Stock Market Dips as Blue Chips Slip on Mellon Profit Take
The New York market shows mild profit taking with the Dow Jones 30 down 1.88 to 900.29 at noon while advances edge declines on the Big Board. Illinois Central Industries rises to 36% and Gulf Mobile Ohio merger is postponed as investigations into mutual fund activity loom.
MENTIONED IN THIS ARTICLE
New York
Levitz Furniture
New York State Attorney General’s Office
Securities and Exchange Commission
New York Stock Exchange
Illinois Central Industries
ICC
Illinois Central
Gulf, Mobile & Ohio
Gulf, Mobile
Associated Press
NASD Inter-dealer Prices Snapshot at 11 A.M.
Over-The-Counter bid asked quotations from the NASD reflect representative inter-dealer prices as of about 11 am. Markets shift through the day and prices exclude retail markups markdowns and commissions.
Cherry Files for NC Insurance Commissioner Nomination
Raleigh real estate man George B. Cherry Jr. filed Monday as the third Democrat in North Carolina for the insurance commissioner post. He joins George Belk and Russell Secrest. State Rep. John Ingram also announced plans to run.
MENTIONED IN THIS ARTICLE
Raleigh
George B. Cherry Jr
State Board of Elections
North Carolina
Cherry
George Belk
Greensboro
Russell Secrest
Cary
John Ingram
Asheboro
New York Stock Index at Noon Shows Small Drops
AP reports noon market figures for New York stocks with minor declines across major groups. Industrial, Transportation, Utility, and Finance indices edge lower as the market holds within narrow limits.
MENTIONED IN THIS ARTICLE
NEW York
Esa Coe
Ed Mendenhall Named President of Real Estate Federation
Ed Mendenhall has been installed as president of the American chapter of the International Real Estate Federation, an affiliate of the National Association of Real Estate Boards.
MENTIONED IN THIS ARTICLE
Ed Mendenhall
The
International Real Estate Federation
Federation
National Association of Real Estate Boards
Jefferson-Pilot declares quarterly dividend of 22 cents
Jefferson-Pilot Corp. Monday declared a quarterly dividend of 22 cents per share. The dividend will be payable on March 3 to shareholders of record at the close of business on Feb. 11.
MENTIONED IN THIS ARTICLE
Jefferson - Pilot Corp
Speech for the Executive course at UNCG opens registration
Registration remains open for a non credit course titled Speech for the Executive at the University of North Carolina at Greensboro. The class runs February 7 to April 24, meets Mondays 7 30 to 9 39 p m in Room 12 Taylor Building, and is led by Dr Herman Middleton with co sponsors UNCG Extension Division and the UNCG Department of Drama and Speech.
MENTIONED IN THIS ARTICLE
University of North Carolina At Greensboro
Uncg Extension Division
Uncg Department of
Herman Middleton
Taylor Building
Read Named Retail Advertising Manager at Drexel Enterprises
Stephen Read is appointed to the post of retail advertising manager by Drexel Enterprises announced by Fred M. Councill. Read, formerly sales promotion manager at Heritage in High Point, will report to William F. Doescher and move his office to Drexel’s headquarters in Drexel.
MENTIONED IN THIS ARTICLE
Stephen Read
Drexel Enterprises
Drexel
Fred M. Councill
Read
Heritage
High Point
William F. Doescher
FBI harassment alleged by CBS reporter Schorr case details
The article discusses pressures on reporters from government officials and officials’ displeasure with Schorr at CBS. The Washington Post reports Schorr was once a White House candidate for an environmental quality post, with the FBI inquiry tied to a recruiter’s discussions. Ervin seeks records on positions, orders, and the FBI’s information.
