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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 07, 1971
Page
3
The Dow Jones 30 rose to 876.57 up 8.07 while the AP 60 gained 2.4 to 304.8. Analysts note profit taking not reflected due to high trading volume, with Tuesday seeing a new daily high of 22.03 million shares.
New York AP report notes Nixon budget forecast for 1971 to lift GDP to 1.065 trillion with 9 percent growth and unemployment near 6 percent, but economists call it overoptimistic, warning inflation risks and a need for more measures.
A batch of property transfers lists numerous deeds in Jamestown and River townships. Transfers range across Wen Point, Homewood and Greenway Park, with properties located on Rowan Avenue Willonbar Terrace Albertson Road and Wrightenberry plat among others. Notable transactions include Old Dominion Truck Leasing acquiring land on Albertson Road and the sale of land in High Point College Property and Raking Acres subdivision.
Raymond Dreyfack of the Dartnell Institute cautions that executive tension can cause ulcers, coronary events, strokes, and mental breakdowns. In his booklet What An Executive Should Know About Guarding His Health he identifies anger and fear as prime tensions affecting all levels of executives.
Charles N. Stephenson Sr. joins Ervin Insurance Service as vice president with William G. Ervin announcing. Donna H. Turner is elected secretary. Stephenson, a North Carolinian, lives at 1711 Windsor Dr. with wife Janis and two children, previously VP and manager of High Point Bank & Trust Co. insurance department. He entered the insurance field in 1955 and held roles with Great American Insurance Co. in Winston-Salem. Turner, of 1611 Chatham Dr., has been with the firm since 1964 and is a member of First United Methodist Church and past president of Insurance Women of High Point. She earned the certified professional insurance woman designation in 1989.
Sears offers in store income tax preparation with trained preparers at a tax center inside the store. Taxpayers receive personal service for their returns with guaranteed computational accuracy and confidential handling of all information.
Quotations from the NASD reflect representative interdealer prices around 3 p.m. Thursday. Interdealer markets fluctuated through the day. Prices exclude retail markups, markups, or commissions. Southern Nat Corp Textiles Trans Gas Pipeline Vermont American Nellington Hall Wright Machinery.
Rex Plastics Inc of Thom asville posts fiscal year results showing net sales of 5,884,550 for the year ending November 30, up from 4,414,920 prior year. Net income stands at 172, a55 or 50 cents a share.
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