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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 02, 1970

Page

2

Market rally continues with Dow up at midday

Stocks rise into a second session as the Dow Jones average gains 6.53 to 784.12 amid optimism over potential rate cuts. Broad gains fuel advances across sectors including steels, chemicals, airlines, and electronics with Occidental Petroleum leading volume on the Big Board.

Walll Street Jack Lefler NEW York (Ap New York Stock Exchange Associated Press Occidental Petroleum American Telephone Westinghouse Electric Boeing United Aircraft Williams Bros General Cigar Great Western United Leasco Data Goodrich Homestake General Electric Procter & Gamble Polaroid American Stock Exchange Wyle Laboratories Pentron Equity Funding Ecological Sciences Potter Instruments Asamera Oil

New York Stock Exchange Afternoon Prices Report

Readable NYSE price table shows numerous tickers with last trade, high, low and percent changes for Pfizer, Philip Morris, PPG, Texaco, Goodyear and many others. Broad activity includes chemical firms, consumer goods, and utilities with mixed gains and losses.

NEW York New York Stock Exchange

Market wrap of American Exchange noon prices and notes

The AP reports noon prices from the American Stock Exchange with numerous tickers such as Aerojet Air West Am Petr and AtlasCorp showing varied gains and losses. The page includes extensive dividend footnotes and symbols explaining special issues and distributions.

NEW Fok American Stock Exchange Aerojet We Air West Am Petr AO Indust Ark Best Arklgas Ye Asamera Oil AtlasCorp Barnes Eng BrascanLt la Brit Pet Ve ‘Campbi Chile Cdn Javelin Cinerama Dillard D Dixilyn Corp Equity Co Feilmont Oi Newldria Ormand Ind RIC Intl Saxon Indust Scurry Rain Statham Syntex Technico Wn Nuclear Associated Press

A.P. Stock Averages Mixed Across Sectors

A brief stock report shows industrials at 784.1 points with a 6.53 gain while transportation and utilities sectors vary. The overall market displays activity across several sectors with mixed movement and notable shifts in index components.

Py Industrials Ai Ass Organs

New York Stock Index at Noon Downtick Marginal

The New York market at noon shows a slight decline across major sectors led by industrial and transportation shares. Utility and finance groups move modestly as traders digest early intraday data amid a quiet trading day.

New York M. Finance Veenee

Forecast highlights for Carolinas and Georgia

The forecast calls for mostly cloudy conditions in North Carolina with a chance of showers mainly in the east and north, lows in the 40s inland and 46 to 54 along the coast. South Carolina looks warm with partly cloudy skies and highs in the 70s. Virginia will be mostly cloudy with a chance of showers and lows in the 38 to 45 range. Georgia remains partly to mostly cloudy and mild, with a slight shower chance mainly in the extreme north tonight and Tuesday and highs in the 60s to 70s.

North Carolina South Carolina Virginia Georgia

Adams-Millis Corp reports record 1969 sales and earnings

Adams-Millis Corp. posts record sales of 45.4 million for year ended December 31 1969 and net earnings of 1.79 million or 96 cents per share. Hosiery textured yarn growth boosts results while Macon Machine Company acquisition and Whisnant Hosiery Mills deal expected to aid 1970. MAC Panel Division shifts to selling only in disk pack market to cut costs.

Adams-Millis Corp J. H. Millis Macon Machine Company, Inc Millis Macon Machine Company Whisnant Hosiery Mills MAC Panel MAC

Wachovia Corp Listed On New York Stock Exchange

Wachovia Corp the one bank holding company parent of Wachovia Bank and Trust Co N A was listed today on the New York Stock Exchange with ticker symbol WB The issue comprised 5075347 shares of common stock previously traded over the counter.

Wachovia Corp Wachovia Bank and Trust Co., N. A New York Stock Exchange The Wachovia Corporation Wachovia Bank and Trust Company, N.A

Widener Named Sales Manager at National Springs Corp

Sam Widener promoted to sales manager at National Springs Corp in the town. He joined National about two years ago after a stint with Thomasville Furniture Industries.

Sam Widener National Springs Corp National Widener Thomasville Furniture Industries

McDonald's reports record 1969 earnings and sales

McDonald's Corp announces record earnings and sales for 1969 and for the fourth quarter ended December 31 1969. Net earnings for the year rose 35 percent to 12 641 291 dollars or 1 16 dollars per share from 9 368 917 dollars or 85 cents in 1968. Fourth quarter net rose 39 percent to 2 946 158 dollars or 27 cents per share from 2 127 962 dollars or 19 cents.

