Wall Street Slumps Amid Viet Nam Fears
A broad market decline pressed the Associated Press average to 316.2 with a 2.4 drop by noon as Dow Jones fell 6.25 to 863.97. Traders grew nervous as prices weakened, with some bargain buying later narrowing the loss. Notable movers included Bell & Howell and Texas Gulf Sulphur, while bonds showed mixed gains.
MENTIONED IN THIS ARTICLE
New York
Gomaged Aang & Read Feane Duma
Wall
Dow
General Electric
Texaco
Standard Oil of
Indiana
Railway
Westinghouse Electric
Caterpillar
Jones & Laughlin
Sears, Roebuck
Chrysler
Bell & Howell
Texas Gulf
Domestic cotton futures open with no trades noted
New York reports no actual trades and lists definitions for dividend codes and stock distributions for 1965. The table explains payout types and timing including cash values, ex-dividend dates, and stock-only distributions.
MENTIONED IN THIS ARTICLE
New York
Over-The-Counter Stock Averages Report
NASD quotes show regional and national over the counter stock averages at about 10:30 a.m. today. Bids reflect inter-dealer prices. asks include approximate markups. BBS Studios, Inc. listed with bid 2 percent and ask 3 percent.
MENTIONED IN THIS ARTICLE
NASD
Ask
Ask Bbs Studios, Inc
Health debate reshapes basic plan with hospital provisions
A House committee overhauled the basic health plan adding 60 extra hospitalization days and adjusting financing. Changes push the taxable wage base to 6 600 in 1966 from 1971 while Senate tweaks shift costs toward higher income families and modify the earnings threshold for the $1 to $2 provision.
MENTIONED IN THIS ARTICLE
House
Senate
Coast Guard Formed From Revenue Marine and Lifesaving Service
The United States Coast Guard emerged in 1915 when the Revenue Cutter Service merged with the Life-Saving Service. Congress created the combined service to coordinate coastal defense and maritime rescue operations.
MENTIONED IN THIS ARTICLE
United States Coast Guard
Revenue Cutter Service
Lifesaving Service
Revenue Marine Service
Congress
Building permits rise in North Carolina in early 1965
North Carolina cities with populations over 10,000 issued building permits totaling 25,964,563 in May 1965, down 9.7 percent from May 1964, but the first five months show a 6.3 percent year over year gain with Greensboro leading May permits at 4,141,068 followed by Charlotte and Raleigh among others.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
el Vse
Rane
Crane
Tar Heel
Greensboro
Charlotte
Durham
Winston-Salem
Fayetteville
High Point
Rocky Mount
Salisbury
Sanford
Shelby
Statesville
Thomasville
Wilmington
Wilson
Duke Power Chief Attacks Government Over Plant Plan
Duke Power President condemned federal interference after Interior protested Duke's 700 million plan for a Keowee Toxaway complex in South Carolina. He argued federal projects could supply power and accused the government of pressuring Duke to buy hydro power from federal plants. Interior filed an intervention with the FPC.
MENTIONED IN THIS ARTICLE
Duke
Department of the Interior
South Carolina
Department
Interior
Stewart Udall
McGuire
Interior Department
Federal Power Commission
Pickens
Oconee
Mink Outsmarts Store Personnel in Salisbury
A Salisbury department store grapples with a clever mink that entered at noon and evaded capture for days. The animal avoided apple bait in a rabbit trap and manipulated a fish bait trap, prompting staff to relocate bait to the rear of the trap. They believe the mink wandered from a nearby creek six blocks away.
MENTIONED IN THIS ARTICLE
Salisbury, N.C
Salisbury
Senate debates a resolution on South Vietnam peace efforts
Senate leaders discuss a resolution authorizing the President to take all necessary steps to restore peace in South Vietnam while combat troop deployment is not yet contemplated. Johnson emphasizes authority and urgency as Javits urges congressional debate and a united national response. Secretary Rusk warns of heavier casualties and explains the open review and potential reversal of combat mission decisions.
