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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 13, 1967
Page
2
Stock market recovers from early losses in mixed trading in New York as declines narrow and advances outnumber losses for the first time in a week. Investors weigh federal reserve stance and corporate earnings amid volatile trading on the New York Stock Exchange.
Lawmakers including Hayden and Smathers faced questions over undisclosed campaign cash linked to Great Financial Corp. officials. Testimony referenced envelopes with 33 000 and 17 100 dollars and a broker yielding 16 200 dollars for senate campaigns, handed to Baker in a hotel room during October 1962.
The proposed budget totals 785 million for 1968 and 877 million for 1969. It shows significant increases for cities and counties beyond the governor's address, noting 9.3 million already going to local governments. The document also mentions a 412 million line item and other allocations.
The AP reports the New York Stock Exchange Index at noon in New York showing trading activity and market direction. No further details on components or numeric values are provided in the readable fragment.
The plan would allocate $3.7 million in the first year and $10.7 million in the second year of the biennial cycle. Maddox urged a $1,258 pay raise for teachers over two years and more funding for public and higher education. Sanders sought $106 million for the Board of Regents, but Maddox proposed $100.5 million for the university system in 1967-68, a 40 percent rise.
Forecast shows mountain highs in the upper 40s to lower 50s and coastal areas near 60. Overnight lows hover around 50 inland and near 60 at the coast with some 30s inland and near 40 at the coast. Cooler spells possible Monday and Wednesday with precipitation totaling half an inch to an inch or more, mainly rain with a midweek uptick.
AP dispatch reports a detachment of American support troops engineers signal and security forces has moved into the My Tho River area near Dong Tan to prepare a base. The deployment signals a broader shift toward long range operations and a potential inference of a 15 000 man U S infantry division joining the war in the delta as government forces pursue major offensives nearby.
Lawmakers confront funding gaps and redistricting failings as 1967 session looms. Representative Britt and Speaker-designate Scott plan a committee to tackle state needs, with court rulings pressuring new district lines and upcoming elections in 1967.
In Tillson New York a year-long fight ends as Ulster County welfare commissioner Joseph Fitzsimmons reluctantly agrees to allow Beth a four year old to be adopted by Michael and Mrs Liuni. Beth, born July 4 1962, has been in the Liuni home since infancy. The Liunis foster three of their own children Albertha 18 Joseph 13 and Michael 14 who is studying for the priesthood. The decision followed a radio report and tears of joy from Beths foster mother and two sisters.
Charley might hide under covers as a superstitious wave resurfaces with Friday the 13th. Nick Matsoukas, head of the National Committee of 13 Against Triskaidecaphobia, leads a publicity stunt to plant 13 trees in a 13 foot plot in Brooklyn using 13 pounds of soil from the original colonies to show the superstition’s cost and folly.
A psychiatrist testified that Albert DeSalvo views right and wrong as meaningless in his world where he believed he was God. Dr James Brussel described DeSalvo as warped by early experiences and driven to murder after his wife rejected him, noting he admits responsibility for the 1962 64 Boston women slayings though prosecutors say evidence is lacking.
The initial cotton futures trading opened quietly in New York with actual trades logged, signaling a subdued start to the session.
Civil rights leader A Philip Randolph says he will convene a Negro summit to explore action against lawmakers over Representative Adam Clayton Powell. Powell lost a House committee chairmanship and seat amid charges of misconduct. Dissenting voices from Emanuel Celler and Carl T Rowan frame the dispute as race influenced and a broader reckoning for Negro white relations. The NNPA, meeting in Miami, backs Powell’s seat.
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