Skip to main content
The largest online newspaper archive
A Publisher Extra® Newspaper

The High Point Enterprise from High Point, North Carolina • Page 2

Location:
High Point, North Carolina
Issue Date:
Page:
2
Extracted Article Text (OCR)

LBJ Wins Confidence Of Business HOT SPRINGS, Va. (AP)- vThere were plentiful sigss, as -the Business Council began meetings with high ad officials today, that President Johnson has gone far Howard winning the confidence business. Several of the 100 top indus- ttrialists here for the council's conference--mostly Re- told reporters pri- they feel Johnson has shown sympathy and understanding for the problems of businessmen. Some said they believed this was widely held in the industrial and financial commun- Arid Financial Nen's FoiBt ity. One explained: "They feel a lot more comfortable with him than they did with President Kennedy.

"They think he really listens to them when he asks for their advice, and they know he always did ask advice from business friends, when he was senator and vice president." Said another: "He got off on the right foot with business from the start by cutting the budget and promising a dollar's value for every taxpayer's dol lar spent." The tax cut, paring of the federal pay rolls, and the President's apparent appreciation of the role of corporate profits as a basic ingredient of economic growth were among other factors cited as appealing to business leaders. Most of the council's active membership which embraces many of the biggest names in industry--have had close contact with Johnson since he became President. Two of them, railroad president Stuart Saunders and auto manufacturer Henry Ford headed the Business Committee for Tax Reduction. LBJ FROM PAGE 1-A White House newsmen and pho-j tographers. "I sure am glad to have seen you," the President told Marlow as he left to begin the motor- Stock Market NEW YORK.

(AP)-The stock market moved further into record high ground 1 early this afternoon as steels and Chrysler continued their leadership. Trading was Rails began to move higher after an uncertain start, lending their support to-the industrials. The rest of the stock, list had a muddled Tobaccos and airlines were lower. The pattern was mixed among oils, chemicals, nonferrous metals, retails, aerospace issues and electronics. A number of the higher-priced office equipments, photographic and-computer stocks moved up in response to renewed trading demand.

As themarket advance moved into its sixth straight day, however, were plenty of soft spots. Many issues were The Associated Press average of 60 stocks at noon was up at 307.7 with industrials up .4, rails up .3 and utilities up .2. The Dow Jones industrial average at noon was up 1.02 at 831.19. Chrysler gained a full point. The rally by" steels simmered down.

-Fractional gains were posted for such leaders as U.S. Steel, Jones Laughlin and Republic. Texas Gulf Sulphur advanced more than a point. Control Data ran up more than 3 and IBM added 2. Prices rose on the American Stock Exchange.

Corporate bonds were mixed. U.S. government bonds were slightly higher. NEW YORK (AP) Adams Millis Allied Ch Prev. Close Noon cade for the five-mile trip to Rocky Mount.

Earlier at Seymour Johnson Air Force Base near Goldsboro, Johnson told some 10,000 persons, "I'm" so happy to be in this great progressive a which for many years has set an example portion of ur country." The crowd Johnson and Force One, to presidential jet, and board a Marine Corps helicopter for the 30-mile flight to Rocky Mount. An overwhelming reception was in the offing at the Rocky Mount Muncipal Building. crowd around the building was estimate! by police at more than 40,000 persons. Fifteen were treated for exhaustion. After meeting with Sanford and officials the North Carolina Fund, a fpundation backed agency directing this state's poverty fight, Johnson addressed the Municipal Building audience.

In a fist-banging, roaring speech, he praised North Carolina for its anti-poverty effort and pleaded for support. He expressed confidence fight can be won. the poverty His daughter enlisted the aid of her generation in the war. Wearing an alluring green dress and matching coat, she spoke briefly after her father finished. She called for the help of those who are under 30.

"I came down here with daddy because I want to see whal is going on in the world. there you can are so many things do." she declared. At the meeting with the North Carolina Fund officials, Johnson said, "I thought how wonderful you and yonr leadership and the spirit North Carolina has shown." Gov. Sanford outlined the fund program to the President, Agriculture Secretary Orville Freeman and Health, Education and Welfare Secretary Anthony Celebreze. Johnson called it "one of the most rewarding days of my entire life." As a political pulse-taker, it was an; overwhelming success.

