High Point Enterprise Newspaper Archives Jul 20 1976, Page 2

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High Point Enterprise (Newspaper) - July 20, 1976, High Point, North Carolina 2 a High Point intr apr Lur tuesday jul it 20. 1078 business and financial news Stock Market report new York a in i the Stork Market drifted lower today in a continuation of monday s quiet decline the noon Dow Jones average of 30 Industrial stocks was Down i 47 at Hoh 36 after monday s 2 38 Point drop losers outnumbered gainers by More than a 2 1 margin among new York Stock Exchange listed issues analysts said the decline in the growth rate of the dross National it duct for the second quartet retorted by the government this morning had been pretty Well anticipate it gtd on Wall Street list they said it nevertheless served to inhibit a Market that was already in a cautious mood Over the interest rate Outlook s Colgate palmolive was the most Active Nysky Issue up at 271 a a 108.500 share Block traded in the Over the counter Market at 27 a the big Hoard s composite Index of All its listed common stocks fell 22 to 55 53 at the american Stock Exchange die Market value Index was do wit 42 at 104 78 volume on the Nysky remained fairly quiet totalling 7 88 million shares Over the first two hours against 7 to million in the comparable period on monday. Told Sfax its extended their recent losses with Bullion prices falling steeply in Europe Home stake dropped 2 to 30 a a and Asa was Iliff at 19 cont pow j i pm cont to 7ic la Cong p i to i cont Oil to cont Tom i to control oat o i Perm 4 it Corn i 17a 71 solent to 1$ crop in. In to Crown Cork i crw of i i or tit we �0 4 i 14 41 n in h in 7 i 4 i la 40 iss o l or find to 4 oar to tot t or a Tel i m i am j 9 Zolmon i m i Drill air 40 of in a 44 14 uht i i 4t to Imp 99 la Dune. 17t to 411 o proc 40 74 m Dow cd i to o it my 97 to o. 40 n in 17 h 13 i 74 a Jou to i its a to Edh 41 ish o ton it it of of 40 40 j3 to or a pm Umi Iii m 74 Jou Jou i Toto 7s�?T-t my to to. 40to he i to a 40w s Hajj la to a ski to j iou to or 79of i 74 14 Tow a sen Imja 9 iou iou 07 79 claw us to Jow saw 17 jaw it it it to 07 79 4ju 7jw i jul to Awao. 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The Assoc Tad pros k7# copy a Teddy the atm ared Prett 197 saw figure Ere Unotti Ciol Inlet other a i to noted Rte Oldiv Wendt thelor Egom taut a annual Mem bated on in att qua Terly Ortemio annual declaration special or tra divid end or payment not Avey i a Are toot note a Alto ii c Ore i a o annual Rote put tick Jena cd liquidating dividend e dec tired or a a in preceding i month i declared or a d Attar Totka. Wend or Tipit up i a o thit year dividend omitted deterred or be action Token a la a vide no meeting a dec ared o paid this year an Accuu motive True Aith in Dent in Arreor no Nom tue r Dev ared or a j or preceding 17 month plot Dock dividend t a d in Dock in preceding 12 month Etc mated Vath value one d v id end or it dish ibo Tun Date e d Dendor i r Ighut y a e a dividend and to it in full i saw in full Cid caned and outed Kirtle Quot tined a a Aith a Quot ant a my a without Mart ant it i do Tributino or in bankruptcy of receivership or Tway re Organ Ted under the bankruptcy act or ats med by Tuch com pane a act seeks successor to director Shattle a a Furi h is underway for a successor to Hoy Wilkins Long time executive director of the a act even though Wilkins is Balking at the idea of retirement says Margaret Bush Wilson Board chairman it the group Wilkins successor pro Bush won t be known until a september Board meeting she said a we have a flexible timetable the deadline for applications was june Beirut. Lebanon a Lebanon warring christians and moslem announced an agreement today to establish a Buffer zone Between their sectors of Beirut palestinian chief Yasir Arafat also announced he was sending a peace emissary to Damascus because the Syria palestinian crisis As Well As the lebanese civil War must come to an end Quot Arafat held a night Long emergency conference with his allies the leftist lebanese moslem he also held his second secret meeting in three Days with a delegation from the right Wing Christian phalanges party which has the largest Christian militia fighting in the 15-month-old War both the joint Palestina moslem command and the a Salange party announced that the meeting resulted in agreement to restore electricity to Beirut and to establish a free zone Quot to restore communication Between the moslem and Christian sectors of the City Hie announcement said both sides would withdraw their fighters from the q0-Yard-wide no Man s land in which . Ambassador Francis e Meloy Orris economic Counselor and their lebanese chauffeur were captured last month prior to their murder. The zone will be manned within 48 hours of the withdrawal by 1.300 saudi arabian and sudanese troops of the Arab league peacekeeping Force who have been standing by at Beirut Airport the announcement said observers believed Arafat s decision indicated he was ready to Bow to syrian president Hafez Assad s demand that he and his leftist lebanese moslem allies Stop shooting and negotiate a