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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Aug 25, 1974

Page

3

Posture Of Discipline On Ford Administration Urged

North America Newspaper Alliance reports that monetary expert Henry Kaufman warns President Ford faces high loan rates and a need to restore financial confidence. He predicts inflationary pressures from rising commodity prices, costs, and futures markets, plus a gold buying rush after Ford signed the gold bill.

Lou Schneider North America Newspaper Alliance New York Gerald Ford Henry Kaufman Salomon Brothers Treasury William Simon Kaufman Ford Nixon Delivey

Grain Stockpiling Plan Challenges Ford Regime

Washington AP reports that a U.S. grain reserve proposal becomes a political and humanitarian issue amid drought and high exports. Supporters include Humphrey and McGovern. opponents include Bellmon and Dole. Secretary Butz backs free markets, while talk of export curbs or voluntary restraints persists to shield U.S. consumers.

Washington U.S Congress Butz Ford

Inflation Drives Changes in American Lifestyles

AP analysis notes inflation alters daily life from thriftier shopping to fewer vacations and higher debt. It also highlights rising fear of losing personal control, with 1968 and 1974 surveys showing more people feel little control over inflation and retirement funds.

John Cunniff New York

Market Trends Shape Saving and Car Financing Periods

A 1968 survey shows 12 percent and 11 percent felt little control over savings and children's college funding, rising to 17 and 14 percent by 1974. Life Insurance Institute reports shifts in savings behavior and a move to 36 and 46 month auto financing. Ford Credit notes 14 percent of business at 47 months, up from 5 percent. Detroit weighs effects on the normal three year cycle.

Institute of ‘Life Insurance Ford Motor Credit Co Detroit

Burns Leaves L A Hospital After Heart Surgery

Comedian George Burns, 78, has recovered enough to go home from Cedars of Lebanon Hospital where he was admitted August 5 after open heart surgery. The Dow Jones industrial average fell to 686.80, down 44.74 for the week, with the Dow briefly dipping below 700 for the first time since June 1976 as inflation worries spurred losses across markets.

Los Angeles George Burns Cedars of Lebanon Hospital Burns Associated Press

Lincolnton business notes show sales and income changes

Cochrane Furniture Company reports consolidated audited net sales of 10,388,215 for the year ending June 1, 1974, up from 9,565,261 the year before, with net income of 375,555 versus 443,193. Earnings 0.48 per share vs 0.68. Also notes staff changes, local chemistry courses via Greensboro consortium, and a Fifth District banking report with totals and movements in deposits and loans as of August 14.

Lincolnton Cochrane Furniture Company

Cumby Mortuary to Open Second Facility in Archdale

Cumby Mortuary announces a second location at Liberty Road Archdale with a modern chapel and parking. Construction is underway and due for early spring completion, while the existing plant remains open to serve High Point Archdale and nearby families. Architect Norman Zimmerman and C Brown, Inc. prepared plans after a 1964-65 lot purchase and study.

Wade H. Cumby Cumby Mortuary, Inc Chestnut Dr Archdale Liberty Road Cumby High Point Cumby Mortuary Norman Zimmerman C. Brown, Inc. Construction Company

Loans Up in Richmond Fed Survey

Richmond weekly Federal Reserve survey shows gross loans at 27 of the large banks increasing. The report notes loan growth across sectors with continued demand and expansion in consumer and business credit, signaling a modest rise in borrowing activity.

Richmond Federal Reserve Bank of Richmond

Also Mentioned on This Page

Europe United States Hubert H. Humphrey D-Minn George McGovern D-8.d Henry. Bellman Rokla Robert Dole R-Kan Earl L. Butz USDA National Association of Securities Dealers Aerotran American Furniture Bankers Trust Bassett Furniture Bi-Lo Ite Brenner GM Te Burnup & Sims Burris Inds CMC Finance Ak i Titi DOW Jones Cameron Finance Gorham Life Ins Cannon Mills Engraph Inc Carmine Foods We Fidelity Corp Vis Caroling Cas. Ins Fmic Corp Catawba Wicarolina Steel Caralina Wise Fio Forsyth Bank & Trust Cato Orp Am Franklin Life Ins Central Carp Sie Central Vermont Bais i Guardian Bancshrs Reilig Meyer Chatham Ga & Pops Wa Altimedia Ncnb Corp. Ie NC Natural Gas Northwest Fin. Corp Nowasta Fin Ay NoWesta Fin Tnv Co Ae Gccidental Life Tos Piedmont Aviation Piedmont Real N.C Quality Mills Rmlc Corp Rahall Co Ah Reid-Provident Labs Rex Plastics Royal Scotman Salem Shoneys Sonecg SC National Corp Southern Nat Cor Spartan Food Systems Ava Wi Synercon Carp Feferent Leasing 2A Textiles Inc Thalhimer Brox Transco Companies Bio Triangle Brick Unitinc United.Corp Virginia Internationalla Virginia Natl Bank B.B. Walker Shoes Dahone Washington Group Wast Knitting White Shield Co Wix Corp. A Jalond Burns Leaves L.A. Hospital Stanley Shavitz E. Commerce Street Robert McCuiston Iintegon Ray Hubbards C. Melvin Thomas Reginald Styers Greensboro Regional Consortium, Inc Universalty of North Carolina At Greensboro Guilford College A&t State University Bennett College Greensboro College High Point College UNCG Federal Reserve District Granville Moving & Storage Mayflower Hamilton St Fred.p. Newby Steve Foster Craig Newry MGR Fred G. Culler E. Main ST Jamestown Laden Broomington, Minois Diane Wright Kelly Girl Kelly Wilbur M. Currie, Cla E Offenson Coliseum A Booke & Co
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