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High Point Enterprise in High Point, North Carolina

23 Aug 1973

Page 2

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This newspaper page contains 14 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 23, 1973

Page

2

Market rebound seen as technical relief after week-long slide

The Dow rose 9.33 to 861.23 at noon with advances outpacing declines on the NYSE. The broad NYSE index gained 0.49 to 54.04 and the Amex index added 0.03 to 22.77 as investors awaited further guidance. Analysts cited oversold conditions and a favorable news conference as triggers.

MENTIONED IN THIS ARTICLE

NEW York New York Stock Exchange American Stock Exchange Manowa Risor Paine, Webber, Jackson & Curtis Larry Wachtel Bache & Co Amex Syntex Texetr Texasgif Ve Textron Thiokol Thriftyd At&t Aten Itek Corp Timlin Amt&t Trans W Air JhnMan TriCon Va Ampex Corp Johnson ApecoCp Ostens UAL Inc Se 'ArchDan JoyMig UMC Ind Armcos KaisAlm Kangel Richfi Upaccp Katy Ind Uniroyal Val Kayser R Unit Air 1 Avnetinc Avco Corp Kellogg Unit Brands Bma Va Kennecott Unit Cp Kerrmg Babckw Ta Knight N US Ind Balge A Koppis US Steel Kraftco UnivOil Kresger Upjohn Kroger UV India Bell How Beecha Va Bendix LearSieg Varian Asse Benguet Vetco Wa BethSt LehVal Ind Va Epw Lehmn Boeing E— Va Levitz Furn Wachova Boise Cas LOF Warnl Borden Libbmcnl Waswp BigWar LiggMy WhelFry Bulova W LogisLt Vg Whirlpol Vr BankRale LTV Corp Va White Motor Ve Burl Va Whittaker BurlNor LukenStr Y Williams Co Burrghs LVO Corp Macmil XeroxCp Lva Macy RH Marato Castle C Marcor Ie CaterTr MeadCp MGM Chris Craft Mobile Monsanto Clarke MonPw Asamera O CocaCol MorNor Banstrodl Lt Colg Pal Motorola Siva Collins Barnes Eng Wat Va Cbs Nabisco ConJvin NatAirl Certron Cp Wat Cinerama Isteres Comsat Creolp Nat Genl VM Ve ConsuPon NatGyp Essex Chem Air Lin Natind le Nt Steel Nat Tea VW Frontier Air Natomas Aia Es GiantTel Hormelg Nenge Husky Oil NorfkWn Jetronic Ind Northrop Kin Ark Norton LoewThe NorSim Ltvcorp Marshal Ind del Mat Medenco DeltaAir Dennys N's Ookage Okang A Milgo Elect A Milgo Elect Newldria OiiCorp Wa Va Disneyw Omark Newpark As Sa OtisElev OutMar Ae NorCdn Olls S DowChem OKC Cp Ormand Ind Phoenix East Air Ln PacPetrl OG i Ebasko PacPw Resrtsindl A Pactt le Seal Eaton PanAm Air Echlin Panep Eipasong Pasco Inc Statham Ins EltraCp Penn Cent PennDx Esmark Penney Exxon Pepsico Pfizer Westats Pl Wilshro PhilaEl Yates Ind PhilMor ZimHom PhillPet Associated Press Sa Firstone Questor Formck Finkin M Ralston P Freeptm Ranco Fruehl RapdAm Raythen RCA RdgBate Gam Sk Gannett Rockwil Rohr Ind GenTire Royccol Gillette Goodrich Goodyrtr Grace AtlPac GrenGrant Harris Heublein HoerWal Momestak Honywil Househf IdealBas Ingerr DillonCe Ib IBM T&t Iowa Iwapsy
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Exchange- New York dividend terms explained with codes

American Stock Exchange outlines dividend rate conventions and a long list of codes for regular and special payments. The glossary covers annual disbursements, stock dividends, ex dividend dates, and actions like accretive issues, splits, and bankruptcy statuses.

MENTIONED IN THIS ARTICLE

Filinuinna Fanmatoe
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NASD Inter-dealer Quotations at 11 A.M. Report

Quoted bid asked quotations from NASD represent inter-dealer prices as of about 11 o clock this morning. Markets shift through the day and prices exclude retail markups markdowns or commissions. The High Point office of E F Hutton & Co Inc provides the quotations.

MENTIONED IN THIS ARTICLE

High ‘Point E. F. Hutton & Co. Inc
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Skylab 2 astronauts cleared for longer space walk

Skylab 2 crew Alan Bean Owen Garriott and Jack Lousma received medical clearance to extend their stay and conduct a four hour space walk on Friday. The team may remain in orbit until at least August 31 extending beyond Skylab 1’s 28 day record and focusing on ongoing medical monitoring and exercises.

MENTIONED IN THIS ARTICLE

Howard Benedict Aerospace Winter Space Center Houston Skylab William C. Schneider Alan L. Bean Owen K. Garriott Jack R. Lousma Schneider Earth Bean Garriott Lousma
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New York Stock Exchange Index at Noon

The Noon New York Stock Exchange index report provides a snapshot of market performance in New York. Traders watch gains and losses across major stocks as prices move with intra day activity and headlines.

