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High Point Enterprise in High Point, North Carolina

11 Dec 1970

Page 2

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This newspaper page contains 13 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 11, 1970

Page

2

Market gains hold as Dow rises noon trading strengthens sales

The New York stock market edged higher in brisk trading. Dow Jones 30 industrials up 4.17 to 825.23 at noon. The AP 60-stock average up 1.4 to 279.3 with most groups rising, airlines weaker and certain sectors mixed. Major trades included Sterling Drug and Studebaker-Worthington. GM and Penn Central among notable movers.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange Associated Press Studebaker-Worthington Fannie Mae General Motors Travelers Penn Central Amex Nutronics Teleprompter Wilshire Amrep Bohack Helena Rubenstein Colotnist Monsant CBS Montdut MorNor Motorola Aeros Aerojet Aes Lin Corp Newberry Eouit Co Curtisser Newmat Felmont Mieremier Air Dart Ind UCD Ie Yeinoamrk Ve Deere Co Northrop NortSim Kaiser Det Steet Lee Diam Sham Dillon Co MidwsFin Disney M/Newldris Mn NewPark PDN Ormand Ind O'ln Corp Dressind Se Tarvin Statham Ins Ee Duke Pw Otis Thaw Syrattex duPont Se Technico DynaAm East Air Lin Pacge BasKodak 1A Pac Lig Eatonia PacPetri le Echlin Mf PacPwl Ve Eg&g Pacta&t Zipaseng Panoms Eltracp Pandm Wair Penn Cent Fair Hill FreeptSul Puliman Ao Questor Ralston P NZW York (Ap Admiral AetnaLife Sis Alleg Pw Am Motors Atlas Chem Atlas Corp Avco Co Borden BorgWar Cerro CessnaAir ChiMil Spp ClevElii Coca Col Collin R Igac Cp Igaf Corp Oteerdannett YeRancovic Raytheon GenMet ReichCh VelGnTelEl RepubStl Gen Tire Revion Genesco Reyn Ind ReynMet Gerber Roanst Gettyo Bohr Cp E— Me Sa\Gillette Roy Ccola Sd Glen Alden Roy Dutch Marin Ryder Sy EAP Bae BB Schering Scott Paper Halliburt Searsr Harris Shell Oi Sher SignalCo Smith Val Sony Holbyinn SruTale Hongwil South Co Seumgas Howmet Inger Rand IBM SunOll Lowa Psv Systron Donn Oo MA Wiss Itek Corp Tampa Ei Jewel Co Tektronix John Man Teledy John Jonn Telex Co JonLoan Temneco al Texaco Texaco Fe Ogg KimbCik Veikrafico Micronemia Kresge L— ‘Trw Incla Va LearSieg Ieee A UnonCal Lingtvt Tin Pac Co Littonind Sot Union Pac Lockheed Air Uniroyal Loew Thea Y Unit Air Lukens LVO Corp Marath Sel Varian Assoc Marcor VaziPw Martinm Wstn Air Lin Mead Corp Wn Banc Melv Sh al Ma WnUnion Memorex Cp Westg Mercant Weyerhs Merck WhirlCp MGM Whittaker Maya Microdot WhieMor Mophont Xerox Cp Zale Corp Iee Zenith
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New York Stock Prices Mixed In Late Afternoon Trading

An Associated Press stock roundup shows varied results across sectors with listings for American Stock Exchange issues, large caps like Motorola and Coca Cola, and numerous industrials. The report notes fluctuating highs and lows with several shares ending near prior levels amid a broad market backdrop.

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Death trap area near My Lai described by captain

Army captain at Fort Benning testified the area near My Lai 4 was a death trap for American soldiers during a February 1968 operation 1,500 meters north of the village. He recalled heavy fire from Viet Cong, mortars, land mines, and bouncing Betties as Calley’s unit prepared to assault the village. He noted American-made mines and a fortified tunnel, while describing ongoing Viet Cong activity despite retreat. The testimony came during William Calley’s court martial over the March 1968 killings of 102 civilians.

MENTIONED IN THIS ARTICLE

FT. Benning, Ga My Lai 4 William Calley George C. White Ft. Benning Calley White Ft. Rucker Ala Pinkville Gislang My Lai U. S Carl Edward Creswell Creswell George Latimer
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Stock and Bond Averages Compiled by The Associated Press

The AP compiled stock indices and bond averages with figures for noon Friday and comparisons to prior days weeks months and years. Data include Rail ind Utilities and Financials with highs lows and yearly changes.

