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20 Jan 1971

Page 1

High Point Enterprise in High Point, North Carolina

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High Point Enterprise January 20, 1971 Page 1 old newspaper archives

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jan 20, 1971

Page

1

Market Report Shows Mixed Declines and Gains Across Sectors

Stock market activity after rate cuts posted a modest rise with the 60 stock average up 0.4 to 298.2 at noon. Industrials including steels, motors, electronics and oils led gains while mail order retail utilities and airlines fell. Large trades included Pittston, Kroger, General Public Utilities, Niagara Mohawk, and TWA with varied movements. Amex listings such as Syntex Guerdon VNL Viewlex and Camco showed mixed results.

MENTIONED IN THIS ARTICLE

Pittston Kroger General Public Niagara Mohawk TWA Amex Syntex Guerdon VNL Viewlex Camco David Burke Motorola Misiatt New York ContCan Elsc Dow Jones Eng CPC Crovse Hind CrawColl Natomas Certron Cp Cinerama Ais Va New York Crown Cork CrivriZell Newberry Val Stock Exchange Cudahy Nenger Dillard Corlisswr Ning Vin Dixllyn Corp Norfolk EquitCo Dart Ind Vo Norris Ois Fed Rasrees Noam Phil Noamak Fetmont Gil Ws Dayeacp Va Frontier Air Bea Aa Deere Co Northrop Nwst Oetta Wit Husky NwiBane Norton Dromett Te Veta VBA Kaiser Lava Newldria- Min DawChams Olin Corp Walae Wi NewPark Omarkin Indya Ah Ava Ye Jouke Otis Elev duPont Tee Dug Iy Owen Cng Dynam Am Owen IM Technicaler Associated Press EasKodak Pacity Eaton Jol PacPetri Echlin Eg&g Pac T&t Paoh Va Penn Ethyl Cp Penn Dixie Ag Evans Prd Penney JC Bannual PennzUn Fair Hill Pelzer Fansteel Inc Phelps Pitney Fordicks Pullman GAF Corp Ae Gannett Ralston Banco Inc Gen Mills RCA Reich Dean Wye Genesco Rohr Cp Bo Arizona Sbla Gillette Roy Ccola Ale — MescanAlir VelGlen Alden Roy Dutch Alleg Global Marin Ryder Sy AllegLud Gandrleh Goordyr Allied Grace Allis Alcoa AMBAC Chenley Gulf Oj SCM Corp Acrysug Velgiestiftil Yaiscia Ind Gulf Wn Arris Shell Val HoernWal SingerCo At&t Houldyinn Amar Inc HolySug Sapy Cp Scar Hongwil Soucase Ampex Corp Househe South Co Somgas Anch Hock Houslp Sac Pac Arch Danl Yamaf Spartans Saisorryr Lideal Bas Vita Ashid OM Squibb Atlas Chem Velstauf Sui Babek W Stevenss Valior T&t Beckman Vailek Corp Swift Co Systron Dann Bendix BenefiCo Jewel Co Benguet TadohoMan Atha Tektronix Tampa Jostens Sly — Va Borden Joy Mig Siva Texaco Borgwar Texetrn Brit Pet ValKan GS Thiokol Bulovaw KayserRo TimesMir Avia Todd Ada KimbCik Yaj Berryhs Koppers Transmra Transitre Ava Ty Kresge LearSleg Caro UN Carbide Dita AB AM CastleCk Union Pacit Limaaind Uniorval Cerro Java LonesGa Chris Craft LVG Corp Bykes Ynast US Steel Univi M— Univer Varlan Assoc Marah Venda Co Marcor Veeipw CBS Martinny Colu Gas Val MayoStr Yalwachova Warlam McDonnd Mead Corp Baric WnoUnten Anmorex Cp Merck Weyerhs Woolwich MobilOil Ind. Ralls Ui MonsDur Assoc Manth Is Ind. Ui, Fon. Ltd
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A.P. Stock Averages and Dividend Terms Glossary

A compact glossary of stock market shorthand detailing terms like Ex dividend Ex rights With warrants Without war rants Next day delivery In bankruptcy or receivership foreign issue subject to interest equalization and other stock actions. Each term defined in brief for quick reference.

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Three From Thomasville Convicted Of Shoplifting

In Lexington three residents from Thomasville area were convicted on shoplifting charges in district court. Zonia Shoffner of Doak Street and Lissie Logan of Route 3 were sentenced to three months, suspended for two years with conditions to pay court costs and avoid Rose's Store premises for two years. Kathleen Smith of Route 3 received 30 days, suspended on the same terms.

MENTIONED IN THIS ARTICLE

Lexington Thomasville Zonia Shoffner Doak Street Lissie Logan Rt. 3 Rose Kathleen Smith
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Hunter finds courage on Christmas eve escape tale

Bailey and Conquest vanished after a hunting trip in Idaho's mountains. Bailey described surviving in snow with improvised food and shelter from Dec 26 until authorities canceled the search on Dec 24. He recalled cold nights, bear meat, and spotting one helicopter overhead during the ordeal. Conquest’s body was to be recovered from the mountains.

MENTIONED IN THIS ARTICLE

Joe Bailey Sun Valley’ Hospital Wendell Idaho Conquest
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Cape Fear Corp names Wayne Pennington PR firm

Carolina Cape Fear Corp, headquartered here, has retained Wayne Pennington & Associates as its public relations agency. Cape Tear is developing Bald Head Island, a 13,000 acre subtropical island complex off the southernmost point of North Carolina, about three miles from Southport.

