Market Holds Narrow Gains Amid Mixed Dow Action
The Dow Jones rose slightly to 938.17 as advances barely outweighed declines on the NYSE. Motors and oils fell while steels and metals gained. first quarter GDP rose to $30.8 billion, the deficit at $13.3 billion, and corporate profits up $10.1 billion. Sperry Rand led notable activity with a 1 point move to 365. Sellers included Union Carbide and American Telephone among large blocks traded.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Sperry Rand
Union Carbide
American Telephone
Morse Shoe
Britain Makes Headway in Common Market Talks
BRUSSELS AP Britain's application for EC membership shows a major breakthrough with agreement on three key issues including how Britain will pay into the joint bodies in early years of membership. Negotiators target resolution of New Zealand dairy exports and pound sterling next session June 7 in Luxembourg.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
Britain
European Economic Community
Western Europe
New Zealand
Luxembourg
Maurice Schumann
Hans de Koster
Denmark
Ireland
Norway
Sigismund von Graun
British Commonwealth
Jamaica
Guyana
Mauritius
Life Assurance Company reports big gains in 1971 premium income
Life Assurance Company of Carolina led by President Grover H. Cole shows substantial growth in the first quarter ended March 31 1971. Premium income rose 42 percent or 232799 to 786307 from 553508 in 1970. Ordinary life sales increased 47 percent. In force life total reached 174647045, up 29061183 or 20 percent from 145585862 a year earlier.
MENTIONED IN THIS ARTICLE
Life Assurance Company of Carolina
Grover H. Cole
Cole
Weard-Griffith Company
National Advertising Representatives
Abortion Bill Near Passage In North Carolina
In Raleigh the General Assembly neared enactment of a bill to ease abortion access with a Gudger amendment requiring two doctors to authorize abortion. The House supports the compromise setting a 30 day residence, replacing a four month standard. Senate later backed the two-doctor rule 30 to 17. The bill also prompts unemployment security expansions for 139 000 workers and 34 000 employers, while lawmakers approved a natural resources and environment protection policy dubbed an environmental bill of rights.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
North Carolina General Assembly
House
Senate
Lamar Gudger
Buncombe
Jack Rhyne
Gaston
Rhyne
Gudger
Hargrove Bowles
Douilford
Nixon Sees Slow Recovery Amid GM Strike Fallout
President Nixon forecasts 9 percent rise in economic output with GNP at 1.065 trillion this year. First quarter GNP gained 28.5 billion driven largely by GM auto production, yet unemployment lingers above target and business investment trails. Senator Hubert H. Humphrey criticizes administration policies.
MENTIONED IN THIS ARTICLE
General Motors
Nixon
G.M
Sen
Hubertee
Dminn
Etem
Vietnamese Marines Repel A Shau Attacks With High Casualties
South Vietnamese forces claim 200 North Vietnamese killed in two A Shau Valley counterattacks aided by U S aircraft. Marine battalion base camp and an arms factory were destroyed, with 90 marine casualties in the two assaults. U S advisers were present with the battalion.
MENTIONED IN THIS ARTICLE
Saigon
A Shau
U.S
A Shau Valley
A Shan
Hue
da Nang
Indochina
Phnom Penh
Cats sue to reclaim luxury home from heirs in odd case
In Seattle, a trust dispute pits the heirs of Charles V. Anderson against a bank as they seek to eject two cats, Rastus and Lucy, from a four bedroom house with a $35,000 value and a full-time housekeeper. The heirs want funds diverted for a sale and distribution of the estate.
MENTIONED IN THIS ARTICLE
Seattle
Wash
Rastus
Lucy
King County Superior Court
Charles V. Anderson
Anderson
Southern Baptists Link With American Baptists in Historic Union
131 Southern Congregations join the American Baptist Convention at its Minneapolis meeting. The new bloc includes 110 black and 11 white Southern churches across 14 states, forming the first deeply integrated Baptist grouping in the South.
MENTIONED IN THIS ARTICLE
George W. Cornell
Minneapolis, Minn
Deep South
Southern Baptists
American Baptist Convention
Frank E. Johnston
J. B. Henderson
Norfolk
New Reen
South
Minneapolis
Children of God
Henderson
Southern Baptist Convention
Atlanta Officials Propose Four Day Work Week
Mayor May Massell announces city employees may switch to a four day week with 10 hour days instead of five eight hour days. department heads will poll staff and police chief Jenkins will assess impact. Massell argues it would attract workers and ease traffic by avoiding rush hours.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
Sam Massell
Herbert Jenkins
Massell
Athlete's Foot Treatment Claim From Mann Drug Stores
An advert promotes a quick relief product from Mann Drug Stores for athlete's foot. It promises rapid itching and burning relief within minutes and claims the infected skin will shed in 3 to 5 days with healthy skin returning within an hour, touting a 4 percent back offer.
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Stock Market Report
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Natomas
International Paper
Bausch & Lomb
Rapid American
Polaroid
Amex
Loew’s Corp
Alamera Oil
Buttes Gas
Wm Pvm
Eee Rohr Cp
Royccola
RoyDut
Ryder
Cenco Ins
Maytag
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Merck
THOM
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Chris Craft
Chrys
ClevElitt
Monson Vee
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Montow
Coly Pal
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Motorola
Ace's
CBS
Tno
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Niag MP
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Mia
Norris
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E Bunkr Ramo
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Ve Yonk Ra
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NEW York —Exchange
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the. Ralls Ull
Prev. Dev
NEW York Stock Index
New York Stock
Aenenge Tanens
Weerneee
Tremepertotien Eerhaces Utility
Finance One Ny
CNN
By Carl Hartman
Baptists
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Atlanta
Friedman
ASP
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