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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 07, 1971
Page
2
Stocks advance on broad gains with the Dow up 5.48 to 897.78 and the AP 60-stock average up 1.1. Big blocks traded include CNA Financial 101,000 shares and Campbell Soup 55,700 shares while Grumman drops 1 to 16.5 after Proxmire cites cost overruns.
Adams-Millis Corp directors met Tuesday and declared a five-cent dividend on common stock. The dividend is payable Aug. 2 to holders of record July 16.
The North Carolina House approved a bill granting career teacher status after three satisfactory years, with dismissal only for cause after a fourth year. It also moved a citizenship restoration measure for felons, and enacted changes to ad valorem tax funds and party affiliation requirements for primary candidacy.
The North Carolina Senate approved a bill to create a 15 member licensing board to regulate day care centers with minimum standards for sanitation space and staff ratios. It would authorize two license types and include five officials five for profit operators and three parents. The measure moves back to the House for concurrence with amendments.
A reflecting column argues men must push forward to succeed or retreat. It frames progress as personal duty and social pressure, warning that obstruction invites exclusion. The piece locates growth in decisive action and self reliance amid competitive norms.
Report notes that many married couples buy numerous labor saving devices or both spouses must work to pay for them, highlighting financial strain and consumer culture impact.
James R. Hoffa and his successor as Teamsters President press for parole after severing ties with the union. The U S Board of Parole is to consider his request for another review, needing two affirmative votes to set a June rehearing.
Louis Armstrong died at 71 in Queens after years of health problems. Tributes poured in from Duke Ellington, Bing Crosby, Ella Fitzgerald, Count Basie and many others as New Orleans mourned its jazz icon. Presidents and entertainers praised his American genius and worldwide influence.
A House Insurance committee defeated repeal of compulsory auto liability laws in a study commission bill. Rep. Jack Rhyne proposed a substitute removing the rate fixing change while keeping consumer protections. An amendment by Rep. Sneed High deleted repeal sections and defended keeping compulsory insurance.
The Coast Guard continued the search for two men and the 10 year old daughter of one of them after their 19 foot boat was found partially submerged off Cape Fear. Six of eight lifejackets were recovered and an ice chest was found as the search involved Coast Guard and Marine helicopters two ships and private vessels. The missing are Fred Walker of Wrightsville Beach Sidney Cashwell of Wilmington and his daughter Fay. Cashwell had said they would fish several miles northward to Morehead City.
Ashe County sheriff identifies victims Charles Steven Davis age 17 of Laurel Springs and Stanley Osborne age 15 of Sparta. They drowned while assisting Alton Darnell and Johnny Davis after Darnell’s fishing line snagged in the New River.
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