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High Point Enterprise in High Point, North Carolina

30 May 1974

Page 1

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

May 30, 1974

Page

1

Stock Market Slips Amid Fed Policy Fears

New York stocks eased as the noon Dow fell 0.70 to 794.67 and the NYSE saw more decliners than gainers about 3 to 2. Investors worried about the Fed’s restrictive credit stance and higher interest rates. Polaroid led declines with a 4 percent drop at 38 42, amid weak SX-70 film sales signals. Texas Instruments, American Home Products, and McDonald’s also fell in a broad market downturn.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange Federal Reserve Board Fed Polaroid American Stock Exchange Ist Texas Instruments McDonald's Igatr OlinCorp OfisElv Whittaker Associated Press PepsiCol DillonColb Disney Dressers Lava Va Publ Tanis Nexday EastAirLin GM de Oy Ralston Baskod RapidAmi Eaton Va Raythen Echlin Tove ElPasoGib Aesselet Ya Euracp Satie Evans Exxona Fairind New York Firestone StJoeMin Alva Alva Industri Transportati Siva Scott Pap Searleg Free Ea Sears l Sperryr Airco Wes Windustrials Sd Goodyrtri Hatburd Tesoro P Ammici Texacom Texacom Va Vallee Va Sala Heublein Ya Amp Inc AmpexCorp Va Transam TRW I Armco TwenCen Va ArmsiCk Idaho Ualing AtlasCorp Interi Babckw Uniterands intAinch Unitep Usgypsoo US Ind US Steel Uni Bendixl btekCorp Univolp WAL Bentical Jewel BoiseCas JonLau IBY We Borden Dostens Ify BrgoWwar KaisAlu Viet Ye Brunswk Kangell Bueyertel KanPet BuddCo Bulovan Katyind American Stock BankrRa Csen Va Kellogg Ma Exchange Burlind Kennecottz Vaale BuriNarl Ae— Burryns Knight Kapprs Kresger Camrlin Kroger Ain LearSieg BarnesEng CarrCp LenPct Brascan al CartWall Lenval Ind Pion We Brewer Casilec Cab Lehmat Caterfil.ao Levite Furn CerroCal Lackholdire Cessna EspeyMig Kooy ChessCraft Ava Miemh Sma FedResrees McDonalds ArkCrp Sun MeadCp Midsun Medenco iWa Monsan Newpark Motorola Ozarks Phoenix NatOlstill Nt Steel VIZ Yates Ind
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High Point Enterprise masthead and contact details

The High Point Enterprise announces its status as an independent newspaper established in 1884, with address at 210 Church Avenue High Point North Carolina, and notes Associated Press membership and mail and carrier subscription rates for daily and Sunday editions.

MENTIONED IN THIS ARTICLE

High Point Enterprise High Point Enterprise, Inc Church Avenue High Point N.C Associated Press AP News Ward-Griffith Company National Advertising Representatives
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Over-The-Counter L Bid- Asked-Quotations Report

NASD quotations from KE F Hutton High Point office show inter dealer prices as of about 11 a.m. These quotes reflect dealer to dealer pricing and do not include retail markups, markdowns, or commissions. Markets fluctuate through the day and may differ from later quotes.

MENTIONED IN THIS ARTICLE

High Point KE. F. Hutton & Co. Inc
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Frome case clarifies impeachment recordings issue

Judge Sirica said the court does not imply the sought recordings are irrelevant to the impeachment inquiry. He stressed the court has no role in the matter and noted the White House decision could push the issue to the courts. The discussions concern the June 17, 1972 Watergate break in at DNC HQ and Nixon aides.

MENTIONED IN THIS ARTICLE

Frome Sirica Judiciary Committee White House Watergate Democratic National Committee Nixon U.S. Court of Appeals White Horse
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Stock Market Slumps To New Low On Pact News

The stock market opened with declines as the Israeli-Syrian disengagement pact did not ease investor worries about inflation and high interest rates. By Wednesday’s close the Dow Jones industrial average fell 18.93 to 795.37, marking only the second close below 800 since 1970. The NYSE composite dropped 0.75 to 45.74, its lowest close in over three years.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange
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Watergate Impeachment Inquiry Advances Amid Split Views

The House committee wrapped a preliminary Watergate evidence session amid mixed reactions. Rep. Charles Rangel says the evidence shows impeachable offenses while others call the case insufficient. the panel plans next steps including possible public hearings and a subpoena, with members split along party lines on the case’s strength.

MENTIONED IN THIS ARTICLE

Mittee Charles Rangel Dn.y Nixon St. Clair Peter W. Rodina Jr D-N.j John M. Doar Rangel White House Henry Smith II R-N Carlos Moorhead R-Calif William Hungate D-Mo Walter Flowers Dala
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Ulster Violence Sparks Reconciliation Effort

In Londonderry after a night of rioting a 300 person mob attacked troops with pick handles and garden shears. British NI Minister Merlyn Rees met with Ulster leaders including Brian Faulkner to salvage the power sharing effort as normal life resumed after a 15 day strike ended.

MENTIONED IN THIS ARTICLE

Colin Frost Associated Press Belfast Northern Ireland Ulster Londonderry Ireland Brian Faulkner Rees Harold Wilson
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Nixon faces impeachment inquiry over evidence in Plumbers case

In a Watergate context, Nixon may withhold trial evidence sought by defendants Ehrlichman Colson and three others accused of civil rights violations linked to Ellsberg's psychiatrist Fielding. A judge rejected executive privilege claims as prosecutors press for meetings notes, while special prosecutor Jaworski seeks an early Supreme Court decision on withholding subpoenaed material. The IRS also levied a negligence penalty on Nixon for back taxes totaling over $400,000.

MENTIONED IN THIS ARTICLE

Nixon House Judiciary Committee John D. Ehrlichman Charles W. Colson White House Ehrlichman Colson Daniel Ellsberg Lewis Fielding Fielding Ellsberg Pentagon James D. St. Clair Geseil Leon Jaworski Supreme Court U.S. Court of Appeals St. Clair Appeals Court Washington Jaworski Internal Revenue Service Baltimore Sun IRS
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Newsprint Price Rise Expected in British Columbia

British Columbia pulp and paper producers anticipate price increases for newsprint and pulp. Bleached kraft may rise to 325 to 330 per ton on July 1, with newsprint likely reaching about 250 per ton within six to eight months. Last raise April 1 boosted bleached kraft to 290–295 and newsprint to 209 in BC and 213.50 in the US.

MENTIONED IN THIS ARTICLE

B.C United States
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Watergate Memoranda Claim From Howard Hughes Emerges

LOS ANGELES watergate notes surface with Hank Greenspun claiming handwritten Hughes memos might link a $100,000 Hughes contribution to Nixon friend C. G. Rebozo. Greenspun says a taped NBC Tomorrow segment will air. he cautions no verification beyond his word.

MENTIONED IN THIS ARTICLE

Los Angeles Hank Greenspun Howard Hughes NBC Greenspun Hughes Nixon C.G Bebe” Rebozo Tom Snyder Watergate Rebozo
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Also Mentioned on This Page

Stock Market Report Dow-Jones A.P. Stock Util American Furniture Anheuser-Busch Atlantic Pepsie Bassett Furniture Wve Bluefield Supply TM Ae C. Cola Bt. Con Daniel Intl. Com D-head Corp Henredon Pa J.B. Ivey Lane Life of Carolina Ncnb Corp I N.C. Natural Gas NW Inv. Com. Il Piedmont Avia Merlyn Rees Britain Northern Detroit Vancouver British Columbia London Northern Ireland Assembly Democrats Solicitorial District Guilford County
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