Market Dips at Open Then Rebounds as Dow Near Yearly High
Stock prices opened lower amid profit taking with widely cited names like Rheingold Ford Bethlehem Steel Occidental Petroleum Litton Mobil and others showing mixed moves. The Dow Jones average rose 0.20 to 794.29 at the close after paring early gains, with volume at about 20.17 million on the NYSE and a small advance in the American Exchange index.
MENTIONED IN THIS ARTICLE
New York
Rheingold
Ford Motor
Bethlehem Steel
Occidental Petroleum
Litton Industries
Mobil Oil
Dow
New York Stock Exchange
American Stock Exchange
New York Stock Exchange Opening Prices Reported
The New York Exchange released selected morning prices with quotes spanning key indices and major listed securities. Investors tracked early movements across blue chips and notable equities as trading commenced.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Spoiled Ballot May Tie Vote In North Carolina Race
A spoiled ballot in Columbus Brunswick County state house race could yield a rare tie if valid. A recount in South Lee precinct showed Arthur Williamson with 19 votes to Thomas Harrelson’s eight, altering the pre canvass result by two.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Williamson
South Lee
Harrelson
State Board
Columbus County
State Elections Board
I the
White
Elections Board
General Assembly
J C Penney Q3 nets rise on 1970 gains in earnings
J C Penney reported a 1 cent quarterly net income increase to 60 cents per share as the 13 weeks ended Oct 31 yielded 31.19 million dollars. Sales rose 9.4 percent to 1.031 billion dollars, while nine month earnings fell 5.8 percent to 63.65 million and sales climbed 10 percent to 2.753 billion.
MENTIONED IN THIS ARTICLE
SingerCo
Ed “ Smith
SouPac
EasKodak la
Norris
Spartans
BatonYa
Sperryr
Eg&g
ElPaso NG
Squibb
EltraCp
NoStaPw
StBrands
Stolal
Northrop
StOllInd
Evans P
Occid Pet
StudWor
MS Fansteel Inc
OhioEdis
Oklangs
Swift Co
FedDeptstr
Olin Corp
Systron
Firesine
Onlin
Otis Elev
Flintkote
Tektronix
Va Fla
Owen Cng
FlaPwlkt
Tenneco
Texaco
PacPetri
Pac Ltg
Tex G Sul
Sieshee FreeptSul
PacPwl
Texasinst
Textron
PanAm WaAir
GAF Corp
Timken
Gam Sko
Penn Cent
Sma
Todd Sh
Penney JC
Transmra
Transitron
PennzUn
TriCon
GenMot
PepsiCo
TRW Incla
Pfizer
Phelps D
Phill Pet
UMC Ind
Gerber
Pitneyb
Polaroid
Glen Alden
UN PacCp
Global Marine
Goodrich
Goodyr
Keeles Grt A&p
Gt West Fint
US Indust
Me Ralston P
US PsyCh
Grumnit
Banco Inc
Ta US Smelt Ib
Es Grn Giant
Raytheon
US Steel
Greyhound
RCA
Vo Univo Pa
Grummncp
Rdig Bate
Univer Comp
Va Gulf Oil
A Reich Ch
Upjohn
Gifstat
RepubSt
Gulf Wn
Reviow
Varian Assoc
m+ Halliburt
Se ReynMet
Vendo Co
Wain : Harris Tnt
Roanst
VaeiPw
Hoff Electra
Roy Ccola
Wachova
Holidyinn
Roy Dutch
Ye WarLam
HollySug
Ryder Sy
Homestie
Safeway
Westg el
Sanders
Idea
Scenley
Whittaker
Woolwich
INA Cp
Scott Paper
Sears
Zale Corp
Zenith
Nick
Associated Press
T&t
Itek Corp
AetnaLfe
Mati ' Air Red
JonnMan
Arizona la
John John
Alleg Cp
Joy Mig
Alleglud
Alleg Pw
Ss Kalsr Alum
Allied Ch
Yal AlliecStr
Allis Chaim
Alcoa
Spa
KayserRo
AMBAC
Ee Kenncott
Hess
Am Airlin
Kimocik
Brads
Mae
Kraftco
Kresgess
Littonind Sot
AMF Inc
Lockheed Air
Ve Amp Inc
Loew Thea
Ampex Corp
Lone Scem
Anacon
Val Lonesga
Anch Hockys
Ancorp Svc
LongisLt
Armcos
LukensStl
Reer Armour
Ilvo Ck
Ashid Oli
Lyk Yng
Atl Richild
Macke Coce
Atlas Chem
Macy Rhae Ve
Atlas Corp
Magnvox
AvcoCp
Marath
Lve Avnet
Marcor
Beech Air
McGrwh
Bell How
Mead Corp
Bendix
Memorex Cp
Mercans
Merck
MGM
Boeing Co
Ve Monsant
VW Brunswk
Ma Montdut
Bucy Er
Mont Pw
Budd Co
MorNor
Bulovaw
A Motorola
Bunkr Ramo
CartWal
CastleCk
Nat Steel
Newmat
Ohio
Ning MP
ChiMil Spp
Norfolk
Soc
Clevenis
Pal
Collin R
Cbs
Colu Gas
Crean W
Vvay
New York
J. C. Penney Company
Adoane
Penney’s
Chrma
William M. Batten
Pres
C. L. Wright
Seminar on Advertising Agency Management in New Orleans
Dick Behrends executive vice president of Bennett Advertising Inc participates in a seminar on managing advertising agencies in New Orleans today and Thursday. The American Association of Advertising Agencies sponsors the event.
