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High Point Enterprise in High Point, North Carolina

22 Aug 1972

Page 2

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Aug 22, 1972

Page

2

Oils Lift Fresh Waves In Stocks On NYSE Report

Heavy buying in oils helped the market rise with the Dow up 5.72 to 972.91 at noon. Oil majors Texaco and Gulf Oil led gains while S S Kresge fell after reporting weaker 13 week results. Kerr McGee sought redemption of a large debenture issue as trading remained active on the New York Stock Exchange.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange Texaco Gulf Oil Phillips Petroleum Jersey Standard Atlantic Richfield Mobil S.S. Kresge Kerr McGee MGM Microdot Ial Collins Cbs MobilOi Montdut MorNor Motorola Nabisco Cont Corp Va Nat Airline Certron Co Wa Cinerama Natcashr Nat Distil Dillard Electrospec Cox Nat Indust Nat Tea Frontier Air Newbury Gt Basin Pet EngEl Dan River Niag MP Instrum Sys Invdiva Dart Norfolk Norrisin IT Corp Jameswy Jetronic Inc Me Deere Am PhilmRi Medenco Inc del Mate Delta Air DennyRst NostePw Northrop Milgo Elect Nwst Newldria Mn Wi Dillon Disney Norton NorSim OKC Corp Ormand Ind Ozark Airlin Mun Okla GE Permaner Duke Pw Okiangs Phoenix Sui duPont Se Olin Corp PuritFash Omarkind viDynam Am Otis Elev East Air Lin OwenCng Scurry Rain Eashod Owen Ili Statham Ins Eaton P—O — Syntex Echlin Mf Pac A&t Panam Wair Jewlex Vikoa Inc Pasco Inc VLN Corp N Cen Westates Pt Fairch Cam Ms Rowe Wilshire Yates Es . Fansteel Inc M Papwlt Zim Hom Fedders Pennzoil Fedn Mtg Pepsico Associated Press Feddstr Filtrol Phelps Divi Firestone PhilMorr Va Phill Pet Va Pitneyb Portgel FdFair Gam Sko Ralston P Gannett Ranco Inc GenElec RCA Raytheon Revion Gen Tire Ib Reynind Geneseo ReynMet Arizona la Ne RoanSel AlcanAlu Gerber Val Rohr Ind Gettyo Royccola Gillette Roy GlenAld RyderSy Allied Ch Marin AlliedStr Goodrich AllisChal Goodyr Safeway Ve Alcoa Grace Saf Sia Acrysug Grumm SCM Corp Gulf MilCix E Am Motors Halliburt Shell Oil Harris Int Shell Asmeltr Signal Co Hercule SirCo Heublein Ae Smith HoernWa Scareg AMP Inc Hoff Electra SoCalEd Ampex Corp Holidyinn South Co Anaconda HollySug South Ry Ary ApecoCp Sperry R Houslp Howmet StBrands idanoPw Ideal Bas StOllind Atlas Corp A Impri Cp Am Stevens Beckman Swift Co Anheuser-Busch Bell How Systron Donn Bendix lowBeef TaFam Bassett Furniture BenefiCp Lowapsyv Tampa Itek Corp Tektronix Exaco BorgWar Daniel Intl Texasinsta Diamondhead Corp Brunswek K—K — Texpld Sle Bucy Er KaisAlum Textron TimesMir ThriftyDg E . Henredon Bunkr Ramo Ce Katy Ind KayserRo Timken Kellogg Kennecott Todd Ship Integon Corp Trans Cadence Ind KimbCik TriCon TRW Inc Life of Carolina Johnson Koppers Ncnb Corp Kraftico Kresge SS UAL Inc NC Natural Gas Kjma CarrierCp Kroger UMC Ind CastieCke LearSieg Elec CaterTr LenPcem Cencoiist Lehmn I.dle Uniroyal enSow Levitz Furn Littonind Lockheed Air O's Indust LoewsCp Stee Chris Craft LoneStarin Univ Oil Chrysier Lonesga UnivCpg LongisLt Upjohn LTV Corp Clark Eq Lucky St Ul— VV ClevElid Varian Assoc CocaCol LVO Corp VendoCo Lykes Vogst Vaelow Macke Co Wachova Macy WarLam MadisFd waAirln Magnvox Marat Wa Banc Marcor Maytag White Motor McDond Whittaker Co McGrwh Williams Coory Mead Co WinnDx MelvShm
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Quotation Prices and DOJ Comment on Investigations

NASD Over-The-Counter bids quoted around 11 a.m. via High Point office. interdealer prices exclude retail markup. DOJ policy is not to comment on impending investigations. Webb and Leath offer limited remarks and refer questions to counsel. Webb notes no discount received. Crone agency connection cited as longstanding, another printing job in scope.

MENTIONED IN THIS ARTICLE

High Point R. S. Dickson Powell Kistler & Crawford Department of Justice Webb Crone Lisi Crone Agency
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Investigations Tie Tax Watch to 1968 Campaigns

The IRS inquiry spans multiple campaigns including Scott and Crone with mentions of Williams and Leath as well as other firms linked to the 1968 race. Officials decline comment while attorneys say clients dispute guilt. The probe has stretched over several months and involves campaign activity in North Carolina.

