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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 01, 1966
Page
2
The New York stock market rose modestly as it steadied after an early dip. Analysts note technical strength amid a drab business backdrop with trading the week's most active, gainers outnumbering losers about five to one.
Federal officials estimate a spending level near 130 billion for the current fiscal year with a possible 140 billion figure for the next bookkeeping year. Revenue is seen around 117 billion, yielding an approximate 13 billion deficit if spending reaches 130 billion.
Forecast notes cold tonight with 30s inland and near 30s in higher elevations. Friday brings more cold and variable clouds with chances of snow flurries in the North Carolina mountains. Georgia remains mostly fair and mild through Friday with highs 55 to 68 and lows 28 to 38.
Raleigh Governor Dan Moore refuses to disclose specifics of his proposed 1967 budget and tax cut plan. He defends keeping the budget confidential until presentation and hints at a possible highway patrol expansion while noting no promise on franchise tax or school lunch funding details.
Legislators expect the board to enforce the ruling as written. State ABC Board Chairman Clawson Williams Jr. said agencies must study the decision before acting. Mecklenburg County legal backer Michael Plumides called the Supreme Court order surprising and may pursue further appeal. Restaurant owners fear enforcing the law, as one Charlotte night club owner warned that guests could bring in bags with medicine or iced tea, risking loss of business.
Governor Moore announced a 162800 grant from the Carnegie Corp to the NC Board of Higher Education to connect 86 colleges with the Triangle Universities Computation Center. The effort will extend access from Greensboro to UNC Charlotte and beyond, offering pilot installations and a one year free trial of computing services.
The court advised Gov. Dan Moore that inmates convicted of murder manslaughter rape or arson may participate in the states work release program. Six of seven justices found a fundamental difference between work release and the old farming out labor system. Deputy Atty. Gen. Moody had argued the constitutionbaned such releases, prompting the department to withdraw 136 prisoners before the advisory opinion was issued.
Boston AP report states a space catastrophe is inevitable and calls for a rapid U S rescue system for disabled or stranded astronauts. Dr Eugene B Konecci says studies show value but resources are limited and a definite plan is needed.
Quotations from the NASD are representative inter-dealer prices as of about 10:30 a.m. today. Inter-dealer markets change throughout the day. Prices exclude retail markup markdown or commissions.
More than 1,000 Black families left crowded Los Angeles to seek a quieter life in Riverside County’s Perris Valley. Since 1925 they have bought 2 and 5 acre plots, with a surge after the Watts riot, aided by improvements from the Perris Community Association. Prices range 12 000 to 60 000 for homes. land values rising as water roads and services improve. The Perris Valley Medical Center opened with Negro staff and mostly white patients, while residents commute to LA Riverside and San Bernardino for work.
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