Market Opens Slightly Higher In Slow Trade
Stocks on the New York Stock Exchange opened with advances edging out declines as price changes remained fractional. Major names seen: Homestake Mining down 1 percent to 27, Texaco up to 33, American Telephone at 43, General Motors down 4 to 71, Reynolds Metals down 1 to 21, Kennecott off to 32. The Dow fell 3.06 to 839.59, volume 9.47 million shares. the AP 60-stock average down 0.6 to 302.0. AMEX index slip 0.04 to 24.21.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Ising
Homestake Mining
Texaco
American Telephone
General Motors
Reynolds Metal
Kennecott
Dow Jones
Associated Press
American Stock Exchange
Swift
Tampa
Tektronix
Teledyne
GAF Corp
Telex Cp
Gannett
Ave Publkind
Tenneco
Pueblo
Ms — Texaco
GenElec
Texas
Ralston P
Wu Textron
PubUt
Ranco Inc
Gen Tire
Genesco
Timken
GaPacif
Transmra
Gillette
Republic
Amu
TriCon
Glen Alden Ate
Ae Neel
Goodyr
Slq
Su SM Ual Inc
Grace
Royccola
UMC Ind
A&p
Ryder Sy
Iedl
Safeway
Uniroyal
Stroem
Galevae
UnBrands
Unit Cp
Malliburt
ScherPig
Indhst
Hecla M .Jof
SCM Corp
PsyCh
Hercules
Scoa Ind
US Sm
Heublein
Scott
US Steel
Upjohn
Honywil
Signal Co
Vrian Assoc
Vaeipw
Walt
Mowmet
WarLam
Et — Corp
IdahoPw
Watinion
INA Cp
Soungas
Whittaker
St Brands
Williams Co
Stoikal
WinnDx
T&t
Itek Corp
Xerox Cp
Zale Corp
John Man
Zenith R
JohnJoh
JonLogn
Siva Stevens
Joy Mig
SIM sia + Ve — — Kaisr Alum
Exchange
KimbCik
de Wet Kraftco
Kresgess
Wen
Kroger
LearSieg
Lehvai Ind
Loews Corp
Allied Ch
Lonesga
AlliedStr
AllisCh
Alri
LVO Corp
Lykes Yngst
Macy RH
Marath
Marcor
Maydstr
Mead
Sainnaama
Lee Lam
Bendix
Induston
Borden
NoAm Phil
Ape BorgWard
NoAmRk
BritPet
NoStaPw
Brunswkard
Northrop
Bulovaw
Nwst
Bunkr Ramo
Noroth
Nort Simon
Cti OnicEdis
Cadence Ind Ac Okla
CastieCke
CaterTr
OwenCng
Cenco Ins
Pacgfl
Cerro Cp
Pacge
CessnaAir
Paclig
PacPetr
PacPwl
Chris Craft
Chrysir
Params PanAm WaAir
Panh EP
Vel Penn Cent
Clark Eq
Penney JC
PaPwlt
CocaCol
Pennzon
Col Pal
Collins Rad
Te Pepsico
Coloinist
Pfizer
CBS
Phelps D
Wis
Colu Gas
Mla
PhilMorr
Phila
Phill Pet
Cowles Com
Cox
Crown Cork
CrowZell
Dan River
el A Dillon Co
Dow Chem
Siva
Duke Pw
Dynam
Bone &G
Ie Aoste
Wallace pushes quotas to shield U.S. textile industry
Gov. George C. Wallace urged quotas and restrictions to level the field with the Far East. He cited Alabama figures showing 549 textile and garment plants closed since last year, costing over 100000 jobs as unemployment bites in east central Alabama. The hearing addressed relief bills including unemployment benefits, relocation aid, food stamp law changes, and a loan fund up to 1 million to reopen plants.
MENTIONED IN THIS ARTICLE
Roanoke
Ala
Far East
George C. Wallace
Alabama Development Office
Mittee
Senate Committee On Aging
Alabama
Wallace
Subcommittee
Jennings Randolph
D-W.va
Train Kills Man Seated On Rails Near Dunn
Harnett County Coroner Paul Drew identifies John Leslie Sukes, 32, of ty, as the man struck and killed by a Coast Line train Sunday outside Dunn. The engineer said he saw a man on the tracks with head between his legs but could not stop in time.
MENTIONED IN THIS ARTICLE
Dunn
N. C
Harnett
Paul Drew
John Leslie Sukes
Coast Line
Drew
Dunn City Limts
16 Year Old Charged In Abduction In Eden
FBI says a 16 year old Eden boy has a kidnapping warrant issued in Greensboro. He allegedly forced Mrs. Robert Jerome Reynolds to drive to Christiansburg Virginia where she was released after a pistol threatening incident. Police say the woman was later driven back to Eden.
MENTIONED IN THIS ARTICLE
Eden
N.C
Federal Bureau of Investigation
Virginia
FBI
Robert Jerome Reynolds
Christianisburg
Martinsville
Virginia-North Carolina
Edwards Named VP of Manufacturing for Heist McCain Hosiery
Kenneth P. Edwards of Concord is named vice president of manufacturing for Heist-McCain Hosiery Corp at Rockwell. A native of High Point, he has been with Concordia Leg Apparel since 1955 and lives in Concord with wife Bessie Welborn and their three children.
MENTIONED IN THIS ARTICLE
Kenneth P. Edwards
Concord
Heist - McCain Hosiery Corp
Rockwell
Edwards
High Point
Concordia Leg Apparel, Inc
Harper Hosiery Mills
Bessie Welborn
High Point Agent Qualifies for Amer i can Defender Convention
Marvin Brown of High Point qualified to attend Amer i can Defender Life Insurance Company annual convention August 8 to 11 in Canada. The event at Le Chateau Frontenac in Quebec City gathers top agents from 23 states for sessions on company progress and new sales ideas with awards for leading agents.
