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High Point Enterprise in High Point, North Carolina

29 Jan 1971

Page 2

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High Point Enterprise January 29, 1971 Page 2 old newspaper archives

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This newspaper page contains 8 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 29, 1971

Page

2

Market gains extend on broad front as profits taken

The New York and American stock exchange averages rose modestly with the Dow up 1.85 to 866.99 at noon. Profit taking weighed on blue chips while investors rotated into lower grade issues and mixed groups including glamor shares. Allegheny Airlines and Lerner Stores led active list gains on the American Exchange.

MENTIONED IN THIS ARTICLE

NEW York New York Stock Exchange Glamour American Stock Exchange Allegheny Airlines Lerner Rolls-Royce Career Academy Dow Comsat Motorola Aerojet Atlas Cowt Se Sa Sa Barnes Eng Cowles Brascanlt Cox Sdest Vase Nat Steel Certron Cp Va Dillard Curtisswr Nengel Dixilyn Corp Apc Newmat Dynalectra Va Ning MP Dart Ind DaycoCo Norris Ind Norfolk Fermont Oli Frontier Air Ve Deere Co NoAm Phil Noamrk Gen Plywood Sa Nongas Delta Air 21 NoStaPw Northrop Nwst Air Dillon Co NwtBanc Dromet Disney Norton Sence Disney Wi NortSim Wa Iti Corp Impricil Diversind Statham Ins Owen Cng Wa East Air Lin EasKodak la Au Owen Im Technicolor Wa Nuclear Associated Press Eg&g Eipasong PacPetr Eltracp PacPwl Pac T&t PanAm WaAir Penn Dixie Penney JC Divi- Fair Hill Fanstee! Inc PennzUn Pepsico Phelps Phila el Phil Morr Phill Pet Publicind Pueblo Pullman York (Ap Gannett Gen D Questor Ralstonp Gen Mills 328 Banco Inc GenMet Raytheon VeGnTelEl Rca Espe Gen Tire Rdig Bate Admiral W Geneseo Reich Ch AetnaLte GaPacif RepubSt Gerber Revion Arizona la Reynond Gillette ReynMet Global Marin AMBAC A&p Safeway Am Hess Joe Min Greyhound Saunders Asso Grummacp Gulf Oil Schenley Ameipw eyeCe Scoa Ind Miticix Halliburt Ve Scott Paper Ve Am Motors Harris Int Va Am Volia Vel Hercules Sears Shell Oil Shell Tr At&t HoernWal Sherw Am T&t Hoff Electron Signal Co AMF Inc Holidyinn SingerCo AMP Inc HollySug Smith KF Ampex Corp Sony Co idanoPw Spartans Ind Ideal Bas Ve Atlas Chem Imert Cp Am Bia Squibb Atlas Corp INA Cp St Brands Avco Corp Inger Rand Kolisman Oe Avnet Inc Stevens T&t Beech Air Bell How Bendix Dia Itek Corp Swift Co BenetiCo Systron Jewel Co Beth Sti JonnMan Ion Blockhr Jonnion Tampa E Boeing Co JonLogn Tektronix Teledyne Texaco Texetra TimesMir Buri Ind Kenncott Timken E BuriNer Kermcg Todd Sh Burrgns Kimlock Koppers Cadence Ing Kratico Kresge SS CampRik Kroger TRW Inc Caro Twent CarrierCp LearSieg Cartinal Union Pacif Uniroyal Unit Air Ohio Chris Craft LVO Corp Lykes Ynget Y Clark Eq UnivOrd ClevElist Univer Coca Col Bais ‘E Macke Col Upiown Colg Pal Macy RH Collins Magnvox Varian Assoc CBS Marath Vendo Co Ar “el Marcor el Mar Mid Maytag WastnAir McGrah Wa Benc Mead Corp WaUnion Mely Sho Memorex Merck Xerox Co
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Fayetteville Man Killed in Highway Crash

A 52 year old Fayetteville man William J C Walters was killed when his car ran off a U S 401 bypass near Fayetteville and struck a concrete drainage pipe. Troopers estimated the car was traveling about 90 miles per hour at impact.

