Market slips as Dow tests 870 level after mixed news
Dow Jones average falls to 876.10 as declines outpace advances about 2 to 1 in active NYSE trading amid discouraging economic news. Analysts say a technical rally could occur if the Dow holds the 870 to 875 range. several glamour issues move on mixed results.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
IBM
Polaroid
Xerox
Burroughs
U.S. Steel
Bethlehem Steel
Republic Steel
Lockheed
Aircraft Corporation
Senate
Billy Graham Warns Moral Law Must Be Followed
Evangelist Billy Graham declares the Ten Commandments are absolute in Oakland as he warns democracy could descend into anarchy if truthfulness and integrity fade. He addresses 28,500 at the Coliseum during the fifth day of the crusade, noting 166,600 attendees and 8,100 pledges to Christ so far.
MENTIONED IN THIS ARTICLE
Oakland
Calif
America
Evangelist Billy Graham
Oakland Coliseum
Graham
God
Christ
Krishna
Buddha
Mohammed
Retarded Boy Found Alive on Casper Mountain
Kevin Dye, a mentally retarded year old missing for 10 days on Casper Mountain, was found alive near the search area. Rescue teams carried him down the 8,110 foot peak after initial reports said he was in fairly good condition. The epileptic boy had no medicines during the ordeal and survived on stream water and discarded food.
MENTIONED IN THIS ARTICLE
Casper
Wyo
Kevin Dye
Kevin
Burlington Industries Reports Lower Quarterly Sales and Earnings
Burlington Industries, Inc. posts 428 million dollars in consolidated net sales for the quarter ended July 3, 1971, down 4 percent from the prior year. Quarterly earnings fall to 10.6 million dollars, or 40 cents per share, from 17.7 million and 68 cents. Nine month totals show 1,298 million in net sales and 35.9 million in earnings, 1.36 per share, versus last year’s 1,353 million and 55.4 million or 2.12 per share. Chairman Charles F. Myers Jr. cites weaker sales volumes and prices, with home products improving.
MENTIONED IN THIS ARTICLE
Burlington Industries, Inc
Charles F. Myers Jr
Blue Bell Announces Two-for-One Stock Split and Growth
Blue Bell Inc reports nine month sales of 201 million dollars up 24.5 percent with net profit of 8.9 million dollars up 40 percent. Quarterly sales reach 77 million dollars with 3.9 million profit. A stockholders meeting on Sept 4 is set to approve an increase to 15 million shares for a potential split on Sept 14. Directors declare a 30 cent dividend for Aug 13 and plan a 34 cent December dividend on a split adjusted basis.
MENTIONED IN THIS ARTICLE
NEW York
Tig Exchange
Colu
AmPetri
Indus’ Comsat
Wmohas
Mont
al MorNor
Brascanit
Conti Cor Uv
Motorola
Certron
Cinerama
Nabisco
Cowles
Dillard
Natcashr
Felmont O
Matella I
Crwnell
Frontier Air
Dan River
Deere Co
Corp
Norfolk
Jamesway
Delta Air
Norris Ind
Jetronic
DennyRs
Kaiser
Noamre
Kin Ark Corp Diam Shama Em
Dillon Co
Nongas
NoStaPw
Disney
Northrop
Lee Ent
Nwst Alras
Ve Ling Tvgt
Or Pepper
LoewsThewt
Norton
Marshal Ind
Nort Simon
Dressind
Oceid Pet
Newldria Mn
Duke Pw
NewPark
duPont
Olin Corp
Nuclear
Omarkin
OKC Corp
Ozark
East Air Lin 247
Owen Crg
Baskodak Ta
Owen ii
Ss Phoenix St
Eg&g
Eipasong
Statham Ins
Panam WaAir
Syntex
Evans P
Rand
Fairch
Fair Ind
Penn
Fanstee! Inc
Viewlex
Pepsico
Vikoa Inc
Filtro
Meun Westates
Vlun Corp
Fiirestne
Wilshire
Yates
FMC Co
Polaroid
Stecee
Associated Press
Food Fair
Ford M
Forvicks
NEW York (Ap
GAC Cp
GAF Corp
le Pullman
Gam Sko
Questor
Rly
Lee
Gannettes
Ralston P
GenElec
Banco Inc
ACF Ind
Raytheon
Sloonmans Se
Admiral
RainaLie
Reich Ch
RepubSii
Genesco
Reyn Ind
WiGien Aiden
Roan Co
Global Marin
Royccola
Allied Ch
Goodrich
RoyDut
AlliedStr
Goodyr
Ryder Sy
Grace
Alcoa
Sateway
Stroem
A&p
SanFeint
Greyhound
GiStOtt
Scott Paper
Guif
Seergo
Hallipurt
SearsRo
Arm T
Am Motors Wa
Harris
Shell Tr
Heciam
Hercules
Sherw
Ms ‘Signal Co
Heublein
Smith
HollySug
Soungas
Pac
Apeco Cp
Honywil
Squibb
StBrands
Richfid
idahoPw
Kolisman
Atlas Corp
Ideal Bas
Srolical
Aveo Corp We
Srollind
Avnetin
Ny Ve Import Co Am
Inger Rand
Stauf
SterDrug
Stevens
SunOll
Nick
Swift Co
Bendix
Iowa Beef
Systron Donn
Sble Towa Psyv
Tampa el
Va BenetiCo
Boeing Co
Jonnian
Tenneco
