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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 15 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 23, 1970

Page

2

Stock Market Drops Amid Moderate NY Trading Day

New York stocks fall with the Dow at noon down 6.80 to 755.81 as declines lead advances by about 5 to 1. Analysts warn the Dow may slip toward 740 while sectors like steels oils and airlines trade lower and overall activity remains moderate.

New York Associated Press Getty Oil Parke, Davis Xerox Westinghouse Electric New York Stock Exchange New York Exchange American Telephone Marieman Memorex Commercial Solvent General Motors

Stock Dividend Table Snapshot From 1970s Exchange Listings

A fragmented OCR style stock table shows varied company tickers and prices with multiple dividend footnotes. It lists Aerojet Am Petr AO Indust We Ark Best and many others with percentage changes, ex-dividend indicators, and special notes about dividends and stock actions.

Aerojet Am Petr AO Indust Va Arklgas Lasamere AtlasCorp Sage Ee Barnes Eng le BrascanLt la Campbi Chile Ile — Cdn Cinerama Dillard Dixilyn Corp EquityCp Felmont Frontier Air Molybd Newldria Mn NewPark Mn E — Ve Ormand Ind RIC Intl Ind Saxon Indust Scurry Rain Statham Syntex Technico We Nuclear Va Unness

Over-The-Counter Bid-Asked Quotes From NASD Listed

Inter-dealer prices as of about 11 a m show bid and ask levels for a range of companies. Prices exclude retail markup, markdown or commissions. Stocks include Amer Furniture Amer Mortgage Caro Caribbean Colonial Stores Auto Service Eckerd Drug Ft Union Bank Corp Hardee's Integon Life of Caro NCN B Corp NC Nat Gas One Pied Aviation The Pub Ser of NC Ruddick Pref Ruddick Com Soc Film Ext Wix Wellington Hall and others with varying bid and ask values.

Amer Caro Eckerd Drug Ft. UN. Bk. Corp Hardee's N.C.N.B. Corp N.C. Nat. Gas Pub. Ser. of N.C Ruddick Pref Ruddick Com Soc. Film Ext Wix Wellington Hall

Six More U S Aircraft Lost In Border Raids

Saigon AP reports six more American planes and helicopters shot down over Laos and along Laotian and Cambodian borders, bringing two day losses to 12. Two Americans killed, one missing, 10 wounded. total U S aircraft lost since Jan 1 1961 reaches 6689.

Saigon Laos U.S Air Force A Shau South Vietnam Udorn Thailand Cambodia Laotian Panhandle

Stock Averages and Bond Averages Report

The afternoon AP stock averages show mixed movement with Rails and Utilities down slightly while major indices hold near noon values. Bond averages are listed with highs and lows for the period, reflecting the market’s tentative stance.

Market Averages Fall Amid Mixed Industrial Shares

Dow Jones industrials drop 6.80 points to 755.8 as rail and public utility stocks show varied moves. Industrials weaken with several sub groups posting small losses, reflecting cautious trading and mixed sector performance.

New York Stock Exchange At Noon Markets

AP report shows mixed midday metrics for key sectors amid trading in New York. Transportation and finance indices shift narrowly as overall market activity remains cautious.

Regional Forecast Maps Warmth and Showers Across East Coast

North Carolina shows variable clouds and warm temps with overnight lows 55 to 65 in the mountains and 60s elsewhere. South Carolina stays partly cloudy and warm with a slight shower chance and lows around 58 to 60s. Georgia remains mostly unseasonably warm with possible afternoon thundershowers and lows near 60s. Virginia expects showers mainly in the south tonight and Friday with cooler high 60s to 70s and overnight lows in the 50s.

North Carolina South Carolina Georgia Virginia South

Nonpartisan Estimate Shows Budget Deficit Upward Pressure

The Joint Committee on Internal Revenue Taxation projects a federal deficit of at least 3 to 4 billion dollars, possibly twice that, due to enacted pay raises and welfare costs, with revenue measures uncertain and rate changes still pending. It notes potential higher debt service and retroactive pay effects from 1971 changes.

Washington Nixon Congress Joint Committee On Internal Revenue Taxation Wilbur D. Mills D-Ark House Ways and Means Committee Senate House Ways and Means Senate Finance Committee Budget Bureau

Plane hijack tale from Rock Hill fuel stop unfolds

Wade quoted a second man aboard a hijacked plane bound for Cuba warning against armed guards and stating he would blow up the aircraft if refueling proceeded. Rock Hill Airport officials described the hijacker claiming a bomb and a gun, with fuel personnel following orders to supply gasoline to the plane.

Cuba Wade Rock Hill S.C Gastonia Lindsay Hess Crcw Hess A. J. Springer

Southeast Asia faces tangled conflict with no clear winners

W RY AN reports a widespread sense of uncertainty as Vietnam spillover into Laos and Cambodia intensifies regional tensions. The United States and allies weigh withdrawal, while Indonesia and ASEAN seek a conference on Cambodian neutrality amid rising Communist guerrilla activity linked to Red China.

Southeast Asia Vietnam Laos Cambodia United States Soviet Union Red China Malaysia Singapore Indonesia Thailand Philippines Indochina North Vietnam Paris Hanoi South Vietnam Washington Nixon U.S Association of Southeast Asian Nations

Nixon outlines steps toward an all volunteer military

President Nixon proposes a staged shift to an all volunteer force with a stand by draft system for emergencies. He notes a 1.2 billion annual pay rise for military personnel and 6 percent for civilian workers, plus a planned 20 percent pay hike for enlisted members under two years to start January 1.

