Market gain lifts stocks as earnings spur modest advance
Weak trading Friday sees the Dow rise 5.33 to 891.72 as analysts credit better second quarter profits for a narrow stock advance. Strength in Chrysler IBM and other big issues boosts select sectors while overall volume remains light on the New York Stock Exchange.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Chrysler Corp
IBM
Jones & Laughlin
Ling-Temco-Vought
J&l
Ling- Temco
Dow Jones Averages and Stocks Report
Dow Jones averages and stock figures provided with mixed movements across sectors. Notable readings include utilities and rail segments with modest gains and declines amid fluctuating bond values and market activity.
TV Camera on lunar rover to beam live Earth view during rover trips
The lunar rover will travel about 22 miles in three excursions from the lunar module with a remotely controlled camera sending live footage to Earth. Viewers may see the canyon floor and walls, the atomic powered science station, a 10 foot drill, and later the lunar surface from the mountain and crater areas as battery power allows.
MENTIONED IN THIS ARTICLE
Earth
Mission Control Center
Interdealer NASD Quotes Snapshot At 11 A.M.
Quotations from the NASD reflect representative interdealer prices around 11 a.m. Markets change during the day and prices exclude retail markup markdown or commissions.
Legislature Advances Toll on Liquor and Local Tax Powers
The House approved Johnsons plan to shift 8.4 million to Social Services relieving counties of 15 percent of Medicaid costs while maintaining state 85 percent funding. Lilleys amendment passed 46 30, and a tax revenue allocation to Social Services was approved. Debate spurred by teachers pay and alcohol rehabilitation funding followed. A North Carolina bill granting counties and cities authority to call ABC referendums without legislative approval moved forward despite opposition.
MENTIONED IN THIS ARTICLE
Department of Social Services
Johnson
Lilley
House
Clarence Leatherman
D-Lincoln
Appropriations Committee
Bob Scott
Perry Martin
Northampton
General Assembly
Sneed High
Cumberland
Senate
North Carolina
Bobby Lee Combs
D-Catawba
Combs
Marshall Rauch
D-Gaston
Optisene Asia
Systems Franch
James
ID Mecklenburg
Nuclear options debated over Indochina history
A collection of historical references discusses calls and proposals to use atomic weapons in Indochina. It notes plans to destroy North Vietnamese power and rail links, disrupt Red River irrigation, and neutralize Hainan Island, citing Radford's memorandum and later claims about Dulles offering atomic bombs to France. The discussions include Barnard Fall’s 1967 analysis and a 1965 telegram from Grant Sharp.
MENTIONED IN THIS ARTICLE
Red River
China
Hainan Island
Arthur W. Radford
Joint Chiefs of Staff
Charles E. Wilson
Indochina
Dien Bien Phu
U.S
Vietnam
Secretf
John Foster Dulles
Barnard B. Fall
Dulles
Georges Bidault
The
National Review
Grant Sharp
Pacific
Sharp
Moscow
Peking
Haiphong Harbor
Dean Rusk
Congress
Viet Cong
National Liberation Front
North Vietnam
Lane Co. reports higher six month sales and earnings
The Lane Co. Inc. reports net sales of 36.62 million for the first half, up 3.8 percent from 35.28 million last year, and net earnings of 1.71 million, up from 1.58 million. Earnings per common share are 38 cents, after preferred dividends, versus 62 cents a year ago. Hampton C. Powell cites improving order books since April at the High Point furniture market.
MENTIONED IN THIS ARTICLE
the Lane Co., Inc
Hampton C. Powell
High Point
Pilot Life Insurance Sales Rise in First Half 1971
Pilot Life Insurance Co reports six month 1971 sales totaling 385,072,062, up from 329 million in 1970. Individual policies exceed 174 million, with group coverage at 211 million. In force insurance climbs 10 percent year over year, ending June at 5,541,545,532.
MENTIONED IN THIS ARTICLE
Pilot Life Insurance Co
Draft Lottery Slated Aug. 5
Washington AP The 1972 draft lottery is set for August 5 at 10 a.m. in the Commerce Department auditorium to determine the order of call ups for next year. With the draft law expired, officials say the lottery proceeds under existing machinery as Congress debates a renewal amid Indochina withdrawal disputes.
