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High Point Enterprise in High Point, North Carolina

24 Jul 1974

Page 1

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High Point Enterprise July 24, 1974 Page 1 old newspaper archives

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jul 24, 1974

Page

1

Market flat as Supreme Court ruling nudges Wall Street

The Dow at noon fell 0.71 to 797.01 as trading stayed mixed on the New York Stock Exchange. Investors focused on inflation and interest rates. Citicorp traded at 35.50 with notes near the market, ESB rose 14% on first-day trading, and United Aircraft offered 34 a share for battery maker Geon Industries tumbled. Burmah Oil signals no pursuit of the $24 million auto-parts supplier acquisition.

MENTIONED IN THIS ARTICLE

Supreme Court Nixon Robert Stovall Reynolds Securities Citicorp Bank American Stock Exchange ESB United Aircraft Battery Company International Nickel Northern Natural Gas NYSE Geon Industries Amex Burmah Oil, Inc Tovet Ave Transam Ys Bordenl Svat Vp Bristaa SIM DY fAorNor BuddCo Nabisco Nat&uell UOP Cadence Ind Upjohn Varian Carl Watt Castle Cao Norris Ts W CerraCp Cort-teed wWunton Norihroy Chossiel Norton Associated Press PaPwLit Crown Cork Philip Ma CrwZell Pitney Odeltaair Dennys Ralston P iTn Dresser T RanidAmi Rayban Do Duponts RdgBate EastAirlin ReichCh RepSil Eatonl Echiln Rayind ElPasalb ReynMel Sda Eltracpl Ridder P Royccol EvansPd SandrsAsso Va Firestone Scherg P EsiChargi Searles FdFair A. Searsl Fordaa Shelidilz al Seher Va Formick Frnkin M Signalco Freepm Bret Singerz Smithktine Mnold Sperry R New York API New York Stock Exchange Peices Genescome Getty OldOe SterDiig SundiLsar Ava Arizona Grantw Tekironx Alcan Aly GrGiantlos AllisChal Texsgifl Bova Hess Halburt Thiskol Hercules AmCan HallySul Asmell At&t Amt ArcnDan Armco Tania Ida Ren Bansir Crit Ink T&tvad Balge Wek Corp Az Cinerama EssexChom Bendix Bengts JoyMigh Dy WA FrontierAlr BethSti Éoa Hg Wind Kangells Hormel G Ste Kel Norte Kerr OG mOlv Kooprs Krattcol Dramsny Kresges Jetroniind High Point Enterprise, Inc Kroger Church Avenue Kaisratte High Point N.C Learsieg Ehpct LaMaur Lehminl Kontenta MicaSuida Litton ockhdAirc SAF Ae CT ¥ Corp Ozark Marcart Syntex Texasinica US Filtr Meade Associated Prass
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High Point Enterprise rights and distribution notice

The notice outlines Associated Press reproduction rights for local news, second class matter filing at the Post Office, and independent contractor carriers. It warns readers about subscription payments to carriers and mentions L Word Griffith Company as national advertising representatives.

MENTIONED IN THIS ARTICLE

Associated Press High Point M.C N.C High Point Enterprise, Inc
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American S-9ares in rin eld Called

x-Ex dividend y-Ex divir dend and sales in full x-dis-Ex distribu tion xr-Ex rights xw-Without war rants ww-With warrants wd-When dis tributed wi-When issued nd-Next day delivery virtn bankruptcy or receivership or being reorganized under the Bankruptcy Act or securities assumed by such com panies In-Foreign issue subject to in terest equalization tax

MENTIONED IN THIS ARTICLE

S—9ares Rineld
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Ordination Cancellation Requested

The Episcopal Church presiding bishop John M Allin urged three bishops and 11 women to cancel planned irregular ordination of women in Philadelphia. He emphasized unity and noted canonical changes are required before ordination of women to the priesthood can proceed. Proposals have been rejected by the last two triennial conventions of the church.

