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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 07, 1974

Page

3

Gould Views Future Foresees Beginning Of Bull Market

AP News analyst Edson Gould, 72, forecasts a near-term decline to under 700 points late this year or early 1975, followed by the start of a major bull market. He predicts a rebound to 3,000 to 5,000 points in the 1980s amid three-step market cycles and warns of further grief before gains. Gould cites graph readings, mass psychology, and sound international monetary conditions as key drivers, criticizing welfare and praising work ethic.

John Cunniff New York Edson Gould Gould Anametrics, Inc

Gold price climb signals political failure and endless inflation

Trade Winds Moneymen predict endless inflation as IMF experts and global bankers tie the gold rally to U.S. political leadership crisis. They warn that without credible policy, inflation remains unchecked, with gold futures edging toward 200 dollars an ounce amid a 16 percent annual inflation pace.

Lou Schneider Alliance New York U.S International Monetary Fund Washington Living Council John Dunlop United States Nixon Washington Politicos

North State Telephone reports growth and earnings gain

The stockholders heard about a net gain of 5 573 telephone stations in the year, raising total stations to 78 959. The firm installed about 30 000 stations and removed 24 500, a 7.8 percent rise versus a 6.4 percent national average. Earnings were $4.02 per share, up from $3.95, and multi party lines were reduced to four parties. A resolution honored Mrs Velva.

North State Telephone Company United States Velva

Complex stock and industry notes span finance to hosiery

The item compiles stock market rumors on wage policies and inflation, notes leaders in North State Telephone and a bank, cites United Dairies 1973 results and margins, records cemetery association leadership, and previews the Hosiery Manufacturers convention with a cost study by Nat Hill Associates. The report mixes corporate moves, dairy margins, and industry studies with regional business leadership details.

Sheraton Center National Association of Hosiery Manufacturers Nat Hill Associates Raleigh Hill

Market Dips Amid Rate Hike Pressures

The stock market opened strong then slipped as the Dow Jones average finished at 847.54 on Friday, up 0.86 for the week, while the Associated Press average declined to 277.7, down 1.2. Analysts blame rising short term interest rates for the dip.

Associated Press

Also Mentioned on This Page

High Point Enterprise Congress Hardy D. Dudley Robbins Tilden Hoyster M. Tucker Jr Hardy DB. Dudley J. Patrick Harman Donald E. Edwards W. Edward Blair First Union National Bank High Point Ray Hubbards Blair Archdale Edwards West Jefferson Bank East Carolina University Ann Bare Unc-Ch Siler City Archdale Trinity Jaycees Emerywood Baptist Church Patricia Melvin White Lake United Dairies Max Hovis North Carolina James D. Morgan Jr Floral Garden Park The North Carolina Cemetery Assn Winston Salem Morgan Association Cemetery Association Assa Blowing Rock Green Park Taylor M. Simpson Co., Realtors Phyllis Hearne Charlotte — Hosiery Manufacturers of America Catalina Wise Spartan Food Systems Aba Associated Press Data Corp Sifa Assoc Central Cata Jole Synercon Corp Eation Central Vermont Tava Approxiam Televent Champion Parts Fexfiles, Inc C&s Corp S.C Triangle Brick Va al Gastonia Unifi Inc Atlanta Coca-Cola Co Consaof United Care Atlantic Pepsi Calaava Colonial Life Cl Vermont American We Bancshares N.C Bank Greensboro Bank of Granite Conner Hames Virginia Vin Bankers Trust of SC Virginia Natt. Bank Virginia Lawshares Ake Sha Bassett Furniture Daniel Internal Era Ava B. B. Walker Shoe Ava Beaman Corp Diamondhead Corp Fue & Washington Group Durham Life Ins Catawbaba Burnup & Sims Burris Carolina Cas Heilig Meyers Carolina P&l Y Henredon Furniture Caro. State Bank Hickory Furniture Carolina Steel Hoover Co Wye Investment Life & Tr J. B. Ivey Jacks Food Kenan Transport Lance Inc 1844 Lane Companies Va Va Occidental Life Ins Ava Oakwood Homes Ozire Wa Peoples Bank of Rocky Mt BY al Phillips Fescue Piedmont Aviation Piedmont Real Estate Va Planters Rocky Mt Rosa Quality Mills Rmic Corp Ava Bae Rahal Reid-Provident Labs Sme Rex Plastics Roberts Co Royal Scotsman Safeguard Auto Salem Carpet Sam Solomon Sea Pines Security Bk&Tr Security Finance Corp Nv Shoneys Big Boy Save Sonaco A $.C. National Corp Southern Nat Corp Southern Nat Adel Sond Eb Jfmam Donald Edwards First Union National North DOW Jones Ih Tau LOND Edward Blair Tees Granville Moving & Storage Mayflower Granville S. Hamilton St Fred P. Newby Steve Foster GEN. Mgr Craig Newby Veer & Wogtworking Fifth Ave Hawthorne, N.J Stefani Yselv Diehl Tagliabue Irvington Martin ALFA Wallace Yales Amer Whitney Ekstrom Carlson Brookman Multi Sp Buffalo Delta Rockwell New York Industrial Plants Corporation George P. Clark C.L.U Ee Dette Itty Manseay Income & Capital Associates, Inc TCC Cuis la Ua Physicians Planning Service Corporation Provident Site & Accident Insurance Ollica West High St
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