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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Nov 09, 1971

Page

2

Stock market rises on selective buying amid modest gains

A quiet session saw the Dow Jones 60-stock average up 0.8 to 309.3 as advances outpaced declines about 2 to 1. Notable gains included Xerox up 1 1 8 points, Polaroid 1 4, IBM 1 to 301, Memorex 1 4 to 24, with mixed results across electronics, airlines, and steels.

New York Stock Exchange Glamours Xerox Polaroid IBM Control Data Memorex Associated’ Press Mely Sho Cerro Cp Memorex Cp CessnaAir Merck New York Ches Ohio MGM Microdot Et ChiMil Crris Mohas AO Indust CitiesSoc Monsant Arklgas Clark ClevEllis Montdut Asamera Oil Mont Pw Atlas Cp Cocacol MorNor Barnes Eng NW Motorola Barnwes Colonnist MtFuel S BrascanLt Ib Colu Gas Mtstatt Buttes Gs Oil CmbEn CampbChib Nabisco Cinerama Atre Dillard Dixilyn Corp Air Lin Nat Indust Essex Chem Conti Corp Nat Steel Fed Resrees Nat Tea Frontier Air Natomas Gen Plywood Cooperin Gt Basin Pet Corgiw Newmat Husky Oil Ning MP Hydrometi NL Ind Norfolk Norris Ind Eee Instrum Sys CrowColl No Am Phil ITI Corp Crown Cork NoAmRk Jetronic Ind Ve CrowZell Nongas Jupiter Cp NoStaPw Kaiser In Northr Kin Ark Corp Nwst Airl Kingsford Dan River NwtBanc Lafay Radio Va Dart Ind Norton Ling Tvot NortSim McCrory Me Deere Co OhiaEdis Midw Fin Va Delta Air Okla GE Milgo Elect Denny Ast Be — Okia Ngs Newldria Ma DetEdis Ye Olin Corp NewParkin Va Omarkin Nor Cdn Oils Disney Nuclear Am OKC Corp Ve Or Pepper Nee Owen Cng Ormand Ind DomeMns Ya Owen Ili Ozark Va — PQ Permaner Dressind Pacgel Va Phoenix St Duke Pw e + Pac Ltg Puritan Fash duPont T&t Ve Syntex Eaton Ve Penn Cent A Echlin Mf Va Pennix Eg&g Penney JC Eipasong PaPwlt PennzUn Viewlex Essexint PepsiCo Vikoa Inca Ethy! Cp Pfizer VLN Corp Evans P Phelps Westates Pt Phila Et Wilshire Phil Morr Yates Ind Fair Ind Phill Pet Yonk Ra Pitney B Zim Hom Aalated Firestone Questor R—R — Ralstonp Ve Gac Cp Eeres Ranco Inc GAF Corp Raytheon Gannett RCA Gen Dynam Reading Co GenElec Rdig Bate NEW York (Ap GenFood Reich Ch GenMills RepubStl Teee GenTire ACF Genesco Rohr Cp GaPacif Royccola RoyDut Admiral Gettyo Gillette Ryder Global Marine Streem Arizona la Goodrich StRegis P Alcan Seer Goodyr Sanders Asso Py Alleg Cp AllegPw ScherPig Allied Ch Gt West Fin M“Lscm Corp We Allied Str Ve OA Ind AllisCh Gen Giant Scott Pap Greyhound Sears SearsRo Shell Oil Brads Gulf Wn Sherw GlfWnind Alsignal Co Halliburt SingerCo Smith Harris Hecla M Sony al South Co At&t Honywil Ibb AMF Inc St Brands AMP Inc Ampex Corp Idaho Swift Co Avco Corp Tampa el Tektronix Sa Ia Teledyne Corp Tenneco Beckman el Beecher Texaco Bell Jewel Co johnMan Bendix JohnJor Joni Jon Lang Thiokol Ve Boeing Co BolsCas KarsAlum Mir Borden Todd Ship Budd Co Bucy Er TRW Inc Kimode Ye Bunki Ramo Kraftco Ve Ual Inc Burlind BuriNor UMC Ind Kroger Cadence Ind LearSieg Unoilcal Cai Finani Lehpcem UN Pac Cp LehVal Ind Uniroyal Levitz Furn CastieCke US Indust Littonind Lockheed Air m+ US Smelt Cenco Ins Loews Corp US Steel LoneStarin Bnli Univ Oil Lonesga Upjohn LukenSt Ve Varian Assoc LVO Corp VendoCo Lykes Yngst Ove Ve VaEiPw Macke Co WachCo Macy RH Va WarLam Magnvox WstnAir Marath Wn Banc Marcor Od Wa WnUnion Westg Ei Martinm We Weyerhs Ind. Ralts Util Maydstr Maytag White Motor McDond Whittaker McGrwh Williams Co Mead Corp Zenith Associated Press

A.P. Stock Averages Notes on Dividends and Footnotes

Unofficial stock averages note that dividend rates shown are annual disbursements based on latest declarations. Footnotes explain symbols for extra dividends, stock dividends, dividends in arrears, new issues, ex rights, and related conditions including bankruptcies and foreign tax considerations.

Powell Senate hearing outlines Warren era concerns and civil rights stance

The hearing covers committee liberal doubts about Justice Powell with Sen Hart pressing whether he would vote against nominees due to Warren court rulings. Powell defends selective Warren era decisions, supports civil rights gains, and opposes indiscriminate wiretapping while backing court-ordered taps against organized crime. He cites equality, aid for the poor, and peaceful dissent as core values.

