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High Point Enterprise in High Point, North Carolina

16 Dec 1971

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

Dec 16, 1971

Page

2

Wall Street Gains On Hopes Of International Monetary Accord

Stock prices rose strongly for a second session as investors anticipated progress toward an international monetary agreement. The noon Dow Jones average climbed 9.28 to 873.04, with advances outpacing declines over 3 to 1 on the NYSE. The AP 60 stock average advanced 2.7 to 317.0 as industrials and rails led gains.

MENTIONED IN THIS ARTICLE

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New York Finance Terms On Dividends And Ex Rights

A dense list outlines dividend types and related terms such as ordinary, extra, stock dividend, liquidating dividend, ex dividend, ex rights, warrants, and notices of distribution. It mentions timing like this year or last year and conditions including bankruptcy or foreign issues and tax considerations.

MENTIONED IN THIS ARTICLE

Bnenes
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NASD Inter-dealer Quotes at 11 A.M. Prices Snapshot

The NASD over the counter bid asked quotations reflect inter-dealer prices around 11 a.m. Markets vary through the day and prices exclude retail markups markdowns or commissions.

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State Sen Alley Seeks Reelection in North Carolina

Waynesville North Carolina AP reports State Senator D Alley has filed to run again in the Democratic primary. The 43 year old attorney rose to prominence as a freshman lawmaker this year by pushing legislation related to voting procedures and election timing.

MENTIONED IN THIS ARTICLE

Waynesville N.C D. Alley Aynesville
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New York Stock Exchange Noon Index Report

The AP provides a noon snapshot of New York market indices with modest changes. Industrial, Transportation, Utility, Finance, and overall market sections show minor gains and losses in tentative figures. Data reflect the day's trading activity and sector movements.

MENTIONED IN THIS ARTICLE

NEW York
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Price controls for medical and service industries raised by IRS review

The commission requires justification for fee hikes above 2.5 percent and IRS advance clearance for higher rates. Doctors and hospitals must post base price lists and inform patients they are inspectable. IRS spot checks and patient complaints will monitor compliance. Separately, the Federal Reserve reported November industrial production up eight tenths of one percent after October stagnation, signaling possible easing of the sluggish economy.

MENTIONED IN THIS ARTICLE

IRS Federal Reserve Board Lsme
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Davis-Martin Becomes Davis-Martin and Associates Inc

The civil engineering firm Davis-Martin, Inc. changes its name to Davis-Martin and Associates, Inc. The new name reflects the association with Ed Powell a NC registered engineer and former design engineer with Freeman Associates. Powell and his wife Nancy Moore reside in High Point with their two daughters.

MENTIONED IN THIS ARTICLE

Davis-Martiin and Associates Bob Davis Harold Martin North Carolina Ed Powell Powell Charlotte N. C. State University Wm. F. Freeman Associates Southeast Caribbean Nancy Moore Rockspring Rd High Point Powells First United Methodist Church
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Hanes declares 12 percent quarterly dividend

Hanes Corporation announces a regular quarterly dividend of 12 percent per share on common stock. The dividend is payable March 10 to shareholders of record February 18.

MENTIONED IN THIS ARTICLE

Hanes Corporation
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Two Americans Killed In Combat In Vietnam Week

AP reports U S and South Vietnamese commands tally weekly losses. Two Americans killed in action last week tied the lowest weekly U S toll in seven years, with 38 noncombat deaths and 56 wounded. North Viet Cong casualties reached 1,046, while allied totals show 45,619 Americans killed and 302,353 wounded in action.

MENTIONED IN THIS ARTICLE

Saigon U. S Vietnam U.S
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Trucks Collide On I 85 Near Warrenton NC

Two heavily loaded tractor trailer trucks collided on Interstate 85 north of Warrenton injuring both drivers and killing 19 cattle. Peter Subblet 31 of Richmond VA and William Asheley Johnson 48 of Goldsboro NC were hospitalized. The cattle truck began to pass the other when the second truck swerved and hit a bridge abutment.

MENTIONED IN THIS ARTICLE

Warrenton N.C Peter Subblet Richmond William Asheley Johnson Goldsboro W. R. ‘Vaughan
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Prisoner recounts 19 years in isolation in China

Richard Fecteau and Mary Ann Harbert, released from Chinese captivity, spoke to reporters in Philadelphia about long years in prison and the difficulties of rejoining life. Medical notes described eye trouble but no vision loss. Fecteau expressed a strong wish to return home for Christmas and be with family.

MENTIONED IN THIS ARTICLE

Philadelphia Richard Fecteau Fecteau Soilitary Mary Ann Harbert Hong Kong Miss Harbert Palo Alto Calif China Polly Harbert Mary Ann Valley Forge Medical Center U.S Miss Harber Peking
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Pirate attack triggers Cuban seizure of ship Johnny Express

Bahama Lines reports the Johnny Express with 14 crew including two Americans was taken in tow by Cuban patrol boats about 118 miles north of Cuba's east coast. U S Coast Guard says planes were sent for medical aid but cannot intervene as the ship, Panamanian registered, was attacked near Little Inagua in the Bahamas.

MENTIONED IN THIS ARTICLE

Oriente Cuba Bahama Lines Bajhama Lines Lyla Express Johnny Express Haiti Little Inagua Bahamas Francisco Blanco Villa Lee
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Stans accuses AP of distortion over foundation stake

Secretary Maurice Stans charges The Associated Press with distortion after reporting his private Stans Foundation holds Siam Kraft Paper stock tied to a U S loan. He denies personal profit, asserts no conflict of interest and calls the AP piece discreditable journalism.

MENTIONED IN THIS ARTICLE

Washington (Ap Maurice H. Stans Associated Press Thailand U.S Stans Stans Foundation Siam Kraft Penn Central Stans Foundation of Chicago
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New Hampshire Senator Endorses Muskie for President

Washington AP report says Sen. Thomas McIntyre of New Hampshire endorses Sen. Edmund Muskie, boosting his bid for the Democratic presidential nomination. The endorsement, announced in Bedford New Hampshire, could help Muskie in the March 7 Maine primary and bolster momentum toward Florida and other contests.

MENTIONED IN THIS ARTICLE

Washington Edmund S. Muskie New Hampshire Thomas J. McIntyre Maine Muskie McIntyre Bedford Senate Sen George McGovern South da Kota Sam Yorty Los Angeles New England Florida
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Prisoners to Be Released Early for Christmas

Governor Bob Scott shortened the terms of 272 inmates so they can be home for Christmas. Deputy Corrections Commissioner George Randall said release is set for December 22 for prisoners whose sentences would expire between December 22 and January 2.

MENTIONED IN THIS ARTICLE

Raleigh Bob Scott George Randall
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Also Mentioned on This Page

Stock Market Report American Exchange Fordign American Furn Carolina Caribbean Hardee's Life of Carolina Ncnb Corp N. C. Nat. Gas Public Service of N.C Ruddick Common Sou. Film Ext Wellington Hall A.P. Stock Riis Util Bond Averaves Rails Alley NEW York Stock Index Davis-Martin, Inc Davis-Martin and Associates, Inc Ching Cale High Point Enterprise High Point Enterprise, Inc Church Avenue Okly AP News Post Hema En Aroeps Posta Ward-Griffith Company National Advertising Representatives N.H Helidey Inn
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