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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 17, 1971

Page

2

Stock Market Dips From Early Lead In Mixed Trading

In New York, the Dow Jones average slipped 2.78 to 815.93 as trading remained slow. The day saw more declines than advances on the NYSE amid investor caution over Nixon phase two policies and recent losses. American Exchange and Big Board prices showed mixed to lower readings across several sectors.

New York New York Stock Exchange Nixon Associated Press Ford Bausch & Lamb Natomas Chesapeake & Ohio International Telephone & Ares Vy Gulf Oil American Stock Exchange Perini Delta Corp. of America TWA Loew's Corp Syntex

New York Stock Exchange Afternoon Prices Snapshot

Broad table of NYSE prices and changes across numerous companies with listings for Abbot Labs, Air Products, American Brands, Amoco, AMF, Anheuser Busch, AT&T, Boeing, Coca Cola, Exxon, General Electric, IBM, ITT, Johnson & Johnson, Merck, Procter & Gamble, Sears, Shell Oil, Texaco, Westinghouse and many others. Figures show last, high, low, and percent changes with notes on ex-dividend and rights where applicable.

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Treasury secretary cites freeze as strong. economy viewed as improving

Secretary Connally hailed the 90 day price freeze as a success and warned full certainty would require regimentation. He forecast inflation halving by late 1972 and a brighter year than 1971, while noting mixed data on industrial output and housing starts.

Secretary of the Treasury John B. Connally Economic Club of New York Connally Federal Reserve Board Commerce Department Nixon

Laura's Path Retroactive Pay Looks Dead Is Puzzling

Tropic al Storm Laura drifted in the Caribbean returning near the same spot two days later. The National Hurricane Center warned the storm may not strengthen in 24 hours as gale warnings were lifted in parts of Cuba. Laura dropped heavy rain on Isle of Pines and forced massive evacuations while Cuba reported no deaths.

Laura Miami Fla Caribbean Havana National Center Cuba Hurricane Center Isle of Pines Key West Radio Havana Pinar del Rio

Labor Leaders Weigh Staying On Pay Board

Labor leaders meet in Miami Beach to decide if the AFL-CIO should quit the federal Pay Board. Retroactive pay, blocked by the board, dominates agenda as Meany and the executive council prepare to guide delegates at the federation convention.

Miami Beach Fila Afl-Cio Federal Pay’ Board Meany Nixon

Dow Jones Averages and Bond Notes Round Up

The Dow Jones industrials edge lower with key indices showing a decline while bond markets indicate mixed moves. Trading activity highlights industrials around 615.93 with a 2.8 point drop and transportation at 96 with a slight decrease.

Social Security tax hikes eyed under new plan

The proposal aims to cap trust fund needs to about one year of payouts and raise the Social Security tax from 5.2 to 5.4 percent next year on a $10 200 maximum, reaching 7.4 percent by 1977 with employer matching. Officials say an accounting plan could keep the rate at 5.4 percent for decades.

Cmne

Escaped convict dies after Mooresville shootout

Johnny Danielies by 21 of Goldsboro identified the suspect as an oil convict. He died in a duel with Trooper David Blackwell after a chase from Burgaw area where the escaped prisoner wrecked his car. The trooper shot back fatally wounding the suspect after a exchange of gunfire.

Mooresville N.C Johnny Danielies Goldsboro Highway Patrol Bivens Burgaw David Blackwell Blackwell

Sam Yorty Enters Democratic Presidential Race

Los Angeles mayor Sam Yorty becomes the second declared Democratic candidate joining Senator George McGovern in 1972 primary plans He targets the New Hampshire primary and California's vote as campaign anchors while appealing to moderates and conservatives. Senator Henry M Jackson remarks on Yorty entry and confirms his own campaign stance.

Los Angeles Sam Yorty Nixon George S. McGovern South Dakota Yorty New Hampshire California Vietnam Henry M. Jackson Washington Jackson Alabama George) Wallace Washington, D.C

Henderson Testimony Scheduled in My Lai Court Martial

Col. Oran K. Henderson, last of the My Lai defendants, is expected to testify in his own behalf early next week as the defense case nears its close in a long court martial. The trial resumes after a recess with nine witnesses set to speak on Thursday about Henderson’s alleged attempt to cover up the civilian slayings.

FT. Meade, Md Oran K. Henderson My Lai Henderson

Continuance Of Emergency Considered In Wilmington County

Meares Harris, chair of the New Hanover County Board, said a decision would be made today on extending the state of emergency that expires at 7 pm Wednesday. The action followed a racial disturbance at a school and arrests at a Rights of White People rally. The declarations bar public park meetings and carrying dangerous weapons in public.

Wilmington N.C Harris Rights of White People Organization

Saturday Review Editor Norman Cousins Resigns Over Format Change

Norman Cousins resigns as editor of the Saturday Review after a dispute with new owners John Veronis and Nicholas Charney over plans to expand the weekly, convert supplements to a monthly, add a publishing branch and a club division. The 59 year old editor led the publication since 1940 and noted a philosophical professional disagreement.

NEW York Norman Cousins The Saturday Review Cousins John Veronis Nichlas Charney

Also Mentioned on This Page

High Point Enterprise Stock Market Report American Exchange Linda Rubey NEW York Exchange Kuyuul Ryder Va Safeway Sanders Asso SanFeint ScherPig SCM Corp Scoa Ind Scott Pap Snerv Wm A Signal Co SimegrCo Smith KF Sony Co Se Scareg Soucale South Co Soungas Southn Pac eSew Squared Squibb StBrands Stolcal StOilind We Stohn SteriDrug la — Telex Co Tenneco Tesoro Pet Texaco FimesMir Timken Todd Ship TRW Inc VAL Inc Indust UnivCptr Upjohn Whittaker Williams Co WinnDx Woolwtch Xerox Zale Corp Zenith Prove Wort Neil Gilbride Labor Nathaniel Goldfinger Goldfinger George Meany 117-Union Federation A.P. Stock Rais Ull Bond AV Cangren Oye Pen Rau U. Po iv Dow-Jones NEW York Stock Index I.e Saad High Point Enterprise, Inc Church Avenue High Point Ward-Griffith Company National Advertising Health Food Council Galngun Wachovia Chicago
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