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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 10, 1966
Page
2
The New York trading session saw a modest Dow drop to 841.09 as airlines rallied but failed to reverse the overall irregular market decline. GM Chrysler and AMX weakened while Ford edged up. dividend figures shown are unofficial and largely based on last quarterly declarations.
The Associated Press stock market roundup reports daily averages across key indices with brief changes in major averages. It notes rises and declines in blue chip stocks and provides closing levels for the trading session.
Raleigh AP reports state commissioner of public welfare R Eugene Brown resigns effective Oct 31. Clifton Craig named to succeed him with duties starting Nov 1. Brown cites age 68. Gov. Dan Moore approved Craig. Brown stays on brief advisory period. Craig is a Durham native and former Marine Corps colonel.
The report shows Dow Jares Averages with declines across several sectors and bonds edging higher. Notable figures include industrials and utilities fluctuating, while overall market tone appears cautious.
Forecast calls for variable cloudiness and warm humid conditions through Thursday with scattered afternoon and evening showers and thunderstorms. Lows range from mid 50s to mid 70s in the mountains and piedmont, with highs around the low to mid 80s in major cities. Extended outlook shows near normal temperatures into Monday, with one inch or more expected precipitation mainly from showers and thundershowers.
FAIRMONT North Carolina farmers welcomed record opening day prices for flue cured tobacco amid floods drought and winds Incomes ranged from 63 to 73 dollars per hundred pounds across the South Carolina Border North Carolina Belt with growers like R E Murray and Mrs William Tripp reporting strong averages and gains on lower grades J H Cyrus NC Department of Agriculture observed price increases of 5 to 8 dollars on lower grades above his predicted 2 to 3 dollar rise
Opening day flue cured tobacco prices rose by 2 dollars to 13 a hundredweight in the South Carolina Border and North Carolina Belt markets. Quality improved and volume was high with lugs up 2 to 3, primings 4 to 8, and nondescripts 10 to 13. The practical top reached 73, a few baskets of cutters at 75. Last year’s opening day average was 61.59.
In a discussion on his Senate record and the war in Vietnam Hubert H. Humphrey asserts that as vice president he is part of the administration team and does not publicly debate with the president or cabinet officers. He argues the nation must address aggression in Asia and retains liberal beliefs within executive councils.
The North Carolina Employment Security Commission ruled Eastern Air Lines machinists idle by a strike are ineligible for unemployment benefits. The decision cites a 1961 amendment denying benefits to workers idled by a labor dispute in their own company.
Lynda Bird Johnson pursues work in New York while sister Luci Johnson Nugent vacations in the Bahamas with husband Patrick. Lynda meets with McCall's editor Robert Stein and sees the musical Sweet Charity as President Johnson confirms interview talks.
The article notes mixed signals from two studies on Viet Nam and argues defense planners face uncertainty about next steps. It observes limited Communist gains in 1966, with Allied forces outpointing the enemy at times, though the Communists still strike hard when pressed during seek and destroy operations. It also notes Pentagon leaders avoiding war-end timetables linked to a past 1965 US troop withdrawal.
Cross country balloonist Tracy Barnes, 27, from Chester South Carolina, floats east from Roberts Illinois toward Lake Erie after landing near Stryker and Milford Indiana. He averages 50 to 150 miles daily, depending on winds, and uses a 65 foot balloon with wicker gondola that drew a 25 cent donation to raise funds for Milford chorus travel to Washington.
Testimony from 40 witnesses over seven days in the grand jury report states leaders of the W E B DuBois Club and the Communist Youth Party with interchangeable officers and identical concepts arrived in Cleveland just before the Hough area disorders. The jury did not add new indictments beyond the eight charged on July 29 for damaging property larceny concealed weapons and entry in division related to rioting.
Public notice in Guilford County announces civil action Burch McDowell vs Sadie White McDowell seeking an absolute divorce on one year's separation. Defendant must appear at the Clerk of Municipal Court in High Point by October 1, 1966, or default will be entered.
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