Market Mixed As Dow Dips Slightly In Active Trading
Blue chip stocks fluctuated with many issues closing higher as first quarter results beat expectations and the leading indicators index rose for the fifth straight month. Dow Jones average slipped 0.08 to 950.74 while AP 60 stock average rose 0.8 to 335.8 amid varied sector moves. rails and utilities gained, while mail order retail and airlines declined.
MENTIONED IN THIS ARTICLE
NEW York
Associated Press
Ralston Purina
Eastman Kodak
Eastern Air Lines
Boeing
Ling- Temco-Vought
Olin Corp
American Stock Exchange
Trans World Airlines
Ecological Science
Terminal-Hudson Electronics
Syntex
Research-Cottrell
Over-The-Counter Quotations From NASD
Interdealer prices as of about 11 a m show bid and ask quotes for multiple issuers. Fees and retail marks are excluded. listed companies include Amer Furniture, Caro Caribbean, Hardee s, Integon, Life of Care, N C N B Corp, N C Nat Gas, Pied Aviation, Pub Serv of N C, Ruddick Pref, Ruddick Com TM, Son Film Ext, Wix, Wellington Hall with varying percentages for bid and ask.
MENTIONED IN THIS ARTICLE
Askamic
Amer
Hardee's
N.C.N.B. Corp
N.C. Nat. Gas
N.C
Ruddick Pref
Ruddick Com
Son, Film Ext
Wix
Wellington Hall
New York Stock Index Report Very Mixed At Noon
The Associated Press stock averages show varied results at noon Thursday with several key indices hovering near previous levels. Trading activity reflects modest gains and losses across rails utilities and industrials as investors digest recent market signals.
Obscenity case upholds McCluney conviction in Gastonia
The court affirmed a two year suspended sentence and fined McCluney for selling the magazine Young Beavers at City News Stand. Federal rulings last December and January struck down most of North Carolina obscenity laws as vague. The state court cited respect for the federal decision but noted it is not bound to follow it, given other lower courts and state precedents.
MENTIONED IN THIS ARTICLE
McCluney
Young Beavers
Gastonia
Su Court of
United States
Burlington Industries Reports Quarter Earnings Drop
Burlington Industries Inc reports consolidated earnings for the quarter ended April 3 down 36.5 percent from a year earlier. Net sales total 446.225 million, down 2.5 percent from 457.768 million a year ago. Earnings per share are 46 cents versus 73 cents last year. Chairman Charles F. Myers Jr. cites weak economy and cautious consumers, noting some signs that consumer confidence is improving as the economy strengthens.
MENTIONED IN THIS ARTICLE
Burlington Industries, Inc
Charles F. Myers Jr
Rex Plastics appoints Davis as vice president of manufacturing
Rex Plastics Inc. of Thomasville names Arnold L. Davis Sr. a Texas native and former E. I DuPont executive as vice president of manufacturing. He and his family reside in High Point and have been with Rex since 1969. Bill Petree becomes personnel director effective May 1, joining from Melrose Hosiery in High Point.
MENTIONED IN THIS ARTICLE
Arnold L. Davis Sr
Texas
E. I DuPong
Rex Plastics, Inc
Thomasville
Davis
High Point
Rex
Bill Petree
Petree
Melrose Hosiery
Considine Named Director of Marketing at Blue Bell
Norbert A. Considine, vice president of Blue Bell Inc Greensboro, has been appointed to the new post of director of marketing for the sportswear and utility apparel firm.
MENTIONED IN THIS ARTICLE
Norbert A. Considine
Blue Bell, Inc
Greensboro
Eckerd Declares Quarterly Dividend on Stock
Eckerd Drugs Inc of Charlotte declares a quarterly dividend of 10 cents per common share and 50 cents per preferred share. Payment is scheduled for May 28 to stockholders of record as of May 14.