Boeing Co Au BoisCas Kroger Borden Abil BorgWar Lear Sieg Brunswk BucyEr Lehmn Udd Co CiboFra Bulovaw McNl Bank Ramo VajLing TV Litton Lockheed Air Va Caroplt LVO Corp Case JI Hynter LykeYng CastieCke CaterTr Ion Macy RH Cenco Ins Mad Magnvox Maratha Marcor Inc Chrisoft Se McDonnd Me Chiler Bys Mead Corp Citfin MelvSho Merck 2A Clarke MGM Mobil Mohasco Va Colu Monsan Mor-Nor Motorola Nat Airlin Cox CrouseHind CrowCol Nat Steel CrwnZell Nat Tea Curtiss Va Senet Newma Wedi Ning MP DanRivr NorfolkWst Dart Ind Norrisind DaycoCp NorAmPhil Noamrk Deere Co NortSim DillonCo OhioEdis Ye DomeMin DowChm Oklage Dressind Oklangs DukePw Olin Corp Sa duPont Omark Ind Otis Elev Dyna Am sCg Lin Owensili East Air Lin EasKodak la Bove EchlinMf Eg&g Eipasong Wa— Pact&t Eltra C Emerlec Parke Davis Fanstee! Inc FedDeptstr Questor GAC Cp Gam Sko GAF Corp H— Gannett Ralston P Ranco Ine GenDynam Elec Seace ReichCh Evion Gen Tire E Genesco Gerber Gillette Va Glen Alden Giobal Marin McDonald’s Corp

North Carolina extends wet spell into Friday as cooler nights persist

The outlook calls for rain showers from the west starting Wednesday and ending Friday. Highs will reach the 55 to 60s in the western mountains and mostly in the 60s elsewhere, with overnight lows from the upper 30s in the mountains to around 40s elsewhere.

North Carolina

Davidson Student Lewis W. Thompson Jr. Earns Dean's List

Lewis W. Thompson Jr. son of Mr and Mrs Lewis W Thompson of 1229 West minister Dr made the Dean's List at Davidson College for the fall term.

Lewis W. Thompson Jr Lewis W. Thompson Davidson College

International business conference to aid NC exporters

About 50 representatives from leading firms with export business will attend a March 4 conference in Winston-Salem. Most participants come from the Greensboro High Point Winston-Salem region. The event, sponsored by Wachovia Park and Trust, aims to update North Carolina exporters on latest Export-Import Bank programs.

Winston-Salem Greensboro-High Point-Winston-Salem Richard L. Broad Wachovia Park and Trust Company N. A John C. Clark U. S. Export-Import Bank of Washington, D. C Roger E. Roberts Export- Import Bank Denis Casey Foreign Insurance Credit Assn New York North Carolina ExportiImport Bank

Treasure-hunting boat Jocelyn-C seized by Cubans

The Jocelyn-C, a 65-foot treasure-hunting craft chartered by Sub Mar, was boarded by Cuban patrol boats off Cay Lobos near La Isabela and escorted into Cuban waters. Five aboard and two Cuban crewmen were reported. the Steadfast stood offshore as negotiations began.

Miami Washington U.S. Coast Guard la Isabela Jocelyn-C Steadfast Cuba Havana Atlantic Bahamas Sten Carlson Orleans Mass Jocelyn- C Sub Mar Fort Lauderdale Cay Lobos Jocelyn Carlson Cape Cod Harbor J. Carlson Caribbean

Coffee prices rise as per cup use shifts in 1950s

A trade spokesman notes higher prices in the 1950s tied to Americans using less coffee per cup. The shift began two decades earlier when homes, hotels, and restaurants brewed more cups from a pound to serve more people. Officials say households now brew 40 to 45 cups per pound, but some are making 70 to 75 cups to drink more water.

a_ trade

Humphrey backs Welsh for Democratic national chair

Hubert H. Humphrey endorses former Indiana Gov. Matthew E. Welsh as a leading candidate for Democratic national chairman while urging an open selection process. Welsh would join other contenders as the party’s executive committee and the full National Committee consider the post to replace Sen. Fred R. Harris.

Washington Hubert H. Humphrey Indiana Matthew E. Welsh Welsh Democratic National Committee Oklahoma Fred R. Harris Humphrey Joseph Doorley Providence R.I Joseph Crangle Erie County N.Y Buford Ellington Tennessee Hulett Smith West Virginia Gordon St. Angelo Indianapolis National Committee George C. Wallace Wallace

Beverly Hills Women Rally to Stop Midi Skirt Trend

Beverly Hills women form POOFF to oppose midi length skirts. They plan a petition drive from March 8 urging designers and retailers to drop the fashion, arguing the style invades femininity and finances and affects many who cannot keep up with shifting trends.

Beverly Hills Calif Pooff

Also Mentioned on This Page

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