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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 31, 1976
Page
2
NY stocks edged higher in a mild technical rebound led by gains at General Motors and Kodak amid bargain hunting after recent declines. The Dow rose 1.42 to 993.95 at noon as overall NYSE volume remained high about 713 million shares.
The High Point Enterprise announces publication schedule and subscription rates. It notes daily and Sunday editions, carrier delivery details, and advertising representation while listing contact paths and disclaimers about subscription payments and independent contractors.
US Navy divers failed to locate the body of Donald Matthews Jr. five days after he disappeared while fishing in the Roanoke River near Hamilton. Matthews, owner of Ledo Farms and former state highway commissioner, was last seen after his boat was found near the Hamilton Gun Club. The search around the area continues amid cold, dark conditions.
Washington AP reports seven weak railroads merge into government-backed ConRail the largest U.S. corporate reorganization. Penn Central Erie Lackawanna Reading Central of New Jersey Lehigh and Hudson River Lehigh Valley and Ann Arbor disappear. ConRail, funded by nearly 2.1 billion, will be the nation’s largest revenue rail line with 17 000 miles plus 3100 miles of subsidized routes. About 3000 miles of track will be abandoned. ConRail plans 100 000 workers. The plan faces years of legal battles over asset values and expected losses first year while predicting profits by 1973 and 1985 as improvements take effect.
In Galilee, Israeli police patrolled tense Arab villages as residents prepared to bury six Arabs killed by police and army gunfire amid fears funerals could trigger new riots. police reported youths stoned officers in four villages but no major violence after a 24 hour strike.
Congress debates defense funding as Ford vows veto over cuts while Rumsfeld and officials warn the US could fall behind the Soviet Union. In Israel, Arab protests over land sales turn violent. 31 Arabs and about 50 security personnel injured as rioters clash with police in Galilee and Nazareth amid broader West Bank tensions.
Reagan to take over campaign post Friday after taping a self written national speech in Hollywood. He canceled a week of appearances to focus on the message as hecklers and demonstrators at stops in Wisconsin sparked responses from Wallace and Jackson.
Psychologist Alouf notes spring brings varied reactions from blues to heightened energy. Some feel diminished sex drive when alone or separated from loved ones, while others gain vigor at work. Advice emphasizes respecting personal needs, not chasing others' standards, and accepting children’s springtime rowdiness without envy.
London AP James Callaghan appears likely to become Britain's next prime minister after leading leftist Michael Foot in a Labor Party secret mail ballot. Callaghan 141, Foot 133, Healey 38 with two mail votes lost. three Scottish Nationalists abstain. A third ballot looms. Healey's votes may shift to Foot.
Talks with Trucking Employers Inc representing 16,000 firms hinge on Teamsters demand of no ceiling in the next contract. They seek $1.75 hourly raises and $17 weekly in pension and health benefits over three years. TEI offers based on 39 months with $11 weekly benefits. Employers raised wage offers from 85 cents to $1.00 hourly. Current driver wages range from $7.18 to $7.83 per hour.
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