Market holds gains as Dow near 920 on steady trading
The New York stock market remained higher at midday with gains outnumbering losses about 3 to 2. The Dow Jones average rose 3.8 to 919.56 as brokers noted support around 910–915 and cited encouraging data on factory starts and international payments. Blue chips led, with merger plays buoying sentiment. The Associated Press index showed the industrials up, rails and utilities easing slightly.
MENTIONED IN THIS ARTICLE
New York
Lew Jones
Dow
United States
Associated Press
NEW York (Ap
Stock Exchange
Atlis
Pete Ewereetree
Beweas Sapere Cove
Conte
Oy Nds Industrial Wenaee Fons
Utility Ee Seversarees
Eye of the storm described as calm center in hurricane lore
The passage notes an area at the hurricane center called the eye where there is little or no wind. It contrasts inter-dealer pricing details and dividend footnotes with the calm center concept.
Business Notes From Ray Kubbard on Company Leadership Changes
The Ashboro board of B. B. Walker Shoe, Inc. elected J. I. Chrisman as vice president in charge of research and development. Chrisman, 43, joined in 1959 and has held multiple roles including assistant vice president and manager of the cement shoe division. He now serves as vice president of Virginia Shoe Corp. in Fredericksburg, a recent B. B. Walker acquisition. He hails from Ruffin and is Pfeiffer College educated. Arwood Corp. forecasts no less than $2 per common share for 1967 on over $28.1 million in sales, per William C. Sweeney of the New York Society of Security Analysts. For H1 1967, Atwood earned $1 per share. Q3 is expected to dip due to plant vacations and moves, with a stronger Q4. Cast-Cratic Corp., Atwood’s subsidiary, runs High Point casting facilities.
MENTIONED IN THIS ARTICLE
Johnson
ErieLack RR
Ethylcorp
Pennzoil
NEW York
Eversharp
Phila Biana
Primore Y
Arklgas
Asamera
Chile
Publkind
ValCinerama
Ama
Wjeac
McKess
al Rca Pe
Ss /lEquity cp
Ralston P
Vel Fargo
FruenCo
Raynier
Felmont
Raytheon
Frontier Alr
Wei Reading
Eich Ch
Giant Yel
RepubStl
Weidfield
Gen Cig
Rea Rexall
Ae Tee Bas Pet
Wena GenDynam
Sram Corp
RyderSys
Molybden
jGerber
StrosLd
Moneg Ind
Va Getty
Silsanf
NewPark Min
iGillette
Stregp
Pancoast Pet
Glen Ald
Sander Assoc
Goodrich
Scheniey
Scurry Rain
iGoodyr
Abe
Schering
Grace Co
Scient
Sperry R
Statham
Syntex Cp
Gta&p
West West Finl
WnNuck
Associa Press
GreenGnt
HM HU
Sharon Sti
Greyhound
Veicrel Oi
GrumnAir
Win
Wis
GulfStauUt
Sinclair
New York Stock
Exchange
Halliburt
GiSs
Smink
Sa + & Harris Int
Soucale
jHecla M
South Co
Hercine
Soungas
SouthPac
Abbott Labia
Ays Hott Electron
Iss
South Ry
Holid Inn
Spartan Ind
Admiral
Hupp Cp
St Packaging
Jstan Warn
Allied C
Stauff Ch
AlliedStr
Isa
iIdahoPw
jSterlDrug
Tal Allis Chal
Ideal Cem
Val Steven SP
Val Alcoa
Studebak
FaingerRand
Swift Co
InterikSt
Sai AmCrySug
IBM
Pas Tampa
AmCyan
Tektronix
Miner
A Teledyne Inc
Aenka
Nick
Yai Tenneco
Texaco
Texas
Bie
ITE
Textron
Ih ' Am Motors
Textron Wi
Amngas
Th.Furn
Jewel Co
John Man
John John
Jon Logan
Transwair
Va Am
T&t
Kaiser Air
Kayser Ro
Kennecott
Anker
Armco
UMC
ArmstCk
Armour
Ei Kimocik
Unoiical
Atchison
Fds
LityCup
Usgypsmn
YejLittonin
US Ind
Beckman
Livingsin Oil Feas
Ereeet
US Lines
Beech Airc
Yi Lockhda
Uspsych
Bell How
