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Rocky Mount Telegram from Rocky Mount, North Carolina • 5

Location:
Rocky Mount, North Carolina
Issue Date:
Page:
5
Extracted Article Text (OCR)

i i I---- "71 i UP IIl.IJ.II1H' 4 L0- Reeky Mount, N. C. Telegram Monday, July 17, 1P72-3A i Market Neys Business And Stock List I 1. irr--r-fi'rii nil i iiwiiii i in. i.ii.iwjiiimiiin mw mi BUSINESS OUTLOOK mmmmmmmmmm Penny JC 75 75ft Pepsi Cola '87 88V4 Phillips Petr 28 26 Radio Corp 32 32 Rep Stl 20ft 21 Reynolds Ind 73 73 Seabd Coast 57ft 56 Sears Roebuck 106 105 Sou Ralwy 44 44 Sperry Corp 41ft 40 Std Oil Calif .62 61 I Std Oil NJ 75 74 Stevens JP 28ft Texaco Inc 31 31 Tex 17ft 17y4 Textron Inc 32ft 32 Un Carbide 46 46 Uniroyal 16 16ft US Stl 1 29ft 29 Va El Pwr.

17ft 17 Wachovia 43 44 Westing El 50ft 49 Weyerhsr "to 45 Winn Dixie 47 49 Woolworth 34 34ft N. Zone Triangle Area and Northeast I Piedmont, Northern Coastal Plain, Triad Area and Northern Southern Piedmont; Partly cloudy, warm -and humid with chance of afternoon and evening thundershowers today and Tuesday. Highs near 90. Lows tonight around .70. Wind southwest 5 to 15 m.p.h.

Probability of rain 30 per -cent today and Tuesday, 20 per cent tonight. Northern 'Coastal' Areai Part ly cloudy, warm and humid to day and Tuesday with chance of afternoon and evening thun dershowersJIlghs mid and up per 80s. Lows tonight mid and upper 70s. Wind southwest 5 to 15 m.p.h. Probability ot rain 30 per cent today and Tuesday, 20 per cent tonight.

Southern Coastal Area, South' era Coastal Plain and Sand hills: Partly cloudy "warm and humid today and Tuesday- With chance of afternoon and eve ning thundershowers. Highs in the low 90s. Lows tonight mid 70s. Wind southwest to 15 per cent today and Tuesday, 20 per cent tonight. Eastern Slopes and Foothills, Northwest Central Mountains and Southwest Mountains: Partly cloudy warm and humid today and Tuesdayth-cbnot-afliefo Ars hi miH and unoer, 80s.

THE 1 QU. "Product of a money grub. mng That'i how a Soviet editor characterized Bobby Fischer for his failure to appear on time for his chess match with Boris Spassky. Inference Communism is beautiful, capitalism is degrading it destroys human beings. But does it? True, Bobby Fischer is a product of American society, as are Richard M.

Nixon, Joe Frazier, Muhammed Alir-James A. Michener, Gloria Steinem, Martha Mitchell, George McGovern, James Baldwin, Jacqueline Kennedy Onassis, and i Complaint. But Bobby, like Portnoy, is not ail American prototype. He's an1 adolescent eccentric at 29. Perhaps that's why he's usually referred to as Bobby, i In the United States, he has been accepted because of his chess genius.

But in Moscow, pnAnrn Shaharl of the New -Yfok Tiuicy was -tuld-that Russian public opinion would Conference SAr CLEMENTE, (AP) Secretary of Com merce Peter G. Peterson, bound for trade negotiations in Moscow, was called to the Western White House today to comer with President Nixon. Invited to sit in on the session were Henry A. Kissinger, the President's assistant fur nation- al securityaf M. Flanagan, assistant for international economic policy.

Peterson is chairman of the American delegation on the gg.aHPi;rfpn, -ft, mmhOhT. nr-mis group, wwen be- feMMaK m. The Business- Mrror NYSE Chairman Feels Ex-Priest Offers" No Apologies For Wife's Pregnancy COLUMBIA, S.C. (AP)-For- mer Roman Catholic priest W. Pringle-Lee says those who would make an issue of his wife's pregnancy "are the same ones who made an issue of my going into the ministry or of the marriage." Lee was married six weeks ago to the Rev.

Shirley Carter Lee, the second woman ever, or dained a minister by the Southern Baptist Convention. Thev are expecting a child in No vember. "We don't apoligize for it: It's something we did as two consenting adults," Lee said, add ing that only a close relative had been told of the pregnancy when they were married. She is a chaplain at two Co lumbia area prisons. He is counsellor at a technical educa tion center, a career he embar ked upon after leaving the Ro man-Catholic priesthood in a dispute over the church's birth control doctrine.

