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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Aug 07, 1970

Page

2

Barometer Holds Narrow Dow Swing In Quiet Trading

In New York the Dow Jones average rose 0.55 to 723.37 at noon as the market drifted within a 25 point range on thin volumes. The AP 60-stock average gained 0.5 to 239.5 with mixed moves among sectors, while several major issues slipped on light activity and lack of clear guidance from the economy.

New York New York Stock Exchange Associated Press Avco Standard Oil New Jersey Comstat Boise Cascade National Cash Register Xerox American Stock Exchange Teleprompter Coleman Astrodata Lafayette Radio Venice LykeYng M Stevens Ie StudeWorth Sun Arke Teelmocy Bnl Swift Co CocaCol Oan T Coig Pal Maratha Collinsr Marcordite Tampa E Tektronix Va Coloinist Se/Mar Mid Ine CBS Ve Martinm Texaco iCoomwee Mead Corp MobilOil Mohasco Monsan TRW Inc Mtstatt UN Pac Cp Curtiss NatGyps Val Deere Co Ve del Monte Nat Steel US Steel Newber Upjohn Newmat Nongas WarLam Disney NoStaPw Wat We Northrop DowChm Nwst Air Wo Banc Dressind NwtBanc WaUnion Duke Pw e + va Norton duPont Weyerhst Whittaker Svesh Sa OhioEdis WinnDix East Air Lin Okla GE Woolwih Easkodak la Okla Ngs Eatonia Olin Corp Eg&g Omarkin Xerox Cp ElPaso NG Otis Elev Eltra Cp Zale Corp Ethy! Cp Evans P Val Fairchc PacPwl Fair Penn Cent Coenenee NEW York (Ap)se Ae FlaPowLt Penney JC PennDix WY — A Lexchange FMC Cp PaPwit FoodFa Asamera Oil Phila el Phelps D AtlasCorp Aes New York Stock Barnes Eng YORK GAC Cp Phill Pet Philip Morr Brascan Ltd GAF Corp Otais Gam Sko Pitney Cdn Cdn Javelin Cinerama Gen Mills Feimont Itil Gen Tire 1B Aenee Frontier Air Air Red Genesco 1 Pullman Ralston P Gt Basn Pet Ranco Inc Nt Husky Oe Alleg Pw Glen Alden Se Raytheon En AlliedCh AlliedStr Global Marin RCA Allis Chaim Goodrich ReichCh Alcoa VA RepubSt Kaiserin Astr AMBAC GraceCo Hess McCrory Airtin Gt A&p Royccola Ormand Ind RoyDut RyderSys Guif OjPs Guifstaut Halliburt Sanders Escland Am Harris SaFeind Schenley At&t Herc Inc Schering T&t Scott Aper AMP Inc Ampex Corp Shell Ol Ancorp Nsy Howmet Shell Tr Arch Dan Idaho Aui Richfid INA Cp Atlas Chem ingerRand Atlas Corp Ya Tainland Sd Ve Aveo Cp Intrikine Va Avnet Inc P Beckman Lowapsyv Eesen Seeee Itek Corp Bell How Jjj— Bendix BenefiCo Jewel Co Eese JonaMan John John Jon Logan Boeing Co Jone Lau Jostens Birst My Kaiser al Budd Co Bulova KayserRo Bunk Ramo Kerr Mc KimbCik BuriNor Ad Koppers Kraftco Kresge SS Lockheed Air O Lonesga

North Carolina Poultry Market Edges Up Slightly

The North Carolina poultry market rose about one cent with adequate supplies and good demand. Live prices ranged around 11 cents per pound for most, with heavies at 10 cents per pound and light types selling sparsely.

Raleigh NCDA North Carolina

Senate clash over subpoenas tests power to compel testimony

Washington AP report notes the Senate investigations subcommittee faces a legal challenge as the DC Circuit issues a preliminary injunction blocking forcing Thomas W. Sanders of Berkeley to testify on bombing and propaganda ties. Chairman McClellan warns of a possible confrontation between Congress and the judiciary as terrorism statistics level sharp calls to act.

U.S. Court of Appeals District of Columbia Thomas W. Sanders Berkeley Calif Sanders McClellan Subcommittee Court of Appeals Senate Committee Supreme Court Congress

Fulbright Slams Pentagon Over Safeguard Credits

Sen. Fulbright accuses the Pentagon of half truths on the Safeguard ABM system claiming a missile credibility gap. He says scientists recommended abandoning two new Minuteman defense sites and favor an alternative for Minuteman protection. Senate moves to cut roughly 300 million from Safeguard funding as debate continues.

