Corporate Profits Remain Strong in Q2
Profits across the economy held up in the second quarter with Texaco leading gains at 132 percent year on year while banks posted solid results. Real GNP fell 3.3 percent, inflation loomed, and executives noted factors cushioning profits amid a potential recession.
MENTIONED IN THIS ARTICLE
New York
Texaco
Michael Evans
Evans Economics Inc
Washington
The
Wall Street Journal
Evans
General Motors
Ford
Rubbermaid Wins FRTP Award for Map Gear Components
Rubbermaid Commercial Products in Winchester received the FRTP Design Award for using fiberglass reinforced thermoplastic in map wringer gears and pressure plates. Frank Callaghan of Dart Industries Evansville presented the award, sponsored by Fiberfil Division. Swann attended a leadership institute at the University of Missouri with 44 participants. Heritage Financial's second quarter 1979 earnings reached 415,948 dollars on 247 million in assets, with savings deposits up and loan demand strong. Nationwide Insurance named Roy M. Sampson Jr. Agent of the Year in the Valley District. Agreement extended for the Financial Corporation Mount Vernon loan plan through July 30, 1979.
MENTIONED IN THIS ARTICLE
Rubbermaid
Greg P. Terek
Rubbermaid Commercial Products
Winchester
Frank Callaghan
Fiberfil
Dart Industries Inc
Evansville
Indiana
Swann
Harris K. Swann
Southern States Cooperative
Graduate Institute of Cooperative Leadership
University of Missouri
College of Agriculture
S Festitutes
Heritage Financial Corporation
Heritage Savings and Loan
Heritage Financial
C. Linwood Clements
Heritage Savings
Clements
Sampson
Roy M. Sampson Jr
Valley District of
Nationwide Insurance Company
Middletown
James Wood High School
Nationwide
Challenger Club
1Ist
Financial Corporation
Mount Vernon Sa and Loan Association of Alexandria
Also Mentioned on This Page
Hughson Ford
San Francisco
Martin Swig
van Ness Ave
Bank of Clarke
E. Blackburn Moore
Bank of
Clarke County
IBM
Carter
Paul Volcker
Federal Reserve Board
Volcker
New York Federal Reserve Bank
G. William Miller
Treasury
Labor Department
Winchester Evening Star
Greg Terek
Roy Sampson
C&s
Weems Lane
Zayre
Delco Plaza
Frederick County
Visa
Federal Deposit Insurance Corporation
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