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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 15, 1970
Page
2
Stocks were lower in mid day trading with the Dow off 3.77 to 783.39 as selling pressure grows. The AP 60 stock average fell 0.8 to 270.5 while major sectors such as motors and airlines declined and tobacco stocks rose. Brown Co. advanced after reporting higher November quarter earnings.
Quotations from the NASD show representative inter-dealer prices around 11 a.m. Acknowledges markets change through the day and notes prices exclude retail markup markdown or commissions.
Noon trading on the New York Stock Exchange showed mixed movement across sectors. Industrial shares edged higher while transportation and utility groups posted slight declines amid modest gains in select listings.
The Defense Department reported on Wednesday that Air Force 1st Lt. David B. Bowling of Statesville North Carolina was killed in action in Vietnam.
The forecast notes modest temperature changes with partly cloudy skies for North Carolina tonight and Friday and a chance of rain or showers mainly in the southern mountains. South Carolina expects cloudy skies with light rain or showers and possible sleet in the north. Virginia shows heavy cloud cover west and lighter east with lows in the teens to 20s and rain chances west Friday. Georgia remains mostly cloudy with occasional rain or drizzle and near steady temperatures, higher in the south and lower in the north.
About 1 600 aboard the luxury liner Oronsay are in voluntary quarantine in Vancouver seeking the typhoid source after six crewmen fall ill. Three hundred travelers not allowed ashore await accommodation on Oriana as health workers test crew members and search for a carrier among food handlers. The voyage began in London December 16 and calls at Caribbean ports before California and Vancouver.
LAS VEGAS Nev AP a nuclear scientist reports good news for conservationists who fear that using nuclear explosives to build dams canals and harbors will pollute the earth with radiation. Dr B Clark Groseclose of the University of California Lawrence Radiation Laboratory at Livermore Calif said Wednesday final tests are under way in Nevada on a nuclear explosive for underground use that is virtually free of harmful radiation. Development of the explosive he said is the result of years of research to find the right combination of nuclear reactions fuels and shielding. Even cleaner nuclear devices can be built he said but their size or cost might be prohibitive for industrial purposes.
Observances mark the 41st birthday of Martin Luther King Jr with ceremonies in Atlanta at the King Memorial Center. The $10 million project expands into a knowledge history and culture hub across two locations, featuring a memorial park and a Freedom Hall. Dignitaries include Mayor Sam Massell and Dr. Benjamin E. Mays. National events include classroom closings and marches in multiple cities.
Retired General Victor H. Krulak told the Hong Kong Foreign Correspondents Club that Peking is near completing an advanced plant for explosion material for high yield hydrogen bombs and making fast progress in missiles to carry nuclear warheads. He forecasts a 6000 mile ballistic test within 12 to 15 months and notes China lacks U.S. and Soviet stockpiles but can produce several thermonuclear weapons annually. Krulak heads Copley News Service and has advised the U.S. government on Chinese nuclear efforts.
In Geneva AP dateline Gen. Ojukwu charges Nigeria aims to force Biafra under a guarded iron curtain to prevent observers and aid agencies. He calls for a neutral force and reiterates Nigeria’s genocidal intent while declaring Gowon will exclude humanitarian access.
Acting ICC chairman George M. Stafford rejects claims the Interstate Commerce Commission favors the industries it regulates. Nixon designate Stafford says there’s no basis for favoritism and notes no clear evidence in conferences or votes.
The Winston-Salem Forsyth County School Board voted 4 to 2 to desegregate teaching staffs by January 26, start of the second semester. About 500 of 2,100 teachers will be transferred to achieve roughly three white to one Black teacher in each school.
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