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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 17, 1967
Page
2
The stock market slid for the third straight session as Losers outpaced gainers by about two to one while blue chips held steady. Speculative lower-priced stocks suffered amid a broad correction after a sharp January drop in industrial production. Brokers linked the move to a natural technical reversal despite limited counter news.
The text lists footnote codes for dividend rates in the Dow Jones averages, detailing interpretations such as annual disbursements, stock dividends, ex-dividend statuses, and various special conditions from a 1964 Associated Press copyright notice.
Market update from New York shows the noon stock index with brief notes on transportation utility and finance sectors. Index values are presented in shorthand and indicate mixed movement across major listings.
The States Item reports no conclusive conspiracy evidence from the Kennedy assassination probe. A man arrested as a Texas fugitive after Kennedy's death was under 24 hour DA surveillance last month and may have appeared before a parish grand jury. A Cuban inmate was moved near Oswald's New Orleans address and another Cuban was paid investigative funds in January.
Mostly cloudy with occasional rain or drizzle and scattered showers tonight. Some freezing rain mainly in northern mountains and northern Piedmont. Lows 28 to 33 in the mountains and northern Piedmont, 40s along the coast. Saturday, rain ending, cooler inland with 40s and 50s on the south coast. Five day forecast calls for near normal temperatures with highs 40s to around 60 and lows 20s to 40s, with 0.5 to 0.75 inches of precipitation late Monday or Tuesday.
The page shows stock averages with daily net changes and prior day figures for rails and related indexes. Bond averages list noon figures and percent changes with weekly and yearly comparisons, including highs and lows from 1965 to 1967 and noted months.
Ray Hubbard reports from the Federal Reserve Bank of Richmond that North Carolina bank debits increased in January versus a year earlier. Fayetteville SMSA led with a 35 percent jump from 91.1 million to 123.4 million, while Greensboro High Point SMSA rose 8 percent from 544.2 million to 585.5 million, reflecting checks drawn on demand deposit accounts, excluding U S Government and interbank accounts.
The New York Times reports five additional academic and international bodies funded by foundations linked to CIA money, bringing the total to 11. The Pan-American Foundation, International Marketing Institute, American Society of African Culture, American Friends of Middle East, and International Development Foundation are named, with officers denying CIA ties.
RALEIGH AP Legislations aim to create a tenure system for public school teachers. Rep Jeter L Haynes proposes automatic tenure for teachers with a regular certificate after a fourth year in one district and five years in the state. The measure outlines criteria and reappointment requirements for eligibility.
Mrs. Marjorie Powell described in detail how Adam Clayton Powell allegedly diverted thousands of dollars from her salary through checks signed in other names. Chairman Emanuel Celler called her a courageous witness as the House committee weighs expulsion or punishment options based on the evidence and past precedents. Powell denies wrongdoing, while she says she never authorized cashing the checks and that she did little congressional work after 1963.
Sterling R. Collett 53 a Morganton native and Henredon founder was elected president and treasurer succeeding the late T. Heniy Wilson who died Tuesday. Directors named Jack Campbell Theodore Schoonbeck John Collette and William E. Smith as vice presidents. Doniel Van Noppen as honorary chairman. Carroll W. Hoyle as assistant treasurer. Thomas Henry Wilson Jr. named director. Company with Morganton base and Schoonbeck division in Morganton plans a 50 000 square foot addition to Ward Street and a new Spruce Pine plant for bedroom furniture.
Over 405000 NC families live on poverty level incomes and only about 10 percent receive welfare assistance, highlighting a gap in support programs and rising hardship across the state.
The policy ensures that all district members receive a tenure contract regardless of the duration of service. This rule applies uniformly across departments, providing job security and formal recognition of continued employment within the district.
The Associated Press reports film director Michelangelo Antonioni married actress Monica Vitti in a secret ceremony during filming in England last year. Vitti, 31, had not married before, while Antonioni, 54, already had a prior marriage ended by a Vatican annulment in 1965.
A 38 year old Veracruz, Mexico man, Arces Hector Fernandez, died in Houston four days after receiving an artificial heart pump. He developed pneumonia and septicemia, with the left ventricular bypass removed 24 hours after implantation. His aortic valve was damaged by rheumatic fever in childhood.
Raleigh AP reports two North Carolina Republicans introduce a bill to repeal the state law mandating sterilization and marriage prohibition for epileptics. Representative Jordan argues current law is unjust and outdated, noting epilepsy has varied causes. A separate bill seeks to create a permanent Governor’s Committee on Law and Order.
The prime minister's polka dot bow tie sold for 30 dollars at a public auction in Ottawa to benefit the Canadian Friends Service Committee for Vietnam war victims. Mrs. Lester B. Pearson donated one of her husband’s polka dots in a personal gesture.
Las Vegas reports Beverly Adams 21, star of the Matt Helm films, married London hair stylist Vidal Sassoon 29 in a brief civil ceremony. The couple met in London last November after she finished a film with Jack Palance.
Eartha Kitt forfeits a $25 cash bond posted February 8 for failing to move on while attempting to aid a heart attack victim in a downtown Houston building lobby. The bond was automatically forfeited when she did not appear to answer the charge. The singer is currently appearing in Indianapolis.
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