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High Point Enterprise in High Point, North Carolina

08 Feb 1974

Page 1

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This newspaper page contains 9 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 08, 1974

Page

1

Market drifts lower as investors await Arab oil meeting

New York stocks eased at noon with the Dow down 4.93 to 823.53 and the NYSE composite slipping to 49.70. Analysts note growing pessimism over the Arab producers meeting next week, while gold gains offset mixed bank rate cuts and some shares swing on earnings moves. Pittston rises after a large block trade, Gulf Oil falls, and Home stake Mining gains on gold strength.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange Ralph Acampora Harris, Upham & Co American Stock Exchange Pittston Lake Gulf Oil Katy CartWa Kennecott Castle C Kroger LearSieg Lehman Aveat Sas Sat AngisLilaé LTV Corp LVQ Corp Marato Isd Cowles Ste CrauHin McDonalds Crown Cork Tae Mecdond Cewzell Curtis Mead Cp Merck MGM Deltaair Dennys Monsanto Pt Sly DillonCs Ib Disney MonPw Vita MorNor Motorola duPont Nabisco NatAirl Ate Uta EastAir Easkoli Echiin Eipasong EliraCpi Nf Steel Exxon Fer & Newml Hiassp Nngas Sao Va FiltralCp Agpans Ty Firestone Northrop Ava AY FatChar Wstairl Admiral Bms Reinaltec Norsin Airco Arkelgs Ya Brewer AllisChal Va Cinerama Dillardst AmCan PacPetri Dixilyn Cor GenMill PacPw Ava Wi Aepw Panhep AmHosp Pasco Inc Ist Essex Chem Amhgci Genesco Inc Ava Va Frontier Air Asmhur Gerber Tava Va Penney Bae We I Getly Pennrail Amt&t Vwva PepsiCo Goodrh Pfizer H — Amp Inc Sourar BK — Wa Gosdyrtr Grace PhilaEl Ampex Corp ApecoCorp PhiPet GrGiant AshdOil Atlas Corp Avco Corp Giiwind Pugspli Quaksto Harte Hk Balge Medenco Ralston P Milga Elect Meublein Beechir Holf Eletra Newldriam Bell How Va Raythen Bendix Hardyian RCA BentiCp HollySug RdgBate NorCdn Otis Homesik la M+ ReichCh Ata Ae Benguet Honywil Boeing BoiseCas ReynMet Paermaner Borden Asissaf Phoenix Idaho P BroWar v Ea IdealBas Sandis Asso S — BuddCo Bulova IBM E. Synler T&t Va Vikoa Inc Singer VLN Corp Ace Iynek Corp Ins Ferest N.C Associated Press High Point High Point Enterprise, Inc Werd-Gattith Company Henel Advertising Represants
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Hostages Freed as Terrorists Leave Kuwait Embassy

Five masked attackers released the Japanese ambassador and 11 staff plus four more guerrillas who then boarded a jetliner bound for Aden and South Yemen. Ambassador Ishikawa said he was thankful for Kuwaiti and Japanese efforts. The nine Japanese staff and two Arab embassy workers were unharmed.

MENTIONED IN THIS ARTICLE

Joseph Panossien Associated Press Kuwait South Yemen Japanese Foreign Ministry Aden Persian Gulf Singapore Foreign Ministry Ryokoo Ishikawa Sabah el Ahmed Japan
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UNC System Adopts New Desegregation Plan

CHAPEL HILL N C AP The University of North Carolina Board of Governors approved a new desegregation plan for its 16 campus system after earlier rejection. Two members opposed, citing federal pressure and lack of specifics. Critics warned the plan could drain white institutions without strengthening black schools.

