Dollar slides as gold price soars worldwide
The AP reports the dollar weakens against major currencies as gold surges. In Zurich the dollar hits a new low versus the Swiss franc after Ford and Giscard d Estaing agree in Martinique that governments may set gold prices above the official rate. The move, endorsed by the Common Market executive commission, could reshape the international monetary system and boost hard-hit industrial nations’ credit.
MENTIONED IN THIS ARTICLE
London
Zurich
France
Ford
Valery Giscard d
Common Market Executive Commission
International Monetary System
Syria Charged Over Tank Breach On Golan Heights
Israel said a U.N. inspection confirmed Syria has 90 tanks along the Golan front, above the 75 permitted in the disengagement pact. An Israeli spokesman stated the U.N. team also found 13 tanks beyond the limit and urged Syria to remove the excess.
MENTIONED IN THIS ARTICLE
United Naions
Syria
Golan Heights
Israel
U.N
U.S
Henry A. Kissinger
United Nations
Communist Offensive Expands in South Vietnam
In a new development the government says Communist forces captured a second district town Hung Long in the Mekong Delta after a three hour shelling and infantry attack. Government casualties near 5000 in 12 days. Details on defenders unavailable.
MENTIONED IN THIS ARTICLE
Saigon
South Vietnam
Mekong
Hung Long
Hollings Proposes Big Budget Cuts to Tame Inflation
Sen. Ernest Hollings of South Carolina says he will offer amendments to the 1975 and 1976 budgets to trim almost 10 billion dollars. He calls for a 2 percent cut in federal personnel and a 10 percent cut in contracts, services, supplies, acquisitions, grants and loans.
MENTIONED IN THIS ARTICLE
Washington
Ernest Hollings
D-S.c
Congress
Senate Budget Committee
Hollings
Fertilizer Prices Seen Climbing Less This Year
Fertilizer costs may rise 10 to 15 percent in coming months, far below the double increase farmers faced in 1974. The Agriculture Department’s Outlook and Situation Board cautioned the rise could ease the price spiral, while noting reduced late 1974 purchases. Senator Herman Talmadge urged prioritizing natural gas for nitrogen production to prevent shortages and higher prices.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Herman E. Talmadge
D-Ga
Ford Administration
Food Chain Divestiture Question Raised in Hearings
Washington AP reports the Joint Economic Committee closes hearings on food pricing with top supermarket executives testifying. Ann Brown of Americans for Democratic Action and Mark Silbergeld of Consumers Union warn that market dominance by a few chains reduces competition and raises prices. Brown accuses dominant chains of predatory pricing to exclude competitors from concentrated markets.
MENTIONED IN THIS ARTICLE
Washington
Joint Economic Committee
Tion Consumer Affairs Committee
Mark Silbergeld
Consumers Union
Cold but sunny forecast with chilly night at 25
The region will stay dry with no rain expect through Wednesday. Daytime highs around 55 degrees today and tomorrow, while tonight plummets to 25. Light westerly winds at about 10 mph.
Governor-Elect Edwards Hosts Luncheon With Pecans
Aiken母 overheard comments on printing shopping day counts for Christmas as Governor-elect James B. Edwards left a Women’s Club luncheon carrying a mystery package. Inside: pecan pies, linked to his dentist’s sweet tooth and rumors about the Triple Crown Ball set for March 7 with tickets via the Chamber of Commerce.
MENTIONED IN THIS ARTICLE
James B. Edwards
Republican Women’s Club
Chamber of Commerce
36 Point Travel Plan Unveiled by Aiken Officials
A 36 point travel improvement plan for Aiken and vicinity was unveiled at a public hearing in the city hall. The discussion centered on three Whiskey Road improvements and a proposed two lane connector from Laurens Street to Mead Avenue to relieve congestion and aid Fire Department access to Hitchcock Woods.
MENTIONED IN THIS ARTICLE
Aiken
Whiskey Road
Laurens Street
Mead Avenue
Coker Spring
Berrie Road
Hopeland Gardens
State Highway Department
Chesley Gwinn
Gwinn
Salvation Army and Jaycees Raise Over $7,000 in Aiken Drives
The Salvation Army and Jaycees in Aiken County report over seven thousand dollars raised so far. Funds support a needy family of seven in a small wooden home facing a bleak Christmas, while the Jaycees campaign helps poor children on an annual shopping tour. Donations are welcomed by mail to the respective organizations in P O Box 439 or 707, Aiken.
MENTIONED IN THIS ARTICLE
Salvation Army
Aiken County
P.O
Aiken
Jaycees
U S Economy Faces Patchwork of Ups and Downs
The nation saw a mixed day with price shifts and labor talks. Ford and Giscard dEstaing agreed on steps toward a global energy approach while a consumer oil conference was planned for next year. Senate energy bills sought 30 percent of imported oil on US tankers. Sugar prices fell, US Steel raised prices, and layoffs were announced.
MENTIONED IN THIS ARTICLE
Ford
Valery Giscard d
Administration
Senate
United States
Northeast
Steel
United Mine Workers Construction
United Airlines
American Motors Corp
Edward M. Kennedy
Giscard d Estaing
Wastewater Study Funds Sought by Aiken County Authority
The Aiken County Public Service Authority approved seeking funds for a wastewater study for Perry Wagener Salley and Wagener area. They will request $3 000 from the county board of commissioners with the rest from federal sources. The study aims to determine the project scope and size to meet discharge standards.
MENTIONED IN THIS ARTICLE
Aiken County Public Service Authority
Perry Saller
Wagener
Aiken County Board of Commissioners
Carol M. Ewing
Lower Savannah
Public Service Authority
Horse Creek Valley
Douglas Garvin
Also Mentioned on This Page
The
Associated Press
Food Chain Divestiture Asked
Ann Brown
Americans For Democratic Ac
Derby Wendel
Ing
Nick Mathis
Mathis
Granville deWitt
Two Notch Road
Walker
Umbrella
New York City
Seaboard
Frances H Conant
BR Permenter
Tallman
Daisy C Crawford
By Eric Higgs
Wastewater Page
Rhododendran
Roadodendron
Rhodeodendron
Rhododendron Street
Wendell Hall