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High Point Enterprise in High Point, North Carolina

22 Nov 1971

Page 2

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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 22, 1971

Page

2

Market advances as Dow climbs in light trading

Blue chips edged up with the noon Dow at 811.70, up 1.3, as declines slightly outnumbered advances on the NYSE. Treasury Secretary Connally touted public confidence in the Nixon administration's economic program while investors remained wary of Phase 2 and the international monetary scene. Xerox, Polaroid, IBM rose modestly while UAL Pan Am Eastern and American Airlines shares moved mixed.

MENTIONED IN THIS ARTICLE

Treasury John Connally Xerox Polaroid IBM UAL Inc Pan American World Airways Eastern Air Lines American Airlines CocaCol Colg Pal New York Collins Rad Val Mobile CBS Colu Gas Monsant CmbEn Aerojet ComiSolv AO Indust AmPetr Wava Arklgas Comsat Motorola Va Asamera Oil Connatg Vai Mtstatt Barnes Eng Va Cons Power Barnwes Ind Va Nabisco Buttess Conti Corp Contavin Certron Cp Cinerama Va Data Control Dixilyn Corp Cowles Com Nat Indust Nat Steeel Cox Bdcst Crown Cork Frontier Air Nenge Newmat Ning MP Gt Basin Pet Dan River Husky Oil Dart Va Instrum Sys Deere Co Va Tl Corp 2A Kingsford Diam Sham Norton Ling Disney NortSim LoewsThewt McCrory OhioEdis Okla GE Milgo Elect Okla Ngs Valgovtis Elev Nuclear Am Dynam Am OKC Corp al Owen Cng Va Ormand Ind East Air Lin Owen In Ozark Airline Baskodak la Eg&g PacPetrl Elpasong Pacpwl Wa Reserve Emer el Va Pac T&t Ve Resortsinti PanAm WaAir Statham Ins Va Evans P Panh EP Evans Pdwi Penn Cent Fat Penn Dix Penne JC Fansteel Inc Pepsico Vikoa Inc e + Va Pfizer Sa — Va Vln Corp Phelps D Tes Pt Firestone Pitneyb Associated Press Food Fair GAC Cp Mitt New York (Ap GAF Corp Am Sko E — Va Pullman Questor Gen Dynam GenElec Ralston P GenFood Ranco Inc Ytheon GenMills GenMet Address G PubUt Reading Co Rdg Bate GnTelEl Reich Ch RetaLte Gene Tire 1B Gerber Reyn Ind Gillette Roanst Va Alleg Cpla Va Allied Ch Ryder Sy AlliedStr Goodyr AllisCh Grace Safeway Va Alcoa Grant W Streem A&p Stl Sa Ambess Gt West Fint StRegis P ValSaneFind ScherPig Gulf Oil SCM Corp Va Ameipw Seisci Ind Gulf Wn Scott Pap Sears GD Halliburt Harris Shell Oil Asmeltr ValHecla M Signal Co Heublein SingerCo T&t Smith KF AMF Inc Hoernwal Hoff Electra Hobidyinn Soucale HollySug Yel South Co Anch Hock Homestice Vel Howmet idahoPw Squibb Kollsman Stevens Beckman BeechAr Swift Co Bell How Cee Bendix Tampa el Itek Corp Ma Tektronix Ais Teledyne Brit Pet Texas K—K — Textron KansAlum Budd Co Bucy Er Kange M Thiokol Ve Bulovan Kanplt Thrift Dr Katy Kerr McG Burrghs KimbCik Transmra Knght TriCent Cadence Ind Koppers TRW Inc Ve Cal Finant Kraftco Veli Kresge SS U—U Kroger Ualine Caro UMC Ind Carrier Cp Leipccem CastleCke CaterTr Unoncal Unit Air 1 I Cerro Cp Libbdmcnl Cert-teed CessnaAir Ling Tem Vt Dhes Ohio Lockheed Air Se Gypsm Ve ChiMil Spp Loews Corp US Indust Chipneut Lone Starin US PsyCh Chris Craft Se Lonesga U Smelt Chrysir Longish US Steel LVO Corp Upjohn Lykes Yngst Varian Assoc Va MackeCo Ve VendoCo Macy RH Vaeipw Magnvox wachCp Marath WarLam Marcor Weyerhs Whirlip Whittaker Mead Corp Melyv Lola Williams Co Memorex Woolw Merck JY. Mgm Xerox Co Zale Corp Zenith
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Labor fight with Nixon over wage controls escalates

AFL CIO leader Meany accuses the Nixon administration of pressuring labor members on the Pay Board to quit. The board begins drafting wage reporting forms while Nixon pledges to push Phase 2 despite labor opposition.

