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High Point Enterprise in High Point, North Carolina

28 Mar 1974

Page 1

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 28, 1974

Page

1

Stock Market Declines as Rates Rise Narrow Gains Retreat

New York mid day stock activity showed a broad retreat as short term rates rose. The Dow Jones average fell 10.95 to 860.22 with most losses in early trading. Major Big Board issues like General Motors, American Motors and Ford declined while oils and chemicals dropped. Louisiana Pacific slid after announcing a cash deal to acquire Sierra Pacific Industries at about 10 a share. Amex volume leader Syntex traded 146 800 shares. NYSE broad index stood at 50.95, down 54.

MENTIONED IN THIS ARTICLE

NEW York New York Stock Exchange Mapco American Stock Exchange General Motors American Motors Ford Louisiana Pacific Sierra Pacific Industries Sierra Pacific Amex Syntex NYSE Va Unocal Monsanto Sea Unit Ae Bs Bueyerie MonDu US Steels UniTel Aepw IR Castle R Natind Wachova Westy Asd Whittaker ensCos Citicorp Clarke OwenCn NEW York (Ap Owensfitts Panam Air Pasco Inc Fascan Tata Brewer Curtis Penn Cent Ty Enney Dartind Ea Ee Sears Fis Dayco Ltd Pennzoil Ava PepsiCol Deerel DiamSh DillonCo Frontier Air Giant Uakstosk Instrum el Pason Bageer Latay Radio DairCam SV Bya ReynMet Newidria Fednall Newpark Rs Royccol Fa Pea Ae Va FilrolCp Roylo NorCdn Oils Firestone RyderSy Ozark Airlin Laos Sireop FdFair SandrsAsso Phoenix ForAick Ata AM Ve SanFelnt Frnklam SCM Scoaind Seady Scarry Rain Searleg Stathaming GamSk WA Sears Singer Sa Exchange Amgcae Abbot Sap Genesco Inc SouthCol Tava LeYam Ve VLN Corp Vt Addisso Gerber Pd Admiral Geltyo i ouRy Aia Asyars WilshrQdse Reimalf2te & Ly Biltellen Tla— Vy Sperryr Aye— Va Yatesing S Sava GlobalMar Sauaro Ll ZimHom Airc Dave Aha GrGianti Stevens Africa Elex Cpa HarteHk HM Hercules At&t Amt&t Ind Apeco Corp Idaho ArchDan idealBasic I Armeo WiCent ArmsiCk MMC Ind Wis AshdOil Bae Asdorg Ingerr AtlasCare Bat Va Avco Corp IBAA Sats Avnetine InNick AasaGiater Press Beecai Ee Mek Corp Jonninda Jostens Boise Bas Borden Jai T Ie Associa Kaywr R.o Patis'ind Ure Kellogg Kennecott Kerr MG Kresger Ae— An Leek Kroger LearSieg Len Valind Lukensst LVO Corp Sierks Lykes Yngst Macmill MaratoVa Yala Ie Marctor Marialm & P McDonalds Merck MGM Milcradnt Wae Industrial Wit Transportation Ve
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New York Exchange High Point Enterprise Introductory Issue

The High Point Enterprise established 1884 in High Point North Carolina presents an introductory page noting independence and Associated Press affiliation. It lists address 210 Church Avenue and subscription details for various daily and Sunday rates, with cautions about delivery and tax applicability.

MENTIONED IN THIS ARTICLE

High Point Enterprise High Point Enterprise, Inc Church Avenue High Point N.C Associated Press
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Stock Dividend and Ex Dividend Terminology

A compact list clarifying terms used in dividend notation such as stock dividend ex-dividend and stock split. includes statuses paid or declared in prior periods, accumulative issues, new issues, and warrants. It preserves period language and references to dividends in arrears and special cases like ex rights and bankruptcy.

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Over-The-Counter Bid-Asked Quotations From NASD

Quotations from the NASD representing inter dealer prices as of about 11 a.m. reflect market values and exclude retail markups, markdowns, or commissions. The data comes through E. F. Hutton & Co. Inc.’s High Point office and lists bid and ask figures for various companies including Coca Cola, Anheuser-Busch, North Carolina entities, and furniture makers with percentages showing bid and ask levels.

