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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 02, 1970

Page

2

Stock Market Report Narrows Gains Amid Active Trading

New York stocks edged higher at noon with the Dow up 1.12 to 793.16 as volume rose, led by gains in motors, aircraft, metals, chemicals and building materials. Major issues displayed mixed moves with Republic up 1 2 percent and U S Steel flat, while the 60 stock average rose 5 to 276.9 on the day.

NEW York New York Stock Exchange Republic U.S. “Steel Armco Bethlehem Associated Press American Stock Exchange Aerojet Sa Indust Sss Ark Gas Alamera Oli Atlascorp Barnes Eng BrascanLt Campbi Chile Cinerama Eas Dillard Dixilyn Corp Equity Co Hycon Frontier Giant Goldfield Husky Oil Kaiser In Lee Ent Seve McCrory Newldria Mn NewPark Mn Statham Syntex Technico Wn Nuclear

New York Stock Exchange closes with mixed afternoon prices

Broad list of tickers shows gains for some issues and losses for others. Major names like Raytheon and IBM appear with varied percentages while several utility and consumer stocks display modest moves amid a volatile session on Wall Street.

Stock Prices Edge Higher On Mixed American Exchange Trading

The American Exchange noon prices show mixed results with many equities posting fractional gains and losses. Notable movers include Cinerama, Atlas Corp, and Frontier Air, while oil firms like Imp Oil and Husky Oil display modest shifts amid broad session volatility.

Over-The-Counter Stock Averages

NASD quotations show representative inter-dealer prices around 11 a.m. with bid and ask levels for numerous securities. Markets shift through the day and figures exclude retail markups or commissions.

Stock Averages Report From AP Data Briefing

AP stock-averages show mixed movement with daily, weekly, and monthly figures. The table lists highs and lows for 1969 and 1970 markets, including indices and changes, compiled by AP.

Dow Jones Averages Reported Echoes of Market Day

Fragmentary input notes show Dow Jones averages with references to industrials utilities and rail sections. No clear events, dates, or named entities beyond generic market terms.

New York Stock Index Reported Mixed As Markets Open

Early trading shows a cautious tone with the New York stock index and related averages fluctuating. Analysts note modest gains in some sectors while others slip as investors assess earnings guidance and macro signals.

Weather outlook for the Southeast states

North Carolina sees showers and thunderstorms ending this afternoon with clearing and cooler air and a chance of snow flurries. Lows tonight 25 to 32 mountains and about 40s on the coast. Friday cooler with partial clearing in mountains and fair elsewhere. South Carolina partly cloudy windy and much cooler tonight with fair to partly cloudy Friday. Georgia and Virginia follow with cooler tonight and Friday conditions.

North Carolina South Carolina Virginia

Indian Head Reports Lower Q1 Earnings Despite Stable Sales

Indian Head earned 2.2 million in the quarter ending February 28, down from 2.5 million a year earlier. Revenue was 98.1 million, slightly below last year’s 98.7 million, with diluted earnings per share at 44 cents versus 51 cents.

Indian Head

Two Gilstrap VW salesmen join Volkswagen Guild

Dale Loggins of Route 6 Thomasville and Ted Harris of Route 1 Jamestown have been admitted to the Volkswagen Sales Guild. They will be honored at an awards banquet in Washington D C on April 5. Loggins has worked at Don Gilstrap since 1967 and Harris since 1968. Loggins is a repeat recipient.

Don Gilstrap Volkswagen Sales Guild Dale Loggins Ted Harris Washington, D. C Loggins Rt. 6 Thomasville Don Gilstrip

Cambodia Denies Right Of Pursuit In Territorial War

Phnom Penh declares American forces in South Vietnam have no right of pursuit into Cambodian territory. The government protests violations by foreign armies and reports say Viet Cong attacked a Svay Rieng defense post. 2 defenders killed, 1 Cambodian wounded, 19 national defense troops and 1 provincial guard missing. Prince Sihanouk is reported in Hanoi seeking return to power.

Phnom Penh Cambodia South Vietnam U.S Vietnam Saigon Svay Rieng National Defence Force Norodom Sihanouk Hanoi Doug Rasy National Assembly Sihanouk Peking Lon Nol Sirik Matak Paris Sishanouk Khmer Serai

March On Washington Protest Sparks Religious Labor Backlash

A conservative coalition plans a Washington march backed by Dr. McIntire and sponsors denouncing Communism. The event includes a Friday sidewalk prayer meeting at the National Cathedral, with leaders like Rev. Peterson coordinating and political figures confirming attendance limits.

McIntire Washington Wallace National Cathedral Episcopal Cathedral Clifford Peterson Phoenix Ariz Staraligious Eevoyagen Tlan Beacon

Snowstorm Snarls Air Traffic Across Midwest and Chicago

A major spring snowstorm worsened a PATCO strike in the Midwest and Chicago. FAA reports 378 controllers planned to return, but absenteeism remained high while unions demand third party talks. Chicago O’Hare, Newark Kennedy and LaGuardia saw multi hour delays and flight cancellations.