peace settlement satisfactory Syria meanwhile the . Embassy postponed indefinitely the evacuation of americans and other foreigners scheduled for today because of lighting along the route to Damascus an embassy official said a Convoy would be organized later if the Security problem Quot eases or that an evacuation by or air might be arranged. Only 143 of the approximately 1.000 americans left in Lebanon signed up for the Convoy along with 266 persons of other nationalities this was Only slightly better than the response to the previous evacuation in june when a la s Navy ship took 110 americans and 157 others to Greece on the Battle fronts monday. Christians continued their attack i a palestinian refugee Camp in Christian controlled Eastern Beirut for the 28th Day bul the palestinian defenders of Tai Zlatar refused to give up Carter advisers to discuss Post election transition Plains. A Iasi a for the first time since the democratic convention. Jimmy Carter was to meet with key advisers today to discuss Campaign strategy and to map plans for the transition to a Carter presidency in essence they will talk about flow to get from where we Are now to a Carter an aide said. Those at the meeting with the presidential nominee were to include Campaign manager Hamilton Jordan Stu Izenstat. Carter s adviser on issues Jack Watson an Atlanta attorney handling transition plans and Dick Mot. Administrative assistant to sen Walter Mondale Carter s vice presidential running mate the role of Mondale in the tall Campaign was High on the Agenda of the gathering. Although the election is 3 months away. And Carter tells supporters not to be overconfident the former Georgia governor confidently has set up a transition team to help him assume the presidency with As few problems As possible Watson chairman of the state Board of human resources which oversees health and welfare programs planned to report to Carter on his Talent search for people to serve in a Carter administration including possible Cabinet members an aide said Watson played a key role in Carter s reorganization of doctors deny charges of medical negligence Greensboro Iasi a five doctors have denied negligence in prescribing birth control pills for a former student whose estate is suing for 85 million in her death. The doctors at the student health service of the University of North Carol a at Chapel testified monday that Janet a Neill was told no Oral contraceptive can be absolutely sate her estate claims she was not adequately warned of the possible Side effects of nor in or in and died of liver complications brought on but the use of the contraceptive miss Neill died Jan 25. 1975 at age 25 drs Caroline Dixon Donald k Mcintyre. Lincoln b Scott. Charles k Moth and Francis Marshall filed the answers in . District court the other defendants. Parke Davis amp co. Manufacturer of the Pill. And Eckerd drug inc which sold the Pill by prescription have not answered the suit. Or. Mcintyre said miss Neill requested and was Given a prescription for an Oral contraceptive get 17. 1972, he said Norle Sirin was prescribed after a Pix steal examination and consultation the a factors said miss Neil received counselling and was told that no Oral contraceptive can be guaranteed absolutely Safe or effective they said miss Neill was questioned for any possible Side effects Atter using the medication for one year and did not say she had any. Viking lands from Page i a which Mutch described As Quot a Beautiful collection of the second picture was to be a panoramic View of the Martian landscape made by a camera on the Lander with the ability to sweep a Long path across the horizon. Tax benefits from Page to a later Date one of the most expensive amendments being questioned would Cost the Treasury an estimated $40 million a it ear for the Benefit of the major Oil companies the amendment would make certain that firms belonging to the iranian Oil consortium continue to receive a tax credit for foreign taxes paid on their iranian Oil it is easy to determine who would Benefit from some of the amendments for example sen Walter Mondale. Damn. Was looking out for a Home state Industry when he won approval of an amendment providing a tax credit for homeowners who install Energy a v my them ins Tats Tine of the biggest manufacturers of such equipment is Honeywell inc of Minnesota other beneficiaries of the amendments identified by Proxmire or Kennedy include investor diversified services. United airlines Chrysler corp Large shipbuilders Boise Cascade general electric. Westinghouse. Eaton corp. Encyclopedia Britannica. Major life insurance companies and Pittsburgh plate Glass co m is. Nixon May leave Hospital in a few Days Wilkins told the convention of the National association of the advancement of coloured people two weeks ago in Memphis tenn., that he wants to remain in office at least through next summer despite a Board announcement that he would retire Jan j. Long Beach Calif api a former first lady Pat Nixon is reported by doctors to be making steady Progress following a stroke and a release Date from memorial Hospital May be set in the next Tew Days or Bernard