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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 15 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 29, 1974

Page

1

Stock Market Downturn Eases Slightly Amid Bargain Hunt

New York trading mixed as the Dow falls 2.90 to 851.45 at noon and declines ease from prior slides. Westinghouse led active list on the Big Board, while Holiday Inn s tumbled amid bearish notes. Upjohn and Syntex also slipped on concerns over drug side effects and prior losses.

NEW York New York Stock Exchange Westinghouse Electric American Stock Exchange Holiday Inns Wall Street Journal Wall Street Upjohn Syntex

New York Stock Exchange ends midday as high points rise

The New York Stock Exchange shows mixed activity at noon with multiple blue chips moving, led by Admiral and Texaco. Traders monitor shifts in energy and industrials as prices fluctuate and key shares post gains and losses.

New York New York Stock Exchange Sa Texaco Hailburd Hercules HoernWi Homestila Try Inlet AMP Inc Asdor Ghdd Babesw BeslFuxas Faye Beecair Jonlog BO Ld BellHow Jontaul Bendix BenllCa Bethstt Apt Akzonal AlcanAlul Aligtudle Va Armetol Boeing BoiseCas Sige Jnight BucyEriel Wis Koppishes Bvddeo Trattco Bulovan BunkrRadd Bronceh Ae Toe Levitz Furn Ind. Ralls Util Storks Lama Hse Iara Fun Macy Marcor McDonalds BM Bia Ncashr NatFuel NatGy EngEll

Dividend footnotes and notation in the table guidance

The text enumerates footnote symbols and meanings for dividend rates in a financial table. It defines indicators for regularity, special dividends, stock dividends, liquidations, and timing like prior or forthcoming payments. It also covers ex dates, rights issues, warrants, and foreign tax considerations.

Oil Bill Seeks Strict Price Ceilings on Oil and Products

The new bill would require the president to maintain rigid ceilings on oil and petroleum product prices while largely mirroring the old measure. It would let big companies pass to consumers only imported oil price increases from taxes and royalties paid abroad, offset by gains from lower U.S. tax liabilities. A retired Standard Oil executive told senators a 1968 memo predicting a decade of world surplus lacks significance.

Jackson U.S Standard Oil Co California Senate

Senate debate on North Carolina finance and interest rate policy

Taylor blasted past legislative steps raising rates from six to eight percent in 1967 and 1969 and warned that similar fixes for middle income families investing in shopping centers and offices would fail again, saying current efforts will not solve the problem.

Taylor

Stans Lied Says Cook in Nixon Campaign Probe

Former SEC chairman G. Bradford Cook testified that Maurice Stans told him to lie to a grand jury about a $200,000 Vesco contribution to Nixon’s 1972 re election. Cook said he lied twice, then chose to tell the truth, during a White House meeting with Stans. The trial of Stans and John Mitchell centers on alleged efforts to obstruct a SEC probe into Vesco.

NEW York (Ap G. Bradford Cook Securities and Exchange Commission Maurice H. Stans Nixon Cook Stans Robert Li. Vesco Commerce Atty John N. Mitchell White House Walter Bonner SEC Bonner Mitchell Vesco

Oil firms deny planned crisis in Senate testimony

Exxon vice president George T. Piercy testified the oil shortage was not planned, noting the company spent 2.4 billion in the U.S. and 1.6 billion overseas on exploration in 1967 63. G L Parkhurst of Socal cited over a billion dollars in U.S. expansion and programs in 20 countries during the 1960s. He defended Aramco's four company ownership and warned breaking it up would harm the enterprise. Local also claimed Aramco oil was resold to up to 45 independents.

Exxon Corp Standard Oil Co California Free World Saudi Arabia Iran George T. Piercy Exxon United States G. Ul, Parkhurst Middle East Socal Parkhurst Arabian American Oil Company Texaco Mobil Aramco Subcommittee Frank Church Idaho

Banana export tax may raise US banana prices

Standard Fruit Co. says it may suspend exports from Honduras for weeks due to a new export tax set by seven Latin American banana producers including Guatemala, Costa Rica, Honduras, Nicaragua, Panama, Colombia, and Ecuador. The tax, 1.0 to 2.5 cents per pound, could lift U.S. retail banana prices from 16.5 to 20 cents. The measure takes effect April 1 and is expected to reduce banana demand temporarily.

