Turbulent Markets Narrowly Slump as Tin-Steel News Echoes
The exchange session showed a scrambled market with slight declines in major averages while steel shares rose on news of a U.S. price boost for tin plated steel.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 13, 1965
Page
2
The exchange session showed a scrambled market with slight declines in major averages while steel shares rose on news of a U.S. price boost for tin plated steel.
The text explains dividends as annual disbursements based on the last quarter and defines footnotes for various payment forms. It lists indicators for stock dividends, cash values, ex-dividend dates, arrears, and special classifications like rights or warrants, clarifying tax and timing implications.
Charleston County sheriff James Clay said a tip led to the arrest of a man tied to a daytime robbery. The suspect, Wright, was arraigned on firearms charges after police traced a motel sighting and released a composite sketch to agencies across several states.
Senate Leader Mike Mansfield shelved a bill to repeal state authority to ban the union shop. Opponents had the upper hand, spelling defeat for organized labor and for President Johnson who named it a top priority. Senator Pat McNamara said he expects revival next year.
A historical reminiscence notes Morissey’s admission to the bar in 1933, highlighting early legal career milestones and the era’s professional environment.
The board will hear two cases on the docket tomorrow. One concerns a permit for living quarters and the other requests approval related to a building on E Fairfield Road between Ranch Drive, including an existing truck and equipment garage in a residential district.
Charles B. Loflin of High Point ends his term as president of the Mid-Atlantic Circulation Managers Assn. Loflin serves as circulation manager of The Enterprise.
Fragments describe families separated by Cuba and the United States seeking to reunite as exit avenues remain blocked and political restrictions ease. The text hints at a government stance affecting travel and family reunions.
President Johnson shows improved mobility after gall bladder surgery as he rests in bed and reads reports. Dr Willis returns home to Atlanta while Dr Hurst completes duties at Emory. Reynolds of Wisconsin will be nominated to a federal district judgeship, succeeding the retired Grubb.
The 205th dental unit, led by Adj. Gen. Claude T. Bowers, attended a briefing in Washington. North Carolina's 30th Infantry Division remains a high priority, not placed in the new readiness reserve as it will be redesignated as a mechanized division soon.
Five week-old Sonia Reed was found dead in the front seat of her family's car ten hours after it was stolen while her mother shopped for groceries. The infant, dressed in a pink gown and booties, was located near the grocery store parking lot. Police said the child likely died from exposure with evening temperatures in the mid 60s.
A case of issuing a worthless check against Carolin Patterson was not pressed by Municipal Court Solicitor Rossie Gardner. He found the $5 check had been paid and no charges would be brought by the state, dropping the case from the docket.
Robert P. Holding Jr. announces a Guilford County local committee to coordinate educational arts for the $300 million road bond issue. The plan aims to fund more than three fourths of the state's road needs in five years without tax increases. Voting on Nov 2 will push benefits to every citizen.
The High Point Optimist Club hosted a father and son outing featuring a hot dog supper and a film. Guests included Clarence Koonce and James Bolton along with Farmers Dairy Little League team members. the club contributes coaching staff to the boys program. The next meeting is at the Sheraton Hotel on Tuesday at 6 45 p m with a High Point College presentation titled The Golden Decade.
A two vehicle crash at 5 p.m. charged Mary Rorie of Cliffside Street with stop sign violation and James Edward Chapman 26 of Trinity with exceeding safe speed. Estimated damage 650 dollars. A separate 4 45 p.m. three car crash on N Main Street led to Freda Stroud of Westchester Drive charged with failure to stop and Richard Dale Poin dexter 33 of Rural Hall with a charge. No injuries reported. damages about 300 dollars.
Fire trucks rushed to two alarms but no serious fires occurred. At 2:18 a.m. firemen answered a smoke and flood issue at 73 Clinton St the Wayne Bryson residence due to an overheated oil circulator. A 5:41 a.m. truck fire at Main and Westwood was reported but found minor on arrival. A 6:20 p.m. check at Linda Wood’s Wes ley Place home found a defective light switch with no fire.
Report says McCormick, 22, of Furlough Street faced a $50 bond after a deadly weapon charge. James Truesdale, 19, of Hunter Court was held on a $50 bond. Charles Marion Collins Suggs of Fairlane Drive involved. police action yielded few arrests and no serious felonies.
A 12 member jury was completed with two alternates to hear Frank Rinaldi accused of killing his wife in 1963. Judge George Fountain ordered alternates as the trial is expected to be lengthy. Rinaldi previously was convicted of first degree murder before a new trial was granted.
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