High Point Enterprise Newspaper Archives Jul 14 1976, Page 2

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High Point Enterprise (Newspaper) - July 14, 1976, High Point, North Carolina 1 la High Point Enterprise. Wednesday july 14,1978business and financial new Stock Market report Reagan seeks support in Ford strongholds new York i af11 the Stock Market was mixed today. Probin for direction after a pullback tuesday that Cut abort a Sharp rally a a a the noon Dow Jones average of to industrials was Down 82 at 1.005 24 gainers held a 5-4 Lead Over losers among new York Stock Kex Orange listed issues brokers noted some Dis a appointment on Wall Street Over the Market s inability to i continue1 climbing after the f of hit its highest closing c level in nearly 3mi years on Munday a am bean airlines was the most act in big Board Issue. A up a i at 15on tuesday the a to Flany announced it had prepaid the remaining $16 25jillion outstanding on a note put Hose agreement with general electric. F in tic nose s composite in i to of More than 1,500 com. Mon stocks advanced la to $46.64. At the american Stock a Exchange the Market value Jaq Fht gained r4 to 107.08 volume on the big Board a tapered off sharply with 8 91 mail id shares trading in the two hours against 13.35 Refl Jon in the like period tuesday. Holding the Dow Back was a 14 pop to to in the shares jute National Raper the Tromp any filed for an offering of 2.z5 million new common shares in from on the other hand. Roi fax to 279 As the company issued the Bright quarterly earnings report t. 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And Sai no a v a a / too s2i of $10 so s3 50 a Wonov to Fly Hijo 19 to s4 55 s 50 by terrier we to men Thuv to so or s42 of a Fol a inscription a n c subbed to 4s, a or to v the Amo. 0490 press is entitled to me Oil Tor he Jului Hon of on Loco news a of info in Jolt newspaper at we As All it a r>ei�5 dispatches a to reas Inonu coast matter Ai me f a �7#ice, blah Pool n c under i Alf March i 1879 Tim it on 0 Eli i postage paid a Uhl Fugh print n c a a each him. 4 and a contractors Ana try i. Ate. Or 1 Srim it not ur6d.ante t. A p o Sage to them or or Tat up. Home of Quot very 1 at. A Ink at Corner a a. Word or Iff a company yet. Adv a of my rep be a it it of. Little mint to wet co Mack s stores mom a pop s multimedia a cab Lorp n c nature Gas Northwest Fin inv it Northwest Fin corp i Occidental lit ins Peoples by Watt Ray i Phillips Foscoe 1 pro corp piece goods shops Piedmont aviation Ped Mon reit units Pinkerton club planters Nufi Bank pubic Ive of n c Quality Mills a Mac corp i raid provident labs Republic Auto parts wih around prod rival mfg re plastics Salem carpet Sec merchandise i Shones big boy Sunico products i so Natl corp Sou film ext i Sou Natl corp super ooh. Stores i Gelerent leasing textiles inc thalhimer Bros Triangle Brick 1 Trion inc j Uniti inc in Caro Benesh a Matei National a Natl Bank b 8 Walker shoes Washington group West knitting corp White she in co w x Carp i Wright machinery 2 3 la is 21 164. I 15 6 44. 2 la 1 a 3 a 96 22 4 19 Vijh la 134. 12 24 6h 9 Jwa to 4 23 4h 7h is 56 37 la it 21 la 24 6 19 4 7 6h 14 14 Tor 2ih la a h eth 6 Tell ii it a 3 in 3 33 a the 4 4h 3 is it Ion id 1 3 Ion 4 77 the she ish in. 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La he 11 1/4 23 a 23 23 19 19 19v. 17 16 17 a 45 45 45 is 22 22 a 72% 26 26 26 it 5 5 4 54 27 27% 77 a 6 5 5 73 23i 2b/4 37 36 37 7 in 7 24 4 24 34 a a 62 61 614 16 16 16 33h 33 a 33% by Doug Willis associated press writer los Angeles a Ronald Reagan headed for two of president Ford s strongest states today in his Hunt for delegates to the Republican National convention. The former California governor hoped to trim Ford s lopsided majorities in new Jersey and Pennsylvania with a series of speeches and private meetings with uncommitted delegates and delegates who might switch from Ford to Reagan an associated press Delegate count shows Ford ahead of Reagan by 33 delegates nationwide. 