MENTIONED IN THIS ARTICLE
Washington
Congress
Selective Service
Curtis W. Tarr
Commerce Department
Tarr
House
Senate
Secretary of Defense
Melvin R. Laird
Senate Armed Services
John C. Stennis
Dmiss
House-Senate
Mike Mansfield
U.S
Indochina
Mansfield
Republican National
Robert J. Dole
White House
Nixon
Paris
Pentagon
High Point Enterprise Postal and Subscription Notice
Daily Only By Carrier Weekly 60 cents Monthly 2.60 or 31.20 Mail subscription in North Carolina subject to 3 percent sales tax. The Associated Press rights noted for local news and dispatches. Second class matter at High Point Post Office under March 3 1879 act. Carriers dealers distributors are independent contractors and the publisher not responsible for advance payments. For home delivery rate contact local carrier Ward Griffith Company. National Advertising Representatives.
MENTIONED IN THIS ARTICLE
New York
American Stock Exchange
Atlas
Barnes Eng
Cinerama
Felmont
West Basin Pet
Husky
Os impriOil
Jamesway
Jetronic Ind
Eeiss Kaiser In
Tite
Kingsford
Puritan
Statham
Syntex
Tesoro Vet
A. Wives Viewlex Se
VLN Corp
Westates Pt
Wilshire
Yates Ind
Yonk Ra
Zim Hom
Associated Press
Bankuptcy Act
N.C
High Point
High Point Enterprise, Inc
Ward Griffith Company
National Advertising Representatives
Registration Push at ECU Aims for 18 to 20 Year Old Voters
East Carolina College plans a mass voter registration drive this fall targeting students ages 18 to 20. Student Government Association president Glenn R. Croshaw says state and local laws will be provided to all ECU students in Greenville and elsewhere voters must register. He hopes the program reaches about 75,000 eligible voters in the state and notes the campaign will remain nonpartisan.
MENTIONED IN THIS ARTICLE
Greenville
N. C
East Carolina
Associaton
Glenn R. Croshaw
ECU
Croshaw
Daughter of Minister Testifies in Murder Trial
Edith Elaine Crisco nineteen, daughter of a Raleigh minister, testified that she and two men planned a robbery of Pearl Forney Walker known as Aunt Pearl. She said the men entered the home while she waited in the car and a gunshot followed a scream. The men face first degree murder charges while Crisco is charged as accessory after the fact and held on ten thousand dollar bond. Mrs Walker was found shot dead at her home near Concord.
MENTIONED IN THIS ARTICLE
Concord
N.C
Edith Elaine Crisco
Raleigh
J. C. Castor
Phillip Scerey
Rowan County
Pearl Forney Walker
Pearl
Scercy
Mrs. Walker
Lord
Miss Crisco
Sanford School Gets Educational FM Station Approval
The Federal Communications Commission approved Central Carolina Technical Institute in Sanford North Carolina for an educational FM radio station on 89.5 megacycles.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
Central Carolina Technical Institute
Sanford
N.C
Lord Astor of Hever dies at 85 in Riviera hospital
Lord Astor of Hever a United States native who owned the Times of London for 44 years died Monday night in a Riviera hospital He was 85.
MENTIONED IN THIS ARTICLE
Lord Astor of
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Fla Pow
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Pullman
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Global Marin
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At&t
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AMP Inc
Shell Ol
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Heublein Wi
Sherw
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Ignal Co
Ancorp
Hoff Electra
ingerCo 2
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Macke Co
Macy
Va Wa Banc
Marcor
McDond
Ve Whittaker
McGrwh
Williams Co
Mead Corp
WinnDx
Rails Us
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Merck
Aerox Cp
Zale Corp
Zenith R
AMIC
Carolina Caribbean
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Associated Pm
NCNB
Rails Ind
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Wellington Hall
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Lane Sales Up
High Point Enterprise
Church Avenue
Preventor Security Center
North Main Street
New York Stock Exchange, Inc
N. Main Street