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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 25, 1965
Page
2
In New York the stock market halted a decline and moved above a support level seen last December. Despite more losers than winners overall the indices recovered from a midday slide and finished the session with a firmer tone.
Unofficial sales figures and dividend rates are listed as footnotes. The AP table explains ex dividend marks and special payments, with notes on stock splits warrants and next day distributions.
New York AP reports domestic cotton futures opened with no trades registered today, signaling a quiet start for the market.
The report notes Charles E. Crafts of North Jay Maine is missing after an action tied to Harold George described as an aggressor with a history of crimes.
Early trading shows the Dow Jones averages higher with gains across stocks and bonds. Rail shares advance as investors weigh economic signals and bonds drift but stay firm.
Eckerd Drugs Inc announces an initial offering of 350000 shares of common stock. Merrill Lynch and Dickson & Co head the group. The firm operates 39 drug stores across North Carolina South Carolina Georgia and Tennessee. Net sales for 53 weeks ended April 3 1965 totaled 29050004 with net income 11265 after preferred dividends.
For the six months ending May 31, Drexel posted profits of 2,123,661 dollars or 1.49 a share. Sales reached 355,923 dollars, up from 535,962 in the prior period. The period's profit rose 2 percent from 1,670,310 dollars or 1.17 a share in 1964.
A UNC assistant professor and his family, missing after a reported plane disappearance, were found safe in Norman Oklahoma. The group appeared unharmed, and authorities confirmed their safe arrival.
The article notes that only a small percentage of South Carolina school districts have completed consultations with the department and that the new fiscal year may begin before administrative action is finished. It highlights widespread delays and references districts already approved for compliance.
An aircraft crashed during a light mist under a low overcast, striking near a crest and creating a crater before the fuselage and tail separated. Details incomplete due to fragmented OCR.
In Kansas City President Johnson met with Harry S. Truman on the U N’s 20th birthday. They discussed Viet Nam and the Dominican Republic and recalled Truman’s historic acts. Johnson then walked with Truman and prepared to address U N ceremonies in San Francisco.
Paratroopers advance amid flooded paddies as wounded soldiers are evacuated by helicopter. They pursue a sniper but encounter an abandoned machinegun position, empty cartridges, and prints of bare feet. Rice hidden in bags reveals former rich fields now overrun by Viet Cong and abandoned due to conflict.
In Goldsboro North Carolina 71 year old Carrie Ha i and 72 year old widow Mrs James Williford will still receive 22 dollar monthly welfare checks while keeping telephones and televisions after Wayne County Welfare Board rescinded a rule banning such items. 85 year old Gertrude Weil criticized the reversal as failing to consider human impact and 750 residents signed a petition against the policy shift.
APNews dispatch on turmoil at the Republican National Committee with William Cody Kelly denying he was fired while accusing party chief Ray C Bliss of a rushed resignation. The dispute centers on a desk raid, missing donor lists, and films amid internal power struggles.
CHARLOTTE AP reports GOP state leaders discuss retiring chairman Saxon who yet lacks a successor. Saxon notes many capable, signals willingness to comment on some state and national issues, praises General Assembly Republicans, and cites varying views on Barry Goldwater and South Carolina politics.
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