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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Feb 04, 1970

Page

2

Stock Market Ledger Sees Rally Fizzle At Noon

A late rally faded in moderate volume as the Dow Jones industrial average dipped 0.79 to 756.67 at noon. The 60 stock AP index rose 0.8 to 262.6 with gains in steel, electronics, chemicals, rails, and building materials while rubber, aircraft, and farm implement shares weakened.

New York Treasury David M. Kennedy Eldon Grimm Walston & Co Associated Press New York Stock Exchange Computer Science Telex Corp Ind. Rails Ind. Util Indust Corr Hee

New York Stock Exchange Selects Afternoon Prices

The New York Stock Exchange releases afternoon price quotes for major listed stocks. Officials indicate this update provides the latest trading figures from today’s session, highlighting market movement and notable shifts in key equities.

NEW York (Ap New York Stock Exchange

Unofficial Sales Figures And Dividend Footnotes Overview

The document explains that American-Exchange figures are unofficial unless noted. It defines dividend terms and includes footnotes a through vi clarifying extra, stock, liquidation, timing, and special conditions such as ex-dividend, ex-rights, warrants, and bankruptcy status affecting distributions.

North and South Carolina and Georgia and Virginia Weather Forecast

Forecast overview for North Carolina South Carolina Georgia and Virginia. North Carolina expected very cold with wind and rising clouds then warmer with possible rain or snow west late Thursday. South Carolina sunny cold highs in 30s then warmer Thursday. Georgia fair to partly cloudy turning warmer with scattered showers northwest Thursday. Virginia partly cloudy turning warmer with light snow possible north and west Thursday.

North Carolina South Carolina Georgia Virginia

North Carolina Weather Outlook Through Weekend

Temperatures in North Carolina will run near normal from Thursday through Monday with daytime highs around 50 to 55 degrees inland and 55 to 60 along the coast. Lows will range 27 to 32 west and 32 to 37 east. Rain totals about three-quarters of an inch in both regions with rain Thursday and Friday, followed by a warming trend and then cooler weekend conditions.

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Chicago Emerges as World's Largest Railroad Center

The city stands as the world’s largest railroad hub with 41 lines and six major stations serving passengers and freight. Chicago’s rail network anchors commerce and travel across regional and national routes.

Chicago

Piedmont Natural Gas Goes Public on NYSE

Piedmont Natural Gas Company began trading its common stock on the New York Stock Exchange under the ticker PNY. The Charlotte headquarters firm listed 2,032,716 shares and serves more than 155,000 customers in 56 Piedmont communities across North and South Carolina. The company has over 6,800 shareholders in 45 states and six foreign countries.

Piedmont Natural Gas Company New York Stock Exchange PNY Charlotte Piedmont Piedmont Natural Gas North South Carolina

NCNB Reports 1969 Assets and Earnings Rise

NCNB and its North Carolina National Bank unit show higher totals in 1969 with total assets around 1.24 billion for the bank and 1.431 billion for NCNB Corporation. Deposits reach about 1.021 billion, loans near 684 million, while earnings before securities losses rise to 1.75 per share and net income per share to 1.69 after losses.

North Carolina National Bank Ncnb Corporation

Two Appointed as Manufacturers Representatives for No Sag Spring

Robert A. Nowack announces the appointments of Kelly Bullard and Marion K Matthews as manufacturers representatives for No Sag Spring Division Lear Siegler Inc Berkeley Mich They will cover western North Carolina all of South Carolina and Central Virginia Both are High Point residents with about 15 years in the furniture trade including springs hardware

Kelly Bullard Marion K. Matthews Robert A. Nowack Lear Siegler, Inc Berkley, Mich Bullard and Matthews North Carolina South Carolina Virginia High Point

Chapman joins General Logics as advanced counselor in Dallas

Richard L. Chapman formerly an account executive with Thomson and McKinnon has joined General Logics in Dallas Texas. He will serve as an advanced counselor in the companys Dallas office. General Logics designs and implements computer systems on a consulting and proprietary operating basis.

Richard L. Chapman Thomson & McKinnon General Logics, Inc Dallas Texas General Logics

Eckerd Drugs declares quarterly dividend and sales rise

Eckerd Drugs of Charlotte will pay 10 cents a share on common stock and 50 cents on preferred stock on February 27 to holders of record February 13. The company reports nine month sales up 25.4 percent from a year earlier.

