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High Point Enterprise in High Point, North Carolina

21 Jun 1974

Page 1

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jun 21, 1974

Page

1

Stock Market Report Sees Dow Off 4.22 as Rates Rise

New York noon Dow 30 industrials fell 4.22 to 816.57 with declines outrunning advances on the NYSE. Banks moved prime lending rates from 11% to 11 1/2 percent. Ponderosa System led activity, down 14 to 165 after a prior drop in restaurant sales. Other unnamed Big Board issues mixed as Electrolux plans to buy National Union Electric shares at 28. Amex leader Syntex slid 44 to 42. NYSE composite declined to 45.96.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange First National City Bank Morgan Guaranty Trust American Stock Exchange National Union Electric Electrolux of Sweden National Union Glamour McDonald's Corp Johnson & Johnson Digital Equipment Amex Syntex NYSE Varian Wachova Cessna Maem Norton Vo Whittaker ColgPal Ae ColGas Oweniihl USA Alva _ — ZaleCorp Associated Press Camsat PacPw PanAma Air Panhepz AirLin Pascovic PepsiCal Pfizer Eye Ae Oeerel Dennys Polima Sa Biea Disney Bo Ralston P RapidAm Dresser duPonts RegBate Ryder Salewy SanFein ilrolCp Vita Bla SCM Cp ScottPap My Flintkott Seacl Gor Bearieg Sears BSG Bala FreepMl Sialava Helave Sony Cp Bt Va GamSk Banintal Socale Va Watts Gannett GenMill Va Sperryr Walla Siquont Ve. Stevens Steven Pwi Sunil Grenin Tektronx Ye Alcoa Harris HarteHk Hess Ath TimeMir UN Elect At&t Io. Ie AMT AmpéxCorp Interlake ArchOan Us Steel2 AecmcolMa Upjohn T&t Ida AveoCorp Babckw Bam Ve Ballge Bauschl.az JonLog Jdoni BeatFids Jostens Beckma JoyMigl BeacAlr Bengta Katyinda BeihSit Goa Kellogg Kennecott Boeing Bolse Cassa AegisCorp A Petrt Borden Knight S& Do I Bansir Cult Kresger Jae Wik BarnesEng Brunswk Krogert Bucy Erlel Brewer BuddCo LearSieg Buttes Goi LehValind Sean Lehmel Fm LevitzFuen LiggMy OixilynCor Dse CarrRp CartWall EspeyMig Castiec inDivAlso Katseln Sia Ve Kane Sunda Mae Wa Newpark N.C N.C. Sub- MorNor.68 7 27 Iste 15% 1S Mo Ormand Ind Motorole Sea Ve Ozark A Phoenix St Sidin Nabisco RaihPack Wall Arcana All AP News Natoiniti Resrtsinia Natfuell Stathamins Post Office High Point Tone NatGyptps Texas tCo NJ Steel NatTea Sim N&tomastic Siva Va Usfilir Viewlex Aeewe High Point Enterprise, Inc Vikoa Ind WestatsPtl NarflkWas Joe Witshrq Lde Jorris Noaphit Yatesingd NFB Ward-Griffith Company Ngas Asa Aie ZimHom Nosipwidden
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American Exchange THHDW Securities Sensitivity Notes

A compact glossary entry outlining various stock and dividend descriptors used in American exchange listings. Terms include options on dividends, stock splits, ex dates, accruals, rights, warrants, and bankruptcy or reorganization status.

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Colson Sentenced Under Obstruction Guilty Plea

Colson received at least one year in prison after pleading guilty to obstructing justice in the Watergate cover up. Charges of conspiring to obstruct justice and to violate Daniel Ellsberg’s civil rights were dismissed. He told reporters he has dedicated his life to Jesus Christ and will serve the Lord in or out of prison.

MENTIONED IN THIS ARTICLE

Colson Daniel Ellsberg Plumbers Daniel Elisberg Jesus Christ
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Colson Plea Explained Amid Watergate Bargain Details

The former White House counsel said his guilty plea aimed to unlock truth about Watergate. Jaworski disclosed a proffered arrangement requiring Colson to testify and provide documents, making him a key government witness. Colson chose a felony plea to preserve ability to reveal information, risking disbarment and aligning with Sen. Hughes on his resolve.