Nixon Secretary of Defense

Adjourning Congress Beyond Three Days Without Consent

A rule states that adjournment beyond three days not counting Sundays requires the consent of the other party. The rule emphasizes formal limits on session breaks and signals checks on unilateral timing of adjournments.

U. S

Not Wearing Shirt Highlights Alleged Hijack Claims

In testimony Hess said Springer gave $50 to the pilot and two packs of cigarettes requested by the alleged hijacker, noting the suspect did not wear a shirt to indicate he was unarmed.

Hess Springer

North Caro lina Highway Chief Defends Insurance Move

Raleigh AP North Carolina Highway Commission Chair Lauch Faircloth denies any wrongdoing in seeking to name a Republican ally as agent of record for the Highway Commission life insurance contract. He notes the agent receives commissions and says he may reappoint the former agent or accept a new nominee via the Employer Association recommendation.

Raleigh North Carolina Highway Commission Lauch Faircloth Commission Faircloth Bob Scott Massette Butler Clinton Highway Commission Butler Sampson County James Faircloth Jr Republican Party Connecticut General Life Insurance Co Otis Banks The State Highway and Correction Employer Association Philip Bolich Durham

Also Mentioned on This Page

Stock Market Report American Stock Exchange Milgo Electronics Coleman Digital Equipment Four Seasons Nursery Camprl Camesp Caroplt CarrierCo Carterw Case J! CastleCke CaterTr Cenco Ins Cerro ChiMil Spp Chrysler Citfin CitiesSve ClarkEq ClevEllil CocaCol Coly Pal Collinsr CBS Colu Gas Cowles Cox Edest CPC Int CrouseHind CrowCol Crown Cork CrwnZell Cudahy Curtiss Wrt DanRive Dart Ind DaycoCp Daytpl Deere Co del Mate DeltaAir Denrgr DetEdis Det Steel Diam Sham DillonCo Disney Diversind duPont Dyna Am East Air Lin EasKodak la Eatonia Echlin Mf Eg&g Elpasong Eltra Co Emer Elec Bend Johnsn Essexint Ethyl Cp Evansp Eversharp Fairchc Fair Hill Fansteel Inc Fedders FedDeptStr Filtrol Firesine Flintkote Fla Pow FMC Cp New York Stock FoodFair Ag Coe ACF Ind Ilac Cp GAF Corp Gam Sko Admiral Gannett GenDynam AlcanAlu Ga Pac AMBAC Gerber Gettyo Airlin Gillette Glen Alden AmEdest Global Marin AmCan Goodrich AmCyan We Goodyear Ameipw GraceCo Enkala Granitec Stl Ahome Grantw Am Hosp Gt A&p Ammfdy Gt West Fini Ametclx GtWnunit Am Motors GreenGat Greyhound Gulf Oil GulfStart GulfWin I Amk Cp AMP Inc Ampex Corp Here Inc Amch Hock Wey Pack Wilcernwal ArchDan Armour Ae HollySug ArmstCk Aliomestke Honeywi Atlas Chem Atlas Corp Avnet Inc Avon Sel Ngernand Beckman leterikSt BeechAr IBM Bel! How Lint Hary Bendix JewelCo JohnMan BucyEr Johnshn Budd Co Johnstonn Wi Bulova W Jon Togan Bank Ramo Jone Lau Burling Jostens BuriNo Joy Mig Kaiser al Cal Finant Kan GE KanPwl Katy Ind Kayser Litton Lockheed Air Ys LoewsThe LongisLt Lucky Lukens LVO Corp LykeYng Ava Page Macke Co Macy RH Mad Magnvox Maratha Marcor Inc Mar Mid Va Martinm Maydstr Maytag Ta Ve McDonnd Ees ’ Mead Corp MelvSho Melv Sho Wi Merck Bmaym Microdot Ss Oklangs Ve Olin Corp Omark Ind Otis Elev OwensCg Pact&t Panasul PanAm Wair Eg Panh ParkeDavis Penn Cent PennDix Pitney Bw Pullman Questor Ralston P Ranco Inc Raytheon Alaca ReichCh RepubSt Reviow ReynMet ReynTeb Roan Sel Rohr Cp Royccola Royal Dut 2d RycerSys Safeway St Jos Lead Stlsanf Stregisp Sanders SaFeind SanFeint Schenley Schering Scott Paper Sbclind Searsr Shell Ol Sherwawm Isle Ag SignalCo SingerCo We Smith KF Soucale South Co Soungas Southrn Ry St Brand Kolismann MidSoUtil Minnmm Mobil Mohasco Monsan MontDot Se Mont Pw Mor-Nor Motorola Northrop Norton Noftsim Stevens StudeWorth Swift Co Systron Donnae Ee Tampa TimesMir Timk RB Transmra Transitron TriCent TRW Inc Twen Cent UAL Inc Jonheg Ae Uniroyal US Steel V— Varian Asso Vee Vendo Co Vaeipw WarLam Wat Wstn Air Lin Zale Corp American —Exchange A.P. Stock Ind. Rails Util Gn.l Dow-Jones NEW York Stock Index Elis William L. Ryan N.C. Highway Head Hear Our Radio WHPE R.S. Dickson, Powell, Kistler & Crawford American Stock Exchanges N. Main St
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