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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 22, 1972
Page
2
The Dow Jones 30 rose 3.32 to 964.86 at noon with broad but modest advances. The 60 stock average gained 0.9 to 335.2 as oils and airlines rose while rails and steels fell amid mixed signals from the Moscow summit and April mutual fund flows.
The text lists abbreviations and notes for dividend types and timing such as annual rates, stock dividends, liquidating dividends and ex-distribution dates. It clarifies terms like extra or special dividends and footnotes referencing 1971 1972 actions and accretive issues.
US analysts in Saigon say Hanoi is reassessing its battlefield strategy after Nixon moves and Moscow talks. Mining North Vietnamese ports and bombing rail lines may reduce its ability to sustain the South Vietnam offensive from months to four. Officials note a lull since April with no ships in or out of mined ports and strive for a cease-fire and POW return.
The noon New York Stock Exchange index shows mixed results across sectors. Industrial shares rose slightly while transportation and utility groups showed modest gains and declines amid unsettled trading.
Eckerd Drugs Inc of Charlotte reports a 52 week fiscal year ending April 1 with record sales of 127,334,249 up from 110,145,541 the prior year. Net earnings rose to 5,035,537 from 3,566,515 and per share to 1.09 from 0.78. The company opened 21 new units, closed two, Deb Shops added four outlets, ending year with 142 drug units and six more opened since. Twenty five additional units are planned this year.
Albert J. Begendorf finished a three week course in business equipment marketing at Monroe Division Litton Business Systems training center in Orange New Jersey. Bergendorf is a sales representative at Monroe’s High Point office at 1245 South Main Street.
Wilson formerly of High Point is appointed manager of Rose's Store in Elizabeth City. He has worked for the company since 1965 and is married to Sherry Conley of Norfolk Virginia with one child.
The name Lucier as a devil reference traces to the Bible line How art thou fallen from heaven O Lucifer son of the morning The verse is interpreted as referring to the archangel cast from heaven for wickedness
Daily only by carrier sixty cents monthly two dollars sixty cents or thirty one twenty mail subscription in North Carolina subject to three percent sales tax. The Associated Press rights noted. Entered as second class matter at High Point Post Office under March 3 1879 act. Independent contractor carriers and distributors. enterprise not responsible for prepaid payments. For home delivery rates contact local carrier. Ward Griffith Company national advertising representatives.
Wilbur Hobby of the North Carolina AFL-CIO plans to endorse Lt. Gov. Pat Taylor in the June 3 Democratic gubernatorial runoff. Hawkins, a Charlotte dentist, also backed Taylor, while Bowles led the first primary. Hobby indicated no deal with Taylor and said he might campaign as needed to support the endorsed candidate.
Democratic candidate Skipper Bowles urged expanding medical education and rural care during a Winston-Salem speech. He proposed more family doctors, allied health programs, and community college training, plus pilot prepaid group health plans to curb rising costs and improve access. Bowles also urged doctor group practices, incentives for rural physicians, and pilot nonprofit health options. His campaign moves to Wilmington and New Bern with family on tour.
About 400 to 1,000 demonstrators crossed Memorial Bridge to protest at the Pentagon, sitting and singing after a parade permit denial. Police charged to separate the crowd as Dr. Benjamin Spock Rev James Groppi and David Dellinger joined the protesters.
Free tiny Beltone hearing aid model advertised for those with hearing difficulty. The non functioning unit weighs less than a fraction of an ounce and sits at the ear level without wires. No cost or obligation, write to Dept 9152 Beltone Electronics Corp Chicago Illinois 60646.
Senator B Everett Jordan and Rep Nick Galifianakis faced a two week stretch before the June 3 runoff. Galifianakis spoke at a Yount Democrats Club rally in Asheville and predicted a higher vote share than in the first primary. Jordan, in Washington, accused Soviet trawlers of taking menhaden out of season and sent photographic evidence to the State Department.
McGovern carried Washington eight of 52 delegates, Vermont nine to Muskie three, and Maine all 20 as Muskie and McGovern split Iowa five apiece. Louisiana gave one at large to McGovern while Hawaii split votes. Wallace remains wounded with 323 while Humphrey has 291 and Muskie 132. Mitchell predicts Nixon will face McGovern, with Agnew as favored running mate.
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