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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Dec 01, 1964

Page

2

Stock Market Edges Lower Amid Tightening Rates

The New York stock market extended its sixth straight decline amid tight rates, with some steels and motors showing modest gains around midday. Dow Jones at noon fell 1.06 to 874.37, with the Associated Press average down to 325.0. Major movers included Comsat up over one point, Chrysler near two, Ford up half, and Du Pont up a point, while several rails and others posted losses.

NEW York Steels and Motors Comsat U.S. Steel Bethlehem Republic Chrysler Ford du Pont Chicago North Western Dow Jones Associated Press Sears, Roebuck Montgomery Ward Atchison, Pennsylvania, Southern Railway Southern Pacific Stock Exchange Cis Aero Nycent VeiAmonie Meg 'G ArkLaGas Va ChiRktsPac NA Avia Assd Oil EAP NorNatGas Atlas Cent NorPac Barnes Eng Nsta Pw Braz Trac Northrop NwstAirl Brown Co Orton CollinRad Nor Combre OlinMath ComSolv Ye OtisElev EquityCp Fargo Oils ComSat Corp Shere Pact &T Hycon Peach Coal Veisram Corp Penn Dixie Kaiser Ind Contro Penney Kratter Vy Mackey Air CoxBrdc CrowColl Mn Peu Pennzoil Mead John Cudahy Ric Group Curtis Pub Phil Rdig Scurry Rain Curt Phil Mor Sbdw Air Phillips Pet Dan River Pitn Bow Sperry Webb& Knapp DeltaAir Proct&g DetEdis Pullman duPont Raytheon CoeichCh Dynamcp Revion East Air Lin Rexallor East astKo Aegsee Eaton Mfg Ores el & Music ElBonds Ave Richfoil Me Elect Assoc Vu Rohr Corp ElPaso NG Emersone EmerRad Ryder Syst ErieLack RR EvansPda Evership Divi- Fairch Hiller Mp Fedd Corp Ferro Corp Flintkote FoodFair Shell Oil Va Fmc Corp Sinclair Soucale SouPac Gen Foods StBrands Ind. Rails GenMills Stanwar Gienard If Goodyr Swift Texaco Tex GuifProd Texinstm TexGui M&o Ind Collin Tidewat Halliburt Hewiett Ucarbid Admiral Lee Wy Howe Sa Hupp Cp Aircit Alco Prodree Alleg Cp Usberax US Industri Alcoa T&t Cyan Ameipw Univ AmEnka Aexpor Varian As Ua Amet Ci endoCo Am Motors Melaa Ollie VaeiPw Walworth Co AmOptic Elie Kaiser + Ve ofl AmPhoto Kennecott WeernLam al Kerr KimbClark WrAlLin KirkNat Lenman Atchison Xerox Cp Aticline Atlas Littonin Vr Aveo Corp Loews BabcockWil Lorat Corp Orillard Ig LukensSt Beckman Bigelow Borden McCall McDonAir BucyEr Merck la Abe Budd Co Lan Merritt Chap MGM Burroughs Mohesco Montdu MontWard Ellen Carrier CaterTrac San Sava Neat Tee Nat Steel

Adams-Millis Declares Extra Dividend

Adams-Millis Corporation announces an extra dividend of 10 cents per share payable December 30 to stockholders of record December 11. President James H. Millis said the dividend was declared at a special meeting and is in addition to the year total of 50 cents per share.

Adams-Millis Corporation James H. Millis

Birds Rest At Audubon House Before Winter Flight

In midtown Manhattan birds migrating south for winter pause at the Audubon House to rest and refresh. Cotton

Audubon House Midtown Manhattan

Over-Counter Stocks Listings From National Sources

The bulletin shows unofficial bid and asked prices for North Carolina banks insurers and retailers. Firms include Amer Fid Life Carolinas Capital Colonial Stores First Union Bank Gulf Life Harris Teeter Markets Jefferson Standard Life Lance Life Cas Li'l Gen. Stores North Carolina National Bank Textile Corp of America Piedmont Natural Gas Pyramid Life Sec Life & Trust and Wachovia Bank & Trust.

