Market Sentiment Falters Near 1971 Lows
The noon Dow Jones industrial average slipped 3.07 to 833.31 as the market trends toward a new yearly low. The broader AP 60-stock index fell 1.3 to 306.1 with industrials down 1.8 and rails down 1.3 amid ongoing inflation concerns and a government report showing weaker economic indicators. Major blocks traded included Fairchild Camera down 8.5 percent, General Motors and Mattel also lower, while TRW held steady.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Nixon
New York Stock Exchange
Fairchild Camera
General Motors
Mattel
TRW
Stock Averages and Bond Averages Compiled by Reoperated Press
Stock averages show mixed daily changes with utilities and rails near midweek levels. Bond averages report varied yields across categories including higher grade rails and public utilities, alongside industrial and transportation sectors.
MENTIONED IN THIS ARTICLE
Ind. Rails Util
Ratis. Ne. Util
New York Stock Exchange Index at Noon Mixed Losses
The noon market report shows the NYSE index down nine cents while several sectors move. Industrial and transportation sectors show small gains, utilities hold steady as broader declines emerge in the session.
Liquor Vote Planning Set In Charlotte
In Charlotte Mecklenburg County supporters of mixed drinks map new tactics for the November 5 vote. They aim to mobilize turnout and seek continuation of brown-bagging while awaiting a court ruling on sale locations and possible appeal to the state Supreme Court. Opponents planned a rally led by evangelist Freddie Gage in Charlotte.
MENTIONED IN THIS ARTICLE
Charlotte
Mecklenburg County
Raymond E. King Jr
Marcus T. Hickman
Superior Court
State Supreme Court
Charlotte’s Ovens Auditorium
Freddie Gage
Houston
Tex
Plane encounter with President prompted tense airport moment
Scott recounts landing 50 minutes before the presidential plane and waiting near the ramp with Dr. and Mrs. Graham and Mrs. Nixon to bid farewell. He says Secret Service agents pushed him aside twice as the President moved toward his aircraft after speaking with National Guardsmen.
MENTIONED IN THIS ARTICLE
Lotte
Scott
Over-The-Counter Bid-Asked Quotations Snapshot
Inter-dealer NASD quotes as of spareemnete lly 11 a.m. show representative prices with no retail markup or commission. Listed firms include Amer Furn, Carolina Caribbean, Hardee's, Integon, Life of Carolina, N C Nat Gas, Pub Serv of N C, Ruddick, Son Film Ext, and Wellington Hall with bid and ask figures varying modestly across items.
North Carolina Business Education Week Declared
Gov. Bob Scott designates the week of November 18 as Business Education Week with state educators publicizing programs through media. The Seventh Annual Business Education Conference, sponsored by the NC Business Education Association, will be held November 4-6 at the Four Seasons Holiday Inn in Greensboro.
MENTIONED IN THIS ARTICLE
Bob Scott
Holiday Inn
Greensboro
The
North Carolina Business Education Association
Soles Elected to American Life Convention Executive Committee
Soles, president of Jefferson Standard Life Insurance and Jefferson Pilot Corp., was elected to a three year term on the executive committee of the American Life Convention at its 1971 annual meeting in Chicago. The ALC represents 334 legal reserve life insurers in 42 states plus D C and three Canadian provinces with over 1000 senior officials as members.
MENTIONED IN THIS ARTICLE
W. Roger Soles
Jefferson Standard Life Insurance Co
Jefferson- Pilot Corp
American Life Convention
Soles
ALC
Chicago
Legal Reserve Life Insurance
District of Columbia
Canada
NCNB declares quarterly dividend of 21 cents per share
NCNB Corp. has declared a regular quarterly dividend of 21 cents a share payable Dec. 22 to shareholders on record as of Dec. 3. NCNB Corp. is a holding company with North Carolina National Bank as the major subsidiary.