They say theirs is a marriage very similar to that of any modern young people, with one exception. On Sundays they attend services at both Catholic and Baptist churches. Student Dies CHAPEL HILL, (AP) A University- of North Carolina he fell 25 feet from the sun roof of his fraternity house a' parking lot. Chapel Hill police identified the student as John Francis Hunnermann. a rising Jun ior who was- visiting the Kappa Alpha house for, the weekend.

Police said the Vouth. apparently was sitting on a railing around the roof talking to friends' when the railing gave way. MONDAY EVENING i-M (5) Perry Mason (4, 25) Mr. Rogers (7. 11) Big Valley (9) Hogans Heroes 1:30 (9) Green Acres (4, 25) Electric Company 5:55 (9) Pan! Harvey (5,7,9,11) Newt (9,11) CBS News (5) ABC News TTfNBCHews 6:50 (5) Viewpoint 7:00 (7) Jeannie (9) Truth or Consequences (1)) Wild Wild West (4, 25) Evening Edition (5) Star Trek 7:30 (4, 25) N.

News Conference (9) Arnie let's Make a Deal 8:00 (4, 25) Space Between Words (9, 11) Gunsmoke (5) Search of Lost World (7) Baseball 9:00 (9, 11) Lncy (5) Movie 9:30 (4, 25) Book Beat (9, 11) Doris Day 10:00 (9, 11) Suspense Playhouse 11:00 News, Weather (I) News 11:30 (9. 11) Movie (7) Johnny Carson (5) Dick Cavett TUESriAY DAYTIME (5) Daybreak (7) Agriculture (II) Summer Semester :30 (7) Get Smart (9) Carolina Today (U)USDA 6:55 (5) Viewpoint 7:00 (5) Charlie- (11) News -TTTToday-Shaif 7:30 (5) Doubledeckers (5) Uncle Paul :30 (5) Bette EUiot (9) 1:15 (9) Lucille Rivera (11) Cant Kangaroo 8:25 (9) Meditations 9:00 47) Run For Your Life (9) Captain Kangaroo (11) Hazel :30 (5) Mike Douglas (11) What Every Womaa Daily TV Schedule New York by Tht Associated Press Prev. Mid Close' -30 lift 9ft 41ft 45ft 50ft 29 22 26ft 33 27. 25 day IVk nvi wt 42ft 45 50tt 30 22V 26ft 33ft 27ft 25ft 44ft 46ft 29ft Akiona Allis-Chal. Am Motors Am Tel Tel Am Brand -Atl Rich Beth Stl Boeing Air Borden Co Burl Ind CampbelLS.

-Caro Celanese Corn 44 Ches Ohio Chrysler Cooa Cola Dan Riv Mills. Dow Chem Duke Power 46 29 135ft 136 8ft 8 88ft 88 21 21 DuPont East Airl Eastman Kodak Firestone Rub Ford Motor Gen Elec Gen Foods Gen Mtr Gen Id 4 El 164 16S 25 25ft 131 132ft 22ft 22 62 '62ft 64 64 25 26 73ft73 Ga Pacific 39 39 36ft 36ft 24 24ft 27ft 27 24 24ft 393 395ft 34 Gerb Prod Goodrich. BF Goodyear Gulf. Oil Corp IBM int Paper Int Tel Tel Kayser-Roth Liggett Myers Loch Air 52 51ft "17 60 58ft 10ft 10ft 52 52ft 50 50 fLoews Th Monsanto Nabisco 56ft56ia 49-c-19- Norf West 71 Wall Street NEW YORK (AP) Stock market priegs opened mixed today with the Dow Jones average of 30 industrial stocks off almost a point. Advances held a small lead over declines on the New York Slock Exchange.

But Board active issues in cluded Curtiss Wright, up 1 at First National Cityup at 6lft; Occidental Petroleum, up ft at 12; and UAL, up ft at 37'. On Friday the Dow Jones av erage of 30 mdusfftal stocks rose 5.27 to 922.26 but still end ed the week some 16 points low er. Volume on the New York Stock Exchange, which was light throughout the week, was only 13.91 million shares Friday. XAFETERIA isirjfiswa win 4.30. 15 Strvina Dailv 8.00 AIR CONDITIONING AIR CONDITIt wtaoBja.