MENTIONED IN THIS ARTICLE

Fayetteville, N. C Fayetteville State Highway Patrol William JC. Walters
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Dependency rules for claiming children as dependents

The ruling states full time students under 19 and older students have no income limits but you must provide more than half of their total support. There is no fixed earnings threshold. it depends on last year’s total maintenance costs and who paid most. A foster child is now treated like a blood child with no income limit under 19 or if a student.

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Railpax System Expanded to Add Five City Pairs

The Nixon administration expands Railpax with five new city pairs linking New Orleans to Los Angeles Seattle to San Diego New York to Kansas City Washington to Chicago and Norfolk to Cincinnati. Daily service begins May 1 under Railpax with about 165 runs, amid assurances of no political pressure and potential railroad participation.

MENTIONED IN THIS ARTICLE

Washington Nixon National Rail Passenger Corporation Railpax John A. Volpe New Orleans Los Angeles Midwest Volpe Seattle San Diego New York Kansas City Chicago Norfolk-Newport News Boston Buffalo Miami St. Louis Detroit Cincinnati Houston San Francisco
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B52 Bombing Raids Target Laos Viet Nam Border Routes

U S B52s bombed supply corridors along the Laos border with North Vietnam with hundreds of tons of explosives. Most raids were on the Laotian side, one in northwest South Vietnam near Khe Sanh. Tet cease fire nears end as Cambodia reports no major clashes and Phnom Penh police seize 500 pounds of plastic explosives.

MENTIONED IN THIS ARTICLE

Saigon North Vietnam South Vietnam Khe Sanh Laos Ameri Cambodia Phnom Penh
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Power shortages worsen cold snap in Northeast

Bitter cold lingered across the Northeast as a major snowstorm burdened residents. Temperatures fell near zero in New York and New England while heavy snow hit parts of the eastern Great Lakes. The New York Public Service Commission ordered a 5 percent voltage cut to conserve power amid seven major generating units out of service in Massachusetts and Connecticut. By nightfall New England utilities reported normalizing conditions and no further reductions expected unless new failures occur. Winds eased from blizzard levels affecting Pennsylvania and New York, allowing schools and roads to reopen.

MENTIONED IN THIS ARTICLE

Associated Press New York New England Great Lakes New York State Public Service Commission Massachusetts Connecticut Pennsylvania
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Nixon unveils revenue sharing plan to streamline federal aid

President Nixon pitches a $16.1 billion revenue sharing framework to Congress. It would lump many programs into six block grants starting October, with $5 billion in the first year and $11.1 billion allocated to urban and rural development, education, manpower training, law enforcement, and transportation. The plan reduces matching requirements and frees highway funds for mass transit.

MENTIONED IN THIS ARTICLE

Nixon Congress Environmental Protection Agency Istate Appalachian Regional Commission
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Budget plan aims to cut military forces and raise pay

The defense plan projects reductions to 942000 Army, 604000 Navy, 206000 Marines, and 753000 Air Force by June 1972 with pay hikes and higher weapons costs. It preserves bases and asks Congress for 75 billion to fund operations plus 1 billion in foreign military aid while pursuing an all volunteer force by mid 1973.

MENTIONED IN THIS ARTICLE

Army Navy Defense Melvin R. Laird Pentagon Congress Nixon Defense Department
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Also Mentioned on This Page

Stock Market Report American Exchange NEW York Exchange NEW York Stock Index Ind. Rails Rails Ind Util Fon. L Dow-Jones Industriwie Terre A.P Jencharan Tnggmere High Point Enterprise Dept P.O Radio City N.Y A. B.C New North State North State Telephone Co High Point Randleman Jamestown Thomasville N. M Dickson, Powell, Kistler & Crawford American Stock Exchanges Aid
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