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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 25, 1969
Page
2
American markets edged lower as investors digested mixed earnings from major corporations. Analysts noted cautious trading ahead of key economic data while the Dow Jones and Nasdaq composite retraced early gains.
The New York stock index showed gains in midday trading with the Dow Jones average up about 3 percent as investors reacted to domestic and international news. Analysts noted cautious optimism, with brokers reporting varied sentiment about the market's direction and potential factors influencing short term moves.
In New York trading, stock prices fluctuated with some gains in certain issues while others slipped. Market activity showed uneven momentum as investors digested corporate results and broader economic signals.
Asheboro city recreation director Bob Allen said an aid application for an outdoor recreation agency is in final stages and will be completed before Wednesday. The city is bonding a federal grant of 280 000 dollars to improve local recreational facilities, the second such application submitted. The first was for company planning outings and other expenditures of the funds.
At Johns Hopkins Homewood Campus smoke bombs dispersed chemicals as warrants were executed at Royce Hall. Police faced a disruptive crowd. witnesses described chemical agents, a patrol car confrontation, and a large turnout. Three students were arrested amid claims of amphetamine involvement and disorder near the university residence.
Beirut reports intense debate over forming a coalition government as Rashid Karami signals early resignation and calls for unity to avoid dragging Lebanon into Arab-Israeli hostilities. Officials insiste on cooperation while balance among factions remains fragile and refugees intensify internal pressure.
The chamber voted 57 to 36 to pass the tire inspection bill on second reading and hold for a third reading. The measure mandates tire tread of at least 2/32 of an inch and overall good condition to pass safety inspections.
In Greensboro a 35 year old woman, Doria Stone Ada Nichols, was charged with the shotgun slaying of her five year old son, Richard James Nichols, as he sat with a toy Easter bunny. Police say the case involved a suicide attempt in jail and the weapon found in the home.
RALEIGH AP Legislators propose voters decide on merging five neighboring county school administrative units. The measure, backed by Rep C Graham Taft, studies show potential tax implications and require State Board of Education approval.
New York AP reports on a future where high speed electrostatic printers and computer editing could replace blue pencils in newspapers. Technologies like cathode ray displays and connected editors may allow real time length adjustments and morgue access, transforming newsroom workflow.
At Colgate University Hamilton New York about four members of the Association of Black Collegians entered the faculty club building at 4 am evicting a cook her husband and two others The action reflected protests over administration plans for a black cultural center Campus unrest echoed across New Yorks City College and Hampton Institute with closures and ongoing negotiations.
RALEIGH AP The House quickly passed a bill to move four holidays to Mondays. Sponsored by Rep. Jones D Mecklenburg the plan would make Washington's Birthday Memorial Day Columbus Day and Veterans Day fall on the nearest Monday. Jones said Congress has enacted similar law and 21 states have adopted it. The measure has broad backing from travel industry commerce and school officials.
Publisher Jenkin Lloyd Jones of Tulsa Ohio became president of the Chamber of Commerce of the United States succeeding Postmaster General Winton Blount. Jones 57 is editor publisher of the Tulsa Tribune and writes a syndicated column. Blount resigned to join the Cabinet. selection announced at a news conference.
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