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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 27, 1972
Page
3
European money managers try to raise rates without drawing dollars from the United States. A continued flow of dollars to Europe could spike U S interest rates, dampen the recovery, and trigger higher costs for imports and consumer loans. Belgium and Britain have already raised key rates, while the U S rate remains relatively lower.
Central forecast notes sunny and cold conditions in North Carolina tonight with lows in the 20s, then sunny and warmer Thursday with highs in the 50s. South Carolina sees frost warnings along the coast, cool sunny today, then warmer Thursday, with highs near 60 in coastal areas. Weekend is expected to be milder with scattered showers in the west and along the coast.
American billionaire Howard Hughes landed in Britain after fleeing a Managua hotel following a devastating earthquake. He entered the U K without a passport but was rushed through immigration. He arrived at Gatwick Airport aboard a Lockheed Jetstar and was met by a motor convoy.
In Zebulon North Carolina the former president Harry S Truman left an engraved thanks to the town for making him and his wife Bess honorary citizens during a visit. The town of about 1800 residents near Raleigh is also known as the hometown of Clifton Daniel a New York Times associate editor. A framed letter from Truman hangs in Hale's Farm Supply.
The phrase argues that many so called golden opportunities fail to deliver real value as promises are inflated while genuine benefits remain limited. It cautions readers against overestimating opportunities that appear lucrative at first glance.
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