Pay And Prices Phase 2 Board Opens In Washington
Phase 2 of Nixon's economic program moves forward with the Pay Board and Price Commission holding first sessions. Officials flag wage boosts in the 5 to 7 percent range and price increases in the 2 to 3 percent range while flexibility remains. Commerce Secretary Stans warns retroactive wage hikes could harm business, leaving the decision to the Pay Board. Exports in September set a record while imports also rose, indicating a trade surplus of 265.4 million dollars. Big three automakers report strong profits, steel shows weakness as inventories are cleared before a strike. The leading indicators index declines for September, with some components not yet available.
MENTIONED IN THIS ARTICLE
New York
United States
Pay Board and Price Commission
Washington
Commerce
Maurice H. Stans
Stans
Nixon
Commerce Department
Gulf Coast
Administration
Congress
Market Recovers Slightly in Narrow Session
The stock market posted its first gain in 12 sessions on Thursday before an inconclusive Friday. Analysts called the rise a technical change as the AP average of 60 fell 4.4 points for the week to 308.6 and the Dow Jones average slid 13.37 points to 839.
Set-Aside Payments Redefine Farm Subsidies in 1972 Plan
Washington AP reports that future farm payments total about 1.8 billion dollars under the 1970 Agriculture Act. Farmers joining the feed grain program receive price support loans and set aside land payments without strict quotas. Corn set-aside payments are 40 cents per bushel based on half base acreage, framing subsidies as payments for not producing crops.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Congress
USDA
Stock Quotes From Interdealer NASD Guideline Notice
Quotations from the NASD reflect intraday interdealer prices near 3 p.m. Thursday and exclude markups markdowns or commissions. Markets vary through the day with corn used as a guideline for reference.
Mobil Chemical executive named to Stroupe Mirror post
William R. McKenzie sales manager of Mobil Chemical wood finishes will become executive vice president at Stroupe Mirror Co. in Thomasville on Nov. 15. McKenzie, a Winston-Salem native with UNC Chapel Hill commerce degree, has held roles at Ernst & Ernst and American-Marietta, and is active in church and community boards. He and his wife Henrietta Walton have four sons.
MENTIONED IN THIS ARTICLE
William R. McKenzie
Mobil Chemical Co
Stroupe Mirror Co
Thomasville
Robert Stroupe
Mirror Manufacturing Company
Winston - Salem
Virginia Episcopal School
University of North Carolina
Chapel Hill
Ernst & Ernst, Cpa
Winston-Salem
American-Marietta Co
Mobile Chemical
McKenzie
St. Mary’s Episcopal Church
High Point American Business Club
United Fund
The
Red Cross
YMCA
Salvation Army Boys Club
Bloodmobile
Westchester Dr
O. E. Troyer
Troyer
Smith
University of Alabama Law School
University of the South
Sewanee
Tennessee
John Hancock
Greensboro
Chartered Life Underwriter
High Point Life Underwriters Association
Mr. Smith
Clyde E. Swift
CLA
Nashville
North Carolina Savings Bonds Surge in September and Jan Sept
September sales of U S Savings Bonds in North Carolina reached 5 574 600 a 7 1 per cent rise from a year earlier and the highest September dollar volume since 1945. January September total 55 852 290 134 per cent above 1970 and the best nine month period since 1945. State goal 63 600 000 is 87 8 per cent achieved. Guilford County September sales 592 825 with January September totaling 5 377 496 about 90 5 per cent of its 5 941 512 goal.
MENTIONED IN THIS ARTICLE
U. S
North Carolina
Guilford County
Piedmont Natural Gas Reports Higher 12 Month Results
Piedmont Natural Gas Company announced stronger 12 month figures ending September 30 with net income up 17 percent to 4,461,276 and operating revenues totaling 57,135,213 up 10 percent. The balance available for common shares rose 21 percent to 3,831,810 and earnings per share rose to 2.02, up 12 percent.
MENTIONED IN THIS ARTICLE
Piedmont Natural Gas Company
Eckerd Drugs reports record half year sales earnings
Eckerd Drugs Inc of Charlotte says unaudited sales and earnings for the 26 weeks ended Oct 2 set records. Sales reached 56,827,074 dollars, up 17.2 percent from the prior period.
MENTIONED IN THIS ARTICLE
Eckerd Drugs, Inc
Charlotte
Morgan Speaker At AMS Atty Gen Robert Morgan to speak at AMS meeting
Attorney General Robert Morgan will discuss The Impact of Consumerism on Business Practices at the Administrative Management Society AMS Nov meeting. The Top of the Mart hosts the 6 p.m. event with Joy Watson as program chair and Clide Garrison as five minute speaker.
MENTIONED IN THIS ARTICLE
Robert Morgan
Administrative Management Society
Morgan
Joy Watson
Snelling & Snelling
Clide Garrison
One Day Course at State University for Office Management
A North Carolina State University one day course in Effective Office Management will be held at the Sheraton Motor Inn in Greensboro on November 8 for people engaged in administrative management. The course will provide proven methods to eliminate confusion waste and loss of time and materials in daily office management. Further information on the
MENTIONED IN THIS ARTICLE
North Carolina State University
Sheraton Motor Inn
Greensboro
Also Mentioned on This Page
DOW Jones
Jasono
Associated Press
Aerotron Se
Amic Corp
Atlanta
el Paso Elec
Equitable Leason Farmers NW
Fidelity Corp
Ist
Hickory Furn
Hoover
Integoa Corp Joslyn Mfg
Kenan Trans
Kewaunee Scnife
Knape & Vogt
Dev Corp Nati
Ncnb Corp
Peoples Bank
Planters Nati Bank
Piedmont Av
Phillips Fescue
Quality Mills Roses
Ruddick
Sonoco
Stern Natl Corp
Sugardale
Synercon
Textiles
Tri South Mor
Triangle Brick
Vt Amer
Walser
Welingtn-Hall
Walker
Ed Lyon, Jr
C.la
North
Caroline Nat
Ray Hubbard
Glenwick Lane Point
His
Henrietta Walton
Westchester
Maynard Shields
Ncsu Division of Continuing Education
Raleigh
Piedmont Gas
AMS
Wilde Thurston Road
Call Collect Realty International
Richmond
Tom Gibbs
Owens
W. C
Connie) Owens
Consumer Bankers Association
Phoenix
Ariz
the Association
U.S
Consumer Credit
North Carolina National Bank
Duke
Duke Power Company
Joe S. Major Jr
Robert L. Dick
George P. Clark
C.S.A
Hayden Place
Oldsmobile
Highland Leasing
Highland, Motors, Inc
N. Main St
High Point
N.C
Olds - Cadillac
Highland Motors, Inc
Olds
John Hancock Mutual Life Insurance Company
Jack W. Smith
CLU
Dial
Edgeworth Building
Life Insurance
P. O. Box
John Hancock Offices
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