Dollar Tumbles Abroad as Devaluation Talk Rises
The dollar faced renewed pressure overseas after a Congressional subcommittee urged devaluation. Central banks in Britain, West Germany, France, Belgium, Italy, and Switzerland injected over two billion dollars to stabilize rates while observers consider widening the currency fluctuation band.
MENTIONED IN THIS ARTICLE
New York
U.S. Treasury Department
Frankfurt
Britain
West Germany
France
Belgium
Italy
Switzerland
U.S
Washington
United States
International Monetary Fund
Market swings as Dow hits low then gains on week
The Dow Jones average slid to its lowest since January 11 before rebounding to post its largest one day gain since November 30 1970. The index closed Friday at 856.02 up 5.41 points from 850.61. AP reported figures show 307.2 up 2.0 from 305.2.
Stock Quotes Overview From NASD Interdealer Prices
The Associated Press notes NASD quotations are representative interdealer prices around 3 p.m. Thursday. Prices exclude markups markdowns or commissions and markets shift continuously through the day.
Texas Currency of 1836 Hammered Dollars Recalled
Spanish hammered dollars used as currency in the Republic of Texas in 1836 bore the ruler’s likeness removed. The system valued coins up to five thousand dollars, with a counterbilled note included among the issues.
MENTIONED IN THIS ARTICLE
Republic of Texas
Texas
Farm income outlook far from certain amid crop gains
Washington AP reports Nixon administration optimism on farm outputs contrasts with uncertainty in gross receipts for 1971 72 as crop prices and export prospects wobble. Palmby notes record 1970 crop value and $2.2B in payments, with dock strikes threatening exports and net income despite higher July December receipts. Hardin and Heinkel offer differing views on exports and price pressures shaping farm income.
MENTIONED IN THIS ARTICLE
Washington
Nixon Administration
Agriculture Department
USDA
Clarence D. Palmby
Palmby
Gulf Ports
U.S
Clifford M. Hardin
Sparta
Mich
Hardin
Fred V. Heinkel
Midcontinent Farmers Association
Columbia
Heinkel
Trade Winds Steel Strike Talk Big Put-on
North American Newspaper Alliance reports that steel negotiations were a public show with no strike this summer. Prices rise 7 percent yearly under a three year deal, Nixon unlikely to curb them in 1972. Demand stagnant, inventories high, and earnings weak as coal, longshoremen, and steel confront further contract deadlines.
MENTIONED IN THIS ARTICLE
New York
Nixon
Council of Economic Advisers
Gulf Coast
U.S
Realty Transfers In High Point Township Area
Realty transfers show Lou G Garland to Marguerite F Guyer and Marguerite F Guyer to Grace L Freeman involving Own A Home Co properties. Other transfers include Welborn E Malpass to Sidney T Lawrence in Woodyshores Cove. Wachovia Bank to Arthur G Cornell on Woodrow Avenue. H F Farlow to John Russell in Ernest L Bennett property. Jake E Bell to William A Horton in Timberlake subdivision. J Carl Farr to Barry Russell in Sunrise Hills. Robert L Ingram Sr to himself and wife in E H C Fields subdivision. Johnny P Blizzard to Jackie A Sattar in Eastside Park subdivision. Leslie H Davis to Rosa L Jenkins in Dalewood Park.
MENTIONED IN THIS ARTICLE
High Point Township
Lou G. Garland
Marguerite F. Guyer
Own-A-Home Co
Grace L. Freeman
Welborn E. Malpass
Sidney T. Lawrence
Woodyshores Cove
Wachovia Bank and Trust Co
Arthur G. Cornell
Woodrow Avenue
H. F. Farlow
John Russell
Ernest L. Bennett
Jake E. Bell
William A. Horton
Timberlake
J. Carl Farr
Barry, Russell
Sunrise Hills
Robert L. Ingram, Sr
E.H.C. Fields
Johnny P. Blizzard
Jackie A. Sattar
Eastside Park
Leslie H. Davis
Rosa L. Jenkins
Dalewood Park
Leaders Named Harris and Swaim to Head High Point Supply
The Charlotte Supply Co announces Foster C Harris and Brook lyn H Swaim as heads of the new High Point Supply branch. Swaim a Wallburg native with ten years in the trade and Harris from High Point with eight years in supply sales recently join from Kester Machinery Co in Winston-Salem. Harris 29 and Swaim 36 are married with children and bring deep area knowledge to serve Triad customers. Dick Feehery, general manager, says their local insight positions the branch to meet local needs.
