Stock Market Opens With Mixed Early Results
In New York the stock market opened with gains outpacing losses as trading began. Early quotes show Du Pont down 1 percent to 172, Safeway up percent to 28, Penn Central down percent to 78, Youngstown Sheet up percent to 36, Chrysler up percent to 65, Sunoco up percent to 9, and Delta Air Lines down percent to 26.
MENTIONED IN THIS ARTICLE
NEW York
du Pont
Safeway
Penn Central
Youngstown Sheet
Chrysler
Sunaco
Delta Air Lines
New York Stock Exchange Selects Afternoon Prices
The New York Stock Exchange reports selected afternoon prices on the latest trading day. Investors monitor shifts in key stocks as market activity continues across the exchange floor.
MENTIONED IN THIS ARTICLE
NEW York (Ap
New York Stock Exchange
City Appeals to North Carolina Supreme Court
High Point files writ of certiorari with the North Carolina Supreme Court after Superior Court Judge Hubert Mays overruled the city's demurrer in a licensing case. The North Carolina Licensing Board accuses Robbinsville contractors Garland and Stewart of improper licensing as they continue site clearing for a northeast High Point reservoir project.
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
American Buys London Bridge in Arizona Project
London Bridge is sold to an American bidder the City of London Corp announces. McCulloch Corp led by Frederick Schumacher says it won the bid and will rebuild the bridge at Lake Havasu City Arizona after paying about 2.4 million dollars plus 240 thousand for shipping the 10 000 tons of granite.
MENTIONED IN THIS ARTICLE
City of London Corporation
Lake Havasu City
Ariz
McCulloch i Corp
Frederick Schumacher
McCulloch
Schumacher
Arizona
Colorado River
No Attempt Made To Block Enemy At Khe Sanh
A senior U.S. officer said American forces lifting the Khe Sanh siege did not block North Vietnamese withdrawal, calling it impractical and a waste of troops. The report credits air strikes as key to breaking the 77 day siege, with ground forces having high enemy fatalities by late March.
MENTIONED IN THIS ARTICLE
Saigon
U.S
Khe Sanh
Demilitarized Zone
Lief
USS
William C. Westmoreland
Huong Moa
Jeweler Loses $85,000 In Theft
Fayetteville North Carolina police investigated a burglary at Curtis Jewelers owned by city councilman Bob Curtis. The loss totaled about 85000 dollars including 1300 in cash and diamonds watches and other jewelry. The theft occurred as Curtis found the break in on a Sunday before leaving for a beach trip with his family.
MENTIONED IN THIS ARTICLE
Fayetteville, N.C
Bob Curtis
Curtis Jewelers
Regional Forecast Outlook Averages Warmth Across the Southeast
North Carolina sees sunny and warmer weather with tonight fair and lows in the 40s. South Carolina stays sunny and Virginia foresees fair skies with temps in the 40s to 50s. Georgia remains mostly fair with highs of 76 to 85 and tonight's lows in the 50s as Thursday warms.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Piedmont Chapter to Discuss Investment and Inventory Control
The Piedmont Chapter of the National Association of Accountants will hold its monthly meeting next Thursday at 6 p.m. at Pine Brook Country Club Winston-Salem. A panel on Planning Your Investment and Inventory features W Darrell Allred Burlington Industries Greensboro Charles D Baker Proctor and Schwartz Lexington Johnny Carswell Thomasville Furniture Industries Thomasville and Les McCaun IBM New York City. The panel reviews IBM IMPAC inventory control system applications. 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 0. Carswell
Thomasville Furniture Industries
Thomasville
Les McCaun
IBM
New York City
Chhapter
Caldwell Furniture names new Caldwell EVP CEO
James M. Gossler Jr. retires from Caldwell Furniture Co in Lenoir a division of Thomasville After 1935 service he has been executive vice president for three years Tom A Finch of Thomasville announces T Henry Wilson Jr named executive vice president and chief executive officer Wilson joined Thomasville in 1967 after 11 years at Bernhardt Furniture 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 Elevated at Wachovia Bank Directors elect E Hampton Morgan
Wachovia Bank and Trust Company directors elevated E Hampton Morgan to senior vice president on Tuesday. He heads administration and operations, joined in 1939, was assistant auditor in 1955, auditor in 1961, and became vice president in 1967. A quarterly dividend of 22 percent per share was declared, payable May 15 to stockholders of record May 1. Morgan is based in Winston-Salem.
MENTIONED IN THIS ARTICLE
Wachovia Bank and Trust Company
E. Hampton Morgan
Morgan
Winston-Salem
Wachovia
Premium Income Life reports 1968 Q1 premium rise and cost cut
Grover H. Cole announces Premium Income Life of Carolina Assurance Co posted over a 2 percent increase in premium income for the first quarter of 1968 from the year-ago period. Operating costs declined by more than 7 percent in the same period.
MENTIONED IN THIS ARTICLE
Life of Carolina Assurance Co
Grover H. Cole
Inmates Demand Reforms at Peak Sit Down Strike
Central Mecklenburg County to 15 years for assault with intent to commit rape William Matthews 28 sentenced from Halifax County to eight to ten years for breaking and entering and Jerry Walton 22 sentenced from Lee County to five to seven years for breaking and entering and larceny Leaders of the sit down strike gave their list of demands to prison officials Tuesday and they would not leave the yard until they could discuss the issues with Bounds who was out of the state at the time The sit down strikers also demanded pay incentives up to 1 a day for inmates in prison industries hot noon meals four television sets in cellblocks longer visiting privileges a grievance committee of five inmates and return of all men in single cell confinement to the general population Officials said fewer than 50 inmates are in single cells due to incidents of assault on other prisoners
MENTIONED IN THIS ARTICLE
Mecklenburg County
William Matthews
Halifax County
Jerry Walston
Lee County
Bounds
Martin Luther King Jr
Secretary Bird Named for Its Tufty Head Feathers
The secretary bird gets its name from narrow head tufts that resemble an old clerks quill pens behind the ears, giving it a distinctive, clerical appearance.
