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High Point Enterprise in High Point, North Carolina

02 Mar 1971

Page 2

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 02, 1971

Page

2

Market Narrow Range Amid Consolidating Gains

The Dow Jones 30 rose 0.14 to 882.67 at noon as breadth favored advances about 6 to 5 on the NYSE. Oil, tobacco, aircraft and electronics led gains while building materials, chemicals and steels declined amid a two week pattern of consolidation after a three month rise beginning mid November. AA Exchange active list shows International Stretch up 1% to 21.5, Bruce Inc up 1% to 16, Mite Corp up 0.5% to 7, and Trans World Airlines warrants up 0.5% to 11.5.

MENTIONED IN THIS ARTICLE

New York Dow Jones New York Stock Exchange Dow American Stock Exchange Bruce (Robert) Inc Mite Corp Trans World Airlines MorNor Motorola Conti Corp CrowCell Crown Cork CrowZell Cudahy Nat Steel Curtiss Wr Nat Tea del New Pow Ve Newberry Newmat Npl Ning MP Wa “ Deere Co Norfolk Norton NortSim Duke Pw duPont Okla GE Va Dug Lt Vv Dynam Am Okla Ngs Olin Corp Otis Elev Omarkin East Air Lin Faskodak la EatonYa Owen Cng Echlin Mf Owen NI Eg&g Ssetis E Pasong Pac GE EltraCp Pac Ltg Emer el PacPetrl Essexint PaPwSt Pennzon PepsiCo Pfizer Flintkote Phil Morr Lpubscol Psv GAC Cp NEW York (Ap GAF Corp Pueblo Questor Va Gen Mills Ralston P PubUt Ve Rance Inc Admiral GaTelEl Raytheon Aetnalfe Va Genesco GaPacif Arizona E Reich RepubSt Gettyo Revion Gillette Reyn Ind Va al Pw VaiGlen Alden ReynMet Allied Ch Global Marin RoanSel Royccola Alcoa Grace Roy Dutch AMBAC GranitCty St Ryder Sy Grant W Am Airlin A&p Safeway St Joe Min Grn Giant Greyhound StRegis P Asso Ameipw GrummnCp Miticix Sehenley Am Motors Am Scm Corp SwhrgPig Halliburt Scca Ind Harris Int Scott Paper HeclaMn SDCL AMC 4A Am Ltd Hercules American Furn At&t Heublein Sears R Am _ T&A Shell Ol Carolina Caribbean AMF Inc Hoernwal YalSmith Hardee's Anch Hock Sony Cp Ancorp Soc Honywil Velscar EG Househf Soucale Tf Life of Carolina Armco St Houslp Ve! South Co Ncnb Corp Armst Ck M Howmet N. C Idaho Pw Sprryr Piedmont Aviation Atlas Chem Avco Corp ImpriCp Am St Brands Ruddick Pref Inc Ye Ina Cp Ruddick Common Stauf SteinOrug Wellington Hall Stevens Beech Air Www StudWor Bell How T&t SmnOll Swift Co Tek Corp Salice Blockhr Jewel Co 1 Boei Ya JonnMan Aemos el WW BolsCas Johnson Tektronix Borden Teiex Cp BorgWar Jones Lau Va JonLogn Tenneco Brist My Texetrn Kaiser Alum Bulovan Kan GE Textron Texpld Bunkr Ramo Kanplt Burlind Katy Ind Thiokol BuriNor KayserRo TimesMir Timken Burrghs Kennecott Kermcg Toch Sh Arans Cadence Indib KimbCth We Ual Inc CaterTr UMC Ind Dave Ma Luftenind Unit Air 1 Ches Ohio Lockheed Air ChimMil Spp Loews Corp UnitCp Chris Craft Chrysir US Indust Lukens St US Smelt Ib Clark Varian Colu Gas Marath Waeipw ComlSolv Marcor Meer Mar Comsat Martini WachCp WstnAir Merck Whittaker Monsant Rate Corp Zenith Associated Press
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NASD Over-The-Counter Bid-Asked Quotations Update

The NASD reported inter-dealer bid and asked prices around 11 a.m. Prices reflect representative quotes and exclude retail markups, markdowns, and commissions as markets move through the day.

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Evacuation at Hotel 2 Signals Tactical Move in War

South Vietnamese forces abandon Hotel 2 near Highway 9 as U S fighter bombers strike advancing enemy units. Delta 1 base near the border sustains rocket fire while Aluoi base endures mortar volleys. A 600 man marine battalion begins moving into Laos to reinforce battered paratroopers, with marine brigades shifted from Neak and Cambodia for northern front duty.

