High Point Enterprise Newspaper Archives Sep 27 1976, Page 2

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High Point Enterprise (Newspaper) - September 27, 1976, High Point, North Carolina 2a High Point Kilter prise monday september 27, j 976 business and financial news Stock Market report Texaco 2 9 341 28 28 a 4 Texes in i 85 8 23 37% 37 37 new York apr Stock prices wavered Back and Forth in a narrow band today. At noon the Dow Jones average of 30 Industrial stocks was Down an even Point at 1,008 31 advancing issues led those declining on the new York Stock Exchange by a very slim margin but it was declining there was Little in the news to support a sustained move in either direction. The prices of some corporate Bonds which compete with stocks for investors Money slipped lower today. Bond prices fell generally toward the end of last week after the Federal Reserve reported a Sharp increase in the a t s Basic Money Supply. Trading was slow volume on the big Board came to 7.65 million shares after two hours compared with 8.72 million in the same period Friday. Middle South utilities. Una changed at 16�?~4, was the nose volume Leader. A Block of 100,000 shares changed hands at 16 4 the nose composite Index of All its listed commons stocks was up 02 at 57 pm at noon. At the american Stock Exchange the Market value Index was Down 03 to 103.65 co Operon 84 la 24 Como i 12 21 ii Cox dry 55 12 3 Craig to 4 4 Crown Cork 8 50 Crozel i k la is Curt Wyr 60 to 118 o Oarland my i 40 Dyco 50b 4 5 do Yapi Imio 27 Deere no i 268 Zelmon 1 50 7 3 39 76 3544 it. 22 40ma 17 of 36 -. 16 1964 374 29 % 38? 76>i 35v i 364 2i1� 40/a 16 a 36v 16>� 19v 3t 2 79 act a 77�?Ta 144 69�?� 33 my 484 15vi 454 43 38/ a a 766 6 356 8 i 34 216 a 40>/i 17 366 6 16/j it 19v6 it 3266 i 29> it 4<p/t 226 i Ai a 694 i 33 a 6 484 1i to 46 4 43-66 Melville i ii 8 Merck i 40 25 70 Mem or 7 3 midst i 32 9 1102 delt a a to 12 24 41 Denny 4412 9 22 of edit 1 45 la 44 14 a Dimsh i to 20 69 j dih onco i 08b 13 5 33 Disney 12b 2> 177 49 or Pepper 40 to 31 is Dow cd i 13 777 46 6 Dresser 8011 49 43 it ouponl4 25el3 191 179 4 1j�vj 129 Duke i so 9 59 22 214 214 Duvli i 22 a 26 a 196 194 8-e a East air in 35 96 Aska 156 23 it Eaton 1 80 17 32 Echlin 48 15 i Elpaso i to 7 99 Emerel 801 5 ens Erch i 72 9 5 Esmark i 74 7 76 Ethyl i 60 6 31 Evan prod 40 i 53 to Exxon 70i a 348 56 for Etc i 14 3 246 Eair Cam 80 43 268 a airland Joh ii redder up Eden my 88 6 eed Ost i 36 14 Eil Lrol up 5 Eire in 1 10 to Eschar 41, 8 est inn 120 la Elint Kot i 16 9 a Lapel i 56 8 Fla pow 2jo i Redfair 20 a Ord 3 20 6 189 for Mck i 7 23 Erna Lam 70 13 34 31 Truehl 180 8 .53 Milgo elect la Minim i 45 25 Minnil i 66 7 Mobil 3 40 7 Morasco to 8 Monson 2 80 8 to new 1 80 to morn or 88 Motorola to 25 Mafuel 2 12 Mist Tel i 68 9 23 4 794 134 1646 171 66 4 21 4 62 4 i 71e �?�94 27 186 5 3m. 436 23 a 97 6 436 25 4 144 37va 26 334 386 546 9v4 914 426 25 4 i a. 3t 2544 33�?� 3b to it i of a 554 246 534 7 763 of s 14 new York Exchange Newyork Lap selected noon National Price Tor new York said be he Hiob Low of my i 80 9 4 35.4 j4>, am inc i 24 ii 26 1�<6 19. 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It i7h 61 464 4646 22 5 9 58�?T 59 pro palestinians hanged for syrian hotel raid a a it a a Vartan 20 12 19 14/. 14 Vendo co 10 5 5 veto Loe 6 12 17 i71/. A Pew i 24 9 262 in 14�?T wac Hova 50 to 153 18v. In Warner i 16 Waiwat i 68 8 a Nail 40a 14 in inc i 40 8 Union i 40 to West gel 97 7 a eyerer 80 27 Wheeler 60 12 Whirlpool 80 13 White Mot Whiting i 30 6 Willm cos i 8 Winnix i 56 12 Winnebago 86 to Lith i 20 a a 5 17/4 15 6 189�? a 85 35 35 35 6�? 6 3 236 23 /. 236 a a v6 24 i o /. Io1 1 76�? to 25? 25�?T 25h 57 20 4 20 20-9 373 18? in. Ii 176 45v 45v 4v, 30 24v 24 24 4 24�?T 24v 24v a 7 put 6v a x5 30 29. 30 45 246 24v, 24 i 37 37 376 14 6 6 6 42 24 /. 24 24 a x a Yuz Xerox up i 20 1 5 256 67 66 66�?T6-r Zal corp 88 7 5 17 17 17 zem thread i 15 73 32 31. 