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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Feb 05, 1974

Page

1

Stock market mixed as downtrend eases at noon

The Dow Jones Industrial Average rose 2.58 to 824.08 at noon after an earlier drop, while NYSE advances led declines 3 to 2. Analysts cited truckers strike, oil embargo, inflation, unemployment, a slowing economy, and Watergate as concerns. Notable moves: Fairchild Camera up, Texas Instruments down, Avon up, Norton Simon down, Essex International down.

David Burke New York New York Stock Exchange Larry Wachtel Bache & Co American Stock Exchange Fairchild Camera Texas Instruments Avon Products Norton Simon Essex International

Unclear Dividend Footnotes and Exchange Rate Notes

The text lists multiple footnotes explaining dividends terms such as annual disbursements, stock dividends, and ex-dividend status. It references symbols like a b c d and letters indicating various payment conditions, while noting special or extra dividends and disclosures linked to financial tables. It also mentions bankruptcy and foreign issues subject to tax considerations.

Neres

Administration Scrambles To End Controls In April

The Nixon administration plans to lift wage and price controls quickly but may not finish by April 30. It likely proposes continuing controls in trouble areas such as health, construction, and food industries, with authority possibly extended beyond April. Director Dunlop will testify before the Senate on the future of controls.

R. Gregory Nokes Associated Press Washington (Ap Nixon Cong Congress John T. Dunlop Cost of Living Council Senate Banking Committee Council

Impeaching Nixon for Neglect Raises Questions

RALEIGH AP The Dean of Cornell Law School says Congress could impeach President Nixon for neglect of duty without a criminal offense. Roger Cramton, ex assistant attorney general, noted impeachment can proceed without a high crime and speculated Nixon might resign, citing public moral indignation as influential. He described White House aides at the time and his role in the Nixon era.

Cramton Nixon White House H. R. Haldeman John Dean Department of Justice Congress

Governor Taps Powell For Seat

RALEIGH AP State Rep Edward L Powell R Forsyth has been appointed by Gov Jim Holshouser to a seat on the North Carolina Commission on the Education and Employment of Women.

Raleigh Edward L. Powell Forsyth Jim Holshouser North Carolina Commission On the Education and Employment of Women

Over The Counter Bid-Asked Quotations Report

NASD inter-dealer quotations at 11 a m provided by E F Hutton list bid and asked prices for American Furniture Anheuser Busch Bassett Furniture Coca Cola Bottling and others. Prices shown exclude retail markups commissions and vary with market changes throughout the day.

High Point E.F. Hutton & Co. Inc American Furn Anheuser-Busch Atlantic Pepsie Ge Bassett Furn Bluefield Supply Cameron Fin Corp Chatham Mfg Coca Cola Bt. Con Daniel Intl. Com D-head Corp. T Henredon J. B. Ivey Burne Life of Carolina Ncnb Corp N.C. Natural Gas Western Inv. Com Phillips Foscue Piedmont Avia. Sie N.C Rex Plastics Royal Scots, Inns A Sout West Knitting

Auto Workers Laid Off Due To Truckers' Strike

DETROIT AP More than 18 500 workers at seven Midwest auto plants suffered layoffs or shifted cuts due to parts shortages from the truckers strike. GM AMC and IH ordered job freezes with Chrysler cutting two plants. Ford reported no impact yet. GM laid off 4 400 Dayton Delco workers and 3 200 of 4 500 at Defiance foundry. AMC laid off 2 500 Milwaukee body plant workers and another line idled at Kenosha. IH laid off 1 000 at Fort Wayne Scout line. Chrysler half shifts for 5 150 St Louis and 4 700 Belvidere workers, with Belvidere closed rest of week. More could follow if the strike persists. GM said Ohio plants face threats.

Detroit Midwest Auto Delco Products Dayton Ohio Defiance American Motors Milwaukee Wis AMC Kenosha Fort Wayne Ind Inter National Harvester Chrysler St. Louis Belvidere

Venus Pictures From Mariner 10 Nears Closest Approach

NASA’s Mariner 10, about 27.5 million miles from Venus, aims for a close pass with a 1108 pound probe. Two cameras begin 30 minutes before closest approach and will take photos for about 17 days as the spacecraft reaches roughly 3585 miles from Venus.

Lee Margulies Associated Press Pasadena Calif Sur Venus Mariner 10 Earth Mariner

Gasoline rationing doubts and Venus probes mix in 1970s brief

A House panel chair warns rationing unlikely as shortages stay spotty and urges motorists to limit purchases to at least three dollars. New Jersey's governor moves to use emergency powers for allocation. Amoco cuts gasoline prices slightly to follow pricing formulas. Separately, Mariner 10 nears Venus after a 107 million mile journey, sending photos and data to study Venusian atmosphere and clouds likely sulfuric acid droplets.

New Jersey Brendan T. Byrne Venus Mariner Mercury Earth Moon Kohoutek Jet Propulsion Laboratory

Hawks suspend Maravich indefinitely for disciplinary reasons

Atlanta Hawks coach Cotton Fitzsimmons announced Pete Maravich has been suspended indefinitely for disciplinary reasons. Maravich, a leading scorer in the NBA, was not immediately available for comment.

Atlanta, Ga Atlanta Hawks Cotton Fitzsimmons Pete’ Maravich Maravich National Basketball Association

Mayor Alioto’s wife found safe after missing in California

San Francisco Mayor Joseph L Alioto announces his wife Angelina has telephoned to say she is safe. Police had issued an all points bulletin after she vanished from a Palm Springs resort 19 days earlier. The mayor, seeking the Democratic nomination, had canceled campaign events since late January.

San Francisco Joseph L. Alioto Alioto Angelina Tom Flynn Aliato Palm Springs Calif California

Nixon subpoena order marks first for a president

A Los Angeles judge signed a subpoena compelling Nixon to testify in the burglary conspiracy case against Ehrlichman aides. The move comes as Jaworski's team disputes evidence of Dean lying. The White House vows to resist on constitutional grounds while considering written interrogatories. Public records note Nixon’s legal costs neared $290,418 in six months.

White House Nixon Jaworski John W. Dean III Dean Los Angeles Superior Court Gordon Ringer John D. Ehrlichman Washington Superior Court Ringer Ehrlichman G. Gordon Liddy David Young Lewis Fielding Pentagon Daniel Elisberg Senate Watergate Committee Secret Service Donald

Also Mentioned on This Page

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