MENTIONED IN THIS ARTICLE

Om Ind Rails Otil Associated Press Ralls Ind. Util, Fon. L Wee Cow
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Dow Jones Averages Mixed Amid Sector Shifts

Market snapshot shows fluctuating Dow Jones indices with transports and utilities trading unevenly. Industrials edge higher while rails sectors report varied gains and losses in late session figures.

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New York Stock Exchange Index Report At Noon

Noon NYSE index details show modest gains across sectors with slight advances in industrial transportation and utility groups. Finance and related sectors reflect minor changes, indicating a subdued trading session.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange Ia Cdha Ccs
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Senator Russell Is In Hospital

Senator Richard B. Russell of Georgia is under treatment at Walter Reed Army Hospital for a respiratory infection.

MENTIONED IN THIS ARTICLE

Senator Russell Washington Richard B. Russell D-Ga Walter Reed Army Hospital
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SST Filibuster Threat Halts Adjournment Plan

Congress braces for a prolonged fight over the transportation department appropriation bill as a SST funding clash triggers a possible filibuster. Senate leaders warn adjournment by next week is unlikely while Proxmire Nelson and others threaten extended debate to block or alter the 210 million SST funds.

MENTIONED IN THIS ARTICLE

Washington Mike Mansfield D-Mont Congress Senate House Transportation Department Nixon House Senate Mansfield Conference Committee Wisconsin William Proxmire Gaylord Nelson Edward M. Kennedy Dmass Proxmire
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No Americans Killed Thursday in Indochina Wars

Saigon reports no American fatalities on the Indochina battlefield for the day, marking the ninth day this year without combat deaths. South Vietnamese forces reported 81 North Vietnamese and Viet Cong deaths in the Mekong Delta and near Krek as Rangers clashed with the 7th Division amid road-clearing operations.

MENTIONED IN THIS ARTICLE

Saigon Indochina U.S Mekong U Minh Delta Krek 7Th Division
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Nixon urges textile quotas to save U S jobs and limit imports

President Nixon advocates restricting quotas to textiles to protect jobs, warns that limiting shoes and other goods would cost more jobs. He notes ongoing U S Soviet talks and argues both nations must curb nuclear arms and seek agreement in Berlin and the Middle East. He says U S policy toward Red China will not change despite UN voting.

MENTIONED IN THIS ARTICLE

Nixon United States Soviet Union Berlin Mideast United Nations U.S Red China Peking
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State plan to acquire Bald Head Island mapped

North Carolina officials say Governor Scott will propose a funding plan to buy Bald Head Island from Carolina Cape Fear Corp for development as a resort. The study by Research Triangle Institute lists four potential uses education recreation research and suggests combinations possible with varying intensity. The plan could use general assembly funds federal aid or private money or a mix of sources.

MENTIONED IN THIS ARTICLE

Roy Sowers Jr State Department of Conservation and Development Southport State Board of Conservation and Development Wilson Scott Research Triangle Institute Carolina Cape Fear Corp North Carolina Sowers C&d General Assembly
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Rivers to undergo heart surgery in Birmingham

Rep. L Mendel Rivers chairman of the House Armed Services committee was scheduled for heart surgery in Birmingham Alabama. Dr John Kirklin a cardiovascular specialist said a report on the operation and the congressmans condition would be released later today.

MENTIONED IN THIS ARTICLE

Birmingham Ala L. Mendel Rivers D-S.c House Armed Services Committee John Kirklin
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Vietnamese Incident With Firearm in Vietnam Shootings

The report details a street event near a school in Vietnam where a soldier fired a rifle at Minh while the truck passed by, causing his death as onlookers claimed various accounts. Officials later described the incident as an accidental discharge during a chase for a stolen fire extinguisher and a bystander’s death. A separate note mentions Rivers at the University of Alabama Medical Center undergoing tests for a heart condition and possible surgery.

MENTIONED IN THIS ARTICLE

Minh le Minh Duc U.S Vietnam
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Also Mentioned on This Page

Snesee Stock Market Report American Exchange NEW York -Exchange Divisa Dain Alata bin li Geng SxgisTriguTion A&p Greyhound Gulf A.P. Stock Dow-Jones SRS Eponmees Eisa Oetts NEW York Stock Index SST Cambodia Phnom Penh Defense Ministry Rivers Texas University of Alabama Medical Center Charleston S. C Shigh Point Enterprise Rey
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