Market resumes decline amid Veterans Day slow trading
The Dow Jones 30 fell 4.90 to 847.47 at noon while the AP 60-stock average dropped 1.4 to 311.6 as investors cited uncertainty over Phase 2 of Nixon policies, money supply, mutual fund redemptions, and overseas economic problems. Wrigley delayed as orders surged. several stocks moved on earnings and sector shifts.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Japan
New York Stock Exchange
Wrigley
American Stock Exchange
Leisure Technology
Presley Development
Russell Aluminum
Lennar
Development Corp
Amerioff
Generecreation
A.P. Stock Averages And Dividend Footnotes
A stock market notation explains that stock averages are given with unofficial sales figures and that dividend rates reflect annual disbursements based on the latest declared amounts. Footnotes define symbols for extra or liquidating dividends, stock dividends, and variances such as ex dividend or ex rights.
Picasso Celebrations Mark Birthday Across Oceans
Art lovers in Paris and the Riviera honored Pablo Picasso on his 9th birthday while the famed painter, living in seclusion on the French Riviera, likely toiling at work. The French Communist party staged a birthday rally at the Palais des Sports in Paris and Vallauris hosted a daylong fiesta praising the artist whose designs boosted the local pottery industry. The Louvre opened eight Picasso works in its Grand Gallery, a first for a living artist, with President Georges Pompidou inaugurating the exhibit as a formal tribute.
MENTIONED IN THIS ARTICLE
Paris
Atlantic
Pablo Picasso
French Riviera
Communist Party
Paris Palais Des Sports
Riviera
Vallauris
Louvre
Grand Gallery
Georges Pompidou
France
Picasso Exhibitions Across Major Cities Prompt Tribute Coverage
Galleries in New York London and other cities showcased Picasso works while Tate plans to release doves over the Thames. Newspapers run tributes with five to six pages of reproductions and reviews. Time features color miniatures titled Picasso The First 90 Years. Moscow honors Picasso with communist party links and editorials. West German media airs anniversary programs including a TV play about dreams and art.
MENTIONED IN THIS ARTICLE
New York
London
Picasso
Tate
Thames
Sunday Times
The
Observer
Time Magazine
Moscow
Communist Party
Pennington Firm Becomes Associate of Hill and Knowlton
Wayne Pennington and Associates, a local public relations firm, is named an associate of Hill and Knowlton Inc., a New York based firm. The H K Associates Group includes 20 firms and eight U S offices. The move expands Pennington’s reach to national and international clients.
MENTIONED IN THIS ARTICLE
Wayne Pennington & Associates
Hill and Knowlton, Inc
New York
H&k Associates
Hill and Knowlton
Europe
Japan
Coun
H&k Associates Group
Pennington
North Carolina
Gray named creative director at Lewis Studios Inc
Gilbert A. Gray, a High Pointer and former Jamestown resident, is named creative director of Lewis Studios Inc in Fairfield New Jersey. He helped launch Alder man Studios interior design division and galleries, designed display for Bassett's High Point complex, and served as design VP at Wellington Hall before joining V & J Sloane in New York City in spring 1971.
MENTIONED IN THIS ARTICLE
Gilbert A. Gray
Lewis Studios Inc
Fairfield
N.J
Gray
Jamestown
Alderman Studios
Bassett
High Point
Wellington Hall
Jack Thorn
V & J Sloane
New York City
Promotions at Furniture Illustrators Inc
Two promotions announced at Furniture Illustrators Inc. Tom Livengood of High Point becomes director of photography and studio services after studies at the University of North Carolina and Army cinematography training. Wilma Jean McCrary of Siler City advances to black and white laboratory manager and negative preparation supervisor after earning an associate degree in photography and winning a convention prize.
MENTIONED IN THIS ARTICLE
Furniture Illustrators, Inc
Tom Livengood
Fox Creek Court
High Point
Livengood
University of North Carolina
Army School of Cinematography
New Jersey
Wilma Jean McCrary
Siler City
Miss McCrary
Professional Photographers of North Carolina
Pilot Life earnings rise in first nine months 1971
Pilot Life Insurance Co reports total sales of 593.98 million for the first nine months of 1971, up 63.36 million from the prior year. Individual policies exceed 257 million in sales, and group insurance tops 336 million, with in force totaling over 5.65 billion.
