Oil stocks drag market as golds gain on franc surge
Heavy selling in oil shares pulled the Dow to 843.56 at noon, down 11.91, with declines outweighing advances on the NYSE about 4 to 1. Gold stocks rose on a franc float, while Du Pont Walston planned asset sales sparked jitters. Major oil majors fell, Phillips Petroleum, Gulf, Atlantic Richfield, and Standard Oil of Ohio all declined.
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High Point Enterprise Rate Card and Policy Note
The High Point Enterprise announces subscription and delivery rates, advertising representation, and postal terms. Details include daily and Sunday combined, Sunday only, and carrier options, with NC tax, and disclaimers about independent contractor carriers and AP news usage.
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Paracel Islands clash: U S spurns South Vietnamese aid
South Vietnam twice asked the U S Seventh Fleet to intervene in the Paracels battle with China but was refused. Reconnaissance flights were flown at Saigon's request. An American civilian, a former Marine officer, was missing on the overrun island as China claimed victory and called for UN action.
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Associated Press
Saigon
United States
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Paracel Islands
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China
Paracels
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Vuong van Bac
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Nguyen Huu Chi
South Vietnam
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New York
Gonzalo Facio
Costa Rica
Chinese Foreign Ministry
Hainan
Morgan Announces Vacating Senate Seat of Ervin
Morgan declared the seat vacated by Sen Sam J Ervin will trigger a campaign. Ervin, chair of the Senate Watergate Committee, will not seek reelection. Morgan vowed a vigorous race and promised full disclosure of his finances. He named Charles B Winberry Jr as state campaign manager, a 32 year old former Young Democratic Clubs president in North Carolina.
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Senate Watergate Committee
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Young Democratic Clubs
North Carolina
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Monroe
Raleigh
Harnett County
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Wake Forest Law School
State Senate
Senate
Supreme Court allows pregnant teachers to stay at work
The Supreme Court ruled 7 to 2 that mandatory early pregnancy leave rules in Ohio and Virginia schools violate due process by using irrebuttable presumptions. The decision stops sweeping cutoffs but leaves open the possibility of upholding end-stage pregnancy policies.
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Vernon A. Guidry Jr
Associated Press
Washington
Supreme Court Today
High Court
Ohio
Virginia
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Potter Stewart
Public skepticism widens over Nixon Watergate tapes
Poll results show 59 percent doubt the missing 18 minutes prove Nixon's involvement and 60 percent reject Woods erasure as a mistake. A 62 percent majority assign negative marks to Nixon's handling of the Watergate tapes, raising questions about involvement in the cover up.
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Nixon
H. R. Haldeman
Rose Mary Woods
Nixon aides cite fear of prosecution as transcripts leak risk
Senate Republican Leader Hugh Scott on Face the Nation said White House advisers shield Nixon from disclosure and warned that publishing transcripts could jeopardize pending Watergate indictments. He urged full FBI cooperation and access to personnel connected to a taped gap amid reports of erasures on a long tape.
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NBC
Meet the Press
CBS
John W. Dean III
Radio Voice Of Wolfpack Dies At 56
William Eugene Jackson known as B J Jackson the voice of North Carolina State athletic teams for 12 years died at Duke Hospital Durham cancer was the cause He worked at WPTF Raleigh since May 1952 and was vice president and assistant general manager since 1972 He helped organize the Wolfpack Radio Network and served as sportscaster Survivors include widow and three daughters Funeral arrangements were incomplete
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Raleigh
William Eugene Jackson
North Carolina State University
Duke Hospital
Durham
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John Caldwell
Shooting Victims Found Near Wallace North Carolina
The bodies of James Paul Kervin and Ronnie Mack Durst, both 20s to 30s and from the Rockingham area, were found shot to death in a four foot common grave near Wallace North Carolina. They had disappeared December 4 and Kervin's car was found December 5. Authorities say the location was a clearing in a wooded area about 142 miles off a road.
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Wallace
N.C
North Carolina
Dear Friday
Marlboro County
F.M. Stanton
James Paul Kervin
Ronnie Mack Durst
Rockingham, N.C
Stanton
Kervin
Rockingham
Quick Decision On Hearings Reopening Impeachment Focus
Washington AP The Watergate saga intensifies as a business panel urges open government and three leaders push for a rapid impeachment decision. Senators Baker Weicker and Montoya favor resuming hearings on Jan 29 while Gurney opposes. McGovern Javits Reagan push quick action. Scott hints White House transcripts could clear Nixon.
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Washington
Nixon
Senate Watergate Committee
Sens
Jacob Javits
R.N.Y
George McGovern
D-8.d
Ronald Reagan
California
McGovern
ABC
House Judiciary Committee
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