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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 06, 1969
Page
18
Dow Jones industrial average slips 8.52 to 943.37 at noon as losses lead in a broad market decline. Big names suffer with IBM down about 10 points amid legal fears and continued market unease from higher rates and tighter credit.
A deciphering guide lists numerous dividend status codes and notes for New York Exchange figures. It defines terms such as ex dividend, stock dividend, liquidation dividend, and various year specific designations, including provisions for futures and special distributions.
The AP compiled stock index averages showing noon values and changes. Figures include daily, week, month, and year comparisons along with 1966 to 1969 highs and lows for various measures and components across multiple listings.
Market update shows mixed moves as industrials and utilities shift. Dow Jones averages edge higher on some components while rails text suggests small gains and declines.
Forecast covers North Carolina South Carolina Virginia and Georgia. Temperatures vary by region with mountains remaining chilly and coastal areas mild. Snow flurries possible in North Carolina mountains tonight with periods of rain or mixed precipitation later in the week.
A House subcommittee warns that if the Paris peace talks fail there is no alternative to an all-out military effort to end the war. It notes the bombing pause enabled North Vietnam to stockpile supplies and that logistic advantages would extend the conflict. The report covers U S pacts in Latin America and Australia New Zealand and calls drawdown of assets ending with reversed materiel flow.
A 2 am dwelling fire on the corner of W. G. Drive and Redding Street caused extensive damage. Amos Hardin 17 Pansy Hardin 22 and Frances Hardin 2 narrowly escaped death when a back door was locked and they fled via a bathroom window. The boy fell or was pushed into an oil circulator spilling fuel which ignited. They were treated for minor cuts at the hospital.
City police investigate a first degree burglary at Russell Street apartment and sheriff's deputies report $2,000 in checks stolen from a Jackson Lake Road business. A separate break in at Clara Cox Apartments yielded $6 cash and car keys as a 16 to 17 year old black male fled after being spotted by the resident. Investigations continue.
North Carolina delivered its 13 electoral votes in Raleigh with twelve for Nixon and one for George Wallace. A last minute pickup brought signed ballots to Washington after the strokes of deadline. GOP charged Secretary Eure with failure to guide the electors. Eure defended lack of legal requirement for instructions.
Gov. Bob Scott spends a quiet Sunday at Hawfields church in Alamance County with five children while first lady Jessie Rae Scott remains in Raleigh after an ankle sprain. He aims to tackle office appointments and prepare for Jan. 15 legislative start.
Moscow reports the unmanned Venus 5 spacecraft launched on a 155 million mile flight aiming for a mid May soft landing on Venus. Tass notes Venus 5 was photographed 90,000 miles from Earth by an observatory near Alma Ata and the pictures were received in Moscow with good quality.
Corazon Amarao 25 married Alberto Atienza 22 in a simple Roman Catholic rite in San Luis Batangas. She recalled the 1966 Chicago nurse massacre as a nightmare and now works at Far Eastern University hospital while Atienza, a law graduate, hopes for bar exams and possible study in the United States. She is the town council's only female member.
Burlington Industries reports 1968 sales of 1.6 billion dollars, up 19 percent from the prior year, and earnings of 3.10 dollars per share. The firm runs over 130 plants in 98 American cities and 11 foreign countries, with four new plants completed and 125 to 150 million dollars planned for 1969 expansion.
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