Dow nudges higher as Nixon troop pullback boosts trading
The noon Dow Jones industrial average climbs 1.06 to 948.00 as advances outpace declines on the NYSE helped by Nixon’s troop withdrawal announcement and optimistic signals on Vietnam peace talks. Polaroid gains 4 percent on a new color camera. Boeing and Gulf Oil higher on market activity.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Nixon
Vietnam
Nws
Commerce Department
Polaroid
Boeing
Commonwealth Oil
Gulf Oil
Associated Press
Interdealer OTC Bid-Asked Quotations at 11 A.M.
NASD representative bid and asked prices for over the counter securities as of about 11 am show interdealer markets fluctuating through the day. Prices exclude retail markups markdowns and commissions.
Nixon signals further Vietnam pullout amid battles over policy
Senator George McGovern assails Nixon as he calls for a prompt U.S. withdrawal from Vietnam while House Republican Leader Gerald Ford expresses confidence in Nixon's leadership. The president’s latest plan reduces U.S. troops in South Vietnam toward 25 000 to 35 000 as air and naval forces maintain pressure, with 36 F4 bombers added to Southeast Asia.
MENTIONED IN THIS ARTICLE
Nixon
George McGovern
U.S
Vietnam
House
Gerald R. Ford
Michigan
South Vietnam
Hanoi
Thailand
Pentagon
Southeast Asia
New York Stock Exchange Indexes At Noon
The Noon New York Stock Exchange Indexes show fractional changes with the overall market mixed. The industrial average stands near 40.19 with small gains, while transportation and utilities benchmarks move slightly.
MENTIONED IN THIS ARTICLE
New York
Kroehler Mfg Co Reports Record First Quarter Sales
Kroehler Mfg Co announces total net sales and operating revenue of 29,216,000 for the first 12 weeks of 1972, up from 26,562,000 a year earlier, a new first fiscal quarter record. Consolidated income before extraordinary credit reaches 586,000 or 45 cents per share, vs 201,000 or 15 cents last year. An extraordinary credit of 486,000 or 38 cents per share after taxes plus 174,000 tax provision yields net income of 1,072,000 or 83 cents per share for the period.
MENTIONED IN THIS ARTICLE
MobilOil
New York
Monsant
MorNor
Motorola
Arklgas
Ve Alamera Oil
Cooper In
Nat
Atlas Co
Eo Corgiw
Nat Can
Barnes Eng
Va Cowles Com
Natcashr
Barnwes Ind
Cox Bdcst
Nat Distil
Brascan Ltd
Eo Crowser
Nat Fuel
Buttes Gs Oil
CrowCell
Crown Cork
Certron Cp
CrowZell
Cinerama
CurtissWrt
Nat Steel
Data Control
Natomas
NewPow
Newberry
Dixilyn Corp
Nengel
Essex Chem Deere Co
Newmat
Ning MP
Felmont Oil
Delta Air
NL Ind
Frontier Air
Norfolk W
Norris Ind
Diam Sham
Wa Meat Basin Pet 2A
Ve ‘Dillon
Noamrkk
Disney
Northrop
Corp
Kin Ark Corp
Kinsford
OhioEdis
Lafay Radio
Lee Entle
East Air Lin
Okla Ngs
Ling Tvgt
EasKod
Oda
Olin Corp
LoewsThewt
Va Faton
Omarkin
Marshal Ind
Ove Echlin
Elpasong
Owen Cng
MidwFin
Eltraco
Owen Ill
Milgo Elect
Emer el
Newldria Mn
Essexint
PacGsel
NewPark Mn
Tee
Pacitg
OKC Corp
Patos
PanAm Sul
Ozark Airlin
PanAm Wair
Permaner
Fansteel Inc
Phoenix
Penn Ce
Penney
Resortsvnti A
PaPwLt
Scurry Rain
PennzUn
Statramins
PepsiCo
Syntex
Nm Technicolor
Phelps
Phila el
PhilMorr
Viewlex
Phill Pet
FdFair
Pitney B
Vikee Inc Td
Fordm
VLN Corp
GAC Corp
Associated Press
NEW York (Ap
GAF Corp
Gannett
Questor
GenFlec
Ranco Inc
Raytheon
Rdg
Airco
GaPacit
Reich
Gerber
Republic
Gettyo
Reviow
Gillette
Glen Alden — “ Oy
RoanSel
Alfied
Renry OR
Global Ma
AlliedStr
Royccola
Goodyr
Ryder
Greyhound
ScherPig
SCM Corp
We Am Motors
Harris Int
At&t
T&t
Ye Amf Inc
Hoernwal
eSignal Co
AMP Inc
SingerCo
Ampex Corp
HollySug
Bd Smith
Sony Co
Hock
Yelscareg
Aacorp
South Co
IdanoPw
Atlas Conp M2
limorlCp Am
Brads
Avco Corp
INA Cp
Kollsman
Avnet Oe
fingerRd
Beckman
Bsb
Bell
Bendix
American Furn
Es Lowapsyv
Swift Co
Bengver
Tek Corp
Systron
Carolina Car
Integon
BoisCas
JonnJoh
Teledyne
Borden
JonLogn
Telex Cp
BorgWar
Jonlau
Yenneco
N.C.N.B. Corp
Brist My
Jostens
Tesoro
Texaco
N.C. Natural Gas Ll
Brunswek
Joy Mig
Uv Ware
Texetrn
N.C
KalsAlum
Texg Sul
Ruddick
Budd Co
Wel KanGsEl
Ruddick Common
Bunkr Ramo
Katy Indye
Textron
Ste Buri Nor
Kennecott
ThriftyOg
Burryns
Kerrmcg
TimesMir
Wellington Hall
KimbdClk
Timken
Knight
Todd Ship
Cal Finan
Koppers
Se Kroger