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AFL-CIO Eyes Pay Board Move and Cost of Living Panel Shift

Meany proposes abolishing the Pay Board and placing controls with the Cost of Living Council to gain a weapons hand in backing the Democratic nominee. AFL-CIO fears retroactive pay rulings and seeks relief from 5.5 percent wage hike limits as Nixon panel lifts several contract freezes with around 10 percent raises. Construction unions say decisions by the Industry Stabilization Committee are final and may escape Pay Board review, signaling a likely clash over higher wage hikes.

MENTIONED IN THIS ARTICLE

Afl-Cio Nixon Pay Board
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Southern Furniture Manufacturers Association elects new leaders

William E. Stevens Jr. of Lenoir was elected SFMA president at the Acapulco meeting, succeeding Richard M. Simmons Jr. of Martinsville who becomes SFMA board chair. William P. Kemp Jr. of Kemp Furniture was named vice president. Joseph T. Frye Jr. remains vice president and will become president next year.

MENTIONED IN THIS ARTICLE

William E. Stevens Jr Lenoir Southern Furniture Manufacturers Association Acapulco Mex Stevens Broyhill Industries Richard M. Simmons Jr American Martinsville Simmons SFMA William P. Kemp Jr Kemp Furniture Inds Goldsboro Kemp
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Hiatt Re-elected to Carolina Paint Distributors Board

Charlie Hiatt of Thomasville has been re-elected to the board of directors of Carolina Paint Distributors Inc. in Greenville South Carolina. This marks his third year serving on the board and he resides at Colonial Country Club.

MENTIONED IN THIS ARTICLE

Charlie Hiatt Thomasville Carolina Paint Distributors, Inc Greenville S.C Hiatt Colonial Country Club
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Juvenile Delinquents Study Cites Court Encounters

Britannica notes that over two percent of youths aged 10 to 17 are brought to juvenile courts yearly for police decency cases.

MENTIONED IN THIS ARTICLE

Encyclopaedia Britannica
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South Viets Launch New Campaign In Cambodia

South Vietnamese troops with U S air support launch an offensive in eastern Cambodia near Highway 7 about 90 miles northwest of Saigon. Initial air strikes reportedly kill 40 North Vietnamese near Chrum as the force advances toward rear areas of three divisions while seeking to blunt attacks on South Vietnam.

MENTIONED IN THIS ARTICLE

Saigon U.S Cambodia Chrum Highway 7 Phnom Penh Associated Press George Esper Tay Ninh Rener
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Thailand Prepares Hard Line Push After Coup

Thailand's military leaders move to consolidate power as Thanom Kittikachorn's council abolishes political parties and Parliament and pledges no change in foreign policy. Gen Praphas Charusathien looms as power broker while 32,000 U.S. troops remain in country amid ongoing Southeast Asian conflicts.

MENTIONED IN THIS ARTICLE

Thanom Kittikachorn Thailand Thanom Sarit Thanorat National Executive Council Praphas Charusathien Praphas Laos Cambodia Isaid
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Dallas Holds Kennedy Death Ceremony

In Dallas a ceremony marked the eighth anniversary of President Kennedy's assassination at the Kennedy Plaza memorial. Mayor Wes Wise led wreaths with a Roman Catholic bishop, a rabbi, and a Baptist minister, as three clergymen joined in brief remarks.

MENTIONED IN THIS ARTICLE

Dallas John F. Kennedy Kennedy Plaza Wes Wise Warren Commission Lee Harvey Oswald Kennedy Greater
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Thanksgiving weekend highway deaths and injuries forecast

The National Safety Council estimates 620 to 720 deaths may occur on highways over the long Thanksgiving weekend, a 102 hour span from 6 p.m. Wednesday to midnight Sunday, with 27 000 to 32 000 injuries. The council notes no its own totals, while AP counted 646 fatalities for 1970.

MENTIONED IN THIS ARTICLE

Chicago National Safety Council Associated Press
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Connally defends inflation fight and labor cooperation

Connally urged the public not to judge the anti inflation program by a few settlements and said 80 million workers must be represented. He criticized Meany and AFL CIO for hindering the Pay Board and urged cooperation to keep prices and wages in check.

MENTIONED IN THIS ARTICLE

Connally United States Meany Afl-Cio Senate Price Commission
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Also Mentioned on This Page

Stock Market Report Carole Martin New York Stock Exchange Dalluasu Univery Labor Aflcio Florida Washington White House Hubert H. Humphrey Minnesota Edmund S. Muskie Maine Humphrey Muskie Henry M. Jackson C .Ances Labor Federation AFL NEW York Exchange A.P. Stock Ind. Rails Util Dow-Jones Indus Te Eeneneendustrials Pere Eeeeneeemene Ia NEW York Stock Index Sfma Chiefs Ttem Snuol Bangkok Council High Point Enterprise High Point Enterprise, Inc Church Avenue High Point N.C WordGriffith Company National Advertising Representatives U.S. Pat Southwestern R. Ben Sutton P.O. Box Wright
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