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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 20, 1967
Page
2
New York stocks opened mixed with the AP average up 0.7 to 315.3 as industrials rise and utilities slip. Durable goods orders jump in November while computer shares rebound led by Dow components and firms like Burroughs and IBM amid tax selling and shifting.
Unofficial noon prices listed for the New York Stock Exchange and American Stock Exchange. The text explains footnotes designating dividends, stock splits, ex-dividend and ex-right statuses, and other timing indicators, with references to annual rates and earnings disclosures.
The Associated Press reports final Middle Belt sales at Dur ham reached 66 938 pounds at 50 33 per hundred. Total Middle Belt season sales were 151 838 157 pounds at 62 70. North Carolina Virginia markets sold 3 032 165 pounds at 58 52, up 2 94 from last Monday, Martinsville Va closed for the season and the remaining markets will stay closed until January.
Variable cloudiness and mild conditions across the region with highs mainly in the 60s to 80s. Lows tonight from 38 to 62 depending on location, with mountains cooler and coast warmer. Thursday remains mild to warm with spotty showers possible in Virginia and Georgia.
A terse stock index note lists figures for several items including tea poles and Binance. Investors monitor daily shifts as market activity shows modest changes amid headlines.
State health officials report no Asian flu outbreak in North Carolina despite scattered respiratory illness. Dr. Morton Hines notes cases in Buncombe County, the Cherokee Indian Reservation and Johnston County schools, with Montreal College seeing about half its students ill.
William T. Council Jr. takes the general manager role for the upholstery division of Drexel Enterprises Inc. Vance S. Clontz is named assistant general manager. The moves accompany a reorganization of Heritage and Drexel Furniture plants including High Point and Drexel upholstery facilities.
First Union National Bank passed the 100 mark in number of banks across the state after the merger with the Bank of Wendell. Before the merger the chain operated 99 banks serving 47 North Carolina communities.
Johnson signals possible 1968 bid while stressing prosperity and a 10 percent income tax surcharge. He discusses U S policy in Europe and the Middle East, aims to unite Republicans in Congress, and notes tensions with De Gaulle and Israel but maintains friendly US French relations. He cites NLF talks with South Vietnam leaders as potentially productive.
Small boats dragged the Ohio River downstream from the Silver Bridge collapse as divers work sunken autos from 40 feet under water. 21 bodies recovered, at least 40 missing, and debris removal may take months.
Senate antitrust subcommittee chair Philip Hart says open hearings will examine diet-pill suppliers and obesity doctors. A six month staff study found firms recruiting doctors with promised incomes and trips, plus doctors prescribing only that firm's pills. Investigators cite long running FDA complaints and possible inaction.
Fayetteville police charged James Harvey Fisher of Route 3 after he followed a woman restaurant operator to her home and stole 673 dollars in cash and checks from her driveway in the early hours. He was found hiding in shrubbery a few blocks from his residence.
Governor Romney reports two hour ten minute talks with Soviet Premier Kosygin in Moscow. Romney says European trip supports political as well as military paths to Vietnam peace and rejects withdrawal or abandonment of Vietnam.
Washington AP The 26 Republican governors predict their numbers will grow to 31 after the 1968 elections. The GOP Governors Association in its Governors News Log does not name five states they expect to flip. It notes seven Democratic incumbents may run for the Senate in Illinois Iowa Kansas New Mexico North Dakota Utah Vermont. Democratic governors Indiana North Carolina and West Virginia cannot seek reelection and Texas Governor John B Connally will not run again. There will be elections in eight Republican and 13 Democratic states.
In Athens the top Greek military regime leaders resign from army posts to become civilian cabinet members. Brig. Stylianos Pattakos Col Nicholas Makarezos and conny premier retire as generals signaling a shift toward civilian rule. Referendum on the constitution and elections may be set soon.
The 15 month sentence of Charles David Vickers, a Salisbury North Carolina postal worker, for mail theft was upheld by the Fourth U.S. Circuit Court of Appeals. The court found the evidence valid and ruled his Fourth Amendment rights were not violated as he consented to a search.
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