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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 01, 1967
Page
2
The New York market rebounded with heavy trading as stocks advanced from fractions to a point or more across a broad front. Glamour issues recovered several points from Wednesday losses amid relief over the Middle East tension, the biggest drop of the year.
The text catalogs footnote letters and terms used in dividend tables. It defines designations for extra dividends, stock dividends, liquidations, and various timing and distribution conditions across 1965 and 1966, including ex dividend and warrants related notes.
Inter dealer quotations from NASD at about 10 30 this morning show representative prices across industrial transportation utility finance sectors. Markets move throughout the day and prices exclude retail markup markdown or commissions.
A Senate committee heard a substitute proposal to shrink the UNC system board from 100 to 60 members over six years. The plan splits appointments: 44 by the General Assembly and 16 by the governor with eight year terms. annual elections begin this year for 11 trustees. The governor would appoint four this year and every two years thereafter. The executive committee would have 15 members with a six year limit, and no board member could serve more than two consecutive terms.
Forecast shows occasional rain or showers across North Carolina through Friday with cool temps and lows in the 50s. South Carolina sees heavy rain at times and scattered storms, staying cool with upper 50s to mid 60s lows. Georgia remains partly to mostly cloudy with warm humid conditions and scattered thunderstorms, highs 78 to 92 and tonight’s lows 62 to 72.
The Post describes ceremonies honoring officers who completed parachute jumping requirements. It notes a general concern that careers could be affected if officers refused the traditional Prop Blast, a rite granting entry to the honored circle of jumpers.
Army Capt. Howard B. Levy faces disobedience and promoting disloyalty charges for allegedly refusing to train Special Forces medics for Vietnam. Judge Col. Earl V. Brown ruled medical ethics do not constitute legal grounds to disobey orders, with closing arguments set and potential verdict by a 10 member panel. An Army surgeon testified that Green Beret medics were essential to U.S. medical operations in Southeast Asia. Levy, a dermatologist from Brooklyn, could face up to 11 years in prison. Iceland’s Althing is the world’s oldest parliamentary body, over 1,000 years old.
NC Senate divides over Sen John Henley proposal to grant East Carolina College provisional regional university status for five years. Lt Gov Bob Scott backs the measure while Sen L P McLendon questions its necessity and potential broad impact on the UNC system. Gov Dan Moore has yet to oppose the bill.
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