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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 26, 1967
Page
2
Trading remained heavy on the New York Exchange as the market extended its tenth straight daily advance. Analysts cited rising auto sales, higher oil company earnings, and modest steelmaker declines as bullish factors with continued buying by mutual funds and institutions contributing to gains.
The excerpt lists footnote codes and explanations for dividend treatments in the stock table. It defines terms like annual disbursements, regular and special dividends, stock dividends, ex-dividend statuses, and various timing codes such as paid, declared, and distribution dates. It also notes classifications like foreign issues subject to tax and securities in bankruptcy or restructuring.
AP report from New York shows noon stock index movements with industrial, transportation, finance, and miscellaneous sectors. The table lists several sector values such as 51.81 for industrial and 55.29 for transportation, with minor changes indicated by decimal shifts.
The House Education Committee gave a favorable report to a Senate-passed bill creating a seven member commission to study the feasibility of year round operation of NC public schools. Appointments would be split among the governor lieutenant governor House speaker and the state superintendent. The panel would report to the 1969 general assembly.
Forecast shows cool conditions with showers and scattered thunderstorms across both states tonight into Thursday with heavy interior rain possible. Temperatures vary from the mountains up to 40s tonight to 70s by Thursday, easing to cooler nights and a chance of rain Sunday or Monday.
The Dow Jones averages show mixed results with industrials near 993 and gains in rail and utilities. Bond prices edge up while higher grade rails and public utilities show small moves as overall market activity fluctuates.
Sun Oil Company honored Hoy Ingram of North Main and Eastchester Streets for nine years of service as a Sunoco dealer. Ingram serves as president of the Greensboro District Dealer Advisory Council and ran a Sunoco station at North Main and Eastchester Streets in High Point.
Blue Bell Inc reports second quarter ended March 31 net sales of 41.608 million, up from 36.483 million last year, a 14 percent rise. Six month sales total 66.443 million with earnings per share of 1.63, down from 1.72 last year due to Globe Superior Import Division losses, startup plant costs, and high customer returns.
Ligget and Myers Tobacco Co reports a 1966 sales increase of 100 million dollars and higher earnings per share from 5.33 to 5.52. Burlington Industries posts first quarter 1967 sales of 332.6 million with net earnings of 12.9 million, down from 1966, as imports of textile yarns fabrics and apparel grow.
US air sorties strike the Hanoi area with a heavy raid on a key rail and highway bridge over the Red River four miles from the city center. The bridge is a steel concrete five span structure 738 feet long with a movable center span. Ground fighting in Quang Tri leaves 14 Marines dead and 38 wounded as engineers are ambushed in a mountain pass.
A House committee approved a constitutional amendment to allow NC legislators to raise their pay from 15 dollars a day. Former Senator Herbert Hyde urged replacing the 1836 provision that caps pay at 15 dollars daily for 120 days. The measure goes to a statewide vote.
A bill to require all day care centers in North Carolina to be licensed by the State Board of Welfare was sent to a subcommittee for study. An amendment would create an advisory panel of state department heads and operators to guide regulatory policy, drawing opposition from welfare board chairman Robert Howison.
The Soviet Union refused a U S request for a joint effort to improve conditions for American prisoners in North Vietnam. Moscow urged the United States to talk with Hanoi directly, with Washington noting it has contacted North Vietnam via the Red Cross. As of April 18, 128 Americans were confirmed prisoners, 52 suspected, and 203 missing.
Dennis Brown, an 18 year old Marine corporal and two time Purple Heart recipient, called his parents in Cleveland area early today to say he is coming home after being reported killed in Vietnam. His family had learned of a supposed death last weekend and funeral plans were prepared before they learned a misprint had occurred. Dennis told his parents he was alive and fine and acknowledged awareness of the error.
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