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High Point Enterprise in High Point, North Carolina

19 Mar 1969

Page 2

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This newspaper page contains 11 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 19, 1969

Page

2

Market rises as investors show cautious optimism

The Dow gains 3.92 to 911.30 at noon as NYSE issues lead advances amid mixed sectors. AP index up 1.7, with industrials and rails higher, materials and conglomerates posting gains while some motors lag. Reports of February income rise and Vietnam peace talks buoy sentiment, but buying remains selective.

MENTIONED IN THIS ARTICLE

Whew York Dow Jones New York Stock Exchange Associated Press Loew’s Theatres AMK Corp Gulf & Western Industries Ford Sperry Rand Polaroid Xerox Chrysler ClevEllt New York KocaCot Colg Pal Mohasco MontDot CBS Tate BS Medalr West Motorola MiarkiGas Doug Ab Acamer Gon Edis Val Natairlia danasCare Hon Foods NatCash aratiiLiew ContAirk ConsPwr Ats Sia Ie MN Dairy ans _ Ma Wa Wat Ata Bt Cp Tao Dixiton Corp Wat Steel Mal Wit Nevada Frontier Golsfiext CrownZe Norigth Bo Naramehil Daycota Aba McCrory Seo Deere Co Midwest Disney Statham Olin Math Technica Aie i Omark Itt Nuglear LawPontiasg Otis Elev Gan the Associated Press P.vw PacG&l Kodak Ebasco Ind Eg&g Wa Parke Davis PennDix Penney JC Evans Evershara Pepsito Airch Hiller Phelnsd Eanstess Inc Uta Fectiers Phil Marr FordMot Va Pullman Freessul FreshCa Tal Pester GAP Corp Banco Inc Gam Gannett Rayrheet Reading Abbott Lab Mills & Bh Rexall Ob Roansel Admiral NBMG Gen Tire Genesco Pacific Ba Royer Aya Np Redta ate s+ 4 1Gillene 1.20 ted Sia bate 55 Allegtud 2.40 4a ta ma ae | Glen Alden Valsay Global Mariniat Goodrich Alvied Ste Tadou Pia Te Raia GreenGmt Wiate Yalscott Paper AmCyaty Greyhound Biz Spe Sy Amespw CrumnAite Hs Ae Bay Enka Abe Gulf Oi Tubstaut Ee Motors Hatliburt Sincerta AmNatoes Taneie L Barris Here Inc Soutn Co Ifa Eas Sparten Tg. Sperryr Howrey Sis Armour Brett Idaho Fw Stagvon Atlas Ch Yaland A. Salt Co Tektronix Beckman Entecs Boeing JohnsMan Textron Jon Logan Tydorms Lao Wi Timsie BorgWar Jester K— A Transitron Kaiser Bulova Koopers Kresce Alee UnionPacit Varian Asso Chris Crait Lengistt Er Wenay Co Iael Pw Jlucky Warlan Weas Wat Bane Eayrag Rails Utth Jusad Ca Dow-Jones Assocated Raitt Ind. Unl USN Y Transportation Tao My Fran Industrials Urch Finance
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North Carolina Forecast Turns Warmer with Mild Period

Regional outlook shows clearing skies in North Carolina with warmer highs mainly in the 60s and lower 70s, especially southeast. Tonight remains mild with lows mostly in the 40s, while a chance of showers returns west Thursday afternoon or evening as conditions stay mild. South Carolina and Georgia see sun and warmth today, with mid 60s to mid 70s, cooler nights, and a Thursday uptick in clouds and a small chance of rain west. Virginia trends cooler tonight after mild highs in the 60s to 70s, with mostly sunny Thursday and a risk of evening rain in the southwest. Overall, the Carolinas and Georgia stay mild through the period, with North Carolina averages near normal daytime highs and nightly lows in the 30s to 40s mountains and 40s to 50s elsewhere, and precipitation totaling around a quarter to a half inch as rain approaches Friday and late period.

MENTIONED IN THIS ARTICLE

North Carolina South Carolina Virginia Georgia
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State warns freeze drying of tobacco not yet proven

North Carolina State University said its research on using freeze dried tobacco to reduce nicotine and tar is too preliminary to confirm manufacturing viability. A memo sent to seven tobacco firms including R J Reynolds says Reynolds cooperated by supplying tobacco for cigarette manufacture, but the cigarettes have not been tested or evaluated yet.

