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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 06, 1969
Page
2
The New York market opened lower with tech shares leading declines while industrials staggered. Dow Jones hovered near 760 points as profit taking and a weaker dollar weighed amid Al foreign exchange pressures and mixed NASD quotes.
The forecast covers the upper coast tonight with scattered snow in the mountains and northwest. Expect rain elsewhere, continuing cool conditions with mountain lows in the upper 20s and coastal highs near 50s. End of precipitation west Friday morning and east Friday afternoon, minimal temperature changes. South Carolina sees occasional rain and coolness tonight, snow or sleet in mountains, clearing Friday with highs in the 40s to 50s and overnight lows from the upper 20s to around 40 on the coast.
A wave of SDS activity described as minor flurries interrupted Newton High School as college students sought to recruit local students for SDS aims. Officials warned disruptions would trigger charges, while statewide and national notices report 500 newspapers circulated in high schools. SDS efforts extend to upstate New York and Indiana University, with pamphlets and meetings but limited student mobilization observed.
During the first seven days of the new offensive, 677 were wounded and multiple were killed as Saigon endured the fiercest shelling yet. At least 25 civilians perished and over 70 were injured when rockets struck a crowded slum, mostly children among the dead. The attack followed President Nixon's warning, though authorities doubt it was a direct response.
University of North Carolina faces student actions and worker walkouts as regional tensions rise. Rockets hit Saigon areas near a Fourth Precinct district, killing and injuring residents while university officials study wage and job- status reforms.
Arwood Corp reports 1988 net profit of $1,007,427 or 97 cents a share on $26,917,011 sales. 1967 profits reached $1,576,892 or $1.56 a common share on $25,655,308 in sales after a 10% stock dividend. Kroehler Mfg Co declares extra dividend and raises quarterly rate. notes preferred stock payout of $1.12 per share on series A 4% preferred. Dividends payable March 21, 1959 to record holders March 14, 1969.
BELEM Brazil AP officials of the National Indian Foundation report Flu outbreaks among Xingu tribe Indians in Para State and along the Amazon River Basin.
A surge in bullion interest hits Europe as devaluation fears for the French franc mount. In Zurich gold hits a record as dealers report heavy orders and London fixes rise. French demand and smuggling rumors drive sentiment while forecasters see franc devaluation likely.
AP reports rescuers drilled through 35 feet of rock to deliver water to William Buck Jones, trapped nearly five days in a Northern Utah zinc-lead mine. He described his enclosure as workers inch toward freedom while using a drill and wooden pick handle to shore up walls. His sons Clifford and Glen, among 11 children, visited to speak briefly with him.
James McDivitt guides David Scott and Russell Schweickart during a planned 45 minute space walk. Schweickart distances himself from the LEM with a 23 foot safety tether while both ships remain nose to nose. The astronauts rely on suit life support as the first test of moon gear aboard the mission.
A North Carolina Senate bill would let any county hold a sales tax election. It requires either a county commission petition or 15 percent of last gubernatorial voters to trigger the vote. The tax would apply to items in the state tax list and be administered by the Department of Revenue.
Cuba announced the first arrest of a jet hijacker in custody but offered no plan to return him to the United States. Granma identified the suspect as Anthony Garnet Bryant, linking him to past robberies and drug offenses in San Francisco records. The hijacking victimized passenger funds and the plane later landed in Miami with 19 passengers and six crew.
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