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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 08, 1970

Page

2

Market Drifts in Typical Transition On Wall Street

The Dow Jones average slid 0.13 to 791.51 as trading opened with a mixed to modestly lower tone. Airlines motors and oils led declines while rails and utilities posted small gains amid an edge for losers over gainers on the NYSE and AP 60-stock index up 0.4.

New York New York Stock Exchange Associated Press Marathon Oil American Smelting Hart, Schaffner & Marx U.S Continental Mortgage Zayre Corp Gulf Oil Belco Petroleum American Motors Computer Sciences Rite Aid American Stock Exchange Genge Industries Adice Corp Sargent Industries Slick Corp and — Corp

AMERICAN STOCK EXCHANGE NOON PRICES LISTED

The American Stock Exchange releases noon prices for numerous issues including Aerojet Ark Best Cdn Javelin and others. Data notes show bid ask last prices, percent changes, and special dividends footnoted by symbol codes from 1969 1970.

NEW York American Stock Exchange Aerojet AO Indust Ark Best Arklgas Atescorp Ie Ee Barnes Eng BrascenLt la Pi Camp Siam Ve Gen Gt Basn Pet Husky Oil Hydromet Vimp Oil IT Corp Kaiser Lee Ent McCrory BM. Rege Ormand Ind Ric Inti Saxon Indust Statham Syntex Technico Associated Press

New York Stock Index Brief at Noon

The AP reports midday moves in the New York stock market with minor changes across major indexes. Trading is subdued as investors weigh ongoing economic signals and corporate results.

New York

Dow Jones Averages Mixed as Utilities Rise and Industrials Slip

Readers see a disjointed snapshot of stock movements with modest gains in public utilities and mild changes in industrial sectors. The data shows slight advances and declines across listed indices, reflecting fluctuating market sentiment.

Senate votes split on Carswell confirmation amid GOP splits

Senate tally showed 44 for confirmation 41 against and 11 undecided as key Republicans faced defections. Senators Mundt and Anderson were ill, Pell and Bennett were overseas, while Hatfield said no. The White House remained confident Carswell would be confirmed despite racial-views criticisms.

Karl E. Mundt R-S.d Clinton Anderson D-N.m Southeast Asia Claiborne Pell D-R.i Wallace F. Bennett Utah Nixon Supreme Court Carswell Senate Judiciary Committee White House Ronald L. Ziegler Judge Carswell Haynsworth Percy Oregon Mark Hatfield U.S. Court of Appeals Tallahassee Nomins

FDA Criticized for Food Safety Failures by Nader’s Raiders

Investigators led by Ralph Nader allege the FDA has abdicated food safety duties, accepting weak industry evidence for additives, failing sanitation inspections, and concealing ingredients. They condemn harassment of Reich and call for stronger regulatory action.

Washington Food and Drug Administration Ralph Nader Nader Raiders FDA Wilhem Reich Reich

Government delays school desegregation plan amid cross-town bus routes

The department reframes McMillan's plan delaying a April 1 deadline to autumn and proposes the district work with HEW to craft a new plan. The appeals court debates remand with guidelines while noting 24,000 pupils already bused locally and cross-town routes for quicker desegregation.

McMillan Department Department of Health, Education and Welfare Nixon Circuit Court Charlotte HEW Office of Education Appeals Court Is Court

Postal Pay Raise Cleared For Final Senate Action

The President seeks a 10 cent first class stamp with smaller boosts for other mail to fund a 8 percent postal workers raise and reduce the deficit. A House hearing on estate tax collection to help finance the plan is unlikely before late summer, as Mills cites budget concerns.

Washington Congress Nixon Gordon Allott R-Corp Republican Policy Committee House Wilbur D. Mills D-Ark Ways S and Means Committee Mills

Landrieu Democrat Wins New Orleans Mayoral Race

New Orleans mayoral winner Moon Landrieu, a Democrat, secured 94,055 votes to 65,323 for Republican Ben Denton. GOP gains included the legislature’s only member, while James R. Sutterfield narrowly defeated Theodore Marchand for a Louisiana House seat. May runoff set for Orleans Parish School Board race between Mildred Blomberg and William McNeal.