MENTIONED IN THIS ARTICLE

Winston-Salem, ON. C North Carolina State University R. J. Reynolds Tobacco Co Winston Daten Keller Reynolds North Carolina Agricultural Experiment Station
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U.S. Citizen Among Venezuelan Air Crash Victims

The U.S. Consulate confirms 18 Americans killed in the Venezuelan airliner crash, including Richard Hunt of Hawthorne Road, Rocky Mount, North Carolina. The incident occurred Sunday, prompting federal dispatches and condolences from officials.

MENTIONED IN THIS ARTICLE

Maracaibo Venezuela U. S Richard Hunt Hawthorne Road Rocky Mount N.C
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Convicted letters urge Nixon Laird and Resor on Presidio cases

Under an advocate general ruling issued Tuesday Sood's dishonorable discharge and forfeiture of pay remain in force. The letters protest military actions connected to the Presidio cases and are addressed to President Nixon Secretary of Defense Melvin Laird and Secretary of the Army Resor.

MENTIONED IN THIS ARTICLE

Presidio Nixon Secretary of Defense Melvin R. Laird Resor Advocate General Sood
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Peru Seizes Tuna Boats Off Coast

Unofficial reports say the Peruvian navy seized one to two American tuna boats 23 miles off the extreme northern coast. Representative Thomas J. Pelly of Washington identified the vessels as the Cape Ange and the San Juan, with conflicting reports on which boat was captured. Lima's navy ministry had no information beyond a Washington dispatch and was checking with northern naval authorities.

MENTIONED IN THIS ARTICLE

LMA Peru Washington Thomas JM. Pelly R-Wash Ber. Pelly Cape Ange San Juan Navall
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Fire Hose on Money Markets May Backfire

Washington sources warn the inflation fight could blow back as higher interest rates intended to curb borrowing may instead fuel a price rise. Officials note corporations might pass higher costs to consumers, and if inflation expectations stay high, buying now could continue. The Nixon administration backs gradual disinflation, while the Fed believes a recession could be needed and accepted.

MENTIONED IN THIS ARTICLE

Washington Nixon Federal Reserve
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Debates on Death Penalty Abolition in North Carolina

Raleigh lawmakers heard W T Shaw claim abolishing the death penalty makes them accessories to crime. Rep. Britt rebuked the remark as the House Judiciary Committee heard arguments for and against the bill. Proponents, including former reps Harris and High, argued the penalty harms the poor and vulnerable while failing as a deterrent.

MENTIONED IN THIS ARTICLE

Raleigh North Carolina Shaw Britt House Judiciary Is Committee Archie McMillan D-Wake Rep W. G. Harris Sneed High Fayetteville Gaesinn
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Da Nang Hit By Rockets in Enemy Spring Offensive

Da Nang faced heavy rocket and ground attacks as North Vietnamese forces pressed their spring offensive. U S command reported 123 enemy dead on the first day of a major northwest Saigon operation, while U S Marines and South Vietnamese troops repelled assaults near Da Nang and Dien Ban. One American was killed and 23 wounded. a South Korean civilian helper and three Marines died or were injured in related actions.

MENTIONED IN THIS ARTICLE

U.S Saigon George Esper Associated Press Cong South Vietnam John T da Nangers da Nangi Guard-S Hood Dal Nang U.S. Navy da’ Nang Wheeler da Nang Dien Ban A Kay James Wales North Olmsted Ohio Eugene Griesing Weatherley
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Budget push edges toward Sentinel defense plan

A heavily ABM aligned committee heard Laird’s first formal budget presentation on the Chinese isile defense system. The proposed budget includes 200 million for Sentinel deployment with 12 batteries in the continental United States and options for two more in Hawaii and Alaska. The plan also seeks 800 million for initial Sentinel phase, including two sites and 10 more interceptors, testing Nixon’s support in the Senate.

MENTIONED IN THIS ARTICLE

ABM Laird United States Hawaii Alaska Johnson Sentinel Nixon
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Additional Military Pay Boost Dropped

Secretary of Defense Melvin R. Laird told the Senate Armed Services Committee that plans for an extra 1.2 billion dollar military pay boost this year are dropped. The 1.8 billion dollar hike already approved remains, but future raises are under review due to budget pressures as the Nixon administration moves toward an all voluntary force.

MENTIONED IN THIS ARTICLE

Laird Nixon Washington Melvin R. Laird Congress Senate Armed Services Committee
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Also Mentioned on This Page

Stock Market Report Phil Thomas PY Luisruuda Exchange W. T. Shaw W. R. Britt D-Johnston Harris Senate House George George Williford Barca Steel Corporation H&r Block America Menesea Ee N. Maik ST Thomasville Main ST
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