MENTIONED IN THIS ARTICLE

High Point E. F. Hutton & Co. Inc
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2000 Year Old Relics Uncovered Near Miami River

Arch eologists at the former Granada Hotel site along the Miami River report uncovering 2000 year old Tequesta and earlier tribal artifacts. Finds include conch shell remains, animal bones, a musketball, pipe stems, buttons from Seminole wars era, a Spanish mission ceramic piece, bone pin and pottery spanning BC to early 1800s. Main aim is comparing Tequesta artifacts with earlier cultures.

MENTIONED IN THIS ARTICLE

Miami, Fla Miami River Miami Ross Morrell Granada Morrell U.S B.C
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Raw material dependence cited in Congress study

A Congress study warns two thirds of world supply will shift to competition over materials U S reliance on imports for aluminum tin chromium nickel rubber and zinc may rise. U S consumption could double or triple by 2000 with similar global trends creating shortages and higher costs. Cooperation among exporters, including underdeveloped nations, could worsen price gaps. Experts urge more information and political decisions.

MENTIONED IN THIS ARTICLE

Congress United States Library of Congress U.S
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Stans Accused Of Fix Attempt In SEC Probe

New York AP reports former SEC chairman G Bradford Cook alleges Maurice H Stans meddled in a Vesco fraud case tied to Nixon 1972 fundraising. He cites Stans asking to limit the inquiry and avoid embarrassment as investigators weighed Vesco’s $200000 cash contribution.

MENTIONED IN THIS ARTICLE

NEW York Security and Exchange Commission Commerce Maurice H. Stans Robert L. Vesco Nixon G. Bradford Cook SEC Vesco Cook Stans Atty John N. Mitchell Mitchell Texas White House Stans’ Finance Committee
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Nixon and Kissinger Seek Breakthrough in Geneva Talks

report notes Kissinger flew to Moscow with optimistic hopes for a Geneva accord between the United States and the Soviet Union. Despite movement, officials say no breakthrough yet and discuss add-ons to the 1972 pact while focusing on missiles with multiple warheads. Concessions were sought on emigration and launch power, as talks shifted toward broader deals rather than permanent bans. Meanwhile, in a separate development, testimony in the Vesco case recounts alleged efforts to restructure SEC filings and erase details linking Vesco funds to the Stans temper.

MENTIONED IN THIS ARTICLE

U.S Kissinger Kremlin Nixon Brezhnev United States Brezhinev
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Duke To Honor Trudeau At May 12 Commencement

Duke University will award an honorary degree to Canadian Prime Minister Pierre Elliott Trudeau at commencement exercises in Durham. The May 12 ceremony will honor Trudeau for his leadership and international contributions.

MENTIONED IN THIS ARTICLE

Durham Pierre Elliott Trudeau Canada Duke University
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Two Inmates Still At Large In N Y

In Hamburg near Buffalo two Attica inmates Slavi Trifonoff and Blease Montgomery escaped from a six man work detail building shelves and lockers at a state Department of Transportation facility. They failed to return by 4 p.m. on Wednesday. Trifonoff, 37, of Buffalo, was serving seven years for illegal possession of a loaded revolver and was due for release in 1975 after an assault on a Rochester police officer. Montgomery, 33, formerly of North Carolina, is also wanted on parole violation charges.

MENTIONED IN THIS ARTICLE

Hamburg N.Y Attica Prison Buffalo Slavi Trifonon Blease Montgomery North Carolli Attica Trifonoff Smith Rochester
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Also Mentioned on This Page

Business and Financial News Stock Market Report Jack Trachtman Steiner, Rouse & Co IBM Xerox Bausch & Lomb AP News Ward Griffith Company National Advertising A.P. Stock ASK Amer. Furn. Bio Anheuser-Busch Atlantic Pep Bassett Furn Bluefield Sup Cameron Fin. Corp Chatham Mfg Coca Cola Bil. Con Daniel Intl. Com Dmndhd Corp Henredon Hickory Furn J. B. Ivey Ncnb Corp N.C. Nat Nwstra Inv. Com Phillips Foscue de Piedmont Avia Rex Plastics Royal Scots Inns West J. Morganthaler Kemper Kemper Insurance Company New Kemper Michael H. Smith High Point Bank and Trust Insurance Department S. Main Street Duke Trudeau State Department of ‘Transportation Harald J. Smith Sears S. Wrenn St High Point, N. C Bed Sears and SAVE J Roehuor
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