High Point Enterprise Newspaper Archives Oct 26 1974, Page 5

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High Point Enterprise (Newspaper) - October 26, 1974, High Point, North Carolina Import volume Falls Trade deficit is Down by g. David Wallack associated press writer Washington the United states is trimming Back its purchases of expensive imported Oil but inflated prices Are still taking a big bite out of the nation s balance of payments the i s Trade deficit of 1233 million reported Friday by the Commerce department for the month of september was the fifth deficit in a Row. Hut smaller . Purchases of overseas i. Food and automobiles helped the nation climb partially out of the record la t billion Hole it fell into in August. The volume of imported Oil during september was off by 9 5 per cent from the same month a year ago. It was the second month in a Row that imports have run behind a year earlier. So far in 1974, the United states has purchased 55 2 million fewer barrels or 3 3 per cent less than during the same to nod in 1973. The decline gave the administration a head Start units of reducing . Dependence on foreign Oil. President Ford has proposed voluntary conservation to trim by i million barrels the la or 17 million barrels a Day the nation now consumes. The latest Trade report showed Why the administration says it might go to mandatory conservation measures if the drop does t materialize despite the decrease in Oil imports the Cost of that Oil for Only nine months this year is already 130 per cent ahead of All of last year. On the basis of the figures the government keeps for its Balanc e of payments ledgers the Trade deficit for july through september posted a quarterly record of $2,6 billion. It surpassed the previous record of $1 8 billion established in the first Quarter of 1972 the deficit for All of 1972 led to a Dollar devaluation which jacked up the Price of imported goods and gave foreign currencies added Power to bid up the prices of american food and other items. This year s cumulative deficit of $5 7 billion on the balance of payments accounts is still behind the $7 billion rung up in the first nine months of 1972. Commerce Secretary Frederick b Dent called the latest figures heartening. Hut despite the to per cent drop in imports exports also tailed off by i per cent. Exports of . Farm products which had been the mainstay of the nation s Trade balance in the face of higher Oil prices declined by 5 per cent to their lowest monthly level since july 1973. Exports of manufactured goods other than machinery also dropped off. The declines More than offset an Advance in exports of transportation equipment Portugal chief says army will Honor vote regardless of outcome Lisbon. Portugal a Premier Vasco Goncalves. Himself a military Man. Has vowed the army will Honor the outcome of Portugal first elections in half a Century no matter what form of government the people choose. Goncalves said in an in overview Friday that he Hopes the elections next March will result in a Progress St government. Meaning an administration with Strong left Wing reformist tendencies in the interview six months to the Day after the military toppled Portugal a dictatorship. The Man credited with being the brains behind the revolt said by is confident that democracy will take Root in Portugal he conceded Portugal has Quot grave including a sagging Economy but he said the new government welcomes foreign investments and technological Aid As Long As foreign firms obey certain Cloudy warm Nice is a Good one word description of climatic conditions expected in the Northern Piedmont area through sunday night. Partly Cloudy skies and warm or the season temperatures Are expected and the likelihood of rain was placed at Zero through sunday night. High Friday was 77 and Low last night was 54. Today s High was expected forecast North Carolin at partly Cloudy through Sun Day with mild Days and Cool nights. Highs today and sunday mostly 70s. Lows tonight 40s West and 50s East. South Carolina sunny and warm today and sunday. Highs around 80. Fair and mild tonight. Lows upper 4lb Northwest to mid 50s South coast. To be in the upper 70s. As is sundays and tonight s Low is to be in the mid to upper 40s three Day forecast North Carolina widely scattered showers along the coast monday otherwise generally fair. Highs in the 60s and Low 70s monday through wednesday. Liws in the 40s. Except some 50s on tile coast. Tem per Ati Hes i hit associated pre 21 hour ending 8 . I Kin station it i. He Asheville fir 75 41 Augusta p e. Til 40 liar lesion fir 78 52 t Lur tulle fir 76 4b Columbia or 83 44 Greensboro p e. 77 53 Greenville so Clr 78 48 Raleigh p c. 75 54 Savannah or 79 52 Wilmington or 79 58 conditions a they must accept Normal profits and not come to Portugal with the sole intention of taking advantage of Low salaries. And foreign businesses must not Compromise our National he said. Goncalves said his government was willing to work with portuguese private Enterprise and is drawing up a plan to place certain sectors of the Economy under state control while leaving the rest to private business. Services Are held for victims Aragon a a i feel like they re splashing in god s Sunshine today a a minister said of the seven boys and girls buried Friday in two Northwest Georgia communities. The children were killed when their school bus was struck by a train at a crossing near Here wednesday. One by one they were buried in the neighbouring communities of Aragon and Rockmart Over a period of several hours a warm autumn Sun shone Down As mourners went from one funeral to another. Scores of children some of them with cuts and abrasions suffered in the Accident attended the services. God reached Down and plucked the Flowers from every family said the Rev. Orin Holland at services tor Ronnie Lynn Morgan 6. A when Jesus Speaks Shell come Forth a said the pastor pointing to the Small White coff in. Lynn s Young Mother and other mourners sobbed uncontrollably. The coffin was taken i rom the red Brick Church on a dirt Road to a nearby cemetery on a peaceful Hill overlooking the Aragon elementary school which Lynn attended and within sight of the Railroad crossing where the mishap occurred. A group it teen aged pallbearers carried the caskets it the sumps Brothers. Mike