Tegucigalpa Honduras Standard Fruit Co United States Standard Guatemala Costa Rica Nicaragua Panama Colombia Ecuador

Legislator’s mailings under scrutiny amid privilege rules

Legislative rules restrict sending more than 50 letters daily without approval. Clyde Ball claimed oral permission from Speaker James E. Ramsey, who denied granting such power. Ramsey pledged immediate stop. Records show Rep Gerald Arnold mailed 183 letters on March 19 1921 in response to constituents, while declining to show copies.

House Senate Clyde Ball Legislative Services James E. Ramsey Mohn Ramsey Gerald Arnold D-Harnett

White House mum on subpoenaed Watergate tapes

House and Senate Watergate actions unfold as leaders push for access to presidential conversations. Senator Ervin denounces Attorney General Saxbe after the Justice Department opposed the committee’s suit for five tapes, saying Saxbe violated a pledge to defer to the special prosecutor.

White House Special House John J. Rhodes Arizona Judiciary Committee Ronald L. Ziegler Sam J. Ervin Jr Dn.c Senate Watergate Committee William B. Saxbe Justice Department U.S. Court of Appeals Ervin Saxbe Leon Jaworski

Potassium and Sodium Key for Body Water Balance

Potassium and its related mineral sodium are needed to maintain a normal balance of water between the cells and the body fluid. This essential pairing supports cellular function and overall fluid regulation in the body's systems.

Anti Chavez Campaign Reported By Los Angeles Times

Los Angeles Times reports the Teamsters Union is spending up to 100000 dollars a month to recruit farm laborers and weaken Cesar Chavez s United Farm Workers of America. Teamsters widen outreach to field workers, hire public relations help, and press a counter to the UFW boycott affecting grape and lettuce growers under Teamster contracts. Chavez remains confident his union will prevail and vows to beat the Teamsters this year.

Los Angeles Teamsters Union Cesar Chavez United Farm Workers of America Union Los Angeles Times Teamsters UFW Goliath Chavez David Cono Mecias Teamsters’ Agricultural Workers Organizing Committee United Farm Workers The Times Frank Fitzsimmons United States

Man Charged With Receipt Of Stolen Gas

CHARLOTTE AP The FBI says Edward Brown of Carolina Beach is charged with receiving 8000 gallons of stolen gasoline in a case tied to a fuel theft scheme.

Charlotte FBI Edward Brown Carolina Beach

Special Interest Funds Pile Up For Election

Special interest money for 1974 congressional races is accumulating rapidly, with on hand funds at $14 million to $15 million across committees. Common Cause notes 1972 saw $14.2 million from interests to Democrats and Republicans, while 1974 potential totals exceed 1972 spending, signaling large early fundraising despite reform debates. Fred Wertheimer warns that without reform, special interest contributions will surge in the fall elections.

Don McLeod Washington Congress Nixon Common Cause Democratic House Senate Fred Wertheimer Common Cause Campaign Finance Monitoring Project Wertheimer

Bank Robbery in Fayetteville Shopping Center

A masked gunman robbed a Fayetteville bank in a shopping center on Wednesday. The FBI said the robber fired a shot into the floor when the manager did not immediately lie on the floor.

Fayetteville N.C FBI Southern National Bank

Also Mentioned on This Page

Business and Financial News Stock Market Report Associated High Point Enterprise High Point Enterprise, Inc Church Avenue High Point Associated Press AP News Ara Independant Contractors Focal Ward-Griffith Company National Advertising Representatives UniTett UnivOil Fa Upjohn Ise Wachova Tis Westgel Cerrocos Nortikwos Chessie Northr Chris Cratt OlinCorp Omark Lad ColGasi Comsat Asamerao Bansircht Barneseng Ams ComtOillao Cinerama Crowntor Pfizer CrwZell Doom Curtisw FedResrees DeltaAir Psvcoll Dennys PSVEG instrumsSys Dressers Questar Ralston P Oughtavalsi Rancomn RapidAmt Eastairlin Easkal Ark Vere Pia LaMaur RF Ave Eaton wiReady Co Lee Entr Ehracpt Reichen Watley Gcansteel RyderSy Firestone Permaner PhoenixSite Aha Kary Wa Vikoa Inc Immgaf Cp Gaonnett Gendynam Singer Corp GenEl SmithKlinez Ava SouthCo Gillette Grace Stevens Giwnfin A.P. Stock W-Jones Storks Windus Industria Trasportation Finance Ap) — Oil Company Senate Foreign Relations Chicago Illinois Sen Charles H. Percy Arnold State Court of Appeals
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