Doing more business but enjoying it less
Independent firms report higher dollar volume yet less enjoyment as costs rise and price increases fail to fully offset them. NFIB survey of 75,720 respondents for January to June shows 94 percent face higher costs, 70 percent note higher prices, and 40 percent cannot fully cover increased costs. Job attrition varies by region, with builders hardest hit, and high Social Security taxes push further layoffs.
MENTIONED IN THIS ARTICLE
National Federation of Independent Business
NFIB
You and Your Money Try closed end bond fund
A reader asks about increasing retirement income and is advised to consider a closed end bond fund. The columnist notes funds yield roughly 7 to 7.2 percent depending on share price, typically from corporate bonds but some tax exempt funds exist. A broker can explain personal benefits.
MENTIONED IN THIS ARTICLE
Judith G. Rhoades Q
D.S.D
Wyomissing
Pa. A
Mexico U S share battle with inflation and CONASUPO role
Arizona State University expert Dr. Marvin Alisky cites seven percent inflation in Mexico and notes the government through CONASUPO runs 2600 stores slightly above cost to stabilize prices and function like a food stamp program while buying crops to subsidize agriculture. He warns unemployment and underemployment drive urban migration and social strain.
MENTIONED IN THIS ARTICLE
Mexico
Arizona State University
Marvin Alisky
Mexico City
Basic Commodities Corporation
Conasupo
Dr. Alisky
ASU
Mountain Bell Reaches Five Million Phones Installed
Mountain Bell marked its five millionth phone installation today in the lobby of Bell Plaza Phoenix. The event opened Arizona headquarters on Third Street and Earls Drive with a commemorative phone call between Arizona Governor Jack Williams and Colorado Governor John Vanderhoof. President Robert K. Timothy spoke to about 50 officials and business leaders, noting growth from one million phones in 1948 to five million in 1970 and three years to add from four to five million.
MENTIONED IN THIS ARTICLE
Mountain Bell
Arizona
Bell Plaza
Third Street
Earls Drive
Phoenix
Jack Williams
Colorado
John Vanderhoof
Denver
Robert K. Timothy
Dickson Electronics reports strong second quarter gains
Dickson Electronics Corporation posted second quarter sales of 3.792 million dollars, up from 2.89 million, a 30 percent rise. earnings reached 320 thousand dollars, 60 cents per share, reversing a 104 thousand dollar or 19 cent per share loss a year earlier. President Richard H. Rudolph cited record monthly production and shipping, plus increased engineering and new product development in key specialties.
MENTIONED IN THIS ARTICLE
Dickson Electronics Corporation
Dickson
Richard H. Rudolph
Montgomery Tops Nation in Victorian Furniture Production
Montgomery Alabama reports 280 industries manufacturing diverse goods. About 80 percent of Victorian reproduction furniture made in America comes from Montgomery, highlighting its prominence in the industry.
MENTIONED IN THIS ARTICLE
Montgomery, Ala
UPI
Montgomery
America
Emperor Polyester South Crowned Textile King
Emperor Polyester rises as the dominant textile force in the South, replacing cotton as the era’s leading synthetic fiber. Polyester surpasses nylon in use, with Goodyear and other firms expanding North American production of resins yarns and tire ingredients.
MENTIONED IN THIS ARTICLE
Leroy Pope
UPI
New York
South
United States
Goodyear Tire & Rubber Co
Tire
Dixie
Dacron
Liberal trade policy urged by League of Women Voters
The League of Women Voters of the United States backs a liberal trade policy after a yearlong study. It calls for broad presidential authority to negotiate tariff reductions and for worker adjustment programs as it launches a national campaign. Arizona trade data note 1972 exports worth 350 million and 1970 vegetable imports from Mexico of 120 million, plus border-town plant effects.
MENTIONED IN THIS ARTICLE
Washington, D.C
League of Women Voters of the
United States
League
U.S
Arizona
Mexico
Nogales
Also Mentioned on This Page
West North Central
New England
East North Central States
Mountain States
South Dakota
Washington High School
Darlene Kwee
Steve Bentley
Motorola Inc
Western Area
Ken Bandelin
Scottsdale
Bob Burris
Glendale Unified School District
Bentley
Miss Knee
Try
Options Exchange
H.E
Rankin
Tex. A
The
duPont Glore Forgan, Inc
California
Chicago Board of Options Exchange
United Bank Building
Scottsdale (Az
Daily Progress
Rudolph
Continental Bank
Cose
DOW- Jones Industrials
N.Y. Stock Exchange Industrial Index
RAO
Hughes-Calihan Corporation
North 16Th ST
Suncity
E. University Blvd
Tucson
Binet
JORIS
Weoyseg Landes
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