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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 11 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 27, 1972

Page

2

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.

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.

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.

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.

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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.

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.

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.

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.

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.

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.

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

Also Mentioned on This Page

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
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