Demand For Crop Land Up By 1985 Projections
AP Farm Writer DON KENDALL reports Agriculture Department projections that harvested crop land could rise to 350 million acres by 1985, up about 60 million from 1972 and 32 million from this year, as cities encroach and Congress debates state land needs amid Nixon era environmental planning.
MENTIONED IN THIS ARTICLE
Don Kendall
Washington
Agriculture Department
Department
Congress
Nixon Administration
Minus For 1973 Market Ends A Loser
The 1973 stock year closed with a broad decline amid inflation high rates and political turmoil. The Dow slid from a January high to 788.31 by year end while the NYSE index fell to 49.05 as oil shocks and Watergate shadowed gains. Analysts warn 1974 faces uncertainty though some hold out hope for relief from the energy embargo.
MENTIONED IN THIS ARTICLE
David Burke
NEW York
New York Stock Exchange
Dow
Shaw
Gordon
Trade Winds Nixon Okayed Rate Hike By LOU SCHNEIDER
President Nixon raised the interest rate on U S Savings Bonds to six percent from 5.4 percent to boost investor appeal. The move, aimed at reversing declining bond sales, signals no early drop in bank loan rates or corporate bond yields.
MENTIONED IN THIS ARTICLE
Lou Schneider
North American Newspaper Alliance
New York
U. S
Nixon
Investment Outlook Sees Higher Rates in 1974 and 75
Stock quotations discuss foreign market yields and U.S. near term power rates. U.S. budget for fiscal 1974 shows about 29 billion dollars in interest payments, up more than 4 billion from a year ago. Analysts predict long term rates rise due to slower profits and need for plant expansion, with corporate financing in 1974 near 20 billion dollars.
MENTIONED IN THIS ARTICLE
Wolman
United States
U.S
New Record In Spending Reported
Industry leader R Newell Lusby of Diners Club says retail expenditures will top 500 billion dollars in 1973, up about 11 percent from 448 billion in 1972, while total consumer credit runs at 170 billion annually versus 157.6 billion in 1972, with cardholder spending rising domestically and abroad.
MENTIONED IN THIS ARTICLE
R. Newell Lusby
Diners Club
Firms Face Price Fix Charges
Six U S gypsum board producers were indicted for fixing prices. United States Gypsum, National Gypsum, Georgia Pacific, Kaiser Gypsum, Celotex, and Flintkote allegedly set present and future prices and planned deviations after consulting rivals. Additional antitrust suit in Kansas City targets Mid-America Dairymen for monopolizing milk sales in ten Midwestern states. Investigations probe alleged political contributions related to a dairy subsidy. Government notes middlemen margins rose 3.3 percent in November while farm prices fell 2.2 percent.
MENTIONED IN THIS ARTICLE
Stephen H. Miller
AP Business News
NEW York
United States
Pittsburgh
United States Gypsum Co
National Gypsum Co
Georgia-Pacific Corp
Kaiser Gypsum Co
Justice Department
Kansas City
Mid-America Dairymen Inc
Midwest
Mid America
Associated Milk Producers, Inc
Dairymen Inc
Nixon
Business Notes and Corporate Moves Across Carolina Industry
David C. Tucker named vice president and general manager of Carolina Truck and Trailer Sales, replacing announced by president John C. Ray. Tucker joins from a regional International Harvester consultancy after serving at the Atlanta Southeast Office. American Furniture of Martinsville reports record fiscal year sales of 60.73 million and net earnings of 2.68 million for the year ending December 1, with per share figures 95 cents. Henredon Furniture Industries declares quarterly dividend of 15 cents plus a 12 percent non recurring dividend payable February 1 to holders of record January 11. Joe W. Teague to join Jones and Peacock as assistant vice president January 1, bringing prior leadership roles in clubs, commerce, and insurance.
MENTIONED IN THIS ARTICLE
David C. Tucker
Carolina Truck & Trailer Sales, Inc
John C. Ray
Carolina Truck & Trailer Sales
Tucker
International
GMC
International Harvester
Atlanta
American Furniture
Martinsville
Joe W. Teague
Jones & Peacock, Inc
Teague
High Point Public
Campbell College
Colonial Country Club
H. P. Chamber of Commerce
Sylvia Newton
Also Mentioned on This Page
High Point Enterprise
Federal Reserve Board
Shack
Watergate
Bill Wolman
Argus Research Corp
Poole
Associated Press
National Association of Securities Dealers
Arked
Aerotron Ve
Gas Light Atlantic
Pepsi Cola Sa Ve
Bancshares
Bankers Trust of
Bassett Furniture
TBM
OMC Beaman Corp
Jasono
DOW Jones
Caro Corp
Central Care
Hoover Co
Central Vermont
Champion
Ta Investment Life & Tr. B. Ivey
Lance Inc
Charter Co
Chatham
Ova
Leggett & Platt C&5 Corp
Liberty Bank & Trust
Citizens
Gastonia
Life Assurance of Care
Coca-Cola Co. Consol
Colonial Life
Bank Greensboro
Waalowe’s Companies
Conner Homes
Mack's
Va Context
Ms Multimedia
Daniel Internal
Scnb Corp
Diammondhead Corp
Durham Life Ins
Northwest Fin Corp
E/ Paso Electric
Engraph Inc
Ate
Fidelity Corp of
Reave Occidenta Life Ins
Fmic Corp
Oakwood Homes
Cit Sank&Trust
Unite
An AM Fnb
Catawba
Peoples Bank of
Rocky Mt
Forsyth Bk&Tr
Phillips Fescue Franklin Life Ins
Rey Va Guardian Corp
Bia
Piedmont Aviation Pe
Harrelson Rubber
Piedmont Real Estate
Heilig Meyers Bade
Bk Rocky Mt
Henredon Furniture
Sit
Hickory Furniture
Rahall Camm
Waslo Reid-Provident Labs Wa SY Ng Rex Plastics Agata Roberts Co
Peam
Royal Scotsman Oy
Safeguard Auto Va
Salem Carpet
Sam Solaman
Sea Pines Te Security Finance Corp We
Shoneys Big Boy
Sonace Products
C. National Corp
Southern Nat Corp. Manu Southern Nat Debs
Spartan Food Systems Super Dollar Stores
Tha Synercon Corp
Mm Am
Textiles, Inc
Thalhimer Bros
Transco Companies
Transport Data Commun
Tri-South Mort
Wisa
Triangle
Wa Unifs Inc
United Corp. Bancshar
Vermont American
Virginia International Virginia Natl. Bank
Virginia Lavshares
B.B. Walker Shoe
Washington Group
Wes! Knitting
White Shield Co. War
Wa Wix Corp. Wright Macary
Sax
Ae Aghogiaphy
College Village
High Point
Division of
Highland Motors Inc
N. Main St
N.C
Olds-Cadillac
Etna Business Credit, Inc
N. Hamilton St
Bax
Henredon Furniture Industries, Inc
R.E
Bob” Lee
Jefferson
Bonnie Horney
West High Street
Allstate Leasing & Acceptance Corporation
TM. Allstate Leasing & Acceptance Corporation
No. Carolina
No. Carolina Corporation
Allstate Leasing& Acceptance Corp
East Boulevard
Charlotte
N. C
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