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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 07, 1966
Page
2
At noon the Dow Jones average rose to 946.10 while industrials gained slightly and rails led in the recovery. American Telephone slipped modestly amid cautious selling as bonds drifted. corporate bonds were unchanged and U.S. Treasuries fell.
Quotations compiled by the NASD at about 10:30 a.m. today show representative inter-dealer prices for many issues. Bids reflect inter-dealer levels. retail discounts and commissions are excluded. Ask prices include estimated markups.
Market summary shows uneven trading as Dow Jones averages rise and rail stocks drag. Bonds shift little while minor gains appear in select industrials.
New York AP reports selected American Exchange stocks at noon prices with notes on dividends bankruptcy or receivership near term declarations and footnotes. The page explains symbols for ex dividend rights warrants and related terms and notes that sales figures are unofficial.
Hundreds of antigovernment demonstrators gathered in downtown Saigon and set a U S military police jeep on fire after Buddhist leaders urged Ky to pledge a civilian government within five to six months. No Americans were injured. Police drafted youths amid rioting as the mob attacked civilians and a motorcycle. Paratroopers were dispatched to the scene.
Governor Moore says a committee examining banking laws should report. The reporter notes Dr. Leo Jenkins of East Carolina College has begun a political campaign for university status, bypassing the State Board of Higher Education. Moore supports a planned approach to higher education by the General Assembly.
The AP reports up to 100000 students flocking to Daytona Beach for Easter revelry amid heavy policing and jamming streets. Officials note a shift from past riots, while students say they seek a simple good time despite cooler coast conditions and ongoing arrests.
The Christian Action League calls for rapid enforcement of brown bagging and bottle club rules after an ABC Board opinion urged stricter application of liquor laws. Rev Gibbs supports immediate action and notes ABC stores claim control status while upcoming April 29 events in Greensboro loom. The league emphasizes education rehabilitation and legislation with major funding from the Baptist State Convention General Board and NC groups.
Judge William T. Grist of Charlotte Recorder's Court denied the case after a raid on a club. The judge ruled liquor consumption is only allowed in a private home and predicted the legislature will address the issue next year with clearer language.
Fair to partly cloudy days through Friday with warmer highs. North Carolina highs 55 to 63 mountains and 63 to 70 elsewhere. Cool nights with scattered frost inland, lows 30s inland and 40s at the coast. South Carolina fair to partly cloudy, cooler nights with frost risk, lows 35 to 41 inland and 40s along the coast.
Senator Warren G. Magnuson said the Senate Commerce Committee will push for mandatory safety standards for cars. He indicated the panel may amend President Nixon’s highway bill to require the industry to adopt standards such as improved steering wheels and dual brakes.
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