Washington Sen J. W. Fulbright Pentagon Arkansas Democrat U.S Fulbright Minuteman Senate John Sherman Cooper R-Ky Philip A. Hart D-Mich Sen. Hughes Iowa Senate Abm Sevenman Scientific Advisory Board Cooper-Hart

Army trains nerve gas to coast amid safety measures

Army officials described loading 113 concrete vaults containing nerve gas into 25 rail cars for shipment to the coast. A pilot train will precede the munitions train with monitors and detectors aboard, while Maj. Jack Meschel outlined first aid, including atropine, for exposure.

Jack Meschel Richmond Maj. Meschel Louisville & Nashville Railroad Army North Carolina U.S. Army Aed

City Negligence Sues Over Armory Blast Damages

Families of National Guardsmen sue Winston-Salem for more than 7 million dollars alleging city negligence allowed gas buildup and failed warnings before the September armory explosion that killed three guardsmen and injured others. Plaintiffs include Harold Dunevant who seeks 1.5 million and seven other claims for burns and disabilities with several victims named from Winston-Salem and surrounding areas.

Winston - Salem Winston-Salem Ant Garan Bage Ari Septeme National Guard an_mber Army Brooke Hospital San Antonio Tex Joel Calhoun Jr Kernersville Robert M. Coltrane Dalton K. Koontz Lexington Wodo Beer Wake Forest William E. Batts Roland J. Gay Beer Batts Gay

Congress Moves To Give Nixon Economic Controls

A Democratic led Congress advanced standby authority for President Nixon to set ceilings on prices wages salaries and rents under the Defense Production Act extending the act to mid 1972 The measure expires in early 1971 and includes a defense cost accounting board to curb contract overruns.

Washington Congress Nixon Senate House House Charles E. Goodell R-N.y John B. Anderson House Republican Conference House Banking Committee Wright Patman D-Tex

Ex Pueblo officer recounts partying aboard captured ship

Former Pueblo executive officer Edward R. Murphy says drinking and gambling were common aboard the intelligence vessel seized by North Korea in 1968. He cites neglect of explosives and data chemicals while others, including Robert J. Chicca, downplay on duty gambling. Murphy faults not the captain but a work hard party hard mindset.

San Diego Calif USS Japan Edward R. Murphy Robert J.chicca Pueblo University of California At San Diego Murphy Chicca Cmdr Lloyd M. Bucher Bucher

Nerve gas train fears ease in Deep South states

South officials and governors express confidence that the Army nerve gas shipment from Anniston Alabama and Blue Grass Kentucky to Sunny Point North Carolina poses no danger. Mayor Ronnie Thompson of Macon Georgia may allow the route if alternate paths risk sabotage and will meet Army officials for assurances. Senator Edward Gurney and Florida Governor Claude Kirk seek proof the disposal method is safe.

Ronnie Thompson Macon Thompson Anni‘ston Ala Army Chemical l Washington Edward J. Gurney R-Fla Florida Pentagon Claude Kirk Army Anniston Blue Grass Army Depot Kentucky Sunny Point N.C Cape Kennedy Albert Brewer Alabama Buford Ellington Tenessee Bob Scott North One South Carolina Alth

Bank Transfers Senior VP J Scott Cramer to Winston-Salem

CHARLOTTE AP Wacho via Bank and Trust Co N A transfers senior vice president J Scott Cramer to Winston Salem to head the banking division of the firm.

Major North Carolina districts accept federal desegregation plans

Charlotte-Mecklenburg voted 4-3 to reject the federal desegregation plan while Guilford County officials agreed to accept it. Winston-Salem wanted clustering but urged against immediate effect. A Winston-Salem Forsyth County hearing is set for Tuesday.

North Carolina Charlotte-Mecklenburg Guilford County U. S. Department of Health, Education and Welfare Guilford Board of Education Winston - Salem U. S Eugene A. Gordon Winston - Sallem Forsyth County Marvin Ward Winston-Salem Charlotte Charlotte - Mecklenburg James B. McMillan McMillan Supreme Court Mecklenburg County Washington Justice Department

Also Mentioned on This Page

Stock Market Report Signate SingerCo Smith KF Scar Soucale South Co Soungas SouPac Southrn Ry le Spartans Sperryr Squibb StBrands Exchange Lawrence L. Knutson A.P. Stock Gangepet Press Ind. Arts Util Om Fon. L Abdys Ener NEW York Stock Index NEW York Fone Finance Dow-Jones Foreign Office London City Winston Harold Dunevant Reidsville Navy Post Graduate School Monterey South THE
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