TRW Inc
Carrier Cp
Bole
CartWal
LearSieg
CastieCke
Lenpcem
Hd Ual Inc
Liddofd
Cerro Cp
Uniroyal
Unit Air
Lockheed Air We
Chris Cratts
CocaCol
Lukenst
US Steel
Lal
LVO Corp
LVO Corp 8S Ts i Univ Oil Pa 74 i 18% Colg Pal Collins Rad
Lykes Yngst
Os Yano's
UnivCog
Macke Co
CBS
Macy RH i
Varian Assoc
Ye ColuGas
Vmadisfo Se
Vendo Co
Los Lea
Meratn
éAarcor
WarLam
Martin
Maydstr
WnAir Lin
Maytag
McDond
McGrahh
WaUnion
Mead Co
Westge
MelvSno
Whittaker
MGM
Williams Co
Idea
WinnDx
Woolwtch
Xerox Cp
Zale Corp
ai \Zenith
The
Kroehler Mfg. Co
Blue Bell Inc Reports Six Month Sales Rise to 155 Million
Sales for the six months ended March 31 1972 reached 155.089 million up from 124.569 million in 1971, a 24.5 percent gain. Net profit rose to 6.377 million from 5.054 million, up 26.2 percent. Earnings per share were 1.07 versus 0.95 in 1971.
MENTIONED IN THIS ARTICLE
Blue Bell, Inc
Sanford Borrows 300000 for Presidential Bid
Former Governor Terry Sanford reports borrowing 300000 from Anne Reynolds Forsyth of the Reynolds tobacco family to back his campaign. Durham campaign HQ says county committees will raise 3000 each to repay the loan as Sanford competes in North Carolina primaries on May 6 and seeks the New Jersey primary.
MENTIONED IN THIS ARTICLE
Durham
N.C
Terry Sanford
Anne Reynolds Forsyth
Reynolds Tobacco Family
Winston Salem
Sanford
North Carolina
Duke University
New Jersey
White Group Urges Greensboro School Boycott
The American Concerned About Today organization calls for a one day boycott of Greensboro public schools to protest forced busing. The action coincides with a visit by presidential candidate George Wallace and includes planned marches through downtown Greensboro led by ACT president Joe R. Brown who endorses Wallace.
MENTIONED IN THIS ARTICLE
Greensboro
George Wallace
Alabama
ACT
Joe R. Brown
Wallace
Brown
Mrs Dan K Moore Improves After Coma
Mrs Dan K Moore wife of the former North Carolina governor was reported improved at Rex Hospital Raleigh She is no longer in a coma and her condition shifted from critical to serious Her illness remains undisclosed Moore serves as an associate justice of the state Supreme Court.
MENTIONED IN THIS ARTICLE
Raleigh
Dan K. Moore
North Carolina
Rex Hospital
United Methodist General Conference Approves New Social Doctrine
The United Methodist General Conference approved a sweeping new social doctrine endorsing conscientious objection, recognizing homosexuals as of sacred worth, and supporting abortion and population control efforts. The 4,000-word creed replaces the church’s Book of Discipline and spurred heated debate over sexuality, civil disobedience, and war resistance.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
United Methodist General Conference
Dick Johnson
San Francisco
Victor Vinluna
Philippines
Hammell Ships
Cinnaminson
N.J
Kenneth Cooper
Bay Minette
Ala
Assembly
McKinnon White
Texas
Kleindienst Says Memory Faulty in ITT Case Probe
Acting Atty Gen Richard G Kleindienst told Senate panel he cannot recall details of calls and a meeting with White House aide Peter Flanigan about ITT antitrust settlements. He said memories are hazy and that Flanigan may have suggested ITT dissatisfaction but he considers the talks insignificant amid his stance on the case. The committee seeks clarity as it weighs his nomination to be attorney general.
MENTIONED IN THIS ARTICLE
Washington
Richard G. Kleindienst
White House
Peter M. ‘Flanigan
International Telephone & Telegraph Corp
Edward M. Kennedy
D-Mass
Kleindienst
Flanigan
Senate Judiciary Committee
ITT
Justice Department
Richard J. McLaren
Antitrust Division
Judiciary Committee
Senate
Mike Mansfield
John N. Mitchell
Nixon
Committee
James O. Eastland
D-Miss
International Telephone & Telegraph ‘Corp
Cabinet
Jack Anderson
Dita Beard
San Diego
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Stock Market Report
American Exchange
A.P. Stock
Ind. Rails
Associattd Press
Util. _ Om L
Dow-Jones
Kroehler
Church
Kathryn Johnson
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
Okly
Ward-Griffith Company
National Advertising Representatives
First Wesleyan
High Point, N. C
Rsummer
Pri
WCCB
WSPA
WRAL
WITN
WHCT
WGHP
WSJS
WWAY
WECT
WTVB
WITW