Red Inquist Philip A. Hart D-Mich Hart Earl Warren Powell Nixon Warren ‘Court Warren Court American Bar Association Rehnquist

Wayne Pennington Named in International Who's Who

Wayne Pennington of Wayne Pennington & Associates is listed in the fourth edition of International Who's Who in Public Relations. The North Carolina native, a 1946 Duke graduate, began in newspapers, then foreign correspondence, later PR leadership roles in New York, and now resides in Winston-Salem with his wife Ala Hurst Cole and two daughters.

Wayne Pennington Wayne Pennington & Associates, Inc North Carolina Duke University Pennington Florida New York Ala Hurst Cole Jacksonville Wilmington N. C Winston-Salem

London Bank Seeks European Branch London

London Bank North Carolina National Bank applies for Federal Reserve approval to open a full service branch in London making it the first European branch of a North Carolina bank. The move aims to expand its international presence.

North Carolina National Bank London North Carolina Federal Reserve Board

Jefferson-Pilot to Acquire Clearwater Sun and Beaumont Newspapers

Jefferson-Pilot Corp. of Greensboro announces the acquisition of Clearwater Sun Inc the owner of a Clearwater Florida evening and Sunday newspaper for an undisclosed price in a deal with Walls Investment Co owner B Carriage Walls of Montgomery Alabama. The two firms previously acquired Beaumont Newspapers Inc in December of last year.

Jefferson - Pilot Corp Greensboro Clearwater Sun, Inc Clearwater Fla B. Carriage Walls Walls Investment Co Montgomery Ala Jefferson - Pilot and Walls Beaumont Texas

Wage Guidelines Allow Above Standard Raises If Fair

The board maintains a 5.5 percent standard but allows above standard increases to correct inequities and catch up with living costs. It could approve retroactive raises in limited cases, while unsettled questions remain on fringe benefits and certain contract terms.

Boldt

House and Senate Debate Over Foreign Aid Measures

The House votes on a brief foreign aid resolution likely to fail in the Senate which debates a sharply reduced aid bill. The administration seeks a continuing resolution after November 15 while Senate GOP leaders push amendments toward higher funding. Proposals include a $2.8 billion annual aid level and separate economic, humanitarian, and military aid bills totaling about $2.3 billion.

Washington House Senate Congress State Department Hugh Scott White House Scott Pentagon Sen J.W. Fulbright D-Ark Foreign Relations Committee Appropriations Committee Fulbright Mansfield

Spring Lake appoints Black police chief

Spring Lake aldermen named Billy H Manning 49 as police chief. A retired Army sergeant, he had served as acting chief for a month and is the force's only Black member. He replaces James Farrington who resigned. Manning served 24 years in the Army before joining Spring Lake near Fort Bragg in Cumberland County.

Spring Lake N.C Billy H. Manning Manning James Farrington Ft. Bragg Cumberland County

Milk Law Test Seen in North Carolina Courts

Raleigh attorney for the North Carolina Milk Commission says the 1971 law will be tested in court soon. He notes a key provision bans stores from using milk as a loss leader and outlines changed commission membership and powers including investigation of milk firms and price setting at producer, wholesale, or retail levels.

Raleigh N.C North Carolina Milk Commission General Assembly W. C. Harris Reorganized Commission F. Rockwell Poisson Charlotte B. Cameron Langston Grifton Langston Harris Commission

Mild antibusing resolution moves at Southern Governors Conference

Alabama Governor George Wallace steers a mild antibusing resolution through the Southern Governors Conference committee. The measure urges the Senate to block federal funds for busing and would prohibit nonfederal money use for busing even when court-ordered. Wallace expects a full conference vote before adjournment, though unlikely today.

Atlanta, Ga Southern Governors Conference Alabama George Wallace U.S. Senate House Wallace Senate Winfield Dunn Tennessee David Hall Oklahoma John West South Carolina Louis Ferre Puerto Rico Jerris Leonard Law Enforcement Assistance Administration William Westmoreland

Work moves on cofferdam at Niagara Falls

A cofferdam to dry a small part of American Falls is set for completion today. The Niagara Frontier State Park Commission said it will shut off Bridal Veil Falls to allow consultants to plan strengthening Luna Island and Cave of the Winds, which is then closed to visitors.

Niagara Falls N.Y Niagara Frontier State Park Commission Bridal Veil Falls Luna Island

Also Mentioned on This Page

Stock Market Report Carole Martin Acme Federated Department Stores Oklahoma Gas A.P. Stock Guuveryvi The Reits Vna Util. Om Dow-Jones Indus Mousnais Occ NEW York Stock Index Neon Industrial Bateener Seeee Utility Fince Oro Eeee En Anes London Bank High Point Enterprise High Point Enterprise, Inc Church Avenue High Point AP News Gataveris High Ayah N.C Ward-Griffith Company National Advertising Representatives Garrell Bangip Archdale Rev. C.C. Vaughn Rev C.C. Vaughn Glen Hope Baptist Church Burlington, N.C Elwood Faircloth Reel Estate Gvestment Trusts R.E.I.T City STATE Zip R.S. Dickson, Powell, Kistler & Crawford N. Main Street
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