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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 02, 1966
Page
2
The AP index rose 0.2 to 290.6 at noon with industrials flat rails up 0.6 and utilities up 0.2 as IBM fell 3 points and Polaroid gained 1 percent. A list of 1:30 PM NYSE trades followed with notes on dividends and stock movements through the day.
Forecast for North Carolina and South Carolina calls for fair to partly cloudy conditions. Colder nights with lows around 20 in the mountains to near 32 in the extreme southeast, highs 36 to 44 in the mountains and upper 40s to 50s in the southeast. South Carolina sees fair to colder conditions, with coastal areas slightly warmer. Temperatures should average near normal through next Wednesday with light precipitation totaling less than one tenth inch, a weekend cool spell followed by a warming trend.
New York AP reports cotton futures opened quiet with no actual trades registered. Market activity delayed as traders await clearer price signals and near term demand cues.
The Viet Cong salvage American ordnance and convert it to mines and booby traps. Large shells and bombs threaten PC columns, with duds and remote detonations complicating defense. Armor and tactics struggle against concealed, rapidly planted mines amid forests and spider-hole ambushes.
An AP style noon summary from New York markets shows mixed readings on the index with small price changes across sectors. Industrial shares edge higher while utilities and other groups give mixed signals in a quiet trading day.
The California Angels sent 1964 Cy Young winner Dean Chance to the Minnesota Twins in exchange for first baseman Don Mincher outfielder Jimmie Hall and pitcher Pete Cimino.
The Transport Workers Union extends the noon strike deadline for Pan American World Airways to an hour by hour postponement amid progress in talks. About 13,000 of the airline’s 31,300 employees are covered, with potential grounding of 360 daily flights if negotiations fail. Federal mediators and company officials are in discussions as talks resume.
United Nations secretary general U Thant won unanimous Security Council support for a new five year term after reversing retirement plans. The council urged ratification by the General Assembly and set a December 31 1971 end date, with powers to convene sessions as needed.
Rogers writes parents about a temporary suspension of Franklinton High School activity bus and related activities following a board of education meeting where a delegation warned the bus could be in danger. He notes concerns over possible Klan plans to damage the bus to implicate the district.
About 10,000 students rallied in drizzle at Berkeley in support of continuing the classroom boycott sparked by a sit-in at a Navy recruiting table. Chancellor Heyns returns to campus as leaders press for a nonpunitive, policy oriented resolution and for outside police to stay off campus.
Dennis Hale the sole survivor of the Daniel J. Morrell wreck spoke from Harbor Beach hospital about enduring 36 hours on a pontoon raft. He described watching 28 crewmen die in Lake Huron after the ore carrier broke in two during a gale. Hale recalled being asleep when disaster struck and surviving with only a jacket and life gear as the raft drifted and rescue finally came.
The Pentagon requests a February draft of 10,900 men for the Army, the smallest monthly call since March 1965, following reductions from 27,600 to 16,600 in January. Secretary McNamara and President Johnson foresee a leveling of manpower and defense production needs.
Jeanine Beverly, 19, leaves St. Petersburg to work as topless dancer after seeing a Cock and Bull ad. She earns about 150 dollars weekly, more than a secretary, to support her child on 43.10. She says nudity is not obscene if not thought about and glasses are needed to see.
The fourth of five youths from Aberdeen and Raeford area died from burns after a tent fire during an overnight camping trip two weeks earlier. John Howard Crissman, 14, died at North Carolina Memorial Hospital in Chapel Hill after two earlier deaths and another, Clarkson Allen, 13, died Tuesday at Duke University Hospital in Durham.
The Dow Jones averages show slight movement with industrials and utilities contributing small shifts. Investor activity appears muted as several sectors post minor gains and others show marginal declines in a cautious trading session.
Pittsburgh AP report says six day old quintuplet Roni Sue Aronson lay near death with brain damage and grave condition after convulsions and breathing trouble. Doctors warned the outlook for life is almost hopeless as the surviving sister fights critical illness following premature birth to Mr and Mrs Michael Aronson of Pittsburgh.
The nation’s unemployment rate fell to 3.7 percent in November, the lowest in 13 years, with total employment rising to 75 million. Jobless numbers reached 2,650,000 while employment surged by 300,000, aided by temporary gains from election-day hiring.
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