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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 22, 1967
Page
2
The AP stock index at noon fell 0.4 points to 326.2 with the Associated Press average of 60 stocks down across major sectors. Nervousness over Middle East tensions and potential talks between President Johnson and Kosygin weighed on trading.
The document defines dividend rate annotations for cotton futures including terms like annual disbursements, stock dividends, liquidating dividends, and ex distribution. It lists footnote codes such as n new issue and x ex dividend with various modifiers for special payments, timing, and conditions.
NASD over the counter quotations show representative inter-dealer prices as of 10:30 a.m. Today inter-dealer markets fluctuate. Prices exclude retail markup, markdowns, or commissions. New York AP reports cotton futures opening today unchanged from the prior close.
Egyptians rally in support of Nasser then voice doubt about peaceful settlement with Israel. Pro Nasser sentiment appears staged yet largely genuine while Cairo media shift from war talk to sacrifice. Citizens face shortages of meat and essentials and families urged to surrender wedding rings to bolster gold reserves.
New York stock ticker shows mixed activity at noon with notable indices the Dow industrials, utilities, transport and broader averages all moving. The report lists several values including 50.90 for a general index and declines around 0.1 to 0.3 points for subsectors.
North Carolina features variable cloudiness and warm temps through Friday with scattered thundershowers mainly in the afternoons and evenings in the west. Lows tonight 58 to 65 mountains and 67 to 74 elsewhere. Georgia and South Carolina show similar patterns with afternoon and evening showers and highs Friday in the 85 to 96 range.
Egypt faces an exhausted flow of tourist dollars with hard currency earnings nearly vanishing and the economy relying on Soviet aid as a stopgap.
The board of American Bakeries Co. declares a quarterly dividend of 25 cents per share on common stock 45 cents per share on the cumulative prior preferred stock and 1.25 per share on the 5 percent cumulative convertible preferred stock payable July 15 to holders of record June 30.
Heritage Furniture Co a division of Drexel Enterprises names C Nathan Slack to oversee sales direction and administration Slack takes on duties as director of sales for the Heritage unit based on the internal announcement
Raleigh AP reports the House Calendar Committee split 6 to 5 in favor of a bill to license two groups of osteopaths. One group could prescribe drugs and perform minor surgery like physicians. the other would limit to physiotherapy. The measure faces opposition from the North Carolina Medical Society as deans of three medical schools express concern.
U S Command reports 143 Communist troops killed in two central lowlands battles. Casualties for Americans: six dead, 22 wounded, four missing, with light clashes in 21 other operations. Air forces launched 133 missions against North Vietnam rail yards and steel works, while a reconnaissance plane was shot down but rescued.
The House, in a 217-196 vote, approved a 22 billion increase to raise the debt limit from 336 to 358 billion, aiming to avert a Treasury shortage. Senate action follows, with Dodd censure delaying schedule, as both sides weigh a potential Biden meeting with Kosygin amid Arab-Israeli tensions.
In Nashville the Tennessean quotes District Attorney Jim Garrison claiming Kennedy was killed by a 14 man Cuban guerrilla team trained near New Orleans in 1963. The paper notes Garrison believes anti Castro refugees were the attackers brought to prepare for Cuba action.
The National Hurricane Center reported a satellite image showing a disturbance midway between Bermuda and the North Carolina coast. The system appeared better organized with some circulation but ships reported no strong winds. A hurricane hunter aircraft was sent to investigate.
Jake Froelich of High Point and T Henry Redding of Asheboro are among 53 nominees for 27 UNC board of trustees seats. A joint legislative committee approved procedures to elect eight-year terms with Monday night as the nominations cutoff and committee votes to reduce the list to 27.
France urged a negotiated Middle East settlement while linking peace prospects to ending the Vietnam War. Maurice Couve de Murville spoke in the General Assembly as Johnson and Kosygin weighed a possible summit, with De Gaulle noting Israel’s territorial gains were not final.
Luci Johnson Nugent gave birth to an 8 pound 10 ounce boy at Seton Hospital in Austin. Patrick Nugent said the baby and mother are doing well and Lyndon B. Johnson sent prayers. The newborn’s name combines Nugent and Johnson legacies with Lyndon as middle name.
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