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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 02, 1969
Page
2
Phil Thomas AP Business Writer provides a concise stock market update outlining major indices movements, notable earnings, and brief sector performance. The report highlights opening declines, intraday recoveries, and notable price shifts in technology and financial shares amid market volatility.
L. Montgomery notes that despite expectations the smoking habit remains strong among customers and himself. He cites personal use of two packs daily, indicating continued demand for smoking despite public concerns.
Washington AP report says Merck and other firms must label and withdraw certain antibiotic products like novobiocin after FDA warning. The agency cautions safer, more effective drugs and notes possible blood disorders, skin eruptions, injection pain, and rare death. Outstanding stocks not recalled yet. relabeling required for new quantities.
Britain’s new liner QE2 departed Southampton for New York on schedule but 15 minutes late. The 72 million ship carried 1,400 passengers on the five day voyage. Public relations chief William Bayliss cited the late start as an emotional climax after years of planning and work.
Raleigh AP reports a plan to overhaul the ABC Board with two proposed bills. The actions aim to reshape leadership and governance of the state liquor agency amid political pressure and regulatory questions.
London AP reports rising discontent within the Labour Party as critics discuss a potential vote of no confidence against Prime Minister Harold Wilson. Rebels claim a plot to replace him is forming with several cabinet members and MPs weighing who would best unite the party and unions.
RALEIGH AP A bill to align North Carolina personal income tax with federal provisions would remove constitutional exemptions and allow the General Assembly to set new ones The sponsor Sen William Staton says it could fix inequities and adjust exemptions as the economy changes It would follow the Constitutional Study Commission recommendations and requires a public vote if approved by the General Assembly
RALEIGH AP The North Carolina House voted 23 to day to pass and send to the Senate a measure to create a new Warrenton school district separate from Warren County.
Secretary of State Thad Eure pledged to oppose a short ballot amendment and urged the General Assembly to act on a constitutional revision package. The North Carolina Constitution Study Commission proposed ten amendments, with Eure criticizing changes that would make five council members appointive instead of elective.
A Mount Dhaulagiri expedition in western Nepal left five U.S. climbers and two Sherpa guides dead after an avalanche. Two survivors, William Read and Jeffrey Duenwald, were evacuated by a U.S. Embassy helicopter. The rescue was delayed by bad weather, with three other Americans and two Sherpas reported in good condition. The effort aimed to reach Pokhara before continuing to Katmandu for onward travel.
In Greensboro a 16 year old from Ohio, Patrick Stottle, will be awarded a bronze medal and $500 by the Carnegie Hero Fund for rescuing Tammy Burgess and Robin Badgett from the Atlantic Beach surf. Mrs Badgett said Patrick swam to Tammy and then to Robin, calming Robin before returning to shore. The incident occurred as the two children were swept into the ocean. He saved their lives and their mother praised his courage. Weather and regional notes follow.
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