31. Copyright by the associated press 19 6 Damascus Syria apr the syrian government hanged three pro palestinian guerrillas at Dawn today in Swift retribution for a bloody raid on a Damascus hotel just 24 hours earlier. A fourth guerrilla and four hostages were killed and 34 hostages were wounded in a seven hour Battle for the semiramis hotel in the most daring palestinian attack yet in Syria. The three surviving terrorists were hanged in a Public Square facing the luxury hotel. Their bodies Clad Only in White tunics were left dangling in nooses for six hours As thousands of syrians pressed around the Gallows and climbed to balconies and rooftops to see the victims. The guerrillas called themselves the a Black june group and apparently were protesting Syria s military intervention that began last june in the lebanese civil War. Before they were executed. The three went on syrian state television and said they belonged to Al Fatah the biggest palestinian guerrilla group. They also said they had been trained in Iraq which has supported Radical Arab organizations and has denounced the syrian role in Lebanon. But in Beirut a spokesman for the Palestine liberation organization Plothe palestinian umbrella group headed by Yasir Arafat denied that any Plo members were responsible. Arafat also Heads Al Fatah which is considered to be less Radical than some palestinian guerrilla units. A syrian government statement said the four hostages who died sunday were killed by the terrorists three of the slain hostages were women and witnesses said All were arabs three americans were reported in the hotel at the time and one National broadcasting corp. Assistant producer Robert Ca Stenbach was taken hostage but was unharmed the . Embassy said according to an account pieced together from witnesses and Security officers the fou member team pulled up to the hotel at about 5a.m. Sunday in a dark Blue car with lebanese License plates. They asked for a room were told none was available left and returned with sub machine guns and grenades. Security officers said the commandos moved from floor to floor of the five Story hotel rousing guests from their sleep and taking them captive. Someone called police and the hotel was immediately surrounded witnesses said. Security forces Cut off communications to the hotel and the guerrillas holding the top floor opened fire and hurled grenades Down on the syrians. Military police and plainclothes intelligence agents returned the fire and besieged the building for about four hours until syrian Premier Gen. Abdul Rahman Kyle Fawi and defense minister Mustafa Las. Who were at the scene ordered the assault. Some troops dashed into the lobby and worked their Way upstairs while others clambered up fire truck ladders and entered through upper floor windows firing automatic weapons and teargas grenades. After a furious three hour gun Battle they subdued the terrorists. It was not Clear when the hostages were killed. 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A 9v 9v, 9 7 61 6�?Ta�? a i278 12, it a a 36 36 36 a 37 31 3h�? a 6 a 6h 174 it. 17 3 7 7 26. 27 5 5 6 6. 69�? a 3 3 3 5 it in 514. A 3v� 3v 3h 4 it 4 49. 33t 33 9 33h h 2va eth 22h a 17 Llu he 68�?T 66v. 68 .9 i 1 3v 3v 3h a 21�?T 210 23va 119 Llu i 2�?T 2 2 _ 12 12 12 a 151 15 15 319 30. 29vt 3ov4 a i 14 i i i 7 8v, 8� 8 22 6 6 6 2 i l it i 116 i 1 6 15 9 2 2 4 167 x4 la 21 191 27 2 82 26 7 4 53 Washington a with senators and congressmen anxious to get on with the business of campaigning the 94th Congress Hopes to Complete its major legislative business by saturday night. Unfinished business includes Bills dealing with the Arab Boycott Washington lobbyists clean ail offshore Oil leases Revenue sharing and possibly two More vetoes from president Ford. The House was scheduled to Start off today with a $5 1-billion foreign Aid appropriation Bill and the Senate was still considering a controversial civil rights enforcement Bill. House and Senate leaders say they would like to finish up and go out of business Friday night but that the House May have to stay until saturday night. All 435 House seats and 33 of the too Senate seats Are up for re election nov. 2. Democratic whip