Eckerd Drugs, Inc Charlotte

Sky City Stores Listed on American Stock Exchange

The American Stock Exchange admitted Sky City Stores Inc of Asheville North Carolina to listing and dealings with 300 shares at 8 percent. Sky City, incorporated in Kentucky in 1947 as successor to a 1922 business, operates 16 stores in NC SC GA TN KY with most leased. For nine months ending Oct 31 net income was 391 778 on sales of 14 654 025 versus 385 009 on 13 215 045 a year earlier.

New York American Stock Exchange Sky City Stores, Inc Asheville N. CC South Sky City Stores Kentucky Sky City North Carolina South Carolina Georgia Tennessee

White Teacher Walkout Closes Georgia Schools

Georgia teachers walk out over integration plans closing seven Washington County schools in Sandersville. Curfew from 1 p.m. to 5 a.m. remains as 26 black teachers transferred to white schools report to work. Gov Maddox plans rally supporting pupil choice.

Georgia Associated Press Lester Maddox Washington County Sandersville Atlanta Maddox W. B. Outts

Winston School District Lines Would Be Redrawn

A pupil assignment plan released Tuesday would redraw district lines to integrate schools. It would move 4030 more blacks into predominantly white schools and 1125 whites into two all black schools, while shifting 600 to 800 whites to other districts to ease crowding.

Winston Winston - Salem C. W. McGuffey Athens Gro Mount Tabor High School

GOP Sues to Change North Carolina Judge Election System

The North Carolina Republican Party filed a federal suit in Greensboro alleging the current method of electing Superior Court judges violates the one person one vote principle. GOP chairman Jim Holshouser frames the case as a class action seeking district level general elections to boost Republican chances.

Greensboro North Carolina Republican Party Jim Holshouser Boone GOP U. S. District Court Holshouser People of

Borden Milk Commission Faces Court Challenge Over Pricing

North Carolina Milk Commission orders Borden at High Point to pay more than 20 000 for underpaid milk. Borden may appeal, arguing Virginia milk not subject to NC prices as milk is produced in Virginia and sold out of state. The commission contends mixed milk from Virginia and North Carolina falls under NC pricing authority.

Raleigh North Carolina Milk Commission Borden Milk & Ice Cream Co High Point Borden R. V. Day North Carolina Virginia A&p Day Virginia Commission North Carolina Commission

Dorety Elected Chairman Of Thomasville Housing Authority

James C. Dorety was elected chairman of the Thomasville Housing Authority and sworn in as the fifth member. He succeeds Tom Jennings, who resigned earlier. Dorety, VP of finance at Thomasville Furniture Industries, joins Paul Rains the Rev Glenn Brooks Charles Fulp and Amos Ragan on the board. The panel endorsed the Initial Housing Element.

Thomasville James C. Dorety Authority Tom Jennings Dorety Thomasville Furniture Industries Paul Rains Glenn Brooks Charles Fulp Amos Ragan

Pilot Life promotes T. R. Haning to assistant vice president

T. R. Haning of High Point promoted to assistant vice president at Pilot Life Insurance Co. Since joining in 1957 he served in the Group Division, then planning as senior planning assistant and assistant director, elevated to assistant secretary in 1967. Active in Boy Scout work and secretary of Area I of the Administrative Management Society.

T. R. Haning High Points Pilot Life ‘Insurance Co Haning Pilot Life Area If The Administrative Management Society

Brock Expected To Seek Position In 22nd Judicial District

Lexingtonville attorney John T. Brock is expected to announce this week his candidacy for judge in the 22nd Judicial District. The district includes Davidson Davie Iredell and Alexander Counties and Brock’s election will be decided in the Republican primary next spring.

Lexington Mocksville John T. Brock Davidson Davie Iredell Alexander Brock

Bryan Resigns as Secretary of State Over Lusitania Policy

William Jennings Bryan resigns from the cabinet on June 8, 1915 after a dispute with President Wilson over policy following the torpedoing of the liner Lusitania.

William Jennings Bryan Wilson

Also Mentioned on This Page

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