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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 17, 1970
Page
2
The Dow fell 0.07 to 764.98 at noon as trading stayed sluggish. The Associated Press 60-stock average slid 0.4 to 270.7 amid mixed results with airlines up and rubber shares down while analysts note uncertainty over economic outlook and possible Fed action.
Inter dealer markets move through the day and NASD quotations reflect representative over the counter prices around 11 o clock. Prices exclude retail markups and commissions.
North Carolina faces rain with possible mountain snow and clearing by Wednesday. South Carolina expects cloudy, rainy spells with lows in the 30s and 40s, while Georgia shows cloudy cool weather with light rain and later clearing. Virginia anticipates heavy snow west and mixed precipitation elsewhere with cooler highs. North Carolina and nearby areas predict more rain Thursday and Friday with highs in the 50s to 60s and overnight lows in 30s to 40s.
Noon New York markets report mixed activity with industrials and utilities leading moves. Financial figures from AP indicate uneven gains and losses across sectors in the latest trading session.
J R Sorrell Jr of Atlanta Ga son of the late J R Sorrell and Mrs Sorrell of High Point has been promoted to regional manager of the Express in Los Angeles Calif Sorrell graduated from Greensboro High School Guilford College and UNC Chapel Hill where he took part in ROTC He takes the position in California after service in another REA post in Atlanta.
Bank debits in North Carolina major centers rose in February from a year earlier, with Raleigh up 27 percent to 1.148 billion dollars, Greensboro Winston-Salem High Point up 18 percent to 1.906 billion, and Charlotte up 5 percent to 1.628 billion. Fayetteville 21 percent, Durham 15 percent, Asheville 8 percent, and Wilmington 3 percent also show gains as reported by the Federal Reserve Bank of Richmond.
At the University of North Carolina Chapel Hill the Carolina Symposium featured Gov. Bob Scott and Sen. Edmund Muskie as top speakers. Ecologist George Woodwell urged planning and personal choice to curb population growth, while conservationist David Brower warned Americans must change life styles within a decade to avoid disaster.
The report condemns substandard urban conditions. It cites ghetto dwellers living in rat infested, overpriced apartments with nonfunctioning plumbing and barriers to care. It notes few local physicians or clinics, distant public hospitals with long waits and impersonal service, and welfare medical assistance often unavailable to the needy.
Supreme Court declined to lift a stay on immediate massive school busing for integration in Charlotte Mecklenburg. NC leaders praised the decision while indicating it signals the court may hear the full Charlotte case. echoing calls for more information before a ruling.
Two North Carolina Democrats Representatives Richardson Preyer and Nick Galifianakis introduced the National School Desegregation Act of 1970 drafted by Yale Professor Alexander Bickel. The bill seeks a unitary system with student transfers, open activities, and flexible local plans to reduce de jure segregation while accepting de facto patterns.
Opponents of G Harrold Carswell push for extended Senate debate beyond Easter with aim to awaken the country against confirmation. Senators Hart and Bayh say no filibuster, expect vote after March 29. they argue no new evidence will surface to bolster charges of racism and mediocrity. Bayh cites Hruska remarks as potential leverage while Hart seeks citizen involvement.
North State Telephone Co. asks High Pointers to destroy recent plastic directory covers received in bulk mail. Company officials say the covers violate North Carolina Utilities Commission tariff prohibitions on devices not furnished by the company, with penalties including possible suspension of service.
Los Angeles Mayor Sam Yorty announced his bid for the Democratic nomination for California governor. He will face Assembly minority leader Jesse Unruh as the field seeks to challenge Republican incumbent Ronald Reagan in the June 2 primary.
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