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High Point Enterprise in High Point, North Carolina

02 Sep 1971

Page 2

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Sep 02, 1971

Page

2

Market drifts sideways on New York exchange

The Dow Jones average rose 0.51 to 899.53 at noon with advances ahead of declines on the New York Stock Exchange. The AP 60-stock average held at 328.6 as airlines chemicals and utilities rose while oils electronics aircraft steel rubber fell.

MENTIONED IN THIS ARTICLE

NEW York Jones New York Stock Exchange Britain Associated Press Chimil Spp Merck MGM Crris Craft Monsant Montout VelamPetri MorNor AO Indust Collins Rad Motorola Ark Best Mtstatt Arklgas Asamera Oil Colu Gas Atlas Co CmbEn Nabisco Ve Barnes Eng Cinerama Cont! Corp Nat Steel Dixtlyn Corp Fed Felmont Oki Cowles Newmnt Vanu Uv Frontier Air N Sve Ase Cox Boest WiNing MP Gen Plywood Ind Giant Norfolk Gt Basin Pet CrowColl Norris Ind Manm Husky Oil Noamrk Instrum Sys NoStaPw Jamesway Dan River Jetronic Ind Dart Nwst Jupiter Cp Norton Kaiser In Nort Simon Kin Ark Corp WM Deere Co LoewsThe Okla GE Marshal Ind Diam Sham Okla Ngs McCrory Dillon Co Olin Corp Nor Cdn Dow C Owen Cng RY NY Owen Lil Nuclear Am Okc Corp Ps Ago “Sagatad Duke PacPetrl Phoenix Ipynam Am Pac T&t East Air Lin Panams EasKodak PanAm WaAir Resortsintl Eaton Panh EP Air Red ElPaso NG Penn Dixie Syntex Penney JC Technicolor Tesoro Pet Allied Ch Evans Pepsico lUnBrands Alcoa Prila el Vikoa Inc Phil Morr VLN Corp AmHess Westates Pitney B Wilshire Firesine Yates Ind Pirtgel Ford M Pueblo FormMcKs Ceilax GAC Cp Ralstonp T&t GAF Corp Ranco Inc Gam Sko Raytheon RCA GenElec GenFood Reich Apeco Rohr Cp We Atlas Corp Royccola Aveo Gettyo oyDut Gillette Grace A&p Bendix Cm Corpi Veta Scoa Ind Sears Boeing Co SearsRo BlisCas Gifstun Shell Oil Borden Halliburt SingerCo BritPet Harris Smith Hercules Scar Budd Co Heublein Soucale Bulovan South Co Ramo Soungas HoernWal Cal Finani Honywil Squibb Cartwal idahoPw We CastieCke Ideal Bas Sioninj CaterTr Cent Va ImertCp Am St Cessna Air Swift Co Tektronix Teledyne Lowe Beef Telex Co Lowapsy Tenneco Itek Cirp Texaco Texetrn Jewel Co JonnMan Jonnion Texasinst A JonLogn Textron Thiokol Jostens TimesMir Va KayserRo Kennecott TriCon Kerrmcg KimbCik Koppers UAL Inc Kraftco UMC Ind UN Elec Levitz Furn Indust Lockheed Air US Steel Loews Corp Univ LoneStar Univ Cptr Varian Assoc Me Lukens Sti WarLam Macy RH Wn Bane Marath WnUnion Marcor Ava Ae Westg el Weyerhs Martina Whirl Co Maydstr White Motor Va Whittaker Maytag Williams Co Mead Corp VeroxCp
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NASD Inter-dealer Quotes Show Small Market Shifts

Over-The-Counter bid and ask quotations from NASD reflect inter-dealer prices around 1 a.m. with daily market changes. Prices include retail markups or commissions. Listed firms show varied spreads such as Amer Furniture 15 15 and Pub. Serv. of NC 11 11, while several others report minor shifts or partial data.

MENTIONED IN THIS ARTICLE

AMIC Amer Caro Hardee's N.C.N.B. Corp NC. Nat. Gas Pub. Serv Ruddick Ruddick Com Wix Wellington Hall Oy Rm
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Lunar Coins Stir Apollo 14 Promos Questioned by Congress

Rep. Leonor Sullivan charges Franklin Mint with promotional claims that private minicoins were minted from lunar silver and carried to the moon. NASA says no moon landing occurred. coins circled the moon in the Apollo 14 command module. NASA forwarded the issue to the FTC for potential corrective advertising action. Sullivan notes an invitation to join a collectors society and questions space transport for medallions on a near half billion dollar mission. NASA says there was an arrangement between Apollo 14 crew and Franklin Mint.

