Stock market slides as auto strike threat weighs
The Dow Jones average falls 6.03 to 752.12 at noon as Wall Street shelves gains amid talk of a potential UAW strike on Sept 15. Motors lead declines with Ford and GM lower, while rubbers, aircrafts, and oils slump. overall volume slows in pre Labor Day trading.
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New York
New York Stock Exchange
Motors
Ford
General Motors
Chrysler
United Auto Workers
Associated Press
Pittston
McGovern and Nixon clash over war policy and Congress
McGovern criticizes Nixon for wartime policy while urging a political test this fall. He notes the need for a different Congress next year to push a new approach and cites past false assurances about Cambodia. He recalls 39 senators voting to cut off funds amid war concerns.
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Congress
McGovern
Senate
Cambodia
Attwood Named Publisher of Newsday
William Attwood, editor in chief of Cowles Communications, named president and publisher of Newsday in Garden City New York. He will replace Bill Moyers who resigned earlier this year as Otis Chandler Times Mirror announced after Times Mirror acquired 51 percent of Newsday, Inc.
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Los Angeles
William Attwood
Cowles Communications, Inc
Newsday
Garden City
N.Y
Attwood
Bill Moyers
White House
Lyndon B. Johnson
Otis Chandler
Times Mirror Co
Los Angeles Times
Times Mirror
Newsday,Inc
Phillips Davis hires Larry N. Lewis as various officers
Larry N. Lewis is named office manager, comptroller, assistant secretary and assistant treasurer of Phillips Davis, Inc. The High Point firm is a global upholstery materials marketer. Lewis previously worked with Western Electric Co., Burroughs Corp., and the Hampton, Virginia school system.
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Phillips Davis, Inc
High Point
Larry N. Lewis
Lewis
Western Electric Co
Burroughs Corp
Hampton, Va
School System
Pilot Life rep completes Greensboro management course
S F Hinkle Jr. of High Point, a Pilot Life Insurance Company representative for the combination division, finished a special one week course in management underwriting at Pilot’s Greensboro home office. He was among 20 Pilot representatives from a three state area chosen for the program.
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S. F. Hinkle Jr
High Point
Pilot Life Insurance Company
Combination Division
Pilot
Greensboro
Dividend Declared as Bank Marks 65th Anniversary
High Point Bank & Trust Co. issued a 50 percent stock dividend to shareholders on its 65th founding anniversary. President Fred Alexander stated the dividend was authorized and declared by the board of directors.
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Statham
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Associated Press
High Point Bank & Trust Co
Fred Alexander
Merger of Ervin Company Into Cyanamid Announces Completion
Wayne New Jersey Tuesday announcement by Cyanamid president Clifford D Siverd and Ervin founder Charles C Ervin confirms the merger of the Ervin Company into a Cyanamid subsidiary. Terms include an initial exchange of 487 805 Cyanamid common shares plus potential future payments up to the same number contingent on Ervin earnings.
California Is Now Nation’s Most Populous State
The U.S. Census Bureau reports California has surpassed New York as the most populous state based on 1970 census preliminary figures. Texas rises to the fourth, with rankings listed for the remainder of the states, showing shifts from the 1960 final counts to 1970 preliminary estimates.
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U.S. Census Bureau
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Rhode Is
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D.C
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New Hampshire
Montana
Idaho
White parents protest busing plan at Winston-Salem City Hall
About 25 white parents and some children marched on Winston-Salem City Hall Tuesday night to protest cross busing for desegregation. Other North Carolina districts opened under new plans with no unusual problems reported.
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City Hall
Winston - Salem
Winston-Salem - Forsyth County
North Carolina
High Point
Wilmington-New Hanover County
Wilson City
Charles D. Bryant
Winston-Salem
M. C. Benton
Supreme Court
Robeson County
Raleigh
John A. Finger
Rhode Island
Charlotte-Mecklenburg
Wilmington
New Hanover
U. S
Census shows California large numeric gain and Arizona big percentage rise
The 1970 census preliminary data list gains and losses by state. California has the largest numeric increase, while Arizona records the highest percentage rise, with other states showing smaller changes in population from 1960 to 1970.
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Washington
California
Arizona
U.S. Census Bureau
United States
Alabama
Alaska
Arkansas
Colorado
Connecticut
Delaware
Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Wage Hikes Spread Across Southern Textile Mills
Greensboro AP reports a pattern of wage increases across the Southern textile industry. Mills both union and nonunion expect raises soon, typically around six percent in recent years. Cone Mills Corp will raise pay for hourly workers in nonunion North and South Carolina plants next month and will discuss raises for seven unionized plants. Burlington Industries has announced increases in some divisions. Firestone Textile Collins & Aikman and Universal Textured Yarns had previously announced rises.
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Greensboro
Cone Mills Corp
North Carolina
South Carolina
Cone
Carolinas
Burlington Industries
EOC Names Harmond as Operations Director
Charles Davis announces Donald Harmond age 26 appointed director of operations for the Guilford County Economic Opportunity Council. Harmond will coordinate and supervise all programs and previously worked for the Black Research Development Foundation in Boston after a 1966 degree from North Carolina A and T University.
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Donald Harmond
Guilford County Economic Opportunity Council
Charles Davis
Davis
Harmond
North Carolina A & T University
Black Research Development Foundation, Inc
Boston
Mass
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