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High Point Enterprise in High Point, North Carolina

11 Mar 1969

Page 21

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 11, 1969

Page

21

Market climbs as traders resume selective buying

The Dow Jones rose to 924.17 at noon up 7.03 points with a broad advance, the Associated Press average up 1.7 to 336.9 as blue chips Gulf Oil and Sperry & Hutchinson traded actively. Gold stocks sagged as European gold prices fell.

MENTIONED IN THIS ARTICLE

NEW York New York Stock Exchange Associated Press Gulf Oil New York Exchange Gulf Gulf Minerals Co Sperry & Hutchinson Europe Campbell Red Lake MelvSho Chris Craft Merck Chrysler MGM Citfin Microdot CocaCol CocaCol 1.32 40 69 684 68% + Ve MobilOil Colg Pal Mohasco Va 'CollinRad Monsan Coloinist Montdut Nevada Norfolk NorAmPhil Crown Cork NoAmRock Crown Ze Nor Pac Curtiss Wrt Betes Rt NwstAirl DaycoCo NwtBanc Day PL Norton Deere Co Nort Simon Mnte Norwich DeltaAir Va Denagr DetEdis Occident OhicEdis DiaSham Okla GE Disney Oklangs DomeMin Olin DowChm Omark Dressind Elev DukePw Vy Owenslli duPont Va ‘ East Air Pac Pet Kodak Pacpwl EatonYa Pact&t Ebasco Ind Panasul Eg&g Pan Am Panhc F - Elect Parke Davis ElPaso NG Penncen Eltra Cp Emer Elec PennDix EndJohn Penney JC Ethy! Co PaPwit PennzUn Publkind Va FiaPwLt Va Fmc Cp FoodFair Questor Va Rca Ralston P Banco Inc Es New York GAC Co Wi Raytheon Va Exchange GAC Cp Ve Gaf Corp ReichCh Gam Sko RepubSt Gannett Eeene Reviow GenDynam Rexall Abbott Lab Reyn Met ACF Ind Va ReynTob Rohr Cp Admira Royccola Eeee AernaLif RoyDut Gen Tire Ib AicanAly Genesco Ryder Sys Alleg Cp Ga Pacific Ib Niles AllegLud Gerber Safeway Sewer AllegPw Aw Gettyoil StrossLd AlliedCh Gien Alden Stregp Giobel Marin Sanders Oveee Allis Chalm Goodrich SaFeind Alcoa Goodyr AMBAC GraceCo Schenley Amerada Granite American Furn Greyhound Shell Oil SherwaWm Chatham Mfg Amet Ci GulfStart Colonial Stores Am Motors Tide Tis GulfWind Si SignalCo AmNatGas Am News Soucale Halliburt South Co I Disson Inc Herris Hercinc First Union Bnk Am Ltd Ind T&t Hoff Electra Hardee’s Tobac Holvin Sperry R Harris Teeter AMK Cp AMP Inc St Brand Henredon Furn Ampex Corp Sid Kolisman StOilind Jefferson Pilot Armco St Howmet Stdoii NJ A Armour Stdoiioh Lance Arm Ck Life of Carolina Atlas Ch Veit Am Auisa Corp INA Cp Sun Ol Ib Aveo Cp Ncnb Corp. Avnet Inc Swift Co N. C. Nat. Gas Piedmont Aviation Tektronix Piedmont Nat Gas Baltge IntNick Teledyn Tenneco Ruddick Texaco Wachovia Bank Beech Air Iowa Beef Bell How Wix Bendix Ye Ipl Inc Texas BenefFin Textron Texp Ld Jewel Co Thiokol Boeing JohnMan TimesMir Johnthn Ye Joni Jones Transamer Jostens Transitron Brunswk Joy Mfg BucyEr Kenncott UnOliCal Va Cal Finan Kerr Mc CampRt Kimbalk UnionPacit CampSp Koppers Uniroyal Kresge SS UnitAirLin Va Caroplt Kroger UnitAirc CaroTa US Indust CastieCke Uspipe Tibl Men L Cenco Ins Llog My US Steel Litton UnivOrd Cerro Upjohn Cert-teed .80 32% 32% 32% Livingsm oOill Lockhola CessnaAir LoewsThe Va Ounce Cfi Lowes Cem Varian Asso Ches Ohio Vendo Co ChiMil Stpp Lonesga Vaeipw ChiPnev IsSt Lukens Macke Co Westn Westge Wwerhr Maratha Whirl Co Ve Marcor Inc White Met Mar WinnDix Woolworth Ind. Rails XeroxCp Mead Co
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DOW JONES Dividend Footnotes And Explanations

