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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 14, 1972
Page
2
The Dow Jones industrial average climbs 0.3 to 905.48 by noon with banks cutting prime rates from 5 to 4.5 percent. While electronics and rubber lag, airlines gain and overall trading remains mixed as investors stay on the sidelines.
Senator Kennedy announced he will enter the Massachusetts Democratic presidential primary and will campaign vigorously for the party's nominee. He already planned runs in Florida and Wisconsin and endorsed the polls showing Edmund Muskie as front runner. Muskie attacked Nixon's policies in Berlin New Hampshire, calling them a disaster. Republican challengers Ashbrook and McCloskey criticized Nixon and urged monthly accountability Sessions. Wallace's Florida bid drew swift Democratic criticism from Lawrence O'Brien who warned the campaign could cloud the field.
John Paul Jones did not hold admiral rank in the U S Navy. A move to promote him to rear admiral was defeated. He did serve as rear admiral in the Russian navy indicating mixed naval honors.
The University of North Carolina faces the University of Virginia in Charlottesville at 2 p.m. Saturday. The top ranked teams contest was delayed earlier but will be televised.
Deputy Joe Colvin and volunteer deputy Jerry Pruitt spotted a large furry gray figure at dawn near Drexel in Catawba County. They described it as six feet tall with a fur coat over its head, turning and walking into the woods before disappearing.
Secretary of the Army Robert F. Froehlke warned in Vietnam that Communist forces may stage spectacular attacks in Indochina for political purposes ahead of the U S election year. He said Hanoi and Viet Cong leaders are aware of Nixon's China trip and may try to influence outcomes while noting most such actions would likely fail militarily. He praised Vietnamization, reported troop morale as generally good, and said he would visit Bangkok next as part of his Pacific tour.
North Vietnam moved mobile surface to air missile launchers toward the DMZ as U S air forces fought near South Vietnam borders. An F105 escort and a Shrike missile strike targeted a launch site close to the coast while an OV10 was fired upon over Sepone but dodged the attack. Ground fighting intensified with 24 more enemy attacks, totaling 110 in four days across central highlands coastal plain and Mekong Delta.
A pickup veered off a rural road striking three youths in a trailer park drive near Greensboro. Thomas Wayne Horne 9 died. R Wayne Sharpe 7 was hospitalized at Moses Cone Hospital. Steven Michael Gero 16, Southeast High School pupil, was the truck driver. Remaining brother James Horne unharmed.
President Nixon announced 70 000 more troops would be pulled by May 1 reducing U S forces in Vietnam to 69 000 by that date. He signaled a likely mid April announcement to withdraw another 35 000 to 45 000 and shift remaining troops to an advisory role as MACV would be downgraded.
The Pay Board adopted an 8 percent first year raise retroactive up to 26 weeks and a 7 percent second year raise plus a cost of living increase for aerospace contracts. Union leaders threaten court action for full 12 percent now. Only two board members opposed.
Scheuer, part of a seven man congressional subcommittee, says the Soviet move to expel him came just before a planned two week visit with President Nixon. He denies distributing materials and asserts he would not violate any laws. He was detained in Moscow briefly, then released and later believed to be in Leningrad.
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