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High Point Enterprise in High Point, North Carolina

01 Jul 1971

Page 2

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jul 01, 1971

Page

2

Dow Climbs for Third Straight Day Amid Viet Cong Proposal

The Dow Jones average rose 2.70 to 893.84 as the AP 60-stock index gained 1.1 to 320.3. Advancers beat decliners 2 to 1 on the New York Exchange as investors welcomed a Viet Cong proposal tied to prisoner releases and a potential U.S. withdrawal from Vietnam.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange U.S Vietnam Nixon Associated Press Colu Gas MGM MorNor Cot! Corp Motorola Shenote Cooperin Nabisco Ms Cowles Com NewPow Deere Co Newmat del Monte Delta Air Norfolk Denny DetEdis WiNo Am Phil Norrisind Noamre Dillon Co Nosgas Disney NoStaPw Northrop Norton DowChem Nor’ Simon Duke duPont Ve Occa Pet Dug Lt OnWioEdis We! Dynam Am Okla GE An Ulta OklaNnGs le Ul East Air Lin Olin Corp Nitis Elev Wiha Echiin Mt Ai Eg&g Owen Eipasong Owen Tll Eltracp Pacgel Evans P PacPetr PacPwl Fedders Penn Cent Penn Dixie Penney JC Firesine PaPwit PennzUn Phelps FMC Co Pnila el Food Fair PhilMorr New York Stock Forum ForMcKs Freepvin Pitney Pubsco GAF Corp Gam Sko Address Publicind Admiral GenElec Pueblo Pullman Arizona la Ralston P Banco Inc Raytheon Genesco RCA Rdg Bate RepubSt AllisCh Revion Tyo Reyn Ind Royccola RoyOut Ryder Safeway Ameipw Gt West Fint Val Sanders Greyhound Am Motors ScherPig SCM Corp Wwe Scoa Ind At&t Scott Paper T&t AMF Inc Wisss Halliburt Ste Sear! GO AMP Inc E Harris SearsRo Ampex Corp Shell Oil Hercules Heubdlein Shell Traso Ancorp ApecoCo Hoernwat Arch Dan SingerCo Armco H Smith SonyCo Sony Co Tehenved Soucale South Co Atlas Chem Soungas Atlas Corp Ue Howmet Southn Pac Aveo SouthraRy 3A idahoPw St Brands Mat Babckw Kolisman Beckman Bell Bendix Boeing Co Swift Co BoisCas I$ Borden Tek Corp Ystron Donn BorgWar Tampa Jewel Co Tektronix Ws Brunswk JonnMan We Wu Teledyne Bucy Er Jonnijon 4A Telex Co No Sa Sia Budd Jon Logary Sas Ste Tenneco Bulova Jon Lang Texaco riNor Kange Ve Textron Thiokol Cal Finan Katy Indir Thrift Dr TimesMir ci Kennecott Ate Timline KimbCik CarrierCp Transmra Krattco TriCon Trw Inc la CaterTr Kresgers Kroger Cenco Ins LearSieg CessnaAir Ches Onio Libbofd UN Pac Cp ChiMil Spp Sle Ae Uniroyal Chris Craft Chrysir Littonind Lockheed Air Loews Corp Indust LoneStarin Clevelill US Steel Colg Pal Univeilre Collins Rad Lukens St Ye ‘E Univer Comp Colonnist CBS Lykes Yngst Varian Assoc Ve Vendo Co jMacke Co VaEiPw Macy RH Magnvox Marath Warlam Marcor Martie McGrah Ala White Motor Jed Mead Corp Whittaker Mely Sho Williams Co Xerox Cp Zale Corp Zenith Sion
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New York Stock Index Brief Update

AP report from New York at noon notes mixed moves in the market with small price changes across sectors. Industrial and transportation shares show narrow shifts while utilities and finance drift modestly.

MENTIONED IN THIS ARTICLE

New York Industrial Perenepree Rea
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Pentagon Study Presses On In Vietnam War Policy

The Post reports that in 1963 and 1964 the US sought to stay in Vietnam rather than withdraw, resisting de Gaulle’s calls for neutralization. It cites a Kennedy era push to deepen US involvement and a 1961 envoy directive to bolster Diem, while a planned policy allegedly framed Diem’s coup outcomes.

MENTIONED IN THIS ARTICLE

SVN The Post Charles de Gaulle South Vietnam United States Pentagon Vietnam Diem U.S
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Inter-Dealer NASD Price Quotations Snapshot

NASD quotations show inter-dealer bid and ask prices around 11 a.m. for various issuers and sectors. Entries include American Furn, Carolina Caribbean, Hardee's, NCNB Corp, North Carolina Natural Gas, Public Service of North Carolina, Ruddick, Sou. Film, Wellington Hall, with bid and ask percentages or values noted, reflecting early market levels.

