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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jun 02, 1974

Page

3

Farmbelt Campaigns Mapped by Nixon aides

White House outlines a campaign blueprint tying Nixon era farm policies to diplomatic successes. Agriculture Secretary Butz has long cited food reserves aiding detente with the Soviet Union and China. Haig aides reportedly framed this link as the campaign message for farmbelt Republican candidates.

Don Kendall Washington White House Nixon Agriculture Eart L. Butz U.S Soviet Union People's Republic of China Alexander M. Haig Jr Haig

GM Notes Flaw In Vegas Engine Cooling Issue

GM announced a free repair program for 1.3 million Vegas built before 1973 with under 50 000 miles damaged by overheating. Aluminum engines risk warping and 1973 model year anti overflow devices will be retrofitted. About 2000 complaints prompted the notice as GM stresses owner honesty and fixes. Nixon delivered a midyear economy report in Washington predicting slower inflation and rising output.

Sam Boyle New York General Motors Washington Nixon Congress

Haig briefing notes farm policy progress and world view

A May 23 closed briefing for top public affairs aides covered farm policy as the administration's strongest domestic focus and praised Kissinger's work as inseparable from a strong home economy. Haig also reviewed U.S. shifts since 1965, noting the world no longer relies on U.S. largesse, the USSR nears parity, and tensions with Moscow and Peking exceed those with Washington.

Henry Kissinger Haig Nixon Agriculture Department Butz White House U.S

Market Dips as Dow Ends Week Lower at 802.17

The Dow Jones Industrial average closed at 802.17 on Friday, down 14.48 from the previous week, while the Associated Press average slipped 3.2 to finish at 249.1. Analysts cite ongoing worries over high interest rates and inflation.

Dow Jones Associated Press

Trade Winds Big Profit Bubble Could Burst

North American Newspaper Alliance reports that big firms see inflation not harming profits now but fear reduced demand from eroding purchasing power. Citibank notes real output fell 7 percent, productivity down 3.5 percent, unit labor costs up 11 percent. Inventory profits may not recur. a moderate inflation slowdown could cut profits.

Lou Schneider Newspaper Alliance New York Citibank Department of Commerce

Business Notes highlights Webster board seat and Poly Color appointment

William M. Webster of First Factors Corp is elected to the First Union National Bank board in High Point. Lee W. Sherrill Jr. is named vice president of House of Color in Richmond, trading as Poly Color, with prior roles at 3M. Charles C. Caison earns data processing certificate. J. C. Penney reports first quarter net income up 8 percent to 27.3 million on 1.453 billion in sales. Thalhimer Brothers posts higher sales and earnings. Greensboro Four Seasons Center store underway, Fayetteville and Richmond stores planned.

Associated Press Carolina Wise Fln National Associate Corp Central Carp Bank Vermont Sva Oakwood Charter Bankshares Co Champion Parts Charter Co Rialava Peoples Bank of Rocky Aerotran Bis Bakedead Phillips Foicue American Furniture Corp of Coca-Cola Citizens Gastonia Bua Piedmont Aviation Atlanta Gas Light Iva Colonial Life Piedmont Real Estate Iva Bancshares N.C. Atlantic Pepsi Cota Ava Rocky Mt Bank of Granite Bank Greensboro Ims Public Soc Ncry Bankers Trust of SC Ee Canner Homes Taay Quality Mills Context Raic Carp Hickory Furniture A Cara, P&l Hoover We Synercan Corp Carolina Steel A Life & Fra Ae Televent Leasing B. Ivey B.B. Walker Shoe Oy Washington Group Ncnb Corp. Pal NC Natural Gas White Shield Ca Northwest Fin Corp Wix Corp Bia NoWestn Fing Co Ava Wright Machinery William M. Webster First Factors” Corporation First Union National Bank High Point D. R. Meadows First Union House of Color, Inc Richmond Lee W. Sherrill Jr Joseph L. Pemberton Poly Color Graphic Arts Thalhimer Brothers, Inc

Also Mentioned on This Page

Vegas Ussr Moscow Peking Sues Wilbur M. Currie, Cla First Citizens Bank First-Citizens Bank First-Citizens Robert McCliston Granville Mayflower Granville Moving and S. Hamilton St Fred P. Newby Steve Foster MGR Craig Newby George P. Clark, C.L.A Ert Ue Income & Capital Associates, Inc. “Capital Creation, Accumulation & Manatemen Lee Oe I & Her Deat Tiyueaae Ray Hubbard Board Post Webster University of North Carolina At Chapel Hill Phillips-Davis, Inc McNeill Industries Highhoals First Presbyterian Church Emerywood Country Club Phyllis Sherrill 3M Company Piedmont North Carolina Virginia Neal Armfield Charles C. Caison Greg St Archdale Certified Council The Institute of Computer Professionals Caison United States Canada Penney Profits J. C. Penney Company, Inc Educator & Executive Company of Columbus Ohio Four Seasons Greensboro Fayetteville William Charles Carson Bahnson Company /Envirotech of Winston-Salem
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