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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 05, 1967
Page
2
New York stocks opened with sharp drops as tensions in the Middle East weighed on investors. By late morning the Dow had fallen about 11 points from the previous close, with the Associated Press average down over three points. Bargain hunters then began to buy, steadying the market from its early lows.
The table explains annual dividend figures from last declarations and marks special or extra dividends with footnotes a through vi. It covers ex dividend, ex rights, stock dividends, warrants, and reorganizations including foreign issues subject to tax.
Cotton futures opened quiet in New York with no trades registered. The AP notes a dormant market as prices hover with minimal activity.
Forecast covers North Carolina South Carolina and Georgia. Expect considerable cloudiness mild with rain or showers and scattered thunder showers especially eastern portions today and tonight. Temperatures mid 60s to low 80s with cooler mountains. Precipitation 0.25 to 0.75 inches early period, warming midweek.
U S Marines smashed a Communist regiment about 25 miles southwest of Da Nang, reporting 570 enemy killed amid two days of heavy fighting. Marine casualties stood at 73 dead and 139 wounded as the unit captured a lopsided victory near the Da Nang base.
AP notes at noon on NYSE the market showed declines across sectors with the Industrials at 49.60 down 0.76, Transportation 53.66 down 0.67, Utilities 45.33 down 0.26, and Finance at 146.46 down 0.76 amid mixed trading.
A description notes waves travel across the water surface while the lake itself oscillates, with a fixed water volume rising and falling and returning to nearly the same location as it sinks again.
The conflict escalates after weeks of border clashes as Egypt orders UN forces to withdraw from Sinai and Gaza. Air and ground battles rage with claims of heavy casualties on both sides as Syria Jordan and Britain react. The U N Security Council convenes amid calls for halt.
Senator Robert F. Kennedy in a lengthy and unreserved endorsement backs President Johnson and Vice President Humphrey for 1968 at a New York fundraising dinner. Kennedy lauds Johnson’s size, achievements, and future promises, signaling improved party unity after earlier tensions.
Duke's indoor stadium was evacuated during commencement exercises as a bomb threat prompted about 8 000 people to leave and regroup at Duke Chapel. Dr. Robert S Rankin and Duke President Dr Douglas Knight spoke before the evacuation.
A giant power outage disrupted Newark Philadelphia and nearby cities during midmorning. Electricity returned in parts of Philadelphia within an hour while New York and areas spared in the 1965 blackout remained affected differently. Authorities traced the fault to an interconnecting line in New Jersey Pennsylvania Maryland with eight of nine generating stations knocked out.
The Supreme Court, in a 6 to 3 decision, barred prosecutions of householders who refused to admit municipal health welfare and safety inspectors without a warrant. The ruling applied similarly to business owners, while Justice Clark led a dissent warning it weakens Fourth Amendment protections and upends longstanding local inspection practices.
Justice John M. Harlan and Potter Stewart join the majority with Chief Justice Warren and Justices Hugo Black William Douglas William Brennan Jr and Abe Fortas in the ruling. The Dow Jones averages reference frames the context of the article.
Crowds fill streets around President Nasser's Cairo home as Egyptian MIG19s fly over the city during an air raid alert. Antiaircraft bursts appear west of Cairo near Heliopolis, and a report claims an Israeli plane was shot down near a casino. NBC crew, attacked while filming, left with a concussion.
Richard Speck, 25, was sentenced in Peoria to die in the electric chair on Sept. 1 for murdering eight nurses in a Chicago dormitory last year. Judge Herbert C. Paschen followed the jury's death recommendation, setting off expected lengthy appeals.
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