1,032 to 999, with 1,130 needed for the Republican nomination for president next month in Kansas City. Reagan in a statement issued tuesday by his Campaign Headquarters in Washington said that once the convention begins he will not Challenge the credentials of any Delegate. He urged Ford to pledge the same in the name of party Unity. The manner in which we conduct our National convention must give the american people Confidence that the Republican party can govern honestly decently and effectively Over the next four years a the statement said. In a separate development reports on file with the Federal elections commission showed that Reagan a Campaign has taken in More Money and spent More than the president s. Reagan a forces for die six months ending june 30, collected almost $13 2 million mostly in contributions and Federal Matching funds the reports showed. The Campaign spent about $13.1 million for the six month period. Delegate totals Washington a Here Are Delegate votes by candidate based on binding requirements or stated preferences of delegates selected so far for the National party nominating conventions Republican Ford 1,032 Reagan 999 uncommitted 172 other i total chosen to Date 2.204 needed to nominate i. 130 democratic Carter 1,794 Udall 3165 Brown 281 Jackson Humphrey Wallace Church other uncommitted total 165 51 40 34 32 294.5 3.008 needed to nominate 1.505 Republican totals Are based on current allocations or preferences of All delegates except 35 to be selected in Connecticut and 20 in Utah. Democratic totals Are based on current allocations or preferences of All delegates. Ford s Campaign for the same period attracted slightly More than $11 million again mostly in contributions and Federal Matching funds. The presidents committee has spent $10.9 million. New Jersey stands 67 to 0 for Ford in the a Delegate count and Pennsylvania is 72 to 5, with 25 uncommitted and one for sen. Howard Baker of Tennessee. In both states the delegates Are legally uncommitted. Even a modest switch in those two states could wipe out the presidents Lead because the combined gop Delegate total of the other 48 states is 994893 in Reagan s favor. Later this week Ford plans to visit the Connecticut state convention where he is favored to take most or All of 35 delegates and Reagan plans to visit Utah where he is favored to win the last 20 delegates to be selected nationwide. By the end of the week. Ford could close to within 70 delegates of the nomination. With Reagan close behind state department says Vietnam May seek domination i7h 18 18�? 30�? 8 40 a 30�?T4 52h h 59 5 20&Quot, 14 4 it 14 he to a 2 71 4h 24 5 2 16 58 39 ill 19 72 ii 3 5 6h in 4h 2 7 i5"4 15"4 21v 23. 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A 75 34 34 a 344 155 78% to. 78% 4 99 29 29 29 34 45 44 a 45 72 16 16 4 16 to 54 s3h 54 126 62 a 61 62%�? 27 17h 17 17% 13 16 15 16 310 40 40 40. 112 19 19% 19h a 53 98 a 98. 98% 17 ish 15h 1 so 48 20 19 20 13 5 5 5 a 6 30 to 30 4 120 35 344 35 a 76 17 Ian 164 16 17 17 17 i 64 64 64 r a r 351 29 29 a 29% 22 52 51 51 17 114 ii he 3 6 4 a Aiu a 3 23 63 63h 63 23 20 19 to 3 a 174 174 4 29 j2h 37 j7h 176 12 a 12 a 12 i 64 874 87h 87h 248 60% 60 a 60 a 19 39 38 a 39 a 22 31 31 Al i 6�?Tx 64 64 5 19 8 19 a 19 95 48 48 48 4 356 13 i j 13 _ j a 82 19 a 19 19 4 13 40�?T 40 a 40ii 2 48 48 48 27 39 38% 38h % 13 414 41h 41h 13 to to 10 63 39h 39&Quot. % 4 31 34 33 33 Quot a 58 57 Sah 57 14 15 15 15 14 19 18 18 a 41 in i 31 31 % 274 14 14 14 134 68 4 67 a 68 4 26 694 69 a 694 j9 4 39 39% 46 71. 21 21% 33 75 25 a 25. 26 69. 