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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 14, 1971
Page
2
The Dow fell to 907.05 as trading remained dull and investors stayed on the sidelines. Analysts cited no major news catalysts and lingering anxiety over the 90 day wage price freeze as the market drifted lower with mixed results across sectors.
The report shows broad market movement with industrials higher and rails lagging as the Dow Jones averages bounce around. Key figures include industrials near 64.62 and 40.11 for rails, while public utilities and transports tilt within narrow ranges.
Noon New York Stock Exchange index readings show mixed movement with utilities and finance sectors varying. The report highlights slight declines and gains across key industrial and financial groups amid midday trading activity.
Legislators weighed keeping the Consolidated University intact while enlarging the Board of Higher Education. Burney and Andrews proposed a two year study starting 1973. Others backed Scott's plan, the minority report, or a study commission with varying bills in both houses.
Brooks Robinson of the Baltimore Orioles represents sports at the annual Father of the Year Awards presented by the National Father’s Day Committee. He and his wife Connie have four children.
Inter-dealer prices as of about 11 am show varying bid and ask figures for multiple issuers. Fees, retail markups and commissions are not included in these NASD quotations.
David W. Angel of Longview Drive earned his real estate broker license after completing the required course at Guilford Technical Institute and receiving the license from the State Real Estate Board in Raleigh. He is affiliated with McLamb Real Estate on E Green Drive.
William C. LaPrade is promoted to trust administrative duties at Wachovia Bank and Trust Co in High Point succeeding E. Lee Burch Jr who died August 29. He will also continue to handle pension and profit sharing accounts and has a long tenure with the bank since 1947 with positions in trust since 1952 and assistant trust officer in 1967.
Tropical storm threats waned as Heidi dissolved into a wet low off Nantucket while Edith drifted ashore along Mexico. Ginger remained a distant danger to shipping 1500 miles east of Washington with 100 mph winds.
Corrections Commissioner Russell G. Oswald recalled agonizing choices as Attica spiked with violence. He insisted the all-out assault, approved by Gov. Rockefeller, was necessary to save hostages and end the uprising, despite 37 inmate deaths.
The North Carolina Middle belt opened with an average of 77.69 per hundred pounds, a record for 10 markets. Top price reached 89 per hundred pounds as quality improved and leaf grades rose to about a third of offerings. South Carolina Border belt also reported higher prices. Last week saw 35,363,439 pounds sold at 75.39 per hundred, with Eastern Belt sales reaching 77.61 on 78,114,447 pounds.
In a violent assault on the prison, more than 100 prisoners were wounded as police and troops retook control after four days. Authorities say inmates used shotguns and rifles with scopes aided by tear gas and helicopter bombardment. Officials claim some hostages were killed in the opening minutes while others were slain during the operation.
Moss, famed for road race wins, signs with Medic Alert Foundation in Turlock becoming the first professional athlete listed as an organ donor. His bracelet notes donation of vital organs to medical science. He is among over 4,000 potential donors with the organization.
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