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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 11 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 16, 1971

Page

2

Blue chip stocks hold fractional gains in slow New York trading

The noon Dow rose 0.44 to 810.97 as cautious traders awaited Phase 2 Nixon policies and signs of an upswing. Chesapeake and Ohio paused after omitting its quarterly dividend due to the soft coal strike, while the AP 60-stock average dipped 0.1 to 299.7 with mixed results across sectors.

New York Chesapeak & Ohio CmbEn MGM Microdot iComsat MobilOil Va Monsant Montaw MorNor Corp Motorola Cooperin Va Nabisco Aerojet Ye Corgiv NatAirin Cowles Nat Can AO Indust Cox Best Ark Best CPC Arklgas Alamera Oil CrowColl Atlas Co Crown Cork Barnes Eng CrwnZell Nat Indust Barnwel Ind Nat Steel Buttes Gs Natomas Dan River Va Newberry Cinerama Ae Dillon Co Noamrk Disney Ve Felmont Oil Eens Diversind NoStaPw Va Frontier Air Northrop Nwst Airl Giant DomeMns Eoeey OhioEdis Baskodak la Omarkin Kin Ark Corp Eaton 1 Otis Elev Kingsford Echlin Mf Mar Lafay Radio Va Eg&g Owen Cng Lee Ent Ve Eipasong Owen Ii Ling Tvgt P—Q — oewsThe Marshal Ind PacPetri Milgo Elect Pacpwl Newldria Mn Pac T&t NewPark Mn Penn Cent Ormand Inc Va FedDeptStr Penn Dix Ozark Airline Penney JC Permanet Va Firestone PaPwLt PennzUn PepsiCo Pfizer Phelps D FMC Cp Phil Morr Syntex New York Stock Va Viewlex GAC Cp GOF Corp Pubscol Vikoa Inc L&st Chg Gam Sko VLN Corp Ve Gannett Westates Pt Vn Pueblo Wilshire Yates Ind ACF Ind Va GenElec Pullman Ve GenFodo Questir Stnce Zim Hom Address GenMills Associated Press Admiral GenMot Ralston P AetnaLfe Arizona Genesco Gettyo AllegPn Gillette Reyn Allied Ch Glen Alden ReynMet Divi- Allied Global Marin Vv Allis Ch Goodrich Rohr Ind Piad Alcoa Alri A&p Ryder AmBadest Greyound Streem Cyan Ward - We Ameipw Stregisp Gulf Oil Ing. R SanFeinz Am Motors Gulf Wn ScherPig SCM Corp Scoa Ind Va Scott Pap Harris At&t Heclam T&t SearsRo AMF Inc Val Hercule Heublein AMP Inc Ampex Corp Hew Pack Signal Co Hoernwal Hoff Electra SingerCo Smith KF Com- Ancorp Sony Cp Apeco Cp HollySug Scar Arch Dan Soucale Honywil South Co Atl Richfid Atlas Corp Idaho Kollsman SiMe Esees Stoilnj Beckman Stauf Beecher Bell How Stevensj Bendix A&t Va Swift Co Boeing Co V4itek Corp Tampa Telex Co Wavq JonnMan Brunswk TexPLd 50g 15% 15% 15% — “a BuriNor 1.50 5 47\a 47\a 47a KaisAlum Textron Ve TimesMir Cadence Ind Katy Ind Timken Cal Finan KayserRo Lawv Todd Ship Camprlk Kennecott Kerrmcg Transmra CarrierCo TRW Inc Cerro Cp Moiical CessnaAir LehVal Ind UN PacCp Ches Ohio Lehmn Uniroyal ChiMil Spp Levitz Furn Unit Alr Chipneut Chris Craft UnitCp Chrysir Liggt LoneStarin US Steel Lonesga Univ Oil Collins Rad Colg Pal LukenStr CBS VO Corp Varian Assoc Va Colu Gas Lykes Yngst VendeCo Mmm VaelPw Macke Co Macy RH Xerox Cp The

Inter-dealer Over-The-Counter Bid-Ask Quotations

NASD representative quotes as of 11 a m show bid and ask prices for multiple securities. Prices exclude retail markup and commissions. Listed items include Amer Furniture Caribbean Life of Carolina Pub. Serv. of N C and others with varying bid and ask percentages.

