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High Point Enterprise in High Point, North Carolina

03 Feb 1971

Page 2

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Feb 03, 1971

Page

2

Market mixed as Dow edges down at midday trading

Stocks drifted with no clear direction as heavy volume continued. Dow Jones average fell 0.69 to 873.90 while the Associated Press 60-stock index slipped 0.4 to 303.5 amid a flurry of large block trades on the New York Stock Exchange and Amex listings showing modest gains and losses.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange Associated Press Dearborn Computer & Marine Amex Philips Industries Phillips Petroleum National Telephone “N Career Academy Rath Packing Solitron United Brands Syntex Nytronics Rolls-Royce Comwe Monsant Comsat MontOnt MorNor Connatg Motorola Conti Corp Nat Airlin Nat Can Cooperin Natcashr Nat Distil Cowles Com Val Cox Nat Gyp CrouseHind Natindust CrowColl Vv Crown Cork Nat Steel CrwnZell Nat Tea Natomas Curtiss Wr Niaga MP Dart Ind Norfolk NavcoCo Norris Neere Co Noamrkk del Mate Delta Air NoStaPw DetEdis Vq Northrop Dillon Co Disney Norton NortSim Siva Miversind Eulihoe E Dressind Okla GE E Ok'angs Duke Pw Ve Olin Corp duPont Se Vai Pi. Eatony Fechlin Eg&g Lpasong PacPetr EltraCo PacPwl Pac T&t Panams PanAm WaAir Frhyvl Co Penn Cent Sain Penn Dixie Penney JC PaPwlLt Fansteel Inc PennzUn PepsiCo Pfizer Phelps D Phila el PhilMorr Phill Pet Pitrevr Publkind Pueblo Puas PL Ma Pullman GAF Corp Panco Inc Readina Co Ada Bate Admiral Genesco Val Peich AetnaLfe RepubSt Gerber Revion Arizona la Reyn Ind Gillette PeynMet Ywiglen Alden RoanSel Pohr Co Roy Ccola Allied Ch Roy Dutch O's Allied Grace Ryder Sy Wa _ Allis Icallie Ambac Wewmart A&p Safeway Am Hess Gt West Fint St Joe Min Am Alrlin St. Saf Brnds StRegist Sanders Asso SanFeint A Ameipw Gifstutt Schenley SchrgPig Gulf Wn SCM Corp Scoa Inc Miticix Scott Paper Am Motors Maris Int HeclaMnir Sbcl Searlgd Hercules Searsr Shell At&t T&t HoernWal AMF Inc Hoff Electrn nNon Ve SinnerCo H Amp Inc van Smith HollySug Sony Co Ampex Corp Anacon Honywil Anch Hock South Co Ancorp Sve Arch Dan Sou Pac Idaho Ideal Bas Sauibb Ve Atlas Corp Inaco St Brands Avco Corp Kolisman Avnet Inc Inger Rand Stoical Rabek W Stevens Va Beckman T&a Lowa Reef Itek Corp Swift Co Jewel Co Riock John Man Tampa el Boeing Co Ty Jonnson Tektronix BoisCas JonLog N Teledyne Borden Jones Lau Telex Co BorgWar Tenneco Texaco Brit Pet Texas Budd Co Thiokol Bulovaw Bunki Ramo Katy Ruri KayserRo Timken Kenncott Todd Sh KimbCik Transmra Anti Koppers Transitron Cadence Ind Kraftco TriCon Cal I. CarrierCp Union Pacif CFI Stlaa Lockheed Air Tate Corp Ches Ohio Q Loews Corp we + Mi Aaa ChiMil Spp Lonescem Lonesga Chris Craft Bucky St US Steel A CitiesSvc Hon ‘Vy lLvo Corp Univo Pd Clark Eq Tniver Comp Ve ClevElill Ye jLykes Yngst Coca Col Macke Co Iva Colg Pal Macy RH Varian Assoc Se Clolins Rad CBS Marath WstrAir Maytag M's Weyerhs Memorex Cp Ve Merck Whittaker Xerox
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Apollo 14 still on the Moon voyage toward Fra Mauro

NASA reports Apollo 14 crew Shepard Mitchell and Roosa continuing lunar operations. They orbited into the Moon’s sphere of influence and prepared for a highland descent while monitoring power and oxygen systems.

MENTIONED IN THIS ARTICLE

Mission Control Center Shepard Mitchell Mission Control Moon Earth Stuart A. Roosa Lunar Roosa Antares Fra Mauro
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Pension Welfare Bills Awaited in Washington

Congress faces pressure to speed up welfare reform as the Ways and Means Committee reopen s consideration of Nixon plans. Secretary Richardson proposes a family assistance plan with work requirements and a 6 percent Social Security increase along with automatic cost of living adjustments and higher payroll taxes for high earners. Debate focuses on medicaid and medicare cost controls plus a cash benefit shift from food stamps and a proposed automatic Social Security tax rise tied to earnings.

