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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 22, 1969
Page
2
American business notes by Whayne Eisenman summarize stock market activity and notable financial indicators. The report highlights market movement, key indexes, and notable shifts in sectors or companies influencing trading at press time.
Brokers reported a broad uptick in New York shares led by utilities and industrials as debits rose across regions. The Dow Jones average climbed with gains in transport and rail issues, while analysts noted inflation fears and energy costs influencing early trades.
A foundation connected to a Nevada chain faced scrutiny over ties to Parvin Dohrmann three casinos the Aladdin Fremont and Harvey Silbert stated the foundation cut all gambling connections in May after Douglas resigned as foundation president following the sale of Parvin Dohrmann shares. In North Carolina forecasts the week brings below normal temperatures with cool days and nights and only a small chance of showers in the southeast.
In a public audience Pope Paul VI urged moderation and gradual changes in church governance. He denounced excess zeal for rapid reform and urged bishops to seek unity while allowing room for decentralization within the Holy See and synod discussions. He noted liberals’ push for collegiality but framed guidance as cautious, not sweeping.
Washington AP Maj. Gen. Carl C Turner was to testify before a Senate subcommittee amid charges he blocked an Army probe into a graft ring of top enlisted men. Turner faced questions on weapons seized from police and claims he used them personally rather than for official Army duties.
Republican leader Scott urged confidence from Americans and youth while Senate Democratic Leader Mansfield called Nixon’s policy a shift from massive retaliation to protective reaction. General Westmoreland opposed unilateral cease-fire arguing it cedes control of territory.
AP reports Beatle Paul McCartney stating he is alive and well and unconcerned about circulating death rumors. Apple Records confirms no public appeal will be made, while fellow Beatles George Harrison and Ringo Starr dismiss the stories as stupid. McCartney, traveling and on holiday, has not explained the sources fueling the hoaxes.
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