Robert Byrd d w va., told the Senate that on top of everything else there will be congressional override votes if president Kord vetoes the $56-Bil i labor health education and welfare department appropriation Bill and an antitrust Bill. House Senate conferees expect to a ree on a Bill to impose a stiff ban against . Participation in the Arab Boycott. The House Bill would go beyond that and prohibit . Companies from boycotting Israel. Opponents and some supporters say the Arab Boycott Bill will jeopardize some of the estimated $7-billion . Trade with Arab countries and therefore put some americans out of work another conference committee is deadlocked on the clean air Bill. The clean air Bill among other things would i pose automobile exhaust standards on manufacturers. There is some doubt that conferees can reach any agreement on the Bill but More and More House conferees say they might give in and accept the stricter Senate Bill. The House is to act on a Bill tuesday to manage Oil drilling off All . Coasts and Send it to the Senate for Congress final action then the House is to take up a Bill to require Public disclosure of Washington lobbyists activities. A com would have to out later with be a Promise worked Senate Bill. Two other major unfinished Bills would extend sharing of Federal revenues with the states and stiffen Grain inspection standards in the Wake of inspection scandals in new Orleans and Houston another Bill added to the list Friday by the Senate foreign relations committee would veto a s30-million Sale of Maverick missiles to saudi Arabia this is part of a proposed $5-billion . Arms Sale to persian Gulf countries sen Clifford Casek no who proposed the disapproval Resolution on the saudi Arabia missiles said the missiles would tend to destabilize the Middle East balance of Power . Favors african stand 30 3 92 14�?T 126 319 227 i 4 3 8 18 814 12 2 4 9 1 41 2 1 163 12 16 3 114 to 2 35 3 14% 30>, i 8�?T0 8 12 13 8 14�?T h 3m. I. I 8�?T/��? a i a a 12 h 13�?T 8 i 25 by 8 25 25 239 23, 234 to to to i7 Ith 74 23 23 23 19 19 9�?~ j 9 9 9 _ 26?, 26% 26h 7 7 7 4 4 4 9. 12% 12 Bishop from Page a to 2 2<� to a 2�lh 32 a 55�?T a at 32 12-87 2 28 22 r a 52- 39 a 15 2 a 7�? new a Stock York Index new York a Exchange it Sio Mark Index Indus Iris i a Zupo ribbon Utility noon new York 2 cents 57 04 0 02 43 27 40 70 39 17 54 72 �0 05 Ooi Ooi 0 la Dow Jones a averages a worried neighbor in Bethesda md., called Montgomery county police his car containing a bloody Blanket a and Shotgun was not discovered until March 18. Haywood Starling director of North Carolinas state Bureau of investigation said his Agency continues to assist Maryland authorities whenever possible but is doing Little else on the Case a our problem is that it s never been established he committed a substantial crime Down Starling said the Only thing we might be Able to charge him with is transporting a dead body without a permit. The Case is really in the hands of Montgomery county. Bishop who if alive would now be 40. Speaks italian and Serbo croatian fluently he held diplomatic posts in Italy Ethiopia and Botswana before returning to Washington the Only possible explanation for Bishop s actions advanced so far is that he might have been irrational at the time investigators have Learned that unknown to his friends and associates Bishop had seen at least three different psychiatrists in recent years a but we can t really speculate a said Lontor of the Fri a the Case is open and we have no evidence he is dead lie was an extremely Mobile individual and Well keep checking out every report we Washington of the United states seeking to accent the positive took an optimistic View of the declaration by five Black african leaders that they reject some of Premier Ian Smith s terms for yielding Power to Rhodesia s Black majority but apparently accept some Basic principles for such a transition the presidents of Zambia Tanzania Botswana Mozambique and Angola meeting sunday in Lusaka Zambia turned Down Smith s proposal for setting up a state Council with Black