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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 06, 1969
Page
2
The Dow Jones industrial average rose to 961.68 at noon, up 2.73 points, as trading continued across the market. Investors weighed early gains against ongoing volatility from global financial news and corporate earnings.
American of Martinsville has purchased a 100000 square foot Martinsville building formerly National Industries of Virginia to expand production of frames dining room chairs and occasional tables. President R M Simmons Jr says at full capacity the plant will add about 200 jobs, raising total payroll to 2700.
Cambodian border forecast notes Saigon area tensions as Air Cavalry units report blocking battalions from three North Vietnamese divisions in response to the Communist spring offensive announced February 23.
Amid a heated petition on desegregation, petitions claim daily bused students would force many families to relocate near desired schools. In Charlotte-Mecklenburg, about 14,000 of 24,000 Negro students attend predominantly Negro schools as desegregation debates hinge on housing choices and school proximity.
Military sources say the army is unlikely to exceed five hundred forty three thousand troops. No further details are provided.
NBC's Laugh-In leads the Emmy nominees with 11 bids the most of any show. the ceremony will be broadcast on CBS. The article also notes the program's prior year win and its current lower ratings, while tangential items discuss events at Carnegie Hall and Santa Monica Civic Auditorium, plus Vietnam casualty figures and unrelated weather notes.
Jefferson-Pilot Corp directors declare a 20 cent per share quarterly dividend payable May 0 to holders of record May 16. Stockholders re-elected all directors. President W. Roger Soles reports 1968 earnings of 2.02 per share versus 1.63 in 1967. Four new officers elected Kenneth P. Hinsdale L. C. Stephens Jr. Rufus White as vice presidents and Charles G. Powell Jr. as associate general counsel. Guy B. Phillips Jr. is promoted from assistant secretary to secretary.
Bucher, now relocated to a new assignment, is accused of dereliction in duty for inadequate planning of emergency support for Pueblo during a confrontation and alleged negligence in failing to coordinate critical resources. The case centers on responsibility and safety implications for the community.
Elkin North Carolina AP: Opera shifts remain orderly and action continues at the Chatham plant as pickets take positions at both gates. Union officials report a midnight changeover while negotiations continue, with no clear estimate of how many workers are on strike and a restraining order in effect.
Washington AP reports Goodell proposes a broad overhaul of the draft focused on conscience in exemption claims. He argues the current Selective Service Act is unconstitutional and urges abolishing student deferments while limiting exposure to one year for 19 year olds.
The SCLC plans a Mother's Day civil rights march moving from Washington to Charleston to back striking Negro hospital workers. Rev Ralph Abernathy will lead both Charleston and Greenville demonstrations with national labor and civil rights leaders joining the effort.
Washington AP reports Quakers urging immediate U.S. troop withdrawal from Vietnam conducted a candle lit vigil outside the White House through Monday night into today. About 1,900 demonstrators gathered as Quakers met for an hour with Dr. Henry Kissinger, Nixon’s security adviser, to press peace talks and withdrawal.
The Wolfson money affair prompts party leaders to weigh impeachment risk and possible investigation. Fortas denies intent to act on Wolfson behalf and says he returned the fee after deciding not to take on the assignment. Senate leaders question jurisdiction while Fortas faces renewed scrutiny over his finances and prior ties.
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