The size of the crowds and the lively to the speech indicated strong support for the new President in this tradi-jgear, tionally Democratic area. TRUMAN FROM PAGE 1-A Republicans, then strolled back to Blair House, where he is staying as Johnson's guest, and beaded from there for the Captol arid a breakfast reunion with old Senate colleagues. was still settling problems right and left as he did upon arrival "Thursday. But he still had the worry that bothered him then. The worry: What will Bess, the former first lady whom he left back home in Independence, think of his performance in Washington? "She is always afraid," he said, "that I will insult somebody I am not supposed to insult." So far Truman, special guest of President Johnson and the nation, has insulting anybody.

But he has given an elder statesman's advice on several problems including: 1. How long should a president work each day. Fourteen hours, Truman said 2. How can a president avoid being assassinated as he rides through crowds. "Put back the two Secret Service guards who used to ride on the rear bumpers," Truman said.

Truman arrived from Independence Thursday in an Air Force plane, and quickly went to Johnson's defense on the handling of hound dogs. The President had got into some hot wa ter recently jby "lifting "Him' and by; the ears. When a newsman inquired whether that was the way to handle hounds, Truman asked: "Have you ever had any hounds?" "No," the newsman said. "Then what the hell are you hollering about?" Truman said. "That's the way to handle hounds." Many events are on Truman's Allis-Chal Am Can Co Am EnKa Am Motors Am Tel Tel Am Tqb Atch TSF Atl Coast Line Atl Refining Avco Cp Bait 0 Bendix Corp Beth Stl Boeing Air Borden Co Burl Ind Burroughs Corp Caro PL Celanese Corp Champion PF Ches Ohio Chrysler Coca-Cola Columbia GE Cornl Credit Corn Prods Curtiss Wrt Pan Riv Mills Douglas' Airc Dow Chem Duke Pow DuPont deN East Airl Eastman Kod Firestone Rub Foote Min Ford Motor Gen Elec Gen Foods Gen Mot Gen Tel Tel Gerb Prod Goodrich Goodyear TR Greyhound Gulf Oil Corp Int Paper Int Tel Tel Kayser-Roth Liggett Myers Lockh Air Lorillard Martin-Marietta McLean Trk Monsanto tfontg Ward Motorola Natl Biscuit fat Dairy Pd Natl Distillers NY Central Norf West Am Avia Param Pict Penney Pennsy BR Pepsi Cola Phillips Petr Pitt Plate Gls Pure Oil Radio Corp Rex Chain Rep Stl Reynolds Tob Seabd Airl Sears Roebuck Sou Railway Std Brands Std Oil Std Oil NJ Stevens Texaco Inc Textron Inc Union Bag Carbide Union Pac United Airlines United Airc US Rubber US Stl Va El Pow Va PP Western Md West Union Westing El Winn-Dixie Woolowrth Zenith Rad 44V4 14K 44 23 127 18 727s 58 44 46V4 70 128V4 40V4 62 7 18 24 73 66 263 39 13 87V4 53V4 33 18 82 18 12 103 61 78V4 78 27Y4 31 72Y4 48 31V4 52V4 73 48 46 112 8 16 64 88V4 43V4 38V4 46V 4 56Y4 44 37V4 33V4 86V4 57 46 33V4 86 DISTRUST A dictator is so suspicious that he taps his phone so he can check his own remarks.

GLIB TALK This is an election year and you can be sure that this na- Holding Elected By Bankers PINEHURST, N. c. (AP The North Carolina Bankers Association today elected as president Robert P. Holding Jr. chairman of' the board of First- Citizens Bank Trust Co.

of Smithfield. He was chosen at the first session of the association's annua i which continues through Saturday night. Holding succeeds John J. Mason of Tarboro, president ol Edgecombe Bank Trust Co. Other new officers include Clyde L.

Stutts of Shelby, first vice president; Emsley A. Laney of Wilmington, second vice president; Lester V. Lowe ol Fairmont, treasurer. James H. Pou Bailey of Raleigh was re-elected general day night that it had protested counsel and Harry Gatton of Raleigh was re-elected executive director.