69h 69h 127 9h 9 a 9h-t a 13 17 a 17 17 47 20 20 20 Isa is is 15%-t a 19 57 574 57 4 22 3$ a 35 35% a Winnebago 104 20 to Lith i 20 6 48 a Xerox up i 19 183 Al corp 80 6 to Zenith Rad i 19 44 copyrighted by the associated press 1976 ivies figures Are unofficial unless otherwise noted rates dividends inthe foregoing table Are annual disburse merits based on the last quarterly Semi annual declaration special or extra dividends or payments not designated a Regul a Are identified inthe following footnotes a also extra or extras by annual rate plus Stock dividend cd liquidating dividend a a declared or paid in preceding 12 months. In declared or paid after Stock dividend or split up a a paid this year dividend omitted deferred or no action taken at last dividend meeting a a declared or paid this year an accumulative Issue with dividends in arrears no new issuer declared or paid in preceding 12 months plus Stock dividend to paid in Stock in preceding 12 months estimated Cash value on sex dind end or sex Dis Tribu ten Date x sex dividend Rex rights Yex Divi trend and sales in la l j a sales in full Cid called we when distributed win when issued a we with warrants a we without warrants Xii sex distribution Vij a in bankruptcy or receivership or timing reorganized under the bankruptcy act or securities assumed by such companies new York a Stock Index new York a noon new York Stock Exchange Index Market 7 cents Index 56 54 0 11 Industrial 63 16 0 14 transportation 43 0 0 20 Utility a to unch finance 54 87 oot Dow Jones a averages a stocks 30 industrials 20 transportation is utilities 65 stocks Bonos to Bonds to Public utilities to industrials 1005 24-0 82 230 280 63 90 33-0 06 314 80 0 06 86 64 -0 07 91 63-0 12 by 65-0 03 Washington a Fiven though Vietnam is normalizing relations with its neighbors. State department officials believe the communist state May still be interested in military domination of Southeast Asia. The scepticism about Vietnam s intentions is based partly on a recent statement by the vietnamese foreign minister whose rhetoric suggested Hanoi s traditional support for insurgents will continue in the area when South Vietnam fell in april 1975, there was general agreement among . Officials that Hanoi would step up support of rebel movements. The ultimate goal officials said at the time was an All communist Southeast Asia under Hanoi s leadership Quot the Only question in our minds was whether Hanoi would move quickly or slowly a one official said tuesday. Quot obviously they Haven t moved quickly but it s still too Early to Tell what their Long Range intentions in a statement two weeks ago. Foreign minister Nguyen Duy Trinh said Vietnam fully supports the Southeast asian people s just cause of National Independence peace democracy and social . Officials said that is Hanoi a Standard line for opposition to . Influence in Southeast Asia and support for insurgent groups a major source of . Concern is the eventual use of american military equipment captured by the communists at the end of the War. It was announced monday that the newly reunified Vietnam has agreed to establish ties with the Philippines and plans to receive a delegation from Thailand next month to discuss diplomatic relations. Since the end of the War the Philippines and Thailand have asserted a greater Independence from the United states. Officials believe Hanoi took this into account in deciding to normalize ties with the two countries. The Philippines has established diplomatic relations with the soviet Union China and other communist countries Over the past year and now is demanding sovereignty Over . Military bases on the islands in Thailand where 50,000 . Servicemen were based in 1965 supporting the Vietnam War All . Troops will have left the country by next week except for a 270-Man adviser group farm workers killed when struck by truck Waynesville a four farm workers on their Way to work in Eastern North Carolina tobacco Fields were killed tuesday when a tractor trailer swerved off interstate 40. Striking them As they stood beside their disabled pickup truck authorities said. Sgt . Caudle of the Highway patrol identified three of the victims As Jerry Crumb. 