Washington Midwest PATCO F. Lee Bailey Bailey Federal Aviation Administration Chicago O'Hare United American TWA Airlines Braniff New York Newark Kennedy International la Guaria

Archdale Friends Plan Spaghetti Supper for Saturday

Archdale William Penn Class will host a spaghetti supper in the fellowship hall Saturday from 5 to 8 pm. A bazaar table will be offered and takeout orders will be available.

Archdale William Penn Archdale Friends Meeting

North Carolina Union Growth Outpaces Nonfarm Jobs

North Carolina saw a 19.2 percent rise in union members from 1966 to 1968, reaching 124 000 in 1 647 200 nonfarm workers, while the regional southeastern total jumped 15.8 percent to 1 458 000. Despite a national work stoppage, truck drivers in most of the state remained on the job while picket lines appeared in Charlotte.

Greensboro Associated Press North Carolina U.S. Department of Labor Teamsters Bow Charlotte Akers Motod Tor Lines Hennis Freight Lines Johnson Motor Lines System Jage Ryder Truck Lines Bell Lines Land Carolina Kentucky Southeastern Alabama Florida Georgia Mississippi South Carolina Tennessee

Six Greece journalists and minister jailed for martial law breach

Athens AP report says five journalists and former Cabinet minister John Zigdis received jail terms and fines for advocating a national unity government and publishing false reports during martial law after a Cyprus Cyprus crisis. Zigdis got 40 years, editor John Kapsis five years.

Athens Greece John Zigdis Center Union Party Ethnos Makarios Cyprus Poly Zigdis John Kapsis

Also Mentioned on This Page

Business and Financial News Stock Market Report Oxford First Corp Phillips Petroleum Texaco American Motors Benguet Telex Faberge Standard Oil of California University Computer Hart, Schaffner & Marx Meter Tyco Laboratories Campbell Chibougamau Career Academy Nortek NEW York — Exchange Ralston P Banco Inc Raytheon RCA Feeding ReichCh I RepubSt BN Reviow Hess Airlin Giopalmarin Goodrich Goodyear GraceCo Granitec A&p Fintoo Greyhound GrummaCp Suit Oll VeiRyderSys Safeway S! Jos Stlsanf Stregisp Sanders SaFeind SanFeint Scheniey Schering Iscaa Cn Ah Gumnstaur GuifWin Halliburt Harris Int HeclaMng Herc Inc HoernWal Hoff Electra Holidyinn HollySug Honeywin Howmet Ideal Basic Cent Imp Cp INA Cp IngerRand InterikSt IBM Nick T&t Iowa Sear Searsr Shell Ol Shell Tr SherwaWm SignalCo SingerCo Smith KF Soucale South Co Soungas Se’ SouPac Southrn Ry Spartans Kollman Soot Staution Sperry R SaUa Systren Dene Tampa Tektronix Ronoece Ne Oom S Texe TexGsui Texas Textron Thiokol TimesMir US Indust Verde Co Voeipw Arena CocaCol Colg Pal Ween Mobil Colomnist Mohasco CBS Onsan Comsat Cox Nat Indust Tha Ve Cpc Intl Nat Steel CrowCol Natomas Denrgr Wees Northr DiaSham Norton DillonCo Tenee NortSim DorneMin OhioEdis DowChm Okla GE Sehen Dressind Okla Ngs Duke Pw Olin Corp duPont Omark Ind If Dug Lt Otis Elev Dyna Am Echlin MF Eg&g Ve Pac Pet ElPaso NG Eltra Cp Pact&t Emer Ve Panasul Va Penney JC Fairchc PennzUn Fair Hill Pepsico A Fansteel Inc Perfect Film Pfizerc Phelps D Fittrol Phila el Phill Pet Philip Morr FordMot GAC Cp GAF Corp Gam Sko Genesco Val ReynTob Gillette Rea Renn Cp Glen Alden Sieinl Rey C Cola CS St Wo Banc Ve — Veenaunion Ve Westge MG Whirl Cp WinnDix Woolwth Veena Xerox Cp Wilbicn Zale Corp Zenithr Associated Feet American Exchange Ind. Uril Fon, L Ted Te Nee Oes NEW York Stock Index LaGhas Sdis Sbighans Harris Rt. 1 Jamestown FAA Kansas City N.C Brunswick A. Bag‘don Atlanta Department of Labor Bureau of Labor Statistics Bill Ward Hennis W. C. Barbee Teamsters Local 71 Raleigh Winston-Salem Team- Sters Bruce Blevins Teamsters Carpos Georgadjis Art Mediterranean Pas Daly WHPE Dickens Powell Kistler & Crawford N. Main St
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