1 150 YEARS oOF ACCUMULATED EXPERI-iENCE IN SELLING AND SERVICING ALL MAKES OF COMMERCIAL AND DO MESTIC HEATING, AIR CON- DITIONING AND REFRIGER- ATION EQUiPALNT. DAVIS nEFRIGIiUTION 1034 S. CHURCH STREET PHONE 446-8454 Ycur Aulhcrixed i 9 AJiJUU a Ait rminiTiAMiMr KEATING I fi SPECIALIST 8 AIR CONDITIONING AIR CONDI 'fi Isi XirS-Vm HELD SERVING STYLE EVERY never stand" for his behavior, That's the difference: between diversity and authoritarianism. Between' capitalism with its multiplicity of employers and Communism with a single employer the ruling few from whom all dachas flow In the Soviet Union, if you aspire to a comfortable home with private kitchen and bath and emoluments such as an it's well to be a member of the Communist Hut tVia Pa.rtv le tint nnpn in all. Men (11.300,000) are preferred over women (3- 300,000) i city dwellers over farmers; white collar workers over blue collar workers.

Only about 14,600,000 adults have made it of 160,000,000. If you don't happen to be one of the chosen, then you'd -better be an extraordinary person a ar- musician, a scicnUsty-a'-npeletfiHjflysiQtttr. a iMrominenrjournalistTTfac- Exchange, woud cease to exist as separate entities. A more widely accepted view was that the central marsei place would be a loose federation of autonomous exchanges sharing certain facilities in common and reporting their prices on a common tape. Needham's own views were stated last year before an American Management Assoc! ation group called to study "Fi nancial Imperatives for the '70s." He expressed this out look: "All existing exchange organ izations would be combined into stock corporation.

The shares of the new corporation would be issued to all members of ex changes based 'on the respective -value -of their seats. "Simutaneously, the existing exchange organizations would transfer their net assets and operational and self-regulatory responsibilities to the new cor poration And then? "Go out of exis tence." And. now Needham heads the Big Board, selected by the brokers he had helped prod and lead into reforms, welcomed enthusiastically by them as the man who can lead them into that vague future. Whatever-that future ls iobe, almost everyone agrees that it must evolve slowly so as to avoid -disrupting the capital financing process so critical to corporate fortunes and the na tion's economy. But one wonders if the proc ess hasn't oeen siowea even more in taking one-oLthej forceful agents of change from his position with the mover, the SEC.

and placing him in con trol of the object to be moved, the NYSE. Cobb's Country Restaurant's- Hwy. 301 Bypau North LUNCHEON SPECIALS Old Fashion Meals Served Each Day We Feature In Country Portions Critics Forecast Lows tonight near 60. Probabil ity of rain 30 per cent today and Tuesday, 20 per cent -rfmHK Hog Market Chice No. 1 180-120.

38.75 28.25 220-240 180-220 Choice Ne. 2 28.25 220-240 27.75 240-270 38.75 25.25 33.75 21.75 26.75 25.75 25.00 25.00 35.00 20.5ft 18.00 270-300 300-350 350-400 160-180 140-160 120-140 100-120 60-100 Sows Stags -NOTICE- HOG FARMERS The lUcky Mount Hog Market balng quoted by thrt paper net The New Observer pritat being paid by u. fan a ywur hogs, na wolfing, -cammlMlans, eiaily buying. -Open Thra Prir-70 A.M.-5:30 P.M. CLOSED ON SATURDAY Peacock Meat Co.

Dial Gl 6-5174 -1 i Ul MIaaOS MINORS Alt Shapes n4Sxif To fit ony decor EINSWANGLl GLASS CO. 1400 loWfk Id. 444-9I4I: MM AND USED FURNITURE APPLIANCES -Ahnyt at a saraoJa whoa te hey HEILIG-MEYERS STcri mH.MolnSt. and ACCESSORIES Available at THOMPSON PHARMACY GIFT SH OF 365 Palls Road A i tlL A A. a.

'illiMVillL- 1 'ATLANTIC i tory executive, a famous athlete. Only recent was Spassky awarded better living quarters. Yet, an exceptional person can't be too exceptional. He must adhere to. Party line.

Because Alexander Solzhenitsyn writes about the hardships of Soviet life instead of glorifying Leninism Marxism Communism, he, has been read out of the Writers' Union and criticized for winning the Noble prize. He lives as an -excommunicant- a-genius denied publication in dis own country That's the tragedy of a single entry system The State Over Everybody. Big Brother controls all jobs. And deviation from Big, Brother's rules begets the blacklist. Tbe French political commentator, Jean -Francois Revel, in his book "Without Marx or Jesus The New-American Revolution Has Begun," defends the Europe, and not America, has been blessed with Hitler, Mussolini, the Moscow Trials, concentration camps, Pe-tainism, Franco-ism, racial persecution; the Gestapo, GyP, is iUhat the United States has.

