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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 02, 1969
Page
2
The AP Business Desk led by ED MORSE reports on market movements with stock indices, trading volume, and key sector shifts. Analysts weigh earnings, economic data, and corporate actions influencing shares, bonds, and commodities as the session closes.
NEW YORK AP The stock market opened higher on Thursday as the Dow Jones and other indices rose on improving but uneven data. Traders noted gains in industrials and some blue chips while cautions lingered over rate moves and the pace of economic expansion.
Deputy James Campbell reported a triple shooting at 10:24 p.m. Wednesday as a frightened crowd described a violent incident near Westernville New York. Injured victims including Cynthia Ann Ringrose 11 and Margaret Turke 62 were hospitalized in serious to critical condition while crews scoured a snowbound 20 mile radius aided by state troopers and sportsmen.
The mother reported a black sedan backing from a driveway with a man shouting Let’s go. Relatives feared a kidnapping. Marina, from a divorced family, had recently graduated Los Angeles High and was visiting home from the University of Hawaii. The father was en route from Zurich. Habe was a noted journalist and novelist with Vienna ties.
In Paris AP reports gasoline prices rose to about 85.65 cents per liter as government austerity measures lifted taxes on various consumer goods. The article notes drivers faced higher auto prices and inflation control plans amid a quiet market.
Raleigh AP report says State Sen. Tom White denied billing the North Carolina Democratic Party for 15,000 dollars claiming the amount cited in reports was for various legal services and not payment to him. Barbour and Johnson would not disclose exact figures, and White insisted he was paid only for attorney's fees in a case involving a racial challenge.
City Council delayed a vote to close a segment of Centennial Street needed for a new High Point post office. The action was postponed two weeks to clarify gas line easement issues with Piedmont Natural Gas Co. and possible relocations before street closure.
A study commission led by Charles Hayworth recommends North Carolina not split the Department of Conservation and Development. Authorized by the 1967 General Assembly, the panel found some divisions could stand alone but many smaller units could not. Hayworth notes balance between conservation and development as key. The report was submitted to Gov. Dan Moore and awaits the new governor's review.
The City Council's finance committee was directed to begin negotiations with Guilford County for High Point's share of the City County Building. Mayor Robert Davis named the committee and appointed Councilman Harold Craven to join. Frank Hunsucker chairs the group as the county seeks to purchase the city’s stake to house the new District Court.
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