Blue chip stocks firm as Dow nudges higher at noon
The Dow Jones average rose 0.15 to 901.80 while declines outnumbered advances and trading paused for market uncertainty over the price wage freeze. Oils airlines chemicals metals and steels fell, motors and mail order retail rose, aircrafts rails mixed.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Associated Press
Chase Manhattan Mortgage & Realty Trust
Eli Lilly
Imperial of America
New York Exchange Report Halts Trading Amid Volatility
The New York Exchange experiences a sharp halt as market volatility spikes. Traders monitor automated systems and await guidance from exchange officials with expectations of resumed activity later in the day.
New York Stock Indexes at Noon Mixed, Trade Sluggish
Market activity in New York at midday shows mixed stock indexes with little overall direction. Utilities and transportation sectors appear uneven as investors weigh recent earnings and economic data.
Attica guards union disputes hostage deaths account
Oswald, a spokesman for the guards union, defended the original claim that hostages were slain by throat slashes while others said all eight hostages died of gunshot wounds. He released a list of weapons found in the prison and questioned how hostages could have been killed by gunfire.
MENTIONED IN THIS ARTICLE
Union
Attica
Oswald
John F. Edland
Monroe County
Edland
A to Z Rental Center Rebrands as The Rental Mart Inc
The business at 2001 N Main St changes from A to Z Rental Center to The Rental Mart Inc under Dick Culler Enterprises. Walt Petruska will operate the store with the same services. A two month contest winner was Mrs Paul Lester of 1110 Tabor St wife of a High Point Police Dept patrolman.
MENTIONED IN THIS ARTICLE
N. Main St
The
Rental Mart, Inc
Dick Culler
Dick Culler Enterprises
Walt Petruska
Culler
Paul Lester
Tabor St
High Point Police Dept
Accountants to Attend North Carolina Conference in Burlington
Members of the North Carolina Society of Accountants and their employees will join a professional development conference in Burlington from October 3 to 5. Sponsored by East Carolina University Division of Continuing Education and ECU School of Business, topics include the Tax Reform Act of 1969 data processing professionalism auditing of estates and gift taxes. Sessions occur at the Burlington Ramada Inn with registration from ECU Division of Continuing Education in Greenville.
MENTIONED IN THIS ARTICLE
North Carolina Society of Accountants
Burlington
East Carolina University Division of Continuing Education
ECU School of Business
N. C. Society of Accountants
Burlington Ramada Inn
ECU
Ane Ree Education
P.O. Box Greenville
Hickory Posts Higher Sales and Earnings for Year Ended July 31
Hickory shows fiscal 1970 to 1971 growth with sales rising from 11.7 million to 13.3 million and net earnings increasing from 561 782 to 675 006. Earnings per share advance to 63 cents from 53 cents. The company runs five plants including three wholly owned subsidiaries and two joint ventures managed by Hickory.
MENTIONED IN THIS ARTICLE
Hickory
Hickory S Iocerdar
J. H. Johnson
Hickory Manufacturing, Chaircraft, Inc
KayLyn, Inc
Sedgefield
Pendleton
KayLyn
Directional Industries
Blue Bell Stock Split Approved by Greensboro Stockholders
Blue Bell Inc stockholders approved an amendment to the charter increasing authorized common stock from 5 million to 15 million shares to authorize a two for one stock split. The split was completed by directors in July and takes effect yesterday with new certificates mailed Oct 1. Chairman E A Morris said dividends would not rise during the wage price freeze despite earlier plans for Dec 1.
MENTIONED IN THIS ARTICLE
Greensboro
Blue Bell Inc
E. A. Morris
Senators Urge Nixon to Keep Old School Lunch Rules
Forty four senators urge President Nixon to withdraw new school lunch regulations saying they would cost states millions and force many schools to cut participation. They name Missouri California Massachusetts Ohio Georgia West Virginia Florida and note potential loss of federal dollars used to fund lunches.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Gale McGee
D-Wyo
Senate Agriculture Appropriations Subcommittee
Robert Byrd
West Virginia
Agriculture de
Missouri
California
Massachusetts
Ohio
Georgia
Florida
Congress
Philip Hart
Dmich
George McGovern
Marlow Cook
R-Ky
Senate
McGovern
Agriculture
Clifford Hardin
Sokesman
Committee On Nutrition and Human Needs
Department
Edith Swerves Toward Louisiana
Tropical Storm Edith veers north toward the Gulf Coast threatening Louisiana and Texas floods. Edith's center rode 50 miles southeast of Brownsville with 60 mph winds and potential hurricane strength by nightfall as the National Hurricane Center shifted landfall toward central Louisiana.
