Stock Rally Extends Into Noon Trading On Nixon Move
The noon Dow Jones average rose 8.43 to 940.98 as a rally stretching eight sessions continued. Analysts linked gains to President Nixon’s easing of trade restrictions with Red China while large blocks moved on Uniroyal STP Amrep. The AP stock average gained 2.2 to 327.1 with mixed bond results.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Nixon
China
Uniroyal
STP Corp
Amrep
Exange
Associated Press
Over-The-Counter Bid-Asked Prices Reported
NASD quotations reflect representative inter-dealer prices around 11 a.m. Markets shift during the day and retail markups or commissions are not included. Names listed include Amer. Furniture Care Caribbean Hardee's Integoa Life of Care N.C.N.B. Corp N.C. Nat. Gas Pied Aviation Pub. Serv. of N.C. Ruddick Prof. Ruddick Com. Son Film Ext Wix Wellington Hall with various figures such as 11% 124 and 1% Bl 13'4 7 7 4 Ta 6'4.
MENTIONED IN THIS ARTICLE
Amer. Furniture Care
Hardee's
N.C.N.B. Corp
N.C. Nat
Aviation Pub
N.C. Ruddick
Ruddick Com
Wix
Wellington Hall
North Carolina seeks 150 million bond for water cleanup
Senator Hector McGeachy Jr. proposed a 150 million bond issue to fund a decade of water and sewer improvements. He aims to hold a referendum and notes 60 plus small municipalities must add secondary treatment to meet clean water rules. Federal aid currently covers 30 percent, with state bonds boosting potential federal support to about 55 percent.
MENTIONED IN THIS ARTICLE
Raleigh
Hector McGeachy Jr
Cumberland
North Carolina
McGeachy
cGeady
Walker Shoe Company reports record first quarter sales
B B Walker Shoe Company posts $8.13 million in consolidated sales for Q1 1971, up 38 percent from a year earlier, with $360,491 earnings and 64 cents per share including 24 cents extraordinary income. The Asheboro based firm operates five NC plants plus Virginia and Pennsylvania units. Huch Leather in Chicago supplies over 90 percent of its leather.
MENTIONED IN THIS ARTICLE
B. B. Walker Shoe Company
B. B. Walker
North Carolina
Virginia Shoe Company
Fredericksburg
Bender Shoe Co
Somerset
Pennsylvania
Huch Leather Company
Chicago
Pilot Life reports first quarter 1971 sales up sharply
First quarter 1971 sales for Pilot Life Insurance Co across ordinary, combination and group divisions totalled 151,639,243, rising by over 8 million from Q1 1970 and setting a new quarterly company record. Individual policies sold 73,475,000 and group sales 78,163,000, with insurance in force increasing to 5,393,412,476.
MENTIONED IN THIS ARTICLE
Pilot Life Insurance Co
Roberts Elected Assistant Vice President at Wachovia
James H. Roberts was elected assistant vice president by Wachovia Bank and Trust Co. NA directors in High Point. He joined Wachovia in 1960 at High Point, became assistant cashier in 1966, and has served as dealer credit manager and credit supervisor in Winston-Salem before returning to High Point in January 1971 as assistant manager of the Time Payment Department. He is a Shelby native, Lenoir Rhyne College graduate, and a member of High Point First United Methodist Church.
MENTIONED IN THIS ARTICLE
James H. Roberts
Wachovia Bank and Trust Co
High Point
Roberts
Wachovia
Winston-Salem
Shelby
Lenoir Rhyne College
First United Methodist Church
Social Concern Commission
Shoplifting Bill Nears Passage in North Carolina
Raleigh AP report says legislation to curb shoplifting nears enactment after Senate approval and House concurrence. The bill allows merchants and clerks to detain suspected shoplifters for a reasonable time without liability for false arrest or assault. Amendments set July 31 as effective date to allow pending cases to clear.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
House
Senate
Norris Reed
D-Craven
Norris
John Burney
D-New Nover
Russell Kirby
D-Wilson
Kirby
Ballot 71 30 In Favor As House Debates Presidential Primary
North Carolina House votes 71 to 30 to approve a bill creating a presidential preference primary. If passed by the Senate, voters would chose party nominees at the regular spring primary beginning May 2 1972. Delegates would be allocated by primary results. The plan aims to bring candidates to the state and boost public voice.
MENTIONED IN THIS ARTICLE
North Carolina
Jim Holfhouser
R-Watauga
Holfhouser
Howard Twiggs
Drake
Twiggs
America
Burl Ives to Wed Interior Decorator in London
American folk singer Burl Ives 61 and interior decorator Dorothy Koster 44 expect to marry in London though no date is set. They chose London as a pleasant place, saying they fell in love with it during Ives TV appearance. They have known each other for 10 years and plan a home in New Mexico.
