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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 18, 1967
Page
2
The New York AP report notes a broad stock market rally with the week’s heaviest trading early in the session. Gainers outpaced losers about three to two as profits were taken on recent winners, index levels showing mixed gains across many major equities and industrials.
An AP dispatch describes wartime air raid activity over Haiphong area with American planes near Ha Noi and a shelter break for residents. Bombs hit Nguyen Thiep Street and near the seaport rail line, killing several and destroying numerous old homes. no military target found in the vicinity.
An OCR fragment lists index values for industrial and public utilities sectors with percentages and decimals. It mentions higher grade rankings and numeric figures such as 83.16, 74.27, 84.27, 85.004, and 88.93, reflecting performance readings or prices.
North Carolina and South Carolina face a period of well below normal temperatures from Thursday through Monday. Daytime highs will be in the 30s in the mountains and low 40s elsewhere, with inland readings in the low 20s. Precipitation may bring mainly rain in eastern areas and a mix of rain snow or sleet in western regions late Friday night. In North Carolina tonight, lows range from 8 to 15 in the mountains and 16 to 25 in the piedmont to near 32 in the south. South Carolina notes partly cloudy conditions with continued cold weather tonight, lows in the 20s inland and low to mid 30s along the coast. Thursday brings mostly cloudy skies and a chance of rain or snow late Thursday or Thursday night. highs Thursday in the 30s to lower 40s along the coast. In Washington region, Dodge dealer leaders named for the advisory conference including Ilderton, Tysinger, and Mounts to study advertising, promotions, merchandising, and dealer relations. The group notes mutual problems but not all issues have full agreement. Also reported: B B Walker Shoe Co. shows 19th straight year of rising sales and earnings with 1965 net earnings at $1.05 per share and total assets at $7.42 million.
Frames, an office and institutional furniture producer, promoted Francis A. Newby to vice president in charge of production and Richard C. Shaw to administrative vice president. Newby, a Navy veteran, joined Frames in 1946 and rose from upholsterer to plant supervisor. Shaw, a Grosse Pointe native and Furman graduate, is a four year Air Force veteran who joined in 1963. The firm is building a new plant on Shaw Scientific Street with 170000 square feet, more than doubling current space. Other officers include H. M. Gutterman, president, and Mose Samet, secretary-treasurer.
Evelyn Nesbit Thaw, the onetime Broadway showgirl famed for the 1906 murder case involving her husband Harry K Thaw and Stanford White, dies at 82 in Santa Monica after a long illness. Her life intertwined with one of America’s most notorious trials as Thaw claimed unwritten law and faced multiple legal battles following White’s slaying.
Buyers from the Southeast drive demand as manufacturers report solid orders for delivery by early spring for annual promotions. Delivery times have improved from 45–120 days last fall to 30–60 days, with some at 90 days, and prices remain steady since October. The market opened Monday and runs through Friday.
Premier Nguyen Cao Ky and his wife arrived in Canberra for a nine day Australian New Zealand tour. Demonstrators protested the Vietnam War, accusing Ky of fascist actions and killings while Ky sought thanks from Australia for sacrifices. He denied hero worship of Hitler and said a US trip would follow Australia.
TOKYO AP dispatch reports Mao Zedong and Liu Shao chi factions remain deadlocked as Mao's supporters claim armed force backing while Shanghai and other cities show unrest. Observers note a pause but implications warn Shanghai could become a flashpoint if clashes resume.
The cotton market records indicate no trades occurred with quotes near 21.35 to 22.75 in New York. Prices display modest fluctuations across nearby months including March May and July, with individual bids ranging around 22.25 to 22.70.
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