Prices For Farm Land Beginning To Level Off
National and state farmland values cooled in 1974 75 with the national per acre value rising from 310 to 354 and North Carolina from 589 to 638. A slower 8 percent North Carolina gain vs 14 percent nationally. Expert Sobering cites income drops, costs, drought as key factors and warns about 1975 land price momentum tied to net farm income.
MENTIONED IN THIS ARTICLE
Bill Humphries
N.C
State University
Raleigh
Fred D Sobering
North Carolina State University
U. S. Dept. of Agriculture
USDA
Sobering
Corn Belt
Great Plains
North Carolina
Midwest
U. S
Arizona
Texas
Louisiana
Arkansas
NCSA
Piedmont Savings adds Locke as executive vice president
W. D. Lee Jr., president of Piedmont Savings and Loan Assn., announces David H. Locke will join Piedmont Monday as executive vice president and assistant managing officer. Locke moves from Columbia, S.C., to High Point and brings mortgage lending, appraisals, secondary marketing and business development experience. He is a New Jersey native, resident of the triad since 1965, attends the Quaker Church, and will live at 1829-D Executive Park.
MENTIONED IN THIS ARTICLE
W. D. Lee Jr
Piedmont Savings‘ and Loan Assn
David’ H. Locke
Piedmont
Lee
Locke
High Point
Columbia
S.C
New Jersey
Triad
Guilford College
Ellen
Greensboro
David
Locke's
1829-D
Executive Park
Trade Winds Investment Market Jitters Rising
North American investors grow wary as stock market declines shake confidence. Pension fund managers and institutional portfolios pull into cash and reduce exposure to touted growth stocks and the so called nifty 50. Burns cautions on inflation and rate rises. Shorter bond maturities and emphasis on quality seen.
MENTIONED IN THIS ARTICLE
Alliance
New York
Pension Fund
Federal Reserve Board
Arthur Burns
Market Up As Stocks Climb After Slow Week
The AP average of 60 stocks rose .5 to 259.0, while the Dow Jones 30 gained 7.90 to 825.64. Prices improved after a six week decline as bargain buyers entered the market following last week’s slow trading.
Stock Quotes From AP For NASD Interdealer Prices
Quotations from the National Association of Securities Dealers are representative interdealer prices as of about 3 p.m. daily. Prices exclude retail mark-up, mark-down, and commission.
MENTIONED IN THIS ARTICLE
Associated Press
National Association of Securities Dealers
Qantas Names New Chairman Lenox Hewitt
CANBERRA Australia AP Sir Lenox Hewitt 58 secretary of the Department of Minerals and Energy was named chairman of Qantas Overseas Airways announced Friday by Prime Minister Gough Whitlam. Hewitt has led Australia s resources since 1972 after the Labor party came to office.
MENTIONED IN THIS ARTICLE
Canberra
Australia
Sir Lenox Hewitt
Department of Minerals and Energy
Qantas Overseas Airways
Sir Lenox
Gough Whitlam
Labor Party
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