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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 01, 1965
Page
2
Stock market report notes noon prices on the New York Stock Exchange with updates on selected transactions and overall movements. Investors monitor key shares as prices fluctuate amid trading day activity.
The notice outlines ex dividend timing and rights distribution, noting full terms for shares, warrants, and associated sales. It clarifies ex-dividend dates and next steps for shareholders, including eligibility and settlement mechanics.
Domestic cotton futures rise by 0.90 per bale at the open in New York, marking a stronger start than the previous close. The market's early movement signals renewed buying interest as traders weigh supply and demand dynamics.
Richard E. Nipper, former Bristol-Herald Courier circulation director, was named president and publisher of the News Topic and major stockholder. Armfield, based in Lenoir, said the sale ended months of negotiations with Worrell Walls group to run the local newspaper. Nipper will not enact immediate personnel or policy changes. Pearce will remain as general manager.
James Dowling 24 of Connersville Ind was rescued in critical condition after more than two days in a 1170 foot deep cave in Utah's Wasatch Mountains. Dowling and two companions entered Neil's Canyon near Salt Lake City Sunday. Dowling became entangled on a safety rope and, with help from mountaineers and nine rescuers, was hoisted out after 35 hours from entry. He is at St Marks Hospital with hypothermia and shock. The rescuers included John Wood 23 and Paul Gerhard 22 with additional help from Donald Sims Edward Anderson and LaVell Burnham. Dowling attended University of California Berkeley and was studying for a doctorate. The group had planned a Memorial Day weekend outing.
Grissom reports a hard jolt shattered his helmet face plate and Young's. The force measured about 24 g. McDivitt and White face no solution yet and must secure harnesses. a spring bumper device may be added for future flights. Post splashdown both may remove suits soon, with Grissom noting no advice for unexpected events.
The report outlines general Wednesday conditions for North Carolina and South Carolina with mountains, scattered afternoon showers, and warm to mild overall. Dow Jones Averages are noted with minor fluctuations and regional market notes.
Burlington Industries prepares to dedicate a $5 million hosiery center near Interstate 65. About 300 civic and political leaders join 1,100 employees for a noon ceremony led by Gov. Dan Moore with J. Spencer Love memorial plaque unveiling. Attendees include Sen. B Everett Jordan and Rep. Horace Kornegay.
The court weighs application of an 1870 statute and the 1964 Civil Rights Act to a case involving three Black Army Reserve officers shot in a car returning to Washington after duty at Fort Benning Georgia. Judge Bootle rules the 1870 law does not apply and the Civil Rights Act provides no aid to the prosecution. Indicted defendants include Cecil Myers Joseph Howard Sims Denver Wils Phillips George Hampton Turner Herbert Guest and James S Lackey.
Washington AP President Johnson told the graduating class at the National Cathedral School for Girls that he favors debate on policy in danger yet must pursue what he believes is right. His remarks noted broad American support and his pledge to act swiftly when needed. His daughter Luci, age 17, was among the graduates. He recalled Henry Clay’s maxim that it’s better to be right than president and said he aims to be both. He urged youths to seek a better life for the world’s poor and to use parents as allies in the struggle, while defending his foreign policy stance amid campus demonstrations.
Senator King said 27 votes existed for a proposed amendment to the state speaker ban law limiting who can speak at state colleges. He noted Gov. Moore’s position remains unknown and warned delay could push adjournment to four days, while Southern Association of Colleges and Schools warned the law could threaten accreditation.
A gas explosion shook the Yamano mine on Kyushu in southern Japan. Nine hours later more than 200 workers remained entombed with 24 bodies reported recovered. Police had not yet confirmed an official death toll amid ongoing rescue efforts.
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