MENTIONED IN THIS ARTICLE

Washington Nion House Ways and Means Elliot L. Richardson Wilbur D. Mills Richardson Nixon Mills HEW
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A.P. Stock Averages Report From New York Noon

Market report details midday stock averages with mixed results across industries. The bulletin lists notable industrials and index levels, noting small gains and losses among key components.

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Lambert Named Marketing Manager at Westinghouse Electric

David M. Lambert of High Point has been appointed marketing manager for Westinghouse Electric Corporation's electric service division. A 1952 Westinghouse hire after NC State University, he held sales roles in Miami Charlotte Asheville and Greenville before his promotion. The division, based in Pittsburgh, offers field engineering installation startup and maintenance in utility industrial marine and construction sectors.

MENTIONED IN THIS ARTICLE

David M. Lambert Westinghouse Electric Corporation Lambert High Point Westinghouse North Carolina State University Raleigh Miami Charlotte Asheville N. C Greenville S. C Electric Service Pittsburgh
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Dividend Declared by Jefferson-Pilot Corp

Jefferson-Pilot Corp declares a quarterly dividend of 20 cents per share payable March 5 to stockholders of record at the close of business February 12.

MENTIONED IN THIS ARTICLE

Jefferson-Pilot Corp
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Winn-Dixie records first half earnings rise in 1971

Winn-Dixie Stores, Inc. reports after tax earnings of 15.31 million dollars or 1.19 per share for the first half of fiscal 1971, up 20.43 percent from the prior year. Total sales reach about 1.58 billion dollars with a full year forecast over one and a half billion. Fiscal 1970 volume was 1.419 billion.

MENTIONED IN THIS ARTICLE

Winn- Dixie Stores, Inc
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Motives Of Enlistees Studied Involuntary Volunteering Under Scrutiny

Army analysts say four of five young men who joined last year did so to avoid the draft, not as true volunteers, signaling the persistent challenge to a fully volunteer force. The study, tied to Nixon’s mid 1973 goal, estimates about 64,000 new entrants in the National Guard and reserve were enlisted, with 73,000 volunteers draft motivated and 159,000 draftees among 296,000. Pentagon manpower chief Roger Kelley offered a slightly brighter view, suggesting about half of enlisted volunteers are true volunteers, absent a broader service scope. Authority seeks pay hikes of roughly $1.5 billion to lure more volunteers, as re-enlistments and ROTC enrollments slump.

MENTIONED IN THIS ARTICLE

Washington Nixon Army Kelley Senate Armed Services Committee Pentagon Roger Kelley Defense Melvin R. Laird Senate ‘Armed Services Committee Armed Services
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Bunn Receives Life Term After Church Shooting

J P Bunn age 44, operator of earth moving equipment, was sentenced to life imprisonment for murder of Tommy Vernon Stevens and assault on Mabel Louise Smith in Goldsboro North Carolina. He will serve a 10 year term first for wounding Smith at a church. Defense appeals planned.

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Muskie to Visit North Carolina Feb 15

U S Senator Edmund Muskie of Maine plans a Feb 13 Raleigh area tour of Wilson County communities. He will arrive at 12 45 p m at Rocky Mount Wilson Airport for a press conference and speak at the YDC installation dinner in Wilson with Governor Bob Scott.

MENTIONED IN THIS ARTICLE

Raleigh U.S Edmund Muskie Maine Wilson County Charles Winberry Young Democratic Clubs Muskie Rocky Mount Wilson YDC Wilson Bob Scott Winberry Tar Heel Wilson Community Center
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Rowan Prisoner Hangs Self in Rowan Unit

A 17 year old inmate Franklin Hall of Kannapolis hanged himself with a bed sheet in his Rowan County prison cell during hourly rounds. He was rushed to a Salisbury hospital where he was pronounced dead on arrival.

MENTIONED IN THIS ARTICLE

Salisbury N. C Rowan County Franklin Hall Kannapolis Hall
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Meat Inspection Deficiencies Found in North Carolina

Federal inspectors found North Carolina's intrastate meat inspection short of federal standards and would take over. An exemption for shipments under $2,000 caused the deficiency. legislators plan to remove the exemption. A USDA survey will precede the takeover and affect several states and Puerto Rico.

MENTIONED IN THIS ARTICLE

Raleigh North Carolina George Horner U. S. Department of Agriculture Meat and Poultry Inspectionrogram USDA Horner James D. Speed D-Franklin Speed Puerto Rico
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Also Mentioned on This Page

Stock Market Report American Stock Exchange Asamera Oil Brascanlt Ib Felmont Frontier Air Gt Basin Corp Kaiser In McCrory MidwsFin Newldria Mn NewPark Mn Ormrand Ind Statham Ins Wn Nuclear NEW York Exchange NEW York Stock Index The Rails Util I Msotoned Press Rails Ind Dow-Jones Indus A.P Bunn N.C Rowan Grace Flower Shop North Wrenn St Westwood Insurance Planning Service Woo White Ctu the Equitable Life Assurance Society of the US Home Office Law Building Davis Funeral Home High Point Area Harold. Davis Ehifiel of Blowers North Main Farriss Avenue
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