MENTIONED IN THIS ARTICLE
Ncnb Corp
North Carolina National Bank
Stans Warns Retroactive Raises Hurt Business in Phase 2 Plan
Commerce Secretary Maurice H. Stans said retroactive wage increases after the wage price freeze would be highly damaging to business. He noted the Pay Board will decide on deferments and retroactive pay with Phase 2 guidelines likely set on a case by case basis.
MENTIONED IN THIS ARTICLE
Washington
Maurice H. Stans
Stans
Pay Board
Pay Board and Price Commission
Nixon
National Association of Manufacturers
Donald Rumsfeld
Cost of Living Council
Herbert Stein
Council of Economic Advisers
NAM
Fights At Myers Park High Injure Many In Charlotte
In Charlotte sixteen students and six police officers were hurt in clashes at Myers Park High School. Principal Laird Lewis disputed claims of discrimination as fights lasted about an hour before subsiding. Sixty eight windows were broken and seven youths arrested for weapons possession and fighting.
Catholic Minister Named in Northern Ireland Amid Violence
In Belfast the first Roman Catholic joins Northern Ireland's Cabinet as Dr Gerard Newe, 64, is named minister of state in a peace bid. Hours later a police officer and a British soldier are killed, with at least six guerrillas shot in gun battles. The death toll in two years reaches 139, including 31 British soldiers. A police car is ambushed on Lough Neagh’s shore, killing a sergeant and gravely wounding a constable. a mine attack near the border kills a corporal.
MENTIONED IN THIS ARTICLE
Belfast
Northern Ireland
Brian Faulkner
Gerard Newe
High Point Enterprise Subscription Terms
The notice outlines daily, weekly, and monthly home delivery rates for North Carolina, plus mail subscriptions and tax details. It notes AP rights, second class matter status in High Point, independent contractor carriers, and advises contacting Ward Griffith for national ads and local delivery inquiries.
MENTIONED IN THIS ARTICLE
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
Ward-Griffith Company
National Advertising Representatives
Prison release awaits man tied to 1959 wife murder
Dr. Bernard Finch a central figure in a love triangle from a dozen years ago is due for release from a California prison in two days officials said on Wednesday. Finch was convicted in 1959 of first degree murder in the death of his wife Barbara.
MENTIONED IN THIS ARTICLE
Bernard Finch
California
Finch
Barbara
Guard Ends As Escape From Draft
Washington AP reports the Pentagon will give draft eligible 19 year olds the lowest National Guard and Reserve enlistment priority. Qualified men 20 and older plus women and 17 and 18 year olds will be enlisted without regard to waiting lists. Marrs notes a wartime backlog exceeded 100,000, with most on waiting lists being young whites.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
Theodore C. Marrs
Defense
Marrs
Cost Of Living Council Sets Price Information
The Cost of Living Council says merchants may post ceiling price lists or provide price information within 48 hours. If they do not keep lists they must display signs directing customers to availability of price data. The move follows Treasury Secretary Connally’s remarks to a congressional committee.
MENTIONED IN THIS ARTICLE
Washington
Cided
Treasury
John B. Connally
Pollution Lab Dedication Set in Ann Arbor
A $10 million auto pollution control laboratory will be dedicated in Ann Arbor. EPA Administrator William D. Ruckelshaus says the facility will test vehicles to certify compliance with federal emission standards.
