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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 18, 1966
Page
2
The Dow Jones Industrial Average stood around 736.69 at noon, up 7.80 points amid a modest rally. Carnation and Soliton Devices led gains of about a point, with Syntex White Corp Okie Insurance and Norfolk Southern Railway posting fractional advances.
New York AP report lists selected stock fractions on the OA Stock Exchange with noon prices. The items show various stock values and trading activity across multiple issues as of midday.
Fragmentary OCR reading lists percentages and product names including Studebaker Sun Club Sunray Swift Tampa Xerox Zenith with multiple percentages and codes. The passage ends stating numbers and a note Copyrighted by The Associated Press and that figures are unofficial.
A fragmented note references New York stock index topics and discussions of receivership and equalization tax impacts. It mentions sales in full and potential implications for market activity.
National List quotes compiled by the NASD at about 10 30 a m today show bids as representative inter dealer prices without retail markdowns or commissions. Ask prices have been adjusted upward to include approximate mark up.
Washington congressman says 1963 post office ban on door to door delivery for some areas is revoked and a three step plan will restore service. Postmaster General Lawrence O'Brien directs local postmasters to tailor delivery locally with budget and regional director input. Improvements start this fiscal year for urban and suburban areas while rural and isolated homes remain curbline.
The Melbourne Sun dedicates half its front page to an autographed portrait of President Johnson given to a Melbourne singer in 1942. The photo came via radio from Mrs Goldman of New York City after White House reporters teased the President about a dark haired girl on a park bench.
A group of housewives met Johnson at Lady Mabel Brookes home and praised his charm while discussing price cuts. Business was slow Monday though Miller’s chain ran ads for discounts on canned goods frozen foods and cleaning supplies. The women urged restricting shopping to stores that do not use stamps or similar merchandising to lower costs.
The forecast calls for rain across North Carolina with heavier showers and winds in the mountains. Expect wet conditions tonight into Wednesday with possible accumulation in western zones and unsettled skies elsewhere.
Reports from Saigon say Viet Cong attacks spiked with mines bombs and hazardous devices causing at least eight deaths and 62 injuries including five U S servicemen. U S air missions resumed along the eastern DMZ while B 52 strikes targeted suspected Viet Cong bases near the Cambodian border amid monsoon rain.
Wachovia Bank promotes Albert R. Wilson to vice president and Joseph N. Wallwork to assistant vice president following the quarterly directors meeting. Directors also approved merging Wachovia with First National Bank of Morganton and elected Edward T. Shipley and James H. Styers as new directors. A 20 cent quarterly dividend was declared payable Nov. 15 to shareholders of record Nov. 1.
Loren E. Bollinger, 40, an Ohio State University rocket scientist, was slain in a small room of his downtown office last May. Police said investigators are exploring a possible accomplice as they pursue leads and suspect no discounting of foul play.
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