The item describes unofficial sales figures and dividend rates, noting annual disbursements based on last declarations. It lists footnote symbols a to vi with meanings such as extra dividends, stock dividends, liquidating distributions, ex-dividend dates, and special conditions including bankruptcy, foreign issues, and warrants.

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Regional Weather Outlook North Carolina South Carolina Virginia Georgia

Forecast shows continued wind and cold with mountain snow flurries in North Carolina and brief snow east of the mountains. South Carolina warms slightly but remains cool with highs in 40s to 50s. Virginia and Georgia see windy conditions, cold nights, and mixed sun with temperatures from the 20s to 50s depending on location.

MENTIONED IN THIS ARTICLE

North Carolina South Carolina Virginia Geordia
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Interdealer NASD Quotes During Morning Trading

Quotations from the NASD reflect representative inter-dealer prices around 11 a.m. Markets shift through the day and these figures exclude retail markups markdowns or commissions.

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Bremer to Speak at High Point Life Underwriters Meeting

John H. Bremer CLU of Massachusetts Mutual will address the High Point Association of Life Underwriters meeting Thursday at the Sheraton Hotel Winston-Salem. Bremer, a 1954 Davidson College graduate, began with Massachusetts Mutual in 1956 and led the North Carolina Agency in 1968 with over 3 million dollars in ordinary production and a million in group production. He serves as current vice president of the Central Carolina Chapter of CLU.

MENTIONED IN THIS ARTICLE

High Point Association of Life Sheraton Hotel John H. Bremer Massachusetts Mutual Winston - Salem Bremer Davidson College N. C Central Carolina
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Burlington Industries awarded contract for Greensboro chemical plant

Burlington Industries awarded the contract to build an 80,000 square foot chemical manufacturing facility on High Point Road south of Greensboro. The plant will replace the longtime Bi-Chem operation at 2407 Doyle Street in Greensboro, which has housed the chemical operations since 1963. Plans to relocate and expand Bi-Chem were announced in August 1968.

MENTIONED IN THIS ARTICLE

Burlington Industries High Point Road Greensboro Doyle Street Bi-Chem Company
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Acquisition of New Dixie Lines by Hemingway Transport

Hemingway Transport of New Bedford Massachusetts says it will acquire the stock of Richmond Virginia based New Dixie Lines. Applications for temporary and permanent authority and merger were filed with the Interstate Commerce Commission on February 24. New Dixie operates in this region and the merger would extend coverage to all states along the Eastern Seaboard.

MENTIONED IN THIS ARTICLE

New Dixie Seaboard
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March Held Without Incident At UNC Over Dining Workers Strike

At the University of North Carolina campus in Chapel Hill around 200 student supporters marched and rallied for dining room worker pay increases. About 100 officers patrolled as the cafeteria reopened with extra security after last Thursday’s reopening. The White Southern Students Organizing Committee picketed in support and the Black Student Movement sold sack lunches in Manning Hall near Le noir.

MENTIONED IN THIS ARTICLE

Chapel Hill N. C Highway Patrol Lenoir Hall University of North Carolina White Southern Students Organizing Committee Black Student Movement Soul Food Manning Hall Lenoir
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Apollo 10 Engines and Modules Move Toward Launch Pad

Apollo 10's Saturn V and the lunar spacecraft moved from the vehicle assembly building to the launch pad for an all day crawl to readiness. A protective cover fit issue delayed the rollout by 24 hours and a mid May liftoff is targeted to reach within 50 000 feet of the moon. A March 24 decision could skip Apollo 10 to advance Apollo 11.

