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High Point Enterprise in High Point, North Carolina

12 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 12, 1971

Page

2

Stock market gains in cautious preholiday trading

The market held a slim rise as investors expected Washington's Birthday weekend closures. The Dow Jones 30 rose 1.50 to 886.84 at noon, with the AP 60 stock average up 0.8 to 308.4 as gains outpaced losses in steels, rubber, mail order, electronics, chemicals, oils, airlines, and building materials.

MENTIONED IN THIS ARTICLE

New York Washington Dow Jones Associated Press New York Stock Exchange American Stock Exchange Recrion Scurry Rainbow Behring Texstar Consolidated Oil Tenneco CBS My MobilOil Monsant Montdut Mia S Exchange MorNor Motorola Sda Connatg Mtstatt Ark Best Nat Atlas Co Wit Natcashr Barnes Eng Élla Brascanlt Ib Cértren_ Coale Cox Ts Creoier Crouse Hind Aoyn Lore Curtiss Wr Newmont Felmont Ning Frontier Air Dan River Norfolk Norris Ind Gt Basin Noamrk VW Deere Co NoStaPw Hycon Mtg Delta Air Nwst Airl Impryoil DetEdis Norton iTorp NortSim Kaiser E Dillon Co Lee Disney McCrory Va NewPark Mn DowChm Olin Corp Ormeand Omarkin Duke Pw Wa Nuclear Bea Eg&g EltraCp Penn Dixie Wve EvansPrd Penney JC PaPwLt Ailies Fansteel Inc Phelps D Phila el Phil Morr Firesine Pueblo In Fruenf Pullman Questor GAF Corp Gen Dynam Ralston P Gen Elec Ranco Inc GenFds Ad Millis Genesco Reyn Ind GaPacit ReynMet Ns Admiral Gettyo Rohr Cp Gillette Roy Ccola Roy Dutch Arizona Ja Global Marin Dla Ryder Va Alleg Cp Grace St Joe Min Allied Ch Allied Grt A&p Stregisp Allis Gt West Fini Lancers Asso Alcoa Bala Sa AMBAC anFeint COA Ind Ameipw Halliburt Sears R Harris Int Helt Oi Snell Tr Hercules Heublein 4A — Signal Co SingerCo At&t Wi HollySug Soucale Am _ T&T Homestice South Co AMF Inc Honywil Soungas S6va Amp Inc Sou Pac Amnex Corp Houslp SouttraRy Scartene Ind Ancorp Idaho Impricpo Amvar INA Cp Inger Rand Stdolinj Atlas Stauf Ch Avco Corp Lye Eyint Hary SteriOrug E Avnet Inc Stevensj SunOil SwiftCo Beckman Tampa Tek Corp S Tektronix Beech Air Teledyne Bell How Jewel Co Bendix Telex Co BenetiCo JonnMan Texaco Tex G Sui Texasiast Tex i Ld I Textron Timken Katy Ind Todd Si Trans W Air Va Bulovaw Transitron TriCon le Buri Ind Kimbalk TRW Inc la Koppers Va Kraftoc Walle Kresge SS Kroger Ye Val Inc Cadence UMC Ind Cal Finani UN Carbide Camprlk Lenpcem LearSieg Elec LenVal Ind Unedhical Bn “ Caro Plit UN Pac Cp CarrierCp Jase Lenhmn Union Pacif CartWal Uniroyal Va CastieCk Lidbmcn L Air A Loews Corp CessnaAir Ohio US Steel ChiMil Lucky St Univo Univer Chris Craft LVO Corp A - Lykes Yngst Citfin Asia Varian Assoc T'S Es MackeCo Vendo Co Clark Eq Macy RH VaeiPw ClevElil Mad Fd Coce Col Magnvox E “Ee Collins Marcor WarLam Va WetnAir Meydstr Mead Corp Memorex Co Ittaker Merck Aeron Co Zenith Teneo Press
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New York Stock Exchange Noon Prices Summary

The New York Stock Exchange reports selected noon prices with unofficial sales figures. Footnotes explain dividends and actions such as annual disbursements, stock dividends, ex-dividend periods, and special distributions across various designations and scenarios.

MENTIONED IN THIS ARTICLE

NEW York (Ap New York Stock ‘Exchange Jace
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Air Warfare Escalates as Laos Border Quietly Seethes

The announcement details losses of five helicopters over Laos and four in Vietnam north of Khe Sanh plus an F4 down near Quang Tri and a helicopter gunship crash in Cambodia. Nine Americans killed and seven wounded. A C123 transport crash at Phan Rang killed four crewmen. Reports of American soldiers in southern Laos and reconnaissance teams operating across the border are acknowledged, with officials stressing no U.S. ground combat troops or advisers in Laos. President Thieu and Gen. Abrams inspected fronts as U.S. helicopters flew about 500 missions across the border for air support and resupply.

MENTIONED IN THIS ARTICLE

Laos Vietnam Khe Sanh Quang Tri Cambodia Air Force Phan Rang Saigon U.S CBS ABC Nguyen van Thieu Creighton W. Abrams
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Three Car Collision Causes $1500 In Damages

A three car crash Thursday at 8 45 p m at Cloniger Drive and Liberty Drive caused an estimated 500 damage to each vehicle. Drivers listed are Velma Smith Alman of Rt 2 Trinity Virginia Pierce Hunt of Iberty Drive and Jacqueline Garner of Alice Drive. No notices filed for cease investigation.