-always been able preserve its democratic institutions and avoid fascism? And why is it that totalitarianism regimes; occupy most of European territory today?" The answer is that a money grubbing society gives people mobility, choicej and economic latitude. It's a double entry system. A man or women" can make a livelihood in government as an elected official or as a federal, state, or local government employee. Or he can bustle in the private economy as a doctor, lawyer, professor, or as an employee among millions of small stores, large stores, little factories, big factories, foundations, banks, insurance companies colleges, publishing houses, and so on each independent in its-own way. In America, businessmen would decide whether to publish or let Solzhenitsyn perish.

Their rivalry for pro- tits and prestige would override ideology and government protests, if any. This doesn't exculpate Bobby Fischer for misbehavior. It's not a plea for "money grubbing." It is a description of the i i tolerance of capitalistic diversity. And if that's called 'f-money -should make more of it. BEKINS National Moving and Storage' Phone Racky Mount eTUIJ till o.cn curiT EASTVJOCD J02 iriDD DIKE? ((0)(S I frontier I I Action! Ire Of Many BY JOHN CUNNIFF AP Business Analyst NEW YORK (AP)- James J.

Needham, the new chairman of -the NewrkStock Exchange, must understand today how a candidate elected to political office feels when called upon to implement his promn ised program. As a member of the Secu rities and Exchange Commis cinn Nwvtham was a some times sympathetic but often se vere critic of securities prac- tinos Few brokers considered him unfair, but some thought him an irritant and others felt he was a bit extreme. Rut it is Needham's inter' pretatlon of that vague future invisioned by the SEC in its re-nort "On the Future Structure of the Securities Markets" that arouses curiousity now. That document called for the oraHnai structuring of a central rw avcfAin: the nature of stated so imprecise ly that it stirred up a great rUni nf soeculation. an old trait nl tfia Rtrppt.

intrnrfttatkn was that some of the best known the Industry, such as the NYSE, the Midwest Ex change and the Pacific Coast Methodists End Session At Junaluska tiTTF. N. api Six newlv elected bish- nf the United Methodist church -were reminded of the supremacy of church law as eJSoutheastern junsarcuuu; the church finished Its quad rennial Conference Sunday. After the consecration cere-Simdav night, the six prepared to return to their homes and Bull up stakes. Church law forbids new bishops fromlervtnk in the areas from which they were elected.

The Rev. Robert M. Black hum of Orlando. Fla. will move to Raleigh: the Rev.

Frank L. Robertson of Valdosta, Ga. moves to Louisville. the Rev, Edward Tullis of Ashland, Kv. goes to- Columbia, S.

the Rev. Joel McDavid, Mobile, Ala. will be in Lakeland, the Rev. Carl J. Sasders, of Arlington, has been transferred to Birmingham, and the Rev.

Mack B. Stokes of Atlanta will be in Jackson, 1- Among the senior bishops, Bishoo" William R. Cannon of was assigned to At lanta and Bishop Kenneth Goodson of Birmingham was assigned to Richmond, Va Bishop Earl G. Hunt of Charlotte, Bishop H. Ellis Finger of Nashville and Bishop L.

Scott Allen of Knoxrille will remain in their present posts. InTAH T9 PSEVIC'JS PUZZLE a rmssHHnThi gins its meetings iThurday, will work out-some further details of the Soviet agreement to purchase $750 million, worth of American-produced grain dur ing the nexLthree years. The -commission' also will seek to negotiate a broad, long range trade agreement between the two countries. Local Stocks Bid and iskad srlect tor stock than of I oca1 based buslnmes with 500 or mora stockholders- -ara listed dally, Quotations as listed for" today at 11 a. m.

BID ASKED Guardian Corporation It 11 Hardee's Food Inc. 20 Peoples Bam 33 35 Planters Nat'l Bank 3S NOW (UNSIt AT CHURCH You'll beWITCHED you'll beDAZZLED MNenotf iWwjUnittoiil I- MnJ awMuiiJ WOW A HMWtWAV lUt OPEN 7:45 SK0W 8:30 Dirty Harry -PIUS- "THE WILD IN COtOR Rntod I WM.HM.0IN D0NT FORGET I LATE SHOW FRI. and SAT. KITES JOIN THE HAPPY CROWDS I MEAL 7 DAYS A WEEK FERS0H i 10c PER YEAR Wants 10:00 (9, 11) LncilleBaIl (4, 25) Sesame Street (7) Dinah's Place (5, 7) Concentration 10:30 (9, 11) Beverly Hillbillies 11:00 (7) Sale of Century (5) Password (9,. 11) Family Affair (4 ,25) Mr.

