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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 06, 1966
Page
2
New York trading shows continued stock market decline with General Motors posting weak moves and prompting a fresh wave of new lows. Closing prices from the New York Stock Exchange indicate a broad afternoon downturn amid heavy trading volume.
The excerpt defines foreign issue subject to interest equalization tax or semi annual declaration and regular dividends. It notes unofficial sales figures and mentions various designations such as ex dividend, ex rights, with warrants, and when issued. It lists terms like new issue paid this year and dividends in arrears and next day delivery.
The Associated Press reports a cool front from the Midwest to New England will lower temperatures in North Carolina by Saturday. For five days temperatures are expected to run near normal with a warming trend resuming today. Highs reach the 70s in most areas while mountains see around 50s tonight.
Forecast for North and South Carolina calls for mostly warm weather through Saturday with lows in the 50s to 60s. The five day trend shows near normal temperatures with highs around the mid 70s to low 80s, cooling briefly then warming again. Expect about one half inch of rain early next week and again midweek.
A feature by Carlton Smith and Richard Putnam examines how lenders rate credit risk using a questionnaire. It notes common high scoring answers like long employment at one firm or owning a home free and clear, and hints at surprising factors behind loan approval chances.
A helicopter of the 2nd Battalion U S 173rd Airborne Brigade was shot by a sniper during a firing pass over enemy positions in front of the paratroopers.
Secretary McNamara ordered a reduction in continuous airborne alert for bombers while a full end is not planned. Defense officials say a portion of the bomber force will stay ready and the Joint Chiefs opposed the cutback. About 50 percent of the roughly 600 B52s could be affected in stages beginning January 1961.
AP dispatch says heavy U S forces and elements of the 1st Cavalry Division engaged in intense combat in central Saigon area with heavy fire and material exchange continuing as reports came in from Saigon.
Gov. Dan Moore announced a new Appalachian aid highway will run from western North Carolina toward Georgia. The project follows U.S. 64 from Franklin to south of Hayesville and uses the N.C. 69 corridor to the Georgia line. A NC Commission study along U.S. 64 from Hayesville to Franklin will precede a public hearing. A second NC commission office will open in Sylva.
Goldwater urged Fulbright to resign as foreign relations chair claiming carping talk aids enemies in Vietnam. Dewey criticized Fulbright for opposing the administration’s Vietnam stance while Fulbright warned of dangers from past empires and urged vigilance against arrogance and expansionism.
Jurors spent 14 days at Chester Castle listening to grisly details of a murder described as perverted thrills and returned to continue deliberations after a 2 hour recess.
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