New Orleans Moon Landrieu James R. Sutterfield Theodore J. Marchand Louisiana Sutterfield Mildred M. Blomberg Orleans Parish William C. McNeal

Cambodian and Vietnamese combat updates amid border fighting

Reports say Cambodian strikes occurred with two enemy deaths. Viet Cong withdrew from woods. In Chipou on Route One US B52s dropped over 1000 tons on base camps southwest and north of Svay Rieng. Dak Seang saw heavy shelling and a 1500 North Vietnamese unit rumored to move north for relief. Allied deaths rise to 40 government troops and 10 Americans. 4 Americans killed and 15 wounded in other actions.

Cambodia Chipou Svay Rieng Dak Seang U.S

Weather Outlook North and South Carolina Forecast

North Carolina: Partly cloudy and warmer tonight with lows 44 to 52. Showers or thundershowers possible in the mountains late tonight. Thursday will be variable cloudy and warm with a chance of showers or thundershowers, clearing delays in the mountains late in the day. South Carolina: Partly cloudy northwest and fair elsewhere with cool tonight around 50. Showers possible Thursday. Extended outlook shows rain or showers ending along the coast by Friday morning with a chance of rain again in the mountains Sunday. Cool Friday through Sunday with some warming east portion Sunday. Daytime highs in the 60s. lows 30s in the mountains and northern areas and mostly 40s elsewhere.

North Carolina South Carolina

Hanes to Cut 500 600 Jobs at Winston-Salem Plant

Hanes Corp plans to reduce 500 to 600 employees at its Winston-Salem knitting facility this year, leaving about 1 000 workers. The eight-building complex will be reduced to one building, with operations shifting to western North Carolina plants while specialty knitwear lines stay in Winston-Salem. Other plants in Jefferson Newland Sparta and Galax will focus on men and boys underwear.

Winston - Salem Hanes Corp Winston-Salem North Carolina Hanes Winston- Salem Jefferson Newland Sparta N. C Galax

Twin City Man Cleared In Murders

Russell Lowell Talbert a Winston-Salem salesman wonders who used his name in a California murder case. He had learned a man with his ID was arrested in Lagos California for the shooting deaths of four highway patrol officers. Talbert said his wallet and six guns were stolen from his home in February.

Winston - Salem Russell Lowell Talbert Winston-Salem California Talbert North Carolina Lagos Calif Ceeaenae Nto Jack W. Twining Twining

Insurance Rates To Be Studied In Forest City

RALEIGH AP The next in a series of statewide hearings on automobile liability insurance and rates will be in Forest City April 21. Sen Clyde M Norton of McDowell County, chairman of the study commission, said those wishing to appear should write the commission at the State Legislative Building in Raleigh by April 15.

Raleigh Forest City Clyde M. Norton McDowell County State Legislative Building

MacDonald seeks lawyer as Army probes double murder case

Capt. Jeffrey R. MacDonald asks the Army to provide counsel amid a police inquiry into the February killings of his wife and two young daughters at Fort Bragg. An Army investigator says MacDonald is being questioned as a suspect after he survived stab wounds.

FT. Bragg N.C Jeffrey R. MacDonald Army Green Beret James F. Douthat MacDonald Kimberly Kristen Womack Army Hospital

Rail Strike Move Expected To Pass

Congress acts swiftly to approve Nixon proposal to avert a nationwide rail strike by Saturday deadline. Senate leaders say passage likely with minor differences ironed out. House aims to clear it today. Four unions face a 37 day prohibition and a new work rule amid disputes with sheet metal workers.

Joe Hall Associated Press Washington Senate House Nixon Mike Mansfield Senate Labor Committee Harley O. Staggers Dw.va House Commerce Committee Congress

Also Mentioned on This Page

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