MENTIONED IN THIS ARTICLE
South
Viet Nam
U.S
Johnson
Javits
Senate
Congress
Church
Javnts
Dean Rusk
American Foreign Service Association
United States
Rusk
AMA Opposes Medicare Nursing Home Funding Bill
The AMA warns that pending Medicare legislation affects nursing home care for the aged financed through Social Security. It plans a special session review and may take action. Nine resolutions urge doctors not to participate in Medicare or related programs, arguing the law invalidates the doctor patient relationship and could lower care quality. The association reports lobbying expenses over $950,000 in the first quarter.
MENTIONED IN THIS ARTICLE
AMA
Washington
Boys State newspaper opposes speaker ban law stance
Winston-Salem AP report says Boys Statesman the Boys State paper disagrees with the American Legion on the speaker ban law. The 1963 North Carolina law bars communists and Fifth Amendment pleaders from loyalty hearings at state schools while Bayard of Tryon supports repeal to curb left wing morale boosts.
MENTIONED IN THIS ARTICLE
Winston - Salem
Boys’ Statesman
American Legion
Legion
Boys’ State
Baye’ Suitemasa Ttamtey Saat Ig
Shel Sm
General Assembly
North Carolina Department of the American Legion
McNeely
John Bayard
Tryon
Bayard
Greensboro Man Held In Lexington on Vending Tampering
A Greensboro man was held in Lexington after a Thomasville morning arrest for tampering with a vending machine at John Hoffman's Market on S Main Street. Police recovered tools and about $10 in change from a truck seat during the probe.
MENTIONED IN THIS ARTICLE
Greensboro
Thomasville
John Hoffman
S. Main Street
Lexington
Active Term Given Driver In Randolph
Willie Frank lin Williams faced charges of running a stop sign and reckless driving from Randleman police. In Randolph County Superior Court Judge H Allen Gwyn imposed a 60 day active sentence after reviewing Williams' prior record. The defendant, a married father of two, told the judge a fresh start is hard to find once one has a court history. The judge kept Williams in the courtroom to reconsider the sentence.
MENTIONED IN THIS ARTICLE
Asheboro
Willie Franklin Williams
Randleman
Randolph County Superior Court
Superior Court
H. Allen Gwyn
Williams
Gwyn
Three Day Program by Friends at Deep River Meeting
A three day program on What My Church Means to Me begins Friday at Deep River Friends Meeting on Highway 68. Services are Friday and Saturday at 7 30 p m and Sunday at 11 a m and 2 p m. Guest speaker will be Nate.
MENTIONED IN THIS ARTICLE
Deep River Friends Meeting
Highway 68
Sony
Nate
North Carolina Veterinary Association Names New President
Winston-Salem AP reports Dr. E. S. Welton elected president of the North Carolina Veterinary Medical Association. He was inducted at the close of the annual four day meeting.
MENTIONED IN THIS ARTICLE
Winston-Salem
North Carolina Veterinary Medical Association
E. Es
Ins Welton
Two Hurt In 2 Car Collision Near Asheboro
Two people injured in a two car crash one mile east of Asheboro on US 64. Rosalie Franklin Ellington of Raleigh and her daughter Sara June Ellington 18 were in the east bound car. Ellington charged with disregarding a stop sign as her car crossed from a side road into the path of Jack Hardin White of Ramseur headed west. Damages about 200 dollars per vehicle. The mother remained in Randolph Hospital for further treatment while the daughter was treated and released.
MENTIONED IN THIS ARTICLE
Asheboro
Carl Moore
Rosalie Franklin Ellington
Raleigh
Sara June Ellington
Moore
Ramseur
Randolph Hospital
Court Holds Memorial for A I Ferree in Asheboro
Randolph County Superior Court opened late as memorial rites for A I Ferree dean of the Randolph County Bar were held at First Methodist Church. Judge H Allen Gwyn praised his long service as attorney civic leader and journalist. A further service date will be announced later.