MENTIONED IN THIS ARTICLE
Dick Behrends
Bennett Advertising, Inc
New Orleans
American Association of Advertising Agencies
Nixon imposes $107 Million Freeze on Waterworks Projects
President Nixon orders a temporary hold on initial construction funds for 56 waterworks projects across the nation. The halt affects about $70 million for Army Corps of Engineers projects, $30 million for Bureau of Reclamation power and irrigation, and $7.4 million for TVA projects while he reviews future spending.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
Arizona
Office of Management and Budget
Budget Office
Army Corps of Engineer
Bureau of Reclamation
Tennessee Valley Authority
North Forsyth High suspends over two hundred students
More than 200 Negro students at North Forsyth High School in Winston-Salem were suspended after a confrontation with Principal Julian Gibson. Some readmitted, others sent home, buses briefly seized, as groups met to urge talks on grievances while maintenance crews retrieved buses.
MENTIONED IN THIS ARTICLE
Winston-Salem
North Forsyth High School
Julian Gibson
Gibson
Tractor Executives Travel to Spain for Torremolinos Meeting
Tom Glass and Gilbert R. Davis of Tractor Equipment Co. of Asheboro depart Monday for Torremolinos Spain. They tour with Massey Ferguson delegates and discuss upcoming collaborations.
MENTIONED IN THIS ARTICLE
Tom Glass
Gilbert R. Davis
Later Tractor & Equipment Co
Asheboro
Torremolinos
Spain
Massey-Ferguson
Warsaw Pact Leaders Meet in East Berlin Solidarity Summit
In East Berlin, Soviet leader Brezhnev and Kosygin with Poland Czechoslovakia Romania Bulgaria and Hungary faced damp weather as they met with Ulbricht to back East Germany's sovereignty. The talks aim to urge recognition of East Germany and push for an all European security conference before key NATO and Berlin events. Border guards slowed traffic to West Berlin in protest against CDU meetings, amid Brandt's treaty ratifications with the USSR and Poland.
MENTIONED IN THIS ARTICLE
Berlin
East Berlin
Walter Ulbricht
Leonid I. Brezhnev
Allexei N. Kosygin
Poland
Czechoslovakia
Romania
Bulgaria
Hungary
Ulbricht
East Germany
Europe
Brussels
Willy Brandt
Warsaw
West Berlin
West Germany
Christian Democratic Party
Brandt
Soviet Union
Pentagon defends Vietnam air strikes amid credibility concerns
Defense officials faced questions over U S bombing of targets near Hanoi and a POW camp in the Vietnam War as Laird cited limited disclosure. The Pentagon confirmed some air strikes after President Nixon disclosed them at a Thanksgiving event, leaving lawmakers unsatisfied with timing and candor.
MENTIONED IN THIS ARTICLE
U.S
North Vietnam
Laos
Saigon
Hanoi
Washington
Nixon
United States
Laird
Pentagon
Warrenton High School Walkout Triggers Trooper Standby
In Warrenton North Carolina highway patrolmen stood by as John Graham High School reopened after 75 to 100 black students walked out Tuesday. The crowd gathered in the auditorium where the stage curtain was set on fire and minor damage occurred.
MENTIONED IN THIS ARTICLE
Warrenton
N. C
John Graham
J. E. Rooker
W. A. Miles
Bob Scott
North Carolina
Also Mentioned on This Page
Stock Market Report
NEW York Exchange
Tizzy
By Kate Osann
Penney Report
Forsyth
Matic
Cambodia
South Vietnam
Defense Department
Red
E. Berlin
House OF Prayer For
Atlanta
High Point
Memphis
Asheville
Miami
Sun Coast
Union Bus Terminal
Lindsay St. High Point
N.C