Market Up As Oil Stocks Lead Techs In Libyan Price Rally
The stock market showed modest gains with the Dow up 1.61 to 904.65 as oil company shares trading in Libya rose on the Libyan tax price agreement. Occidental Petroleum led gains among Libya players, with Jersey Standard California Standard and Indiana Standard higher, while glamour issues Natomas University Computing Trek and Memorex also moved, though Memorex slipped 8 points after reporting 1970 results over the weekend.
MENTIONED IN THIS ARTICLE
NEW York
Trad
New York Stock Exchange
Libya
Occidental Petroleum
Jersey Standard
California
Indiana
New York Stock Index Summary From Historic Ex-Dividend Terms
A compact listing of stock index terms and dividend references including ex dividend ex distribution and rights designations. The text outlines annual rates, liquidating dividends, and various payout statuses for 1971 metrics with scattered references to ex-dividend dates and cash values. It also notes stock averages compiled by The Associated Press with fragmented figures and prior period comparisons.
MENTIONED IN THIS ARTICLE
Mont Pw
MorNor
Wile RM Connatg
Motorola
New York
American Stock Coal Power
Airin
MtStaott
Av — Aerojet Sa
NatAirin
Atlas Pwey
M— Cowles
Barnes Eng Ni
Nat Steel
Cinerama
Cudahy
Dillard
Newberry
Nenge
Dixityn Corp
Dan River
Newmat
Norofik
Va Norris Ind
Frontier Oijr
Deere Co
Normrk
Delta Air
Northrop
Nwst Airl
Mydronvet
ImperiOil
Dillon Co
Norton
Disney
Nort Simon
Kaiser
Lee
McCrory
DomeMns
Owloedis
Duke Pw
Dynam Ama
Statham Ins
Owen Cng
Syntex
East Air Line
Owen
Technicolor Uv
BasKodak Ja
Eltrac
PacPwLl
PanAm WaAijr
Pann
Penn Cent
Penn Dixie
Penney JC
PaPwit
Fair Hill
Pennzon
Wa — Fansteel Inc
PepsiCo
Pfizer
Filtro
FedDeptStr
Phelps D
Firesine
Phila el
Phil Morr
Phill Pet
Fla
Pitneyb
Reed Fair
ForMcKs
Pubscol
FreeptSul
Psv
Pubdlikind
Pueblo
WEW York
Pugs PL
Ye Exchange Selectec
New York Stock Gac Co
GAF Corp
Pullman
Gannett
Questor
Finan
Food Ranco Inc
Vie
GenMills
Raytheon
Alieglud
Glen Alden
Ve Roanst
Global Marin
RoarCp
Allied Ch
Goodrich
Roy Ccola
AlliedStr
Goodyr
Roy Dutch
Ryder
Gt West Fint
Grn Giant
Sanders Asso
Wann" Greyhound
GrummaCp
Kenley
Gifsiuti
Serrata
Scoa Ind
Ts Wa
Halliburt
Scott Paper
Wee
H Harris
Sears
Hercules
Snell
HoernWal
SingerCo
Scar &O A
wWe
South Co
Armas St
Armst Ck BO jHowmet
Ares
Ares Corp
St Brands
Aeco Car
INACD
Val Ltd Kolisman
Ene Inc
Rando
iCal
Wren PE
Ie Wick
Stevensj
SurvyFa
Swift Co
Systron Donn
Ilies Ours
Wee Co
Tampa
Tektronix
Teledyne
Telex Co
Va Tenneco
Texaco
Tex G
Texasiast
Texpla
Textron
Burt Jb
taveeRo
Timken
Keriicg
Todd Sh
Leneire
Kage
Cerro Co
Union Pact
Ches Onio
Union Pacit
Uniroyel
Chipaeut
Air
Chris Cramps Corp ' A
Bae Ms
Zim
CBS
Marco MO
Martie
Mertiol
Merath We
Thawed Corp
Merce
Orm
Associated Press
Market Averages Drift Amid MixedUptick Signals
The Dow Jones average shows modest gains, while sector data reflect mixed investor sentiment. Trading notes indicate a cautious session with blue chip concerns outperforming broader market indicators, amid uncertain macro cues and currency moves.
Airplane Belly Lands In Winston-Salem
A Piedmont Airlines YS-11 with 16 aboard belly landed at Smith Reynolds Airport Winston-Salem after landing gear trouble. Pilot George Malcolm of Maryville Tennessee guided the plane down after circling for over 30 minutes. No injuries reported except a 51 year old passenger Darlene Le Vane of Knoxville Tennessee who was examined for chest pains and listed in good condition.
MENTIONED IN THIS ARTICLE
Winston-Salem
Piedmont Airlines
Smith Reynolds
Lem
George Malcolm
Maryville
Tenn
Darlene LeVane
Knoxville
City must provide sewage service to Negro housing area
An appeal on two points regarding Negro rights and federal judge power was rejected. The ruling requires Lackawanna officials to supply adequate sewage service to the designated Negro homes and prevents turning that area into a park. The August order by US District Judge John T. Curtin stands, with an opinion by former Justice Tom C. Clark.