MENTIONED IN THIS ARTICLE
Ann Arbor, Mich
Ann Arbor
William D. Ruckelshaus
Environmental Protection Agency
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Stock Market Report
American Exchange
Jack Lefler
ClevEst
CocaCol
Coly Pal
Collins Rad
Ae Cbs
Colu Gas
CmbEn
Va Conti Corp
Contro
Cowles Com
Cox
Va CrouseHing
CrowCell
Crown Cork
CrowZell
Dan River
Dart Ind
Deere Co
Delta Air
Disney
Diversind
Dr Pepper
Dressind
Duke Pw
Eipasong
lEltraCp
Evansp
Astade Oes
Fansteel Inc
Firestone
Fruenf
Vaena Ee Gac Cp
GAF Corp
Gam Sko
Gannett
NEW York (Ap
GenElec
Gen Tire Ib Geneseo
Admiral
GaPacif
AetnaLfe
Gerber
Gettyo
Arizona
Goodrich
Goodyr
Grace
Allied Ch
AlliedStr
Censort A&p
Greyhound
Gulf Oil
Ameipw
Halliburt
Va Haris
Ammucix
Am Motors
Hercules
At&t
T&t
Honywil
AMF Inc
AMP Inc
Ampex Corp
Ve Howmet
Anch Hock Ye Idaho Pw
Ancorp
Ideal Bas
ApecoCp
Atlas Corp
Avco Corp
Babckw
Beckman
Beecher
itek Corp —_ J
Bell How
Bendix
Jewel Co
BenefiCp
JonnMan
John Joh
Beth Sd
JonLogn
Jostens
Boeing Co
BoisCas
BorgWar
Katy Ind
KayserRo
Kennecott
Budd Co
Ive
Vive Kerr McG
Va BulovaWw
Krattco
Kresgess
Kroger
Cao Pltl
LearSieg
Lehpcem
Carrier Cp
CartWal
Lehmn
CastieCke
Levitz Furn
CaterTr
Ling Tem
Cerro Cp
Cessna Air
Lockheed Air
Loews Corp
Ches
Lukens
LVO Corp
CitiesSve
Lykes Yngst
Macke Co
Macy
Marath
Va Marcor
Mar
Martin M
McDond
McGrah
Mead Corp
Mely Sho
Memorex Cp
Merck
MGM
Mohas
Monsant
Yelpordet
Montout
MorNor
Ark Best
Arklgas
Motorola
Asamera Oil
Atlas Cp Wt Ma
Mtstatt
Barnes Eng
Ao Ber Wa
Natcashr
Cinerama
Nat Steel
Dillard
Eeeee Dixilyn Corp
Felmont
Frontier Air
Newmat
Va Gen Plywood Va
NL Ind
Gt Basin Pet
Norfolk
Norris Ind
Jamesway
Va \NoStaPw
Jetronic Ind
Northrop
Jupiter Cp
Kaiser
Va Kin Ark Corp 2A
Norton
Va Kingsford
Nort Simon Lafay Radio
Occid Pet
OhioEdis
Okla GE
Okla Ngs
McCrory
Olin Corp
Omarkin
Otis Elev
Milgo Elect
NewParkin
Owen Cng
Nor Cdn Oils
Nuclear Am
Owen Iw
P—Q — Okc Corp
Pacge
Va Ormand
Ozark Airline
PacPetrl Pac
Penn Cent
Penn Dix
Eo Statham Ins
Penney JC
Va Syntex
Pennzon
Technicolor
PepsiCo
Telepromer
Pfizer
Phelps
Phila el
We US Fit
Yates Ind
PPG
PSVEG
Vikoa Inc
Pcbikind
Po Ralston P
Banco Inc
Raytheon
Pilus
P— RohrCp
Royccola
RoyCut
Ryder Sy
Stroemm
ScherPig
SCMC
Scoand
Com- Scott Pap
Sear GD
SearsRo
Sreil Ol
Sherw Wm
Signal Co
Smith
Scar
Southn Pac
SouthrnRy
Sperrr
StBrands
Bae
SteriOrug
Stevens
Texaco
TimesMir
Timken
TRW Inc
VAL Inc
UMC Ind
Uniroyal
Unit Air
UnBrands Ma
US Indust
US PsyCh
US Steel
Va Univ
UnivCptr
Upjohn
Varian Assoc
Vel
VendoCo
VaEiPw
Epga
Whirl Co
White Motor
Whittaker
Williams Co
Wv WinnDx
Woolwth
Xerox Cp
Zale Corp
Zenith
NEW York Exchange
A.P. Stock
Dow-Jones
Business Week
Sterling F. Green
Redwood
Hedgecock Builder Supply Co
Eevee
Ward ST
Asheboro
Lexington
Walnut Cove
Eee
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