MENTIONED IN THIS ARTICLE
London
Burl Ives
Dorothy Koster
Ives
Blonde
California
Lves
New Mexico
Vitamin C May Help Remove Cholesterol From Blood Vessels
Penn State biochemist Dr. Ralph Mumma reported at a biology conference that ascorbic acid flushes cholesterol from blood vessels in rats and aligns with Soviet findings. He plans further rat and animal studies and notes his own increased vitamin C intake. Atherosclerosis risk rises as vessel clogs impair blood flow to the heart.
MENTIONED IN THIS ARTICLE
Chicago
Pennsylvania
Ralph Mumma
Pennsylvania State University College of Agriculture
Linus Pauling
Mumma
Federation of American Societies For Experimental Biology
Anthony Verlangieri
Hameina
First Governor's Amateur Invitational Promised in Graham
Gov. Bob Scott announced June 4 launch of Explore North Carolina campaign and the First Annual Governor's Amateur Invitational golf tournament to be held in Graham. Honorary cochairmen will be Gov. Scott and Evangelist Billy Graham. Campaign by State Travel and Promotion Division and Travel Council of North Carolina aims to boost in state tourism.
MENTIONED IN THIS ARTICLE
Raleigh
Bob Scott
North Carolina
Graham
Scott
Billy Graham
State Travel and Promotion Division
The
Travel Council of
Doomed Dreamer Sees No Future Chances
A reflective line warns that dwelling on past possibilities harms future success and progress. It cautions against clinging to what might have been and urges focus on present actions.
Chinese Medicine Blends Old Techniques With Modern Care
BRITON reports doctors trained in modern methods use acupuncture and herb remedies alongside Western approaches. Dr. Horn notes Chinese physical health equals Western norms in life expectancy and infant mortality, while mental health stands out as superior due to less competitive stress.
MENTIONED IN THIS ARTICLE
Horn
The Difference It May Be True Figures Don’t Lo
A reflective note on individuality and measurement contrasts. It suggests figures vary by person and that no two individuals are alike in how they are counted or perceived.
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Stock Market Report
NEW York Exchange
Smett
AMP Inc
Ampex Corp
Atlas Chem
Atlas Corp
Aveo Corp
A Inc
Cosmos
Beckman
BeechAir
Bendix
Ns BenefiCo
Beth Sti
Biockhr
Boeing Co
Bucy Er
Budd Co
Ramo Bulovaw
Buri
Ms Buri Nor
Ate Cadence Ind
CarrierCo
Vv CastieCk
Tava
Mlig
Cessna Air
ChiMil Spp
Chris Craft
Collins Redaifa
Ie Cbs
Colu Gas
Corp
CrowColl
Crown Cork
Cudahy
Deere Co
Dei Monte
Delta Air 278
Aia
Dillon Co
Dalesney
Eye
EatonYa
Echlin Mt
Eipasong
Enn, We
Essexint
Uy Wale
Fairch Cam
Fair Hill
Fanstee! Inc
GAF Corp
Global Marin
Oodrich
Goodyr
Greyhound
Gistuti
Gelt Wa
Msn
Ae Halliburt
Harris Int
HeciaMn Jr “Ua Coremee
HoernWal
LF Ie
Holidyinn
Os Honywil
Mtu Houslp
Pe idahoPw
Bas WU Ti
Nick
JonnMan
Johnson
E “ KimbCik
Kroger
Po Learsieg
Lockneed Air
Loews Corp
la Ms
LVO Corp
Lykes Vogst
Otis Macke Co
Macy RH
Dave Mad
Magnvox
Abie Marath
A Marcor
Mead Corpl
Memorex Co
Merck
NorNor
Motorola
Natomas
NewPow
Newmont
NoAmRk
NoStaPw
Ala Ma Northrep
Airi
Norton
Nes Ve
Nort Siman
OntoEdis
Corpan
Omarkin
Otis Eley
Outo' Mar
Ms Rd
Owen
Penn Cent
Ste
Penn Dixie
Pen Jc
PaPwit
PennzUn
Dale Peasice
Pfizer
Phita
PritMorr
Phill Pet
Rpoyccelaim
Roy Dutch
Ryder
Sears
Smith
South Co
Stauf
Systren Denn
Tampa
TimesMir
Timken
Ms Undiical
Union Pacif
Whittaker
Zenith
Associated
American Stock
NEW York Ap) Exchange
Aerojet
AO Indust
Ark Best mM
Arklgas
Asamera Oi
Atlas Co
Certron Co
Cinerama
Dillard
Dixityn Corp
Frontier Air Be
Piywood Ae
Hycon
Kaiser
Lee
Newldria
NewPark Mn
Ormand
Statham Ins
Syntex
Lear
Ie Rails “Inc
Unl. Pen. L
Dow-Jones
Indus
A.P
Eeeene
Bill
Rep
Norwood
Brydan
Gordon Allen
Person
William R. Roberson
D-Jeaufort
J. J. Harrington
Bertie
Roberson
McNeill Smith
Guilford
Sneed High
High
Lone S
Southern Furniture Exposition
Green Drive
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
N.C
Whig
AP News
Ward Griffith Company
National Advertising Representatives
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