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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 14, 1967
Page
2
In New York a mid afternoon stock market advance saw steel and mixed growth lift prices. Trading was fair as buyers outpaced sellers two to one and several indexes moved higher after an uncertain start.
The document lists dividend related codes used on the New York Exchange including regular and special payouts, stock dividends, liquidations, ex dividends, rights, warrants, in bankruptcy, foreign issues, and other conditions with shorthand labels and timing references. It notes 1966 copyright by The Associated Press.
Over-The-Counter quotations from NASD show representative inter-dealer prices as of about 10:30 a m. Prices vary as markets move through the day and do not include retail margins or commissions.
Ramparts magazine charged the CIA secretly funded the National Student Association for more than ten years to back overseas activities. NSA officials confirmed the covert ties within a small circle as Ramparts prepared a March issue detailing espionage links in American student leadership.
Senate Rules Committee authorized its chair Sen Herman Moore to draft and introduce a resolution granting each legislator a monthly allowance for phone calls and postage. The plan sets a maximum of the allowance with calls deducted from it, totaling 8500 dollars in the Senate and 19000 in the House.
General weather outlook for North Carolina and South Carolina with mild temperatures. North Carolina expects low 30s to 40s with mountains 34 to 42 and midweek highs 55 to 63 in valleys and 65+ elsewhere. South Carolina forecasts fair conditions through Wednesday with lows around 34 to 42 and highs 65 to 74.
T Henry Wilson president of Henredon Furniture Industries based in Morganton died in a Morganton hospital after a brief illness at age 67. A founder of Henredon in 1945 he played key roles at Drexel Furniture and served on the Charlotte Federal Reserve board. Survived by wife Dell Bernhardt and three sons. Funeral plans pending.
Hershey warned that a Defense Department plan to draft 19 year olds rather than the current under 26 oldest-first system could reduce enlistments and make older men feel exempt from service. He noted reserves and National Guard might be called, but he does not expect it soon as it would weaken overall armed forces.
Japanese reports from Peking describe bloody clashes in Lhasa where dissidents led by Gen. Chang Kuo hua seized key security offices and declared martial law. The dispatch notes a purge of Red China military leaders under Mao Zedong and highlights Mao’s wife Chiang Kai shek taking a leading role in the anti purge committee, with Chou En Lai named adviser. A separate wall poster mentions a clash between Soviet and Chinese troops on the Manchurian border.
A Murfreesboro High School bus carrying about 20 students collided with a 6,000 gallon kerosene truck at the Highway 258 intersection with a rural road. About a dozen children were treated for minor injuries at doctors' offices. none hospitalized. The truck overturned, spilling about 1,000 gallons of kerosene on the dirt road. Driver James Riddick III, 16, and truck driver John Frank Brewer sustained minor injuries.
In a budget briefing, Moore advocates raising the dependency exemption to 600 dollars and expanding the child deduction to cover students in colleges and various schools. He cites tax reductions across income levels, including 60 percent for a family of four earning four thousand dollars, and notes education as a recurring theme in his State of the State and budget messages.
North Carolina higher education leaders offered no comment on Gov. Moore's proposed budget. UNC Chancellor William Friday said chancellors will report at the Feb 27 Board of Trustees meeting. State officials questioned funding levels and capital projects amid the $179 million capital plan.
World War II veteran spoke in North Carolina at Duke University on Monday night, delivering remarks as part of a campus event.
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