Stock Market Starts Mixed With Gains Outpacing Losses
New York AP report notes opening trading with gains outnumbering losses. Early prices show Du Pont down 1 percent to 172, Penn Central down 4 percent to 78, Youngstown Sheet up, Chrysler up, Delta Air Lines down, and other issues moving varying amounts.
MENTIONED IN THIS ARTICLE
NEW York
du Pont
Safe, Way
Penn Central
Youngstown Sheet
Chrysler
Sunaco
Delta Air Lines
New York Exchange Afternoon Prices Selected by NYSE
The New York Stock Exchange issued selected afternoon prices, listing key index levels and notable stock moves for trading day highlights.
MENTIONED IN THIS ARTICLE
NEW York (Ap
New York Stock Exchange
American Bid Wins London Bridge Purchase by McCulloch
London officials announce the sale of London Bridge to an American bidder amid a Lake Havasu City plan by McCulloch Corp. The unofficial price is 2.4 million dollars with estimated 240000 dollars to ship 10000 tons of granite to Arizona for rebuilding the bridge in Lake Havasu City on the Colorado River.
MENTIONED IN THIS ARTICLE
City of London Corporation
Lake Havasu City
Ariz
McCulloch Corp
Frederick Schumacher
McCulloch
Schumacher
Arizona
Colorado River
City Appeals to North Carolina Supreme Court
High Point plans to appeal a Superior Court ruling over a licensing case. Judge Hubert Mays overruled the city demurrer to a North Carolina Licensing Board complaint against contractors Garland and Stewart of Robbinsville. The board says the firm lacks proper licensure for city work on a northeast High Point reservoir site. The contract work continues during appeals.
MENTIONED IN THIS ARTICLE
High Point
North Carolina Supreme Court
Superior Court
Hubert Mays
North Carolina Licensing Board
Knox Walker
Supreme Court
Hays
State Licensing Board
Garland and Stewart
Robbinsville
No Attempt Made To Block Enemy At Khe Sanh
A senior U S officer said forces lifting the Khe Sanh siege did not try to block the North Vietnamese withdrawal as it would have required three divisions and proved militarily impractical. Air strikes were the main factor in breaking the 77 day siege. The intelligence summary notes heavy enemy losses and extensive damage from B 52 and tactical air strikes beginning Jan 15.
MENTIONED IN THIS ARTICLE
Saigon
U.S
Khe Sanh
Demilitarized Zone
Lier
USS
William C. Westmoreland
Huong Moa
Jeweler Loses $85,000 In Theft
Fayetteville NC police report a break in at Curtis Jewelers owned by Bob Curtis city councilman. Loss totaled 85000 dollars with 1300 dollars in cash and the rest in diamonds watches and other jewelry. Customers’ items were also left at the scene as Curtis faces possible closure of his business.
MENTIONED IN THIS ARTICLE
Fayetteville, N.C
Bob Curtis
Curtis Jewelers
Regional Forecast Warmth Spreads Across Carolinas and Georgia
North Carolina sees sunny skies and warmer temperatures with tonight's lows mostly in the 40s. South Carolina remains sunny while Virginia starts fair with lows in the 40s to low 50s and a Thursday mix of clouds and possible late showers in the southwest. Georgia stays mostly fair and warmer with Thursday partly cloudy and highs between 76 and 85.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Piedmont Chapter Plans Investment and Inventory Panel
The Piedmont Chapter of the National Association of Accountants will hold its regular monthly meeting next Thursday at 6 p.m. at Pine Brook Country Club Winston-Salem. A panel on Planning Your Investment and Inventory will include W Darrell Allred Burlington Industries Greensboro Charles D Baker Proctor and Schwartz Lexington Johnny O Carswell Thom asville Furniture Industries Thomasville and Les McCaun IBM New York City. The panel will review idle applications of the IMPAC Inventory control system developed by IBM. All past presidents of the chapter will be guests of honor.
MENTIONED IN THIS ARTICLE
Piedmont
National Association of Accountants
Pine Brook Country Club
Winston-Salem
W. Darrell Allred
Burlington Industries
Greensboro
Charles D. Baker
Proctor and Schwartz, Inc
Lexington
Johnny O. Carswell
Thomasville Furniture Industries
Thomasville
Caldwell Furn Co executive retires in Lenoir
James M. Gossler Jr. announces retirement after a long tenure with Caldwell Furniture Co. at Lenoir, a Thomasville division. Tom A. Finch names T. Henry Wilson Jr. as executive vice president and chief executive officer of Caldwell, with Wilson joining Thomasville in 1967 after 11 years at Bernhardt Furniture Industries in Lenoir.
