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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 06, 1970
Page
2
Stocks rose slowly on light volume with the Dow at noon around 750.66 as traders await a possible Fed easing. General Instrument led active issues with a 2 percent drop on a large block trade while Motorola rose amid expectations of higher 1969 earnings. Telex and Memorex slipped after earlier rebounds.
AP compiled list shows mixed closes with Alcoa and Adams among top movers. Notable highs include AtlasCorp and AMBAC while AmHess and Avnet Inc posted varied finishes. Several entries show fractions and unclear figures due to OCR garble.
Stock market report shows BucyEr up 1.20 and Budd Co up 0.80 while Bulova W gains 0.60 and Burl ind advances 1.40. Burrghs and aead listed without clear movement in this fragmented excerpt.
The AP delivers a noon snapshot of American Stock Exchange quotes listing Air West Am Petro AtlasCorp and many others with price changes. Notes explain dividend types and symbols, including extra dividends, stock splits, and forthcoming distributions, with a long legend of footnotes.
Forecasts show cloudiness and generally fair weather with little temperature change across the region through Saturday. North Carolina highs 47 to 55 daytime, lows 26 to 35, with cooler trends midweek and light precipitation possible mainly in the east.
District Court Judge Ed Washington continued the obscenity trial of Carl VanNorman to two weeks at the request of his attorney. VanNorman, of Winston-Salem, was arrested Tuesday at the High Point Book Mart on Place, a newly opened store.
Israeli warplanes sank an Egyptian minelayer in the Gulf of Suez during attacks on Suez Canal targets. Egyptian frogmen had previously damaged Israeli ships at Eilat harbor.
President Nixon and a Cabinet team focused on pollution and urban issues during a Midwest trip. Aboard a jet to Chicago he toured a pioneering Hanover Park sewage plant and met nine mayors in Indianapolis, aiming to blur government distance from the people and push a 1970s environmental push.
Charlotte sanitation workers seek reinstatement of 11 dismissed colleagues and demand a policy barring pickups below 20 degrees. After Friday talks failed, the AFSCME union planned to pressure Veeder and rally at City Hall while police guarded the building.
Senator Gaylord Nelson introduced a bill to ban interstate sale of eight chlorinated hydrocarbon pesticides linked to DDT. The package targets dieldrin aldrin chlordane endrin heptachlor DDD DDE lindane and toxaphene citing long term environmental harm especially to fish and wildlife including Lake Michigan concerns.
Three NC colleges including Wake Forest Guilford and Greensboro College announced tuition hikes for the upcoming year. Wake Forest will add 150 for residents 300 for nonresidents with Bowman Gray Medical School fees up 200 and summer tuition up to 120. Guilford raises 250 annually and Greensboro College 200.
Cameron West of the Board of Higher Education says HEW may call on North Carolina to dismantle its dual system. HEW regional director Eloise Severinson will assess campuses after a year to ensure compliance. She notes nondiscriminatory admissions alone do not erase past segregation and urges corrective action at UNC and state universities.
In Cleveland a federal grand jury indicted Annette Gilly 29 and her husband Paul Gilly 36 along with Aubran Martin and Claude Vealey in a murder for hire plot tied to Joseph Yablonski and his family. The case links to the Jan 5 killings in Clarksville Pennsylvania.
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