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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 25, 1972
Page
2
Stock prices fell broadly for the fifth straight session amid profit taking. The noon Dow slid 3.61 to 893.21 while the NYSE showed more decliners than advances. Analysts cited market consolidation after prior gains and concerns over 1972 1973 fiscal deficits.
Gardner led a candidate believed to have a path to November victory. When asked if Holshouser could win, Garder replied that defeating him in the primary would prove Holshouser could win in November.
Rocky Mount businessman and former congressman Gardner argues for a political overhaul in North Carolina with new leaders and programs. He criticizes current policies and pledges to move the state forward, saying voters seek depth over gloss and a GOP governor to inject new energy.
The noon report shows mixed moves across sectors on the New York Stock Exchange. Major indices edged lower with declines in transportation and utilities while finance and industrials held steady. Corporate activity and market sentiment remained cautious as trading paused for midday. The overall index stood at 56.73 with modest shifts across subsectors.
James Claud Fulbright, former assistant director of public works in High Point during 1971, joins Wm. F. Freeman Associates, a High Point design planning firm. Hickory native, he earned a 1970 civil engineering degree from NCSU after early work with the State Highway Commission and Hickory city projects. He and his wife reside in High Point.
Underwriters John W. Galloway of Washington D. C. and assistant director of public relations for the National Association of Life Underwriters will headline the Central Carolina Chapter meeting. The dinner session begins at 6 30 p.m. Thursday January 27 at Jefferson Standard Country Club in Greensboro.
The High Point advertising firm Behrends Harwell Henderson won a silver medal in the Piedmont Triad Advertising competition. Gianaris Associates of Greensboro captured the gold. The awards were announced at the annual banquet held here last week.
Sales for the first quarter ended December 31 reached 66,272,709, up from 48,657,213 a 36.2 percent rise. Net income rose to 1,714,349 from 931,746, an 84 percent increase, with earnings of 29 cents per share versus 18 cents.
The High Point Enterprise lists home delivery and mail subscription rates for daily and Sunday editions, with monthly and annual options. It notes AP affiliation, address in High Point North Carolina, and disclaimers about independent distributors and prepaid subscriptions.
In Harrisburg the judge overseeing the Philip Berrigan conspiracy case threatens to bar reporters from jury selection and seal questions and responses until the jury is sworn. Early publication could bias jurors. voir dire may proceed in camera if violated.
The field for the Democratic presidential nomination grows with Lindsay and McGovern joined by Hartke Humphrey Jackson Muskie McCarthy Yorty and Wallace. Jackson opposes massive bus integration while Wallace blasts wealth giveaways and touts big government. Yorty seeks to remove his name from Florida primary and Hartke accuses Nixon of panic wage controls. Muskie gains White and DiSalle pledging support for May 2 Maine and Ohio efforts.
The Federal Trade Commission proposed a complaint against Kellogg, General Mills, General Foods, and Quaker Oats alleging a 30 year pattern of monopolistic practice in promo tion and production. The four control 91 percent of U S ready to eat cereal with responses due in 60 days and potential divestitures and restrictions outlined.
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