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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 27, 1977
Page
2
The Dow Jones industrial average rose 3.12 to 816.53 by noon amid an 11.87 point gain on Wednesday. Gainers led 3-2 on the NYSE as traders welcomed Federal Reserve Chairman Arthur Burns’s pledge to curb inflation by restraining money-supply growth.
The page compiles varied stock quotes and financial figures with American Exchange listings. It includes prices for Textron, TexOgs, Transco, TriCon, United, US Gyos, US Stee, Antech, Verien, and others, plus Indexed Dow Jones averages and market summaries.
Three West German terrorists Andreas Baader Gudrun Ensslin and Jan Carl Raspe were buried in Dornhalden cemetery Stuttgart with hundreds of police present. They died in prison Oct 18 after a failed hijacking attempt and inconsistencies surround their deaths.
John Dean Ill, former White House counsel, was struck by a banana cream pie during a Fredonia State College lecture. Police said a masked man shouted con man and fled. the assailant faces disorderly conduct charges and an appearance ticket. Dean reportedly earned 2500 for the talk.
Florida orange juice officials debate whether Anita Bryant should continue as the industry’s top promotional face. Edward Taylor says her gay rights stance has hurt her image with consumers, especially younger audiences, while Dan Richardson of the Citrus Commission disputes that claim and notes no curtailment plans.
Ray Earle James Earl Ray faces an escape trial in a makeshift Morgan County courtroom four months after breaking out from a rural East Tennessee prison. Ray wore a suit, his new attorney Mark Lane arrived, and the defense argues Ray cannot be convicted of escape due to an unfair King assassination trial.
Daniel R. Webster testifies in his murder trial detailing the death of his wife. He recounts sneaking up behind her during dinner, striking with an axe, pinning her, and stabbing her with a knife. He claims months of planning and notes past confinement and treatments, while doctors deemed him competent to stand trial.
The piece argues for or against a constitutional change to allow an eight year gubernatorial term in North Carolina. It discusses potential benefits like stronger legislature alignment and enduring programs as well as risks of weakened checks and a dominant executive. It notes former governors and opponents worry about balance, accountability, and political machines.
Associate professor says the telephone poll of voters and nonvoters does not predict the election outcome. Students conducted the survey about governors serving a second term and a proposed measure. Results show 50 percent in favor, 34 percent opposed, 15 percent undecided, with a 4 percent sampling error.
More than 400 attorneys attend the 44th annual meeting in Charlotte with remarks by U.S. Attorney Iffin Bell and Governor Jim Hunt. Sen. Robert Morgan, D, is also listed among speakers.
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