MENTIONED IN THIS ARTICLE
Lenoir
James M. Gossler Jr
Caldwell Furniture Co
Thomasville Furniture Industries Inc
Gossler
Caldwell
Tom A. Finch
Thomasville Furniture Industries
T. Henry Wilson Jr
Wilson
Thomasville
Bernhardt Furniture Industries
Morgan Elevates E Hampton Morgan at Wachovia
Wachovia Bank and Trust Company directors elected E Hampton Morgan senior vice president on Tuesday. He heads the operations administration department and will receive a 22 percent per share quarterly dividend payable May 15 to stockholders of record May 1. Morgan, of Winston-Salem, joined in 1939 and rose from assistant auditor in 1955 to auditor in 1961 and vice president in 1967.
MENTIONED IN THIS ARTICLE
Wachovia Bank and Trust Company
E. Hampton Morgan
Morgan
Winston-Salem
Wachovia
Premium Income Life Reports Q1 1968 Rise and Cost Cut
Premium Income Life of Carolina Assurance Co. announced a over 2 percent rise in premium income for the first quarter of 1968 versus a year earlier. Grover H. Cole, the president, also reported a reduction of over 7 percent in operating costs for the same period.
MENTIONED IN THIS ARTICLE
Life of Carolina Assurance Co
Grover H. Cole
Inmate Demands Mar Sit-Down Strike at Prison
Sit-down strikers presented a list of demands to prison officials on Tuesday and vowed to stay in the yard until discussions with Bounds. They seek incentive pay up to $1 a day for prison industry workers, hot noon meal, four TV sets, extended visiting privileges, a five-member grievance committee, and a return of single-cell inmates to the general population. Reinforcement notes say fewer than 50 inmates are in single cells as a precaution after assaults.
MENTIONED IN THIS ARTICLE
Mecklenburg County
William Matthews
Halifax County
Jerry Walston
Lee County
Bounds
Martin Luther King Jr
Secretary Bird Appearance Noted by Descriptive Feathers
The secretary bird earns its name from tufts of narrow feathers at the side and behind the head that resemble quill pens behind an old time clerk's ears, creating a distinctive look.
Memphis Garbage Strike Ends in Settlement
Memphis sanitation workers return to their jobs after a memorandum of understanding ending a 65 day walkout. The agreement includes a wage rise from 1.65 to 2.10 with 10 and 5 cent increases, union recognition and dues checkoffs. leaders call for ongoing fight for equality and justice.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Dr. Martin the King Jr
J. O. Patterson Jr
Senate supporters back House school lunch extension plan
Senate allies predict victory for a House passed bid to extend free lunch to day care centers and recreational facilities. Hart aide says over 50 senators pledged support as the measure faced a vote, while the Agriculture Committee had cut funding and hearings in prior steps.
MENTIONED IN THIS ARTICLE
Washington
Senate
Philip A. Hart
Hart
Senate Agriculture Committees
House
Orville L. Freeman
Freeman
America
Jean Fairfax
National Council of Catholic Women
National Council of Jewish Women
National Council of Negro Women
Protestant Church Women United
The
Young Women’s Christian Association
Clifford remarks on Vietnam and NATO troop posture
Clifford says Westmoreland has Khe Sanh under control amid some North Vietnamese mortar fire. He notes potential troop reductions in Europe and that about 34,000 U.S. troops will return home in coming months but remain ready for NATO if needed. He sees no other immediate options beyond the current decision.
MENTIONED IN THIS ARTICLE
Clifford
William C. Westmoreland
Vietnam
Khe Sanh
NATO
United States
Europe
U.S
Morgan Seeks NC Attorney General Nomination Department
State Sen. Robert Morgan urged that media coverage of crime is too thin meeting his aim for law and order. He argued arrests prosecutions and convictions deserve fuller reporting to shape public perception.
MENTIONED IN THIS ARTICLE
Greensboro
Robert Morgan
Morgan
North Carolina
Milk Price Controls Suspended May Trigger Price War
North Carolina milk distributors will be allowed to set any price to retailers starting next Sunday after the Milk Commission suspended its price filing system and other trade rules. The move could spark a milk price war as distributors push for more retail accounts while still paying farmers a fixed price. Chairman C. A. Swaringen of Concord said the industry has driven to outdo rivals to secure accounts, noting the long standing fair trade rules and the commission’s limited emergency powers.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
North Carolina Milk Commission
Commission
C. A. Swaringen
Concord
Milk Commission
Tax Surcharge Emerges as Likely in Congress This Year
Officials say mood in Congress shifted toward a tax increase with a 10 percent income tax surcharge proposed by President Johnson. An effective date before July 1 seems unlikely as inflation eroded $8 billion of the $20 billion first quarter economic advance while $12 billion came from real growth. The prior quarterly gain was $18.4 billion during late 1965 war buildup.
MENTIONED IN THIS ARTICLE
Congress
Johnson
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