White parity under a White chairman. This Council would in theory have Powers to veto decisions of a Black dominated Council of ministers serving As an executive Organ while a new Constitution is being shaped to give Rhodesia full statehood by 1978 the presidents also reaffirmed their commitment to the guerrilla struggle against Smith s White minority regime and called on Britain to Convene a constitutional conference to establish a Black majority government. Britain quickly agreed to that request. Smith formally proposed his transition plan Friday after its details had been world out by Secretary of state Henry a. Kissinger and South african prime Minster John Vorster. Smith had called for a two year transition period an interim administration directed by the state Council a constitutional conference within Rhodesia to draft a new Constitution and an end of the guerrilla War against his regime. The state dept. Hailed the Lusaka declaration sunday saying Quot the Road to a negotiated solution is now u. S. Officials described the declaration As an acceptance of the fundamental issues involved in Kissinger s recent shuttle negotiations in Southern Africa namely the idea that the Smith government will yield Power Over a two year period that a conference will be convened to establish an interim government. Furthermore . Officials pointed out that presidents Julius Nyerere and Kenneth Kaunda of Tan Zania and Zambia have bom acknowledged publicly that guerrillas will cease firing As soon As a caretaker or transitional government is formed plane crashes kill thirty five an the be att i St the High Point Enterprise d a 19 putting to try a it Noor it n6 Sung Vox independen be eur Shaab it High Point Antt no 210 Church averse h 8h porn k i a 2h i Dember of Thi Abt oct t6� rates by Masip a had Vine /.nasunq, 6mc j my Sandborn by Huo 19 to 4 is 1 so a la Ike monthly use a %a2 of Tajii �u6lcnption in y o tub at 0 4% the aug Cittad of Jay j in had 90 a at Tor reproduction 0 a cd a no Quot print Orn la a a Jall a p new Depitt Najj e olldrtt1 ol0&Quot 1 Ltd a a Ink to 49 re Pom ii it High pent no un<7r ail of mirth j 7� Noull a a potting Pard t9h Point n c All Carr Fng a,.tr,dtor% Are control of a a in Point ent frn Irini v not a Pond Ible Tor Lav . a r menu Matt a re air reprint for Hon Arr y a co fact your Imp crr a "606 an sate a4�f.on4l advert in a a stocks x Industry of a 4niportl on 15 us. 65 Stock Bonos 20 Bonde in c it a to i of -0 16 Looe 31-221 18 98 060 25 315 65-0 12 89 43-0 of 95 200 13 83 67 -0 is a p. Stock averages a they lose shopping carts int 3av enough the and has to 3i, pm a Kodep yet a it every time a it Pill Damp Ytit a Ai to to apr a pc is is in rail util 5 2 493 5 12 i 113 8 494 0 191 9 1 13 8 488 9 190 0 u38 477 4 18 7 6 1 08 7 404 5 1 36 6 <90 8 499 j 197 9 115 i 424 4 149 3 99 5 450 155 7 103 7 315 9 1316 s4 7 net Chin noon Man Prev Day Quot Veri ago month �g0 year ago 1976 High 1976 to 1975 High 1975 Low 60 Stock -. 322 5 372 6 319 9 3120 254 5 325 4 271 5 286 4 216 8bono averages Corral Naff both a thee lated be net Changa noon Mon 522 Rry a Day 52 3 Vvs Ltd a ago o i month ago 522 year a j 1976 High 1976 Loa 4, 4 1975 High 4 2 i 66 i 20 to 18 86111 in util. 1975 Lovy i 126 124 ii 9 la 0 75 i 82 5 75 6 79 71 i a j 93 0 93 0 93 4 92 8 84 i 93 4 86 7 86 8 la a to fun. 101 2 101 2 Ici 2 101 0 too 5 tot 3 too i too 5 99 4 to 836 136 137 84 i 721 85 4 77 76 5 69 4 woman from Page i a the skin sore a Jaffa said his wife will not meet with reporters to discuss her ordeal. Quot the most important thing is to get life Back to Normal a Jaffa said. A a she is already discussing a possible european after the Kidnap Jaffa received a $200,000 Ransom demand he got $50,-000 together and a Trail of notes directed him to leave the Money at a spot in the Ocala National Forest the Money was never picked up and when the kidnappers made no further Contact Jaffa and his two children made a televised Appeal for mrs. Jaffa a release. Of by agent Arthur Nehrbass said the accused Man a native of Lumpkin ga., is the brother of