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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

May 12, 1925

Page

4

Americans Increase Foreign Investment Worldwide

Washington May 12 1925 The commerce department reports 1924 foreign trade and finance boosted American investments abroad by about 1 billion dollars to over 9 billion. Hoover says the United States became the world’s greatest investor as invisible items rose to roughly 22 percent of exports and the balance of payments shows a strong position in international finance. The report covers exports imports coin flows gold and travel expenditures, plus remittances abroad and immigrant transfers totaling 1.178 billion and a net credit balance against the United States of 388 million.

Washington Commerce Department United States Hoover Old Country Customs Service United Stattes Europe

Capital Investment In Intangible Balance Sheets

If intangible items like business balance sheets could be estimated, capital investment decisions might reflect broader value. The idea suggests valuing non tangible assets such as goodwill, brands, and intellectual capital to guide financing, mergers, and growth strategies.

Great Business Smashed by the Rum Row Attack

New York reports a booming whiskey trade worth near 40 million dollars a year battered by the navy blockade. Rum fleets attempt to slip goods to the United States from foreign ports at bargain rates amid Pacific Coast activity off San Diego. Coast guard and cutter officers note brazen ships and fast boats evading dry navy patrols as Glace Bay ships continue liquor sales to fed up drinkers.

New York Wit Atlantic Seaboard United States Pacific San Diego Cal Coast Guard Taaroa Glace Bay Nova Scoti

Also Mentioned on This Page

Henry Harriss Fannie Harris Lewis Harris Ida Harris J. D. Brame Court House Greensboro N. C High Point Township City of High Point Harry Fine J. W. ‘Tomlinson J. W. Tomlinson Thurston Street Thurst H. C. Pitts ATTAC City Fuel Co Blake Mgr Grove’s Piedmont Insurance & Realty Co W. Wash. St Fifth Assembly League of Nations Postoffice C. O.E Repiion ‘Lodge C. P. DIX N.G Petty Coal Co. Coal, Coke & Wood Tire Service Co Tor North Carolina Public Service Company, Inc State North Carolina North Carolina Public Service Company, Incorporated Greensboro, N. C Cumulative Preferred North Carolina Public Service Company South Main Street High Point Perpetual Building and Loan Association The Commercial National Bank A. J BH. Ellis Thurman Williams G. A. Foilock Asst Cashier Randleman
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