MENTIONED IN THIS ARTICLE
Pilot Life Insurance Co
C. P. Miller
High Point
Pilot Life
Pilot
Lane Sales Up The Lane Co Inc Third Quarter
Lane Sales Up The Lane Co Inc of Altavista Virginia reports third quarter net sales of 19 612 104 up 11 2 percent from 17 625 661 a year earlier. Net earnings rise to 1 116 728 from 888 264 up 25 7 percent. Earnings per share after preferred dividends are 44 cents versus 36 cents last year. Net sales for the first nine months are not shown.
MENTIONED IN THIS ARTICLE
MGM
Microdot
MobilOil
Ieee
Monsant
Montow
MorNor
Motorola
Ark
MtFuel S
Arklgas
Mtstatt
Asamera Oi
Ce Atlas Cp
Nabisco
Barnes Eng
Va Barnwel Ind
NatAirin
Inerama
Nat Steel
Dillard
Felmont
Frontier Air
Norfolk
Instrum Sys
NwtBanc
Yeliti Corp
Norton
Jamesway
Nort Simon
Jupiter Cp Kaiser
Vel Kin Ark Corp
OnioEdis
Kingsford
Okla GE
Va Lafay Radio
Es Okla Ngs
Owen C
Milgo Elect
Owen Hil
Newidria Mn
NewParkMn
Pacgel
Nor Cdn Olls Ste
Puritan Fash
Penn Cent
Resortsint
Penn Dix Air
Scurry Rain
Penney JC
PaPwlLt
Statham Ins
Yntex
PennzUn
Pepsico
Technicolor
Pfizer
Tesoro Pet
Phila el
PhilMorr
Viewlex Vikoa Inc
Phill Peg
VLN Corp
Ta Pitney
Polaroid
Pugspl
Pullman
Ranco Inc
Raytheon
Roig Bate
Reich Ch
RepubSt
Reviow
Reynind
Va ReynMet
Rohr Cp
RoycCola
RoyDut
Ryder Sy
Gates Safeway
Stroem
Mia Sanders Asso StRegis P
SCM Corp mM
Scoa Ind
SBCL
Sear GD
SearsRo
Shell Oil
Signal Co
SirCo
Smith
Sony Cp
Scar
Y Soucale
StOilind
Stauf Ch
SteriOrug
Stevens
Swift Co
Systron Donn
Tektronix Tampa el
Ma Teledyne
Ie Telex Cp
TimesMir
Timken
Todd Ship
Transmra
TriCent
TRW Inc
Twent Centas
UAL Inc
UMC Ind
Ve ‘UN Carbide
UN Elec
Unoilcal
UN Pac Cp
US Steel
Univ Oil
UnivCptr
Es Upjohn
Ee Xerox Cp
Zale Corp
Associated Press
The
Lane Co., Inc
Altavista
Brezhnev Trips to Paris Amid Tight Security
Brezhnev arrives in Paris for talks aimed at a friendship treaty and easing tensions with the West. Paris boosts security with riot police and exile of anti-Soviet refugees. Moscow assigns ten bodyguards after an Ottawa assault on Kosygin sparked precautionary measures.
MENTIONED IN THIS ARTICLE
Brezhnev
Paris
Georges Pompidou
France
Indochina
Middle East
Corsica
Alexei N. Kosygin
Ottawa
UN Nationalist China Ouster Vote Seen Tight
Diplomats report a neck and neck race in the United Nations General Assembly as a two thirds majority battle looms over ousting Nationalist China. The Albanian bid to seat the Communists competes with a U S backed plan for dual representation and possible Security Council seating.
MENTIONED IN THIS ARTICLE
United Nations
N.Y
General Assembly
China
U.S
Assembly
Adam Malik
Indonesia
United States
Security Council
Muskie presses questions on Rehnquist nominee
Sen. Edmund Muskie urged questioning of William Rehnquist about mass arrests of antiwar demonstrators and his views on First Amendment rights. Muskie spoke on Face the Nation and would not say if he would oppose ratification, as Powell and Rehnquist await Senate hearings.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
William H. Rehnquist
Edmund S. Muskie
Maine
CBS Radio
Arrests Top 400 As Ayden Protests Continue
In Ayden North Carolina 19 people were charged with parading without a permit as part of two months of racial unrest in Pitt County Black demonstrators say the arrests are part of a continuing jail in led by SCLC official Golden Frinks. The protests followed a black farm worker death blamed on a Highway Patrolman whose shooting was ruled self defense by a coroner's jury.
