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High Point Enterprise in High Point, North Carolina

02 Jun 1970

Page 2

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jun 02, 1970

Page

2

Mixed stock market slips after rally as profit taking seen

The New York market showed a mixed day with the Dow down 4.10 to 706.26 at noon after a session high of 1.65. Analysts attribute the decline to profit taking following a sharp rally, while the Dow and 60-stock average edges contrasted with gains in rails and utilities and declines in steels and electronics.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange Dow Associated Press Telex Teledyne Xerox Control Data IBM Polaroid Occidental Petroleum Libya Natomas Ling-Temco-Vought Louisiana Land & Exploration Atlantic Richfield American Stock Exchange Deltona Ap Designers BenefiCp Iowa Bernsti Itek Corp Boeing Co Jewel Co Borden Us John Man John John Jon Logan Jostens BucyEr Budd Co K— Bulova Kaiser al Bank Ramo Kan GE Burlind Pwl He/Genncott Kerr Mc Cal Finan Iss KimbCik Va Koppers CampSp Kraftco Caroplt Kresge SS CarrierCp Kroger Carterw Peters CastieCk Lear Sieg CaterTr Cenco Ins Lockheed Air ChiMil Spp LoewsThe ChrisCft Chrysler LongisLt Citfin Lucky St M Lukens Ve ClarkEq LVO Corp ClevEtlil LykeYng CocaCol Colg Pal Macke Co Macy RH Coloinist Magnvox Ve Colu Gas Maratha Marcor Inc Comsat ComwEd Martinm Mead Corp Contairl Melv Shoe Merck MGM Cowles Cox Béest Mohasco CPC Intl CrowCol Montaw Wee Crown Cork Mor-Nor Motorola Cudahy Nat Airlin Deere Co Va Dressind DukePw Niag MP duPont Dyna Am NorAmPhil Toamrk Www Nongas East Air Lin NoStaPw EasKodak la Northrop EatonYa Nwst Airl Echlin Mfg Eg&g Norton NortSim We Fairchc Omark Ind If Fair Hill Otis Elev Ve Fansteel Inc Owensig FedDeptStr Qowensii FreeptSul ParkeDavis Penn Cent PennDix PaPwLt GAF Corp PennzUn Va Acf Ind PepsiCo GenDynam Pfizer Admiral Phelps D We Gen Mills Philip Morr AlcanAlu GenMot AlliedCh Gillette Hess Glen Alden Airlin Global Marin Goodrich Goodyear Graceco Questor Gt A&p GtWoUnit Ranco Inc Am Hi GreenGnt Raytheon Va Ametrix Greyhound Ve Rca Am Motors Thave Grummacp Reading Co Guif Ol ReichCh ' m GuifStaUt Va RepubSt T&t Halliburt ReynTob Harris AMF Inc AMK Cp Herc Inc Va Royccola AMP Inc RoyDut HoernWal RyderSys Electra Holidyinn Anco Nsv HollySug Archanal Lomestice Safeway Armour ArmstCk Houstlp Caltie SaFeind Atl Richfid SanFeint Atlas Chem Sidahorn Schenley Schering Avco Cp SCM Armetinc Avon Pd INA Finger Rand Soclind Balock W Intrikinc Balt GE Re Ag Shell Ol SherwaWm Aia Uv Bockman SignalCo Bell How Smith KF Bendix South Co Southrn Rg Kolismman M Stoi St P StudeWorth Teres A Care Sedee Tampa Vaenneco Texaco
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American Stock Exchange Noon Prices Set

The American Stock Exchange released noon prices with key trading figures for the day. Major listings included notable shifts in price for several listed securities as traders monitored market activity.

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NASD inter-dealer bid-ask quotes at 11 am show selective prices

Over the counter bid and ask quotations from NASD reflect representative inter-dealer prices around 11 a m. Markets fluctuate during the day and retail markups or commissions are not included. Listed firms include American Furniture Carolina Caribbean Colonial Stores Eckerd Drug First Union Bank Hardee s Piedmont Aviation Public Service of North Carolina life of Carolina NCNB Wellington Hall and others with varied bid and ask percentages.

MENTIONED IN THIS ARTICLE

Carolina Caribbean Colonial Stores Eckerd Drug First Union Bnk Hardee’s Integea Life of Carolina Ncnb Corp Piedmont Aviation N.C Ruddick Ruddick Common South Film Ext
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IRS releases weekly surtax withholding figures

Figures from the IRS show how withholding on a weekly paycheck changes for a man with four exemptions under the income surtax at 10 percent, 5 percent, and after June 30. It notes a 1969 liability of 315 dropping to 286 this year, with refund prospects and a $298 net after standard deductions, plus Social Security taxes and potential wage-base changes.

MENTIONED IN THIS ARTICLE

Washington Internal Revenue Service IRS Internal Revenue Services Congress
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Cardinal Pleads For Aramburu Kidnapping Contact Offer

Buenos Aires Archbishop Antonio Cardinal Caggiano urged the Aramburu kidnappers to contact him with terms for the generals release. Army Commander Lt Gen Alejandro Lanusse directed calm and non retaliation, calling for an example to protect the republic amid the crisis.

