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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 13, 1966
Page
2
The New York market moved higher as investors welcomed President Johnson's inflation curb program and lower rates. Brokers and bears alike urged clients to buy as blue chips and glamour stocks led a broad rise, with the averages near their best since June 1965 and up about half of yesterday's outside gain.
The stock averages show figures for industrials and utilities with noon Tuesday values and a week-ago comparison. The Associated Press bond averages list key indexes, with month and year comparisons and daily highs and lows for several sectors.
The report outlines how dividend payments and special distributions are noted in the NYSE data. It explains abbreviations such as ex-dividend and ex-distribution and details how footnotes mark irregular or nonregular payments and related taxes.
Stock listings show fractional gains for Colonial Stores Carolina Freight and others with mixed percentages. North Carolina forecasts expect rain or showers tonight and Wednesday with temperatures generally in the 70s to mid 80s and mountain lows around 54 to 60.
Quotations compiled by NASD at approximately 10 30 a m today indicate bids are representative inter dealer prices and exclude retail mark down or commissions. Ask prices reflect upward adjustment for approximate mark up with entries for Eckerd Drug Hatteras Yacht Henredon Furn Life Assurance of Carolina North Carolina Natural Gas Thermo Plastics Corp and others.
The article recalls Gemini 9 and Gemini 10 long walks with Cernan fogged visor and fuel limits while Collins was forced to end early due to low fuel. Gemini 11 saw Gordon extend a 140 minute plan and capture maneuvers with the Agena satellite as Berry reported stable health and high heart rates.
President Johnson vetoed a $90 million rise in government employee insurance benefits, calling it inflationary and incompatible with restraint. The veto came as Republicans prepared to question Budget Director Schultze during hearings, after Treasury Secretary Fowler and Commerce Secretary Connor presented the administration plan.
Waves of American bombers pounded North Vietnam in the war’s biggest aerial assault to date with 170 missions. Air crews reported 400 to 500 strikes on ground targets, destroying two Soviet missiles and damaging missile sites near Dong Hoi and Vinh while one F105 went down and the pilot remained missing.
Gov. Carl E. Sanders orders the adjutant general to alert the National Guard and calls 100 state troopers to Atlanta amid rioting after a church gathering. Police restore order as two fires are fought and a fatal shooting of a teen, Herbert Warner, is linked to the unrest. SNCC and SCLC leaders clash over responsibility.
Highway Patrol continues probe into a three car crash on U.S. 311 south of N C 66 that killed Thurman Leo Davis 45 of W Lexington Ave High Point Davis worked at Adams Millis Corp Kernersville Culler 18 of Kernersville drove southbound and collided with Daviss car Barbara Walser 17 and William Charles Gibson 22 were injured Officials considered a reckless driving charge against Culler before Daviss death and resumed the investigation
Eyewitness accounts describe widespread pressure in Canton as Red Guards harshly discipline locals. Reports claim private doctors face scrutiny, teahouses are restricted, and a Cantonese opera star was assaulted over political beliefs. Moslems flee north after purges, while a man humiliated in public learns a stern lesson about opposing the cultural revolution.
Dow Jones report from New York states cotton futures opened quiet with no actual trades registered. The brief market note records no price moves or confirmed transactions as traders await clearer signals.
In Grenada Mississippi a large white mob attacked Black students on school grounds and nearby streets. Police and highway patrol finally escorted groups of Black youths to safety while journalists faced intimidation. Several teens were hospitalized after injuries amid a tense standoff.
A Raleigh man, Andrew E. Johnson, was killed when his whiskey truck collided head on with an empty chemical fuel tanker on U.S. 262 near Walstonburg. The crash caused extensive fire damage valued at about $48,000. Edward Cabes suffered injuries and was trapped two hours under his tanker. Patrolman L. McCullen sustained minor burns as workers freed Cabes. traffic was halted about an hour.
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