Fear Drives Shifting Gold Rush in NYC Coin Shops
John Flynn, a New York coin dealer, reports a wide cross section buying gold coins amid fear of inflation and bank losses. Crowds flock as investors view gold as insurance, with London gold at 169.50 per ounce and U.S. $20 double eagle coins priced at 365 dollars, up from 185 a year ago.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
John Flynn
Flynn
London
Perera
Fifth Avenue
International
Deak-Perera Group
Institute of Certified Public Accountants
Grover H. Cole
Cole
Trade Winds No Big Cuts In Sight For Business Spending
Trade Winds discusses a 12 percent projected rise in capital spending for plant and equipment and its uncertain link to actual spending amid a recession. CEOs expect no boom in 1974 but align for future demand, with retooling toward smaller models. Some majors cutbacks cited as earnings drop. Retail sales rise due to higher prices, unemployment up. IMF price talk looms but unlikely. Cost of living council foresees continued price hikes. Auto sales slump with optimism for the last quarter and new economy cars, including smaller Cadillacs.
MENTIONED IN THIS ARTICLE
Lou Schneider
North American
Alliance
New York
Cadillac
State buys 7540 acres of Great Dismal Swamp for park
North Carolina acquired 7,540 acres of the Great Dismal Swamp along the northeastern border from Nature Conservancy for 1.5 million dollars. The land becomes a state park with most of it kept in its natural state. James E. Harrington called the payment the largest for state park property in the state's history.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Nature Conservancy
James E. Harrington
Natural and Economic Resources
Mixed Showing In Stock Market Last Week
The Dow Jones average closed at 851.92 Friday, down 4.07 from the prior week while the Associated Press average rose to 286.9. Analysts attributed weekly profit taking that trimmed gains from a two week rally ending Wednesday.
MENTIONED IN THIS ARTICLE
Associated Press
Food World names Jack Scott as personnel director
Food World Inc announces Jack Scott as personnel director joining with a strong background in personnel management and supermarket operations. He holds a B S from Appalachian State University and a master’s in personnel from UNC. He previously worked with Winn Dixie and Delchamps and will focus on strengthening training programs. He is 36, married with three children at Woodlake Apartments in High Point.
MENTIONED IN THIS ARTICLE
Food World, Inc
Jack Scott
Scott
Food World
Appalachian State University
University of North Carolina
Winn-Dixie
Delchamps, Inc
Mobile
Ala
Also Mentioned on This Page
World Money-Metal Trading Center
International Monetary Fund
Cost of Living Council
High Rank
Wmmaareace
Fred G. Culler
Norte Rim & Wertwor
Tal
Bloomingtan
Hilnots
Cannon Mills
Carmine Foods Emic Cor
First Cit Bank& Trust
Allon of
Catalina Cas. Ins
Carolina P&l
State Bank
Forsyth Bk.&Tr
Carolina Steel
Franklin Litens
Mission
Carolina Wise Flo
Guardian Corp
Caro Corp
Harrelson Rubber
Aerotron Central Carp
Heiiy Meyers Ae
Central Vermont
la Hebredon Furniture
American Furniture
Champion Parts
Hicokory
Atlanta Gas Light
Charter Bankshares Com
Hoover Co
Atlantic
Peps! Cola
Charter Bankshares
Debi Bancshares of
N.C
Jacks
Bassett Furniture
C&s Corp. of Sic
Kenan Transport Iw
Beaman Corp
Citizens
Gastonia Az
Lance Inc
Coca-Cola Co. Consol
Bi-Lo
Colonial Life
Black Inds
Coram. Bank Greensharp
Leggett & Plattava
Bank & Trust
ABA
Liberty Bank & Trust
Stenner Inds
Conner Homes Ma
Life Assurance of Care
Context A Little Giant
Burkyarns
Daniel Internat
Little Mint
Wa Burlington Bk&tr
Diamondhead Corp
Burnup & Sims
Durham Life Ins
Lowe's Companies
Burris
NoWestn
Wis
Occidental Life Ins
Oakwood Homes
Svam
Ozite GM
Coples Bank of
Rocky ME
Phillips Fescue
Piedmont Aviation St of Piedmont
Bk Rocky Mit
Quality Mills
Sale Rahall Comm
Reld-Provident Labs Sa Rex Plastics
Ava Roberts Co
Royal Scotsman
Safeguard Auto
Salem Carpet Ba
Sam Soloman
Sea Pines Ae Security Bk
Security Finance Corp
I Shoneys &Lg Boy Sonoco Products
C. National Corp
Southern Nat Corp
Southern Nat
Spartan Food Systems
Super Dollar
Synercon Corp
Oe Telerent Leasing
At Textiles, Inc
Thalhimer Bros
Transco Companies
Westa Transport Data Commun
Tri-South Mort. Wis
Triangle Brick Ra Aa Unifi Inc
Ah. United Corp. Bancshares
Vermont American M Waainfa International
Fnia Natl. Bank
B.B. Walker Shoe
Washington Group
Ae West Knitting White Shield Co
Wik Corp
The
Wright Machinery
Mabettemtents
Jfmam
DOW Jones
Ante Fmams
Ray Hubbarde
Jamestown
Pilot Life Insurance Company
Sedgefield
Bette B. Johnson
John H. King Jr
Robert M.little
Ms. Jonson
High Point College
Pilot
King
High Point
Jamestown United Methodist Church
Little
Guilford College
Administrative Management Society
Life of Carolina
Hickory
Hickory Furniture Co
John Widdicomb Co
Grand Rapids
Mich
Liberty Life Insurance Co
Charles Rollins
R.D. Kiser
Wright & Company, Realtors
Richard C
Rick) Vaughn
Thomasville
Vaughn
Catawba College
William & Mary Apartments
Carolyn
Fairview School
First Methodist United Church
Rudy Cisco
Thomson & McKinnon Kohlmeyer
Thomson & McKinnon
E.F. Hutton
Cisco
Securities and Commodity Exchanges
Securities Investor Protection Corporation
Europe
United States
Rudy
Westchester Mall
Elgin
BankAmericard
American Express
Diners Club
Zorging
Amo
Granville Moving & Storage
Maytower
Mayflower
Granville
Hamilton St
Fred P. Newby
Steve Foster
Craig Newby
George P. Clark, C.L.A
Income & Capital Associates, Inc
Ee Ue
Wet Equity Serveres Corporation
Ey le Ee Weta
Floccarne
College Village
N. C
Eri
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