MENTIONED IN THIS ARTICLE
Corpus Christi
Tex
Edith
U.S
Gulf of Mexico
Louisiana
Texas
Brownsville
National Hurricane Center
Miami
Matagorda Bay
Pennsylvania
Heidi
North Atlantic
National Weather Service
Mitton J. Schapp
Delaware
Montgomery
Bucks
Chester
Philadelphia
North Atlantic Seaboard
New York
Connecticut
New York City
John V. Lindsay
Nelson A. Rockefeller
Staten Island
Granada
Caribbean Sea
Venezuela
Bonaire
Curacao
Aruba
Chadborn Reports Yearly Loss Amid Cutbacks
Chadborn Inc a hosiery apparel and yarn maker reported a near 17 million dollar loss for the year ended July 31 due to large cutbacks in its hosiery division with inventories reduced production capacity trimmed and workforce shrinkage. In fiscal 1970 Chadborn earned 1.3 million dollars or 32 cents a share on 131.5 million dollars in sales. Fiscal 1971 sales were not announced.
MENTIONED IN THIS ARTICLE
Charlotte
Chadborn, Inc
Chadborn
Two Tar Heels Vote Against Repealing Act
In Washington AP report two North Carolina representatives opposed repealing the 1950 Emergency Detention Act. Democrats Fountain and Jonas voted against repeal while Galifianakis Henderson Jones Lennon Preyer Taylor and Broyhill Mizell Ruth supported repeal.
MENTIONED IN THIS ARTICLE
Washington
North Carolina
L. H. Fountain
Charles Jonas
Nick Galifianakis
David Henderson
Walter Jones
Alton Lennon
Richardson Preyer
Roy Taylor
James Broyhill
Mh Mizell
Earl Ruth
Job pitch for Merrill Lynch in Greensboro offer
A recruitment message urges sending a resume to Jack Feild, Manager at Merrill Lynch in Greensboro North Carolina. It frames stock market success as urgent and promises confidential consideration.
MENTIONED IN THIS ARTICLE
Jack Feild
Merrill Lynch
North Elm Street
Greensboro
N.C
Also Mentioned on This Page
Duminess and Financial News
Stock Market Report
David Burke
NEW York Exchange
NEW Y Exchange
Alcoa
el Ambac
Crane
AWF Inc
War Inc
Ampex Corp
Mock
M's
Lola Vola
Apeco Co
Arch Dan
Armco Stree
Atlas Corp
Avco Corp
Avnet
Reckman
BeechAlr
As Rendix
Boeing Co
Talah
Mia Vms
Rudd
Anies Cadence Ind
Cal Finan Ld
CartWal
CastieCke
Catertr
CossneAir
Chris Craft
Chrysir
Clark
Collins
MGM MM
Mont Pw
MorNor
Motorola
Air Lin
Contl Corp
Bara Se Mistatt
Nabisco
NatAllin
Cox
ICRC
iCrowColi
Eienget
Dart Ind
Waws
Tom Va Wu
Wean
Lee
Norfolk
Delta Air
NoStaPw
Norton
Nort Simon
Dowden
Cressind
Wa East Ale Lin
Otis Elev
EasKodak Ta
Ein Na Fd
Om Ni Eaton
Owen Cag Lfon
Echiin Mf
Owen Ts
Eg&g
Oe and Nun ElPaso NG
Pacgel
T&t
Penn Dixie
Penney JC
PhitMorr
Cp Food Fair
Ford M
Pitneys
GAF Corp
Mo Pullman
Questor
GenEiec
Ralstonp
Ranco Inc
Aytheon
RCA
Reading Co
Geneseo
Reich
Gerver
Reyn Ind
Glen Alden
Global Marinova
Rohr Co
Seer Ok
Grace
Stan
Ryder
Gt West
M Corp
Scott Paper
Mallibert
Harris
Sear
GOD
SearsRo
Hercules
SingerCo
Smith
Sony Corp
Hongwil Ee
South Co
Imori Co Am
StudWer
Swift Co la
Itek Corp
Jewel Co
e+ Tektronix
JonnMan
Teledyne
Johnson A
Sie Tenneco
Texaco
Jostens
Joy Mig
Kaiser Alum
Kerrmcg
Timken
KimpCix
Todd Ship
Enghin
Fara
Transmra
Krattco
Kresgesss
Trww Inc la
Kroger
Yas Val Inc
LearSieg
UMC Ind
Unit Air
Lockheed Air
Loews Corp
US Indust Co
LukensStr Ab
LVO Corp
Ois Hill
Macy RH
WaciCo
Marath
Marcer
WatnAl
Ie Vy
WaUnion
Mayosir
Westg Ei
hAaytag
SB Weyerhs
Medond
Snl
Fhead Corp
Whittaker
Williams Co
Memorex Co
Xerox Co
Zale Corp
Zenith
American Stock Exchange
Aerojet Oa
Ark Best
Arklgas
Asamera
Atlas Cp
Barnes Eng
Barnwes Ind
Brascanlt
Buttes Gs
ConJavin
Mam Frontier Air Ss
Gt Basin Pet
M— Husky
Instrum Sys
Corp Jamesway i
Jetronic Ind
Kaiser
Kin Ark Corp Va
Kingsford
Proenix
Resortsvnti A
Statham
Syntex
Technicator
Telepromtr
Tesoro Pet
Pilus
A.P
Prey Bay
Dow-Jones
Ladwet
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
Okly
Ward Griffith Company
National Advertising Representatives
Duce
Agriculture Department
USDA
Tar Heels
Mebrrill Lynch, Pierce, Fenner & Smithing
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