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08 Feb 1971

Page 1

High Point Enterprise in High Point, North Carolina

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High Point Enterprise February 8, 1971 Page 1 old newspaper archives

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Feb 08, 1971

Page

1

Record-breaking Allis Chalmers block trades on NYSE

A massive 3,248,000 share block of Allis Chalmers valued at about 58.46 million traded on the New York Stock Exchange. White Consolidated Industries sold the entire holding at a loss to ease antitrust concerns over its merger with White Motor. Dow Jones averaged 876.57, AP 60-sinck at 304.7, with mixed moves across other issues.

MENTIONED IN THIS ARTICLE

NEW York (Ap New York Stock Exchange Allis Chalmers Wall Street Laos Dow Jones Associated Press Allis Chalmers White Consolidated Industries White Consolidated Justice Department White Motor Systems Engineering Cal -Yeer Academy Lo Ea Alamera Oj MorNor la New York Motorola Contt-Carp Grouse Hind Indust ST CrawColl Aya Crown Cork Nat Steel Tvs Aps Curtsiswr Niag Norfolk Narris Belmont Arte Frontier Air PMG Noamrk Delta Air Disney Hugin Disney Ab Itl Corp Dressind McCrory Bae rusPanla Pogram Statham Ins Air Lin Echiln Emer el Pac T&t Desig Ernyl Co Penn Penn Dixie Ty Penney JC Sam Si Te Tin Baraylt SiMe — Pitway Poland Publkind New York Pullman 2 Wa Alsh Vst Jend and Salesiil Rail. x-dsl—Ex Distribu- Exchange GOF Cora r—Ex Ware Gam Sa Ranst Gannett Biduic Aan Jan Ranco Inc Mats Viin Raytheon Vahein Pobult TVR Reading Alr Arizona Vo Republis Genesco SRI Vas Reyn Ind Allegbud Gerber ReynMet Vis & Geltyo Smielte Ats Atva Ya AllledStr Gren Alden Rohr Cp Allis Ch Goodrich Ray Dulch Roy Hye Ya' Alcoa Goodyr Grace Ne Ryder Sy AMBAC GranitCty Moon Am Hess Joe Min Yuito Earth A. Brads Gt West Fiat Fie Sanders Asso Ab Sa Ameipw Greyhound Gulf OF Schenley C Corp Acmache Am Motors Gulf Earth Shell Oil At&t Heublein T&t Stonal'Co HoernWal Ae Ringer Ca VM Holt Electra Sony Anacon Ancorp Abe Atlas Corp Avco Corp Sid Kollsmann Avnet Vva INA Cp Inger Rand Sionmind Va Simon Babckw StarlOrug Beckman Beech Air Bendix Iowa Swift Co Space Center BoneliCo Towapsy Systraq Dorn Mission Con Ba Jewel Co JonLegn Iim Bunki Kenncott Te Er Shepard Cadence Val Krothce TriCon Camp Sp Val Kreson Hay TRW Inc Vietnam Caro Kroger CartWat T Castle Ck Learsley Va. Ual Inc Lehma Wwe Cenco Ins Ava Aga Union Pacif Littanind Air CFI Logkhead Chris Crate Jaen LVO Corp Clark Eq Lai Macke Co Collins Macy Colainist CBS Va Varian Assoc Va Vendo Co Tata Aby ColWw Gas Sala Ag Marath Marear Vaeipw Va Mead Corp J Merck Yoo Ralts Util Zenith Comalles Ralls Ind. Uill Veedeon Aon Revere Re Agi Woerma Isteesecans York Rere
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Space lab telecast praises peaceful use of space

A NASA broadcast features Shepard and Roosa describing experiments in a space laboratory. They announce manufacturing techniques that could benefit Earth, including producing cast metals vaccines and pure electronic crystals using weightlessness to overcome gravity.

MENTIONED IN THIS ARTICLE

Shepard Darthy Ye Gi Space Laboratory Roosa
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Children in Ireland Firefights Stop in Belfast War News

Throughout six days of fighting in Northern Ireland crowds, soldiers, and youths collide as bomb blasts and gunfire surge in Belfast and Londonderry. A 14 year old boy loses a hand. charities and authorities move to limit reprisals while troops swell to 7,400 with thousands more on alert. The Duke of Kent amid calls for recall as IRA violence escalates and security measures tighten along the border.

