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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 14, 1974
Page
1
The noon Dow rose 6.41 to 852.00 as blue chips Eastman Kodak Dupont and General Electric led gains while IBM Pfizer Upjohn and Merck posted modest climbs. Investors cited high interest rates inflation and House impeachment uncertainties weighing on action amid thin trading on the NYSE and Amex.
A pasted stock listing shows noon prices across many tickers with columns for high low and last, including AmEx names like AmAirlin AmpexCorp ArchDan and more, alongside a dense payroll of figures and a paragraph noting The High Point Enterprise publication details and rate information.
A dense table lists company names and stock data with percent changes and notes. It includes references to Zale Corp, Xerox Corp, and Winnebago, with footnotes on dividend types and special payments. The text also notes unofficial sales figures and various financial footnotes and symbols indicating stock actions.
New York stocks show varied movement as sectors such as industrial transportation utilities finance and others report mixed gains and losses. The index figures edge slightly with minor changes across several groups in early trading.
Quotations from NASD reflect interdealer prices about 11 a.m. Interdealer markets shift during the day and do not include retail markups, markdowns, or commissions. The High Point office of B F Hutton & Co. Inc. provides these figures.
The 170th meeting of the synod of the Associate Reformed Presbyterian Church will be held at Bonclark in Flat Rock North Carolina from June 3 to June 6. Delegates from 149 churches in 12 southeastern states will attend. T C Watt of Columbia South Carolina will be installed as moderator on June 4.
Greensburg Tribune-Review owner Richard Scaife, who gave nearly one million to Nixon, urges impeachment in a front page editorial. The paper argues for stepping aside under constitutional provisions until Senate verdict, criticizing Nixon’s handling of his duties and the 1972 mandate.
The article reports pressure from some Republicans and Democrats for Nixon to resign, while Senate leaders urge caution. Judge Sirica says a final expert report on the 18 minute gap will be released in about two weeks. The piece notes subpoenas for the President's brothers over a $100,000 Hughes-related payment and a possible Nader-led damages suit if bribery by Nixon is proven.
Senate votes on how to allocate about 1 billion dollars in Title I education funds for disadvantaged children amid a dispute over census based formulas. McClellan seeks to restore House style funding emphasizing 1970 census shifts, Pell argues for city poverty trends, with four year extension of programs and desegregation busing provisions amid debate.
Militant truck drivers protesting high fuel costs and low speed limits report little initial backing as the walkout, begun Monday, sees traffic near normal on major highways. No injuries. markets and processing centers face little disruption. Some drivers consider joining as unions watch progress.
The White House released edited Watergate transcripts on April 30 claiming they tell the full story. Nixon refused to turn over the complete original tape, while the House panel voted he was not in full compliance with its subpoena. Discrepancies arose from two typists producing different versions of the Nixon Petersen conversation, later combined in the transcripts.
Sen Sam J Ervin Jr will headline Catawba College Salisbury and receive honorary Doctor of Letters as 220 seniors graduate. Rep Parren J Mitchell Congress will speak at Johnson C Smith University as 189 degrees are awarded. Atlanta Mayor Maynard H Jackson Jr speaks at North Carolina Central University Durham. Jackson is the Georgia capitol's youngest mayor and NCCU honor graduate.
The White House moved over $52 400 in jewelry from a bedroom safe to the gifts unit after inquiries by columnist Maxine Cheshire. The set has been held for nearly two years, deemed public property. The items include emeralds and diamonds, ruby and diamond earrings, a Mond and ruby pin, and a diamond and sapphire pin.
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