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High Point Enterprise in High Point, North Carolina

02 Dec 1971

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

Dec 02, 1971

Page

2

Stock Prices Slip as Profit Takers Step In

The Dow Jones industrial average fell 2.19 to 843.82 at noon with declines leading advances on the Big Board. The AP 60 stock average slipped .8 to 304.8 as oils and steels held steady and most sectors, including rails and utilities, eased.

MENTIONED IN THIS ARTICLE

New York Dow Gillette Shell Oil Associated Press Bulovaw MGM Va MinnPet MobilOil Cadence Ind Cal Finant VM Monsant Aerojet Montdut Mont Pw AO Indust MorNor CastieCke Mtstatt Barnes Eng e + Ve CaterTr N—N — Barnwes Ind Va Celanese A . Nabisco Natcashr Cert-teed Certron Cp CessnaAir Cinerama Va Cfi Creokp Ches Orio Ya Data Control Dillard ChiMil Spp Nat Indust Dixilyn Corp Ve Chipneyt Nat Steel Chris Craft NewPow Itis Felmont Oil Newberry Nengei Frontier Air Atnet ClevEllis Gen Plywood Cocac Collins Norfolk Va Husky Oil Coloinist CmbEn Kennecott ITI Corp Nongas Jamesway ComiSol v NoStaPw Jetronic Ind ComwEd Northrop Kaiser Nwst Air 405 Kin Ark Corps Kingsford Norton Lafay Radio Lee Ent Ye NortSim Air Lin Corp Marshal Ind Va McCrory Midh Sug Olin Corp Omarkin Milgo Elect Val Otis Newldria Mn Cowles Com NewPark Mn Ie Owen Cng Nor Cdn Oils Cox Bdcst Owen Ill Nuclear Am CPC Intl OKC Corp CrouseHind Ormand Ind CrowCell Pac Ozark Airline Crown Cork PacPetrol CrowZell Pac T&t Permaner Curtisswrt Phoenix St Puritan Dan River Penn Cent Penn Dix Scurry Rain Penney Jc Statham Ins Va Deere Co PaPwLt Syntex PennUn Delta Air PepsiCo Pfizer Phelps Diam Sham Va Viewlex New York Stock Fillon Co PhilMorr Vikoa Inc Ve Exchange Disney Phill Pet VLN Corp E Niversind Pitney B Westates Ptl Pepter Ae Wilshire Admiral auBeant Sa AetnaLfe Pullman Arizona Evans Eondael Inc Rohr Ind Royccola Ryder Sanders Asso At&t T&t SanFeint AMF Inc AMP Inc Eure M ScherPia Ampex Corp SeherMcKs SCM Corp Scoa Ind Ancorp ApecoCo GAC Co Searsr Arch Dan ShellTr Gannett Signal Co fenFler SingerCo Pantritts Smith KF Atlas Corp CanMot Avco Corp G Pontit G Pontit 1.40 10) 21! "1% 22 + Ve SCar EG 1.33 Sony Co Southn Pac Me Beckman Beecher Squibb Bell How A&p Boeing Co Stauf BoisCas Borden BorgWar Greyhound Stevens Gulf Oil Swift Co Halliburt Systron Harris Tampa el Tektronix Teledyne Va Hercule Telex Co Tenneco Texaco Timken IdanoPw Vaill Cent TRW Inc UnOilCal UN Pac Co N Tek Corp M— Ye Jewel Co JohJon Us Indust LoneStarin Us Steel Lonesga Marath WstAir Marco Wn Banc Mar Mid WnUnion Martin Maytag WestghEwi McDond Weyerhs WhitFry Mead Corp Xerox Zale Corp Zenith Serene
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A.P. Stock Averages Definitions and Notations

List of stock dividend types ex dividend ex distribution and related terms for 1971 and prior periods. Entries cover regular issues liquidating distributions and special cases including foreign tax, accumulative issues, and warrants or rights.

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NASD Inter-Dealer Quotes Show Morning Bid and Ask Figures

Inter-dealer prices as of about 11 a m are listed with bid and ask quotes for multiple securities. Figures exclude retail markups and commissions. markets shift through the day and exact spreads vary.

MENTIONED IN THIS ARTICLE

American Furn Carolina Caribbean Hardee’s Integon Life of Carolina Ncnb Corp N. C. Nat. Gas Public Service of N.C Ruddick Pref
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Cambodian fighters rescue downed pilot Moore in Vietnam

Cambodian warplanes pounded enemy positions as ground forces guided rescue by radio. Armored personnel carriers pushed through North Vietnamese lines to extract Moore, then a Jolly Green giant flown by Capt. Stephen Tyler carried him to Bien Hoa. Moore said the day went his way aside from injuries.

MENTIONED IN THIS ARTICLE

Ing Moore Stephen Tyler Los Angeles Bien Hoa Air Force
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Pay Board Approves Textile Wage Hikes Violate No Rules

The Pay Board said textile firms may grant raises without approval if within the 5 percent guideline. Firms with 5,000+ workers must notify of increases, but boosts aligned with past practice and regulations may proceed pending review. J P Stevens and Burlington Industries cited unspecified raises and approval requests.

