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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 01, 1966
Page
2
The American Exchange reports a mid day rally on light to moderate trading as investors anticipate a long Fourth of July weekend. Prices rose while acknowledging a holiday closure and the market approaches a potential support level near mid May.
Gerald Lewis named president of Indian Head Hosiery Co division, uniting Diamond Mills and Claussner Hosiery under one head. Lewis comes from National Mills within U S Industries, with nine years in brand merchandising and management. Diamond Mills operates in High Point and Wilmington North Carolina, producing Fruit of the Loom nylons and stretch tights. Claussner makes Claussner and McCallum nylons in Paducah Kentucky.
Mostly cloudy through Saturday with showers and scattered thunder showers across the state. Heavy rain expected in the southern portion tonight or Saturday. Lows range from 59 to 66 in the mountains and 69 to 74 elsewhere.
Temperatures Saturday through Wednesday will average one to four degrees above normal in western sections of North Carolina and South Carolina with near normal elsewhere. Readings include Asheville 83/61, Charlotte 89/67, Columbia 93/70, Charleston 90/72. Expect mild to warm weather and precipitation totaling 0.25 to nearly 1 inch in NC and an inch or more in SC as rain or showers early in the period.
New York AP reports cotton futures opened with no actual trades. month loadings listed for July May and October.
Gov. Dan Moore's Law and Order Committee decided not to seek revocation of the Ku Klux Klan's North Carolina charter. State Attorney Generals Bruton and Moody expressed doubts about sufficient evidence for action, while Malcolm Seawell urged disaccreditation of the Klan.
In Santo Domingo Joaquin Balaguer is inaugurated as president with diplomatic attendance while a May Day style disturbance erupts nearby. Police fired on a mob, wounding several, as Vice President Hubert Humphrey arrived to lead the U S delegation. Balaguer, 59, returns to power promising peace and economic progress.
After a patient pays the first 40 dollars of hospital bills Medicare covers basic hospital expenses for 60 days and all but ten dollars a day for another 30 days. Doctor bills are covered under a $3 monthly supplementary plan. Local doctors weigh who files with the government and notes about extra paperwork. In Goldsboro Dr. Nation says patients should pay him and file with government, while others warn about new recordkeeping and staff needs. Cumberland County lacks home health care facilities.
Travelers report Baghdad resuming normalcy after a brief coup bid. Rebels allegedly fired on the presidential palace and seized radio facilities while the presidential guard reportedly resisted. Arrests included former premier Abdel Razzaq and ex-interior minister Sobhi Abdel Hamid as Baghdad vowed lawful punishment.
Washington reports fiscal 1966 begins with Congress and the Johnson administration split over red or black ink. Estimates place last year’s deficit around 2.5 to 2.9 billion, with the new year seen as a shortfall of about 1.8 billion by the administration, as Treasury and a Senate committee weigh final tax and spending figures.
Sen Robert F Kennedy and 22 others begin a roughly four day Fourth of July float down Idaho’s Salmon River from Sun Valley. The group includes Kennedy family members John Glenn Jr James Whittaker and Lemoyne Billings and a mix of friends and relatives. The Salmon River run is described by guides as the wildest boat ride in America.
In Atlanta AP report on SNCC embrace of black power amid falling support. Former SNCC chairman John Lewis resigns July 22 citing disagreement with the term. Martin Luther King Jr disavows the slogan while Stokely Carmichael and Willie Ricks frame it as community empowerment and political or economic power.
The excerpt explains a spell of illness starts when admitted to hospital and ends 60 days after discharge, with posthospital care starting July 1. It notes benefits transfer between hospitals, and outlines Medicare deductibles for hospital days, doctor insurance, and keeping a spouse on private policy for coverage.
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