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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 02, 1967
Page
2
New York AP describes a thin early Friday gain in the stock market amid a hazardous Middle East situation. Trading was active with gainers outnumbering losers about two to one but blue chips were spotty and major averages barely rose. The AP average stood at 320.5, down .2, with industrials down 1.1, rails up .6, utilities down .1.
Summary lists stock market notations and actions such as annual rate stock dividend liquidating distributions ex dividend ex distribution and related timing codes. It defines labels like payable in stock during 1965 accumulative issues ex rights and warrants and bankruptcy warnings for securities.
The text explains that dividend rates in the table reflect annual disbursements based on the last quarterly or semi annual declaration. It notes that special or extra dividends not designated as regular are explained in footnotes.
The Senate University Trustees Committee approved a bill to reduce the Consolidated University of North Carolina board from 100 to 60 members over six years. It would shift selection: 44 elected by the General Assembly, 16 appointed by the governor, with an ex officio governor seat and a 15-member Executive Committee limited to six consecutive years.
The Noon NYSE index shows a slight gain as industrial and other sectors edge higher. The overall index stands around 50.58, up 0.03 points.
The Senate debates a tax plan with revenue impact from 300 to 600 dollars and 16.5 million total loss. Provisions include extra 1000 exemptions for seniors, 1000 or 2000 standard exemptions, and 600 per student dependent educational exemptions. Sen. White argues against delaying the measure while Sen. Scott resists a delay.
Forecast for North Carolina South Carolina and Georgia shows mostly cloudy skies cool nights with scattered rain or drizzle south coast warmer Saturdays. Lows around 50 in mountains and northeast, 50s elsewhere. Highs 70s to low 80s. Rainfall light less than one tenth inch.
The Southern Baptist Convention in Miami Beach rejected two resolutions urging an all-out war in Vietnam and upheld a plan backing a just and honorable peace. Delegates chose to support government leaders in developing strong policies toward peace and barred new business on the final day.
A Washington AP report says a U S high school government class reduced the federal debt by 1 97 through a voluntary donation drive. The special fund for debt retirement has collected 909 066 82 through April 30 with major support from the late Susan Vaughan Clayton of Houston and Rep Charles Bennett.
A Paterson textile firm denied supplying the dark blue plaid leader material blamed for Miss Josephine Ramirez's death from aplastic anemia after a severe chemical reaction. Health officials cited a former employee who admitted removing material from Universal Bonding and Processing Corp in Totowa last October and giving it to three families. The company said no such material was in the plant when the cloth was taken.
In a Columbia court martial, defense attorney Charles Morgan Jr. pressed for acquittal for Army doctor Captain Howard B. Levy who refused to train Green Beret medics bound for Vietnam. Prosecutor Shusterman claimed Levy sought to incite disloyalty among Black soldiers. A verdict could come Saturday with possible maximal sentence of 11 years if convicted.
Hollywood AP reports Judy Garland 44 plans to marry publicist Tom Green in September, saying they have loved each other two years. She recently divorced her fourth husband Mark Herron and cites past unhappiness with ex husbands Sid Luft and others as a reason for their upcoming ceremony at Dartmouth College chapel in New Hampshire.
The North Carolina House gave tentative approval to a bill by Rep. Thomas Strickland D Wayne mandating jail terms for second or third DUI offenses. It would repeal first conviction license revocation and allow judges to choose license revocation or restricted permits to preserve employment. Second offenses offer voluntary admission to a state rehabilitation center instead of a three day minimum jail term.
The three small Leeward islands of St. Kitts Nevis and Anguilla support about 60 000 people living across 155 square miles in the Caribbean.
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