Yius Smelt
Bendix
US Steel
Lonesga
Univopd
Va BethSt
Boeing
Lorillard
Borden
Lukens SH
Venad
Borgwar
Varian Asso
Ve Briggs S
M— Wends Co
Waa
Brist Myers
Mack Trust
Brunswick
iMacke Co
BucyEr
Macy Macy RH
Budd Co
WashWat
Ve Bullard
Magmac
West Airt
Bulova
Magnaovx
AIM Cal Finant
iWeyerhr
McCall
Abere Imedond
Woolworth
Va Caroplt
Mead Cp
Worthing
Merckc
Tai Xerox
MerrChaple
Zenith
Associated Press
Monsan
Montdut
Abeengels
CBS
Yai Comsat
I Nat Steel
Wie Walkers
Nevada P
American Fid. Life
Ning MP
New Carolina Freight
Contairl
Norflk Wst
Vaina Avia
iFirst Union Bank
Yai Norngas
Nor Pac
Franklin Life
Hardee’s
Northrop
Nwst Airi
Hatteras Yacht
CorGw
Nwban
Henredon Furn
Ye Norton
Norwich
Life
CrowseHind
CrowCo
Aceae Life Assur
Crown Cork
CrownZe
Little General Sete
Cudahy Co
Otis Elev
Liberty Life Curtiss Wr
N.C.N
Seael M. C. Nat. Gas Dan Riv
Deere
Pactat
Sec. Life & Trust
Delta Air
VaiPan Am
Iil Thermo Plastics Corp
VaiPanh
Ween
ParkeDavia
Wachovia Det Steel
DiamArk
Val PennDixie
Disney
Domemin
Drexel
Val Duke Pw
duPont
Jton East
Ma Ekodak
Eatonia
Eg&g
B. B. Walker Shoe, Inc
Ashcoro
J. I. Chrisman
Chrisman
Virginia Shoe Corp
Fredericksburg
B. B. Walker Shoe
Ruffin
Pfeiffer College
Asheboro
Tip Top Hosiery Mills
George G. Scott and Co
Arwood Corp
William C. Sweeny
New York Society of Security
Atwood
Sweeny
Cast-Cratic Corp
High Point
Oak View sidewalk debate prompts halt in rock dust path
Oak View area residents push for concrete sidewalks around Oak View School near Tanyard and Oak View Roads. City Council orders work stoppage until Public Works reviews area and street width. Utilities Committee asked to study meter reading methods.
MENTIONED IN THIS ARTICLE
Oak View
Public Works Committee
Allen Smith
Council
Tanyard
Oak View Roads
Johnson Street
Oak View Road
Smith
Arnold Koonice Jr
Koonce
Robert Davis
Utilities Committee
Sidewalk Project Ordered Stopped
Council adopted a final resolution to halt a sidewalk project on W. Ray Avenue and related street improvements. Public hearings set for Sept 7 cover sewer and water upgrades on Rankin Street, W. Bellevue Drive, Ingleside Drive, Eastover Place, Woodside Avenue, and Arden Place. Rezoning of parcels inside and outside the city, including English Road areas and properties owned by Kirkwood, Hedgecock, Thayer Coggin Inc., Phillips Fescue, and others, was approved.
MENTIONED IN THIS ARTICLE
W. Ray Avenue
Rotary Drive
Orlando Place
Enterprise Drive
Greensboro Road
Robert Lane
Triangle Lake Road
Rankin Street
W. Bellevue Drive
Ingleside Drive
Eastover Place
Woodside Avenue
Arden Place
English Road
Westchester
Industrial
Res. A - 2
Industrial 6
Hodgin Street
English
Dorothey Street
Res
James Kirkwood Jr
D. &. Hedgecock
Kirkwood Street
Garrisontreet
Clish Place
Lowe Avenue
South Road
Thayer Coggin Inc
Randolph County
Guilford County
Eastchester Drive - Hick - Wood Road
Phillips - Fescue Corp
R. R. Simmons
P. C. Underdown
B. W. Bush and
High Point Industrial Park Inc
Vietnam Casualties Show Low Weekly Toll In Vietnam War
Saigon reports U S combat fatalities last week at the lowest since January with 82 dead and 748 wounded amid a lull in major ground fighting. Marines report scattered skirmishes near Tam Ky while air missions in the North were curtailed by bad weather.
