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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 10, 1972

Page

2

Market Rides Affects Steels Tails And Airlines In Late Trading

The noon Dow Jones stood at 940.70 down 2.11 as declines led advancers 7 to 5 on the NYSE. Airlines slumped with American down to 47 and Eastern at 24, while rail stocks also fell though Illinois Central rose. Large blocks traded included Sedco, RCA, and Boise Cascade as the market underwent a readjustment after recent gains.

NEW York New York Stock Exchange American Airlines Eastern Airines Pan American World Airlines UAL Inc Braniff Southern Railways Southern Pacific Santa Fe Industries Penn Central Illinois Central Chesapeake & Ohio Sedco Inc Dawn I's RCA Boise Cascade Ups

Draft Board To Renew Appeals

The Selective Service told local draft boards they may resume hearing appeals for deferments or exemptions. The move ends a three month freeze before 4,100 boards, completing a two year overhaul to shift from local to national administration under President Nixon.

Washington Selective Service Curtis W. Tarr Nixon

Draft board rules ease delays for deferments and appearances

Under Tarr order action can be taken on 22,486 men with pending requests for personal appearances before draft boards or appeals. Deferment hearings were suspended Dec 10 for reclassification review. revamped rules issued Jan 12 paused actions to let deferment or exemption seekers use new provisions. The changes require 15 days notice for appearances and allow witnesses at local board hearings.

Tarr National Appeals Board

ITT settlement links in Nixon era hearings unfold

Mitchell says an ITT lobbyist told him Nixon was involved in pressuring the ITT settlement. Hume details a memo and meetings with ITT officials and Mrs Beard as Eastland pushes more witnesses into the seventh day of Senate hearings on improprieties in the ITT settlement.

Anderson Brit ‘Hume ITT Nixon Mitchell Hume Justice Department James O. Eastland D-Miss Dita D. Beard Howsover Eastland Sens Hubert H. Humphrey Min Denver Beard Nesota Edmund S. Muskie Maine Tiwerit Republican National Committee Kentucky Louie B. Nunn W.R. Merriam Washington Congress White House Hartford Grinnell Canteen Corp Harold Geneen Geneen San Diego New York

New York Stock Exchange Indices Dip At Noon

At noon the New York Stock Exchange showed declines across sectors led by industrials and utilities. The Market-O-Index fell 14 cents with Transportation, Finance, and Utility groups posting small losses.

NEW York Stock Index NEW York New York Stock Exchange

Berrigan Informer Denies Motive In Extortion Claim

FBI informer Boyd C Douglas Jr testifies in the David Berrigan antiwar case denying extortion motives. He recalls prison days in Lewisburg 1970 and says he gathered conspiracy evidence against Philip Berrigan under orders from his recruitment to smuggle letters. The defense plans further questioning to back up this line.

Harrisburg FBI Boyd C. Douglas Jr Philip Berrigan Douglas Berrigan Lewisburg Terry Lenmer Father Berrigan U.S. District Court R.dixon Herman Lenzner

Florida Debate Canceled Amid Rules Clash

A planned 90 minute televised Democratic debate in Miami was canceled after a dispute over rules. The dispute sparked attacks from Humphrey Muskie and McGovern camps as Florida activity focused on mobilizing voters while Kennedy, Chisholm, and Wallace drew attention elsewhere.

Florida Miami George McGovern South Dakota Muskie New Hampshire Maine McGovern Humphrey Oregon Edward M. Kennedy Massachusetts Rhode Island Shirley Chisholm New York John V.lindsay George Wallace Alan Baron Alabama Wallace Key West

Tax experts split on education expense deduction guidance

A newsman questioned IRS official Kestler who apologized for delaying a decision and later said education expenses likely could be deductible. The piece notes consultants erred on capital gains, with six advisers none agreeing on stock sale figures and one using 50 percent for short term gains. The couple remained at line 50, facing Schedule X or alternatives.

Dole accuses AT&T of political loan gift amid party scandal

Democrats rebuke Senator Dole as he charges AT&T and the Democratic Party have a financial arrangement tied to the upcoming convention. He cites a 1.5 million debt and an 80 thousand dollar subvention as evidence of a loan or value. The dispute prompts calls for public hearings to probe the alleged agreement.

Dole White House Sen O'Brien Kansas Republican At&t Democratic Party Democrats

Chiang Gets Party Call Fifth Time

Chiang Kai shek accepted the Kuomintang's call to stay on as president of Nationalist China for a fifth six year term. The National Assembly will elect him March 21. He was not present for the Central Committee cheer, receiving the news via chief delegate Cheng-kang.

Chiang Taipei Chiang Kaishek China Kuomintang National Assembly Party Cheng-kang

Also Mentioned on This Page

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