Business and Financial Market Update
The snippet shows a financial tick, listing a price of 2.70 and a value of 853 with a $52 note. Details are incomplete. no clear company name, date, or context available.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 15, 1970
Page
2
The snippet shows a financial tick, listing a price of 2.70 and a value of 853 with a $52 note. Details are incomplete. no clear company name, date, or context available.
New York stocks rose modestly at noon led by gains in industrials while rails slipped and big boards showed mixed results. The Dow Jones average stood at 688.18, up 3.97, with the Averages-60 index down 0.3 at 235.5 as rails and some issues fell. Big names like IBM and Sperry Rand moved lower while others like Telex and Occidental Petroleum rose.
Mixed activity on the New York Exchange with Xerox rising and Zale Corp showing fractionally lower quotes. ZenithR listed at 1.4 cents with volumes and percentages noted, AP reports from 1970.
Chancellor Willy Brandt's Social Democrats gained little in three state elections while opposition CDU, led by Kurt Georg Kiesinger, claimed significant gains. Foreign Minister said national policy would stay unchanged despite the electoral test. FDP fell out of two state assemblies and barely stayed in the third.
Hundreds of youths in East Harlem rioted after a street rally protesting the arrest of a Young Lords leader. Seven police injured and nine arrests reported. 12 firefighters struck by missiles and declined treatment. Violence spread to Lexington Avenue as police dispersed rock and bottle-throwing crowds.
Guther Stuken did not object when his wife arrived with a maxi wardrobe. He rose early and cut the skirts to mini length while she slept. He later destroyed the cut portions, and his wife said she loves him for the action.
Zayre Corp reports 13 week fiscal first quarter ended May 2 with total sales up 27 percent to a quarterly high of 137,250,000. Net income totals 706,000 or 14 cents per share versus 982,000 or 20 cents last year. Last year included a 170,000 gain from securities.
Mrs. William A. Armistead of Lexington has been appointed to the Wellington Hall Factory Outlet sales staff on Interstate 85 north of Lexington. She previously worked with Shoal Wayside Furniture and has long held roles in home furnishing sales including ten years at the High Point furniture markets with Olson Co. and Illinois Moulding Co.
Flag Day events span the nation with a 104 by 235 foot flag in Detroit and a 9th floor display. Peter J. Brennan of the New York Construction Council speaks at Valley Forge. Boy Scouts issue a North Vietnam POW letter in Lincoln and Abilene observes Ike Memorial Center ceremony. Susan Agnew leads the pledge at Fort McHenry.
Guilford County detectives investigated a break-in at Fredrickson Motor Lines on I-85 near Groenetown Road. Howard Berrier said a chock block was used to smash a glass panel at a loading ramp. Several freight boxes were opened, a safe in the office was looted for about 160 to 170 dollars, and damages were not yet determined.
G Irvin Aldridge director of the state Department of Local Affairs urged a unified approach to regional planning at Fontana Village North Carolina saying the state has long seen itself as many counties and cities each pursuing its own path and that new multi county penning regions can shape future environmental planning and cooperation.
A Brazilian airliner is readied to carry 40 political prisoners from Jiz de Fora to Algiers, with the release of West German Ambassador Ehrenfried von Holleben expected upon their arrival. Algeria reportedly weighs granting asylum while Brazil revokes citizenship after departure.
The long delayed murder conspiracy trial of Charles Manson and three female followers begins in Los Angeles. The judge moves to control disruptions as jurors are seated and witness testimony lingers over the sensational 1969 Bel Air killings.
Washington AP reports the sweeping postal reform bill faces strong opposition over compulsory union membership retroactive pay and loss of congressional control. Backers cite a 8 percent retroactive raise and a new independent Postal Service to run mail, while unions threaten strikes and the Postmaster General hints at a veto if retro pay remains.
In Moscow, cosmonauts Andrian Nikolayev and Vitaly Sevastyanov on Soyuz 9 exceeded 13 days in Earth orbit, surpassing the 1965 Gemini 7 record by Frank Borman and James Lovell. The mission tests extended spaceflight effects, with ongoing medical checks and exercises as researchers plan future space laboratories and long-duration crews.
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