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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 07, 1966
Page
2
The American Exchange in New York reports a vigorous midday rally with broad gains. Brokers cite upward pressure on basic metal prices and falling interest rates as factors boosting stocks including Monsanto, which touched the day’s active list after trading blocks of up to 30 000 shares and rising about a point.
The New York market reports Airtin at 64 and Bisc at 1.9 percent change. Investors monitor commodity indices and exchange activity amid mixed trading signals.
This AP notice lists noon stock prices with dividends notes and footnotes explaining special or extra dividends. It includes many abbreviations such as ex dividend ex distribution ex rights and warrants and indicates classifications like new issue and next day delivery within the 1966 context.
Secretary McNamara said U.S. intelligence underestimated Soviet ocean-spanning missiles to be in place by mid-1968 while current long-range missile deployments are counted as accurate. He stressed the miscalculation has no basic impact on U.S. offensive needs as he spoke in Texas with President Johnson about military plans and anti missile defenses.
In Charlotte Mecklenburg County a 3 a.m. blast damaged the Ervin family home and their 1956 car on McDonald-Hutchinson Road. Jakes Ervin and wife Mary, with children Jerry Joe and Ray, escaped injury. Threats tied to integration protests were reported. FBI assistance and area searches follow.
Chicago AP report says a national draft conference will urge major changes to the Selective Service System aimed at reducing local draft board power and creating national standards. Senator Edward Kennedy backs reform and notes widespread concern about fairness and predictability in the draft.
Forecast notes considerable cloudiness and warm conditions through Thursday with showers mainly in Georgia north and west. North and South Carolina see mild to warm days with occasional rain and lows in the 40s to 60s. temperatures are expected to rise 8 to 12 degrees above normal Thursday through Monday with light showers and a gradual cool down later.
In Burnsville North Carolina attorney Bill Atkins legal counsel for Yancey County Board of Elections faces implication in alleged absentee ballot frauds. Witnesses describe six ballots signed by Atkins in presence of Deputy Bradford and Milton Higgins Sr. The hearing also covers notarizations of 257 absentee ballots and statements about how ballots were issued and authenticated in the county.
Two Air Force paramedics were lowered into North Vietnamese territory to aid a downed RF4C Phantom crew. After enemy fire forced a retreat, three Jolly Green Giant helicopters and three Skyraiders returned to recover both rescuers. Bowers and Stevson endured two hours and an hour and a half on the ground before lifting to safety.
Two cars broke away from a southbound eight car train in a rainstorm and plunged 25 feet to the ground near the Indiana Avenue station killing one and injuring 25. The rear car landed on its side and the next-to-last car toppled, crushing an empty automobile. The CTA said 50 to 60 passengers rode the train, which ran lighter than rush hour on the South Side.
Governors flag state buildings at half staff and tribute ceremonies mark Pearl Harbor remembrance. Masses and memorials note chaplains and civilians killed, while universities dedicate war study centers and individuals reflect on naval defeat blame as faded myths.
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