MENTIONED IN THIS ARTICLE

Chapel Hill N.C University of North Carolina Board of Governors U.S. Department of Health, Education and Welfare W.W. Taylor Raleigh North Carolina Board of Governors Chambers
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Reagan Drops POW Bracelet From Wartime Keepsake

California governor Ronald Reagan has stopped wearing a silver prisoner of war bracelet bearing Marine Capt. Stephen Hanson's name after learning Hanson may be dead. Hanson was shot down over Laos in 1967 and his wife had been told by a returning POW that he likely did not survive.

MENTIONED IN THIS ARTICLE

Sacramento Calif Ronald Reagan Stephen Hanson Santa Ana Vietnam Reagan Hanson Laos
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Hearst Responds To Threat Letter In Hillsborough

Hearst voiced cautious hope that demands in a published letter could be met as FBI agents and family spokesmen examined the missive. Officials in Washington weighed potential spread of Bay Area violence after Foster’s murder, but no action yet without family approval.

MENTIONED IN THIS ARTICLE

Hearst Hillsborough San Francisco FBI U.S Willian B. Saxbe Washington San Francisco Bay Area Foster
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Witnesses slated at Duke Catawba plant hearing

AEC hearing on Duke Power Co. proposed 750 million Catawba Nuclear Power Station near Rock Hill resumes in Charlotte after a recess. Three witnesses supported the plan citing power needs and reserves whereas opponents from the Carolina Environmental Study Group challenge the scale and need. The project would have two reactors and a 2 906 000 kilowatt output five miles north of Rock Hill and 18 miles southwest of downtown Charlotte.

MENTIONED IN THIS ARTICLE

Duke Power Co Catawba Lake Wylie Rock Hill Charlotte AEC Dennis J. Nightengale
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Housewife Wins Bubble Gum War Prompting Change

Connie Ward of Daytona Beach led a campaign against Topps Gum’s Gumniks after her children treated the capsule shaped candy as pills. The company agreed to alter the gum’s shape to resemble a jelly bean and consider a wider recall, while Ward continues pressing for action.

MENTIONED IN THIS ARTICLE

Daytona Beach Fla Connie Ward Melvin Peretz Topps Groupmarketing New York
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ABC cancels Cavett program with radical leaders

ABC canceled a Dick Cavett show featuring four 1960s radicals Abbie Hoffman Jerry Rubin Tom Hayden and Rennie Davis, saying discussions of controversial public issues should be balanced with opposing views. Hoffman called the move a joke and Cavett's team questioned the decision while noting past guests differed.

MENTIONED IN THIS ARTICLE

New York ABC Dick Cavett Cavett Abbie Hoffman Jerry Rubin Tom Hayden Rennie Davis Chicago Hoffman Daphne Rubin Hayden Davis
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Snowstorm Delays Nixon Annual Physical

President Nixon's planned annual physical at Bethesda naval hospital was halted by a heavy snowstorm causing traffic tie ups and a return to the White House. The postponement marks the second delay this year with earlier plans set for Dec 15 and Dec 20, and aides cited fatigue and need for exercise.

MENTIONED IN THIS ARTICLE

Washington Nixon Naval Hospital Bethesda White House Walter R. Tkach Bethesda Hospital Tkach
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Also Mentioned on This Page

Stock Market Report Homestake Mining ASA Ltd NEW York (Ap High Point Enterprise Church Avenue A.P. Stock Associated Brass AE É Ind Ralls Ind Util Fen. L. Yd Woon Prey SluWor Tektrony Teledyn Telex Es Teaneo Texaco TimeMir Timky Todd Shipyd Unocal Unirayal Bila Bae Mw Unity Idva Williams Co Sehen Dow-Jones Averdges Puttic Utilities Oeeaneer Wingusness Peedeversees UNC Lake Wylie Station Frock Hill, D. C APJ Carolina Environmental Study Group Atomic Energy Commission Sufter and Licensing Board Federal Power Commission Duke Power FPC Donald P. Cleary Duke Piedmont South Carolina Darrell Nash Victor Radicals Simon Oregon Hawaii Massachusetts Maryland
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