MENTIONED IN THIS ARTICLE

New York Episcopal Church John M. Allin Philadelphia
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Nixon Impeachment Articles Proposed For Debate

Nixon faces three proposed articles of impeachment for obstruction in Watergate covering the cover up, abuses of power through wiretaps and IRS use, and contempt for refusing subpoenas. The House committee plans 15 minute general debates per member, five minute debates per article, with live televised proceedings. If approved, a full House vote and then a Senate trial with a two thirds conviction threshold are anticipated, as officials discuss timelines and defense preparations.

MENTIONED IN THIS ARTICLE

Nixon Internal Revenue Service Rodino Abc-Tv Public Broadcasting System Senate Mike Mansfield White House Ronald L. Ziegler House Republican National George Bush James D. St. Clair Ziegler Judiciary Committee Watergate Leon Jaworski
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Lawmakers urge Nixon to obey Supreme Court ruling

President faces pressure as lawmakers from both parties demand compliance with the Supreme Court decision. Rep McClory warns defiance could trigger impeachment. Rodino says impeachment debate will proceed without waiting for surrendered tapes and papers, which could take two months to produce transcripts.

MENTIONED IN THIS ARTICLE

Ervin Supreme Court Senate Hubert P. Griffin Rmich Mike Mansfield United States Supreme Court of the United States Robert McClory Ilinois House Judiciary Committee Leon Jaworski Peter W. Radino D-N.j Nixon Rodino White House
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Supreme Court limits presidential privilege in Watergate tapes

The Supreme Court ruled that the President must yield executive privilege to evidence needed in the Watergate cover-up trial. It held judiciary, not the President, is final arbiter of privilege, and that nonmilitary confidentiality cannot shield all judicial requests. The decision also clarified immediate enforcement of the subpoena.

MENTIONED IN THIS ARTICLE

Quist Nixon John N. Mitchell Mitchell Watergate Jaworski Supreme Court Executive Branch John J. Sirica Watergate Grand Jury Sirica Burger William O. Douglas Philip A. Lacovara Judiciary Congress
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Burlington Earnings Rise In Third Quarter Reports

Burlington Industries textile chain reported higher sales and earnings for the third quarter and the first nine months ending June 29. Net earnings for the quarter were 27.54 million dollars or 1.01 dollars per share, up from 22.93 million dollars or 0.85 dollars per share a year earlier, an 18.8 percent rise in earnings per share.

MENTIONED IN THIS ARTICLE

New York Burlington Industries
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Sugg Says Caldwell Firing Shows Partisan Politics In Raleigh

In Raleigh AP report state Democratic Party Chairman James R Sugg calls the dismissal of Claude Caldwell an obvious partisan move. Gov Holshouser is urged to restore control of appointive offices and reassure employees. Alfred B Boyles replaces Caldwell as state personnel director. Bruce A Lentz had fired Caldwell amid controversy over politically motivated department firings.

MENTIONED IN THIS ARTICLE

Raleigh Democratic Party James R. Sugg Claude Caldwell Jim Holshouser Sugg GOP Thomas Bennett Morehead City Bruce A. Lentz Caldwell Alfred B
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Honeywell Electronic Air Cleaner Promises Cleaner Air

Air conditioning tips urge choosing the Honeywell Electronic Air Cleaner for cleaner air and improved efficiency. The device is marketed as keeping homes cleaner longer and reducing odors while boosting air conditioner performance.

MENTIONED IN THIS ARTICLE

Honeywell
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Also Mentioned on This Page

Stock Market Report Chet Carrier Wall Street New York Stock Exchange Eee Dow-Jones Indusvee A.P. Stock Ind Ralls Uh Associated Pras Rails Lad Judicial Branch Burlington Man Gene Anderson Republican Party Anderson Holfhouser Lentz Transportation Honeywell Clean Air Machine the Automation Company Hunter Heating
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