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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Dec 04, 1969

Page

2

Will 800 Personal Exemption Survive?

Stock market notes show a heavy trading pace with the Dow Jones average down at noon and earlier losses. Analysts cite tight money, profit worries for 1970, and investor shifts to bonds as factors, with support levels around 715 to 785 suggested.

Nooh Clifford Thomson McKinnon Dow Wednes Taitts

New York Exchange Items Signal Market Shifts and Tax Debate

The New York market report notes insurance companies like Jefferson Standard Life and American insurers announcing rate changes effective January 1, with discussions on dividend policies and tax proposals. Senate House conference and rate adjustments on personal income tax and policyholders’ accumulations are mentioned, alongside stock quotes, bonds, and market indicators reflecting a broad financial picture.

Associated Press Jefferson Standard Life In Washington York Amerteen Sisensurance Co Albert Gore Leeds Senate House Roger Soles Zakaris Jefferson Standard Natomas Ramgan Newberry Newman NortomWat Forthrop Voss pNwst Bresind Duke Pac Pet Eura Cp Penney Pannz UN Fanstesl-Inc Persie Philip More Ty Flintkote Fey Phil Pet Pitney New York Uestor Gannett Chalo Safeway Sanders Lee Boeing Seth CarrierCp Caterna Eneicke Oe Lear Virginia Mackeics Georgia Mada Aziq Feland Whirl Co Saab Anecrates Preteland Corpo Whitta MoleSho Winndix Woolwich Kerox Co Cmannes Sagal Teeealet de- Mas Comerce Leeren Chamber of Commerce Ode von Analio Puone Boothas Clowna

Senate Tax Reform Amendment Shifts Income Exemption

Senate votes 58 to 37 on an amendment by Hartke to repeal the 7 percent investment tax credit and raise the personal income tax exemption from $600 to $800, cutting over $6.7 billion in revenue and affecting the 1971 tax reform plan. North Carolina and Indiana senators supported the measure, while others debated its impact on tax reform.

Mills Arkansas Nixon Suport Gore Nei Hartke D.ind Washington North Carolina Ervin B. Everett Jordan Senate

Credithuift Stock Listed on New York Exchange

William H. Shropshire manager of the firm’s Main Street local branch reports Credithuift Corp lists 2,200,270 shares of its common stock on the New York Exchange under ticker CRD. The company operates consumer financing services through 47 branch outlets nationwide and previously traded over-the-counter.

Credithuift. Financials ‘Corp Ectumon New York Exchange CRD William H. Shropshire Main St Ther Iis

Jordan Named to Henredon Furniture Executive Staff

Jordan has been named to the executive staff of Henredon Furniture Industries after retiring from Woodward Lothrop in Washington, D C where he was divisional merchandise manager. Before joining Henredon he was associated with Hibriten Furniture Co and with the Lane Co. He will join Henredon in late January.

Reelected president and secretary treasurer named

reelected preside n denike Roy D. 'Alaias of Sanesear reelected, secretary treasurer of the society,'

Denike Roy

Congressional Talks Hover Over Tax Bill Exemption

Congressional sources say compromises loom as a $700 exemption faces two major obstacles to passage in both chambers. President Nixon hints he would veto if Gore’s amendment remains, while Mills leads House conferees on the reform bill, seeking tax relief without delaying Treasury outcomes.

Nixon Mills Mio Gore Treasury

Tax plan would raise personal exemption under Gore bill

The Gore tax plan would raise the personal exemption from 600 to 800 over two years. For a four person family with 5000 income the tax would be 12 in 1972 under the new plan vs 290 now. for 10000 income the tax would be 962 vs 1114 under current law. single person would face 1174 under the committee bill.

Washington Sen Alber Gore Senate Senate Finance Cormmittee Gore

Swedish Sex Film Goes To High Court

A Swedish sex film debate centers on privacy in the home versus public decency. Attorneys for Grove Press argue the film’s content appeals to prurient interest and raises questions about rational distinctions in obscenity law.

Peat i Priz Grove Press Gex

Politics Of Hunger Reignites National Debate

President Nixon acknowledged in 20th century America hunger remains a problem and launched a White House Conference on Food Nutrition and Health to advise on alleviating hunger. Congressional probes under Sen Clark and Sen McGovern explored malnutrition, food stamps, and policy shifts amid inflation and war pressures.

Harry F. Rosenthal Associated, Press Washington Nixon America Congress White House Joseph S Clark Vania House Ag Funger Mississippi Americas Agriculture Department Orville L. Freeman Senate Sen Committee On Nutrition and Human Needs George McGovern D-8.d

Also Mentioned on This Page

Stock Market Report By Joe Hall By Whayne Eisenman Busing Wri'er NEW York ‘Exchange Dow-Jones Kids In Toyland oOther Wo Chambers Tennessee Democrat Wilbur D. Mills House, Ways and Means Committee Inéas Notte N.C Bill New York Stock Exchange WHPE
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