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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 01, 1967
Page
2
The New York stock market slipped modestly in active trading as losses outpaced advances amid profit taking after a recent streak of gains. Brokers cited war escalation fears and mixed signals, though higher home appliance prices and rising U S gold stocks offered some bullish notes.
AP reports Noon Stock Exchange index figures with declines and a dense list of footnotes explaining dividend types and stock actions for 1964 1965 and related terms including ex dividend rights and special payments.
Report describes ongoing Marine and Army artillery actions near Khe Sanh six miles northwest of the Laotian border. In the air war, a Phantom forced a MIG17 down during a dog fight southwest of Hanoi as eight F4Cs from Da Nang faced eight MIGs. Casualties include one Marine killed and multiple wounded as forces hold Hill 881 South and approach Hill 881 North amid bombardments.
Gilmer, Texas authorities report Jerry Hadaway 16 confessed to shooting his parents Dale and Dorothy Hadaway and grandfather Earnest Hadaway with a shotgun after a family row. Bodies found buried in a pasture near their East Texas farm seven miles southwest of Gilmer. Dist. Atty. Lowell Holt charged Hadaway with murder and he is held without bond. Trial timing pending juvenile or adult status after his 17th birthday in August.
A compact AP data row shows noon figures for stock and bond averages including current levels, prior day values, week and month variations, and 1967 highs and lows. The display lists multiple securities with varied numeric readings and one line of percentage changes.
A 10 member advisory panel led by Dr. Carl W. Gottschalk will assess the federal program supplying artificial kidneys. Officials aim to decide whether to expand, modify, or end federal ownership and operation as costs exceed a billion dollars annually in the long term.
Andrei Grechko opened the May Day ceremony in Red Square with standard Soviet accusations against the United States West Germany and Red China. The parade showed 330 weapons with no new models and observers expect a major display on November 7. Brezhnev and Kosygin attended as Grechko blamed imperialists for Vietnam while China protested.
Chrysler vice president Byron J. Nichols told the North Carolina Automobile Dealers Association that the first 20 days of April saw new car sales more than double the same period in the prior four years. He cited money supply, lower interest rates, tax credits, highway funds, tax refunds and stock market gains as factors behind the surge and predicted a 10 million car year by 1970 and 13 million by 1980.
The agency said Hanoi’s atmosphere was seething with fighting spirit. In Havana Fidel Castro will oversee May Day speeches with Maj. Juan Almeida Bosque delivering the key address, marking the first time Castro did not speak at the event since taking power.
Peter Murton’s taxi office in Barnard Castle saw two armchairs disappear after he left for a call. He posted a local ad asking the thieves to return the sofa, then found it missing again upon his return that night.
Coyt Benfield age 37 has spent two years jailed for civil contempt over $26 weekly child support dispute. Judge Gwynn on motion docket could hear his case during this week to decide paternity and support obligations. Benfield ended a hunger strike after breakfast today and remains jailed with limited privileges pending ruling.
A one week strike by Cone Mills workers in Greensboro Reidsville Gibsonville Salisbury and Haw River drew 70 to 75 percent effectiveness as union officials claim unfair labor practices and bargaining failures. Over 75 college students joined pickets from Duke UNC Chapel Hill UNC Greensboro Guilford Livingstone A and Davidson colleges amid reports of workload and pay changes.
North Carolina sees variable clouds with scattered showers and thundershowers mainly in the mountains tonight and over the west Tuesday. warm with lows 50s to 60s. South Carolina remains partly cloudy and warm with widely scattered thundershowers northwest tonight and Tuesday. lows in 60s. Georgia stays warm with variable clouds and showers and thundershowers Tuesday. highs 77 to 85 and tonight’s lows 55 to 65.
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