AP Stock Averages Update
The Associated Press reports on stock market averages with brief movements in major indices. Investors watch intraday changes as trading sessions progress.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 30, 1969
Page
2
The Associated Press reports on stock market averages with brief movements in major indices. Investors watch intraday changes as trading sessions progress.
Racial unrest and a 9 PM curfew grip Winston-Salem as National Guardsmen patrol streets after a Negro man is wounded. The AP report notes stock market volatility with the Dow Jones average slipping, while authorities pledge firm curfew enforcement and traffic restrictions.
Globe Furniture Co announces a realignment effective May 1 with Henry A. Foscue as chairman and chief executive and Jack Rochelle promoted to chief executive officer of the Globe division. Foscue, long a top executive and university benefactor, will report to Burlington Industries and continues leadership in industry and education initiatives.
Negro students at Belmont Abbey College peacefully left the administration building after a crane of demands from the Afro-American Union. They met with college officials and a representative panel to discuss facilities, pay, and black studies, while police later arrested and released Fuller on trespassing charges.
Mrs Martin Luther King Jr led about 2000 marchers in Charleston in a protest supporting a strike at South Carolina Medical College Hospital and Charleston County facilities. Police provided heavy escort under a parade permit as King urged continued demonstrations and a wage raise above the current $1.90 to $2.05 per hour.
Raleigh AP report states the North Carolina House amended and passed a bill to allow regional universities to pursue doctoral degrees only after the state Board of Higher Education completes a root-study due in 1972. The measure, backed by Gov Bott Scott, requires permission and funding alignment before any doctoral programs.
Leaders set June 3 as a target for adjournment citing progress in committee work and a desire to avoid end of session backlog. If needed, they will adjust to ensure ample time for budget bills and avoid late accumulation of legislation. Appropriations work moves toward May 20 floor consideration.
AID officials warn that grant programs risk government paralysis as overlapping and multi agency criteria create confusion and waste. If programs fail to meet aims, new ways to cut through the tangle must be found to preserve congressional intent.
A sensational mid century style ad promises a 10 day loss of ten pounds with a grapefruit based plan. It claims rapid weight loss, allows forbidden foods, and suggests further losses as the diet continues. The pitch urges readers to mail $2 to a Raleigh address for the “new and startlingly successful” program.
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