Stock Market Dips After Mild Rate News On Wall Street
The Dow Jones 30 slid 1.21 to 880.09 at noon as gains on the Big Board lagged declines amid a slow session. Banks lowered prime rates to 5 percent, the lowest in six years, while Federal National Mortgage rose 2 to 994. AP 60-stock average fell 6 to 325.8 as utilities edged up and most groups showed mixed results.
MENTIONED IN THIS ARTICLE
Federal National Mortgage
Associated Press
N.C
High Point
High Point Enterprise, Inc
Ward-Griffith Company
National Advertising Representatives
Inter-dealer NASD Prices Snapshot at 11 A.M.
Over-The-Counter bid-asked quotations from NASD reflect representative inter-dealer prices as of about 11 a.m. These markets fluctuate through the day and do not include retail markups, markdowns, or commissions.
Gardner May Enter Race Wednesday for Governor
Former Congressman Jim Gardner of Rocky Mount plans a news conference in Charlotte at 11 15 a m Wednesday to announce his candidacy for the Republican nomination for governor. Gardner left Congress in 1968 to run and previously lost to Gov Bob Scott. If he runs again he would face Jim Holshouser of Boone for the GOP nomination.
MENTIONED IN THIS ARTICLE
Raleigh
Jim Gardner
Rocky Mount
Charlotte
Coliseum
Gardner
U.S. Senate
Congress
Bob Scott
Jim Holshouser
Boone
Southern Film Extruders Elects J L Bull Jr President and Treasurer
J L Bull Jr. was elected president and treasurer of Southern Film Extruders Inc at the board meeting. He previously served as executive vice president secretary and treasurer and earlier held top posts at Hatteras Yacht Company. The roster also lists Webster Marlowe Fred Newby Edward Hardin and Betty Goodwin as other officers.
MENTIONED IN THIS ARTICLE
J. L. Bull Jr
Southern Film Extruders Inc
Hateras Yacht Division
North American Rockwell
Hatteras Yacht Company
High Point
High Point College
University of North Carolina
Chapel Hill
Anna Mae Manley
Carol
Florham
Webster Marlowe
Fred Newby
Edward Hardin
Betty Goodwin
Rex Plastics of Thomasville Reports 1971 Earnings Surge
Rex Plastics of Thomasville reports 1971 earnings more than doubled the previous year with sales up 31 percent from 1970. Net earnings reached $349,790, up from $172,355. per share earnings rose to 97 cents from 50 cents. Furniture and film divisions contributed to the strong profit.
MENTIONED IN THIS ARTICLE
Rex Plastics
Thomasville
Army Disagrees With Exiled Deserter's War Tale
The Army confirmed David B. Johnson of Tacoma served in Vietnam and was convicted under Army regulations, later escaping from Ft. Leavenworth. Johnson, living in Paris, told a reporter he fled the United States due to shame, while the Army disputed several points of his account of 1968 service.
MENTIONED IN THIS ARTICLE
Washington
Paris
United States
David B. Johnson
Tacoma
Wash
Vietnam
Ft. Leavenworth
Kan
Army
Johnson
101St Tiger Force
Japan
U.S. Army
Canada
Leavenworth
Martin Army Hospital
Ft. Benning
Paramedic Faces Tough Choice in Trapped Driver Amputation
In Norfolk Virginia a 25 year old paramedic faced a dramatic emergency when Billy Eugene Godwin 33 Windsor NC, lost a leg and an arm in a high speed crash on Interstate 64. Frank Yeiser Jr. guided the rescue amid wreckage as doctors prepared morphine and IV support while crews freed him. The decision to amputate was made to extricate Godwin and he was taken to a local hospital as traffic snarled for miles.
MENTIONED IN THIS ARTICLE
Norfolk
Billy Eugene Godwin
Windsor
N.C
Norview Ave
Godwin
Virginia Beach
Frank Yeiser Jr
Red Cross
American Heart Association
Yeiser
Morristown
N.J
McGovern Charges POW Deception in Nixon Claims
Senator George McGovern and Representative Robert Leggett accuse President Nixon of deceiving the public on prisoner of war trade. They say North Vietnam offered to trade POWs for a U.S. withdrawal deadline and challenge Nixon's remarks in a CBS interview with Dan Rather.
MENTIONED IN THIS ARTICLE
Washington
George McGovern
D-S.d
California
Paris
Nixon
McGovern
Leggett
Agan
Rather
United States
Red Smiley burial set for Bryson City North Carolina
Arthur Lee Red Smiley Jr. 47, famous country singer, died in Richmond Virginia. His body arrived in Bryson City North Carolina where a 10:30 a.m. Wednesday funeral will be held at First Baptist Church and burial in Bryson City cemetery. Smiley spent 15 years with Don Reno and the Tennessee Cutups on WDBJ TV Roanoke. He retired in 1969 but still appeared with Reno. Prior radio work included Richmond Roanoke Wheeling and Charlotte. He died in hospital after illness.
MENTIONED IN THIS ARTICLE
Bryson City
N. C
Arthur Lee Red' Smiley Jr
Richmond
First Baptist Church
Smiley
Don Reno
Tennessee Cutups
Wdbj-Tv
Roanoke
Reno
Wheeling
W. Va
Charlotte
N.C
Who Must File A Return and Dependent Child Savings Tips
The article advises monitoring dependent children with savings accounts that list the parents Social Security number for interest reporting. Such interest could be tax free if the child earns below the filing threshold, and older children should maximize personal savings to simplify determining support. It notes the need to check with banks about listing the child’s Social Security number.
