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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 29, 1967
Page
2
The American Exchange in New York reported a weaker market in active midday trading with the number of advancing issues shrinking from about 200 to roughly 90 while declines narrowed, signaling a softer session.
The Associated Press reports New York Exchange afternoon prices showing varied gains and declines across sectors. Among notable movers are American Stock Firesine, Royal Dutch, and Dow components with several blue chips and utilities posting changes.
The AP reports at noon the New York Stock Exchange Index shows ongoing activity with notes on dividends ex distribution dates and stock dividend implications for 1966. The market summary discusses declared or paid actions and related distributions amid an uneven year for equities.
Morton amid coastal population notes in South Vietnam. seeks near term talks with Hanoi. He backs Johnson on war but shifted stance in months. Dirksen faced critics like Case Javits Percy Brooke as Morton calls for a Vietnam platform before August convention. He praises Dirksen as a top legislative figure and predicts no clash with the minority leader.
Dr W Kirk Allen Jr pastor of First Presbyterian Church was guest speaker at yesterday’s Rotary Club meeting. He recalled his Kingsport tenure and urged Rotary as a bridge builder between people, communities, and nations. ED Pleasants moderated with Detective B T White named August Police Officer of the Month as a special guest.
Robert R. Horney secretary of the Southern Furniture Manufacturers Assn. completed a course in management principles at the Institute for Organization Management. The certificate makes him eligible for advanced studies in the second three year sequence. He attended three one week sessions at Syracuse and Michigan State. The program is run by the Chamber in Magee with six co sponsors.
Teachers resumed classes after a 14 day walkout while some community leaders blocked a union official. AFL-CIO United Federation of Teachers approved a 135 million dollar contract with the Board of Education, easing class disruptions and addressing pay and reforms.
North Carolina and South Carolina face frost warnings in the mountains with clear to partly cloudy skies and much cooler temperatures. Lows range from the low 30s in the mountains to the mid 40s along the coast, while Georgia sees mostly fair and unseasonably cool weather with scattered frost in the north. The five day outlook calls for well below normal temperatures, with highs mostly in the 50s to 60s in the mountains and 68 to 76 elsewhere, and precipitation totaling about one third inch mainly near the coast.
U S command reports fresh air raids on Haiphong as navy planes strike 16 antiaircraft and missile sites and hit a southwest rail and road bridge. Ground fighting widens in northern South Vietnam with 72 Communist soldiers killed while a U S patrol boat is ambushed in the Mekong Delta.
Washington AP reports a partisan clash over federal spending likely to end with a lean 10 day financing bill. Congress debates whether to direct further cuts or let Johnson decide. Republicans press for a $5 billion slash while Treasury officials anticipate payrolls continuing on current funds until mid October.
Tropical storm Edith, stalled over warm Atlantic waters, began drifting toward the Lesser Antilles. A hurricane watch was in effect for Dominica and the Leeward Islands as Edith moves west at about five miles per hour.
The Agriculture Department forecasts American cigarette use will hit a record 551 billion this year and rise further in 1968. It projects 580 billion cigarettes produced with 95 percent smoked by U S citizens at home or abroad, equating to 214 packs and 11.7 pounds per adult. Factors cited include more smokers, higher incomes, and heavier armed forces shipments.
James Joseph Franklin 22 formerly of Proctor Street now at Central Prison escaped from a prison hospital ward in Raleigh on Wednesday. He had been on parole from Central Prison while serving a 10 year sentence after pleading guilty to over 20 hit and run break ins and other thefts. He was convicted in 196 of arson at Bay Street School and confessed to burning Star Finance Co within 24 hours. Damages exceeded a quarter million dollars. the school was never rebuilt.
Two people sustained injuries in Thursday traffic accidents none critical. At 8 a.m. on S. Elm and Davidson Avenue Edward Hester 24 of Rt. 5 drove into a utility pole after losing control. damages about 1000 and he was charged with exceeding a safe speed. A 7 a.m. Schirra Place crash involving Hart Davis of Albertson Road and Margie Stroud of Jamestown left one driver hurt and Stroud charged with passing on the right. An 8:20 a.m. FE Washington Drive collision between Shirley Gainey Cedar Street and Franklin Elliot 39 of McCain Place caused heavy damage but no injuries or charges.
Tomlinson School Parent-Teacher Association members met in the school library with PTA president Tom J. Kearns Jr. presiding. Officers and chairmen were introduced, reports given, and a donation to the North Carolina Symphony approved. A membership drive and a committee to study the school building grounds were also discussed. The first PTA meeting is set for Oct. 10 with Dr. Lloyd Thayer speaking on curriculum changes.
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