BoisCas
Texaco
Borden
JonLogn
Jostens
Joy Mfg
Brunswk
Textron i
Bucy Er
Kaisr Alum
Thiokol
Budd Co
Thrift Or
Bulovan
KaenPlt
TimesMir
Bunki Ramo
Timken
KayserRo
Todd Sh
Burt No
Kennecott
Trans
Kerrmcg Wi
TriCon
KimbCik
Trww Inc
Koppers
Krattco
VAL Inc
Caro
Kresgess
UMC Ind
CarrierCp
Asia
Kroger
UN Carbide
CartWala
UN Elec
Macke
UnOnCal
Uniroyal
Littenind
UWS Indust
Ches Ohio
Loews Corp
Chris Craft
Lonesga
Joe mMay
LVO Corp
Varian Assoc
Lykes Yogst
Vendo Co
VariPw
Macke Co Gi
Macy Rhau
WachCp
We Warlam
Magnvox
Marath
WastnAir
Mercer
Banc
Martid
Martinm
Mead Corp
Williams Co
WinnDx
Xerox
Blue Bell, Inc
First Union Declares 30 Cent Quarterly Dividend
The board of directors declared a quarterly dividend of 30 cents per share on common stock of First Union National Bancorp Inc in Charlotte. The dividend is payable September 13 to stockholders of record August 13, according to E. R. Alexander Jr., city executive in charge of the High Point office.
MENTIONED IN THIS ARTICLE
First Union National Bancorp, Inc
Charlotte
E. R. Alexander Jr
High Point
First Union
Ex-Prisoner In East Berlin Tells Story
BERLIN AP An American student who spent 18 months in an East Berlin prison says visitors should keep quiet about conditions. Mark Huessy of Jericho Vermont, Pomona College junior, was arrested January 4, 1970 after talking with people about Brecht and anti Nazi resistance. Suspected of espionage, he was charged later with slandering the state and hostile agitation.
MENTIONED IN THIS ARTICLE
Huessy
East Berlin
Easten
Berthold Brecht
Ater
Senate debates rescue plan as Lockheed aid stalls again
The Senate again blocked a cloture vote to limit debate on a federal loan guarantee bill for Lockheed Aircraft. The 59 to 39 tally fell short of the two thirds needed, with administration supporters promising another petition for debate-limiting cloture and a Friday vote set.
MENTIONED IN THIS ARTICLE
Washington
Senate
Secont
Lockheed Aircraft Corp
Lockheed
William Proxmire
D-Wis
Administration
Adlai E. Stevenson III
Stevenson
White House
California
Airbus
House
King
Congress
Sixth Man Seated For Medina Jury
Maj. Dudley Budrich, a Vietnam veteran and training officer at 3rd Army, was tentatively seated as the sixth juror in the Medina My Lai court martial. Defense and prosecutors did not object, leaving a minimum panel of five jurors.
MENTIONED IN THIS ARTICLE
Kathryn Johnson
Associated Press
FT. Mcpherson
Kenneth Howard
Medina
My Lai
Americal Division
11Th Brigade
William Calley
Red Tide Defies End Of Control In Tampa Bay
Sixty tons of bloated fish killed by red tide were dragged from Tampa Bay with officials noting more offshore. Experts warn blooms are periodic and tied to nutrients, salinity, and runoff while offshore concentrations remain high. A separate fish kill near Pensacola and Escambia Bayous is linked to summer blooms and low dissolved oxygen.
MENTIONED IN THIS ARTICLE
ST. Petersburg
Fla. AP
Tampa Bay
Lloyd Dove
Robert M. Ingle
West Coast
Marine Patrol
Gulf Coast
Indian Rocks Beach
Johns Pass
Pensacola
Tampa
Lewis Zangas
Escambia Bay
Scott Seeks Funds for Bald Head Island Purchase
Gov. Bob Scott announced a fund raising effort to raise about 5 million dollars from private firms and public donations to buy Bald Head Island near Southport for state use. He pledged no development during his term if possible and said condemnation remained a last resort while the legislature rejected a bill to ban state takings.
MENTIONED IN THIS ARTICLE
Raleigh
Bob Scott
Bald Head Island
Scott
Southport
Cape Fear River
Carolina Cape Fear Corp
High Point
Also Mentioned on This Page
Stock Market Report
Wecmeres
Declard
Stuidcode
Bankuptcy Act
Foeign
NEW York Exchange
A.P. Stock
Util, Fon, & Yd
Dow-Jones
Indus
Oden
Billy Graham
NEW York Stock Index
Burlington
E. Berlin
H. L. Schwartz III
F. Lee Bailey
Chief Defense
High Point Enterprise
High Ponet Enterprise, Inc
Church Avenue Point
N.C
High Point Enterprise, Inc
Ward-Griffith Company
National Advertising Representatives
Preventor Security Center
North Main Street
North Carolina
Garner Motors
N.main St
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