26. Of Detroit Mich. Clarence Turner 41 of Lafollette Tenn. And John k Heynes about 30, of Kalamazoo Mich Caudle said the fourth Man was not identified the Field hands were Riding in the Back of a pickup driven by William e. Guy of four Oaks when the pickup had a Flat tire Caudle said he said Guy had picked the men up at the Volunteer Helper Mission in Knoxville Tenn., offering them several months work Guy did not know the names of the farm workers he was transporting. Caudle said and was unable to help in the identification of the fourth victim Guy pulled about four feet off the Highway and began changing the tire Caudle said. A they were hit As pedestrians a Guy said of the victims Quot they were milling around this pickup truck on the traffic Side. He must be knocked diem Down like a picket american Exchange Neva York i a i 5x> Lei Ted noon National prices for a Merican Stock exc henge issues sales be ads High Low last chg 3h la 4h 27 h 8 4 i 14 Joh 17 4 i Jhaj 14 13 4 a 4 i us i 5 7 i0 4 la is 16 a Ila so Aegis corp 7 ase me a to to 6 bras Cana i 3 Buttes q i a Nachba 7se Champ Horn cinerama con Oil Gas 12 Croft r 312 Dix Ilyn 40p 4 by attn 06# la far the re i 7 essay cd 28 6 Falcons 7 be a res i is Flydia Oil 7 Frontier air 8 giant Yei tot 192 Goldfield up it Basin pet to 22 Musky 80 6 Ipoh a 80 13 inst rpm svs involves a 9 Kai trend 7 i k in Ark cup to it corp it Laty Rad 26 7 Loewe be it marm due b so marshal my 6 Mcculo 2tt 14 Medinco 12 7 Mich Yarl j i go elect la new or id i proc Soell Nordn oils 14 Ozark a Oje 17 Phoenix in Bradera i so 5 Rev Nett of 20 Ryan a 12 Sambas s3 la Sharon i syntax 50 i Teso foot it. Ulbrand it us Filer 24 i Vamper la i Viko Banc 37 Vesta of is Wyt lab i i 2 59 la i i 17 it i 46 17 i 15 25 0 23 to 10 1 to 5 is 69 2 22 to j 1 370 4 7 x7 11 j 7l 5 16 j 33 2 i i t i s 73 i Ith 9 i Ion eth 7 it 9 i 5 ii the 24 so 17 Lush h a 5h to 74 h i 15h us in in he 7 i i i a 9 13 ii 14 i ii 17 of 17 14 33 2 h a a i 4h 3 9h Ahil 12 9 to 72 4 4 4 7 Ith ii i jul 7 a 74 t shit ssh h Jyh 51 to 24h i i5h us i a 8h 6 i 7 Jyh 9 13 11 14 a 4 a 12 16 it 17 14 by i h to la 12 9 Ion 22 4 4�? i 16 4 7 Ith % i i i is 7 34% Ash i i so 46 3 % 58 in it 20 it 24h Quot a 1 ish 144 1h in a he 6 1hi-i6 a Jet 13 ii 14 8h�? 3 12 17 it 17 us 33 2 h-l-16 10 % of 3 9� . Stock a averages Stock averages compiled by the associated press 30&Quot is Quot i s Quot 6 0 ind. Rails util. Stocks net change 4 16 a i 6 noon wed 496 8 19 7 0 107 0 322 5 Prev Day 495 2 197 0 107 1 3219 week ago 48 7 3 192 i 105 8 316.3 month ago 483 4 184 i 102 i 309 6 year ago 450 5 153 8 99 9 283 6 1976 High 496 9 197 0 108 8 321 9 1976 Low 424 4 149 j 99 5 271 5 1975 High 456 0 155 7 103 7 286 4 1975 Low 315 9 131 6 84 7 216 8 Bono averages compiled by the associated press to Quot to Quot to Quot to Quot to noon Zed Prev Day week ago month ago tear ago 97� High 1976 Low 1975 High i97s Low for deputies slayings former outlaw Campbell gets 160-year sentence rails in util fun. I t cd a i so 8 80 i 90 3 too 7 83 4 50 9 80 i 90 3 too 7 13 5 509 79 9 90 0 too 7 83 3 50 6 79 6 89 5 too 7 83 3 49 0 76 i 85 6 99 8 75 0 51 0 81 3 91 8 101 3 85 4 48 4 75 6 86 7 too i 76 7 49 2 76 9 868 too 5 76 5 46 i 71 8 la 9 99 4 69 4 Taylorsville a Morrey Joe Campbell 29, has been sentenced to two 80 year prison terms to run consecutively for shooting two sheriffs deputies to death. The Davie county Man who had been charged with first degree murder was sentenced tuesday a Day after the prosecution accepted a plea of guilty to second degree murder. He admitted in court that he killed Davie county Deputy sheriff Wayne h Gaither and Forsyth county Reserve Deputy Jack o. Reniger. Gaither was slain after stopping a Eer in Davie county on May 30, 1975, and Reniger died in a shootout shortly afterwards. Campbell was sentenced by judge Julius a. Rousseau or. Of North Willsboro who presided at a special term of Superior court in Alexander county. A third felony charge for allegedly shooting at Forsyth Deputy Robert Russ during an automobile Chase was dropped Campbell was arrested two Days after the slayings. Officers found him hiding in a tobacco barn at Farmington after he had been declared an outlaw. An officer or citizen cannot be prosecuted for shooting an outlaw who does not