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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

Nov 14, 1969

Page

8

Mutual funds versus stocks in long term returns debated

Carlton Smith and Richard Putnam Pratt discuss a contrarian view that mutual funds can rival or exceed profits from randomly selected stocks over a decade. The analysis compares four approaches including Dow Jones blue chips, S&P 500 stocks, all mutual funds with one year, and all growth funds with ten years, using $10,000 as the initial stake.

Carlton Smith Richard Putnam Pratt Wall >Street Mutual Multifand Standard & Poor

Murder charge filed against 17 year old in Lumberton

In Lumberton North Carolina Ralph Train charged with murder for death on interstate route 7S near Lumberton on Nov 6. He turned himself in to Richmond Virginia police the next day and was brought back to Lumberton by local and state investigators.

Trace Richmond Lumberton North Carolina State Bueau of Investigation

Play It Safe Men Seek Straight Path Advice

A guidance note urges men unsure of direction to stay on a straight and narrow course. It emphasizes caution and steady choices as a path to stability and success.

Retailers Gauge Christmas Sales Despite Pollster Views

AP dispatch reports a split view on holiday spending with pollsters casting doubt on strong consumer mood while retailers push forward with aggressive promotions. Inflation and recession fears have dampened buying spirit, yet credit availability and longer store hours may activate shoppers and boost pre Christmas sales efforts.

Money policy seen painful yet manageable

Trade Winds reports that U S monetary policy will stay anti inflationary until production weakens and prices settle. Paul McCracken warns 1970 may be uncomfortable. Mayo notes restraint remains. Analysts foresee dreary chemical profits first half 1970. Auto investment to rise modestly. 1971 models face partial facelift. Threats loom of a nationwide railroad strike. Nixon prepares emergency legislation. Airlines plan about 3 2 billion in 1970 71 equipment spending.

Lou. Schneider North American Newspaper Alliance New York Federal Reserve Paul McCracken Nixon Council of Economic Advisérs Mouch P. O P.usar Chemical Week Penn Central Railroad Congress

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