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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 09, 1970
Page
2
New York stocks slipped in quiet trading with the Dow at 799.89, down 2.18, and the 60-stock average at 275.4, down 0.3. Volatility came from a few active issues while investors awaited President Nixon's State of the Union and budget messages.
The stock market shows volatile moves as New York exchanges register mixed results with notable gaps in prices. Traders monitor energy and tech sectors amid shifting investor sentiment and periodic gains.
The page lists noon prices from the American Stock Exchange and New York, with multiple tickers such as Aerojet Air West Am Petr AO Indust and more, showing high low and last prices, percent changes, and a long footnote explaining dividend types and special payments. It notes that 1970 sales figures are unofficial and details numerous abbreviations for dividend and distribution types.
North Carolina shows cold nights with zero to 15 below in the mountains and teens near the coast, with gradual warming through Saturday. South Carolina remains very cold tonight then sunny and slightly warmer Saturday, with mountain lows near zero and coastal teens. Georgia stays very cold tonight, then fair and milder Saturday with lows from zero to 20s and highs in the 25 to 42 range regionally. The five day outlook for North Carolina highlights below normal temperatures with highs 37 to 45 and lows mainly in the 20s to 30s, with light precipitation mainly Sunday to Monday and midweek.
The 16 year old missing boy, Richard Long, was discovered in woods near Roanoke Rapids. Halifax County Sheriff Rubin Daniels identified him and described the death as related to personal safety. A shotgun was found nearby. Long was a student at a private school in Spruce Pines and was to return after Christmas.
American forces continuing a sweep down Black Virgin Mountain clashed with North Vietnamese troops entrenched in caves. Field reports record 110 NVA deaths over two days, with U.S. losses at two killed, nine wounded and a helicopter down. Allied action across Vietnam notes near 200 enemy Viet Cong killed and six planes lost since January 1961.
Vice President Agnew indicated the United States would assist the Commonwealth effort to keep the Singapore Naval Base after Britain withdraws next year if asked. He ruled out US ground troops for Malaysia and said no request had been made by Malaysian leaders. He noted selective support for regional groups in our Pacific interest and confirmed continued US defense commitments in Asia. He met President Yusof bin Ishak and presented moon rocks and an Apollo 11 flag.
Vice President Spiro Agnew concluded a two day stay on the island with a session aboard in Singapore meeting Prime Minister Lee Kuan Yew. Unlike Malaysia, Singapore offered a relaxed welcome with streets lined by townspeople and an open motorcade. Agnew planned to depart Sunday for Bali and said he proposed Afghanistan leaders use their neutral stance to help ease US Soviet relations.
Four soldiers face formal premeditated murder charges linked to the My Lai massacre. Sgt. Charles E. Hutto and Pvt. Gerald A. Smith are also accused of rape and indecent assault, with grand jury review looming before potential court martial.
The Viet Minh general Giap argues for using smaller, mobile forces and protracted warfare to outlast a stronger foe. He warns against mass deployments due to allied detection and emphasizes adaptive tactics over rigid old schemes. He signals possible shifts back to political aims after max military effort.
Enfield, N C Royal Industries Inc announces a $1.5 million plant to be built in Enfield to produce automobile safety plate glass windshields and tempered plate glass products.
A 20 year old Frenchman named Belon seized a Trans World Airlines jet with 19 others, firing at the cockpit and forcing diversion to Beirut. He claimed to protest Israeli raids and hatred of Americans, and was arrested without further bloodshed after a brief confrontation.
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