MENTIONED IN THIS ARTICLE
MorNor
NEW York
Exchange
NatAirin
Aerojet
NatCash R
Atlas
Nat Industas
Barnes Eng
Coroiv
Nat Steel
Buttes Gs
Crouse Hind
Condavin
CrowCol
Certron Cp
Cinerama
CrwnZell
Niag MP
Cudahy
Niag
Olilard
Curtisswrt
WNL
Ind
Mu “ Dixityn Corp
Wsne Ins
Norfolk
Dart Ind
Norris Ind
Ecologie Sci Vé
Essex
Sve ́ E Deere Co
I Sane
Felmont Oi
Delta Air
Norte
Frontier Air
Nwst
Gt Basin
Dillon Co
Nortort Simon
Disney
Conden
Corp
Dressind
Olin Corp
Jamesway
Duke Pw
Omarkin
Sl Jetronic Ind
duPont
Otis Elev
Jupiter Co
Dag Lt
Kaiser In
Owen Cng
Kin Ark Corp
Owen Ii
Winasford
East Air Line
En Lafer Radio Wa
Eashodaka
Pacpwl
Marshal
Eipasong
McCrory
Iul Midw
Bank EP
Ethyl Cp
Penn Cent
Ea Newldria Mn
Penn Dixie Wa
NewPark Mn
Penney JC
Nor Can Oils
PaPwLt
Nuclear Ameh
Ae PennzUn
OKC Corp
Fair Hill
PepsiCo
Titzer
Ozark Airline
Te Phelps
Phoenix St
Statham
Genesis Yonk Ra
Jadee Tad — Ralstonp
GenElec
Ranco Inc
Oneapeiis Press
RCA! Raytheon
GenMills
Gettyo
Gillette
Rohr
Glen Aiden
Wu — Roy Ccola
RoyCut
Pal
Pal Allied Ch
Ms Ne
Rydery
Goodrich
Allis
Joe Min
A&p
Scoa Ind
Scott Paper
Halliburt
Sears
Sears R
Hoernwal
SM KF
Ampex Corp
Tan
Sony Co
Anch Hock
Hol Holly
Scar EG
Soucale
Apeco Cp
Honywil
South Co
Soungas
Armco
Sou Pac
SouthrnRy
Squibb
Atlas Chem
Imprt Co Am Sa
StBrands
Atlas Corp de
INA Co
Sid Kolisman
Aven Corp v
Ve Rand
Avnet Inc
SidOilOn
Stevensj
BeechAir
Swift Co
Bell
Bendix
Itek Corp
Jewel Co
Tampa
JonnMan
Tektronix
JohnJon
Teledyne
Boeing Co
Abie
JonLogn
Telex Cp
T Borden
Jon Lang
Tenneco
Jostens
Texaco
Tex Etrn
Tex G
Texasinst
Textron
Bulovan
Keon Kane
Thrift
R Ramo
TimesMir
Kayser
Kennecott
Todd Sh
Kimbelk
Trans W Air
Koppers
Transmia
Kratico
Tricon
Cadence Ind
Kresgess
E Trw Inc le
Ee Kroger
Cal Finani
Leorsieg
CastlieCk
UN PacCp
Union Pacif
Es Cenco Ins
Ling
Uniroyal
Ave Cerro Cp
UnBrands
Cockheed Air
AltCp Ag
Loews Corp
Lone Scem
Lonesga
Ohio
Va US
LVO Corp US Steel
Univer
Macke Co
Clevenit
Magnvox
McGrwit
Merck
Woolwich
MobilOll
Monsant
Zale Corp . Com
Zenith R Rveu
Tecateries ‘En
Eckerd Drugs, Inc
Charlotte
European hardboard maker funds U.S. market study
Adolf Funder OHG of Austria hires Behrends Harwell Henderson to conduct a comprehensive market analysis of the U.S. hardboard and particle board industry. Rupert Harwell notes the potential U.S. market and a North Carolina site as possible investment targets discovered during a European development mission sponsored by North Carolina agencies.