MENTIONED IN THIS ARTICLE

Washington U.S Leonor K. Sullivan House Missouri Democrat NASA Franklin Mint Franklin Center Rep. Sullivan The Space Agency Federal Trade Commission Commission Sullivan Collectors Society
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Two Life Office Leaders Earn LOMA Fellowships

F. Gordon Lindley administrative vice president and J. Larry Peters vice president of the group division earned LOMA Fellowship diplomas after completing the Education Program. Each Fellow bears the FLMI designation. Life of Carolina is a member company of LOMA, which supports 488 life insurers in the U S Canada and 22 foreign countries. Lindley is a High Point native and former High Point College student. Peters is a Georgia State University graduate and joined Life of Carolina nearly three years ago.

MENTIONED IN THIS ARTICLE

Life of Carolina Life Office Management Association F. Gordon Lindley J. Larry Peters Loma Insurance FLMI Fellow Life Management Institute LOMA United States Canada Lindley Life of ‘Carolina High Point High Point College Peters Georgia State University
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Scott Affirms Teacher Raises If Wage Freeze Ends

Gov. Bob Scott pledged that North Carolina teachers and state employees will receive merit raises after the wage freeze ends if the increases are denied now. He linked the issue to a binding legislative agreement and called for one governing board for all 16 state institutions, amid a push to restructure higher education. The Assembly reconvenes Oct. 26 to consider the matter.

MENTIONED IN THIS ARTICLE

Asheville Bob Scott North Carolina General Assembly Scott
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Triad Rookie Police Plan Abandoned

Greensboro Police Chief confirms the Piedmont Triad three major departments have temporarily dropped a joint rookie training program funded at 53 556 dollars. The unit’s director says he will seek grant distribution options if classes do not resume as Winston-Salem and High Point prefer separate programs.

MENTIONED IN THIS ARTICLE

Greensboro Paul B. Calhoun Piedmont Triad Piedmont Triad Criminal Justice Planning Unit Mark Combs Raleigh W. P. Julian Division of Law and Order Calhoun Winston-Salem Justus Tuckereld High Point Laurie ‘Pritchett
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Latin American Surcharge Sparks Regional Concern

Washington officials fear Latin American backlash over Nixon's 10 percent import surcharge. A Buenos Aires meeting of finance ministers aims to form a common front, with Latin nations citing a long trade surplus and opposing unilateral U.S. tariff moves. Argentina alone posted a $269.7 million trade surplus last year.

MENTIONED IN THIS ARTICLE

Washington U.S Nixon Buenos Aires United States Latin America Congress State Department Special Commission For Latin American Coordination Alejandro A. Lanusse Argentina Lanusse
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Labor figures weigh outcome at North Carolina AFL-CIO gathering

Lt Gov H Pat Taylor told the North Carolina AFL-CIO convention that organized labor can influence the state's direction in coming years and help solve basic problems The remarks came as three likely gubernatorial hopefuls spoke including Hugh Morton and state Rep Jim Holshouser Also mentioned were calls to raise per capita income and to address the state's low wage scale with input from others including Atty Gen Robert Morgan

MENTIONED IN THIS ARTICLE

Asheville H. Pat Taylor Organized Labor North Carolina Afl-Cio Hugh Morton Wilmington Linville Jim Holshouser Boone Robert Morgan Taut
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Weekly Vietnam death toll tops nineteen in action

The USS Command reported 19 Americans killed in Vietnam last week, with 97 wounded and four from nonhostile causes. Allied forces tallied 1,234 enemy deaths. total US combat deaths for the period averaged 14 weekly. U.S. forces retreat continues as Qui Nhon base is handed to South Vietnam. Ho Chi Minh Day observed with no major enemy surge.

MENTIONED IN THIS ARTICLE

Saigon USS Vietnam U.S North Vietnam Ho Chi Minh
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IRA Head Cahill Detained in U S Immigration Halt

Joe Cahill leader of the Irish Republican Army provisional wing in Northern Ireland was detained at Kennedy Airport after his visa was canceled. He faces a hearing to appeal the entry denial while authorities cited a 1942 murder conviction as a disqualifying factor. Cahill remained in detention after a brief immigration session in Manhattan with officials restricting media access.

MENTIONED IN THIS ARTICLE

New York Joe Cahill Irish Republican Army Northern Ireland United States Kennedy Airport Lower Manhattan Cahill State Department U.S Francis Lyons Sol Marks Immigration Service Cahill Marks
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Also Mentioned on This Page

Stock Market Report NEW York Exchange A.P. Stock Associated Pressive Ind. Util. Fon. L Ey Ave Dow-Jones NEW York Stock Index Office of Emergency Preparedness Cost of Living Council Triad Taylor High Point Enterprise High Point Enterprise, Inc Church Avenue N.C Ward-Griffith Company National Advertising Representatives Immigration Agency IRA Peorenty Davis Bette Charlie Lambert Admiral Quality Coe English RD Mecall
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