MENTIONED IN THIS ARTICLE
Eivie
Lackawanna
US Dist
John T. Curtin
York City
Tom C. Clark
New 1972 Rule Requires Expiration Dates on Food Labels
A proposed 1972 regulation would require all food sold for human consumption in the state to carry expiration or packing dates by month day and year. The rule aims to remove vague codes that hide product age from consumers.
A. P. Stock Averages Report Amid Market Jumble
A brief market update notes mixed movements in the A P stock averages amid late trading activity. Analysts observe volatility as investors weigh economic data and corporate results.
Universal Yarn Officials Resign Post Sale
R Wellford president of Universal Yarn Sales announces that G Allen Mebane and James L McCormick have resigned as officers and directors. Both were founders of Universal Textured Yarns prior to its January sale and will focus on Universal Dyeing and Finishing in Greensboro, a new project they announced.
MENTIONED IN THIS ARTICLE
R. Wellford Lineweaver
Universal Yarn Sales, Inc
G. Allen Mebane
James L. McCormick
Universal Yarn Sales
Universal Textured Yarns, Inc
Mebane and McCormick
Universal Dyeing and Finishing, Inc
Greensboro
Anew
Name Change for Greensboro Home Builders Assn
The Home Builders Assn of Greensboro unanimously approves a name change to Home Builders Assn of Greensboro High Point to reflect service area. Organized in 1957 as the area NAHB chapter, the group has 163 member firms, mostly in Guilford County, including builders and related trades, with offices in Greensboro.
MENTIONED IN THIS ARTICLE
Home Builders Assn. of
Greensboro
Charles M. Mendenhall
Mendenhall
Iome Builders Assn. of
High Point
National Association of Home Builders
Guilford County
Manning resigns from Pilot Life to enter private practice
John T. Manning, vice president and general counsel at Pilot Life Insurance for 13 years, resigns to enter private practice in Greensboro. Manning joined Pilot in 1958 as general counsel after earlier private practice in Richmond, Virginia.
MENTIONED IN THIS ARTICLE
John T. Manning
Pilot Life Insurance Company
Greensboro
Manning
Pilot’s Legal Department
Richmond
Virginia
Draft May Reach 125 In May Draft
Washington AP reports Selective Service Director Curtis Tarr announced that men with Random Sequence Numbers up to 125 may be drafted in May to meet the 15 000 man call. Local boards may order pre induction physicals for numbers to 175 while ceilings previously stood at 50.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
Selective Service
Curtis W. Tarr
Tarr
Defense Department
Heavy losses reported as South Viet troops repel fifth attack
South Vietnamese sources say North Vietnamese forces suffered 287 killed in an assault on Fire Base 6 in central highlands, while government losses stood at two killed and 20 wounded. U.S. B52s and artillery supported multiple strikes as clashes continued across the region and in Cambodia near Kompong Cham.
MENTIONED IN THIS ARTICLE
Saigon
Central Highlands
Radcliff
Vietnam
173Rd Airborne Brigade
Big da Nang
Hue
U.S
Phnom Penh
Mekong River
Kompong Cham
Cambodia
Am Rong
Nixon Favours Expedition of Review in Calley Case
President Nixon leans toward a normal pace for military review of Lt. William L Calley Jr life sentence for My Lai killings. Aides said he would not object to Pentagon speeding the record but wants the process completed through standard channels with potential added stenographers. The review must reach Ft Benning Ga for initial consideration before Nixon acts.
MENTIONED IN THIS ARTICLE
San Clemente
Canf.ap
Nixon
William L. Calley Jr
My Lai
Calley
Pentagon
Ft. Benning
John D. Ehrlichman
Newsmen
White House
Ehrlichman
North Carolina and Others Fall Short on Education Support
The Carnegie Commission reports 21 states failing to meet adequate support standards for higher education. Four states miss three tests, nine miss two, and eight miss one. Alabama, Georgia, Kentucky, Louisiana, Mississippi, and North Carolina fail the graduation rate test using 1969 figures.
MENTIONED IN THIS ARTICLE
New York
Carnegie Commission On Higher Education
Commission
Connecticut
Georgia
New Jersey
Virginia
Alaska
Delaware
Maine
Massachusetts
Nevada
New Hampshire
Ohio
Pennsylvania
South Carolina
Alabama
Illinois
Kentucky
Louisiana
Maryland
Mississippi
North Carolina
Jane
Also Mentioned on This Page
Stock Market Report
NEW York Stock Index
Ascciated
Dow-Jones
Bono Aig Bon
Winston
A.P
Teenee
Aaews
Wow
Universal Yarn
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
N.C
Uay
U.S. Command
U.S. 4Th Infantry Division
Camp Radcliff
Springfield
Tire Mart Elm and Commerce
Wachovia