Arabs To Invest In United States, Yamani Says
Saudi oil minister Sheik Ahmed Zaki Yamani said Saudi Arabia will likely invest a major portion of its oil wealth in the United States. He noted possible investment in U.S. government securities and the stock market, while ruling out current interest in real estate. He warned of an embargo risk if the Israeli-Arab dispute remains unresolved.
MENTIONED IN THIS ARTICLE
Gregory Nokes
Associated Press
Taif
Saudi Arabia
United States
Sheik Ahmed Zaki Yamani
Middle East
Yamani
U.S
Treasury
Sheik
Simon
Old Tree Cut for Raleigh Statue in North Carolina
A 16 foot statue of Sir Walter Raleigh will be carved from a Pitt County cyprus tree dating over 450 years. The six ton log arrives in Raleigh to be carved by R. K. Harniman in the North Hills Shopping Center mall. The artist plans a four month work period before a year long statewide tour. The project is a joint effort of the shopping center and Weyerhauser Co. who own vast North Carolina woodland holdings.
MENTIONED IN THIS ARTICLE
Greenville
N.C
Sir Walter Raleigh
Pitt County
Raleigh
Sir Walter
New World
R. K. Harniman
New York
Harniman
Mall of Northhills
Weyerhauser Co
North Carolina Woodlands
Savannah Dam Debate Narrows On Public Need
The Carolinas chapter of the Sierra Club criticizes a proposed Savannah River dam as poorly justified. Dr. Ross C. Clark argues the Army Corps study overstates economic benefits and understates environmental and construction costs while exaggerating local support for the Richard B. Russell dam at Trotters Shoals. He favors an alternative that preserves upland Savannah River areas for hunting and fishing.
MENTIONED IN THIS ARTICLE
Due West
Carolinas
The
Sierra Club
Savannah River
Army Corps of Engineers
Ross C. Clark
South Carolina
Club
Army
Richard B. Russell
Trotters Shoals
Clark
Average Tobacco Price Down In First Week Sales
Average prices for the first week of flue cured tobacco in the South Carolina border North Carolina area fell $1.78 from last year’s first week. Gross sales reached 21,924,488 pounds at an average of $31.74 per hundredweight while last year’s week moved 27,222,015 pounds at $83.48. Grade prices rose in many cases yet lighter quality offerings kept overall averages down. Cutter prices rose $3 to $5, most logs and primings up $1 to $4, non descript down $7 to $10, primings down $1 to $4. Most grades sold about $1 above support.
MENTIONED IN THIS ARTICLE
Raleigh
N.C
South Carolina
North Carolina
Federal State Market News Service
Florence
D.C
Fower
Cyprus game weighs Greece Turkey and Cyprus factions
AP notes the Cyprus puzzle features Greece seeking annexation with a four fifths Greek majority. Turkey opposes Greek control and hints at partition or federation with Turkish autonomy. Turkish Cypriots favor autonomy or federation, while Greek Cypriots split between union with Greece and nonaligned independence under Makarios. Britain seeks bases with minimal fuss and cost.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Cyprus
Greece
Turkey
Britain
United States
Soviet Union
Makarios
NATO
Athens
Navy Dubs Destroyer For Sailor
The USS Valdez, a 4200 ton destroyer escort named for Navy Hospital Corpsman Third Class Phil Isadore Valdez of Espanola New Mexico killed in 1967, will be commissioned at Charleston Naval Base July 27 with Sen Pete V Domenici delivering the principal address. Valdez posthumously earned the Navy Cross for aiding Marines under fire near Da Nang. He exposed himself to protect others and saved two lives.
MENTIONED IN THIS ARTICLE
Charleston
S.C
Valdez
Vietnam
Charleston Naval Base
Pete V. Domenici
Rn.m
Navy Hospital
Phil Isadore Valdez
Espanola
N.M
Danang
Navy
Also Mentioned on This Page
1ZA
High Point Enterprise
U.S. Treasury
William 4. Simon
Weyerhauser Employes
Rz Ava
Savanna
Destroyer
Millis Square
Equal Housing Lender
Piedmont
ICA
Haya
Cloniger DR. Thomasville
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