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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 07, 1971
Page
3
Cold air settles across North Carolina with lingering clouds and slow warming. Interior clears today but arctic masses keep daytime temperatures modest. outlook shows Saturday to Monday with sun, then increasing clouds and chances of showers, especially east. Lows in teens to 40s, highs 30s to near 70 coast, minor precipitation chances.
Dreaming of chances that slipped by in earlier days, a warning against dwelling on what could have been. The piece urges seizing present opportunities to shape a better future.
A ten hour explosion sequence wrecked a central coast ammo dump at Qui Nhon killing three South Korean workers and injuring seven Americans and nine Koreans. About 15,000 tons of ammunition were stored. authorities said a third of the stockpile was destroyed. The cause was under investigation and blasts continued to burn.
Forecast calls for clear to partly cloudy and cold interior sections with snow chance limited to the mountains. Coastal areas stay cloudy and cold through Friday with possible showers along the coast today and Friday. Highs in the 30s to 50s and overnight lows from the upper teens to near 40 on the coast.
Three North Carolina banks reduced their prime rate to 6 percent and more banks may follow. Wachovia Bank & Trust and Bank of Asheville and Northwestern Bank of North Wilkesboro announced the cut, with NC National Bank of Charlotte considering a similar move. New York banks also cut prime rates and Chemical Bank of New York lowered personal loan rates to 1968 levels.
Gov Ronald Reagan's administration placed the 1200 acre Squaw Valley ski area in the Sierras on the auction block amid annual state losses of up to 300000. Bids open April 2 as concession leases through 1988 must be renegotiated.
Authorities investigate a possible link between three grocery robberies that left two proprietors dead. The Martinsville area shooting occurred at a small shop on Virginia Highway 58. Winston-Salem saw Roy Minor killed after locking up his store, and Statesville reported a man and a woman pistol whipped. Police issued a warning for two suspects driving a blue gray 1962 car with Pennsylvania or New York plates.
North Carolina hog producers plan a Washington D C pork parade dubbed Operation Pork Chop sponsored by the National Farmers Organization. Carlton Hyman of Tarboro says the effort targets Nixon aides to raise hogs to market weight and sell at 15 cents a pound.
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