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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 05, 1970
Page
2
New York AP reports by noon the Dow Jones average fell to 699.21 as gains from a recent rally were pared. Decliners outpaced gainers by about 10 to 1 on the NYSE and traders noted a looming downward correction long anticipated by analysts.
A dense list of stock prices and percentages covers numerous companies and industries on the New York Exchange. Names like East Air Lin Kodak EatonYa and Gen Elec appear among many others with varied percent changes and trade figures.
William F Henderson of the North Carolina Medical Care Commission told a local study committee that some state hospitals should be regionalized to better use facilities and funds. He said there are enough hospitals and the aim is to improve and modernize what exists. He proposed leveraging federal funds to encourage county hospitals to share costs and consolidate facilities and services.
President and lawmakers clash over the Byrd amendment to military sales authorization. Church Cooper backers claim the measure would limit U.S. forces and restrict air power while the Byrd side argues for broader protection of troops in Vietnam. Wheeler doubts safe withdrawal before spring. Laird aims to exceed 150,000 as Nixon weighs options on Meet the Press.
Wallace says he will not run for president in 1972, plans to focus on governing Alabama. He suggests his election signals Southern and national support and hopes Nixon will modify HEW school orders for September, endorsing a return of public schools to states.
North Korea fired on a South Korean speedboat west of Yonpyong Do and captured the boat with its 20 crew. The incident, near the border and amid a Cambodian goodwill mission, marks the first seizure of a South Korean ship since the 1953 armistice. Brig. Gen. Roh Young suh and Defense Minister Chung Nae hyuk led emergency briefings as details remained unclear.
Viet Cong lieutenant colonel Nguyen Van Nang said 16 Chinese Communist advisers aided the 1968 Tet offensives. He testified via a South Vietnamese interpreter at a Saigon news conference after his May 20 surrender, detailing prior access to U S raid timings and Cambodian actions.
Denver report notes Billy Graham urges Southern Baptists to unite with black Christians in fellowship and joint projects for human betterment. The 125th anniversary convention, with about 11.5 million members, calls for anti obscenity drives and a Nixon prayer fast appeal.
Hundreds of postal workers across Canada walked off the job to demand higher wages. About 1,500 were on strike in southern Ontario with Windsor workers already out since May 27. The action, called by national strike headquarters in Ottawa, will last at least 24 hours. Members belong to the Canadian Union of Postal Workers and the Letter Carriers Union.
A hijacker aboard a TWA jet seized two banks to gather funds and demanded 100 million as the plane circled toward Washington. Pilot Caps Billy N Williams took over a second hijacked flight from New York to Rome last fall and the suspect planned to destroy money and passengers aboard.
United Methodists of Eastern and Piedmont North Carolina completed their annual meeting with pastor assignments for 161 of 556 ministers. Delegates also opposed liquor by the drink and rejected private schools avoiding integration while voting down a motion to regulate abortion differently.
Governor John Bell Williams said a state inquiry found police acted in self defense during the Jackson State College incident. He claimed officers were fired on by snipers and opened fire after confrontations, with blame on the attackers, not the officers. Civil rights leaders condemned the report and a boycott of white-owned downtown stores was announced to demand more Black employment.
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