MENTIONED IN THIS ARTICLE
Foster C. Harris
Brooklyn H. Swaim
High Point Supply
Charlotte Supply Co
Charlotte
Charlotte Company
High Point
Swaim
Wallburg
Harris
Kernersville
Kester Machinery Co
Winston-Salem
Dick Feehery
Triad
Lincoln National Life agent wins Presidents Month sales honor
Ray Hubbard Culler a High Point representative of Lincoln National Life Insurance Co and member of the Raymond E King Agency in Charlotte has won a Presidents Month sales contest. He will receive a personal memento from president Thomas A Watson.
MENTIONED IN THIS ARTICLE
H. L. Culler
High Point
Lincoln National Life Insurance Co
Raymond E. King Agency
Charlotte
Culler
Thomas A. Watson
Powell Announces Run for YDC Presidency in North Carolina
John K. Powell a 31 year old Charlotte banker announced his candidacy for the presidency of the Young Democratic Clubs of North Carolina. He is the first to announce for the office at the Oct. 29 convention in Greensboro. Powell has served as treasurer of both the state and Mecklenburg County YDC and was named one of North Carolina’s 10 outstanding Young Democrats in 1968.
MENTIONED IN THIS ARTICLE
Charlotte
John K. Powell
Young Democratic Clubs of
North Carolina
Greensboro
Charles Winberry
Rocky Mount
Powell
YDC
Mcklenburg County
Strickland Joins Cameron-Brown Training Program
Charlie Ernest Strickland, a East Carolina University graduate with a B S in business administration, joins Cameron-Brown Co under training in the Raleigh residential production office. He previously worked for Burroughs Corporation. Strickland is married to Kathryn Lynn Morton of Jacksonville North Carolina.
MENTIONED IN THIS ARTICLE
Claude E Pope
Cameron-Brown Co
Charlie Ernest Strickland
High Point Central High School
Cameron-Brown
Strickland
Raigh
Frank Bridger
East Carolina University
Burroughs Corporation
Kathryn Lynn Morton
Jacksonville
Northarolina
Gets Post Arthur D. Caudill Named Director at The Ranch
Arthur D. Caudill, once a High Point resident and Guilford County Health Department employee, has been named director of The Ranch, a Milwaukee County Wisconsin center aiding mentally challenged youths.
MENTIONED IN THIS ARTICLE
Arthur D. Caudill
High Point
Guilford County
Piedmont NAAC Annual Summer Outing Set at Forest Oaks
The Piedmont chapter of the National Association of Accountants hosts its annual summer outing at Forest Oaks Country Club in Greensboro on Thursday August 19. Afternoon golf precedes a social hour at 7 p.m. and a dinner at 8 p.m.
MENTIONED IN THIS ARTICLE
Piedmont
National Association of Accountants
Forest Oaks Country Club
Greensboro
Real Estate Broker Joins Watson-Wall Realty Co
Maurice Peace has joined Watson-Wall Realty Co. Mrs. Peace brings eight years of broker experience. She is a Realtors Institute of North Carolina at Chapel Hill graduate and a member of the High Point Board of Realtors.
MENTIONED IN THIS ARTICLE
Maurice Peace
Watson-Wall Realty Co
Mrs. Peace
Realtors Institute of North Carolina At
Chapel Hill
High Point Board of Realtors
After Work Plans Hint Retirement Path with Integon Help
A speaker urges the Listener to share after work plans as a path toward retirement. The message promotes Integon insurance and related financial services as a means to reach the retirement goal.
MENTIONED IN THIS ARTICLE
Integon Insurance
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John Henry AP
George McGovern
D-S.c
Henry M. Jackson
D-Wash
Bethlehem Steel Corp
Commerce Department
Jemams
DOW Jones
FMAM
THE
Associated Press
Amis Corp
Atlanta
Barber Greene
Bassett Furney
Buckabee Mears
Cam Brown
Carmine Foods
CMC Finance
Carolande Corp
Carel
Caroling Gas Inc
Carolina Carib
Carolina Freeope Car
Carib Carolina Stee Carolina Rene Flo Mia Cent Care Bank
Henredon Wa
Integon Corp
Kaiser Stees Mw
Kewaunee Sentfe
Knape & Vogt
Little Mint
Lowes Co
Ncnb Corp
NC Natural
Occidente
Life
Philips
Roses
Quality Mills
Ruddick S
Sthrn Well Corp
Tri
Lou Schneider
North American Newspaper Alliance
Ed Lyon, Jr
C.la
North Caroline Not
George P. Clark
C.S.A
Hayden Place
Ray Hubbard
Federal Reserve Bank of Richmond
Fifth Federal Reserve District
E. Westwood
JAG . Air Service, Inc
High Point Greensboro, N.C
West High St
Robert McCuiston
C.sa
South Main Street
Integon Financial Services
Oaking
Highland Motors Inc
N. Main St
N.C
Olds
Cadillac