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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 25, 1971
Page
2
The Dow Jones average fell to 876.90 and the AP 60-stock index slipped to 313.6 as trading stayed cautious amid a broad drift. Airlines, chemicals, and mail order retailers led declines while rubber and oil shares rose. large blocks traded include International Nickel and H R Block amid mixed results.
The New York Stock Exchange releases its noon price snapshot for active trading in New York City. Traders monitor shifts in index values and note which stocks lead gains and losses as market activity continues.
FBI said an extortion attempt against Walter T. Ridder, publisher of the Gary Post Tribune, failed after a gunfight wounded John E. Ward, a former employee. Ward, 57, was treated in critical condition. no bomb was found. Ward was charged under federal extortion laws.
Governor Bob Scott told six-state tobacco groups that North Carolina will press its case to resume flue cured tobacco exports to Mainland China. He noted Nixon’s trade easing and an emboldened Tar Heel mission plan, with export coordination already contacting the Chinese embassy in Ottawa.
A sweeping measure to reorganize nearly 300 state agencies into 17 departments advances in the Senate after House passage. The plan sets July 1 1972 as the deadline for new department creation and July 1 1973 for fixing top salaries, with provisions to safeguard regulatory agencies autonomy under a new Department of Commerce.
Stanly County deputies charge four men Eddie Spivey Samuel Martin Curtis Motsinger and Fred Williams with felonious breaking and entering and larceny after guns valued at over 12 000 were stolen from a New London dealer. About 140 pistols were taken June 11 but only three recovered. Bond set at 25000 each.
Senate debate includes capping the military at 2.4 million, preserving a two year civilian service for conscientious objectors, and expanding draft board selection to reflect race color and religion. House provisions cut 100000 soldiers and extend service to three years. New rights for draft appeals and medical training for drug addiction in service are discussed.
A judge in McPherson Georgia weighs motions to dismiss murder and assault charges against Capt. Ernest Medina in the wake of defense claims of command influence. Bailey argues Army bias affected Medina's case and the Calley trial with Medina not testifying for the government.
London AP reports Christie's sold Titian Death of Actaeon and 26 Old Masters for 8.74 million dollars, a one day record though below expert forecasts. Julius Weitzner bought the Titian for 4.03 million, saying he does not know its ultimate owner. The Earl of Harewood, related to Queen Elizabeth II, offered the work to raise funds for death duties.
Johnson recounts his Vietnam decisions noting a June 1965 troop increase to 75 000 and a broader campaign of pressure while in 1967 Kosygin urged halting bombing to spur talks He emphasizes the narrative reflects his view from his own vantage point rather than a definitive record.
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