MENTIONED IN THIS ARTICLE
Bank of Savings
Newspaper Enterprise Assn
Bowles Seeks Impartial No-Fault Study
Bowles a Democratic candidate for governor urges an impartial review of no fault auto insurance by the state study commission. He criticizes the high number of lawyers on the panel led by Sen. O Neil Jones and says citizens deserve a review not influenced by auto wreck lawyers. The no fault plan shifts damage costs to drivers' own insurers.
MENTIONED IN THIS ARTICLE
Raleigh
Hargrove
Bowles
Bob Scott
Auto Insurance Study Commission
O'Neil Jones
D-Anson
Front foundation shrubs stay evergreen for year round foliage
North Carolina State University extension horticulturists note a trend away from front yard flower beds toward evergreen shrubs planted across the building foundation for year round greenery.
MENTIONED IN THIS ARTICLE
North Carolina
Univesity Extension Horticulturists
North Carolina Orders Statewide Hiring Freeze
State officials impose a hiring freeze on vacancies aged 60 days or more. Excludes law enforcement, corrections, state hospitals, probation, and higher education. Governor directs agency reorganizations to save salaries and promote efficiency.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
William L. Turner
Department of Administration
Turner
Also Mentioned on This Page
Stock Market Report
American Exchange
Linda Rubey
New York
New York Stock Exchange
ClevEluil
Collins Rad Cog Pal
MobilOil
Cbss
Monsant
Colu Gas
Ve Montdut
Aerojet
Motorola
Air Lin
NatCan
Barnes Eng
Cont Corp
Nat Distil
ConJavin
Certron Cp
Cooperin
Nat Steel
Cinerama Creolep
Cowles Com
Nat Tea
Ve Data Control
Cox
Dixilyn Corp CrowColl
Crown Cork
Newmat
CrwnZell
Felmont Oil
NL Ind
Frontier Air
Dan River
Gt Basin Pet
NoAmRk
DennyRst
Nwt Banc
Jetronic Ind Kaiser
Blebi — DetEdis
S Norton
Va Ve Diam Sham
NortSim
Kin Ark Corp Kinsford
Dillon Co
Disney
OccidPet
Laaty Radio
Onioedis
Uxa's
Newldria Mn
Rae ‘A duPont
NewPark Mn
Owen
Bte
Norton Oils
OKC Corp
lOrmand Ind
East Air Lin
Pacgel
Bashod
Permanet
Ozark
ye + Eaton
PacPetrol
Phoenix St
Jva Ve Ve Echlin Mf
O's
Pact&t
las —_ EG&G
Resortsint
Statham Ins
le PennDix
Syntex
Rive Oe
Evans Pa
Maenney
Ja Fair Ind
PepsiCo
Filter
Fansteel Inc
Priter
Viewlex
Fedders
Phelps D
Vikoa Inc A
Phila el
VLN Corp SM
FedDeptStr
Si” — PhilMorr
Westates Priad
Filtrot
Phill Pet
Buno DR
Wilshire
Firestone
Fia
FMC Co
Puebdloin Ma
Ms ‘Ae New York
Pullman
Exchange
Questor
GAC Corp
GAF Corp
Gannett
RCA
GenMet
RepubSt
ReynMet
Genesco
Rohr Ind
Gerber
Reyccola
AllegPw
AlliedStr
Sateway
AMBAC
Geeshen
Grace
CM Corp A
Acrysug
Greyhound
Coca Ind
Mas Sears
Asmeltr
Halliburt
Harris
SingerCo
Hercule
Smith
SouthrnRy Ja
Apeco
Honywil
SperryRie
Armco St
StBrands
Kollsman
Atl Richtid
IdahoPw
Aq StOlCal
Avco Corp
INA Cp
Stauf
Ainger Rand
Stevens J
Beckman
SwiftCo
Bendix
Tampa
Tektronix
Teledyne
Tek Corp
Wwews
Telex Co Jae
Tenneco
Boeing Co
Jewel Co
Lls Tesoro Pet
Jon Laugie
Jostens
Brunswek
Bucy Eri
Thiokol
Budd Co
Kais Alum
Bulovan
TimesMir
Bunki Ramolie A. S
Katy Ind
de Timken
Buri Ind
Od KayserRo Ci
BuriNor
Kennecott
Todd Ship
Burrghs
Kimoclk
Transmra
Cadence Ind
Knightn
Cal Finani
Koppers
I Trw Inc
Krattco
CarrierCp
LearSiege
UN Carbide
CartWal 4A
Es — CastieCke
Levitz Furn
Cerro Cp
UnitCp
CessnaAir
Lockheed Air
Chris Craft
Lonesga
Ty US Steel
Chrysir
Upjohn
Clark
LVO Corp
Lykes Yngst
Bia
Varian Assoc
Vendo Co
MackeCo
Vaeipw
Marcor
Bo ‘S
Mar Mid
Banc
Va Us
Martin
WaUnion
White Motor
Melyv Sho
Whittaker
Memorex Cp
Sas
Williams Co
Merck
E Mgm
WinnDx
Zait Corp
Zenith
American Furn
Carolina Caribbean
Hardee's
Integoa Life of Carolina
Ncnb Corp
N. C. Nat. Gas
Ruddick
Blis
S Son
Wellington Hall
NEW York Exchange
A.P. Stock
Associated Pess Vb
Nes Ing. Util. Fon. L
Dow-Jones
NEW York Stock Index
Industrial
Transportation
Red’ Smiley
High Point Enterprise
Church Avenue
Russell Stover
Calhoun Drug Store
Monthey Ave
Tre
Farst Federal Savings and Loan Associations
N. Main ST
Jamestown
Main ST
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