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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 13, 1967
Page
2
The market settled irregularly lower in moderate volume with many stocks giving up small gains and some volatile issues losing 2 or 3 points. Major movers included several strong performers from last week slipping in early afternoon trading in New York.
Market data from the New York Stock Exchange with figures and footnotes explaining dividend types. The table notes include annual disbursement references, stock dividends, liquidations, and various ex rights or ex dividend cases for 1966 and 1967.
Guilford Technical Institute trustees may seek a hearing before the Guilford county delegation to discuss upgrading the school from a technical institute to a two-year community college. The March meeting at the school will decide whether to push the bid with state officials in Raleigh and amid budget questions.
Mostly cloudy conditions with rain and scattered showers across North Carolina and South Carolina tonight through Wednesday. Temperatures will rise Tuesday with highs mainly in the 60s to 80s and lows mostly in the 40s to 60s, with cooler spells in the mountains and near the coast. Total precipitation expected from quarter to three quarters of an inch as showers and thunderstorms occur.
McDonalds Corp has declared a two percent stock dividend the first in the companys history. The dividend shares will be distributed on April 10 to stockholders of record on March 20. Purchase and sale order forms will be distributed in lieu of fractional shares with options to sell for cash or purchase the necessary fraction to complete a full share.
Clarence Lambeth and Carolina Springer are named as the new secretary and assistant secretary of the Association of Innerspring Manufacturers. The A I M comprises major spring producers serving the bedding furniture and automotive markets.
The Greens boro Area Chapter of the Society for Advancement of Management hosts a dinner meeting at Howard Johnson's Lamplighter Room on Interstate 85 Greensboro with topics Budgeting and Cost led by Bob Gandy Capital Projects led by Jack Markley Industrial Engineering led by Alex Brown Staff Functions led by Ralph Gurley and Arbitration led by Ross Groshong. Open to non members.
Indira Gandhi is sworn in for a five year term as prime minister of India. Morarji Desai becomes deputy prime minister and finance minister. Radhakrishnan administers oath to 17 ministers as Congress party faces food shortages and economic crisis.
Governor Moore says he has only seen education board recommendations in newspapers. He will withhold judgment until the board spells out the dollars and cents. He defends a “good, sound, attainable” budget and expects no major revenue gains for the next biennium.
President Johnson plans a Guam session with Top officials including Rusk McNamara Lodge and Westmoreland to dramatize U S commitment to South Vietnam. Advance notes say no major policy shift but emphasis on military pressure and development aid.
Mrs. Lyndon B. Johnson will tour Canada Township schools in western North Carolina as part of the National Teacher up program. She will inspect remedial reading classes, attend a library dedication at Western Carolina College, and meet with local officials and newsmen in Asheville before traveling to Nashville.
Paris AP reports French voters damaged President Charles de Gaulles prestige and produced a fragile majority in the National Assembly. With 2 of 487 seats undecided, interior tallies showed Gaullist candidates with 243 to 244 seats while opposition ranged 241 to 242. One Tahiti seat and a Somaliland seat await decisions next Sunday.
New York Medical College researchers report men reach peak testosterone levels at morning awakening, up to 40 percent higher than midnight readings. The 24 hour rhythm may affect cancer treatment timing and understanding of hormonal factors in uterus, breast, ovary, and prostate cancers.
The Dow Jones averages show varied movement with multiple bond and rail figures listed. Notable entries include higher grade rails at 74.9, second grade rails at 84.03, public utilities at 83.97, and industrials at 88.72 with small percentage changes.
A Greensboro ad invites men and women aged 17 to 45 with no experience to train as computer programmers using IBM equipment. It promises no mathematical training needed, free machine time, and nationwide placement assistance after certification. Contact Electronic Computer Programming Institute at Wachovia Building Greensboro NC or call 275-0808 Ext. 6.
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