Northwest Arkansas Times from Fayetteville, Arkansas on October 24, 1974 · Page 10
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 10

Fayetteville, Arkansas
Issue Date:
Thursday, October 24, 1974
Page 10
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Page 10 article text (OCR)

Northwest Arkansas TIMES, Tfiurs., Oct. 24, 1974 FAYFTTEVILLE, A R K A N S A S Weather Forecast Showers are likely Thursday for the middle Mississippi Valley through the central and southern Plains. There will be showers in the Central Rock- ies, from Minnesota to Ohio and in southern Florida a n d Texas. It will be colder in ihe West and Midwest and warm* er in the East and Southeast. (AP Wirephoto) Scattered Rains Dot Midwest Heavy thiindershowers over West Texas and part of New Mexico diminished today, easing threats of flash flooding in several areas. Persistent rains shifted into portions of Oklahoma. Kansas, Utah and Idaho, wliile scattered showers drifted into Mis souri, southern Illinois, south- em Indiana and Kentucky. Small, isolated areas of showers also dampened ?ou;heasl Ohio, northern West Virginia and southern Florida. Skies were generally clear over the central and easterr Gulf Const states. Fair weather extended from the northern Plains to the Northeast. Patches of dense fog set in over the northern portion of the Ohio Valley. Temperatures before aawi ranged from 23 at Houlton Maine, to 76 at Miami. Fla. Europeans Plan To Invest More In U. S. Securities By JOHN CUNNIFP Business Analyst NEW YORK (AP) - A survey of European financial institutions thai are active Investors in U.S. corporate securities suggests they are strongly in favor of adding to their holdings. The study, by Technimetrics Inc., a financial research organization that supplies data to blu,e-chip U.S. corporations and institutions, may be somewhat dated, having been completed last April. Up to that time, however, it was found that 83.3 per cent of all European financial institutions with holdings of $100 million to $500 million of U.S. securities planned to make additional investments by 1977. iMost bullish of all were German, British and Belgian institutions, with Swiss, French and Dutch investors following close behind. The company maintains that ts information was gathered rom direct inquiries to Eu ropean money managers rather than from previously publishet material, or from government statistics, Most attractive of all in dustrics. the survey found, was oil. Others mentioned prom- nenlly were banking, of- 'ice equipment, oil service, and medicines. Conspicuous in their absence Term the list of preferred in dustries were utilities, retai outlets and household products. Holdings of U.S. securities bj European financial institution: amount to about $35 billion, ac cording to Technimetrics, will close to $18 billion of that le ng in Switzerland, and $6.8 bil lion in England. Other significant holdin^ were found in France, $3 bil lion, Scotland, $2.4 billion, Ger many and Netherlands, $2 oil lion. On a city by city basis, tl Wright Dies LOS ANGELES (AP) -- Loyd Wright, 81, a forrner president of the American Bar Association, died Teusday. He began his law practice in California in 1915 and was ABA presidenl from 1054 to 1955. TRI-LAKES ANTENNA Sales and Service New Used AntennM Color · Black While Booteri · Towers Free Estimates 751-7927 7S1-MM 7S1-MS7 frcntesl concentration of TJ.S. ecurities was found in Zuric.i. i S8.3 billion, London, $6.6 lion and Geneva, with $6.2 The surveys editors comlenled: "One .might compare hese numbers with some U.S. ities such as Minneapolis, vhose financial institutions hold .9.1 billion in U.S. securities, md Atlanta, with $6.3 billion." Decision Expected LITTLE ROCK (AP) -.Judge Gene Bain of Jeffersoi County Circuit Court is e pccted to make a decision i the case of Grady May. who i appealing his dismissal from the Pine Bluff Police Depart menl, after Nov. 20. Rebuttal testimony was com pleted Wednesday in the case and attorneys were asked t submit briefs oy Nov. 12. Repl briefs are due Nov. 20. ENJOY OUR DELICIOUS BUFFET Both Noon and Evening Bring Ihe familyl Child's Plate Only $1.35. We have three private dining rooms that will accommodate up to 350 people. buffet Noon and Evening «EG. U.S. PAT. Off. Call AMIE STONE For Reservations 4434323 Former Beahe Sess No Reunion LOS ANGELES (AP) - Forer Bealle George Harrison ys the British rock group will 2ver get back together. "The ily way it will Ivappen is if e're all broke," he says. Harrison, announcing his first .S.-Canadian concert tour in ghl years, said Wednesday mt the Beatles belong in the ast. "Haying played with other iiisicians, I don't even think ic Beatles were that good," aid the mustachioed Harrison, 1. The four musicians -- Harrion, John Lennon, Ringo Starr nd Paul McCartney -- official' disbanded the Beatles \\ 970. Violinist Dies AMSTERDAM, Netherlands AP) -- David Oistrakh, the orld renowned Soviet violinist ied early today in his room a n Amsterdam hotel, a spokes man for the Amsterdam Phil armonic Orchestra announced Oistrakh was 66 and had i istory of heart trouble in re ent years. The spokesman sai lie cause of death had not bee determined yet, but it was as umed he died of a heart at ack. Oistrakh in recent years hai videned his musical activity t nclude conducting and arrive: n Amsterdam on Oct.. 7 for irahms sertes with the Phil larmonic. Retirement System Needs Made Known LITTLE NOCK (AP) - The .egislative Council received rejections Wednesday on what lie legislature would need to do o make Hie three major slate ·etircmenl systems actuarially ound and their benefits \\ni- orm. The council was told it would ake a substantial increase in ax funds to make the state Teachers Retirement System md state Highway Employe; sound and Hint the legislature must decide how much, if any of Hie increase the employes vould have to bear. Richard 0. Roedor of Detroit he actuarial consultant to the retirement systems, indicated that he thought the employes should not hear any of the additional costs, but he did n o t press the point strongly. He said the trend was to reduce employe contribution rates. State Rep. John M. Lip ton ol Warren, however, indicatec that he doubted the legislature would agree. The council decided to contln- .ie its study into the mutter and appeared no closer to milking a recommendation to the 1975 legislature at the end of its session. TTie TIMES l« On Top of Th« N«w* Seven Days a W*«kl EXPERT WATCH REPAIR __ / W W W W V V SWIFTS RNartk nlnxV «t W\*.^f^ ^ walnui arewpri cash! MAMMON'S HULLERS ARE PAYING $ 5.°° IO E O R LBS. Alter hulling on Mammons Huller. No charge for hulling. There's a crop under your trees jSst for the picking. CASH IN ... take your walnuts to your nearest Mammons iMjner. PHILLIPS GROCERY, Jet. Hwy. 265-45 East MITCH^|mSC^NT GAS, 3 mi. West on Hwy. 68 KALPH'S°CITGO'SERVICE, Winslow, Ark. "uCKLE'S TEXACO STATION, Lincoln, Art. JCPenney jiclentjlge ^^^*iCr INTRODUCES A NEW DRINK SENSATION Orange Age is a great new drink that's delicious to taste and easy to make. Just one part of smooth Ancient Age Kentucky Bourbon and orange juice to taste over ice and presto. ..anew drink sensation . . . Orange Age. r-^i h^HfiKt KWTOCKY BOWBO? AN86PROOFBOURBON Sale 9.89 Sweet Sounds Tendertove. GREAT TOYS GREAT PRICES Penneys has big buys on some of this year's big name toys. Sale 8.50 Magic Shot Gallery by Marx · Sale 9.79 Matters Gamp Putt Putt. Sale 9.89 Sew Magic, Shop Mon., Thurs., Fri., 9-9 Tuas., Wed., Sot. 9-5:30

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