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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Sep 06, 1972

Page

2

Stock Market Slips Again Amid Rising Rates and Spending Cues

The Dow fell 4.44 to 964.93 as 733 issues declined and 364 rose on the New York Stock Exchange. The American and exchange indices slipped on higher short term rates and weaker second quarter capital spending, with Alexander's, Inc. the most active decliner at 10 percent.

NEW York New York Stock Exchange American Stock Exchange Treasury Leo Lancer Bruns-Nordeman & Co Alexander's, Inc

Olympic tragedy tears into Munich Games

West Germany faced a shocked nation as terrorists raided the Israeli team quarters, killing a wrestling coach and a weightlifter. Nine captives remained as helicopters ferried attackers and hostages to an air base amid a tense standoff and a firefight that left at least one attacker dead. Chancellor Brandt declared the joyous games over and urged renewed resolve.

Willy Brandt Olympic Village West Germany Israel Cairo Fuerstenfeldbruck Fair Force

New York Stock Exchange Index Report At Noon

The AP notes a noon report from the New York Stock Exchange showing the market index with slight fluctuations. Industrial and transportation sectors move modestly while utilities and finance show small changes.

NEW York Stock Exchange Index Wey Industrial Bee

Wallace Elected Chairman of Southern Governors Meet

Alabama Governor George C. Wallace was elected chairman of the Southern Governors Conference in Hilton Head Island. He sat in a wheelchair as the three day meeting approved resolutions for a national uniform school desegregation policy and opposed busing. Melvin Evans of the Virgin Islands was named vice chairman, becoming the first black to hold that post.

Hilton Head Wallace Gov. Wallace West Congress Evans Melvin Evans Virgin Islands Spiro Agnewo

North Vietnam Attacks Increase in Central Highlands

In Saigon, U S B52 bombers hit North Vietnamese troop concentrations within 14 miles of Pleiku as South Vietnamese report two new attacks near Pleiku and Kontum. Captured documents indicate Hanoi planned a Highlands campaign for anniversaries. A 300-strong NVA assault on a ranger position near Pleiku was repelled with 15 enemy killed. An Ngo Trang base attack left 19 NVA and 12 ARVN dead. The US Commando reported two F8 Crusaders lost in a refueling collision. pilots were rescued. Typhoon Elsie’s aftereffects limited air strikes to about 199.

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East Carolina Med School Backed for Four Years

Dr Lenox Baker secretary of the state Department of Human Resources endorses a four year medical school at East Carolina University He spoke at ECU s opening of its one year medical school noting the urgent need compares to historic medical schools and ECU seeks to expand to two years by September 1974 with a view to a four year program later.

Raleigh N.C Lenox Baker State Department of Human Resources East Carolina University Baker ECU Eastern Carolina University Duke Bowman-Gray University of North Carolina School of Medicine University of North Carolina Board of Governors

Nixon Ends California Park Visit

President Nixon wrapped up his California trip with a ferry cruise and a personal endorsement of the Gateway West recreation area. He and environmental advisers toured part of the proposed Golden Gate National Recreation Area from a commuter ferry on Tuesday.

Nixon California Park San Francisco California Gateway West Pacific New York Harbor Golden Gate National Recreation Area

Piedmont Natural Gas seeks rate hike amendment in NC filing

Piedmont Natural Gas Company files September 1 1972 amendment to its Amended Petition with the North Carolina Utilities Commission to recover higher gas costs. It proposes increases of 00609 to 01109 per Mcf on firm rates and 01007 to 01507 per Mcf on interruptible rates, depending on supplier increases. A hearing is set October 3 1972 at 1 00 p m in Raleigh. amendment if approved would be heard at the same time and place.

Piedmont Natural Gas Company, Inc North Carolina Utilities Commission Yancey Road Charlotte North Carolina Piedmont Commission Ruffin Building West Morgan Street Raleigh J. D. Pickard

Nixon says U S will boost security for Israeli citizens abroad

In a response to Israeli concerns, President Nixon asserts the United States cannot govern other nations but will show interest and aid. He promises enhanced security for Israeli travelers in the U.S. and notes existing measures for Jewish Olympic team members. Sargent Shriver urges sanctions on Arab states harboring terrorists but warns such moves may backfire.

Nixon McGovern Sargent Shriver Albany N.Y Shriver

Police and Firemen Death Benefits Approved by Senate

The Senate approved a bill granting $50,000 federal benefits to dependents of police and firemen killed on duty retroactive to 1967. The measure also covers prison guards and national guardsmen, with additional $25,000 awards for certain injuries. The bill moves to the House.

Washington Senate John L. McClellan D- Ark Justice Department White House House Artian Tnaedav

Also Mentioned on This Page

Stock Market Report American Exchange Urness Olympic A.P. Stock Osociated Press Rails Ind Fon. L Indus Dow-Jones NEW York Stock Index N. Viets E. Carolina Med School High Point Enterprise High Point Enterprise, Inc Church Avenue High Point Okly Ward-Griffith Company National Advertising Representatives Police Perma Shade Awning CO Racing News Detroit
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