MENTIONED IN THIS ARTICLE

Thomasville Cloniger Drive Liberty Drive Velma Smith Alman Rt. 2 Trinity Virginia
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Quake toll climbs as debris search continues in California

The death toll from the Southern California quake reaches 60 with rescuers still pulling bodies from debris at the Veterans Administration Hospital in Sylmar. Damage rises to about 1 billion dollars as 80,000 residents in the San Fernando Valley await return home and water supply strains mount across the region.

MENTIONED IN THIS ARTICLE

Los Angeles California Veterans Administration Hospital Sylmar Sheriff's Office Frank Carbonara Carbonara Hel San Fernando Valley San Fernando Thomas S. Kleppe Small Business Administration
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Federal crackdown targets all manufacturers and distributors of dangerous drugs

The Federal Bureau of Narcotics and Dangerous Drugs will license and inspect every manufacturer and register distributors and dispensers including hospitals and doctors. About 1,300 agents will police 5,000 manufacturers and distributors, 8,000 hospitals, 59,000 pharmacies, and 350,000 physicians by mid-1971. Diversion occurs at every point. penalties include fines up to 25 000 and 5 to 15 years in prison.

MENTIONED IN THIS ARTICLE

Federal Bureau of Narcotics and Dangerous Drugs Larry Kerness Bureau Long Island N.Y FRNDD Bnureau House Crime Committee National Institute of Mental Health United States Justice Department Kerness Bruce Brennan Pharmaceutical Manufacturers Association Mexico Custom Bureau Jter Asst Treasury Eugene Rassides United
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Army psychiatrists finish Calley sanity evaluation at DC center

Three Army psychiatrists completed a sanity board for Lt. William L. Calley Jr. after brain tests and neurological studies to decide if he was sane on My Lai day. The secrecy of results lies with Judge Reid W. Kennedy, with trial recessed until February 16. Calley faces premeditated murder charges for at least 102 My Lai villagers.

MENTIONED IN THIS ARTICLE

FT. Benning, Ga Army William L. Calley Jr My Lai Calley Sanity Board Welter Reed
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Banks Seek Uniform Taxation For North Carolina Banks

North Carolina banks propose to be taxed like other corporations. They want to replace bank excise taxes with corporate income and franchise taxes and pay local property taxes and the cash on hand intangibles tax. Bill Shaw notes state taxes would drop slightly while local property taxes rise. Bland Worley says banks seek their proper share of taxes to state and local governments.

MENTIONED IN THIS ARTICLE

Raleigh North Carlina William W. Shaw Rocky Mount The North Carolina Bankers Association Wottess Steess North Carolina Bland W. Worley Bankers Association
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Bereaved Family Stages Protest In Wilmington

The family of Harvey Edward Cumber, 57, protested outside a Wilmington prison unit after the authorities refused to permit his son to view the body. Mrs. Cumber fainted when opening the casket as relatives hauled it away on a pickup truck.

MENTIONED IN THIS ARTICLE

Wilmington Harvey Edward Cumber J. R. Crouse Cumber
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Rummage Sale Set by Neighborhood House Council

The Neighborhood House Council sponsors a five cent rummage sale Saturday from 9 a.m. to 2 p.m. at the Neighborhood Improvement Center 509 E Green Drive. Yvonne McColl of the redevelopment commission says a large amount of clothing for men women boys and girls will be sold. She notes much of the surplus is adult size. She also asks residents with unused children’s clothing or household furnishings to call the center for pickup.

MENTIONED IN THIS ARTICLE

Neighborhood House Council Neighborhood Improvement Center E. Green Drive Yvonne McColl Redevelopment Commission
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North Carolina Eyes 1 60 Minimum Wage Rise

Senate bill would raise the state minimum wage from 1.25 to 1.60 per hour starting January 1 next year. Gov. Bob Scott and Sen. Zeb Alley back the measure. Other bills seek to curb rapid growth of small public water systems and create a Governor's Advisory Commission on Children and Youth. A joint resolution calls for a Piedmont Crescent transportation commission.

MENTIONED IN THIS ARTICLE

Raleigh North Carolina Senate Zebulon Doyle Alley Haywood Bob Scott General Assembly Scott State Board of Health Gordon Allen Person Fred Folger Lurry Hector McGeachy Cumberland House John Stevens Buncombe Ernest Messer Dwight Quinn Dcabarrus Liston Ramsey Madison Kenneth Royall Dmurham Carl Stewart Dgaston Governor's Advisory Commission On Children and Youth Piedmont Crescent
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Night Club Fights State Law Over Nude Dancing

Charlotte nightclub lawyers challenge the state ABC rule banning nude or lewd entertainment in lounges serving alcohol. They argue the board has not defined lewd standards, seeking to overturn the permit restrictions in federal court as three ABC agents testified to a Jan 8 act described as nude and vulgar.

MENTIONED IN THIS ARTICLE

Raleigh Charlotte Michael Plumides Plumides State Alcoholic Beverage Control Board ABC Zaiona Joel E. Brewer Archie A. McMillan U.S James B. McMillan
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Also Mentioned on This Page

High Point Enterprise Business and Financial News Stock Market Report American Exchange Jack Lefler NEW York -Exchange NEW York Stock Index sAsocieted Press Ind. Rails Umil Svennens Ns High Dow-Jones Indus Leavatriots A.P WEW York Pacific Northwest Los Angeles Department of Power and Water Ularly Nash Nash Jewelry CO North Main Street Myer
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