Market climbs in heavy New York trading
In brisk afternoon trading the stock market advanced despite earlier adverse factors. Gainers outnumbered losers about eight to three on the New York Stock Exchange as buyers drove prices higher.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 30, 1967
Page
2
In brisk afternoon trading the stock market advanced despite earlier adverse factors. Gainers outnumbered losers about eight to three on the New York Stock Exchange as buyers drove prices higher.
The text lists footnotes and abbreviations used in dividend tables such as ex dividend, stock dividend, and warrants. It notes that figures are unofficial and based on last declarations, with many footnote letters defining actions like declared, paid, or deferred dividends and special stock events. It ends with a copyright notice from The Associated Press 1966.
Officials at the strikebound Erwin Mills said most departments were running with no picket incidents. About 20 of 600 workers reported for the 7 am shift, later rising to around 40. Sheriff deputies monitored gates under a temporary restraining order limiting pickets to 12 per gate and preventing interference with entrants.
The New York Stock Exchange index at midday shows trading activity across major listings. Market watchers note changes in key notables as investor sentiment shifts with the noon snapshot.
Forecast predicts variable cloudiness and cool nights in North and South Carolina with lows mostly in the 30s and 40s. Tuesday brings little temperature change with highs in the 50s to near 60s. Overall temps will run above normal through Saturday with a midweek warm spell and a late week cooling. Rain or showers total 0.25 to 0.75 inches late Wednesday or Thursday.
Mack B. Henderson formerly with Singer Fidelity in High Point is named southern sales manager for Faigenbaum Machinery Inc Melrose Park. Roy D. Faigenbaum president says the hire is a major move in expansion and Henderson will head offices to be established in the South from 613 Quaker Lane High Point. Faigenbaum distributes the Zodiac 8 seamless hosiery machine made by G Billi Co of Florence Italy, a top ladies hosiery knitting machine maker.
A young bandit about 18 or 19, with black hair and driving a small red car, robbed the South Main Street Grocery at 12:30 pm today. He brandished a pistol, demanded about $100, and coolly told clerk M. L. Hoffman Sr. to keep his hands down before fleeing. The crime was the first at the Hoffmans' store and sparked an intensive search by law enforcement.
Witness recounts on-board destruction during Apollo 1 fire including charred flight plan pages, scorched couch areas, and a blackened door window. Describes fiery panel near power wiring with brackets remaining, and odors of smoke surrounding the craft.
Ten days before Christmas Lt. Gen. Jonathan Seaman led Operation Cedar Falls in South Vietnam. The 19 day assault on the iron triangle destroyed Viet Cong bases, killed about 720, captured 516 and seized 2.7 million documents detailing Viet Cong units, leaders and operations. Major General William DePuy called it a turning point with heavy air strikes and 30 000 troops.
U S B52 bombers made their closest raid to Saigon, striking a Viet Cong base camp 16 miles west-southwest of the city. Simultaneously 3,200 more American troops arrived in Vietnam, bringing the 9th Infantry Division to 15,000 and raising total U S forces to about 404,000.
Soviet President Nikolai V. Podgorny met Pope Paul VI for about 70 minutes in the Vatican studio to discuss the Vietnam War religious life and Catholic presence in the Soviet Union. The session followed multiple bombing attacks in Rome during Podgorny’s visit.
Duncan McIntyre head of the federal special planning division of High Point Planning Department attends the Southeastern Urban Renewal and Codes Workshop in Atlanta Georgia. Theme is The Complete City Our Challenge Our Responsibility. The workshop began yesterday and ends tomorrow.
North Carolina’s nickel-a-bottle whisky tax has generated the $2,750,000 earmarked by the 1965 General Assembly for three alcoholism treatment centers. State officials report about $2 million in the last fiscal year and nearly $1 million more in six months ending December 31. Plans for centers at Greenville and Asheville advance slowly while Butner will serve as central operations for treatment and research.
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