heed a command to surrender under North Carolina Law. Ink w _ _ of Ujj copyright Ltd it the As Locita a pros 197 Phillip Ines seek cessation of bombing Manila. The Philippines apr the philippine government asked the . Navy today to suspend bombing practice in an area where the government news service reported six fishermen were killed by Navy bombs the Navy denied the philippine news Agency s report that it was responsible for the deaths of two fishermen on june 28 in the practice area off the West coast of Luzon 15 Miles North of the Subic Bay Navy base. Quot the Navy had no aircraft conducting bombing or target practice on the West coast of Luzon on june 28.�?� a spokesman said. Pressman Are indicted for strike violence Washington a a Federal grand jury today indicted seven Pressman on charges of rioting and destroying property during a strike at the Washington Post last october. The defendants Are members of local 6 of the newspaper and graphic communications Union the Justice department said As it announced the indictment the seven defendants Quot wilfully engaged in a not and Quot maliciously caused and attempted to cause injury and destruction to portions of the pressroom and machinery at the newspaper Plant the indictment said the defendants Are Eugene e. Of Sullivan of Vienna va., Cecil e. Rust of Arlington va., Oil w Fowler of Washington Lawrence h Boyd of Hyattsville md., Fred f. Tweedlie of Sterling va., Michael Tenorio of Alexandria va., and Walter j Stahli of Burke a. O Sullivan and rust also were charged with inciting a riot. O Sullivan rust Tweedlie Tenorio and Stahli were charged with stealing mechanical devices that Are part of the press apparatus that folds newspapers. O Sullivan rust Fowler and Boyd were charged with assaulting James h hover who was not further identified during the course of the strike. The indictment was returned in District court Here. The Federal prosecutor s office has been investigating the violence and destruction in the Post pressroom since it erupted at the beginning of the Pressman s strike oct. I. The department said 115 witnesses were presented to the grand jury during the probe on Hie destruction of property charge each defendant faces a maximum penalty of to years in prison and a $5,000 Fine Caudle said Tho Driver of the tractor trailer Jack Hollingsworth 45, of Antioch. Tenn. Was charged with death by vehicle and released on $2.ooo Bond. Caudle said Hollingsworth was driving the truck for the Tennesse Carolina trucking k and was not injured. Tho pickup was not struck. Guy suffered minor injuries and w As treated at a Hospital and released Caudle said Caudle described the Volunteer Helper Mission As a Church related Center that helps destitute men the incident occurred about live Miles inside the North Carolina Border on i-40. North of Waynesville Job status change sought for it. Gov. Raleigh a North Carolina s lieutenant governor should be a part tune state employee. Democratic gubernatorial candidate de o Herron has suggested o Herron estimated tuesday that the state would save $100,000 a year by paying the lieutenant governor Only while he presides Over the Senate the lieutenant governor now makes $30,000 a year and operates his office on a $100.-000 annual budget o Herron said. Quot i will ask the 1977 general Assembly to make this change a o Herron said. In these Days of billion Dollar budgets i know that $100,000 a year May seem like Small potatoes to some people but to the taxpayers it is a lot of Money and it should be saved Quot the lieutenant governor should be paid Only $10,000 a year o Herron said and have a Secretary assigned to him Only during actual legislative sessions. O Herron stressed in his statement that a a i want to make it Clear that my proposal is aimed Only at saving tax Money during the years ahead and is not aimed at any candidate for this addition quintuplets present quite a big family problem a Mother and dad and five to carry

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