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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 13, 1970
Page
8
Mrs. Froelich is partner and manager of the local store. The shop operates 10 a.m. to 5 p.m. daily Monday through Friday and by appointment on Saturdays. Troy Farr runs a second Wilson area store.
The Associated Press reports NASD quotations around 3 p.m. Thursday as representative interdealer prices. Markets fluctuate through the day and prices exclude retail markups and commissions.
The International Monetary Fund warns that America’s inflation and rising unemployment threaten global stability. It urges tighter policy tools beyond standard financial measures and notes the U S must curb dollar outflows to avoid further economic strain.
A reflective line about embracing losses as training, valuing the lesson over immediate cost. It suggests growth through risk and learning from each venture, framing experience as capital.
In Carthage North Carolina rookie policeman John Chambers 21 a Black officer faces trial for the shooting death of Gerald Rosser 29 a white man during a restaurant scuffle after Chambers asked white youths to leave. Chambers bond is set at 5000 and a September court date may be moved as the November grand jury decision looms. The town board suspended him but praised his prior service after five weeks on the force.
McDonald’s Corporation will enter the Netherlands as its first overseas market by forming a joint venture with Albert Heij N.V. to own and operate restaurants there. The new company aims to open several McDonald’s outlets in 1971 with indoor seating and standard menus modeled on the chain’s newer U.S. designs.
Robert E. Pomeranz, president of Roberts Company in Sanford, has organized Artex Engineers, Inc., a new textile engineering consulting firm. He remains Roberts president and will focus on pursuing an appropriate merger for the company.
The agency engages Bennett Advertising to develop and run an advertising program for UCB a holding company with American Bank and Trust Co of Monroe and Waccamaw Bank and Trust Co of Whiteville as members. It operates 47 offices across 33 NC cities and towns.
New York Mayor John V. Lindsay presided at the opening of a Burlington Industries model textile mill in Burlington Indiana. He toured a mock-up on a moving escalator and spoke with Burlington president Ely Callaway Jr. about the enterprise.
Horace G. Ilderton Inc. of High Point announces T Carey Ilderton has been named to the Dodge Dealers Advisory Conference for 1971. The panel meets twice yearly to advise Dodge on marketing cars and trucks.
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