Amer. Fid. Life Amer. Furn. Co Carolinas Capital Colonial Stores First Union Bank Gulf Life Insurance Harris-Teeter Mkts Jefferson Stand Life Lance, Inc Life & Cas. Ins N. C. National Bank Textile Corp Pied. Nat. Gas Pyramid Life Ins Sec. Life & Trust Wach. Bank & Trust

Soviet Spacecraft Zond 2 Faulty Yet On Mission to Mars

Henry S. Bradsher reports from Moscow that Zond 2, launched to Mars, is operating at about half its expected power. observers fear it may fail to relay Mars data, while Mariner 4 proceeds toward Mars on a concurrent American mission.

Henry S. Bradsher Moscow Mariner 4 Mars Zond 2 Tass Venus Earth U.S Mariner Washington National Aeronautics and Space Administration

Congo crisis fuels international tensions and protests

Reports describe rival views on the Stanleyville rescue as U S forces and Belgian troops shuttle in and out while British Conservatives push for action to save Britons. Demonstrations against the United States in Red China continue and African delegations seek UN Security Council meeting on Congo operation.

Tivns Walter Padley U.N. Security Council Congo

Duke Power Plans Rate Cuts Saving 2.45 Million Cy Year

Duke Power Co filed applications with the North Carolina Utilities Commission and the South Carolina Public Service Commission to reduce rates for 792000 customers. The move, the companys 16th and fourth in two years, passes a two percent federal income tax cut to customers. Residential bills get limited relief while institutional, commercial, and industrial segments gain larger savings.

Charlotte N. C Duke Power Co North Carolina Utilities Commission South Carolina Public Service Commission Duke Piedmont Carolinas Duke Power W. B. McGuire

Southeast Asian Crisis Deepens Amid Self Immolations

A report notes a plane missing and a source alleging a South Vietnamese activist may die by self harm in an anti Huong campaign. It recalls six monks and a nun who burned themselves in 1963 against Diem and mentions Huong's crackdown on Buddhist protests and rising discontent.

South Viet Tran van Huong Ngo Dinh Diem Diem Houng

Gavin Blames Defeat On Negro Bloc Vote

Sanford AP report says defeated Republican governor candidate Robert L Gavin blamed the Negro vote for his Nov. 3 loss to Dan Moore. Gavin urged GOP leaders to appeal to Black voters and noted Moore's large turnout. He defended Saxon and called for unity within the party.

Sanford Robert L Gavin Gavin Dan Moore Moore

Reynolds testimony heats up as Senate panel weighs public session

A Senate committee pressed Reynolds to testify on alleged payoffs connected to a $17 million Washington DC Stadium contract. McCloskey, Baker, and Reynolds dispute details while discussions shift between closed doors and potential public session. The panel also probes party funding links and an FBI file inquiry, with Williams and McLendon guiding the questioning.

Alexander Reynolds McCloskey Washington D.C Ireland Kennedy Baker John Deg Aetell McCloskey Corporation Washington, D.C Williams Sid McCloskey Silver Spring Kennedy-Johnson Fund Republican Committee Lennox P. McLendon Williams Capitol Pill Carl T. Curtis R-Neb McLendon Justice Department FBI Ellen Rometsch Washington Justice Departments William H. McLeod House District of Columbia Laneane Sessalane L. J Washington Tor

Also Mentioned on This Page

Stock Market Report Xerox International Business Machines American Telephone Goodrich Boeing Consolidated Edison Polaroid Eastern Air Lines United Aircraft Zenith Consolidated Natural Gas International Paper and Control Data Union Carbide Jersey Standard Standard Oil Ana American Stock Exchange Duval Rollins Broadcasting Yellowknife Guerdon International Stretch Scurry Rainbow Syntex Treasury New — Stock Exchange Adams-Millis Domestcotton Dee Ft National Association of Securities Dealers, Inc Laurent Antoine Saintraint Brussels O Day Leopoldville Stanleyville United States London Britain Opposition Conserva la Porte Indiana GOP J. Herman Saxon Saxon Central Committee Johnson Senate Bob Green Hamrick Eddie Ridge Boulevard
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