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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 22, 1968
Page
2
Stocks fell sharply in heavy trading on Monday as shortened four hour sessions weighed on traders. Dow average slipped 8.73 to 871.59 while the AP 60 fell 2.3 to 317.0 as Litton Industries warned of lower January earnings.
Activity at the New York Stock Exchange shows varied results with numerous names highlighted. Lists include McMerck MGM MobilOil and Delta Air among others with fluctuating percentages and closing figures noted.
The report shows inconsistent Dow Jones figures with rails and bonds displaying small changes. Industrial and public utilities indices are noted with limited clarity as overall market activity remains stalled.
The article lists footnote codes for dividend types and actions, explains how rates shown are annual disbursements, and notes special or extra dividends. It includes codes such as a to z and xw for various conditions like ex-dividend, stock dividends, warrants, and bankruptcy status.
Keith Hopewood 21 guitarist for Herman's Hermits wed Anne Penelope Pagni 20 in Old Meldrum Scotland. Fans swarmed the town prompting extra police and a traditional ceremony at St Matthews Episcopal church. The bouquet was snagged by a 9 year old spectator.
In York England an ancient bell foundry from the 13th century has been uncovered under the central tower during strengthening work. The site once cast bells for the belfry of John le Romanus on land now hosting the 15th century tower.
Forecast shows increasing cloudiness for North Carolina with scattered showers possible Tuesday and cooler conditions later in the week. South Carolina expects showers Tuesday and gradual cooling with temperatures near normal through Saturday and precipitation totaling about an inch or more mainly as rain midweek.
Administration officials push a 10.4 billion spending increase tied to Vietnam and domestic programs as the Ways and Means Committee reviews tax hikes. Johnson aides warn of dollar risk if deficits rise while Bank hearings address gold cover and foreign claims against the dollar.
The 1967 Delta DC8 crash near New Orleans killed 19 including a FAA inspector. The NTSB blamed human factors and fatigue from training, citing dual engine muzzled procedures and early flap lowering. FAA suspended the practice pending study.
U S Ambassador Llewellyn Thompson delivered a secret message to Soviet Premier Alexei Kosygin in the Kremlin. The meeting lasted about 30 minutes and followed Thompson's request for a direct audience, signaling the message came from President Johnson.
CAPE TOWN AP The world’s only surviving heart transplant patient, Philip Blaiberg, remains in good condition at Groote Schuur hospital. His wife expects a champagne party when he is discharged next month if no setbacks occur. Dorothy Haupt, donor’s widow, arrives in Durban saying she is glad Blaiberg is recovering and Dr. Barnard hopes American doctors persevere.
Federal investigators probed a Saturday plane crash that killed six aboard a 1968 Piper Navajo near Pfafftown, including pilot Karl Kurbjun and co-pilot Irving Craig and their families. Investigators said the cause was not immediately clear and a report would come in weeks.
Calm prevailed at Sasebo as four clashes between radical students and police left 465 injured, including 260 police and 180 students. About 3,000 DS Party affiliates protested the 75,000 ton carrier Enterprise en route from Hawaii to Vietnam. 66 students were arrested. 250 remained in the area ahead of the ship’s Tuesday departure.
The Associated Press reports at least ten people died in North Carolina over the weekend, totaling 61 highway fatalities for the year. Victims include Alonzo Chambers 20 and Mary Ann Griffin 17 from Marshville, with three youths killed when a speeding car hit pedestrians in Union County.
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