Mixed New York Stock Market As trading slows
In New York on Tuesday afternoon the market was slow with a mixed tone. The Dow edged down 12.25 at noon while the AP Average fell 0.9 to 334.7 as rails and industrials declined. Trading halted in American Tobacco and Kayser-Roth amid a possible acquisition, with both stocks near unchanged.
MENTIONED IN THIS ARTICLE
NEW York
Dow Jones
Associated Press
American Tobacco
Kayser-Roth
New York Stock Exchange
Chrysler
St. Regis
Ling Temco Vought
American Stock Exchange
Gale Industries
United
Asbestos
Syntex
Oxford Electric
Stock Averages and NASD Quotations Update
Inter-dealer prices as of 10:36 am today show NASD over the counter quotations. Markets change throughout the day and prices exclude retail markup markdown and commissions.
Walker to acquire Pettyjohns Shoe Co stock in exchange
B B Walker Shoe Co and Pettyjohn Brothers Shoe Co directors agree to a stock swap that will give Walker control of Pettyjohn. Pettyjohn operates a 46 000 square foot Lynchburg plant with 5 000 daily children s shoes capacity and a Granite Quarry plant of 20 000 square feet producing 1 500 women s shoes daily, capacity 3 600 daily later. Acquisition effective July 1 1967, boosting Walker weekly output to 90 000 pairs and total employees to 1 640. This marks Walker s second Virginia acquisition in July following Virginia Shoe Corp s purchase on August 1.
MENTIONED IN THIS ARTICLE
Asheboro
B.B. Walker Shoe Co
Pettyjohn Brothers’ Shoe Co
Lynchburg
Walker
Pettyjohn
B. B. Walker Shoe Co
Pettyjohn Company
Granite
Walker Shoe Co
Virginia
Virginia Shoe Corp
Fredericksburg
New Job Campaign Launched in Detroit
DETROIT AP Business and land industry groups launched a campaign to place more than 10,000 unemployed and previously unemployable residents in inner city jobs. A Greater Detroit Board of Commerce committee and the New Detroit Committee will match jobs with idle manpower while expanding training programs. The plan includes neighborhood outreach, school and church offices, and employment centers with no public financing. firms will cover all expenses.
MENTIONED IN THIS ARTICLE
Detroit
Ap) — Business, Land Industry
Greater Detroit Board of Commerce
New Detroit Committee
Day
Payment committee considers health warnings in cigarette ads
The Washington Post reports a proposal to require health warnings in cigarette advertisements. Respondents to Sen Daniel Brewster D Md questionnaire disclosed fees, including one reply noting a $400-a-day payment to a witness.
MENTIONED IN THIS ARTICLE
Washington Post
Daniel B. Brewster
D-Md
Forest Fire Outbreaks Thunder Dry Western States
A large-scale drought sparked thousands of acres burning as forest fires rage across dry states in the Northwest. Officials report more than 400 new fires and fear manpower shortages hinder containment efforts. The Forest Service and regional offices race to mobilize volunteers and crews to tackle spreading blazes. Local employers cite a sudden need for workers amid economic disruption caused by the fires.
MENTIONED IN THIS ARTICLE
Michigan Bell Telephone Co
Boise
Idaho
Montana
Forest Service
Zambia
Richard
Stauber
Washington State
Segregation Claims Spark Education Debate In South
In a late testimony official by JACK MILLER the government’s program for compensatory education is challenged as aiding segregation. Mississippi districts are cited for alleged misuse while federal officials defend the program. Separate, large Idaho and Oregon fires strain resources with hundreds of blazes, including 14,000 acres near Burns and 8,000 acres near The Dalles. British Columbia and Vancouver Island face labor tensions amid timber fires.
MENTIONED IN THIS ARTICLE
Jack Miller
Washington
Tak-Estes
Evi
Hughes
John F. Hughes
Harold Howe II
U.S. Office of Education
South
Mississippi
Panola County
Drew
Sunflower County
Nolan
Estes
North Idaho
Peck
Idaho
Payette
Salmon Nations
Oregon
Bureau of Land Management
Burns
The
Dalles
British Columbia
Walter Allen
International Woodworkers of America
Weather Across Regions Predicts Warm Unsettled Pattern
Across North Carolina and Georgia a cloudy unsettled week is forecast with scattered showers and thunderstorms. Highs reach the upper 60s to 90s by region, with mild to warm temperatures and variable coastal conditions. In South Carolina rain and thunderstorms are expected through Wednesday, easing later.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Commerce Committee
Iear
Magnuson
Georgia
Brewster
Dog Patrol member on his beat with loyal crew
A member of the Dog Patrol is described on his beat, with colleagues growing accustomed to his company and quirks. Some have bought him a hot dog and others tried to clean him up, but he has resisted successfully. AP Wirephoto.
