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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 16, 1964
Page
2
Stock market moves unevenly with blue chips edging higher. Cigar stocks jump after health report links cigarettes to diseases, while tobacco rivals, autos, aerospace, and metals show mixed results. AP average up 0.6 at 290.4 noon, Dow up 0.71, AT&T hits new high. bonds mixed.
The United States says the peace plan calls for discussion while Panama pushes negotiations to end U S control of the zone. Chiari demands a new Canal Zone treaty and a Panama voice in canal operations amid student protests and deadly violence.
New York AP reports cotton futures opened with no actual trades registered, signaling a quiet start to the trading day for the commodity.
A CORE threat to make Chapel Hill a focal point of protests unless total desegregation by Feb. 1 drew a sharp reply from Gov. Terry Sanford. GOP candidate I Beverly Lake and CORE leader Floyd McKissick criticized the governor while protests led to about 240 arrests. A public accommodations ordinance delay and ensuing political backlash intensified tensions across North Carolina.
The listing shows bid and ask prices from NASD and other sources for various securities as an unofficial guide to approximate sale and purchase ranges on January 16, 1964. It includes insurers, banks, stores, and manufacturers such as Allied Security, Amer Cryogenics, Colonial Stores, Gulf Life, Harris-Teeter, Jefferson Ltd Life, Piedmont Nat Gas, Wachovia Bank, and North State Tel Co among others.
Markets report Dow Jones averages at various session times with figures for industrials rails utilities and stocks. Values show intraday movements with closing figures near 774 to 775 for the industrials and around 271 to 273 for the stock index amid substantial trading volume.
A 64 year-old woman Ida Clark was killed when she stepped from behind a vehicle into the path of an oncoming car three miles south of Graham North Carolina. The Highway Patrol reported the fatal incident occurred Wednesday night.
Mrs Helda Hendrick of Kingston and others fled amid mobs threatening to burn cars. Families escaped with ropes and gasoline threats near Panama City as rioters shouted Go home Yan kee. Several Americans were moved to a monastery and later to Pean Airport via Laguardia.
Gordon Richards, a London Stage veteran who began his career in 1909, died Monday at age 70. The actor gained fame in Hollywood during his lengthy stage and film work.
Marie Hales sought 12 000 in actual damages from McLellans Store in Wilson North Carolina after a three day trial. Judge Joseph J Parker set aside the 12 000 verdict as excessive and trimmed punitive claims. The suit followed an acquittal on an anti shoplifting charge and alleged detention by store officials before a warrant was signed.
Palermo Sicily AP reports Prof Andrea Finocchiaro Aprile aged 95 famed for postwar push for an independent Sicily. He died Wednesday leaving a legacy in regional autonomy advocacy.
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