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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 08, 1966
Page
2
The New York stock market deepened losses in early afternoon trading with key stocks down fractions to over a point on a broad front. Glamour issues tumbled several points though copper price gains, steady capital spending plans, and sharp August retail sales gains offered a mixed, sometimes encouraging backdrop.
Table explains dividend rates and terms for over‑the‑counter stocks with footnotes for terms like annual dividends, stock dividends, and special payments. It notes ex-dividend dates, cash value estimates, and NASD quotations around 10:30 a.m. today, with representative inter-dealer bid/ask pricing adjustments.
Clemson University faculty chairman of athletics R. R. Ritchie confirmed a no vote on emergency legislation that would have allowed Duke, North Carolina and South Carolina to count non-conference games as ACC league contests this season. He said the vote followed directions from the Clemson athletic council at a meeting last week.
Inter-dealer prices as of about 10 30 a m today quoted by the Associated Press NASD figures show early movement in stocks. Markets shift through the day with no retail markups or commissions included.
New York AP report notes cotton futures opened without any trades, remaining inactive at the start of trading.
Middle Belt markets opened with substantial price gains over last year as general averages hit 64 to 68 per hundred pounds. In Durham the market averaged 70.69 with many grades listed between 61 and 73, and deliveries to the Flue-Cured Stabilization Corporation estimated at about 1 percent of sales.
A Alleghany County jury exonerates State Highway Patrolman J R Stutts in the shooting death of Paul Whitaker 51 of Sparta who resisted arrest on public drunkenness. Whitaker allegedly threatened with a knife when Stutts fired twice at close range with one bullet hitting the heart. Stutts 34 a decade with the patrol has served the Sparta area for six years.
Charlene Dallas Miss California won talent with Khachaturian Toccat a while Nancy Naylor Miss New Hampshire captured the swimsuit title. Nancy, 19, is a University of Colorado sophomore and aims for a diplomatic career. Her father Lt Col Harold Naylor traveled from the Philippines for the event.
Forecast calls for generally fair conditions in North Carolina through Friday with mild Friday. Cool tonight with lows 45-53 in the mountains and 54-65 elsewhere. Friday highs reach 70s in the mountains and 78-85 elsewhere. In South Carolina, mainly clear night 58-65 with Friday highs 80-85.
Frank D. O'Connor won a first ballot Democrat nomination in Buffalo as he pledges a mighty effort to unseat Gov. Nelson Rockefeller with Liberal party support led by Franklin D. Roosevelt Jr. Roosevelt joins the Liberal ticket, while Robert Kennedy introduces O'Connor at the convention as the next governor.
Governors and a national committee urge citizens to plant lawns trees shrubs and bulbs during the Oct 2 8 period marking National Spring Garden Planting Week. The Senate passed a resolution to proclaim Oct 28 each year as planting week, but the House Judiciary Committee has not acted.
The SBA Charlotte office said small businesses in Alamance Alexander Brunswick Guilford Harnett Lee Macon Martin Northampton Onslow Richmond and Scotland counties may apply for loans if they show substantial economic injury from weather hurting area farmers. Excessive rain damaged Brunswick and Onslow in June and July, triggering disaster declarations that allow aid from the Farmers Home Administration for the other ten counties.
Rival revolutionist Castro sues Frei in a push to nationalize nearly two billion dollars of U.S. property in Chile and restore ties with Cuba. Frei counters by proposing elections be held on equal terms, and invites a fair contest of reforms between Chile and Cuba.
The Chilean regime under Frei boosts copper output with foreign-owned firms while expanding housing and schools. Agrarian reform relies on government bonds to compensate landowners, avoiding forced expropriation. Frei is praised as a decisive peaceable reformer.
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