MENTIONED IN THIS ARTICLE
Ayden
N.C
Pitt County
Golden Frinks
Southern Christian Leadership Conference
Company reports higher nine month earnings and revenue growth
Months totaled $56,233,085, up 6.3 percent from $52,907,082 in the prior year period. Net earnings reached $2,828,596, vs $2,469,365 in the first nine months of 1970, a 14.5 percent rise. Earnings per common share after preferred dividends were $1.12, up from 98 cents last year.
Johnson recounts Tet defeat and media impact in memoirs
In his memoirs published by the New York Times, former President Lyndon B. Johnson says the Tet offensive inflicted a military defeat on North Vietnam and the Viet Cong, but media coverage and internal U.S. decisions muted its impact. He criticizes coverage and a Times report on a 1968 troop request, and notes his New Hampshire primary victory over Eugene McCarthy and March 31 decision not to seek re election.
MENTIONED IN THIS ARTICLE
New York
Lyndon B. Johnson
Johnson
New York Times
New Hampshire
William Westmoreland
Vietnam
Times
Pentagon
Sen
Eugene McCarthy
Minnesota
Also Mentioned on This Page
Stock Market Report
NEW York Exchange
Arizona
Alcoab
AMF Inc
Ampex Corp
Apeco Co
Atlas Corp
Avco Corp
BoeingCo
Borden
Bucy Er
Buddy Co
Bulovaw
Buri Ind
Burrghs
E Cal Finani
Carr Cp
Cerro Cp
Chimil Spp
Chris” Craft
Christ
A.P
Vee
Associated
Ind. Rails Util
CmbEn
Com Solv
Comwe
Va Omsat
Ediste
Connatg
Corp
Control
Cone
Cooperin
Corgiw
Cowles
Cox
Deere Co
Delta Air
DowChm
Dressind
Duke Pw
duPont
E — East Air Lin 56 18% 18% 18%EasKodak 1 86 “Eo
Eaton
Ve Echlin Mf
Eg&g
Eipasong
EltraCp
Vassexint
Fansteel Inc
FreepMin
Moe Mum
GAF Corp
Gannett
Gen Dynam
GenElec
A&p
West West Fini
Greyhound
Hamestke
Honywil
T&t
Siva
Itek Corp
Jewel Co
JohnMan
JonhnJoh
JonLogn
Jostens
Jostens 70 26% 24 262 — 14de Mfg 1.40 24 54 532 53% — ‘KaisAlum
Kan GE
Kat Yind
KayserRo
Kennecott
Kerr McG
iKimbClk
Keppers
Kresgess
Kreger
LearSieg
Lenpcem
Levitz Furn
Libbmcnl
Liggt My
Ae Ling Tem Vt
Littonind
Lockheed Air
Gillette
Glen Alden
Global Marin
Goodrich
Lows Corp
Cate
Longsga
LongisLt
Lucky S¢r
Ilvo Corp
j\Lykes
Macy RH
Magnvox
Marath
Marcor
Martinm
McGrah
Maad Corp
Elv Sho
Mrck
WachCp
WarLam
WstAir
Wn Banc
WnUnion
Westg E
Weyerks
Whirl Co
White Motor Whittaker Williams Co WinnDx
Woolwth
Dow-Jones
Ind. Util Fon. L.vd
Indus
Novi Mon
Stocsk
NEW York Stock Index
Lane Sales Up
By Stephens Broening
Leonid I. Brezhnev
West
Nikita S. Khrushchev
Soviet Union
Khrushchev
U.N
William N. Oatis
Muskie
Dixie Supply & Sales Co., Inc
P.O
West Green Drive
LBJ
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
Okly
Ward-Griffith Company
National Advertising Representatives
Zenith
Nash Mewelry CO
N. Main Street
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