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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 13, 1966
Page
2
Wall Street declines widen as concerns over tight money, Viet Nam hostilities, and airline strikes weigh on trading. Dow briefly back under 900, with United Corp rising, and several major stocks lagging as losses spread across sectors.
Carrier based US Navy bombers hit a northwest Haiphong oil depot causing smoke and flames. They clashed with old MIG15 fighters near Hanoi, marking the first MIG15 encounter in the war. Two Army helicopters were shot down. 181 military deaths noted from ground fire.
Cotton futures in New York opened without any trades reported as dealers waited for clearer price signals and market guidance from the session start.
In Virginia Senator A Willis Robertson and Howard W Smith lost narrowly to rivals in a Byrd era contest. Final unofficial totals from 262 precincts show Robertson and Smith each edged by rivals, with the Byrd faction holding a slim lead overall in the state.
Two freight trains collided head on near a crossing on NC 150 outside Cherryville. One man was killed and another trapped in the burning wreckage. Three others were hospitalized in Gastonia and Lincolnton as rescuers fought the blaze.
Ex military employee of the Joint Chiefs of Staff at the Pentagon retired Feb 3 1961 on disability is involved in a high profile arrest. The case prompted his wife Bernadine to break down upon being told by reporter Walter Gold about the AP story detailing the charges. She expressed disbelief and concern over looming financial burdens.
Assistant Secretary of Labor James Reynolds announced the resumption of negotiations to settle a strike involving five major airlines. He cited Northwest president Donald Nyrop ordering the withdrawal of a rent in advance notice to Tokyo employees and praised cooperation from Northwest IAM and AFL CIO IAM in resolving the dispute. The meeting included IAM representatives and executives from Eastern National Trans World and United.
Twenty eight prisoners at Leavenworth Penitentiary organize a chapter of the Kansas Anthropological Association focused on relics of the past. No digging plans have been disclosed by the new group.
Prospective jurors objecting to the death penalty slowed jury selection in the Guilford County murder trial of Joseph Eugene Spence and Glenwood ONeil Williams. Only three jurors seated after three days, as defense questions highlighted alcohol related insanity and voluntary hospitalization context.
Johnson stresses common dedication to human progress and urges peaceful cooperation with China. He says Peking should be discouraged from aggression and notes U S efforts to open travel with mainland China have not yet succeeded. Other officials discuss Vietnam, Hanoi, and possible timelines for victory as Congress reviews the situation.
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