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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 20, 1972
Page
2
The noon Dow Jones industrial average rose 4.22 to 947.10 amid moderate trading. Gains in Eastman Kodak 115 declined others lifted by steel, motor, chemical, tobacco, and drug issues with varied results across sectors.
A 100 pound explosion tore through Donegall Street Belfast sending a ball of fire into the center. Police say six people died including a child and two officers with 97 injured. Terrorists reportedly lured pedestrians toward the blast area as ambulances rushed to the scene.
Amber, the hardest resin, yields a fine yet costly varnish sourced from fossils of extinct Baltic pine trees once lining the Baltic shores.
The noon NYSE index shows a 13 cent rise to 60.26 with minor changes across sectors. Industrial, transportation and utility groups reflect small gains, while overall market activity remains mixed.
The Lane Co Inc of Alta Vista Virginia declares a 25 cent quarterly dividend on preferred shares to holders of record June 15 payable July 1. It also declares a 12.7 cent quarterly dividend on common shares to holders of record March 28 payable April 7.
Rawson L. Wood chairman and president notes Arwood Corporation expects profitable first quarter 1972 based on January and February results. The firm posted a 1971 net loss of 2,705,500 and 1970 loss of 1,302,800 with 1971 sales 24,122,100 versus 26,381,200 in 1970. Wood cautions final 1972 results are not estimable yet but expresses optimism for the year.
A bank official reports a lone gunman robbed a Charlotte First Union National Bank of North Carolina branch of an undetermined amount. The suspect, dressed as a woman with a wig, ordered the manager to the floor and told three tellers to fill a bag with cash. He fled on foot toward an apartment complex. no customers were present.
A Congress warned MIT study shows the gap between America’s poorest and wealthiest nearly doubled from 1949 to 1969. The report argues inflation relief policies hurt the poor and recommends wage price policy, targeted manpower programs, and job quotas for minorities.
Democrats begin a three day campaign swing in Wisconsin with notes from Decatur Illinois where McGovern pledged to close tax loopholes costing the government 28 billion dollars a year. Alabama Governor Wallace, Florida winner with 42 percent, calls himself a serious candidate though not ruling out a third party bid in 1972. Wallace sets Wisconsin as next test.
Former Justice Arthur J. Goldberg told the Supreme Court the baseball reserve clause is a severe restraint that binds a player to one team and extends to minor leagues and abroad. Proponents call it core to baseball. Flood and the players union urge freedom akin to other sports, with a decision expected by June.
The Saudi News Agency reports forty South Yemen opposition leaders of the Front for the Liberation of Occupied South Yemen were invited to reconciliation talks in Sbeiha and killed by mine explosions that destroyed their tent. Abdulla Asnag, ex foreign minister, and Abdul Kawi Mekkawi led FLOSY in exile from Tai z.
In Frankfurt AP reports West Germans embrace the Trimm Dich Durch Sport campaign to boost fitness via humor and short exercise breaks. Initiator Karl Bellmer says the program shifts from threats to pleasure and health, amid high health concerns and early retirement trends affecting half the workforce.
An early morning pair of fires in downtown Greensboro gutted two buildings and damaged two more. A man identified as Booker T. Newman was found dead in his ruined home as fires threatened a Variety store, a news dealer’s store, a cafe, and a hotel.
An Independent Newspaper lists mailing rates by subscription plan and payment terms. Figures show daily and Sunday editions with yearly and short-term options, reflecting the publisher's pricing structure.
When threatened the armadillo lizard rolls onto its back and bites its tail to create a protective armor ball around its soft underside, a defense mechanism observed in its behavior.
A summary of fatal automobile accidents across several counties: Robert G. Hostetter, 66, of Bay City Michigan, killed when a speeding car overturned near Hot Springs in Madison County. David Lloyd Aycock, 29, of Roanoke Rapids, dies when a car overturns two miles west of Roanoke Rapids Halifax County. Richard Haley, 24, of Bladenboro, killed when his car slammed into a side of a train in Bladenboro. Margaret Pittman, 80, of Lumberton, struck by a car on a Lumberton street. Allan G. Johnson Jr., 23, of Fuquay, dies in a rural road wreck north of Raleigh. Jimmy LeGrand Shelley, 31, of Tabor City, killed when his car struck a tree in Horry County South Carolina.
About 50 contenders for state and local offices plus President candidate Terry Sanford attended a meet the candidates event in Fuquay-Varina North Carolina. The two hour gathering drew roughly 300 people with no speeches and included Nick Galifianakis and three lieutenant governor hopefuls Margaret Harper Jim Hunt and Roy Sowers.
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