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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 19, 1965
Page
2
The document outlines interlinked terms for stock ex rights and warrants, noting ex dividend ex rights without warrants and related provisions. It references bankruptcy receivership reorganization under the Bankruptcy Act and interest equalization tax on Fareida issue, with next day delivery implications.
Senate Republican Leader Everett Dirksen planned to report on Morrissey at a GOP meeting today and would not predict a united stand against the nominee. White House press secretary Moyers answered questions briefly on withdrawal, saying initially no but later clarifying the question and response.
Jerdan and Fescue forecast explosive furniture growth in the next decade driven by rising gross national production, larger young adult population, higher family incomes, more new households, and shifting consumer demand. Population is expected to reach 229 million. the 20 to 34 age group will dominate, with millions of marriages fueling demand for furnishings and a 21 percent higher spend by 1975. Educational programs at NC State and UNC Greensboro aim to boost styling awareness as seed corn for the industry.
A brief item notes a teen named Karen experiencing a rare peweeuece event. The report emphasizes a local observer recounting the moment and the community reaction to the unusual occurrence.
A Charleston fireman Henry Fosberry 64 died after falling from a roof while battling a large fire at Stono Park Grade School. The blaze damaged about 30 percent of the building, destroyed permanent records, and forced the consideration of double sessions for the 650 pupils. Fire officials say winds up to 20 miles per hour worsened the fire, started in a secretary’s office, and it took about an hour and a half to control.
Thomasville real estate executive Dolen Bowers of Brokers Inc announced the sale of 242 acres of the Sam Wiley farm near Jamestown for about 206000. The property includes Wiley Park lands except the homeplace, with plans for residential, commercial, and potential industrial development along Highway 29 70 from Vickrey Chapel Road to Greetown Road. Development will start immediately, with two large industries eyed for nearby sites.
One person injured when a brake line failed during downhill start on Westchester Drive causing a car to roll into the street. Mrs. J Lytle of Monilieu Avenue injured with abrasions and bruises. Vehicles driven by Robert L Ellison and Betty M Smith sustained ($350 and $300) in damage. Arnold E Hash charged with red light violation and no liability insurance after crash at N Elta Street and Church Street. Raymond F Austin Jr charged with failure to reduce speed after Hamilton Street collision. Be cky O Hill rear ended by Austin. damages ($75 and $100) noted.
J Robert Jones a NC Klans grand dragon subpoenaed to testify at hearings. Investigator Appell recounts alleged Klan police interactions and maps Klan roles across states. United Klans of America active in 15 states with Shelton to testify on treasury and finances of Klans.
Quotations from the NASD show representative inter-dealer prices as of about 10 30 am today. Inter-dealer markets fluctuate through the day with prices not including retail markups markdowns or commissions.
National listing shows NASD quotations as of 10:30 a.m. Bids are representative inter-dealer prices and exclude retail markup. In Hayneville Alabama the trial of a young Ku Klux Klansman proceeds with a two cent per hour recess to allow attorneys to seek a ruling on juror inclusion while Judge Werth Thagard notes delays after Flowers argues jurors cannot render a fair verdict amid claimed prejudice from examinations.
Walter M. Sehirra and Thomas P. Stafford aim to photograph the comet from orbit if their Gemini mission proceeds as planned. NASA says the pair should view Ikeya Seki on each orbit every 90 minutes during the two day flight.
Wachovia Bank and Trust Company directors raised the quarterly dividend on its five dollar par stock by 16 2/3 percent. The new rate is 17 cents per share quarterly payable November 15 to recordholders November 1. Earnings for the quarter ended September 30 rose 15.4 percent from 1964. the annual rate becomes 70 cents. This is the seventh dividend increase in 100 years.
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