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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

May 02, 1975

Page

1

U.S. stocks rise on favorable financing outlook May 2 1975

The Dow up 9.86 to 840.82 as investors cheer Treasury borrowing plans. Emerson Electric leads NYSE activity while Great Western Financial Ahmanson and Federal National Mortgage rise. unemployment hits 8.9 percent in April with employment up for first time in seven months.

New York Stock Exchange Treasury Emerson Electric American Stock Exchange Great Western Financial Ahmanson Federal National Mortgage NYSE Syntex Amex

New York Stock Prices Reported By AP

The Associated Press notes noon prices from New York markets with extensive trading figures. The report lists numerous securities, bonds, and indices, highlighting fluctuations and closing values across industries and companies.

Philippine officials plan arrests of former Vietnam leaders

Philippines officials said they would arrest former South Vietnamese officials arriving on US bases. Nguyen Cao Ky, once vice premier and air marshal, was reported aboard the carrier Midway due to dock at Subic Bay Naval Base. Details on charges and on-base arrests were not explained.

Nguyen Cao Ky Midway Subic Bay Naval Base Olegario U.S

Thousands Of South Vietnamese refugees moved toward U S ports

Washington AP thousands of refugees were being ferried by the U S Navy to sanctuaries abroad while officials weighed how many would reach America The Pentagon cited total evacuees over 75000 on U S bases abroad and on ships with about 30000 aboard a Vietnamese flotilla Hancock carrier to reach Subic Bay Philippines by 9 PM EDT with 2001 evacuees aboard including 101 Americans 1815 Vietnamese and 85 third country nationals on U S bases in the Pacific 35319 California 4381 on the U S mainland and 2000 processed afloat headed to sponsorship locations Refugees arrived at Ft Chaffee Arkansas and met by the governor with smooth initial reception.

Washington U.S. Navy U.S. Immigration Service America Pentagon Vietnam United States U.S Pacific Hancock Laitin Camp Pendleton Calif

Marshal testifies that White House ordered rally exclusion

In 1971 Ernie Helms testified that William Hinkle ordered him to eject people from a Billy Graham rally at the Charlotte Coliseum. Helms, a VFW member and rally marshal, said age or gender did not drive the removals, and he acted under Hinkle’s instruction to manage line formation and evict disruptors. The suit seeks about 1.03 million dollars from Haldeman and others. witnesses differ on details.

Billy Graham Charlotte Helms U.S. District Court Hinkle Charlotte Coliseum

France seeks Khmer Rouge aid for stranded truck convoy

d Estaing said Paris is pressing Phnom Penh authorities and the Khmer Rouge across the river border for the fate of a humanitarian truck convoy. French official Marc Bonnefous hailed the group by loudspeaker as rain fell, but no reply came. Khmer Rouge later said the group ran out of gas 30 miles from the border amid unclear status.

Bonnefous Thailand Jean-Louis Toffin Khmer Rouge Phnom Penh Paris Sirik Matak Cambodia

Pentagon says U S retains title to donated aircraft

Defense Secretary Schlesinger said the United States retains little to all air craft given under assistance programs. The Pentagon estimates South Vietnam's new Communist leaders hold more than 5 billion dollars of weapons and equipment supplied by the U S. Officials note the figure is original equipment cost and much inventory is unusable or in poor condition.

United States James R. Schlesinger Pentagon South Vietnam

Chrysler Plans Higher Prices After Big Loss

Chrysler Corp. will raise 1976 car prices following a $94.1 million first quarter loss for 1975. Chairman Lynn Townsend called the increases absolutely unavoidable and cited industry need after GM signaled similar plans. Analysts expect overall auto profits later in the year despite weak sales.

Chrysler Chrysler Corp Lynn Townsend Townsend General Motors Oscar 4. Lundin

Newspaper prices rise nationwide amid higher costs

The Associated Press reports print costs push prices up across the United States. The New York Post will raise newsstand prices from 20 to 25 cents next Monday. The Walla Walla Union Bulletin hikes home delivery to 3.50 monthly while keeping daily price at 15 cents and Sundays at 25 cents. Other papers like The Boston Herald American and The Boston Globe have already increased to 20 cents. Additional papers including Portsmouth Herald and Democrat and Chronicle have followed the 15 to 20 cent rise.

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Tax loophole protests in North Carolina debate

North Carolina lawmakers confront a tax exemption allowing wealthier residents to dodge state income taxes. Critics say the loophole shifts tax burden to the federal government and hurts widows and retirees, while proponents cite fairness concerns and potential reforms like a minimum tax. The dispute includes letters and testimony from Sen. McNeill Smith and Rep. Kirby, who seeks changes to close or rebalance the system.

North Carolina Fred Uncle Sam Sen. McNeill Smith D.guilford General Motors Kirby Smith

Also Mentioned on This Page

Business and Financial News Stock Market Report Chet Carrier Ust Iny Post Office High Point Bestage Peig Ad Conlert Ang High Point Enterprise, Inc Ward-Grittlin Company National Advertising Representatives Dow-Jones A.P. Stock Manila Philippines Subic Bay Joe Laitin U.S. m Mainland Ft. Chaffee Ark White House Detroit Boston Globe
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