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High Point Enterprise in High Point, North Carolina

05 Jun 1972

Page 2

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This newspaper page contains 11 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 05, 1972

Page

2

Airlines Leading Dow Downgrade Tumbles Market

The AP reports a broad stock market slide with the noon Dow Jones industrial average down 6.32 to 955.07. Airlines led declines with American off 1 percent at 43, UAL 25 off at 45, Delta 1 percent at 53, Braniff 4 or 1? at 17, and TWA 1 5 off at 54.5. Glamour stocks like Control Data IBM Polaroid Xerox fell. materials rose slightly while building materials gained. The AP 60 stock average fell 1.2 to 332.1, with industrials down 2.4, rails down .5, utilities down .2.

MENTIONED IN THIS ARTICLE

New York Stock Exchange American Airlines UAL, Inc Delta Braniff Trans World Airlines Control Data IBM Polaroid Xerox Associated Press CmbEn Va New York V2 Exchange Monsant MorNor Conti Corp Arklgas Mtstatt Banister Nabisco I Brascan Ltd Wat Airline Buttes Gs Nat Can Cowles Com Natcashr Certron Cp Cox Cinerama CPC CrowColl Dillard Va Crown Cork Nat Steel Dynalec Curtisswrt Essex Frontier Air Nave EngEl Gen Plywood Newmat Giant Deere Co A Ning MP Gt Basin Pet NL Ind Hormel Delta Air Norfolk W Diam Sham NonGas InvDiv A Dillon NoStaPw Jamesway Disney Northrop Jetronic Ind Va Diversia Ind Net Airl Kaiserin Kin Ark Corp Kinsford Cree DowChm NortSim Lafay Radio Um Miones Dressind Lee Ent Ween Duke Pw Yel Decidp LoewsThewt Va duPont Se OneEdis LTV Corp Wt Ye Dug Lt Okla GE Marshal Ind Dynam Am Okla Ngs Medenco Inc Midh Sug East Air Lin Otis Elev Milgo Elect Eaton Newldria Mn Echlin Mfg Owen Ong NewPark Mn Eg&g Owen Pll Eipasong Panan Okc Corp Ormand Ozark Alrtin pacPetrol Permaner Phoenix EvanPd Pacpwl PuritFash Falon Reserve OG Fansteel Inc Resortsinti A PennDix Syntex PritMorr Viewlex Phill Pet Vikoa Inc FMC Cp Pitney B VLN Corp m3 Ee FdFair Westates Priv Fordm Wilshire Oil Yates Ind NEW York (Ap New York ZimHom Publicind Cac Corp GAF Corp Pullman Iy Gannett Questor Ralston P Ranco Inc AetaLte al Rca Raytheon Airco Arizona Reich Gen Tire Ib Genesco Reviow Repub Sit Gerber ReynMet Allied Nmumu Gettyo RoanSel AlliedStr Gillette Rohr Ind AllisChal Glenald m Royccols Alcoa Global Marin Roy D Goodrich RyderSy Desi Stregisp Acrysug Vel Sanders Asso Girstutil Scoa Ind Scott Pap Hailiburt Searsr At&t Harris Shell Heublein Signal Co Ampex Corp Hew Pack SingerCo HoernWal Smith KF Hoff Electra Sony Co Holidyinn Scareg Honywil SouPac SouthRy Howmet Sperry R VerdahoPw Squibb Atlas Corp Ideal Bas StBrands Avco Corp Kolisman Avnet VaingerRd Wu Stdohoh Baltge Ainland Si Beckman T&t Swift Boeing Co Itek Tampa Tektronix Teledyne Jar JonnMan Va Telex Ve Johnson Tenneco Budd Co Texas Bunki Ramo KalsAlum Buriind KanGsEl Textron BuriNor Thiokol Katy Ind ThriftyDg KayserRo TimesMir Cadence Ind Kennecott Ne — i Timken Koppers Kraftco TriCon TRW Inc Kresge $S CastieCke Ve Kroger Ag Ggelle Om U L Inc CaterTr He . SrarSieg Lenpcem UN Elec CerroCete Levitz Furn UnoilCal CessnaAir Libomcnl Uniroyal Littonind Brandsive Ae Lockheed Air Chris Craft Boss Chrysler US Indust US Steel VeClevElil Omity Ltv Corp Univ Ol CocaCol UnivCpg Colg Pal Red Upijonn Collins Red lode lou _ \ LVO Corp aed ait Colonnist Die ' Lykes Vogst Varian Assoc CBS VendoCo Va ColuGes Macke Co WaciPw Macy RH MedsFd Wachow Co Magnvox WarLam Te Marath Marcor Wodir Lin Maydstr Maytag McDond McGrahh Mead Cp A Merck Whittaker U MGM We — Williams Co WinnDx Woolwich Zenith
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Ex dividend and rights phrases in various stock terms

The note lists stock terms and abbreviations such as ex dividend ex rights and warrants and mentions distributions and special cases including foreign issues and bankruptcy status. It reads like a glossary of securities definitions and trading terms with brief clarifications.

MENTIONED IN THIS ARTICLE

Ioeres
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McGovern gains delegates as convention nears in Miami Beach

Carter said McGovern will secure the nomination through rules knowledge more than broad support. He predicts 1100 to 1300 first ballot delegates if California and other primaries go as expected, with 1509 needed to win. Opponents cite liberal defense cuts and welfare reform as flashpoints. Nixon era governors briefed on Russia trip.