j. Michela. Economic i from Page i Al was at annual rate of $1,368 9 billion an increase of $6 billion or four tenths of i per cent Over May that compared with a $10 4 billion Advance in May and was the smallest monthly gain since personal income dipped last july director of the Hospital s rehabilitation Medicine department said mrs Nixon now needs physical therapy Only once a Day and a daily occupational therapy session has been added the new session will develop coordination and function in the 64-year-old mrs Nixon s left Arm and hand doctors say mrs. Nixon continues to walk independently and now is practising going up and Down stairs. Michela said monday. Mrs Nixon the wife of former president Richard m Nixon was admitted to the Hospital july 8 after suffering a stroke the Day before at the Nixon so san Clemente Home. Argentina s from Page Iai earlier this month and captured a number of records and documents of the organization the Fri s third in command. Domingo Mena. Is still at Large tile other leftist guerrilla army is the Monto neros a Radical Ott shoot of the Peronis movement righting terrorists Are also extremely Active but the leftists Are their targets and the government does nothing to curb them Santuchi. A 42-year-old tonner accountant was the founder of the Fri and was also reputed to head a Center for International terrorism in Paris he and Gorriaran Merlo 34. Were reported killed when troops stormed an Fri hideout just North of Buenos Aire other guerrillas and two army officers reportedly died in the attack army spokesmen would neither cont Iron nor deny the report they said a communique was being prepared and released an interim statement saying an army Captain was killed monday night it gave no details. The Fri first surfaced in 1970 with an attack on a police Post in the Industrial City of Rosario. In recent years the organization has collected millions of dollars in Ransom for kidnapped foreign executives and has harassed the army and police with daring frontal assaults and sabotage estimates of the Erp s strength Range from 500 to More than 2.000 Well trained guerrillas with thousands More sympathizers to provide Aid and cover. The latest major attack attributed to it was the assassination june 18 of police chief Cesario Cardozo. Who was blown up by a bomb reportedly placed under his bed by his daughter s Best Friend More than 70 suspected leftist guerrillas have been killed this month and Well Over 700 persons have died in political violence this year Georgia state government Carter has stayed at Home since his return from new York Friday venturing out Only to sunday school and Church and to visit his sister Gloria Spann on monday he also has been Reading books on Lyndon Johnson and Hubert Humphrey reflecting on the upcoming Campaign writing thank you notes to democratic leaders watching the olympics and resting his aides say he also thanked Al Cio i resident George Meany by phone monday alter the Al Cio executive Council endorsed him for president his wife to Salynn ventured out in a Golf cart to do some shopping at a downtown Plains grocery store but was mobbed immediately by tourists this has t happened to me Here fore a she murmured As she signed autographs Quot i guess it s something you have to the candidate s wife a Silver Peanut dangling from a Chain around her neck drove daughter Amy and two neighbor boys to the Carter Campaign Headquarters where they picked up a Carton of books that had been sent to Carter fight year old Amy received a Book of Peanut cartoons in which she immediately became absorbed in order to avoid the questions of newsmen she yelled for her Mother to hurry up Quot a m going to drive off it you Don t come. The Little blonde said to her Mother mrs Lillian Carter the 77vear-old Mother of the candidate gamely signed autographs at the Headquarters but said she you Len t shake hands because she bruised hers during lengthy bouts of handshaking in new York mrs Carter had a Frisky Brown poodle on a Leash a gift from an admirer Quot she s really pleased with said officer manager Maxine Reese Quot she says that the dog has a better Pedigree than she does . Police on Alert for riots Johannesburg South Africa i a i a reinforced police patrols were on the Alert for a new outbreak of rioting today in the Soweto township eight Miles South of Johannesburg but the Birthplace of the Black uprising last month remained Calm the government postponed the reopening of Black schools scheduled for today following widespread rumours of ant Gover ment demonstrations in Soweto to coincide with the resumption of classes. The schools have been closed since the rioting last month in which 176 Blacks and two Whites were killed and there were fears that the postponement would touch off new disturbances in the sprawling ghetto where the trouble last month began Soweto residents reported militants were trying to organize a strike and threatening Black workers with violence if they went to their jobs in Johannesburg but commuting workers flooded into the City and trains and buses were operating normally. I f

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