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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 11, 1971
Page
2
The market rose last week with trading shortened to four days due to a holiday. The Dow Jones Industrial Average closed Thursday at 920.39, up 15.32 from Monday, while the Associated Press 60-stock average advanced 5.5 points to 321.3 on Thursday.
The Associated Press reports quotes from NASD prices around 3 p.m. Thursday amid fierce criticism of the Nixon administration’s economic plan. Meany accuses the administration of stalling recovery, urging immediate tax cuts and stimulus. Analysts warn banks may push Congress for approval to offer mutual fund accounts to tap investment demand.
A long list shows Morapa transferring land to Dorothy B Morgan in Taylor and various property moves in Westminister Co. Eastview subdivision, High Point Development Co. assets, and multiple parcels in Eastover Park and Greenbrier. Names include Arthur L Bullard, James Leviner, Thompson Enterprises, and Robert Owen among others with transferrals in Dorchester, College Terrace, Longview Country Estates, and Fieldcrest areas.
The holly tree wood known as Woop is highly valued for musical instruments furniture and interior decoration. Its close grain and the inner bark yields a sticky material called birdlime used for trapping birds.
Large investors push the Dow toward the 000 mark as big buyers speculate on a coming upturn. Analysts warn inflation risk from expanded credit as some economists predict a market decline before any real gains.
The Manpower survey indicates 16 percent expect higher employment in April to June while 71 percent foresee stable wages and 10 percent expect a decline. U.S. and regional results show mixed retail gains driven by price increases. Nant Carolina reports earnings per share at 63 cents amid rising trading activity. net income and per share figures reflect a stronger quarterly period.
Earl B Congdon, president of Old Dominion Freight Line, serves as first vice president of the Motor Carriers Association. The 1972 International Woodworking Machinery Furniture Supply show in the U S A attracted 550 exhibitors and drew attendance from the Woodworking Machinery Manufacturers Association of America.
The provided text fragment mentions April 21 and a regular dividend but is corrupted and incomplete. It lacks coherent entities or events to summarize as a news item.
A Thomasville based frit designs manufacturer adds a brand name to Wellington Hall’s operations. The firm markets its products directly to consumers, expanding its reach beyond traditional wholesale channels. The move highlights a push to strengthen consumer access and brand visibility.
A firm employee benefits program is described with emphasis on how Integon offers multiple forms of insurance and related financial services to keep the workplace attractive and financially secure for staff and ownership.
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