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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 06, 1970
Page
6
Sunday edition details local news briefs, sports scores, weather, and community notices for High Point and surrounding areas. Known items include school activities, municipal updates, and upcoming events with prominent local names.
New figures show 1970 plant and equipment outlays at 80.52 billion dollars, up 6.6 percent from last year but below earlier forecasts. Economists see a slow recovery with investment gains modest through the year, while housing and local government projects may lift spending later.
New York traders say administration optimism cannot fix corporate borrowing pressures. Since 1964 firms borrowed 200 billion but raised only 7 billion in stock, calling for new stock issues though tough. Inflation and base-period shifts distort dollar value, while debt financing costs rise and autos eye mini cars with delayed profit gains.
The Re gal Mart, a semimonthly publication by Claude V Dunnagan and Harry D Dunnagan, targets the top private and institutional investors with a 32 000 name mailing list. It promotes a French chateau near Lot Valley and a six passenger ocean cruising yacht priced at 585 000 dollars. The Dunnagans claim six months of research and a focus on moneyed readers to reach elite buyers.
In Madisonville Texas a nationwide clash unfolds as housewives confront the beef market chain. Ranchers report rising costs and eroding profits while retailers and feedlot operators brace for shifts in pricing and supply amid a transforming grocery landscape.
In Memphis Tennessee National Distributors Inc lists 1047 Florida Street as their business address claiming over 10 years in operation. The notice references contact for inquiries and notes issues with returns of rocks and other items to customers.
HMS Ajax crews during a six day stay in Hull offered local women a dial-a-sailor dating service. Girls could register by calling a local number and were matched with 260 crew members for blind dates aboard.
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