MENTIONED IN THIS ARTICLE

Cape Kennedy Fla Space Agency
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Nixon summons GOP leaders on ABM decision

President Nixon called in Republican congressional leaders amid signals a decision on deploying the controversial Sentinel missile system ABM was near. He had spent a Florida weekend studying the issue with aides including Henry Kissinger before a national address.

MENTIONED IN THIS ARTICLE

Nixon Florida Key Biscayne Henry A. L. Kissinger
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Duke Negro Students Withdraw in Protest over Black Studies Committee

Twenty three of Duke University’s ninety one Black undergraduates resign after the administration rejects equal representation on a proposed black studies curriculum committee. Seventeen more plan to leave at semester’s end, as torchlight marchers press for broader student voice.

MENTIONED IN THIS ARTICLE

Durham Duke University Duke Malcolm X School of Liberation Malcolm X New York City Howard Clement Duke Black Solidarity Committee Hopkins University Howard Fuller Foundation For Community Development
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Meir takes helm as Israel forms new government

Jerusalem AP reports Golda Meir assumed leadership amid ongoing Suez Canal artillery duels. Israeli and Egyptian forces exchanged heavy shelling around Port Taufiq and Suez while Egyptian claims of downing an Israeli helicopter circulated.

MENTIONED IN THIS ARTICLE

Jerusalem Golda Meir Israel Suez Canal Mitla Port Taufiq Port Tan- Taufiq Suez el Shatt Port Suez Taufia
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Apollo Weather Debate on Landing Route for Apollo 9

In Houston a weatherman clashed with Mission Control over Friday landing conditions in the Atlantic. Alternate splashdown sites were considered by the Guadal canal crew while weather reconnaissance planes surveyed the area and officials predicted a favorable Thursday Earth return.

MENTIONED IN THIS ARTICLE

Space Center Houston Mission Control Atlantic Ocean Guadalcanal Atlantic Bermuda Earth Air Force James A. Merdvitt David R. Scott Russell L. Schweickart Stuart Roosa
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Medal of Honor for Sargent Revealed After Secret Ceremony

The 75th Vietnam War Medal of Honor was awarded posthumously to Lt. Sargent for a 15 March 1967 tunnel encounter in Hau Nghia Province. He saved comrades by shielding two grenades with his body after a Viet Cong attacker, mortally wounding him and causing injuries to others. The family refused public acknowledgment, and a Nixon-era reappointment dictated no initial release.

MENTIONED IN THIS ARTICLE

Sargent Nixon Army South Vietnam Hau Nghia United States Army
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Abernathy Court Remarks on Conspiracy After Ray Trial

In court Abernathy admitted to involvement in the case and implicated another man in the rooming house where the fatal shot occurred. Judge Battle noted insufficient proof of a conspiracy but warned that this does not prove no conspiracy. The judge cited no statute of limitations in capital cases and questioned lingering conspiracy theories while highlighting Ray’s guilty plea and unanswered questions about finances, escape funds, location choices, and timing.

MENTIONED IN THIS ARTICLE

Memphis Ray W. Preston Battle Jr Criminal Court Hamlet Missouri State Penitentiary London King Lorraine Rivermont
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Also Mentioned on This Page

Business and Financial News Stock Market Report American — Exchange Phil Thomas Dow-Jones American Stock Exchange Aerojet Air West Ajax Ma Petr Arklgas 1 Asamera Oi Ys AssdOil & G AtlasCorp Barnes Eng BrazilLtPw Brit Petroim Chio Cinerama Dixilyn Corp Dynalectia Va Equit Co Fed Resrees Felmont Oil A Frontier Air Yel Goldfield Gt Basn Pet Mohnk Molybden Neisner Bros NewPark Mn Ormand Ind RIC Group Saxon Indust Scurry Rain NEW York — Exchange A.P. Stock GOP Ips Chuck Hopkins Radio Cairo Abdel Moneim Riad Apollo Weathermen Howard Benedict AP Aerospace Winter Civic Southern Factors Corporation North Hamilton Street High Point CAG Suimitla KY Gms Ee Powell Kistler & Co New York and American Stock Exchanges N. Main St Fayetteville Charlotte High Point Myris York City
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