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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 05, 1971
Page
2
Dow Jones industrial average climbs to 897.73 at noon, up 6.37 as 11.29 million shares trade on the NYSE. Advances outpace declines 3 to 1 with a 900 close seen likely, last reached June 1969. Unemployment rate falls to 5.8% in February from 6%.
The Associated Press reports noon trading data with high low and last prices for multiple issues on the American Stock Exchange. Several entries like Aerojet Atlas Cambria and others display percentage changes or price figures with footnotes on dividends and special conditions.
Heavy snowfall in upstate New York closed Rochester airport and forced President Nixon to cancel his trip to promote revenue sharing. The White House said urban development meetings will be rescheduled soon with Treasury Secretary Connally Housing and Urban Development Secretary Romney and Gov. Rockefeller along with officials from 12 states and D C.
A source reports on the trail traffic noting a 50 percent drop from a peak three weeks ago with recent movement fluctuating above 1 000 movers per day. In Hanoi Pham Van Dong claims Communist forces inflicted heavy losses in Laos and Vietnam, including 1 000 Americans and nearly 300 aircraft.
Britain’s 200000 postal workers ballot on ending a seven week strike. Many return to work while voting results due Sunday night. Union militants opposed interim deal offering a nine percent raise from the post office.
RALEIGH AP The Senate Construction Committee debated whether 18-year-olds who can vote should be eligible to hold public office. A motion to defer action until the House acts on voting-age bills was approved, with discussions on constitutional qualifications for office and possible 21-year-old office restrictions.
Gov. Bob Scott says North Carolina lawmakers will not approve a constitutional amendment to permit a referendum on a two term governorship. A Senate committee poll shows insufficient votes to move the measure. Scott considers a hearing for Hodges Sanford Moore to present views.
Opera star Maria Callas and husband Battista Meneghini bar divorce case as Meneghini challenges Italy's new divorce law. The couple wed in 1949 and had a 1959 civil separation. Callas filed for divorce in January and the hearing was suspended for two weeks while constitutional questions are considered.
In Ankara at Middle East Technical University a gunfight during a dormitory search for four kidnapped American airmen left one student dead and several wounded. Police detained Mete Ertekin, who implicated five leftists in the abduction tied to ransom threats.
In Fort Benning Georgia AP reports jurors in Lt. William L. Calley Jr. murder case seek broader context of My Lai. They question briefing details and possible orders while Judge Reid Kennedy restricts focus to Calley's acts and obedience. Witness list includes Capt. Ernest Medina Brig. Gen Oran Henderson Maj. Gen Samuel Koster and others tied to the massacre inquiry.
President Nixon outlined limits on U S ground forces in Vietnam and said air power would target missile sites and military targets while avoiding an invasion of North Vietnam. He urged negotiated withdrawal, hinted at continued South Vietnamese role, and supported extending the Mideast cease fire. He anticipated future SALT talks in Vienna and emphasized balanced arms control negotiations.
Local ad promotes a large selection of luggage and trunks at Nash Saves You Cash Jewelry, 126 North Main Ady. The message invites shoppers to visit to save money on travel gear.
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