MENTIONED IN THIS ARTICLE

Tran van An Sai‘gon Hotel 2 Highway 9 Col. An Saigon U.S Laos Neak Cambodia
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First Job-A Joint Venture Highlights High School Business Education

Sam Springs, VP of General Accounting at First Union NC, presents at the High Point Admin Management Society event titled The First Job A Joint Venture. Teachers principals counselors and two business students from seven high schools attend at Top of the Mart at 6 p m March 8. Joy Watson chairs the program and awards are given to outstanding students along with two American Academy of Achievement Award winners.

MENTIONED IN THIS ARTICLE

Sam Springs High Point Administrative Management Society Springs First Union National Bank of North Carolina Joy Watson
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McDonalds tops US fish sales with 19 million pounds in 1970

McDonald's Corp reports the largest U.S. fish sales among retailers, selling more than 19 million pounds in 1970 through its 1,600 restaurants. Since adding fish in 1965, the chain has moved over 92 million pounds of filet of fish sandwiches.

MENTIONED IN THIS ARTICLE

United States McDonald’s Corp McDonald’s
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North Carolina Hunters To Answer State Survey

About 7 000 hunters in North Carolina will receive a Wildlife Resources Commission questionnaire this week. Biologist Andy Weber says the survey asks where they hunt how many days they hunted and how much game they killed across seven species including deer squirrel rabbit quail dove and ducks and geese. Results will be computer analyzed to adjust management programs and improve hunting.

MENTIONED IN THIS ARTICLE

Raleigh North Carolina State Wildlife’ Resources Commission Andy Weber Commission
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Perfect Couple Murder Suicide Shocks Waxhaw NC Suburb

In Waxhaw North Carolina a man Thomas Scarboro 31 killed his wife Gail 25 and their three children Scotty 4 Danny 3 Cindy 2 then died by carbon monoxide or car exhaust. Neighbors described the couple as peaceful though Scarboro had been hospitalized for mental observation last year and discharged in November.

MENTIONED IN THIS ARTICLE

Waxhaw N.C Charlotte Monroe Rock Hill S.C Thomas Scarboro Gail Land Scotty Danny Cindy Frank Fowler Ion County Scarboro Raleigh Annie Haywood
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Strikers Stay Off Job At Lorillard

In Greensboro 2400 of Lorillard Co cigarette workers joined a strike as negotiations over the contract expired. Union leader Jerry Lankford said some production workers crossed lines while company officials planned a non production day. The Louisville plant also struck with talks failing over binding arbitration on grievances and job classifications.

MENTIONED IN THIS ARTICLE

Greensboro N.C P. Lorillard Co United Tobacco Workers International Union Lorillard Louisville Jerry Lankford Union Local 317 Robert G. Boliek UTWI
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Indictment Links UMW Leader Boyle to Political Cash

The grand jury charged UMW head Boyle with leading a scheme using the Labor's Non-Partisan League to funnel 49250 from the union treasury into federal campaigns between 1966 and 1969. Kmetz Howe Owens faced related counts, with unindicted co conspirators named as Richards and Howe. Potential penalties include up to two years and 10000 per Corrupt Practices Act count, five years and 10000 per conspiracy and embezzlement count. The case follows a Labor Department suit challenging Boyle's 1969 election amid broader corruption probes.

MENTIONED IN THIS ARTICLE

Kmetz Owens Suzanne Richards Boyle Robert Howe Labor League UMW F ¥ Metz General Treasury Kmetz and Howe Iiest Labor Department Joseph Yablonski Yablonski Pennsylvania
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Nixon SEC Nominee Faces Probe Over Fees

William J. Casey, Nixon pick to head the SEC, acknowledged inquiries into fees paid by his law firm to Roosevelt Raceway where he was a director. He called the issue a technical listing question in a proxy statement as Senate Banking Committee weighs reopening hearings.

MENTIONED IN THIS ARTICLE

Washington William J. Casey Nixson Securities and Exchange Commission SEC New York Casey Roosevelt Raceway Inc Senate Banking Committee Senate Manhattan Hamer Budge New Orleans Kalvar Corp Burlingame Calif Louisiana California Prentice Hall Banking Committee White House Nixon Ronald L. Ziegier Roosevelt Raceway Roosevelt
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Also Mentioned on This Page

Stock Market Report American Exchange John Henry AP Aerojet Sa AO Indust Arklgas Asamera Oil 690 Atlas Cowt Oy Barnes Eng BrascanLt Ib Javelin Certron Cp Cinerama Dynalectia Vv Equit Cp Felmont Oi Frontier Air Husky ImpriOil Corp Kaiser Lee Ent Midh Bank Cy Act NEW York -Exchange NEW York Stock Index Ind. Rails Util Dow-Jones Industrials A.P. Stock New York Stock & Nenengeinane Iaassoa Industrial Transportation Ae N.C. Hunters Couple Cotes TV Piedmont Hearing Center North Main Street Sheraton Hotel H & R Block Decico America N. Main ST E. Green ST S. Main ST Thomasville E. Main ST
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