MENTIONED IN THIS ARTICLE

NEW York New York Stock Exchange Index
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Market Summary Shows Mixed Dow Jones Movements and Bond Activity

Across indices trading showed small gains with the Dow Jones advancing modestly while transports and utilities posted fractional changes. Bond yields remained steady as traders watched European trade figures and currency effects on the dollar.

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High Point Enterprise Rates and Publishing Details

The High Point Enterprise announces subscription rates for daily and Sunday editions, with annual, semiannual, quarterly, monthly, and Sunday only plans. It notes carrier delivery by independent contractors and disclaims responsibility for advance payments to carriers. The paper is published in High Point North Carolina and is an AP member.

MENTIONED IN THIS ARTICLE

High Point Enterprise, Inc Church Avenue High Point N.C Associated Press Ward-Griffith Company National Advertising Representatives
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Swedish King Gustaf VI Adolf Improves After Respirator

In Helsingborg Sweden the 90 year old king Gustaf VI Adolf with a gastric ulcer and pneumonia was placed on a respirator after surgery. A midmorning bulletin said he responded positively to treatment and X rays showed clear improvement.

MENTIONED IN THIS ARTICLE

Helsingborg Sweden Gustaf VI Adolf
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Judge halts Polk County rock festival with injunction

Circuit Judge Virgil Carmichael issued a temporary injunction blocking the Labor Day weekend rock festival planned by D. C. Manifest Inc. of Evansville, Ind., citing public nuisance and health risks with an October trial set to determine permanency. Promoters must inform the public the event will not be held. The action follows a state permit denial and scrutiny of festival conditions and footage shown at the hearing.

MENTIONED IN THIS ARTICLE

Byron Davis Associated Press Benton, Tenn Virgil Carmichael Polk County Carmichael Dist. Atty Richard A. Fisher D. C. Manifest, Inc Evansville Ind Fisher Frank Wilson U.S. District Court Chattanooga John Alley Joe Bagnel White Wilson Alley Bagwell New York Georgia Illinois Donald R. Palmer Indiana C. C. Manifest
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Kissinger to Be Secretary of State Boosts U S Foreign Policy

Kissinger’s nomination to replace Rogers positions him to break diplomatic stagnation and project a comprehensive Nixon policy. A State Department source says the move signals presidential resolve and a stronger role in Congress. As secretary and national security adviser, Kissinger would be a powerful, non elected voice shaping foreign affairs.

MENTIONED IN THIS ARTICLE

Washington Henry A. Kissinger Nixon Kissinger William P. Rogers State Department Watergate White House Congress Congressional Senate Rogers Capitol Hill
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480 Mental Patients Released

A North Carolina state official says more than 480 patients have been released from mental institutions after file reviews under new admission rules effective Sept. 1. Secretary David Flaherty notes many may be treated at home or in halfway houses, with youths among the releases. Mental Health Commissioner Zarzar warns drastic changes as procedures shift to judicial determinations by magistrates and district court judges.

MENTIONED IN THIS ARTICLE

Raleigh State Department of Human Resources David Flaherty human_resources Flaherty N. P. Zarzar
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Dollar Gains In Market as Gold Declines Across Europe

The U S dollar strengthened across London Paris Frankfurt and Zurich amid low trading volume. Gold fell as higher interest rates drew funds from bullion and optimism about U S trade figures and Watergate hearings supported the dollar.

MENTIONED IN THIS ARTICLE

London U.S Paris Frankfurt Zurich
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Nixon defends clemency talks as Dean testimony unfolds

Nixon described his recollection of alleged clemency discussions with Dean and said he warned about blowing his stack if told. He claimed Dean agreed clemency was impossible and discussed exposing the story. Senate testimony referenced FBI caution and possible CIA implications in White House affairs.

MENTIONED IN THIS ARTICLE

Mitchell Becauss Dean Senate Nixon E. Howard Hunt John FBI Gray White House Central Intelligence Agency CIA
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Lawyer Wright Warns of Broad Surrender Precedent

Wright argues that ruling Sirica could compel the President to surrender confidential documents would set a nationwide precedent affecting about 400 federal district judges. He says some would interpret the precedent narrowly while others fear a broader reach.

MENTIONED IN THIS ARTICLE

Wright Sirica
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Also Mentioned on This Page

Stock Market Report Deborah M. Rankin ScottPap Seacl Searle Searsr Shell Oil Sherw Singer SmithKline SonyCo Scareg Qi SouthCo StaufCh SterDrug Stevens Telex Cp Tenaco Texaco NEW York Stock Index Dow-Jones Cits Indus Atils Smee Sasgederbe Amer, Furn Anheuser-Busch Atlantic Pepsie Bassett Furn Bluefield Sup Cameron Fin, Corp Carolina Carib Cato Chatham Mfg Coca-Cola Bill Daniel Intl. Com Diamond Corp Henredon Hickory Furn J. B. Ivey International Ncnb Corp Im- N.C. Nat Nwstra, Inc Phillips Fescue Piedmont Avia Piedmont Reit Germany Rex Plastics NEW York Exchange Airco Arizona AlcanAlu Am Motors Asmstr AmStand A.P. Stock TOCK Railsuit Thi Associated Press Rails Ind. Util. Fon L. Yd High Point Enterprise By Kenneth J. Freed Zarzar W. Roland Albertson, C.L.A Mass Mutual W. Roland Albertson C.L.A Jon W. Meadows Greensboro, North Carolina Massachusetts Mutual Life Insurance Company Springfield Massachusetts
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