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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 28, 1971
Page
2
The Dow Jones industrials edged up as gains led by motors and farm equipment offset losses in rubber and airlines. General Motors reported a 75 percent rise in first quarter earnings, lifting auto shares while steel issues advanced on reports about Bethlehem Steel and U S Steel.
In a heated session lawmakers debated district realignment after a plan would shift Bladen and Orange counties. Galifianakis expressed regret over losing Orange County ties, while Miller argued the amendment better aligns with Supreme Court mandates.
A compressed listing shows Dow Jones Averages and stock lines with limited readable figures. The fragment hints at industry indices and a price point around 82.10.02, but specifics are unclear from the OCR.
A brief stock market update from New York at noon shows the AP stock averages tracking early session moves. Investors monitor key indexes as trading momentum remains cautious amid mixed corporate news and economic data.
Jerry N. Brown formerly regional sales manager for Faultless Caster Co. has moved to Behrends Harwell Henderson. A Evansville Indiana native and 1967 University of Evansville graduate, he led Faultless Hardware Division sales and now serves in the local Jaycees group and Willow Creek Golf Club. He and his wife Susan Slade Brown have a three month old child.
Peter M Soutter president of Its Inc a marketing firm in Columbus Ga has been chosen as one of three judges for the American Adv Federation District 7 student awards competition to be held in Columbus Ga Entrants are advertising students from colleges and universities in the southeast who analyze marketing problems and present solutions The winning school earns 1000 the second 500 and the third 250
John J. Irwin is elected vice president and director at High Point Fixture Manufacturing Co a Colonial Stores subsidiary. He will keep corporate purchasing for Colonial coordinating procurement of store equipment supplies and contract services and will maintain offices in Atlanta.
Rex L. Prather promoted to corporate vice president in charge of Guardsman Chemical Coatings Southern Divisions. He now oversees Louisville and High Point operations, after serving as executive vice president of the Louisville division and earlier as vice president of marketing since January 1966. He previously led the mid central sales region for five years.
London report notes Lady members of Parliament protest lack of adequate baths in the House of Commons. The item highlights gendered facilities concerns within Parliament.
Greensboro firm Blue Bell Inc reports record results for the first half of 1971 with net sales totaling 124.569 million, up 25.7 percent from 1969 137 99.137 million in 1970 and net profit rising to 5.054 million, up 43.0 percent. Earnings per share reached 1.97 versus 1.38.
A state Milk Commission investigator testified there were fair trade violations in the Kannapolis Concord area. Harold Myatt said Sealtest Biltmore and Long Meadow labeled milk sold below established prices and rebates exceeded authorized amounts, actions forbidden by Order No 11.
Waves of U S warplanes attacked targets on three fronts in Cambodia and South Vietnam as North Vietnamese and Viet Cong paused shelling in the south. B52s hit bases along Highway 7 and in eastern Cambodia while U S helicopter missions supported task forces in eastern Cambodia.
Captain Eugene Kotouc testifies he cut off a Viet Cong suspect's finger with a heavy hunting knife while attempting to frighten the prisoner for intelligence. He says he was in a combat zone after being deemed unfit and sought to protect American troops. The defense rests later today as his testimony mirrors prior statements.
Attorney for Wallace questioned by investigators over checks paid as fees to a former Alabama Legislature leader. Montgomery firm Warner Mathis testified two hours to grand jury. Probe centers on a $30 million state junior college construction program and liquor sale advertising donations. Federal inquiry recalls highway aid controversy from the first Wallace administration and a firm’s agent hired on Gerald Wallace’s suggestion.
The Dellums panel chaired by Rep Ronald V Dellums reports former Vietnam service from Feb 2 1969 to March 16 1970. The group lacks congressional standing and cannot issue subpoenas while witnesses appear voluntarily. A Tuesday hearing featured sworn testimony from ex intelligence specialists alleging electrical torture starvation and murder were tolerated to extract information.
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