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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 06, 1970
Page
7
Gerald M. Loeb argues investors must supervise their portfolios, make timely decisions, and not rely on others. Regular review of earnings, cash liquidity, and market news with disciplined selling and buying drives real after tax profits and avoids frozen assets.
Census Bureau estimates show a strong link between education and lifetime income for men. Eight years of schooling in 1968 yields about 277000, high school 371000, college 584000, and graduate study 636000, with college graduates gaining the largest relative advantage.
B. P. John Furniture, a division of Consolidated Food Corp. of Portland, sued High Point National Furniture Mart Inc. for 30,176.50 alleging breach of lease terms for display space at the October 1969 and April 1970 markets. The complaint says a corridor shown in the floor plan did not exist in October and a later opened corridor was rented to another firm during the April show.
The Creole word lagniappe denotes a bonus added to a deal to sweeten it. Originating in New Orleans discourse, the term captures a cultural practice of generosity and value beyond the stated price.
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