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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 23, 1967
Page
2
In New York the stock market posted uneven trading with fractional changes across leading issues. Overall, gains and losses were roughly even on the New York Stock Exchange, with a slight tilt to the plus side amid active trading.
Duke Pw rises to 1.20 and duPont to 1.25 while Dug Lf reaches 1.60 and Dynamop shows 0.40. Market brief notes shifts in several issues on the New York Exchange with modest changes across blue chips and mid caps.
Unofficial stock figures and a legend explain dividend types and actions for 1960 market listings. The table notes include abbreviations for cash value, stock dividends, ex rights, and special dispositions across various issues.
Inter-dealer prices as of approximately 10:30 a.m. today reflect changing markets throughout the day. The release notes that prices exclude retail markups and commissions and provides noon figures for the Dow Jones averages, rails, utilities, and related sector data with day-to-day and year-to-date context.
RALEIGH AP The General Assembly committee on congressional redistricting opened its study of North Carolina map realignment. John Sanders of UNC warned the three judge panel previously throwing out a redistricting plan set a strict standard. He noted the state is under a court order prohibiting further zonal elections based on current districts. Sanders suggested no district should deviate from the state average by more than five percent.
Forecast for North Carolina shows cold air through Friday with snow flurries near the moon and lows 14 to 22 degrees inland to near freezing at the coast. Highs Friday near 30 to 40s on the coast. South Carolina remains clear to partly cloudy, colder tonight and Friday with inland lows in the 20s and near freezing at the coast, highs Friday from the 40s to upper 40s along the coast.
The noon New York Stock Exchange index shows activity across major stocks in a broad market snapshot. Investors monitor gains and losses as trading proceeds, with emphasis on blue chip names and notable price movements.
Covert Textiles has been named exclusive agent for Norwood Mills of Janesville Wisconsin for the furniture trade east of the Mississippi. Norwood Mills is a leading producer of knitted fur fabric currently used in the furniture industry.
Three Neill Pontiac salesmen win the outstanding Pontiac sales award for the past year. Fred Young Clyde Martin and Roger McAllister named as Mastersmen's Guild winners in the same recognition.
Dr. Harvey G. Tilles, a local podiatrist, attends the 71st annual foot care conference of the Podiatry Society of the State of New York in New York. More than 2,000 podiatrists from across the nation are expected for the four day meeting.
George P. Clark of New England Mutual Life Insurance will attend a regional conference of life underwriters in Washington D C. Monday and Tuesday. Fark, vice president of North Underwriters, will represent the state at the two day session.
A seminar by the Research Society for Advancement of Management and the Winston Salem section of the American Institute of Industrial Engineers will be held Tuesday at Howard Johnson's on I-85 in Greensboro. Registration starts at 8 a.m. The program runs 9 a.m. to 5 p.m. A team from the Research Triangle Institute led by Dr Ralph L Ely Jr will conduct the program.
Sen. Lind Warren Jr. told a Raleigh joint committee the proposed intermediate court of appeals faces the most difficult problem the courts commission has encountered. The commission favors two tasking categories with the Supreme Court handling the second, but Warren warns statutory limits cannot solve the issue. The court, authorized by a 1965 amendment, could start in October if bills pass.
New York traders saw a quiet start as cotton futures opened today with no actual trades registered and limited activity across the market.
Earl Killam requests exhumation of Thomas Henry Killam in Pensacola to verify cause of death amid ties drawn to the Kennedy assassination inquiry in New Orleans. Authorities plan immediate investigation with Escambia County Solicitor Carl Harper and a potential consult with Jim Garrison.
The Associated Press seeks reversal of a 500000 dollar libel verdict awarded to former Maj. Gen. Edwin A. Walker over its 1962 University of Mississippi riot report. AP argues a ruling should not chill free speech and press and urges application of the 1964 actual malice standard to public controversy participation.
Gov. Moore ordered a copy of the East Carolina College study to be delivered to State Sen. Robert Morgan amid reports he threatened action to obtain it. The 10 member group’s final report, sent to Howard Boozer, will not be released publicly until mid-March.
Southport, AP A Superior Court judge says a man with traffic violations threatened to harm a judge, prompting the judge to keep a pistol in his motel room. Judge James H. Bailey, ex FBI, states he travels roads at night and carries a gun for protection. He says he would not allow anyone in his court with a weapon except a police officer.
The House select committee on Adam Clayton Powell adopts a report urging Powell seating with a stiff censure and loss of seniority. It also calls for repayment of about 35 000 dollars from government funds used on personal charges and travel. Pepper plans to sign despite dissent. Celler confirms unanimous support.
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