Dow Jones Averages (FurnlihM by Prtv. 11 i.m. 11 Noon Ctoi Industrial; 131.1* 129,73 S30.17 Rails 199.90 199.77 199.57 30 20 15 65 Valume Utilities 141.34 Stocks 290.34 141.93 289.89 141.00 289.90 2,090,000 2,190,000 5,400,000 Cotton (AP)-Cotton futures opened today 25 cents a bale lower than the previous close. Jul. Oct.

Dec. Mar. May Jul. Prev. Close Open 32.02 31.98 .28.75 28.70 .28.65 28.60 .28.80 28.65 .28.85 82.75 28.25 28.15 JOHNSON FROM PAJGE 1-A lad their way, "The 'for sale' sign would be on TVA this very lour." It was Goldwater who once suggested that the Tennessee Valley Authority be put up for sale.

The sharpest jabs, included in Johnson's prepared omitted in delivery. But the traveling White House said he stood by them! In these passages, labeled 'cruel hoax" critics andi.those who woujd-sell as "men of timid faith and narrow vision." And he added: "I do not believe you want to entrust the American dream to men who would turn it into a nightmare." In Atlanta and half a dozen other cities in-. Appalachia and he South, cheering thousands out to greet the President. Total official estimates of crowds along the way came nearly half a million. Attaches Leave For Finland MOSCOW (AP)-Two of the American military attache! whc said they were drugged in Odes sa left today for Leningrad and Finland.

An American Embassy spokes man said they were going to Helsinki, the Finnish capital, for a brief holiday and would return to Moscow. The attaches are Air Force Lt Col. William L. Van Meter tnd Marine Lt. Col.

James M. Lan drigan. A third American who said he was drugged, U.S. Navy Cmdr Sumner Shapiro, remained on duty hi Moscow. The embassy disclosed Thurs to the Soviet government tha the three officers were drugget March 25 while on a trip to the Black Sea port of Odessa, where American ships have been dock ing with wheat shipments.

The British Foreign Office -an nounced that an assistant Brit ish naval attache, Lt. Cmdr John Harvey-Samuel, was with the Americans and also was drugged. The British joined in the American protest. British sources said Harvey- Samuel and his wife also hac left Moscow, for Warsaw but the sources said they left their year- old son with his English nurse and would' return. AUDIE MURPHY POINTER DRIVE-IN GREENSBORO ROAD 1PLESHE1TE-WMN-DOROWR01E Come Early For Glint HHi Stirti Only 7Je A Child Frtt Many a man expresses an opinion and then wishes he had patronized a slow freight.

schedule today, including an tion wil1 be a land promise. the cuff talk National Press Club! and a dinner meeting with old buddies of the famous World War Truman investigating committee. But it is unlikely that any will surpass an event of Thursday when Truman got the Grand Golden Cross of Austria in the plush home of the Austrian Truman on this occasion DOUBLE YOUR-MONEY BACK iiuman uu uuvcisiuir i tr MI i proved himself adept at 8 ones funny! YouU la from bourbon to champagne and I how st like "Flubber" and back again without stripping a "Shaggy COMMUNIST FROM PAGE 1-A cow and Peking since November 1963, "Judging by present circumstances, not only is it impossible to hold the two party talks in May, but it will also be too early to hold them in Octo- Last stop for Truman Thurs- ber," the Red Chinese reply day night was a dinner of the said. Masons where he "We consider it more the award for distinguished priate to postpone them until service from the grand lodge of The ambassador, Dr. Wiifried! Wa guarantee you'll have fun Plaizer, presented him the or we'll give you Double your nificent decoration as both men! money back! stood under an oil painting of Archduchess Christine, favorite daughter of Empress Maria Theresa of the Hapsburgs.

The ambassador praised Truman for helping rebuild Austria after World War and keep it free. sometime in the first half of next year, say May. And if either the Chinese or the Soviet party then considers that the the district. He sent the Masons by confiding that although a lot of hard things had been said about him time is still not ripe, they can "I don't give a damn as long be further postponed." as they can't prove them." CENTER TARHEEL DRIVE-IN ON 311 HFS HERS TONIGHT Kentucky Favored For Leaf Research By FRANK E. TAYLOR WASHINGTON (AP)-Use of University of Kentucky facilities for in expanded program of tobacco research was approved today by the House Appropriations Committee.