Reuther Seeks Broad Support for Auto Strike Power Move
In Flint Michigan AP report Walter P. Reuther and UAW President Leonard Woodcock press for rally support among 70,000 GM hourly workers as talks with Big Three wage demands drag. Leaders seek strike authorization amid contract expiry in 16 days with vote results from Ford and Chrysler locals showing strong approval patterns.
MENTIONED IN THIS ARTICLE
A. F. Mahan
Ifor
Flint, Mich
United Auto Workers
Reuther
UAW
Vice Press
Dent Leonard Woodcock
Walter P. Reuther
Finni
General Motors
Detroit
General Motors Corp
Ford
Motor Co
Chrysler Corp
Woodcock
Fiint
Chrysler
Also Mentioned on This Page
Stock Market Report
Rog Nobbard
NEW York —Stock Index
YORK
Conngas
Morrell
Ieee
Arklgas
Asameta Oil
AssdOil & G
Cooperin
Mae
AtlasCorp
Barnes E
Cowles
NatDalry
Brit Pet
Chile
ee + Fa
Cineramare
Vain
Nat Stee
Croc
We Data Cent
Cudahy
Nevada P
Curtiss
Fe Equity Cp
Fargo Otis
Felmont
Dan Aiv
Va Frontier Air
Goldfield
Va GulfResrc
Det Steel
Isram Corp
Disney
Norwich
Kaiser Ind
McCrory
MeadJohn
MichSug
OlinMath
Moigoden
Drexel
Duke Pw
Val
Gi NewPark Mn
He duPont
iCwensit
I Dynamo
Ry Rwt
East Air
Pac Petrol
Wa Statham
PacPwLt
SyntexCp
Technicol
PanAsul
Pan Am
WrNuel
Panh
el Pason
ParkeDavia
Peach Coal
Johnson
PennDixie
Emietack
el Penney
Phil Morr
Fia
Moraier
Pagspl
Pullman
Dividand Exchange Gestterroon
LiForMek
Ralston P
Abbott Lab
Raynler
Rexall
AirRedin
AtcanAlom
Rheem
AllegCo
Alieghar
Rohr
Tess
Roy Ccola
Allied
Eel la
Royal
Gen Tire
Val RyderSys
iGa Pacific
Wa Ae
Alcoa
Safeway
Fe Am Bosch
Asia iGien
Goodrich
Sanders Asso Ae
Goodyr
Rysug
Grace
Schering
NEW York (Ap
Koon
New York Aenka Ia
Aie
Scott Paper
Gt West Wa
Sears Rot Ja
GreenGat
Greyhound
Sharon Srt
Transportation Jet
Wat
GrumnAir BO de
Shell Oil
Utility
Am Motors
Guif Oo
South Co
T&t
Hercine
SouthPac
Val Sperry
Hepes Cp
Stan Wam
Steutt
Avon
al Ceri
ASK Iil Ceor
Stevernjp Asye
Studebak
Fid
Life
IngerRand
Sun Cl
Vasiniand
Sunray
Beaunit
Ale Insnoam
Ga da Switt Co
Colonial Stores
Beckman
intarikSt
Ve —_T
Beech Airc
Tampa
Carolina Freight
Ig Bell How
Tektronix Ao
Bendix
Teledyne Inc
We Borden
jTexas
BorgWar
Hardee
Jewel Co
Stand. Life
Bulterd
N.C. Nat
Kresge
Piedmont Aviation
Kroger
WeiUn Elec
Ya Thermo Plastics Corp
Cenco Ins
Cetanese Cp
Lehman
AirLin
Wachovia
Saa
Me UnitAire
Libbmcn
Cheney
Loews Theat
ChrisCraft
US Steel
Cleveni
Cocacols
Yanad
Macke Co
Varian Asso
CoffinRad
Macyrh
Ivendo Co
Ivaeipw
Ia Rathn
Uw Ae
WashWal
Imarquer
Martin¢Aar
WounTel
Weyerhr
Whitt
Ral Mead Cp
Mely Sh
Winn Dix
Iiderckc
Oolworth
Zenith
Walker Acquisition
Jie
Secon
Vancouver Island
Arasa Eae
Owen Ratt Int. Uit
Fgn
Dow-Jones
Aero
Warren G. Magnuson
Dwash
NEW York — Exchange
Dog Patrol
King
Harlem
Says
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