MENTIONED IN THIS ARTICLE
Europe
Adolf Funder
North Carolina
Conservation and Development Department
State of
A.P. Stock Averages Update From New York Exchange
Noon stock figures from the New York Stock Exchange show activity in industrials and related shares. Trading is described as steady with notable moves in several blue chip issues.
Hanes Hosiery Posts First Quarter Loss Amid Slump
Hanes Corp reports a $232,000 net loss for the first quarter as Gordon Hanes calls hosiery market conditions the worst in 30 years. Improvements in March offer a glimmer of longer-term hope with the knitwear division profitable and hosiery near break even. The company plans to buy low-cost hose from an Israeli French firm with Puerto Rico facilities.
MENTIONED IN THIS ARTICLE
Winston-Salem
Gordon Hanes
Hanes Corp
Puerto Rico
Break‑in Hit First Baptist Church in Thomasville
Police investigated a break-in at First Baptist Church in Thomasville Tuesday afternoon. Entry occurred after a screen was cut and a door glass broken. A portable radio valued at 30 dollars and about 18 dollars in cash were reported missing. Door damages were estimated at 5 dollars.
MENTIONED IN THIS ARTICLE
Thomasville
First Baptist Church
Amendment Offered Demands Names on Editorials in NC
Wake County Senator proposes an amendment to require writers' names on newspaper editorials and on TV and radio in North Carolina as part of a broader push for open public meetings. Rival figures question constitutionality and urge narrow exclusions and penalties.
MENTIONED IN THIS ARTICLE
Bailey
Charles B. Deane Jr
Richmond
Abortion Bill Advances In North Carolina Senate Panel
The Senate Public Health Committee amended and approved a bill to ease abortion access in North Carolina. It would reduce authorizing doctors from three to one and require a 30 day NC residency, replacing the prior four month rule ruled unconstitutional. An added amendment would report abortions to the state Board of Health within five days via hospital administrators.
MENTIONED IN THIS ARTICLE
Raleigh
Senate Public Health Committee
North Carolina
Jack Rhyne
Ollie Harris
Cleveland
State Board of Health
Harris
Editors Condemn Signing Proposal Against signed editorials in papers
North Carolina editors condemned a proposed amendment to the Open Meetings Bill requiring signed editorials. Senators and editors argued unsigned editorials reflect the newspaper's policy, and signing would curb a paper's independent voice. The measure moves to a study committee after initial Senate approval.
MENTIONED IN THIS ARTICLE
North Carolina
Sen
Ruffin Bailey
Raleigh
Bailey
Senate Judiciary Committee
Associated Press Study Committee
A. Howard White
Burlington Times-News
North Carolina Press Association
Ruffin
White
Train derailed near Wingate with atomic material on board
State Highway Patrol reported a derailment between Wingate and Marshville in Union County. A car carried two canisters with unidentified atomic materials four by eight feet each, but no radiation escaped and no injuries were reported. A Raleigh team will recheck the site.
MENTIONED IN THIS ARTICLE
Wingate
N.C
State Highway Patrol
Marshville
Union County
Raleigh
North Carolina
South Carolina
Also Mentioned on This Page
Stock Market Report
Vita
NEW York Stock Index
Rails Utl
Blue Bell Post
Dow-Jones
A.P
Ap) — Noon
New York Stock Exchange
Neem Eacees
the Industria
Hanes Hosiery
Wake County
William C. Lassiter
Council of State
Advisory Budget Commission
State Board of Awards
Lamar Gudger
D-Buncombe
House
Hector McGeachy
D-Cumberland
L. P. McLendon
D-Guilford
Stewart Warren
D-Sampson
Fred Folger
D-Lurry
Zebulon Alley
Haywood
McLendon
Deane
Gudger
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
MAI
Weard-Griffith Company
National Advertising Representatives
Bill Williams
Penneys
Westchester Mall
Downtown
RED Bird Cab
Toot
Southern Furniture Exposition
Green Drive
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