Rogers 11:30 (5) Bewitched (7) Hollywood Squares (9, 11) Love of Life (4, 25) Electric Co. 12:00 (5) Dateline Noon (7) Jeopardy (9) News. Weather (111 Where the Heart Is (4, 25) What's New 12:25 (11) Nevsbeat 12:30 (7) Who What, Where (9. 11) Search For Tomorrow (5) Split Second 12:55 (7) NBC News 1:00 (i) Ail My judren (7) What Every Woman Wants' To Know (9) Where the Heart II (11) Peggy Mann 1:25 (9) Timely Tips 1:30 (5) Let's Make A Dtvai (7) Three On A Match (9, 11) As The World TftfM 2:00 (5) Newlywed Game (9, 11) Love Is A Many Spies dored Thing (7) Days of Our Lives 2:30 (5) Dating Game (7) The Doctors (9, 11) Guiding Light 3:00 (5) General Bospital (7) Another WorWBay City (9,11) Secret Storm 3:30 (9. 11) Edge of NigM (5) To Tell The Truth (7) Return to Peyton Place 4:00 (9nirrThe'Son-T (4, 25) Sesame Street (5) Love American Styyle (7) Somerset 4:30 (5) Truth or Consequences (9) Banana Splits (7) I Love Lucy (11) GilUgan's Island 5:00 (4, 25) Mr.

Rogers (5) Perry Mason (7. 11) Big Valley (9) Hogan'i. Heroes Mount. N. han mmv Temp t.OO Gotpel Tim IS-ASC h-nt Sound witr in New at and ABC New at 4:00 MuHc City U.

1 Local New uwm inv umm rai mm 1 Hew etd CiiiiB SaarO; 1:8 a.M. and Jee Over men ffeaMen nv p.m. aad 4:1 NerHi CaraliM NawM ajn. aed PcesJ HSonftty NVViS WHl CojfMWtHl 939 eVJRe and 1 Rocky N. CT m- FEATURES Local Now on The Doug Fellow Report 12:00 Noon.

5:05 pm. Sports at a m. Earl N)aHlineai'im Our Changing Work! at ik Monday mrougn Information furnished by stations to Make Last Minute Lbaages SaSTESCER UKEICCBURN fgJ WCEC 8 1 0 AM-Rocky Mount, N. News, at mine before each houriemer, ary now on hek) hear. MONDAY SVENiMO National New 1:30 Job Review 4:55 -Mmt 0-Tempo WorW Oellveranoo Local New to 0O-Perty Line -Ooepel Caravan OH IJOO National New fhrt IN UEs On Tn 4-00 Tem0 On Farm Utal 0:01 Tempe Re reeno BUFFET I mln.

before ttie hour; Weanwrevery new FRIED CHICKEN W03 SUBSET AVE. ROCKY MOUNT- TUESDAY SPECIAL! COMPLETE MONO BVENiNO Evening Interlude Cty U.SA. Moic ltM Hour Late Local 4:10 Sitn On Tempo I. a Sport oo National New 5 2S Sport Netrana Mws Dlmei Muskalo Silver BREAKFAST 6:30 to 10:30 AJ.l. LUtlCH 11:30 to 2:30 PJ.V 5:00 to 9:00 PJX CHICKEN WEED 1 390 AM PM Rocky Mount, N.

tertcea caalewiiararir Ww of eve Ma-trs'ikni. and Vh III ALL DA TU3DAY IP 12.14 "ii LL Mr ifftlcTOfeETllts sieIaJiJ iTniMumLl iMKWlHXSSS I 90 SflSToMilliO. WilL I Tlai7 wriils i tnnm. $1.50 PER CHILDREN UP1T0 12 feetner at rnhmtea naat every at tSt-H: Hjiy niwnon ieae Lewis nnnrlcin Cantcmperary WRMT 1490 AM PERSONALITIES to OOOa Scott Oorrinoor Jen p. Jsfca Low hbJn OO 10:00 Kent desnl ooo Midnight-Ronald Jay JM edule are compiled from Stations Reserve the Right st hTl tt 1 jw eIej i.

IMI11DII5 iSiw I Sit 3Ulk J. El mmim inns A Interstate 93 ot N. C. 48 Interchange DRING THE ENTIRE FAMILY 1 1 V- 7 mi, gga-i rrr'.

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About Rocky Mount Telegram Archive

Pages Available:
687,462
Years Available:
1916-2017