and Timothy into the second Baptist Church in Rockmart. I he pastor asked the mourners to turn to god and a questions him not for what has happened the first to be buried was Christine Holder. To. A a Chossie is going to be resurrected to Lite Here on Earth in Paradise conditions a said brother Robert Gipe of the Church she had attended announcing Lake Park Baptist Church Hillsville . Has changed the name of their Church to his vice Baptist Church. We Are still at the some place the same people believing All of god s word and proclaiming the 6ospel to Gilt of you Are seeking and searching for a Quot Church Home we invite you to visit us areas mentioned As being earmarked for slate operation were Public Low rent housing Energy and transportation Goncalves. A lean 53-year-old officer schooled in engineering is reputed to be the principal theoretician of the armed forces movement of Young officers that runs the country and the principal author of its political program he said the movement s objectives were a to raise the Standard of living and the Quality of Lite of the portuguese people to improve the educational level and to guarantee civil liberties Portugal is the poorest country in Western Europe illiteracy is said to by 27 per cent nationwide. Its main Export has been workers going abroad to earn a living wage Nixon surgery possible by Ron Roach associated press writer Long Beach. Calif. Aim a former president Richard m. Nixon is making satisfactory Progress hut surgery remains a possible treatment for the phlebitis in his swollen left leg. His doctors say. His physicians said Friday that treatment for Nixon phlebitis has caused some minor bleeding in his Gums hut they added they won t change his medication because he has been making satisfactory Progress. In a statement read Friday by a spokesman for memorial Hospital medical Center of Laing Beach Nixon a doctor. John c. Lungren said a at this time or. Eldon Hickman my surgical consultant and i Are satisfied with the Progress former ites ident Nixon is now exhibiting. Accordingly we will continue the present course of treatment for the abnormality in the left leg with the potential for surgery still a possibility Quot Lungren said Nixon was comfortable Quot with a minimum of pain a in Washington David Eisenhower said he and hts wife Julie Nixon Eisenhower will not Fly to California this weekend because a a we re not needed Nixon unexpectedly re entered the Hospital w wednesday night after tests showed an Oral anticoagulant he was taking at his san Clemente estate was ailing to prevent More blood clots from forming in hts left leg. High Point Enterprise. Saturday. October 2$, 1974 a Greensboro coliseum 1921 West Iee St. Tuesday oct. 29 doors open by 6 00 p a 16,000 free seats regulations for registering chartered buses explained by Colling 919 855-1559 monday Friday 9 to 5 . See her on television. A Gap cd. 8 9 30 a in. Sunday Fey la Haiti i k vow i pm begins efficiency drive As sales drop by Jonathan Wolman associated press writer Detroit api a general motors is launching a cos cutting program in the Wake of sagging car sales which dropped the firms profit margin to practically Zero pm said the cutbacks ill include a trimming of capital expenditures As Well As already announced production and employment cuts at four plants. The company said Friday that its profits during the third Quarter of 1974 Wert $16 million Down 94 per cent from record earnings of $267 million during the same period last year. And Domestic Auto sales during mid october were off Mort than 28 per cent. Ford and Chrysler also announced More layoffs Friday As they escalated cos cutting programs to Deal with the current depresses in Auto sales hut even with the Cost cutting pm executives say an improvement in the troubled Auto Industry depends upon economic the nation s rebound pm chairman Richard a go Risenberg and president e m. Estes cited a recovered costs totalling $200 on 1975 Model cars As having a significant Impact on the profits decline ants signal to each other with doors. Williams Flowers 0ua1itv How if. Momu Ioil a Tiki 9011 mom Cail it aia if your Are looking for an old fashioned Church with an or to Date program Why not visit Garrell Street Baptist Church Archdale . Where everybody 1$ somebody worship go a do end mpoy gtd by la holy sp.#., Glt eng in of 0tv to a pm front end comp end a pulpit a Hull Mocol pig rom and a it to Nuvy p the Poller to Geoid h. Wohne. Urn of a orb Tell of a in and j 30 p in. Fellowship where people love Rind appreciate one of Earl to it Jerk a tor the Camion Al the to t and the in ten Lionel Jodi Madam. Special emphasis or Ocre cd Wake. Sunday school do Mot and a tin a debated teacher and eth Church Leader Are working Hoed Loer and enrol everybody they ton to torn them in study each sunday at 9 As a in. Com Quot Yod snit like a bus ministry g 30 a mgt a sunday school 945 a in. A worship 11 r00 o in a Church training 6 30 p my worship amp baptism 7 30 p in a prayer meeting wed 7 30 p in. A visitation thursday 7 8 00 p in a whosoever will. Come1 or. David Blaker gospel lads it lad family singers you Are invited to attend an afternoon of special singing for Christ first Church of Christ 301 e. Lexington ave. Sunday 2 30 . Oct. 27th sunday school. 10 00 . Morning worship. 11 00 . Evening worship. 6 30 . Youth meetings.6 30 . Christens .7 30 . For More information Call 882-8247 or 888-7395 worship with us Hoyt i. Johnson minister sunday school for All Ages. 9 45 . Worship service11 00 . Training Union. 6 30 . Evening worship service. .7 30 . Wednesday prayer service. 7 30 . Hillsville is a wonderful growing Community and we especially invite the residents to worship and serve god with us but whosoever will May come amp ii enc Rasip in by is Rev. Elwood Faircloth pastor phones Church 431-6027�?parsonage 431-9389 Nursery provided for All services a 10-bm youth rally tomorrow sunday october 27th Green Street Baptist Church East Green drive at Centennial Avenue 10 55 morning w worship. 7 0 1 evening worship or. Barry St. Clair youth evangelist Atlanta Georgia or. Steve Bennett student unc Chi 75 voice youth choir a dynamic testimonies cordial invitation is extended to All the to in people of the greater High Point area

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