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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 17, 1967
Page
2
New York stock market opened with a strong rise amid active trading. Gainers outpaced losers about three to one as leading issues gained one or two points. Investment fund buying persisted alongside rising industrial production and inflation signals, with U S Steel and Jones & Laughlin up over a point and Bethlehem modestly higher.
The text lists that sales figures are unofficial and dividends are annual disbursements based on last quarterly or semi annual declarations. It defines footnotes a through fi and other letters for special dividends stock dividends and various payment conditions including ex dividend ex rights and warrants with notes on absorption by bankruptcy and foreign issues tax rules.
Two research groups reported at the Federation of American Societies for Experimental Biology meeting that brain extracts injected into untrained animals can influence maze choices and escape patterns. The studies claim statistically significant transfer of learned information via chemical means, with potential implications for human cognition.
The note highlights frequent mistakes in filing returns with mentions of Social Security numbers W-2 forms and signature requirements. It warns about missteps such as missing spouse signatures on joint filings and neglecting required documents while noting higher error rates among various groups.
Forecast details variable clouds and warm nights for North and South Carolina with scattered showers or thundershowers mainly west central and coastal plains. Temperatures dip Tuesday with highs mid 70s to mid 80s and nightly lows 40s to 50s, then cooler later in the week with total precipitation around a quarter to half inch.
The noon index readings from the New York Stock Exchange show scattered, unclear figures including a 40 cent move and multiple decimals. The data appear fragmented and require clarification to confirm the actual index level and changes.
The U S 1st Cavalry Airmobile Division moved into Quang Ngai Province about 350 miles north of Saigon and has killed 100 enemy since April 8. The transfer aims to free Marines closer to the 17th parallel as Viet Cong terror tactics rise. Air campaigns continue with four B52 raids and 96 North Vietnam missions.
Secretary of State Dean Rusk said peace demonstrations in New York and San Francisco will not affect the conduct of the Vietnam War. Martin Luther King Jr defended protesters against Communist links and police excesses while criticizing FBI scrutiny. Nixon, in Saigon, warned against giving a false impression that the U.S. will withdraw.
In Elkin North Carolina the Tex tile Workers Union of America struck the Chatham Manufacturing Co plant amid dispute over effectiveness. Company officials report 90 percent capacity while union leaders say about 650 of 1 600 workers crossed picket lines during the midnight and 8 am shifts. The strike follows a 20 month stalemate and prior two day action. A labor board examiner heard testimony on unfair labor practices with findings pending.
AP writer JOY MILLER reports that single women face higher federal income taxes than married couples with the same income, despite relief on damages from a breach of promise. The piece notes widening gaps in higher brackets, limited legislative fixes, and Senator McCarthy's push to extend head of household status to more widows, widowers, and long-unmarried individuals.
The Regular and Official Republican Organization of High Point backs Robert D. Davis for mayor with a slate including Ruby Jenkins William Matthews Charles Spain Myrtle Stroud and Pete Whitener. Paid for by the Executive Committee of the Republican Party.
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