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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 16, 1966
Page
2
New York AP reports a strong stock market rally in active trading after noon following President Johnson's successful throat surgery. Doctors say the polyp removed was not malignant.
A list of notable NYSE transactions around 1 30 p m shows activity across key stocks and markets with traders noting price movements and volume. Names of firms and specific stock tickers are listed to reflect trading today.
Erie Lackawanna and Ethyicorp appear among noon stock quotes. The list explains dividend designations and ex dividend terms with multiple footnotes and indicators for stock dividends, splits, and special distributions.
The Dow Jones averages are credited to the Associated Press in 1966. The brief item notes quarterly financial data and general market mood without specific index values or company names.
Moyers reports President Johnson’s surgery ended successfully after 53 minutes with no cancer detected. Johnson awoke from anesthesia within 15 minutes and began to inquire about the full details, signaling continued recovery steps.
Italian leaders describe the disaster as nearly incalculable in scope. On November 9 the government ordered a 47 billion lire emergency appropriation and a gasoline tax to fund relief through 1968. Premier Aldo Moro warned of austerity as estimates reach 2.5 billion, with vast damage to industry, livestock, wine regions, shops, hotels, tourism, and art. About 1,300 masterpieces damaged in Florence and 900 of top rank.
President Johnson has bursitis in his shoulder, described as bursitis without calcium. Doctors say the condition, diagnosed Tuesday, is the least painful form and will be treated with heat and other therapies. X-ray may be used to check for calcium deposits, but there is no evidence of gout or rheumatoid arthritis.
A dawn collision near Olinda station left 38 dead and over 200 injured when a Rio bound commuter train struck a passenger train. Police counted 30 bodies at an improvised morgue. officials said eight more died in hospitals.
A predawn blaze aboard the Varsity Theater in Chapel Hill, North Carolina, destroyed the building while water and flames damaged City Optical Co and Jeff's Confectionary. No injuries were reported. six residents were awakened by Officer Ross Penny and escaped unharmed. An elderly basement resident also fled. The cause remained undetermined.
The Army reports Cpl Charles M Goude has been killed in action in Vietnam. He is the son of Mr M Goude of Laurinburg.
The Pacific Stock Exchange in San Francisco opens at 7 a.m. to align its workday with the New York Exchange. This operation aims to harmonize trading hours across major markets and facilitate national market activity.
Samuel H. Sheppard's retrial moved to the jury as seven men and five women began consideration of verdict options. The judge told jurors they could convict of second degree murder, convict of first degree manslaughter, or acquit, with life, 1 to 20 years, or freedom as possible sentences.
Governor elect Reagan urges reliance on local governments and the people to solve state issues. He vows to curb superfederal power, empower city and county governments, and seek private sector help, citing Watts jobs programs and plans for tax structure revision.
New York AP report notes cotton futures opened with dried trading activity and no trades registered on the first session.
The North Carolina Farm Bureau unanimously approved certs and sale measures opposing a tax on processed tobacco products at a four day Charlotte meeting. Delegates discussed daylight saving time but took no stand. B C Mangum was elected to his ninth term as president with Bryant, Whisnant and Simmons named vice presidents. Corpening cited NC agribusiness value and state manufacturing rank as key economic context.
Forecast shows sunny and fair conditions across both states this afternoon with cooler nights. Thursday brings a slight warmup with highs in the 64 to 73 range. Extended outlook indicates a 3 to 10 degree rise above normal into early next week with minimal precipitation and a gradual cooling trend by week’s end.
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