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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Nov 28, 1971

Page

6

Butz Farm Posture Faces Senate Doubt Amid Farm Policy Clash

Washington reports say the Senate Agriculture Committee remains uncertain on Earl L. Butz as farm secretary while the Nixon administration argues farm policy under the cloud of a record corn crop and dock strikes. Palmby Campbell and other aides defend policy, citing weather and export disruptions as factors in low feed prices and inflation relief steps. The USDA expects net farm income near 1970 levels, even as critics question Butz’s ties to large agribusiness and his Eisenhower-era past.

Washington Nixon Agriculture Department Senate Earl L. Butz J. Phil Campbell Clarence D. Palmby White House Acts of God Butz Ezra Taft Benson Eisenhower Senate Agriculture Committee Administration Palmby Minnesota Farm Bureau Campbell Farm Bureau Durham N.C USDA Ezra Taff Benson

Bad Check Warning Issued

Businessmen were urged to carefully cash checks as the Christmas season nears. J Roscoe Adams of Wachovia Bank listed eleven rules to prevent losses from bad checks, including beware of strangers, verify IDs, and limit checks to purchase amounts.

J. Roscoe Adams High Point Wachovia Bank and Trust Co N.A Adams

Inflation cools as Nixon policies impact markets

Trade Winds notes consumer inflation easing due to Phase 1 and 2 controls with a slower rise in prices and gasps at a bumper harvest keeping food costs down. Markets doubt a coming superboom, while labor disputes and international operations influence investment and hiring.

Alliance NEW York Nixon Federal Reserve U. S Washington William Rogers United States Congress

Market Mixed as AP Averages Dip and Dow Rises

The AP stock index average of 60 stocks closed Friday at 293.5, down 2.6 from last week. The Dow Jones industrial average finished at 816.59, up 5.92 from the prior Friday, with Thursday trading closed for Thanksgiving Day.

Dow Jones

Administrative Management Society to Meet at Top of the Mart

The High Point chapter will hold its meeting Wednesday December 1 at 6 p.m. J R Bauman international president of the AMS will speak. Bauman is Armstrong Cork Co general manager of administrative services since 1968 with a background in office methods production planning and salary administration. Bob Little of Pilot Life Insurance Co is program chairman and Floyd Ennis of Marsh Furniture Co. will deliver the five minute talk.

High Point Administrative Management Society J. R. Bauman The Bauman Armstrong Cork Co Armstrong Bob Little Pilot Life Insurance Co Floyd Ennis Marsh Furniture Co

Piedmont CPAs Host Ladies Night Dinner Dance

The Piedmont Chapter of the North Carolina Association of CPAs will hold its annual Ladies Night on Friday December 3 at the Hilton Inn in Greensboro. The event starts at 7 p.m. with dinner and dancing. Music by The Autumn Mist.

Piedmont North Carolina Association of Cpa’s Hilton Inn Greensboro

Loans Fall at Fifth District Banks in Week Ended Nov 17

The Federal Reserve Bank of Richmond reports a weekly drop in gross loans among 28 major Fifth District banks. Loans decreased by 270.705 million, reducing total outstanding to 9.933681 billion. Domestic commercial bank loans fell 294.537 million.

Federal Reserve Bank of Richmond Fifth Federal Reserve District Interbank

Let The Seller Beware

The piece argues Western finance centers on commercial paper rather than actual goods. It notes how possession, not payment, can determine ownership in auto sales and international trade. It cites debtor politics and cites Stimson on war debts while highlighting creditor-vendor dynamics and credit expansion.

United States Henry L. Stimson

Insurance Agent Attends Milwaukee Seminar

J. C. Red Boyles of Boyles Insurance Agency in High Point completed a four day seminar at Time Insurance Company’s Milwaukee home office. The program covered life health disability and group insurance details for independent representatives.

J. C Red” Boyles Boyles Insurance Agency High Point Milwaukee Time Insurance Company

Pan Am Reports October Results and Ten Month Totals

Pan American World Airways and subsidiaries report October net income of 1.548 million or 4 cents a share, reversal from last year's 8.621 million loss. October revenues reach 103.902 million, up 14.9 percent. expenses 99.561 million, up under 1 percent. For ten months, net loss 12.377 million or 32 cents per share versus 9.998 million loss or 29 cents last year. Net loss includes mutual aid payments. capital gains for ten months total 480 thousand after taxes, down from 3.898 million.

Pan American World Airways, Inc

Lost Days: 1582 calendar reform drops 10 days

Pope Gregory XII directed skipping ten days in October 1582 after the Julian calendar error. Oct 4 was followed by Oct 15, adjusting the calendar to realign with the solar year. The reform avoided further drift and influenced future timekeeping.

Gregory XII

Also Mentioned on This Page

By Lou Schneider Nash Jewelry and Loan Co N. Main Street FMAMS Jasondo Jefmams Associated Press Guardian Hoover da Commis- Integoa Corp Sion Joslyn Mfg Kenan Kewaunee Scnife Atlanta G L Knape & Vogt Mfg Barber Greene Lance Black Inds Life of Carola Binnings Little Minton Brush Beryl Lowes Co Cam Brown Uts Macks Stores, Inc Equitable Leas Synercon NW Ins Paso Electric Sugardale Fds First Provident Tri South Mor UN Natl Bank Corp South Mor Wis Foodtown Vt Amer Franklin Life Wellagtn-Hall Garrick Brooks Wright Mach Georgia Inti United Carolina By Ray Hubbarde Nana George P. Clark C.S.A Hayden Place Ed Lyon, Jr C.la North Carolina Gatewood Ave Integen Insurance Robert McCuiston C.I.U South Main Street Integon Highland Motors Inc N. Main St Olds Cadillac Pan Am E. O. Lane Guardian Life Insurance Co. of America E. O Ed” Lane LIFE the Guardian Life Insurance Co. of America Wright
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