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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jan 05, 1970

Page

2

Dow Advances as 1970 Opening Rally Extends on NYSE

The stock market gains continued at noon with the Dow Jones Industrial Average up 2.71 to 811.91 and the AP 6-stock average rising as analysts cite lifting tax loss selling and a Chamber of Commerce forecast that the economy will slow yet avoid a recession. Trading remained active with advances leading declines across sectors such as aircrafts utilities and rails. A block of 96,800 Motorola shares traded at 134 before paring loss.

New York Associated Press U.S. Chamber of Commerce New York Stock Exchange Motorola

North Carolina and South Carolina Weather Outlook

Forecasts warn of snow in North Carolina mountains and mixed precipitation inland and along the coast. Travelers urged to prepare as freezing rain sleet or snow possible tonight and Tuesday with temperatures mainly in the 20s to 40s and colder nights ahead.

North Carolina Piedmont South Carolina

Moonshine raid destroys 10000 gallon still in Yadkin County

Yadkin County sheriff Charles T. Spear reports the largest county raid as 10000 gallons of mash and 500 gallons of whiskey were destroyed. Thomas Swink, 23, was arrested and released on bond as investigators say three stills were found inside two tobacco barns.

Yadkinville N. C Yadkin County

New York Stock Exchange Indexes Reported At Noon

The noon report shows mixed performance across sectors on the New York Stock Exchange. Industrial stocks edge higher while utilities and finance sectors show declines amid fluctuating market activity.

New York New York Stock Exchange

Henredon to pay 15 cent quarterly dividend

Henredon Furniture Industries announces a regular quarterly dividend of 15 cents per share. The payment date is February 1 and the record date is January 9 for shareholders.

Henredon Furniture Industries, Inc

Hanes promotes Michael E Murphy to corporate controller

Michael E Murphy, manager of planning for Hanes Corporation in Winston Salem, promoted to corporate controller. He joined Hanes last June after seven years at General Foods in White Plains New York, where he was manager of financial planning and analysis for Maxwell House Division.

Michael E. Murphy Hanes Corporation of Winston-Salem Murphy Hanes General Foods White Plains N.Y Maxwell House

12 Killed On Tar Heel Highways

North Carolina saw at least 12 highway deaths during the New Year holiday period. The toll was below the North Carolina Motor Club forecast of 25 and under last year’s corresponding span. Victims include Melvin Humphreys and Dorothy Humphreys of Roanoke Virginia and other locals across Wilson, Asheboro, Rocky Mount, and Ayden as the 1969 traffic deaths rise.

North Carolina North Carolina Motor Club The Motor Club Tar Heel State Highway Patrol Melvin Zachary Humphreys Dorothy Chittum Humphreys Wilson County Gerald Edward Warner Willie Earl Pittman Whitakers Edgecombe County U.S. 301 Bobby Gene Viverette Rocky Mount Wilson

Volunteers Viewed As Unworkable

Washington AP reports defense officials doubt a presidential commission’s all volunteer force is realistic paying higher lower-rank pay while cutting fringe benefits. They warn retention after first enlistment and fringe-cut measures may undermine the goal.

Washington Defense Thomas Gates Nixon Vietnam U.S Melvin R. Laird Pentagon Presidential Commission William H. Meckling University of Rochester Commission The

Agnew Sows Clarity On Nixon Doctrine In Asia Tour

Vice President Spiro Agnew presses the Nixon Doctrine during an 11 nation Asian swing. He tells Philippines Vietnam Nationalist China and Thailand leaders the U S will stay engaged but urges greater local defense burden. Thai officials say they can handle their insurgency without U S troops. China shows mixed results.

Bangkok Spiro T. Agnew Nixon U.S Asia Agnew Guam America Nepal Philippines South Vietnam China Thailand United States

North Carolina names 22 member criminal law study group

Atty Gen Robert Morgan named a 22 member committee to study overhaul of North Carolina criminal law. The panel will meet to analyze revise and report by end of June with $30 000 from the Law and Order Committee to finance the study directed by Asst Atty Gen Sidney Eagles.

Raleigh Robert Morgan North Carolina Morgan Governor's ‘Law and Order Committee Asst Sidney Eagles

Igloo and hot water save Arctic helicopter duo

Brendan Kilmurray and Roland McNeil survived 12 days after a helicopter crash in the Chandler River area by living in an igloo and boiling snow for hot water. They hiked out New Year’s Day with minimal food, crossing a whiteout and extreme cold to reach safety near Amiat.

Anchorage Alaska Brendan Kilmurray Roland McNeil Arctic Umiat Chandler River McNeil Grandview Wash Kilmurray New York City Amiat North Slope Prudhoe Bay

Nash Jewelry and Loan Company Ad Promises Local Trust

A High Point owned business boasting service to millions, touts its local roots and pride. The Nash Jewelry and Loan Company at 127 North Main Street claims strong community ties and cash savings.

High Point Nash Nash Jewelry and Loan Company N. Main Street

Also Mentioned on This Page

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