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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Richmond
Federal Reserve Bank of Richmond
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Europe
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George McGovern
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Henry. Bellman
Rokla
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USDA
National Association of Securities Dealers
Aerotran
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Bankers Trust
Bassett Furniture
Bi-Lo
Ite
Brenner
GM Te Burnup & Sims
Burris
Inds
CMC Finance Ak i
Titi
DOW Jones
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Gorham Life Ins
Cannon Mills
Engraph Inc
Carmine Foods
We Fidelity Corp
Vis Caroling Cas. Ins
Fmic Corp
Catawba
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Caralina Wise Fio
Forsyth Bank & Trust
Cato Orp
Am Franklin Life Ins
Central Carp
Sie Central
Vermont
Bais i Guardian
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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
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Federal Reserve District
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Hamilton St
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A Booke & Co