MENTIONED IN THIS ARTICLE
Marvin Brown
High Point
American Defender Life Insurance Company
Canada
le Chateau Frontenac
Quebec City
Quebec
Amcan Defender
Two Appointments at Alderman Studios Name Troxler and Kilgore
Robert E. Troxler of High Point was named supervisor of staging at Alderman Studios. Dan H. Kilgore, formerly of Bellevue Michigan, becomes an interior designer. both will work on design and execution of interior scenes for photography.
MENTIONED IN THIS ARTICLE
Alderman Studios
Robert E. Troxler
High Point
Dan H. Kilgore
Bellevue, Mich
Troxler
Alderman
Loui Freeze
Waverly Street
Kilgore
Kendall School of Design
Grand Rapids
Mich
Woodlake Apartments
Dividend Hike at North American Rockwell Corp
North American Rockwell Corp parent of Hatteras Yacht of High Point raises quarterly dividend from 30 to 35 cents. The first payment at the new rate will be Sept. 7 for stockholders of record Aug. 17.
MENTIONED IN THIS ARTICLE
North American Rockwell Corp
Hatteras Yacht of
High Point
Winn-Dixie reports record sales and earnings for 1971
Winn-Dixie Stores announces preliminary unaudited figures for fiscal year 1971 with sales of 1.609 billion dollars, up 13.4 percent from the prior year. Earnings are 2.60 dollars per share versus 2.18 dollars last year.
MENTIONED IN THIS ARTICLE
Winn - Dixie Stores, Inc
Wellington Hall Reports Strong Furniture Sales Gain
Wellington Hall Limited reports fiscal year results ended April 30. President John E. Adams cites furniture sales more than doubling from 1,478,765 to 3,148,849 with gross profit 640,045 up from 477,000. Stores now total 31 cities in 14 states, and Billings Transfer Corp shows net income rising to 276,410. Consolidated net loss 621,335 or 62 cents per share versus 1,902,277 or 1.91 per share last year.
MENTIONED IN THIS ARTICLE
Wellington Hall, Limited
Thomasville
John E. Adams
Wellington Hall
Billings Transfer Corp, Inc
Interstate Motor Freight Carrier
Recycling Newsprint Gains Ground Across the Nation
Thousands read yesterday's newspaper today amid a growing drive to recycle newsprint. The American Paper Institute cites 23 percent of 1969 papers recycled with programs in Madison Wisconsin Irvington New Jersey and San Diego California. Local groups raise collection and sorting and receive payments. Taxpayers save on disposal costs as recycled paper fuels products like paperboard and newsprint.
MENTIONED IN THIS ARTICLE
New York
American Paper Institute
Madison
Wis
Institute
Irvington
N.J
San Diego
Calif
Kiwanis Club
API
Thurmond Receives Magazine Apology
Life Magazine apologized to Sen. Strom Thurmond for using his family photo in a political article. The piece described his wife Nancy and infant daughter Nancy Moore and provoked Thurmond to denounce journalistic deception. A Life spokesman and managing editor sent personal apologies.
MENTIONED IN THIS ARTICLE
Columbia
Life Magazine
South Carolina
Strom Thurmond
R-S.c
Thurmond
Nancy
Nancy Moore
Life
Self Memorial Hospital
Greenwood
Sen. Thurmond
Washington
Communists Raid Delta Camp Near Saigon
A Viet Cong assault on a Mekong Delta ranger camp 45 miles southwest of Saigon killed 13 and wounded 10 as helicopters and artillery harassed the attackers. Saigon reported enemy losses of 13 killed and 2 captured, with 8 more killed in a later sweep and 5 prisoners taken. Additional Viet Cong deaths and Vietnamese casualties were noted in the delta during the day.
MENTIONED IN THIS ARTICLE
Saigon
Mekong
Long Tanh
Southern Rails Win End to 20 Year Freight Rate Battle
The Interstate Commerce Commission drops a court clash over freight rates, effectively sustaining higher Southern rates. Gov. Jimmy Carter calls it a victory for Southern shippers saving about 10 million dollars annually, while echoing a drive toward freight equality and continued industrial growth in the South.
MENTIONED IN THIS ARTICLE
Washington
Southern
Interstate Commission
ICC
South
Eastern and Western
Atlanta
Georgia
Jimmy Carter
Carl Sanders
Also Mentioned on This Page
Stock Market Report
NEW York Exchange
NEA, Inc
Det
OFF
By Gill Fox
Randolph
Senate
By Louise Cook
Delta
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
Ward-Griffith Company
National Advertising Representatives
Southern Rails
Preventor Security Center
North Main Street
North Carolina
MARBLE / IMPERIAL FURNITURE COMPANY
Dictaphone Corporation
West
Florida Street
Evansville, Indiana
Greenlee
Challoner
Diehl-Vonnegut
Vonnegut
Cemco
Bell
Taylor
Sasdiew
Porter
Walters
Northfield
Powermatic
American Variety
Tannewitz & Towsley
T Whitney
Berthelen
Black Bros
Black
Sos
Diehl
Capitol
Clark
Gardner-Denver
Imperial Automatic
Weldon-Finchbough
Hisotatentaer
Wilelma
KATIMAM REALTY @ INSURANCE CO
Evansville
Ylorman Levy & Co
PPC
Mata Awe Owio
W. Monroe ST
Chicagg Ee