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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 26, 1972
Page
2
The Dow Jones industrial average falls 2.71 to 892.01 at noon as declines lead advances on the NYSE. Analysts cite Nixon peace proposals criticism and December durable goods orders drop as reasons for a broader market retreat amid a period of downward adjustment after recent gains.
Senators Hartke Kennedy Church and Church support the president’s moves as a path to ending the war. Senator Scott and GOP leaders praise Nixon’s diplomacy, while Rep. McCloskey doubts free South Vietnamese elections and questions any workable withdrawal plan.
Henredon Furniture Industries reports sizeable gains in sales and earnings for the nine months ended December 31. Sales reached 24.76 million, up 15.5 percent from the prior year, while net income rose to 1.53 million or 1.14 per share from 1.17 million or 88 cents. Board Chairman Sterling R. Collett noted figures are unaudited.
President Nixon disclosed long running talks with North Vietnamese negotiators in 13 Paris meetings over 30 months. He defended a six month withdrawal timetable and framed the Mansfield amendment as aligned with administration terms, challenging Democratic critics amid 1972 campaign dynamics.
In a 48 to 46 roll call the Senate rejected an amendment by Senator Dominick to require court action rather than EEOC issued cease and desist orders. The vote followed days of maneuvering as Javits framed the issue as central to the bill with the White House and business groups favoring court enforcement.
Author Clifford Irving and his wife left Ibiza for New York to clear up the Hughes autobiography controversy and respond to a New York court order. Irving claims he compiled the Hughes memoir from months of interviews while McGraw-Hill issued three checks totaling 650000 to Hughes.
Mrs Elizabeth Willard Boles Pike age 58 of 9102 Terrydale Dr Houston Texas died Sunday at Methodist Hospital Houston Born March 19 1913 in Mount Airy She was a former High Point resident and South Side Baptist Church member She is survived by two daughters Levita Starnes and Katherine Weaver of Houston a son Jerry O Boles of Austin two sisters Josephine Gentry Snow Camp and Mae Caudle High Point two brothers Wesley Willard High Point and D J Willard Atwater 12 grandchildren Funeral Friday 2 pm Cumby Chapel Burial Floral Garden Park Cemetery Body arrived in High Point Tuesday and remains at Cumby Mortuary until 30 minutes before services Family times Thursday 7 9 pm at Cumby and at the home of Mae Caudle 1403 Cloverdale Ave.
Five employees were locked in an area near the vault as a man robbed the North Carolina National Bank Queensgate Shopping Center branch on Wilkinson Boulevard. He fled on foot with 11 055 dollars after wearing sunglasses and a floppy hat. a customer freed the employee who alerted police.
The White House releases secret Paris talks details showing Nixon offered to withdraw U.S. forces and exchange prisoners within six months in return for a cease fire and a new South Vietnamese presidential election. Thieu says he accepts the offer while Viet Cong would back election candidates.
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