MENTIONED IN THIS ARTICLE

Belfast Northern Ireland Northern Ireandio Daisy Hosiery Mills, Inc Kiddie Tot Hosiery Inc Jack Bollinger Ierpane Londonderry Irish Republican Army IRA Republic Towa The Ulster Volunteers England Ulster National
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Hosiery Plant Run By JPA/J Companies at 2118 N Main St

The JPAurs J Companies operate a hosiery plant at 2118 North Main Street producing infants children misses boys and men's hosiery. The facility focuses on a range of sock and legwear items for all ages within the community.

MENTIONED IN THIS ARTICLE

Jpaurs Main St
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Earnings Down At Lane Co Inc In 1970 Results

Altavista Virginia firm Lane Co Inc reports 1970 net sales of 72.446 million, down 6.4 percent from 1969. Net earnings fall to 4.288 million, with earnings per common share at 1.70 versus 1.93 in 1969. Declines blamed on weak economy and housing market impact on furniture sector.

MENTIONED IN THIS ARTICLE

Lane Co. Inc Altavista
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Meeting Set For February Am Production and Control Society

The February meeting of the American Production and Control Society Piedmont Triad Charter will be held at 6:30 p.m. Tuesday, Feb. 9 at Western Electric Co on Graham Hopedale Road in Burlington.

MENTIONED IN THIS ARTICLE

American Production and Control. Society Piedmont Triad Charter Western Electric Co Graham-Hope-’ Laale Road Burlington
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Curfew Enforced as Wilmington Sees Night of Unrest

City officials ordered a state of emergency in Wilmington extending to New Hanover County after weekend violence. More than 500 guardsmen and 48 highway patrolmen were deployed, with three curfew arrests and ongoing gunfire reports. Police vow to restore control as unrest tied to school tensions and black student demands escalates.

MENTIONED IN THIS ARTICLE

Bop Sco Wilmington New Hanover County Martin Luther King H. #2. Williamson Yye Williamson Raleigh Good Neighbor Council
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Israel seeks clarification on Egypt partial withdrawal demand

Jerusalem AP sources say Israel will not pull all troops from the Suez Canal until a peace agreement is reached, but may reduce force levels on the front line. Golda Meir is expected to present the stance to the Knesset as Cairo’s 30 day ceasefire extension is discussed. Egypt’s Ahmed Sadat proposed a partial withdrawal and canal reopening, with no explicit shipping terms.

MENTIONED IN THIS ARTICLE

Jerusalem Israel Suez Canal Lloor Egypt Golda -Meir Knesset Anwar Sadat Sadat Suez Sinai Desert Gunnar V Jarring U.N Eace Nevnt Jordan New York Meir
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Rural Homes Fund Cuts Worry North Carolina Governor

Gov. Bob Scott criticized Farmers Home Administration cutbacks in rural housing funds, calling them a threat to home ownership for poor families. He sent a telegram to President Nixon urging support, noting nearly half the loans under the program went to Black families and stressing the program’s grassroots value.

MENTIONED IN THIS ARTICLE

Raleigh Bob "Scott Farmers Home Administration Scott Nixon
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Bomb Kidnap Plot Charges Filed Against Clergy and Six Others

In Harrisburg federal court a priest and five others including a nun faced arraignment on charges they plotted to bomb government buildings and kidnap Kissinger. Defendants deny all connections, calling the accusations fabrications. The case centers on Rev Philip Berrigan and a Chicago Seven affiliate plus a Jesuit priest and two Baltimore clerics.

MENTIONED IN THIS ARTICLE

Harrisburg Nixon Jany FBI J.edgar Hoover Philip Berrigan Dist R. Dixon Herman Federal Correctional Institution Danbury Conn Draft Board Father Berrigan White House Henry Kissinger William H. Kuristler Newton D.C York Chicago Francis X. Galform Lagher Baltimore William A Cunningham Harry Law Prince Iyer Ion University Philadelphia
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Park announces South Korea to guard DMZ frontier

South Korea will shoulder front line defense as U S troops plan a five year drawdown from 60 000 to 42 000. The Panmunjom armistice village guard will stay, with U S forces reduced but the mutual defense pact preserved. Park said the plan marks a milestone toward self reliance and stronger regional defense.

MENTIONED IN THIS ARTICLE

Panmun United States U.S Korea Park Koreas Chung Hee Park An South Ko Erea Seoul Nixon DMZ South Korea Congress U.N
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Also Mentioned on This Page

Stock Market Report Dow-Jones A.P NEW York Exchange Daisy Ireland Mount Know Eqbal Atmad University of Chicago Adlai Stevenson Institute For International Affairs Elizabeth McAlister Montclair N.J Amon Penxaion 4 Music CO North Elm Greensboro Raleigh & Durham
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