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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 03, 1967
Page
2
The AP reports a steady stock market with fractional moves in a consolidation phase after a strong April rally. The 60-stock average rose to 325.9 and the Dow to 893.32 as gains outpaced losses. Royal Dutch edged higher on first quarter earnings.
The article lists footnotes for dividend rates in the New York Stock Index table. It defines footnote letters from a to vi and their meanings such as regular, extra, stock dividends, liquidating dividends, ex dividend and ex rights, and other special conditions including new issues and bankruptcy status.
Forecast covers North and South Carolina with cool tonight and scattered frost risk in the mountains. Lows 35 to 42 in the mountains and 40s elsewhere. Thursday brings more clouds and a chance of rain in the mountains late afternoon. Highs 60 to 65 in the mountains and north coast and 63 to 73 elsewhere. Temperatures Thursday through Monday will average near to slightly below normal with scattered showers possible Friday and again Sunday or Monday.
In an incident at the California Assembly, a mob of about 50 Black Panthers, reporters, and cameramen rushed the chamber gates. Gates sergeant-at-arms Jim Rooney was knocked aside, while Speaker Pro Tem Carlos Bee condemned the breach and urged identity passes for floor access. Assemblyman Don Mulford called the event shocking and an attempt to coerce him over gun control legislation.
Cotton futures opened quietly in New York with only two actual trades recorded. The May contract moved between 21.90 and 22.40 cents per pound, with subsequent quotes showing similar narrow ranges and steady activity.
Fox Advertising of High Point won a first place gold award at the Piedmont Triangle Advertising Club contest in Greensboro. The firm earned the honor for its color Hatteras Yacht Co. campaign in consumer magazines. Entries came from Greensboro High Point Winston Salem and Raleigh.
The North Carolina Lutheran Synod at its Concord convention asked for an annual one week leave of absence for pastors to pursue scholarly studies and for continued support of Lutheran Service Centers despite a national funding cut. The body elected leaders, adopted a 1968 budget of 1.342 million dollars with a 4 percent increase, and selected trustees, delegates, and the executive board for the synod and affiliated institutions.
The majority of U.S. forest fires stem from arsonists followed by debris burning and careless smoking, in that order, according to a summary of incident data.
The House Education Committee approved a 1 million dollar appropriation to continue the North Carolina Advancement School and place it under the state Board of Education. The bill creates a board of governors to guide policy with final decisions by the state board.
LBJ signs emergency legislation extending the current strike moratorium by 47 days. Reporters question potential troop movements to Vietnam as Johnson reviews force structure. He says no recommendations now and European force decisions are separate from Southeast Asia. He declines to predict Hanoi’s timing for 1968.
Veteran detective C. E. Pearce was demoted from sergeant to patrolman for insubordination. Detective Lt. W. L. Crisco and Capt. John Staley received demerits for not reporting the misconduct. The 60 day suspension and demotion were announced in a memo from the Chief of Police. Pearce reportedly told Crisco he had no backbone.
The Baltimore Bullets drafted Earl Monroe the prior season high scorer and Little All-America after Detroit selected All-American Jimmy Walker as the No 1 pick in the NBA college draft. Monroe signed with Baltimore, a 6 foot 3 guard from Winston-Salem State who averaged 41.5 points per game last season to lead the Small College Division.
Cynthia Epstein, a Barnard College teacher and Columbia sociologist, told the Equal Employment Opportunity Commission that state protective laws for women block access to full occupations. She argued such laws are illegal, immoral and socially destructive and drew strong applause from an audience of about 100. Epstein was among 25 witnesses urging repeal of state protections that she says promote job discrimination.
An estimate indicates that the average sugar sheet acre yields about 3,500 pounds of granulated sugar.
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