Rep. William H. Nateher, was a member of the committee which recommended the Kentucky site. The full committee also accepted a subcommittee recommendation for a $1.5 million appropriation for the research project, including it in a 13 million total for research in tobacco and insecticides. The Kentucky location and the proposed $1,5 million fund were urged by Nateher during the subcommittee's hearings on the need for further tobacco research in the light of the recent surgeon general's on smoking and health.

Nateher said adequate facilities are available at the University of Kentucky. On its campus, he said, is a $4.5 million building designed as an agricultural research facility. The building, dedicated last December, has hot houses and other facilities needed for research. se-Arab By DAVK? LANCASHIRE CAIRO (AP)--Maximum curity precautions are being quietly tightened for the arrival of Premier Khrushchev Saturday, and special communication equipment has been installed to give the Soviet leader instant contact with Moscow. Troops, police and plainclothes agents from Egyptian day army intelligence have been as- signed to guard Khrushchev, said as many 200 Soviet security agents will accompany the premier.

Special telephone lines to if oscow were reported being set up from Cairo and Aswan, 430 miles to the south, to Moscow. Khrushchev's "route will take lim from Alexandria, his port i landing, to Cairo, Port Said and other points. As a further precaution two pedal planes have been sent rom the Soviet Union to take i--MUTUAL FUNDS--i STOCKS and BONDS STURGIS MAY CO, 6th Floor N. C. Ktt'l CENTER WAIT DISNEY 'KIND OF FUN AND THRILLS "7 FACES OF DR.

LAO" In Color Ton; Randall Features At: 1:25, 3:20, 5:20, 7:20, 9:20 ilOUDie-MlB! "Advance to The Rear" S-O-O-N! Security Tight For Khrushchev SATURDAY NIGHT DANCE THOMASVILLE V.F.W. Millie by BOLL WILLIAMS and the 8TARLIGHTEB8 8 P.M. Khruibchev around the Unttft Republic. Soviet sources said the premier would not fry aboard Egyptian planet--many of which were built by the Soviet Union. Khrushchev's ship, the Armenia, will arrive for a festtte welcome at Alexandria Satur- morning.

With President Gamal Abdel Nasser, Khrushchev will immediately plunge into a busy schedule. There will be a series 'of speeches and talks with Nasser, visits to factories, the pyramids and sphinx, and tours of the massive Soviet-financed Aswan High Dam project. But 13 afternoons have been kept free- so Khrushchev can rest. SPECIAL LUNCHEON PLATTERS EVERY DA Reid? To Sem WE HAVE SPACIOUS FACILITIES FOR Parties Salei Meetings Banquets Civic Club Meetings Wedding Receptions Plenty of Free Parking OF HIGH POINT West Green St. Ext.

High Point, N. C. Phone 88 3-6101 A rare and heartwarming nothing could stop them -only instinct to guide iiffiUk. 3 them across 200 perilous miles of Canadian wilderness! UNLIKELY COMPANIONS! WALT BODGER the Bull Terrier the Siamese Cat UJATH the Labrador Retriever EMiLEGENEST- SANTO SCOTT- wwDRAINIE Carnival" at 7:30 PLUS THK NEW HIT IN COLOR AI FIRST OUTDOOR RUN! Adults 75c Kids FREE! pi us Every Fri. Sat.

Is'TREE NIGHT" ai the BIG JOHN? "DONOVAN'S REEF" TECHNICOLOR JOHN WAYNE TECHNICOLOR' A PARAMOUNT RtUBASS ADVENTBRES! THE MAN WHO SHOT LIBERTY i VALUABLE COUPON 3 HOUR SALE 9 A.M. 'til 12 Noon SATURDAY, MAY 9th, 1964 HMiMMBI 4BB ET OF 24 riEtey STAINLESS STEEL TABLEWARE MADE IN NEW ENGLAND BY NEW ENGLAND CRAFTSMEN 6 OVAL SOUP SPOONS 6 TEASPOONS 6 DINNER FORKS 6 DINNER KNIVES $6.00 VALUE SORRY LIMIT 2 SETS TO A CUSTOMER WITH THIS COUPON SET MANN DRUG STORES.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

Publisher Extra® Newspapers

  • Exclusive licensed content from premium publishers like the The High Point Enterprise
  • Archives through last month
  • Continually updated

About The High Point Enterprise Archive

Pages Available:
148,309
Years Available:
1906-1977