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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 03, 1968

Page

2

Wall Street Surges as Markets Rally on Vietnam News

The New York stock market hit a historic buying surge with 10.64 million shares traded, the Dow up 12.95 to 876.91 at noon, and broad gains across industrials rails and utilities. Large investors hold about 10 billion on the sidelines awaiting signs the Vietnam war may end.

New York Wall Street North Vietnam United States Gen*al Motors Dow Jones Associated Press

Stock market summary from a historic issue fragment

The readable fragment shows a ledger style note on dividends in arrears new issues and stock distributions with notations for paid this year omitted or deferred. It references foreign issue tax and accumulative dividend details and mentions stock averages compiled by the press.

Assec Bondave

Humphrey Seen as Likely Democratic Favorite Son Contender

The piece discusses Hubert H. Humphrey possibly entering the race and competing for delegates in state conventions while Johnson may quietly back him. It notes Kennedy Branigin and Connally as other players and mentions shifts in Vietnam policy as a factor. Tom Moore comments on Humphrey’s conservative positioning within the party.

D. Branigin Humphrey Nebraska Johnson Vietnam Kennedy McCarthy Saigon John Connally Texas Tom Moore Hubert H. Humphrey

Eastern Airlines Plans Extra Market Flights

Eastern Airlines will add 13 inbound and 15 outbound flights during peak market days between the Greensboro High Point Winston Salem area and New York Chicago and Atlanta. The new jet service begins April 28 from Newark via Richmond to Chicago with a 10 15 a m arrival. Southern Furniture Market runs April 19 to 26 through High Point and along the Furniture Highway into western North Carolina. Humphrey struggles for southern support as Johnson and Kennedy McCarthy vie for delegates in upcoming contests.

Eastern Air Lines Eastern Larsen Greensboro-High Point-Winston- Salem New York Chicago Atlanta Southern Furniture Market High Point Furniture Highway North Carolina Sevie Newark N. J New York City Richmond

Cotton futures open lower in New York trading

No. 1 cotton futures opened Wednesday at about 70 cents to 1.90 a bale below the previous close. The report shows the market starting the day with declines across several contract months, including options around 30.00 to 30.68 per bale.

New York Eacee EE Saeseni Cays

North Carolina and South Carolina Weather Outlook

Forecast calls for variable cloudiness and warmer temperatures. Scattered showers or thundershowers are expected in the western portion tonight and across the state Thursday. Lows tonight in the 50s. South Carolina remains variable through Thursday with additional scattered showers or thundershowers.

North Carolina South Carolina

North Carolina and South Carolina Weather Outlook

Temperatures Thursday through Monday will run near normal with daytime highs in the 50s inland and mostly in the 70s along the coast. Night lows range from the mid 40s inland to the low 50s on the coast, with mountains down to the low 30s. Precipitation totals about a half inch or more, scattered mainly in the afternoon Thursday and again on Monday.

North Carolina South Carolina

North Carolina National Bank Posts First Quarter Earnings Rise

NCNB reports an 18.6 percent gain in net operating earnings for the first quarter of 1968. Earnings per share reach 73.8 cents, up 11.4 cents or 18.3 percent from 62.4 cents a year earlier. Chairman notes solid quarterly results despite market conditions.

North Carolina National Bank INCNB One Oiler Averae

Adams-Millis Plans Stock Split and Expansions

Adams-Millis Corp shareholders approve a two for one stock split by increasing authorized capital to seven million shares. Millis announces expanded hosiery production in Oklahoma City with a 30 000 square foot plant, phased completion by August, and a 1 million dollar project reaching over 500 000 dozen pairs annually. Joint venture to market a licensed Wolverine sock starts May.

Adams-Millis Corp J. H. Millis Millis England Oklahoma City Okla Wolverine World Wide Corp Wolverine

Furniture Sales In South Climb in February 1968

The Southern Furniture Manufacturers Association reports February 1968 U S plant sales up 31.7 percent from February 1967 with orders from 14 states rising 25 percent for January–February. Shipments, production, and payrolls also increased year over year, signaling a seven to eight week backlog.

Assa SFMA Snutidy Sfma

Also Mentioned on This Page

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