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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 30, 1974
Page
5
Washington AFL-CIO President George Meany in a Labor Day message warns two years of rapid inflation have eroded living standards and urges President Ford to pursue humane, realistic solutions. He calls for lower interest rates to stimulate jobs and housing and pledges labor's cooperation with the new administration.
Prices by grades held steady with 112 dollars per hundred pounds the practical top price as flue cured tobacco markets in the Carolinas and Virginia closed another auction week. The Federal State Market News Service reported 5.2 million pounds at 109.67 on the South Carolina Border Belt and 7 million pounds at 108.52 on the Eastern Belt.
The Flue Cured Tobacco Advisory Committee approved an orderly closing plan for flue cured auction markets at season end. Warehouses will close when tobacco volume limits sales, and northern market sales time will rise 17 percent when Georgia Florida area markets close. The schedule through Sept 19 remains in effect amid pleas from South Carolina lawmakers for more sales time as Ed Young warned tobacco is spoiling.
Atty Gen. Robert Morgan asked the FBI to review allegations that the state's Enforcement and Theft Bureau used political aims in examining his background and ties to former clients. U S Atty Thomas McNamara noted the inquiry could center on civil rights, with initial findings due in about three weeks.
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