MENTIONED IN THIS ARTICLE
CBS
Washington Post
White House
T But Schorr
Council On Environmental Quality
Post
Schorr
Frederick V. Malek
FBI
Ervin
Swiss seek arrest warrants in Hughes biography fraud case
Swiss authorities issued warrants Friday for author Clifford Irving and his wife on falsification charges connected to 650000 dollars paid by McGraw Hill for an alleged Howard Hughes autobiography. District Attorney Peter Veleff said extradition could be sought if fraud charges exist. $422707 was frozen in a Zurich account likely under a pseudonym for Mrs Irving. Irving denies commenting as he faces U.S. grand juries while his wife claims she acted on Hughes instructions.
MENTIONED IN THIS ARTICLE
Zurich
Clifford
Irving
Dist. Atty
Peter Veleff
McGraw-Hill
Howard Hughes
Veleff
Jurname
Hannah Rosenkranz
McGraw-Hill Book Co
Hughes
Life Magazine
New York
Martin S. Ackerman
Helga R. Hughes
Protective Reaction Strikes Increase Over North Vietnam
SAIGON AP US planes conducted seven protective reaction strikes in two days, five Monday and two today, against SAM sites, artillery batteries and radar from the DMZ northward. North Vietnam fired three SAMs and artillery at recon planes and bombers aiding the Ho Chi Minh trail. All US aircraft returned safely, with results not disclosed.
MENTIONED IN THIS ARTICLE
Saigon
North Vietnam
U.S
Demilitarized Zone
Ho Chi Minh Trail
Laos
Dmz
South Vietnam
South
FTC demands documentation of cold remedy claims
The FTC ordered sixteen manufacturers of cough and cold remedies to prove that their advertising claims are substantiated within 60 days. The move follows a broader push requiring advertisers to back claims for products including dental, automotive, and household items. Companies like Warner-Lambert and Menley and James Laboratories said they can substantiate ads for Contac, C-3, and related products.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
FTC
Contac
Wey Nasel
Lief
Alka Seltzer
Warner-Lambert Co
Morris Plains
N.J
Menley and James Laboratories
Philadelphia
Subscription rates and policies noted for High Point NC
The notice lists carrier and mail subscription prices in North Carolina including .60 monthly 2.60 yearly and 31.20 for a year plus 3 percent sales tax. It states AP rights, second class matter status in High Point under 1879 act, and that carriers and distributors are independent contractors with the newspaper not responsible for advance payments.
MENTIONED IN THIS ARTICLE
Mobillil
NEW York
Colg Pal
Exchange
Koon Collins
Mohas
Monsant
CBS
Montdut
Aero Ma
Mont Pw
MorNor
ComiSolv
Motorola
Ark Best
Arklgas
Comsat
Mtstatt
Osamera Oil
Corp
Control
Cinerama
Cooperin
Nat Steel
Cox
Dixityn Corp
NewPow
Essex Chem 'Fen
CrowColl
Nengel
Felmort Oil
CrwnZell
Nine MP
Frontier Air
Norfolk
Dan River
Norris Ind
Gt Basin Pet
Dart Ind
No Am Phil
Husky
Normrk
Instrum
Northrop
Kaiser In
DetEdis
Norton
Wa _ Kin Ark Corp
Diam Sham
NortSim
Kinsird
Dillon Co
Lafay Radio U
Disney
OccidPet
Lee
Onioedis
Lina Tvat
Okla GE
LoeweThe
Duke Pw
Omarkin
A“ lMeCrory
