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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 05, 1968
Page
2
Wall Street recovered from an early decline after Dr. Martin Luther King Jr. was assassinated. The Dow at noon rose 0.23 to 872.75, erasing a 3.24 deficit. The AP average for 60 stocks held at 312.2 as industrials fell, rails gained, and utilities slipped.
Stock market activity paused with two blocks of 100000 shares, while Scientific Data rose 4 and Penn Central gained 3 among active issues. American Airlines Eastern Air Lines Continental Airlines Delta Airlines and TWA showed gains as the market steadied on peace negotiation hopefuls.
A dense AP sourced snapshot of afternoon prices on the New York Stock Exchange includes tickers for House Fin, HuntFds, Am NatGas, Kroger, General Mills, Polaroid, Westinghouse, and many more. The listing reflects varied gains and declines across sectors with notable references to Americans, bankers, and industrials.
The text discusses stock dividends and an ex-dividend payment for 1967. It references extra or additional issues and a rate increase, with an estimated twelve shares on ex-dividend and payments payable in stock.
Stock averages and market quotes appear alongside a North and South Carolina weather outlook. Readers are informed of varied figures for multiple companies and indices while a broader forecast calls for variable cloudiness and cooler temperatures tonight into Saturday with freezing in the mountains and 40s along the coast.
J. L. Bull Jr. of Hatteras Yacht is among 49 members awarded the UNC Chapel Hill executive program certificate for the 1967 68 class. The six month course has drawn businessmen from North Carolina and other southeastern and eastern states for 15 years.
Thalhimer Brothers Inc reports 1967 sales of 55.7 million dollars, up 7.7 percent from the prior year. Earnings per share reached 1.81 versus 1.43. A 38,000 foot facility at the Mall Shopping Center will begin work soon as the project proceeds.
In a White House lobby briefing Johnson urged unity as copies of his statement circulated. He attended a memorial service for Dr. King with dignitaries including Clarence Mitchell II, a Maryland state senator. Rev. Fauntroy. Dorothy Height. Judge Leon. and others from the Southern Christian Leadership Conference and Philadelphia officials.
A chapel crowd remembered Martin Luther King Jr to honor his nonviolent legacy. About 700 mourners attended the service as a preacher urged keeping the dream alive amid violence.
President Thieu warned the United States he may repudiate any political agreement on Vietnam in which Saigon has no say. He told envoys that there can be no coalition including the Communists and Saigon will not accept a separate Viet Cong delegation.
Gov Moore imposes statewide ban on sales of alcohol until further notice. Demonstrations flare in Raleigh Greensboro Winston Salem and Charlotte as Guardsmen are deployed. Curfews ordered and police respond to incidents near Johnson C Smith University with vandalism and violence reported.
Reported funeral rites proceed for Dr. Martin Luther King Jr. with Abernathy present and a hearse departure. Carmichael calls for armed protest as federal officials rush to plan King family meetings while riots erupt in Harlem Jackson State Nashville Newark and Boston amid nationwide unrest and arrests.
Police describe a lone assailant seen near a hotel and a fatal shot from a window. The weapon was sent to the FBI lab for ballistics as investigators await solid evidence.
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