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Danville Register in Danville, Virginia

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Danville Register

Location

Danville, Virginia, United States of America

Date

Mar 08, 1968

Page

7

Capital Gains in D C: Rides Cigarettes and Liquor Cheap

Washington taxi fares and District liquor and cigarette prices favor residents and visitors alike due to Zone 1 gerrymandering and local competition. Congressmen escape the district income tax, while nonresidents flood District markets, boosting per capita liquor and cigarette sales and keeping fares low in many zones.

Congress District of Columbia White House Pentagon Capitol State Department New York City Virginia Manhattan Momma Poppa Maryland

Drexel U S Plywood Merger Slated for Stock Swap

Drexel Enterprises will merge with U S Plywood Champion Paper in a stock exchange. Drexel stockholders receive nine tenths of U S Plywood Champion Paper stock plus eight tenths of a $1.20 convertible preferred for each 1 420 000 Drexel shares. Estimated value around $100 million. Directors authorized the acquisition, pending Drexel shareholder approval. Drexel, a major North Carolina furniture maker, had 1967 sales of $78.4 million and 5.1 million net income with 6,300 employees. Plywood Champion Paper 1967 sales exceeded $1 billion.

Drexel, N.C Drexel Enterprises, Inc U.S. Plywood- Champion Paper Inc Karl R. Bendetsen U.S. Plywood-Champion Paper G. Maurice Hill Drexel Plywood - Champion Paper United States North Carolina Plywood-Champion Paper

Budget Decisions Will Greatly Influence Nation's Future As Technological Leader

CAPE KENNEDY AP report says Congress faces 1969 NASA budget decisions that may determine whether the U S remains the global technology leader in the 1970s. Key figures include NASA Administrator Webb and Von Braun, with concerns over funding for post Apollo programs and potential talent loss if new programs are delayed.

Jim Strothman AP Aerospace Cape Kennedy Fly Congress U.S America Werner von Braun National Aeronautics and Space Administration Marshall Space Flight Center Huntsville Ala von Braun Johnson NASA General Motors James E. Webb Webb House Senate Space Space Agency House Committee On Science and Astronauts Mac C. Adams

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