Otis Elev
Midh
Aj auPont
Wa MidwFin
Va —_ Ve
Owen Cng
Milan Elect
Dynam Am Owen Til
Newldria Mn
Sal & NewPark
East
Air Lin Val
Palston P
Nor Cdn Oils Ale
FasKod
Loc Corp
Eaton
Ormand Ind
Echlin Mf
Ozark Airline
Ole Eg&g
Ms Pac Petrol
el Pasong
Nies Ws Il
PacPwl
Phoenix St
EltraCp
Buritan Fash
Panrk
Evans Pd
Yao
Penn Cent
PennDix
Penney
Statham Ins
Syntex
Fansteel Inc
Vikoa Inc
Phil Morr
VLN Corp
Phill Pet
Westates Pr
Pitmeyr
Wilshire
Fla Pwlt
Polarciad
Yates Ind
Associated Press
Publkind
GAC Corp
GAF Corp
Pullman
Gam Sko
Alu
We Questor
Gen Dynam
Ranco Inc
GenGlec
Gallety Raytheon
Veilus
New York St
Gen Tire Ibwe
Reviow
Roan Sel
Ad Millis
Getty O
Ld Mba
Rohr Ind
Gillette
Alte
Admiral
Glen Ald
Roy Ccola
AstaLte
RoyLut
Global Marin
Ryder Sy
Goodrich
Goodyr
Meway
Akrona
Grace
Stroem
AlcanAlu
Grant
West Allied Ch
SanFeint
AlliedStr
Tite Greyhound
CM Corp
Alcoa
AMBAC
Scott Pap
Halliburt
Harris
Shell
Shaen
Acrysug
Heclam
Signal Co
SinnerCo
Hercules
Smith
Ameipw
Meublein
Motors
Holidyinn
South Co
Soungeas
Asmelitr
Sperryr
Savared
AMF Inc
StBrands
AMP Inc
iganoPw
Kolisman Parl
Ampex Corp
Ideal Bas
Ancorp
INA
Swift Co
Aveo Corp
Systrom
Avnet
Iowa
Tampa
Baltge
Lowapsy
Tektronix
de BeatFas
Soe
Itex Corp
Teledyne
Beckman
Telex Co
BeechAar
Tenneco
An Jewel Co
JonnMan
Texaco
Bendix
Benguet
Beth Sui
Jostens
Boeing Co
Textron
KaisAlum
Gia Sas
Katy
Timken
Brunswen
Kayser Ro
Todd Ship
Bucy Er
Kennecott
Bude Coloae A
TriCon
Bunkr Ramo
Otso
TRW Inc
Koppers
Kraftco
Kresgess
UAL Inc
A Kroger
UMC
Lepvaiing Gan
Caro
Irte
CastieCke
Incust
LoewsCp
US Steel
CessnaAir
Ohio
LongisLt
Univ Oid
Chris Craft
Ts - Lvo Corp
Crrystr
Varian Assoc
Lykes Yagst
M—M — Vendo
Vy CitiesSoc
Macke
sy _Wa
Marcor
Wadir Lin
Martin M
WestgEl O
Woolwich
the ' Kerox Co
Zale Corp
Zenith
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Weard-Griffith Company
National Advertising Representatives
Hawke Seeks 4th District Seat for Second Run
Raleigh AP reports Republican Jack Hawke will again seek the 4th District seat after finishing second to Democrat Nick Galifianakis in 1970. Galifianakis leaves to run for the Senate. Hawke won 49 percent across Wake Durham Chatham and Randolph counties. Hawke is a Duke Law School graduate.
MENTIONED IN THIS ARTICLE
Raleigh
Jack Hawke
Hawke
Nick Galifianakis
Galifianakis
Senate
Wake
Durham
Chatham
Randolph
Duke University Law School
Also Mentioned on This Page
Stock Market Report
Pevrleey
Peiu Stis
Bmweeng
Solltum
American Furniture
Carolina Caribbean
Hardee's
Integea Life of
Carolina
N.C.N.B. Corp
N. C. Natural Gas
Ruddick
Ruddick-common
Wellington Hall
A.P. Stock
Ind
Ome
Util
Rails Ind Fgn. L
Industres Eee
DOW-JONES _Averages
NEW York Stock Index
Drexel Post
Dover Elevator Company
Monarch Greenthers “. C
Bou
High Point Enterprise
Seat
Federal
first FEDERAL SAVINGS AND LOAN /Association
N. Main ST
Jamestown
E. Main ST
Direct Investment
Wheat
First Securities, Inc
New York Stock Exchange, Inc
American Stock Exchange
N. Elm Street
First Securities
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