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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 23, 1972
Page
2
Stocks advance broadly on moderate volume led by gains across many sectors. The noon Dow Jones average climbs 7.30 to 941.23 as investors snap up bargains despite labor resignations from the Pay Board and a higher consumer price index.
NASD inter dealer quotations around 11 a.m. reflect representative prices for over-the-counter trading. Markets fluctuate through the day. Prices exclude retail markups markdowns or commissions.
A survey of opinion shows students and officials debating marijuana policy. Arron of Sulfur Oklahoma opposes all drugs while UMKC editor Taylor supports legalization as progress. Harvard Crimson editor Bluhm urges removing criminal penalties for private use. Officials note for reform but caution limits.
The Navy terminated Project Aquadog in September after evaluating it unfeasible. Research occurred mainly in Panama City Florida with Seal Team 2 personnel at Little Creek Naval Amphibious Base Norfolk VA confirms the program aimed to train dogs to swim underwater to detect or kill enemy frog men.
The SBI report details alleged nonconsensual blood draws from two critically ill patients who later died, improper care by three doctors amid drug treatment, rude conduct toward patients, and sexual involvement with staff. It notes a resignation in February and describes assaults among patients and staff, with alcohol given to a patient.
AP reports midday movement in the New York stock index across sectors including industrials transportation utilities and finance with modest gains and losses. The data show varied changes around the 40 to 65 point range across categories.
W. A. Tomlinson announces B. J. Williams as secretary-treasurer succeeding P. J. Neal who retired March 1 after 42 years. Williams joined Tomlinson in 1948 as junior accountant and has since served as assistant treasurer and secretary. He is a Hawkinsville Georgia native educated at Middle Georgia College and Georgia State University, living with his wife and three sons at 808 FE Farriss Ave.
Shirley Scheer co owner of the Mary Carter Paint Store completed an advanced decoupage seminar led by Roberta Raffaelli, a noted author and national instructor for Patricia Nimrocks. She will teach advanced decoupage techniques next fall to selected students at the Mary Carter Paint store.
Democratic candidate for North Carolina school superintendent accuses incumbent Dr. Craig Phillips of misusing federal education funds. Raleigh’s John H. O’Connell promises documented proof within 10 days and cites pressure on superintendents to back Phillips. Phillips calls the charges irresponsible and says a group of superintendents volunteers to aid his campaign.
The Pay Board remains in business as three labor members resign, with options to continue, reshuffle, or do nothing. Chair George H Boldt said continued work on proposals to drop wage controls for small firms and aid low income earners is planned, while White House eyes possible restructuring or extending the board’s life.
A radar activated speed meter will be tested on Los Angeles streets to show a car speed as the screen aligns with the driver. Demonstrated near City Hall to officials and reporters, the device by traffic engineer S S Taylor may be installed at four high speed sections by the Department of Traffic.
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