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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 09, 1966
Page
2
American cglobal and Texas Gulf Sulphur faced a mixed session with Gulf Sulphur sliding on insider trading trial start. Declines also hit United Air Lines Boeing and Eastern Air Lines while a string of stock terms and dividend ex dates appeared in the market wrap.
Thomasville AP report states Gailford College holds the top seed in the Carolinas Conference baseball tournament opening Thursday at Finch Field. Defending champion Pfeiffer and High Point, with records around 13-4, are in the mix as the field draws up to determine a spot in the upcoming rounds.
The House faces an omnibus appropriation bill financing two Johnson pet programs the National Teacher Corps and the rent subsidy program The bill totals 2 71 billion and covers funding through June 30 It includes 9 6 million for the Teacher Corps and 100 000 for the rent subsidy with 12 million in contracts and 900 000 earmarked for rent program administration through contracts later dates uncertain
Emsley A. Laney, Wilmington banker, elected president at the North Carolina Bankers Association 70th annual convention in Pinehurst. New officers include W. C. Barrett first vice president, J. Paul Ford second vice president, Hubert W. Laffier treasurer. Re-elected are J. Ruffin Bailey and Harry Gatton. Willard C. Rappleye Jr. spoke. Archie K. Davis set to address delegates. About 1,000 bankers and guests attend through Tuesday night.
Senate hearing clashed over the legality and aims of U S action in Southeast Asia as Secretary Rusk defended U S policy. Senator Morse, a Vietnam critic, pressed for a full public record to inform voters before the 1966 elections while Ky’s future in power was questioned amid evidence about his long tenure.
AP report from Hong Kong says one of the last three Korean war turncoats still in Red China is on his way home. Ringo Adams of Memphis did not reach the Hong Kong border as predicted but U S authorities expect him this week with his Chinese wife and two children. The other two turncoats are Howard Adams and James Veneris. Twenty one American servicemen chose to stay with their captors after the war. Morris Wills, who returned Oct 19 1965, said the remaining three were expected to come out in 1986.
Secretary of State Dean Rusk rebutted accusations by Fulbright of misdeeds by U S personnel in Vietnam calling them unfair and inaccurate He also dismissed CBS commentator Arthur Schlesingers claim that Johnson lacks judgment and is not in personal control of his government Rusk accused Schlesinger of not being an Asia expert and noted his minimal prior role in Asian affairs.
Greensboro defeated High Point 6 3 in a Piedmont Tennis League match. Singles results include Norman Dartard G over Jen Machlin 6 1 6 ? and Charlie Lambeth BP over Jim Sharpless 6 3 7 5. Doubles featured Sharpless Alfred G over Bodie Lambeth 6 1 7 5 and Chidester Machlin Hey over Carringan Robinson 6 4. Lam bert Westergaard G beat Hughes Hearne 3 6 6 1.
The institute regrets the deaths of Mr. Allen and Mr. Griffith noting the method was highly experimental and unproven. Spokesmen say knowledge gained benefited cancer research though the surgery was performed too late. Allen, a former University of Illinois football player, left a widow with two sons and a daughter.
UNC trustees appoint Dr. J Carlyle Sitterson chancellor at Chapel Hill after an acting tenure of three months. He succeeds Dr. Paul F Sharp who left to lead Drake University. Friday praised Sitterson as a courageous leader and defender of learning while Crew called him a tower of strength to the university.
New York report states R J Reynolds Tobacco Co raised wholesale prices on all cigarette brands effective today. Regular size cigarettes move from 3.00 to 9.00 per thousand, king size from 9.00 to 9.20. Company keeps 2 percent cash discount. aligns with other firms afterMarch rollback.
Western analysts doubt China has a meaningful delivery system despite reports of testing in Sinkiang near the Soviet border. Observers note China would need modern bombers or rockets and a larger stockpile. experts like Teller forecast hydrogen bombs and long range delivery within five to ten years. Defense officials caution range may reach 500 to 700 miles soon, posing regional threats.
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