MENTIONED IN THIS ARTICLE

Carolina Cape Fear Corp Wayne Pennington & Associates Cape Tear Bald Head Island North Carolina Southport
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New Office Opens for Jefferson Standard Life Co

Wilbur M Currie announced the opening of a new office for Jefferson Standard Life Insurance Co sales and service at 126 N Main St. This move expands local coverage and provides access to policy services and consultations.

MENTIONED IN THIS ARTICLE

Wilbur. M Currie Jefferson Standard Life Insurance Co Main St
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Public relations workshop aids life insurance talks in Atlanta

Ed Lyon a local New England Life representative and state public relations chairman of the National Association of Life Underwriters attended a Tuesday workshop in Atlanta Ga aimed at improving communications between life insurance sellers and owners.

MENTIONED IN THIS ARTICLE

Ed Lyon New England Life Atlanta Lyon National Assn. of Life Underwriters
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Debits Rise Across North Carolina Banking Centers

Federal Reserve Bank of Richmond figures show December debits up in NC major centers. Durham SMSA climbs 37 percent from 339.6 million to 465.2 million, Fayetteville SMSA up 14 percent from 175.4 million to 199.6 million, Greensboro-Winston-Salem-High Point up 12 percent from 203.9 million to 246.1 million.

MENTIONED IN THIS ARTICLE

North Carolina Federal Reserve ‘Bank of Richmond Durham Standard Fayetteville SMSA Greensboro
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Nixon halts Florida canal project amid environmental clash

President Nixon orders the Corps of Engineers to abandon the Florida across land canal project after a preliminary injunction and court action. Conservationists praise the move while vowing further legal challenges to block similar dam or canal works.

MENTIONED IN THIS ARTICLE

Washington Nixon Corps of Engineers Florida U.S. District Court Environmental Defense Fund Morida Defenders of the Environment
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Insurance Repeal Bills Introduced in North Carolina

In Raleigh AP reports a trio of Senate bills to repeal compulsory auto liability insurance and let insurers set rates competitively. Sen. David Waherty argues compulsory coverage keeps rates high. A 1953 statute would govern uninsured drivers if repeal passes, with one bill proposing a rate analysis division within the Department of Insurance.

MENTIONED IN THIS ARTICLE

Raleigh Senate North Carolina David Waherty R-Caldwell Flaherty State Department of Insurance Insurance Department
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Wachovia declares dividends and elevates executives

Wachovia Dividend Directors announce a regular quarterly dividend of 30 cents per share for Wachovia common stock payable March 1, 1971 to holders of record February 1, 1971. A 55 cent quarterly dividend is set for convertible preferred stock. J Scott Cramer and John G Medlin Jr elected executive vice presidents of Wachovia Bank and Trust, moving from senior vice president roles.

MENTIONED IN THIS ARTICLE

Wachovia Corp Wachovia Bank and Trust Co Wachovia J. Scott Cramer John G. Medlin Jr Wachovia Bank and Trust Cramer Medlin
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New York Police End Six Day Wildcat Strike

City patrolmen returned to duty carrying nightsticks and signs after delegates of the Patrolmen's Benevolent Association voted 229 to 112 to end the six day walkout. The parity pay issue remained unresolved as court action on Taylor Law penalties loomed, with negotiations continuing among the city, firemen, and other uniformed services. Transit officers and other unions moved back to work while sympathy strikers rejoined.

MENTIONED IN THIS ARTICLE

New York New Yorker Patrolmen’s Benevolent Association Uniformed Services PBA
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Nixon Era Collides With Moon Landing Milestone

Nixon announced phased U S troop withdrawals while the Apollo program reached its historic lunar landing. He toured the recovery at sea and outlined a future foreign policy limiting U S troop roles abroad. Back home, Congress rejected Supreme Court picks and blocked key domestic reforms amid protests and political upheaval.

MENTIONED IN THIS ARTICLE

South Vietnam U.S United States Senate Nixon Pacific Guam Congress Supreme Court Cambodia South Vietnham White House Ohio Mississippi Walter J. Hickel Cane Pan
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School Budget Shuffle Signals Education Reform

RALEIGH AP The plan is to reshuffle Gov. Bob Scott’s education budget of 4.3 billion dollars with possible deletions as lawmakers seek more money for teacher pay and kindergarten. House leaders named Royall to head the Appropriations Committee and Quinn to chair the Finance Committee, while Beatty warned lawmakers to expect tough questions when pressed for more funding. House actions also include a proposal for annual General Assembly sessions and gubernatorial succession, plus a bill to lower the voting age to 18 by redefining minors.

MENTIONED IN THIS ARTICLE

Raleigh Thelntent Appra Itsj Bob Scott Jim Beatty D-Mecklenburg Orwray Beatty Phil Godwin House Godwin Scott Kenneth C. Royall Jr Durham Dwight’ Quinn Beatty NCAE
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Mail Strike In Britain Hits Hard

Britain faced a lengthy postal strike as wage talks collapsed and no new negotiations were planned. Post offices stopped accepting telegrams and mailboxes were sealed as a midnight strike began, halting most Britain to world mail routes and forcing private couriers to ferry letters to France.

MENTIONED IN THIS ARTICLE

London Britain Electra House Dominion Tele+ communications Staff Association United States France Spain West Gemany Australia Japan Canada Birmingham Glasgow Belfast Paris
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Also Mentioned on This Page

Stock Market Report QALY Vey Dow-Jones A.P. Stock NEW York -Exchange Hunter Oklawaja Baty Oklawath Nuk May Atlantic Yankeelawn Mexico Morida N.Y George & Kathleen Kews Westchester Fondue Perry Westchester Mall
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