MENTIONED IN THIS ARTICLE
Asheboro
Randolph County Superior Court
A. I. Ferree
Randolph County
First Methodist Church
Ferree
H. Allen Gwyn
Dressmaking Design Class Planned at Industrial Center
An Asheboro morning dressmaking and design class will open next Tuesday at the Industrial Education Center. Instructor Mrs. Anne B. Neely, a Flora Macdonald College graduate, will lead 12 students through beginner to tailoring, meeting Tuesdays 8:30 to 11:30 a.m. for 48 hours total.
MENTIONED IN THIS ARTICLE
Asheboro
Industrial Education Center
Anne B. Neely
Flora Macdonald College
They Look Forward To 50th Honeymoon
Burlington North Carolina AP reports Mr. and Mrs. John Riley plan a 50th honeymoon after celebrating 40 anniversaries at a Burlington hotel where they began their marriage night. He jokes he will come even if on a cane. The couple has received gifts and messages since their years at the Alamance Hotel. Forty years ago their car failed on the way to Asheville.
MENTIONED IN THIS ARTICLE
Burlington
N. C
John Riley
Riley
W.right
Durham
Alamance Hotel
Asheville
School Prayer Ruling Misunderstood Says Duke Panelist
Dr. Newton Edwards of the University of Chicago, speaking at Duke University during the School Law Conference, argues that the Supreme Court ruling against public school prayers is largely misunderstood and that public schools must be free from any special religious items.
MENTIONED IN THIS ARTICLE
Newton Edwards
University of Chicago
Edwards
Duke University
U.S. Supreme Court
Also Mentioned on This Page
High Point Enterprise
Stock Market Report
American Exchange
New York Exchange
New York Stock Exchange
ABC
Admiral i
Alum Ltd
Aicoa
Armeipw
Amph Corp
Anaton
ArmsiCk
Atchison
Avco Corp
Ico
Buiove Ie
Ve Burroughs
Ealighia
Ada York
American Stock Exchange
Motorola
ArkLa Gas
Brown Co
Chile
Nlead
Nat Steel
Colgal
NJ New
Colt Indust
Fargo
Col Gas
Norn At Gas
ComSolv
Ita Pwse
Norwch
CrowColl
Crown Cork
Penn Dixie
Penn RR la
Delta Air
Disney
Pitney Bow
Dresser
Proct&ag
duPont
RCA
East Air Lin
RalstonPur
East Rod
Eaton
Rayonier
EmerRad
Evion
Endavik
ErieLack
ReyTob
Eversharp
iRoh
Faircam
Reyccola
Fedd Corp
Safeway
Stros
Gamsk
Sinclair
GenElec
SingerCo
Gen Foods
Smithk
SOPR
Socony
Om Va GenPrec
SouthnCo
Gentei&e
South Ry
Sperry Rand Bi
Spiegel
SiBrands
Gillette
GienAid
GraceCo
Studebeker
Gulf OH
Gulf M&o 2A
Sunray
Swift Co
Tampa
Halliburt
Tenn Gas
TexEastl
jHoust
Transam
Johns Mann
US Steel
Joy Mig
Si —We Unit Whelan
Univopd
KernCld
VenadCe
Kresge
Walworth Co
Kroger
WarnLam
Wuntel
Warteest
Wilson Co
Liggett&m
Lorai
Va Zenith
Lorillard
Lukens St
Mack Trucks
McDona McKess
Mead Co
Unness
Jared
National
Amer Fidelity Life
Amer Furniture Co
Gulf Life Insurance Jefferson Stan Life
Lance, Inc
Life & Casualty Ins Li'l General Stores
Piedmont Aviation Piedmont Nat Gas
Security Life & Trust
Dow-Jones
Associated Press
Ind. Util. Fon. L
N.C
Duke Power Head
Mink
Randolph
Veterinary Assn
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