MENTIONED IN THIS ARTICLE

Washington J. P. Stevens, Inc Burlington Industries
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Price Commission limits pass-through of wage hikes

The Price Commission warned firms they cannot pass the full cost of wage increases to customers. It cut Old Ben Coal Co.’s proposed 6.71 percent price rise to 3.78 percent after a 9.6 percent wage- hike pass-through was approved, signaling ongoing scrutiny of wage settlements and future pricing.

MENTIONED IN THIS ARTICLE

Washington The Price Commission Commission C. Jackson Grayson Nixon Old Ben Coal Co Standard Oil of Ohio Old Ben United Mine Workers Carl E. Bagge National Coal Association Senate House General Motors
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Nixon-Aide Meet With Mrs Meir Seeks Middle East Understanding

Prime Minister Golda Meir and President Nixon meet to ease U S Israel tensions over Phantom jet bombers and Middle East security. Secretary Rogers says Phantom deliveries may not resume, while Meir signals readiness to restart peace efforts and keep diplomacy alive amid fears of Soviet arms to Egypt.

MENTIONED IN THIS ARTICLE

Endre Marton Associated Press Washington Golda Meir Israel Nixon Rogers Egypt Middle East United States Suez Canal
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Ex-GI and wife receive suspended sentences in drug case

Robert and Rebecca T'Souvas, once linked to the My Lai inquiry and later discharged from the Army, were sentenced to three years suspended on marijuana possession charges. They had spent eight months in Jefferson County Jail after police found 13 pounds of marijuana in their car. They may live with T'Souvas' parents in San Jose while the defendant pursues work and night school.

MENTIONED IN THIS ARTICLE

Birmingham Ala My Lai Robert Rebecca T’souvas Jefferson County Ma‘ijuana T’souvases T’souvas Rebecca Atlanta Asst. Dist Don Russell Circuit Court Wallace Gibson Gibson San Jose Calif California
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Dollar Plunges on Europe Markets After Devaluation Hints

On European exchanges the dollar fell to record lows as rumors of possible devaluation spread. Paris and London banks bought dollars to slow the drop while Swiss banks capped dollar deals at one million per customer. The downturn followed reports from a Rome meeting of wealthy Western nations.

MENTIONED IN THIS ARTICLE

London Paris Switzerland Rome United Washington Nixon Frankfurt Zurich
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Government labor talks seek retroactive raises debate

Senate and House clashes over retroactive pay provisions for federal workers and teachers mark a contentious session as negotiators push for raises within a 5.5 percent guideline. White House concerns persist while labor groups anticipate retroactive gains amid monetary realignment with devaluation talks and currency shifts across Europe.

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Dodgers Make Bold Moves Acquire Robinson and Trade Allen

Los Angeles Dodgers pull off two major trades. They send Richie Allen to the Chicago White Sox for Tommy John and Steve Huntz, and obtain Frank Robinson from the Baltimore Orioles with Pete Richert in exchange for four prospects. Robinson, 36, hit .281 with 28 homers and 99 RBIs last season and has led club to multiple pennants and a double MVP record.

MENTIONED IN THIS ARTICLE

Phoenix Ariz Los Angeles Dodgers Frank Robinson Richie Allen Dodgers Allen Chicago White Sox Tommy John Steve Huntz Los Angeles Robinson Baltimore Orioles Pete Richert Orioles
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Importer Recalls Le Roitelet Cheese Over Bacteria Risk

The FDA announced a recall of Le Roitelet camembert and brie cheeses in 4 and 8 ounce packages after reports of 143 illnesses and three hospitalizations from gastroenteritis. Anco Cheese Import of Elmsford NY distributed the product to about 100 wholesalers, with retailers unknown. return to the store is advised.

MENTIONED IN THIS ARTICLE

Washington Food and Drug Administration FDA Anco Cheese Import Elmsford
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Tar Heels Vote For Exemptions

Washington AP North Carolina Senators Sam Ervin and B Everett Jordan voted with the majority as the Senate approved an amendment to the economic controls bill exempting newspapers broadcasting and magazines and their employees from wage price controls The Cranston amendment passed 50 to 36.

MENTIONED IN THIS ARTICLE

Despie Senate Pey Board White House Afl-Cio House Committee Nixon Alan Cranston D-Calif Washington North Carolina Sam Ervin B. Everett Jordan
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Katharine Hepburn Leaves Massachusetts General Hospital

Actress Katharine Hepburn exits Massachusetts General Hospital for an undisclosed location after a stay that began on the first Friday. A hospital spokesman says she had no surgery but underwent multiple tests.

MENTIONED IN THIS ARTICLE

Boston Katharine Hepburn Massachusetts General Hospital Miss Hepburn
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Also Mentioned on This Page

Anwe Stock Market Report Linda Rubey A.P. Stock Cairo pVten Miuidanae of Ind Rallis Util Ralls Ind. Util Fgn. L.Y NEW York Exchange Dow-Jones NEW York (Ap New York Stock Sxcnange Seereree By Mike Shanahan Tar Heels High Point Enterprise High Point Enterprise, Inc Church Avenue High Point N.C Okly Ward-Griffith Company National Advertising Representatives
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