MENTIONED IN THIS ARTICLE

Buenos Aires Antonio Cardinal Caggiano Pedro Aramburu Alejandro Lanusse Juan Peru Aramburu Juan Jose Valle Peron Juan Carlos Ongania
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Two Cosmonauts Orbit For Soviet Soyuz 9 Mission

In Moscow the Soyuz 9 launch sent cosmonauts Adrian Nikolayev and Vitaly Sevastianov into an eight hour flight with five orbits, altitude between 129 and 137 miles, marking a cautious step amid claims of scientific work and a prestige aim tied to a Leningrad space conference.

MENTIONED IN THIS ARTICLE

Moscow Tass Andrian Nikolayev Soviet Union Valentina Nikolayeva- Tereshkova Nikolayev United States Alexei Leonov
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Dashing Dan Bank Robber Nabbed After 20th Heist

Raphael Pavia, a 44 year old Tunisian born bartender, arrested in Queens 2:05 pm after allegedly robbing a Manhattan bank minutes earlier. FBI said he carried $1910 from the Jamaica Queens hold up and claimed 20 attempted robberies across Manhattan Queens and Nassau County. He faces a 20 year term and $5000 fine if convicted.

MENTIONED IN THIS ARTICLE

NEW York Dan FBI Queens Raphael Pavia Pavia Manhattan Dashing Bank l Jamaica Nassau County
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Middle East tensions push for US hard line and peace efforts

Officials signal a tougher stance with stronger military support for Israel, while seeking a fresh start in Middle East peace talks. Sisco and Rogers plan talks with Dobrynin to gauge Soviet aims in Egypt and possible involvement at the Suez.

MENTIONED IN THIS ARTICLE

Middle East Nixon Israel Joseph Sisco Anatoly F. Dobrynin Russia Sisco William P. Rogers Dobrynin Suez Canal Rogers U.S United States Panepe Egypt Bs Oene BS
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Trial Would Have Embarrassed U S Marasco Says

Former Army Captain Robert F. Marasco warned that a trial of Green Berets over the Thai Khac Chuyen case would have embarrassed the U S government and CIA and exposed incompetence in Saigon command. Charges against eight Green Berets were dropped after Marasco resigned. he did not confirm involvement. An NBC taped interview cites dangers from Chuyen knowing independent American led intelligence operations in Cambodia.

MENTIONED IN THIS ARTICLE

New York Robert F. Marasco Green Beret U.S CIA Saigon Marasco Green Chuyen Nbc-Tv Cambodia Bayi Gx
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Airbag Test Demonstrates Fatal Crash Risk

Report describes a test where a boy-sized dummy in the front seat could have been killed in a real collision. A second test activated the air bag system, creating a loud blast and a nine-foot balloon like bag inflating in a fraction of a second as reporters observed.

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Arson Attacks Hit Alexandria Amid Unrest

Police report five arson fires in Alexandria including a grocery store bomb, two 7-Eleven outlets, and two parked trucks. A family narrowly escaped a blaze above the grocery. a 19 year old black youth was fatally shot by a white employee last Friday. Police linked the Friday shooting to ongoing racial tensions.

MENTIONED IN THIS ARTICLE

Seymour Framm
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Race Driver McLaren Killed at Goodwood

Bruce McLaren a leading Can Am and Formula One contender from New Zealand was killed in a test crash at Goodwood England traveling at about 180 miles an hour. He struck a bank and the car exploded during a trial run on the famous track. McLaren had won the Can Am series last year with teammate Denny Hulme and was among the sport’s top drivers for a decade.

MENTIONED IN THIS ARTICLE

Goodwood England Bruce McLaren McLaren Denny Hulme
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Also Mentioned on This Page

Stock Market Report Trans W Air Transmra We Transitron TRW Inc Weiss Val Inc UMC Ind UN Carbide UN Elec Pac Cp Union Pacif Uniroyal Airc UN Fruit US Steel Vendo Co Vaeipw WarLam Wat Wstn Air Links Weyerhsr Whirl Cp Whittaker Wa WinnDix Ile XeroxCp ZaleCorp Zenithr American Stock | Exchange Aerojet Am Petr Indust Ark Arklgas Asamera AtlasCorp Vernes Eng Brascan Ltd Campbi Chile Cdn Javelin Dixilyn Corp Dynalectin Nv Fed Resrees Equity Cp E Felmont Oi Frontier Air IT Corp Kaiser In Lee McCrory Newidria NewPark Mn Ormand Ind RIC Intl Ind Saxon Indust Indwi Technico A.P. Stock Aeneeeey Rais Uti Associated A. Rails Ind Dow-Jones Market Stock Exchange Eeeeenes Trerrery Industrial Oesecesana Didevesesenaes Finance Surtax Cardinal Caggiano Raphael Frey Alexandria Virginia City Duke and Cambridge Streets Radio WHPE R.S. Dickson, Powell, Kistler & Crawford New York and American Stock Exchanges N. Main St
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