MENTIONED IN THIS ARTICLE

Watergate Leon Jaworski Colson Watergate Special Prosecution Force Jaworski United States White House Harold Hughes Hughes Atty John N. Mitchell
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Hearings Near End Panel Studies Secret Bombings By John Beckler

The House Judiciary Committee ends six weeks of impeachment hearings with a study of the 1969 70 secret bombing of Cambodia. Witnesses to be heard, Nixon's defense debated, and proposed articles of impeachment discussed amid questions on presidential war powers and constitutional limits.

MENTIONED IN THIS ARTICLE

John Beckler Associated Press Washington House Judiciary Committee Cambodia Nixon Congress United States Internal Revenue Service Judiciary Committee White House Gerald L. Warren John D. Ehrlichman Ehrlichman James D. St. Clair Supreme Court Leon Jaworski
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Greensboro Residents Oppose Duke Power Rate Hike Hearing

Greensboro citizens testified before the North Carolina Utilities Commission at Guilford County courthouse against Duke Power Co.'s 16.8 percent electric rate hike. Leading critic C W Wright compared Duke to the Mafia and cited rising bills from 30 dollars a month in a trailer park to earlier 539 dollars in a large home. State Rep. Tom Sawyer urged scrutiny to ensure costs aren’t inflated to fund labor fights. Only R V Morris supported the increase, arguing rising expenses justify higher rates.

MENTIONED IN THIS ARTICLE

Greensboro North Carolina Utilities Commission Duke Power Co Guilford County C.W Jack” Wright Duke Wright Duke Power Tom Sawyer Guilford
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Calley Returns to Confinement at Fort Benning

Former Army Lt William L Calley Jr spent a night in a military stockade at Fort Benning after surrendering to authorities. The 30 year old was placed in confinement as the 5th U S Circuit Court of Appeals ruled he remain in military custody during his appeal of the My Lai murder conviction. A federal hearing set for Monday will address the substance of his appeal.

MENTIONED IN THIS ARTICLE

Columbus Army William L. Calley Jr My Lai Calley Ft. Benning Sth U.S. Circuit Court of Appeals Kenneth Henson John Gause Gause
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U S Firm Wins Record Soviet Contract for Mil $200m

The Chemical Construction Corp of New York secured the largest Soviet contract awarded to an American firm, worth about 200 million dollars, to develop and equip four ammonia fertilizer plants at a Volga region site near Togliatti. The deal was signed with Soviet officials, with Armand Hammer present. The scheme includes a 20 year barter like agreement and a $180 million Export-Import Bank loan.

MENTIONED IN THIS ARTICLE

Moscow Chemical Construction Corp. of New York Armand Hammer Occidental Petroleum U.S Soviet Union Florida Occidental United States Orenberg William Casey Export Harmer Chemico Togliatti Volga River Clarke
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Teen Rescued From Culvert After Rainstorm In Charlotte

A 14 year old boy on a rubber raft was swept into a culvert beneath Sugar Creek during a thunderstorm. Another teen crawled 25 feet into the cement pipe with a rope to rescue him. Police and bystanders aided in pulling both to safety as two inches of rain fell.

MENTIONED IN THIS ARTICLE

Charlotte Timmy Bartlett Sugar Creek Jody Davis Tommy Wassack Timmy Tommy
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City debate over police complaints sparks clash in LA

In Los Angeles a dispute erupts as Cooke claims widespread acceptance of a police complaint policy with no formal grievances. Mark Rosenbaum of the ACLU counters that police do receive complaints, even if not to the department.

MENTIONED IN THIS ARTICLE

Mark Rosenbaum The American Civil Liberty Union
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Supreme Court reviews Nixon tapes dispute over court order

Jaworski says Nixon aides showed disdain for judicial decrees and lawless departures from constitutional norm. The Supreme Court will review Judge Sirica's order directing Nixon to surrender White House tapes and documents from 64 conversations for examination.

MENTIONED IN THIS ARTICLE

Jaworski Supreme Court U.S John J. Sirica Nixon White House
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Also Mentioned on This Page

Business and Financial News Stock Market Report Industri Transporta Finance A.P. Stock Ellsberg Patricia Sen Iona Iowa Caretiog Ralls Ind. Unl. Fon. L. Nelchange IRS John Doar David Dennis R-Ind Ut Albert Jenner Committee Ing Sawyer R.V. Morris Dukes Soviet Foreign Trade Ministry John Clarke Chemico Division Soviet Foreign Trade Department Boy D.f.howie Cory Howie Los Angeles
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