Who Really Came Out Ahead In Monetary Turmoil
The article explains that holders of dollars who exchanged into stronger currencies like the German mark and Japanese yen benefited, while central banks and those stuck with devalued dollars faced losses. Corporations with cross border debts and exporters receiving dollars rushed to cash in, accelerating currency moves and devaluation fears. A New York bank economist calls the flow a protective exit akin to fleeing a theater fire.
MENTIONED IN THIS ARTICLE
New York
New York City
Europe
Japan
State Farmers Prepare For Next Winter In Oklahoma
Governor Hall says Oklahoma agricultural leaders are assessing emergency hay and feed needs for livestock if severe winter weather returns. County reports indicate current hay supplies may cover cattle through winter. federal aid options, including subsidized transport costs, are being studied for potential approval.
MENTIONED IN THIS ARTICLE
Oklahoma City
David Hall
Oklahoma
Hall
State Board of Agriculture
Billy Ray Gowdy
Office of Emergency Preparedness
Ressouk
Texans Show Little Interest In Exploring Coastal Area
Texas air men show limited interest in offshore oil and gas exploration off the Texas coast, as the Interior Department prepares an environmental impact statement and public hearing on proposed 21 Texas and five Louisiana offshore leases. Officials expect a sale notice around May 15 and a June 19 sale in New Orleans, with estimated reserves of 60 million barrels of oil and 7.6 trillion cubic feet of gas cited to spur testimony from industry and government.
MENTIONED IN THIS ARTICLE
Houston
Texas
Louisiana
Interior Department
Bureau of Land Management
Interior
Nabionis
New Orleans
High Island
Galveston
Sabine River
Cameron
Roy Hollingworth
Oklahoma City
Clifford Coffman
Stonewall
Navy
Keith Stivers
Mike Zenker
Counter
Stephen Wood
Ada
Marine Corps
Armed Forces Recruitment Center
E. Main
Federal
Rey Euper
Thomas Harjo
Biddy Kidd
4. Cogburn
Army
Gary Free
Air Force
Ed Lewis
Marine Corp
Volkswagen to Raise U.S. Car Prices Amid Dollar Shock
Volkswagen plans price increases in the United States following the dollar shock. Chairman Rudolf Lebing said early in January a rise has already been implemented with an average six percent uptick. A later announcement targeted West Germany, but specifics for the U.S. timing were not given.
MENTIONED IN THIS ARTICLE
Volusburg
Germany
APY
Volkswagen
United States
Rudolf Lebing
Leiding
City residents lead Ada scholarship drive for EC students
Private citizens and Ada businessmen coordinate a community fund for East Central College. About 15,000 dollars pledged, targeting 40 scholarships of 350 dollars each. donations welcome from any source. Pollock and Dillon lead the effort aiming to involve Ada citizens with the college and support all departments.
MENTIONED IN THIS ARTICLE
East Central
Jack Pollock
Frank Dillon
Ada
Ada Schools Spend Less Per Pupil Than National Average
Ada public schools in Pontotoc County report per pupil expenditures far below national and regional averages. Supt Max Skelton presented figures showing instructional costs at 384.50 per pupil versus 494.74 nationally and 423.64 regionally. Ada emphasizes frugality, noting self supporting athletics and limited health, library, and clerical spending. Ada accounts for about 40 percent of county enrollment, with a total budget near 1.67 million dollars and 682.99 dollars per pupil in revenue.
MENTIONED IN THIS ARTICLE
Er? T Thomps
Ada
Oklahoma
Board of Education
Supt. of
Max Skelton
Louisiana
Arka
Thai
Texas
Skeliga
Skelton
Skerlon
Pontotoc County
Byng
Latta
McLish
Allen
Roif
Vaness
Stonewall
Remington Sales Rise for 1972 Amid Costs
Remington Arms Company Inc reports 1972 sales of 126.9 million up from 116.2 million in 1971. Net income 8.9 million 1.23 a share vs 9.3 million 1.27 a share in 1971. Board declares 1.127 a share preferred dividend and 0.3020 a share interim common dividend amid higher start-up costs at Lonoke plant.
MENTIONED IN THIS ARTICLE
Remington Arms Company Inc
Lonoke Ark
Board of Directors
Also Mentioned on This Page
U.S
Britain
Vette
Gulf of Mexico
Pollock
Hamilton
Bulova
Longines
Wittnaver
Bigmonds
Gem Jewelers
Remington
Cokianome State Bank
F.D.I.C
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