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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 02, 1967
Page
2
In New York the stock market showed an inconclusive midday path with gainers outnumbering decliners about 3 to 2. Key issues moved in fractional steps though some rose or fell by about a point while nonferrous metals and drugs advanced and motors rubbers and building materials declined.
The text lists a series of footnote codes related to dividend types and stock actions used in the New York Stock Index. It defines terms such as annual dividends, stock dividends, ex-dividend status, and various special cases including warrants, rights, and bankruptcies, with letters mapping to each condition.
In New York Cotton futures opened quietly with no actual trades registered, market activity subdued as traders waited for clearer signals.
The report tallies 3 U S Air Force F105 Thunderchiefs shot down during raids over North Vietnam with 4 crewmen missing, bringing total American losses to 528 planes. US command did not confirm day losses despite Hanoi claims of MIG kills and Chinese claims of downed planes.
NASD inter-dealer quotations as of about 10 30 a m today reflect representative prices. Markets in over-the-counter trading shift during the day with no retail markup or commissions included in the figures.
Washington reports annual snowfall varying from five inches on the coast to as much as 600 inches on the southern slopes of Mt. Rainier, highlighting wide regional differences in winter precipitation.
Dr Herbert F Marco president of Guilford Technical Institute spoke to the Exchange Club of High Point on Monday night. He described current courses and potential additions if the institute became a community college noting that technical subjects would remain unchanged and that state financial grants could be obtained.
Southern Railway Co and subsidiaries show consolidated 1966 revenues of 474,368,000 up from 453,127,000 in 1965. Net income for 1966 was 39,139,000 or 5.44 per share, compared with 30,114,000 or 4.10 per share in 1965.
W Roland Albertson district manager for Massachusetts Mutual Life Insurance Co High Point office attends a five day leaders conference in Boca Raton Florida representing the company and district.
Jefferson Standard Life Insurance Co. declares a quarterly dividend of 20 cents a share payable May 26 to stockholders of record May 12. First quarter sales exceed 101.25 million dollars, a regional record, up over 6.4 million versus 1966. Ordinary life insurance in force tops 3.022 billion dollars as of March 31.
New York AP reports R John Hughes of the Christian Science Monitor won the 1967 Pulitzer for international reporting after a jury favored Harrison Salisbury of the New York Times. The advisory board overruled 4-1 and 6-5 votes, citing missing casualty source data. Columbia trustees backed Hughes for Indonesia coup and purges coverage.
Two Moore County lawmakers seek to make Pinehurst Southern Pines and nearby townships a local test area for liquor by the drink if a statewide bill fails. The proposal mirrors state plans and would require licenses, taxes, and county municipality sharing, with votes by local residents to decide.
British police chase leads across airports and ships after a gas gun raid on a London bullion truck. thieves seized 140 bars worth 2.1 million dollars, wounding two guards and vanishing within moments. Interpol alerted worldwide as insurers issue a 140000 reward for suspects and recovery.
AP reports Miss Elizabeth Hutton a Jesse Wharton School second grade teacher in Greensboro is hospitalized with meningococcal meningitis. Health officials say precautions are taken and there is no cause for alarm as close contacts receive sulfa treatment and the case remains isolated to Guilford County.
A member of the five man panel affirmed his support for the majority vote in favor of Salisbury.
The Senate Propositions and Grievances Committee unanimously approved a bill to curb glue sniffing. The measure would ban use possession or sale of glues and vapors that intoxicate, with SBI chemist noting common glue dangers from benzine. The panel also backed a bill to ban transporting opened beer and wine in cars and approved referendums on ABC liquor stores in Sylva Siler City and Robeson County municipalities.
Forecast for North Carolina and South Carolina: partial cloudiness with scattered showers and thundershowers mainly in the eastern areas. Cooler nights with lows from the 40s in the mountains to around 60 along the coast. Wednesday brings cooler daytime highs in the 60s to 80s and a chance of coastal morning showers.
Elvis Presley and Priscilla Beaulieu wed in Las Vegas after meeting in Germany when he was a soldier. The couple, aged 32 and 21, honeymooned in Palm Springs and then returned to their hillside home. Nevada Supreme Court Justice David Zenoff officiated.
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