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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 02, 1971
Page
2
The noon Dow jumped 7.88 to 866.31 as steel labor talks ended without a strike and railroad settlement calmed markets. NYSE advancers led decliners 3 to 1, with inflation concerns persisting and U.S. Steel announcing a price increase within 24 hours of settlement.
New York Stock Exchange afternoon prices listed with various dividend and distribution codes. Notes cover ex-dividend dates ex distribution rights and related actions including stock dividends and warrants, with references to 1970 and 1971 actions and special conditions such as bankruptcy status and foreign issue tax rules.
The AP notes the New York Stock Exchange noon index readings with mixed movements across sectors. Industrial, Transportation, and Utility shares show small gains or losses while the overall market value changes slightly from prior levels.
Gov. Bob Scott or a representative to lead a large gathering of state leaders at the funeral of Frank N. Patterson Jr. in Albemarle. Patterson, 54, died of an apparent heart attack while vacationing in Boone. Service set for 2 p.m. at First Lutheran Church with burial in Fairview Memorial Park.
NASA scientists discuss rare lunar anorthosite pieces found by Apollo crew. They debate whether the rocks date to 4.4 to 4.5 billion years and consider how crustal diversity and moon formation events could explain varied rock ages and colors seen by Scott and Irwin on the Apennine slopes.
In Vietnam and Cambodia, only scattered clashes were reported as U S forces begin another 2900 troop reduction. U S Command noted 226300 troops in Vietnam last Thursday, with an average 14000 leaving monthly. Nixon aims for 184000 by December 1. B52s and air strikes hit targets near Khe Sanh Cam Lo and Neak Luong. one helicopter was shot down near Hue with two crew killed. 8777th aircraft lost. Ground fighting remained light with two small skirmishes in the north. Saigon reports 10 enemy killed with no casualties.
Scott and Irwin begin a final lunar day at Hadley Rille after landing to collect rock and soil samples. Worden orbits Endeavour to position for the moon lift off as scientists debate rim origin from volcanic lava flows, collapsed lava tubes, or gas-driven events.
Dr John R Gamble Jr a Lincolnton physician announced his bid to oppose Sen B Everett Jordan in the 1972 Democratic primary Gamble 49 a former Lincoln County Board of Commissioners chair joins ophthalmologist Dr Eugene Grace as Jordan challengers Gamble urged doctors to serve in Congress and pledged only one reelection after terms he retired from county government in 1970
LONDON AP Princess Anne daughter of Queen Elizabeth II aims to ride for Britain in the 1972 Olympic equestrian team. She has trained intensely in jumping for three years and may wed soon if she makes the Olympic squad, with bets suggesting possible marriage within two years.
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