Stock Market Edges Higher Amid Rate Outlook Hopes
New York stock market gains were modest as investors eyed interest rate outlook. Dow rose about a point with Westinghouse Electric American Home Products and American Airlines among notable movers. Friday's session showed a 3.40 point weekly gain with advances outpacing declines and volume at 23.93 million shares.
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Prison reforms in Alabama and North Carolina reveal stark facility gaps
Federal court orders push Alabama to comply with minimum standards and a robust inmate classification system while North Carolina faces dormitory crowding and space shortages. In Alabama a judge found cruel conditions and demanded capacity limits and guards in living areas. North Carolina struggles with overcrowding, insufficient living space, and inadequate plumbing with beds on floor in Morganton and limited staff inside dormitories.
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High Point Enterprise Ads and Subscription Rates Notice
An informational notice listing subscription rates and delivery details for The High Point Enterprise, including daily and Sunday mail options, carrier and local rates, and disclaimers about independent contractors and advance payments.
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Retirement Pensions Hit New High In Military
Washington AP reports the Pentagon will pay more to retired personnel this year than the Army pays to all active duty soldiers. Pension costs have surged to 8.2 percent of the defense budget and could reach 10 billion next year. The GAO warns costs may top 30 billion by 2000. Over one million veterans receive pensions, rising to 1.3 million by 1980. Retirement pay for E7 and lieutenant colonel figures are cited. Calls for reforms come from within and lobbying groups oppose cutting benefits.
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Central Prison Warden Reports Changes Aimed at Problems
Central Prison in Raleigh remains a focal point of the state corrections system though warden Sam Garrison says reforms have reduced but not eliminated rackets. The 1968 riot followed inmate profits from crafts in the hobby shop and failed incentive wages. Now access to the shop is restricted and wages remain low. The facility holds about 1,400 inmates in a maximum security setting with limited segregation space and undersized staffing for meaningful work.
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Burial Held For McDonald Ex Governor Candidate
Dr. Ralph Waldo McDonald 73, former Bowling Green State University president emeritus, died Friday in Russellville Arkansas. He once ran for North Carolina governor losing to Clyde Hoey in 1936 and to R Gregg Cherry in 1944. Survivors include his widow Athleen, a daughter, three sisters and three grandchildren.
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Ralph Waldo McDonald
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Bowling Green State University
Ohio
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Forsyth County
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Mondale vows NATO funding growth amid Pentagon cuts
Vice President Mondale told the NATO council in Brussels that President Carter plans to cut the Pentagon budget but may increase U S investment in NATO defense. He stressed defense needs amid detente and said planned NATO investments would not shrink. Mondale also promised a separate European Community representative at the spring summit.
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Great Dane Kills 6 Year Old Boy
In Fayetteville a Great Dane attack killed 6 year old Michael Earl Shawn while playing in the backyard with two grown dogs. Sheriff O F Jones said officials will consult legal advisors on what to do with the dogs. The boy was the son of Gregory Shawn. the father is stationed in Korea.
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Carter urges global nuclear ban and swift treaty moves
President Carter calls for a comprehensive test ban and reductions by all nations including those with small inventories. He vows to use all means to stop spreading nuclear arms and signals optimism for a Middle East peace conference this year. He notes Palestinian participation may come with Arab delegations and hopes for more women in top government roles.
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