MENTIONED IN THIS ARTICLE

ASK _AMIC American Furn Carolina Caribbean Hardee’s Seman Ty Oseed Life of Carolina Ncnb Corp NC Natral Gas N.C Ruddick Pref Ruddick Cammion Huandhixekerd Wellington Hall
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Contempt Vote Hits CBS Chief Over Pentagon Documentary

The House Commerce Committee voted 25 to 13 to recommend contempt of Congress against CBS and its president Frank Stanton for not producing subpoenaed materials tied to The Selling of the Pentagon. The case moves to the House floor and could head to the Justice Department for prosecution.

MENTIONED IN THIS ARTICLE

Washington House Commerce Committee Columbia Broadcasting System Frank Stanton Pentagon House Justice Department Harley O. Staggers West Virginia Ranking Committee William L. Springer Ilinois CBS Stanton New York
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Vietnam War Leaders Weigh Bold Moves For Morale

A June Honolulu memo shows Gen. Westmoreland and Gen. Westmoreland and Ambassador Lodge debating dramatic actions to lift South Vietnamese morale. Lodge urged punitive air strikes against North Vietnam while Westmoreland framed victory as a stronger military commitment.

MENTIONED IN THIS ARTICLE

Tchepone Lodge Ho Chi Minh Trail Honolulu Pentagon Westmoreland Laos Ambassador Lodge North Vietnam
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Peace plan calls for U S pullout with prisoner release

Xuan Thuy said the United States agreed to withdraw all forces by year end under a Vietnam war peace proposal. Mrs Nguyen Thi Binh presented the plan to Paris negotiators and received cautious support from Viet Cong delegation. Washington will study terms for removing fighting men and prisoners and the plan’s impact on South Vietnam stability. The proposal links a fixed withdrawal date to the release of American prisoners as demanded by President Nixon.

MENTIONED IN THIS ARTICLE

United States U.S Paris Xuan Thuy David K.E. Bruce Nguyen Thi Binh Washington Vietnam South Vietnam Mrs. Binh Nixon
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State Government Shakeup Near Final Passage Today

Raleigh AP reports the North Carolina Senate moved toward final approval of a 17 major department reorganization bill. Sen. Julian Allsbrook opposed provisions affecting Halifax and Bath historical societies and the Battleship Commission, arguing it shifts control to Raleigh and local effects were underconsidered. The plan, to be phased in from Oct 1, 1971 and fully by July 1, 1972, also makes the lieutenant governor role full time from Jan 1, 1973.

MENTIONED IN THIS ARTICLE

Raleigh Senate North Carolina Julian Allsbrook Halifax New Hanover John Burney Allsbrook Bath North Carolina Battleship Commission North Carolina Symphony Society Council of State Department of Administration Revenue Department
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Drug Users Programs Advocated

A North Carolina study of 118 inmate drug users shows they are about 20 years old, well educated, from relatively comfortable families, and less violent than average prisoners. The report urges treatment and training focused on unstructured creative tasks. Commissioner Bounds says current policy treats drug users like other inmates.

MENTIONED IN THIS ARTICLE

Raleigh North Carolina The Correction Commission James H. Panton Robert C. Brisson North Carolina State University Correction V. Lee Bounds
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Court ruling frees Pentagon papers from restraint

Stewart Burger delayed printing purloined documents for months prompting questions why the court acted swiftly. The decision allows the Times the Post and other newspapers to publish without restraint, but the majority’s stance is limited to this case and does not establish a broad landmark proposition.

MENTIONED IN THIS ARTICLE

Burger Times the Post Pentagon Stewart White
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Auditor says directive fixes most issues at Highway Commission

North Carolina Auditor Henry Bridges told the House Rules committee that Governor Bob Scott's directive largely solves the accounting and procedural problems found in the Highway Commission but he still sees an enforcement gap. Bridges urged lawmakers to grant his office enforcement authority as legislators debated readying legislation to empower the auditor's department.

MENTIONED IN THIS ARTICLE

Raleigh North Carolina Henry Bridges Bob Scott Bridges House Rules Committee Scott Highway Commission Lauch Faircloth Legislative Investigating
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Liability Insurance Up For Repeal

A Raleigh AP report notes a House Insurance committee plans to begin considering bills to repeal North Carolina compulsory auto liability insurance and switch to a file and use rate plan. Rep. Jack Rhyne pressed to remove the subcommittee’s changes, citing Florida’s experience with non compulsory rates.

MENTIONED IN THIS ARTICLE

Raleigh House North Carolina Jack Rhyne D-Gaston Rhyne Commissioner of Insurance Florida
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Salmon prepare for spawning journey by fasting at sea

Before leaving salt water for the spawning grounds salmon accumulate oils and fats and refrain from eating during the long voyage.

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Also Mentioned on This Page

Stock Market Report Linda Rubey American Exchange American Stock J Exchange Buttes Certron Cp Cinerama Ala Dillard Dixilyn Corp Ste Essex Frontier Husky impriOil Instrum Sys Marshal Ind McCrory Milgo Elect Ozark Statham US HomCp Viewlex Vikoa Tnc A.P Dow-Jones NEW York Stock Index High Point Enterprise High Point Enterprise, Inc Church Avenue High Point Okly Ward-Griffith Company National Advertising Representatives TORO Toro Mfg. Corp High Point Hardware CO S.main Street
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