Real Estate and Finance Personnel Changes Across Several States
Leon Trotter joins Bob Vaughn Realtors as a sales rep in Thomasville after education at East Davidson High and Appalachian State University. Gordon Cole forms John McCracken and Associates in Greensboro after NC State degree. T K Amos earns executive VP at Perpetual Savings after completing a two week Indiana Univ program. Harriss of Life Insurance Co. of Virginia completes advanced salesmanship school in Richmond. First Union declares 23 cent dividend payable Dec 20 to holders of record Nov 15. Norfolk and Western approves 3 for 1 stock split with 79 percent vote. Textile machinery expo to draw 25,000 executives in Greenville. UNCG partners with American Management Association for two management courses in Oct. Pilot Life Insurance staff complete sales techniques seminar in Greensboro. Pelicare plans capital expenditure to lease Lamb's Nursing Home in Winston-Salem, reviewed by NC Department of Human Resources.
MENTIONED IN THIS ARTICLE
Leon Trotter
Bob Vaughn Realtors
Thomasville
Trotter
East Davidson High School
Appalachian State University
T K Amos
Graduate School of Savings and Loan
Indiana University
Amos
Perpetual Savings and Loan Assn
Institute of Financial Education
T. K. Amos
Perpetual
Beware of cocktail currency contracts in foreign bonds
Trade Winds buyers are warned that multi currency clause contracts on Eurobonds may be unenforceable in U.S. courts. The piece cites the 1933 Joint Congressional Gold Resolution banning gold ownership and its continued effect on options to pay in gold or other currencies. It notes Treasury views and failed amendments, urging SEC registration and disclosure of this legal risk to American investors.
MENTIONED IN THIS ARTICLE
New York
U.S
Wall Street
U.S. Supreme Court
U.S. Treasury
Guaranty Trust Co
Henwood
Bethlehem Steel Co
Zurich General Accident and Liability Insurance Co. Ltd
Supreme Court
Treasury
Congress
Securities and Exchange Commission
Advisors Say Slowdown Over in Economic Recovery
New York economists and bankers express mixed views on the pace of the recovery. John Kendrick says momentum remains, Greenspan describes a pause with solid underlying growth, while Morgan Guaranty Trust cautions that retail sales lag personal income and would ease only if inflation stays high.
MENTIONED IN THIS ARTICLE
New York
Nana
Ford Administration
John Kendrick
Commerce Department
Alan Greenspan
President's Council of Economic Advisers
Morgan Guaranty Trust of
MGT
Morgan
Car Sales On Increase
New York reports higher automobile factory sales this year with Chrysler up 36 percent, General Motors up 35.5 percent, Ford up 25 percent, while American Motors falls 23 percent due to buyers favoring larger models.
MENTIONED IN THIS ARTICLE
New York
Nana
Chrysler
General Motors
Ford
American Motors
Uncle Sam As Banker for Big Corporations
An economist from a major New York bank notes a tax quirk in 1976 that left corporations with an extra 15 to 17 billion dollars in short term cash. Firms largely pay taxes on 1975 profits while 1976 gains push earnings 30 to 35 percent higher, delaying tax due until early 1977 when liabilities catch up.
MENTIONED IN THIS ARTICLE
New York
Nana
Uncle Sam
IRS
Over-Reliance On Figures Leads To Wrong Moves
John Cunniff argues that seasonally adjusted economic data can mislead policy, investment, and tax choices. Raw counts differ from adjusted figures, and flawed methodologies can misrepresent trends. The piece cautions against blind trust in statistics and notes revisions and inflated value measures in leading indicators.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
America
Steel price rollback barely cuts car costs
Henry Ford I announced that rolling back steel price increases saves only about $3 per car in steel costs that would have been added to prices. UAW chief Leonard Woodcock argued the rollback delays another price rise and the labor wage gains can be absorbed without inflationary impact on prices or the economy.
MENTIONED IN THIS ARTICLE
New York
Nana
Henry Ford I
Ford Motor Co
UAW
Leonard Woodcock
Higher Prices For Food Seen From Drought
U.S. farmbelt drought signals higher food prices as grain surplus shrinks. European Communist countries boost U S purchases, while Moscow instructs satellites they cannot receive extra supplies, amplifying the effect on prices.
MENTIONED IN THIS ARTICLE
New York
U.S
Moscow
Also Mentioned on This Page
Karen Ann Sledge
Raeford Trotter
Lee Institute
Greensboro
W. Gordon Cole
John M. McCracken
John McCracken and
Robert D. Harriss
The
Life Insurance Co. of
Virginia
Central Carolina
Richmond
Harriss
First Union
Charlotte
First Union Corp
First Union Corporation
First Union National Bank
Cameron-Brown Company
Roanoke
Norfolk and Western Railway Co
Greenville
S.c
United States
American Textile Machinery Exhibition- International
Textile Hall
Blue Badge Brigade
School of Business and Economics
University of North Carolina At Greensborg
American Management Assis
UNCG
Pilot Life Insurance Co
Home Service
H. A. Edwards
W. A. Boling
Pilot
Pelicare Corp
Winston- Salem
Lamb
N.C. Dept. of Human Resources
Leon
Lou Schneider
North American Newspaper Alliance
Howard Stutts
Larry Forrester
William Bell
Tiderton Dodge
High Point
Lopadint Blueprinters
Bient Wood St. Nigh Point
P.o
XEROX
Freeman Assoc. Bldg
Business Mirror
Federal Reserve Bulletin
Fed
Pierre Reinfret
Reinfret
Wurlitzer - Piano
Hinston-Salem
Hanes Mall
Winston-Salem
Jarrett
Jarrett Stationery CO
Axco Mexico City
Acapulco
Mexico City
Taxco
Acapulco Bay
AAA
Mucha Gases
World Travel Agency
Carolina Motor Club
North Main St
Eri
Jerry Tucker
Balfour
Archdale
N.C
Jerry
Home Energy Saver OF N.C., Inc
Linden Ave
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