MENTIONED IN THIS ARTICLE
Saigon
U.S. Command
U.S
Tam Ky
North Vietnam
Hanoi-Haiphong
Panhandle
Hanoi
North
South Vietnam
Vietnam
Senate backs restoration of model cities plan funds
Senate committees near restoring much of Johnsons model cities program and propose own urban rebuilding measures. A housing subcommittee works on an omnibus housing bill to aid low income families while a $3 billion antipoverty package aims to fund jobs for the unemployed slum population and loans to restore damaged small businesses amid riots. Johnson appeals to Mansfield to restore the House cut and fight urban blight.
MENTIONED IN THIS ARTICLE
Washington
Senate
Johnson
House
Subcommittee
Senate Labor Committee
Joseph S. Clark
D-Pa
Mike Mansfield
Congress
Cotton Futures Open Quiet in New York
New York AP reports cotton futures opened quietly with no trades recorded as the market waited for direction and early price signals from traders and exporters.
MENTIONED IN THIS ARTICLE
New York
Preschool Meeting Set at UNC 6 on Tate Street Greensboro
Parents of hearing impaired preschool children meet at 7 30 tonight at the Speech and Hearing Center UNC 6 Tate Street Greensboro Robert E Parrish acting chairman invites all interested to hear Dr Ben Hoffmayer director of the North Carolina School for the Deaf Morgan ton guest speaker The goal is to improve understanding of needs and enable full educational participation A clinic to acclimate children to learning before first grade is near realization with facilities secured and qualified teaching staff arranged The Greensboro centered effort aims to serve a wide area
MENTIONED IN THIS ARTICLE
Speech and Hearing Center
UNC 6
Tate Street
Greensboro
Robert E. Parrish
Ben Hoffmayer
North Carolina School For the Deaf
Morganton
Parrish
Weather Forecast North Carolina and Georgia
North Carolina sees fair, warm conditions with highs 75 to 83 in the mountains and mid to upper 80s elsewhere. Lows 55 to 63 in mountains, 66 to 73 elsewhere. Scattered mountain showers possible Friday. otherwise clear to partly cloudy and warm. Georgia remains partly cloudy and mild through Friday with highs in the 80s and cool tonight. lows 62 to 73.
MENTIONED IN THIS ARTICLE
North Carolina
Georgia
Randolph Okays New Teachers
Asheboro new teachers approved for Randolph County schools include Archdale Connie Kay Dixon at Randleman Elementary George G. Bagent Madge S Havens Marjorie L White Randeman High School Thomas Wayne Smith Marion R McIntosh Tabernacle Jesse E Shank Trindale Faye P Coletrane Patricia J White Trinity High School Lula F Bowman Charles W Loflin.
MENTIONED IN THIS ARTICLE
Asheboro
Randolph County
Archdale
Connie Kay Dixon
Randleman
George G. Bagent
Madge S. Havens
Marjorie L. White
Randeman High
Thomas Wayne Smith
Marion R. McIntosh
Tabernacle
Jesse E. Shank
Trindale
Faye P. Coletrane
Patricia J. White
Trinity High
Lula F. Bowman
Charles W. Loflin
There's Gold In Them Silver Certificates Boom And Silver Dollars Too
AP reports dealers pay premiums of 25 to 30 percent over face value for 1, 5, and 10 dollar silver certificates as silver demand and a higher market price drive a broader rush for silver coins and certificates. The shift follows the Treasury abandoning the $1.29 an ounce ceiling. spot silver rose to about $1.82, boosting certificate value and dealer profits.
MENTIONED IN THIS ARTICLE
New York Mercantile Exchange
The
Law of Supply
Mand
U.S. Treasury
United States
Treasury
Also Mentioned on This Page
Stock Market Report
American L Exchange
Ray Kubbard
Walker Post
Arwood
NEW York — Exchange
NEW York —Stock Index
Dow-Jones
Oak View Area
George Esper
By Joe Hall
Esaxpar
jJul
Randolph
J. Aacanee
Ind. Rallsuit
Parachutes
Fon L
Phil Thomas
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