Memphis Garbage Strike Ends in Settlement
Memphis 1300 sanitation workers return to duty after a memorandum of understanding. The pact includes wage raises 10 cents May 1 and 5 cents Sept 1, union recognition, and dues checkoffs. Leaders hail a major step toward racial and economic justice amid King’s death anniversary backdrop.
MENTIONED IN THIS ARTICLE
Memphis, Tenn
Martin Uther King Jr
J. C. Patterson Jr
Patterson
Dr. King
Memphis
Senate expected to back school lunch expansion plan
Senate support for a House passed bill to extend the lunch program to day care centers and recreational facilities appears solid with over 50 senators pledging. The measure aims to restore the House funded three year 96 million plan amid debates on national guidelines and hunger concerns.
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 outlines Vietnam, NATO troop reshaping
Clifford says de escalation bombing was not used and Westmoreland has Khe Sanh under control amid some North Vietnamese mortar fire. He hints at possible NATO troop reductions and notes about 34,000 US personnel to be returned home but kept ready for NATO if needed. He says no other changes planned for now.
MENTIONED IN THIS ARTICLE
Clifford
William C. Westmoreland
Vietnam
Khe Sanh
NATO
United States
Morgan Seeks NC Attorney General Bid Targeting Crime Coverage
State Sen. Robert Morgan criticized news media for vivid crime coverage saying arrests prosecutions and convictions receive little attention. He argued that law and order matters most to North Carolinians as he campaigns for the Democratic nomination for attorney general in North Carolina.
MENTIONED IN THIS ARTICLE
Greensboro
Robert Morgan
Morgan
North Carolina
Milk price controls suspended in North Carolina
North Carolina will suspend its milk price filing system and trade rules starting next Sunday allowing distributors to set prices with retailers. A commission spokesman warned a price war could follow while distributors must still pay dairy farmers a fixed price. Commission chairman O A Swaringen of Concord said the move stems from shifts in the industry including volume discount plans and private label milk.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
North Carolina Milk Commission
Commission
O. A. Swaringen
Concord
Milk Commission
Tax Surcharge Hopes Rise Amid Congress Mood Shift
Officials say Congress shows a changed mood and a tax increase is likely this year though an effective date before July 1 seems unlikely. Since last summer President Johnson proposed a 10 percent income tax surcharge while inflation consumed $8 billion of a $20 billion first quarter advance, with $12 billion being real economic growth. The prior quarterly peak was $18.4 billion during the 1965 Vietnam war buildup.
MENTIONED IN THIS ARTICLE
Congress
Johnson
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Stock Market Report
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N.C. Court
South Co
South Ry
Spartan Ind
StBrand
Ga Pacific Ib
Va Gerber
Irca
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Ralstonp
Gillette
Ranco Inc
StaifCh
Glen Ald
Rayonier
We Packagi
Global Marin
StauffCh
A Si
ReichCh
Stern DO
Goodyr
Repubst
Graceco
Stevensj
Rexall
Sun O
Va 'Gt A&p
Gt West Fini Gt Nor Ry
Texaco
Halliburt
Stregp
Texasinst
Here Inc
Textron
Hoff Electra
Hickel
Sma
Isi
Transwair
Homestie
Scott Paper
Transam Ib Saka
Transitron
Sears Roe Ja
TRW Inc
Houstlp
Twen Cent
Howmet
Speronesi
Yeeta HuntFds
VlShell
UMC Inc
Stint ShellTrn
Abex Co
Sherwawm
Va'un Elec
ACF Ind
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Sinclair
Unoiical
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Ideal
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UnitAire
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Allie Chal
Jewel Co
Mel Joy Mig
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Kaiser al
Wat
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Ve Kange
Katy Ind
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Vel Kroger
T&t
Liggett&@m
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Atlas Corp
Avco
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Babck
Abaenesti
Macke Co
Beck
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MartinMar
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Vy Mead Cp
Melv Shoe Wi
Merck
Va Bulova
Mohasco
Monsan
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NatAirlin
Castle Cook
Cenco
Teeee Nat Steel
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MarisCraft la Nenge
Ning MP
Citfin
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Rock
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Pac
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Colointo
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Norwich
Wenee Omark
Otis Elev
Pact&t
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Parke Davis
Penney
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PaPwSt
Me Curtis Pub
Pennzoil
Curtiss Wr
PepsiCo
Pfizerc
Va Phila el
Phil Rdig
PhilMorr
del Mate
Phill Pet
DeltaAir
Pitney
Pitts Steel
Ind
Pugspl
Duke Pw
Pullman
Enue Ia
Granville Watts
London Bridge
London
George Esper
Secretary Bird
James Reynolds
King
James Lawson
Klaus Frings
Munich
Germany
By Carl P. Leubsdorf
D-Mich
Tar Heel Press
Paul Owen
Economics
Lewis
N. Mai
Life Assurance Co
Carolina
J. Sturgis May & Co., Inc
N. Carolina Bank Res
High Point Tel
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