ASK AMIC Amer Caro Caribbean Hardee’s Integon Life Carolina N.C.N.B. Corp N.C. Nat. Gas Pub. Ser N.C Ruddick Ruddick Com Sou. Film Wellington Hall

Coal Strike Holdouts Prolong Appalchian Tensions

Miners begin returning to soft coal shafts nationwide but Appalachia shows substantial holdouts. Few in West Virginia and Western Pennsylvania have accepted the three year pact signed in New York. Union says 30 percent wage boost. industry cites 39 percent and a 1.2 billion cost. Pay Board guidelines set Phase 2 increases at 5.5 percent annually.

Associated Press Appalachia West Virginia Pennsylvania New York Federal Pay Board United Mine Workers Nixon

New York Stock Index Update

Noon trading in New York shows mixed movement across major indexes with utilities and industrials among notable movers. brief fluctuations reflect broad market uncertainty as investors monitor financial sector signals.

War funds cut proposal unlikely in House vote

An attempt to halt Indochina war operations by cutting funds faces near-certain defeat in a House vote. Rep. Boland seeks to stop combat and military support spending as part of a $71 billion defense bill, while POW MIAs urge action. President Nixon's troop withdrawal plan dampens opposition.

Washington U.S Indochina House Edward P. Boland D-Mass Senate Mike Mansfield Congress Howard W. Robison R-N.y National Organization Boland Donald M. Fraser D-Minn Nixon Fraser

Henderson Says Medina Responsible For Coverup

Col. Oran K. Henderson says he would not be on trial now if former Capt. Ernest L. Medina had not lied to him about the My Lai massacre. Medina testified that he informed Henderson of suspicions and denied indiscriminate shooting, while Henderson maintained his men did not warrant a full investigation.

FT. Meade, Md Oran K. Henderson My ‘Lai Ernest L. Medina Medina Henderson 11Th Brigade Charlie Company My Lai F. Lee Bailey Ernie

Congress Split On Cancer Bills

Washington AP The House approves a 1.6 billion dollar three year cancer campaign with a three member monitoring panel while the Senate supports an independent conquest of cancer agency within NIH with no budget ceiling. Both plans receive presidential backing as Congress seeks a Christmas compromise.

Washington House Senate Paul G. Rogers Dfla House Public Health Subcommittee Congressional Nixon American Cancer Society Conquest of Cancer Agency National Institutes of Health National Cancer Institute NIH NCI Cancer Institute White House

Forum Draws Few Attendees in Wake of School Meeting Plan

In Winston-Salem the Save Our Schools forum opened with about 75 participants. The nine day series aims to generate recommendations on desegregation and school problems, funded by a HEW grant and sponsored by the North Carolina School Assistance Project. The opening speakers included C P Ellis of Durham and Brooks Hays. Ellis urged that the community address the Klansman issue and noted progress in Durham.

Winston-Salem Save Our Schools Fred Jones North Carolina School Assistance Project Afl-Cio U.S. Department of Health, Education and Welfare C. P. Ellis Durham Brooks Hays Arkansas North Carolina Good Neighbor Council Ellis Anne

Foreign aid funding extended amid House Senate talks

Senate and House leaders reached a plan to renew foreign aid spending authority until December 1 while they work out long term legislation. The move comes as agencies face a midnight cutoff and a potential conference vote to send aid bills to a formal committee for negotiation. President Nixon urged quick action as Congress adjourns for a 10 day recess.

Washington Sen- House Congress House Senate Agency For International Development John A. Hannah House-Senate Gerald R. Ford Hannah Nixon White House Allen J. Ellender D-La

Stanley Furniture workers strike in Virginia over union dues

In Stanley, Virginia, about 80 percent of 1,100 workers at Stanley Furniture Co. walked out as the United Papermakers and Paperworkers union strikes over contract negotiations. The company says most workers remain at work and production continues while the union accuses the firm of bad faith bargaining over a union dues checkoff.

Stanleytown Stanley Furniture Co United Papermakers and Paperworkers of America Thomas B. Stanley Jr Stanley Thomas Linn

Seale backs politics over confrontation in Winston-Salem

Bobby Seale national chairman of the Black Panthers argues police oppression cannot be ended by open confrontation and backs political action as the path to black solutions. He noted Panthers use arms only for self defense and deny endorsing a shoot and kill policy.

Winston-Salem Bobby Seale Black Panthers Seale Winston-Salem State University

Also Mentioned on This Page

Linda Rubey Business and Financial News Stock Market Report New York Stock Exchange NEW York Exchange A.P. Stock Ind Railsuit Dow-Jones Indus Rade Rails NEW York Stock Index Tronenerighien Pinance—s Forum On Schools High Point Enterprise High Point Enterprise, Inc Church Avenue High Point Okly Ward-Griffith Company National Advertising Representatives First Federal N. Main ST Jamestown N ST. S
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