Americans Buy Gold: First Legal U.S. Sale in 41 Years
The first legal sale of gold bullion to Americans in 41 years begins Dec 31 as economists forecast up to $5 billion in purchases in early 1975. The piece explains mechanics, pricing, risks, and storage options across retailers, banks, and brokers, with government reserves auctioning 2 million ounces Jan 6 and details on purity, assays, and minimums.
MENTIONED IN THIS ARTICLE
U.S
Rls
Louise Cook
Associated Press
Federal Reserve Board
Office of the Comptroller of the Currency
Federal Deposit Insurance Corp
FDIC
Savings and Loan Associations
United States
General Services Administration
London
N.M. Rothschild & Sons
New York
Chicago
Parkinson Tells Of Assuring Burglars
Washington AP Parkinson admitted he relayed assurances to the Watergate burglars that commitments would be honored though he said he did not know if any payments were made for silence. He recounted meetings with John Dean II and William Bittman and cited Dean's instruction to deny knowledge of commitments while claiming they would be fulfilled. He described a June 1972 talk with Jeb Magruder about the break in and asserts Mitchell doubted the story Magruder gave.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
Engelhard Minerals & Chemical Corp
Handy and Harman
Washington
Watergate
Kenneth Www
Parkinson
White House
John W. Dean II
Dean
E. Howard Hunt
William O. Bittman
Bittman
Hunt
White House and
Nixon Reelection Committee
Robert C. Marcian
Arizona
Jacob Stein
Nixon
Democrats
Jeb Stuart Magruder
Magruder
Ken
Atty
John N. Mitchell
John W. Dean
Mitchell
Oil Costs Till Balance Of Payments
The United States posted a $3.6 billion third quarter deficit in its balance of payments, the second largest for any three months. High foreign oil costs worsened the position, with nine month 1974 deficit at $4.3 billion. Long term private capital outflows rose by $1 billion, and there was a $50 million US foreign investment deficit. A possible Aramco payment and a rise in direct investments abroad to $2 billion were noted, along with a newborn in Wellsville.
MENTIONED IN THIS ARTICLE
Washington
United States
Commerce Department
Arabian American Oil Co
Aramco
U.S
Key Biscayne Road Won't Be Closed
Former President Richard M. Nixon, C. G. Bebe Rebozo, and neighbors failed to convert Bay Lane near the former Key Biscayne presidential compound into private property. The Dade County Commission voted to keep the street open as federal security ends. Rebozo reported a burglary at his Key Biscayne Bank with no arrests yet.
MENTIONED IN THIS ARTICLE
Miami, Fla
Richard M. Nixon
C.G
Bebe
Rebozo
Key Biscayne Presidential Compound
Nixon
Robert Abplanalo
Bay Lane
Dade County Commission
Brinegar to Depart as Transportation Secretary
Secretary of Transportation Claude Brinegar will resign effective February 1 1975. He leaves without naming a successor and notes he will return to the private sector. Brinegar, a former Union Oil executive, is among Ford cabinet members from the Nixon era stepping away.
MENTIONED IN THIS ARTICLE
Washington
Claude
Brinegar
Ford
William Saxbe
India
Richard M. Nixon
Union Oil Co
DuPont Plant in Moberly to Expand and Add Space
DuPont will expand its Moberly plant with 80,000 more square feet for manufacturing and warehousing. Construction starts next year and should finish in about two years. The plant, opened in 1969, now employs about 150 workers and will boost automotive refinishing product production.
MENTIONED IN THIS ARTICLE
Moberly
DuPont
Chance Co. 74 Earnings Surpass ’73
A.B. Chance Company expects 1974 sales to exceed 100 million, up from 91.6 million in 1973, with earnings per share rising from 1.31. For the first nine months of 1974, earnings were 1.33 per share on 89.8 million in sales versus 0.94 on 68.2 million in 1973. The firm switched to LIFO in most U.S. operations in Q3. The Houston steel pole plant turned profitable in 1974 and supports profits. Senate committee approved Majorie Lynch nomination for deputy administrator of the American Revolution Bicentennial Administration.
MENTIONED IN THIS ARTICLE
Kansas City
A.B. Chance Company
Lc, Hansen
Kansas City Financial Analysis Society
U.S
Hansen
Houston
Mr. Hansen
Washington
Senate Judiciary Committee
Majorie Lynch
Being Firstborn Helped Save Girl Sextuplet
SAN JOSE Calif AP firstborn Jolene Rene survives after premature birth of sextuplets three months early. Her sister and brothers died from lung and postnatal complications. Doctors say being born first and early membrane rupture aided lung maturity. Jolene remains on a respirator but stable and receiving donor breast milk.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Charlotte Lange
Jolene Rene
Alvin
Valley Medical Center
Jason
Brian
Lange
James Harrod
Harrod
Hi Way R-3 Christmas Program Set for Thursday Night
The Hi Way R-3 School will present its annual Christmas program Thursday at 7 30 p m Entitled Stara Over Christmas the show features heavenly stars recalling favorite seasons with scenes from Christmas today an old fashioned Christmas medieval England 13th century Italy and the first Christmas All R-3 students perform Music teacher Mrs Dayton Kingsriter directs the presentation
MENTIONED IN THIS ARTICLE
Hi-Way
R-3
England
Italy
Dayton Kingsriter
President Ford lights Christmas tree at White House ball
President Ford illuminated a 42 foot Colorado blue spruce on the ellipse with thousands of lights. He spoke of peace and national well being and hosted a White House Christmas ball for about 900 guests, noting the holiday decorations and a Michigan tree shared the limelight.
MENTIONED IN THIS ARTICLE
Washington
Ford
Colorado
Hunlock Creek
White House
93Rd
Congress
Michigan
Also Mentioned on This Page
Engelhard
Vincent L. Hall
Wellaville
Audrain Medical Center
Hall
Wellsville Firebrick Co
Peery
Monroe Plem
Key Biscayne Road
Dairy Queen
E. Liberty
Mexico, Mo
Chance Co
Pri
Auxvasse
Laddonia
Vandalia
Centralia
Martinsburg
Wellsville
Montgomery City
New Florence
Farber
Paris
Rush Hill
Benton City
High Hill
Middletown
Perry Jonesburgi
Audrain
LaCrosse Lumber Co
Mexico Lumber Co
Liberty
Dog
Petticoat Junction
Jeenji
Charlie Rich G
Epic Records
OLDS
Delta
Pontiac
GMC
FAA
Catalina
Joan
Mustang
Anth
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