MENTIONED IN THIS ARTICLE

McGovern Miami Beach Carter California Scott Hearnes Dale Bumpers Arkansas Bumpers South Dakota Spiro T. Ag‘new Nener Cee Ernors
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Angela Davis acquitted after extended trial in 1970s case

Angela Davis defends the acquittal as a fair trial requirement and states the state had no case. The seven week prosecution case featured 95 witnesses and 201 exhibits over seven weeks. the defense presented 12 witnesses in three days. The verdict followed a 13 hour jury deliberation.

MENTIONED IN THIS ARTICLE

Timothy Ruchell Magee Miss Davis George Jackson George Jonathan James McClain William Christmas Superior Court Harold Haley Magee
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New York Stock Exchange Index Mixed in Latest Trading

New York index movements show declines across several sectors with the Industrial and Transportation groups posting losses. Utilities and other measures also drift lower as investors react to market data and price shifts for the day.

MENTIONED IN THIS ARTICLE

NEW York New York Stock Exchange Fimamco
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Central Carolina ASLU installs officers at 1972-73 Ladies Night

The Central Carolina Chapter of the American Society of Chartered Life Underwriters installed officers Edwin R. Lyon Jr. president William A. Brackney vice president and William J. Brewer secretary treasurer at a Ladies Night dinner at Jefferson Standard Country Club Greensboro. Directors named were W Roland Albertson Roland P. Early and Charles E. Larimer, all CLU with major life insurers.

MENTIONED IN THIS ARTICLE

Central Carolina American Society of Chartered Life Underwriters Jefferson Standard Country Club Greensboro Edwin R. Lyon Jr CLU William A. Brackney William J. Brewer Lyon New England Life High Point Brackney Wachovia Bank and Trust Co. NA Winston-Salem Brewer Pilot Life Insurance Co W. Roland Albertson Massachusetts Mutual Roland P. Early Metropolitan Life Charles E. Larimer Prudential Life Insurance Co
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Pennington to Join Superior Stone Co as Vice President

Wayne Pennington president of Wayne Pennington & Associates will become vice president at Superior Stone Co in Raleigh effective July 1. The firm has been a Pennington client for a year and will be taken over by associates, likely under a new name, as the Penningtons relocate to Raleigh after living in Winston-Salem.

MENTIONED IN THIS ARTICLE

Wayne Pennington Wayne Pennington & Associates, Inc Superior Stone Co Raleigh Superior Pennington Hanes Corp Winston-Salem New York City Penningtons
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Ingram Grabs NC Insurance Panel Nomination in Runoff

Asheboro lawyer and Democratic nominee John Ingram pledged auto insurance reforms as he defeated Russell Secrest in the runoff for state insurance commissioner. Creel won the other Council of State race, defeating John Brooks. both will face GOP opponents in November.

MENTIONED IN THIS ARTICLE

Raleigh Asheboro John Ingram North Carolina Russell Secrest Cary Council of State W.C Billy” Creel State Department of Labor John Brooks Ingram Secrest Insurance Department Creel Brooks
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NC Senate Runoff Heats Up as Campaign Strife Grows

The North Carolina primary battle shifts with state GOP chair Frank Rouse taking leave to join the Gardner campaign and Galifianakis expanding a surprising lead. After a deadly split at a Raleigh shopping center, Jordan’s rival Helms praised conduct while noting the episode could hurt the fall ticket.

MENTIONED IN THIS ARTICLE

Set Frank Rouse Kinston Gardner Holfhouser Rouse Galifianakis North Carolina Saxapahaw Jordan Phondan Senate Raleigh Helms Associated Press Sen. Jordan Helms Raleigh
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Red China Greece Agree to Diplomatic Ties

Tokyo AP dispatch reports Communist China and Greece agree to establish diplomatic relations with mutual recognition and noninterference. Ambassadors to be exchanged within six months. The joint communique notes equality and mutual benefit.

MENTIONED IN THIS ARTICLE

Tokyo China Greece Peking New China News Agency S Republic of China
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Cesar Chavez Ends Fast Attends Kennedy Memorial Service

Cesar Chavez ends a 24 day protest fast and attends a memorial service for Robert F. Kennedy in Phoenix Arizona. Mexican American farm workers from across Arizona join Chavez to honor Kennedy who was assassinated in Los Angeles four years earlier on the night of his 1968 California Democratic primary victory.

MENTIONED IN THIS ARTICLE

Phoenix Ariz Cesar Chavez Robert F. Kennedy New York Arizona Chavez Kennedy Los Angeles California United Farm Workers
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Also Mentioned on This Page

Stock Market Report John Henry AP A.P. Stock Raiis Util BOND Ee Coupe Fon. L.yd Dixie Angela FBI Grace Rails NEW York Stock Index Bache & Co N. Elm Street Wachovia Bank Building N.C Bob B. Stovall Council of State Contest Noel Yancey GRACE High Point Enterprise High Point Enterprise, Inc Church Avenue Ward-Griffith Company National Advertising Representatives Bettye Packer Coach House Dinner Club Sheraton Hotel High Point, N.C Coach House Dinner Club P.O. Box
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