Aubrey e Mcwilliams a partner with Jaffa in Spectra builders tropical depression forming Miami apr a tropical depression formed Early t0. Day in the Atlantic Ocean and forecasters said it could become the season s seventh tropical storm by tuesday forecasters at the National Hurricane Center said the depression with highest winds of 35 Miles an hour was entered about 650 Miles Southeast of Bermuda and Drifting northward it posed no immediate threat to land a conditions favor some strengthening during the next 24 hours and if this occurs it will become a tropical storm a a forecaster said. If the depressions winds exceed 39 mph., the storm will it called Gloria. When winds exceed 74 m p a the storm becomes a Hurricane. Two of the seasons tropical storms have become hurricanes. The Atlantic Hurricane season began june i and ends nov. 30. By the associated pre fifteen air Force men on a training flight and four pharmaceutical company executives in route with their wives to a meeting at a Plush Virginia resort were among 35 persons killed in plane crashes during a deadly six hour Span the crashes sunday in four states left at least 15 children orphaned a children of the Johnson amp Johnson subsidiaries officials who died with their wives in a fiery crash at hot Springs a three Crew members aboard the company owned Jet also were Al Hod in Colorado a lawyer and his wife returning to Denver from a meeting at a summer and ski resort in Steamboat Springs were among six persons killed in the crash of a twin engine Aztec Piper which slammed into two propane fuel storage tanks and burst into flames and three persons died in Illinois when their single engine aircraft plunged into the Illinois River near Peoria air Force officials said there were five survivors of the crash of a kc135 Tanker Jet which went Down in a wooded area near Alpena nlich., sometime after b 30 . Sunday that s when Wurtsmith air Force base last had radar and radio Contact with the Pilot two majors nine captains two 1st lieutenants and two sergeants died three captains and a isl lieutenant from Kincheloe fab and an airman 1st class from Sawyer fab were admitted to Alpena general Hospital where four were listed in serious but stable condition and the other in very Good condition Early today the plane carrying five Crew members and 15 passengers ripped a Swath 50 Yards wide and half a in i in Long before crashing into a swamp a mile from the nearest Road witnesses said Fri Between two Points have to be connected in order to overhear the conversation by a third Bell officials tested in june before the House Commerce subcommittee that Bell employees who connected the Fri National Security wiretaps did not have National Security clearance but the officials said the employees were unaware they were installing wiretap connections the observer said the paper said in its sunday editions that Bell employees across the National have legally listened in on thousands of private Telephone Calls As part of their jobs. A fall our Plant repairmen at anytime can overhear any Call in the United states in their area fully and every operator can to some Ca tent a a earning told the paper it listed the following methods of eavesdropping As devices legally used by the from Page i a which Bell system and its 23 subsidiaries linemen operators and other employees can listen in to private conversations for least Brief periods to Check the Quality of transmission on the lines. Company Security agents can tape record private conversations without a court order if they suspect the caller is making a for audient Long distance Call or misusing a Telephone credit card. A Bell supervisors Cran listen to customer Calls to the company to Check employee performance on the t e i Ephone. Bell says employees know they May be listened to. A spokesman for american Telephone and Telegraph co., Bell s Parent organization told the paper that 40 Bell employees have been disciplined in the past eight years for wiretapping or eavesdropping violations

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