MENTIONED IN THIS ARTICLE

IRS Scott
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Furniture Shipments Rise 7 Percent In 1971

Shipments of summer and casual furniture rose 7 percent in 1971, per the Summer and Casual Furniture Manufacturers Association, a division of the National Association of Furniture Manufacturers. Executive VP John M. Snow said retail shipments reached about 308 million dollars, up from 288.2 million in 1970. First half 1972 shipments were 11 percent ahead of the same period in 1971, the NAFM reported.

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Dow Jones Averages Move Mixed Across Sectors

Stock indexes show the Dow Jones industrials at 972.5 with a 5.72 point rise, transports at 233.44 up 0.97, utilities at 111.20 up 0.99, and the broader 65-stock average at 318.89 up 1.61. Bond listings include 40 bonds at 74.05 up 0.01 and rails with grade notes.

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Apostle Peter Death Believed Under Nero Persecutions

Tradition holds Saint Peter died during Emperor Nero’s persecutions about A.D. 64. He is said to have been crucified head downward at his own request, likely in the Neronian Gardens.

MENTIONED IN THIS ARTICLE

Peter Nero Neronian Gardens
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NCNB Corp to acquire Trust Co. of Florida in Orlando

The Florida comptroller approved NCNB Corp to acquire the Trust Co. of Florida in Orlando. The Federal Reserve Board gave clearance on August 1 and the two presidents expect completion by October 1.

MENTIONED IN THIS ARTICLE

Comptroller State of Florida Ncnb Corp The Trust Co. of Florida Orlando Fla Federal Reserve Board Thomas I. Storrs Dale Marvel
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Invented slide rule by Amedee Mannheim in 1859

The French artillery officer Amedee Mannheim is credited by Encyclopaedia Britannica with inventing in 1859 what is considered the first modern slide rule. The device aided rapid calculations, marking a milestone in mathematical tools.

MENTIONED IN THIS ARTICLE

Amedee Mannheim Encyclopaedia Britannica
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Primrose Path and Temptation Whispered by Past Figures

A reflective note on moral risk and elusive conscience, suggesting men who overlook duty are easily drawn to temptation. The line hints at recurring behavior and internal struggle across familiar personas.

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South Vietnamese Offer To Return Disabled POWs

Saigon proposed unconditionally releasing 600 disabled North Vietnamese prisoners of war and granting amnesty to 496 South Vietnamese convicts on the occasion of Wu Lan All Soul's Day. The move seeks reciprocal prisoner exchanges, echoing past efforts and reflecting ongoing wartime tensions.

MENTIONED IN THIS ARTICLE

Saigon Foreign Ministry Hanoi Republic of Vietnam John C. Sexton Jr Warren Mich United States South Vietnam Washington U.S
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Fischer Protests Audience Noise in World Chess Match

In Reykjavik, Bobby Fischer threatened to forfeit Game 17 and perhaps the match over auditorium noise after a drawn game. Referee Lothar Schmid noted Fischer filed a protest, while crowd noise persisted in a packed 2,500-seat venue with extra benches and standing spectators.

MENTIONED IN THIS ARTICLE

Reykjavik Iceland Bobby Fischer Lothar Schmid Fischer Spassky Schmid Icelandic Chess Federation Command Dochina Bobby Boris
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McGovern seeks unity with Johnson amid party split

McGovern and Johnson sparred over war policy but stressed diversity in the party. Johnson pledged support while reserving a right to disagree. The duo planned a face to face meeting to show unity as Connally shifts to Democrats for Nixon.

MENTIONED IN THIS ARTICLE

McGovern Johnson South Dakota Texas John B. Connally Nixon Treasury
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GOP Convention Sparks Vocal Jabs and Late Night Hurdles

GOP delegates react with enthusiasm as John Volpe presents a voice vote resolution courting disillusioned Democrats. The event features a disrupted film rollout, protests outside Convention Hall, and speeches by Ronald Reagan, Barry Goldwater, Edward Brooke, Anne Armstrong, and Richard Lugar praising Nixon’s leadership while urging McGovern’s defeat.

MENTIONED IN THIS ARTICLE

McGovern John A. Volpe McCloskey New Mexico Dole Nixon California Ronald Reagan Barry Goldwater Arizona Edward W
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Beltone offers free tiny hearing aid model

Beltone Electronics Corp announces a free trial of the smallest hearing aid ever made. The unit weighs under one ounce and sits at ear level with no wires. No cost or obligation to try it at home. write to Dept. 5406, Beltone, 4201 W. Victoria, Chicago.

MENTIONED IN THIS ARTICLE

Chicago Beltone Beltone Electronics Corp W. Victoria
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Cross Traffic Caution for Motorists

Motorists are urged to watch for cross traffic and proceed with caution at intersections. The advisory stresses yielding to turning vehicles and maintaining steady speed to prevent collisions.

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Also Mentioned on This Page

Stock Market Report Interes American Exchange Leath Justice Department Phillips Foscue Piedmont Avia N.C Quality Mills Unifi Inc Wellington Hall Cameron Fin Corp Cato Stores J.B. Ivey Little Mint TDC West Knitting Wright Machinery Thompoon Parker Horton Jim Gardner Rocky Mount the Gardner Wildar VME Fveweeew Fe Perews Newman A. Townsend Rose Jane Nv Turner Cuttmustn Furniture A.P. Stock Ind. Rails Util Acometae Press Rails Incl Uni Fon Dow-Jones Apostle NEW York Stock Index Primrose Path By Julie Flint Nash Nash Jewelry N. Main High Point Enterprise High Point Enterprise, Inc Church Avenue Word-Griffith Company National Advertising Representatives Touch OF Beauty Montlieu Ave
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