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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 22, 1969
Page
2
The stock market stayed on higher ground in moderate trading as it continued the consolidation begun on Wednesday. Analysts noted investors were cautious and waiting to see if a solid upside move would resume.
Mat Mac Med reports midweek stock averages with AP figures showing modest gains and trading activity across major indices. The update notes slight climbs in the Dow and S&P while the Nasdaq edges higher on mixed corporate results and market volatility.
New York Noon Stock Exchange index report shows general market activity. Regional forecast covers North Carolina South Carolina Georgia and Virginia with cloudiness showers and mild temperatures including highs in the 80s and 60s in various zones.
The forecast calls for above normal temperatures in northern two thirds of North Carolina with near normal readings in the far south. Daytime highs expected in the mid 80s in mountains with early weeks near 90 elsewhere, while nights dip to low 60s and upper 60s outside coastal areas. Outer Banks may see upper 80s to 90s and rain. overall warming through mid week with scattered showers and a quarter inch total.
Gulfport Mississippi residents failed to grasp Camille's power. Civil Defense coordinator Nap Cassidry said many did not foresee 190 mph winds or a 20 foot tide rise, leaving numerous people trapped by the storm as it struck the coast.
Miami AP report quotes Dr. Robert H. Simpson, head of the National Hurricane Center, telling Vice President Agnew he needs improved equipment to read Camille earlier and gauge storm intensity. He cites funding, aircraft limits, and calls for action amid Camille’s devastation.
The Methodist Men of Mitchel’s Grove United Methodist Church sponsor a hotdog sale on Saturday from 11 a.m. to 1 p.m. on the church grounds. The Woman's Society of Christian Service will offer homemade baked goods and proceeds go to the new educational building under construction at the church located at Kivett Drive and Oakdale Road near I-85.
Washington officials acknowledge the 1970 model cars will meet reduced exhaust limits but long term gasoline engine pollution is largely unwinnable. State tests for California 1970 models, and rising car numbers, may impede clean air gains through 1980 with vapor recovery delayed to 1971. California leads in stricter 1971 standards.
Republic Steel Corporation in Buffalo plans to hire female production workers for the first time since World War II. The move follows a shortage of male applicants and the upcoming departure of 200 summer workers to college.
Prices of frying chickens rose 3.9 percent and most fresh fruits and vegetables increased, with clothing prices falling less than seasonal. Rank and file workers kept virtually the same purchasing power as rising take home pay offset higher consumer prices. Gross weekly earnings reached 115.44 dollars in July, up 68 cents from June and 6.57 dollars from a year ago.
Refugees moved toward safety as Gulfport Bay St. Louis and adjacent towns recovered from the 20 mile Camille coast hit. Seabees and engineer units cleared debris, restored supplies, and expanded aid with 7900 plus houses damaged or destroyed. Martial law and curfews remained, while search and cleanup continued along the coast.
AP reports tanks and thousands of Czech troops withdrew from Prague after a major demonstration marking the Soviet invasion anniversary. Streetcars were empty, stores deserted, and surveillance by police continued as five people were reported killed in Prague and Brno during riots amid public anger at occupation.
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