Market Closes Sluggish on Post-Labor Day Caution
New York stock session shows a sluggish, irregular tone with the Dow up 0.53 at noon to 895.34. General Motors nearly unchanged while Ford and Chrysler slip slightly as analysts cite a wait-and-see mood ahead of post-holiday developments.
MENTIONED IN THIS ARTICLE
New York
General Motors
Ford
Chrysler
Municipal Power Battle Ties to Dixon-Yates Case
An attorney for several municipalities compares Duke Energy projects to the Dixon-Yates power controversy, arguing federally licensed nuclear stations threaten municipal ownership and fair access. Duke defends its low power rates and urges residents to seek redress at the Federal Power Commission as cities line up to join Keowee-Toxaway.
MENTIONED IN THIS ARTICLE
Ible
J. O. Talley
Statesville
Dixon-Yates
Est
AEC
Talley
Atomic Energy Commission
Duke
Congress
Carl Horne
Charlotte
Federal Power Commission
Dividend Declaration and Ex-Dividend Terminology Summary
Lists terms and codes related to dividends including ex dividend ex distribution and stock dividends. Covers declared paid in stock and cash values on ex dates and notes on special cases such as warrants, rights, and foreign issues. Includes references to arrears and accumulative issues and bankruptcy or reorganization flags.
North Carolina South Carolina Georgia Weather Forecast Update
North Carolina and South Carolina face mainly partly cloudy skies with a chance of showers and thundershowers. Temperatures trend cooler Thursday through Monday with day highs mostly in the 70s to low 80s and mountains at 50s to 60s nights. Rainfall totals reach roughly half an inch in mountains and up to three quarters inch elsewhere, favoring Thursday and coastal periods.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Georgia
Labour Y
Twelve Men Plead Innocent in Racial Conspiracy Case
In Greensboro eleven of twelve defendants plead innocent in U S District Court. Robert Philmore Hill’s arraignment was postponed to Sept 12 for counsel. The group faced charges of conspiring to prevent school integration in Rowan and Cabarrus counties through violent acts.
MENTIONED IN THIS ARTICLE
Greensboro
Rowan and
Cabarrus
U.S. Middle District Court
Robert Philmore Hill
Edwin M. Stanley
Fae
Webster Medlin
Concord
James Wayne Davis
Rt. 2
China Grove
Ray Lee Hornbeak
Ronald Lee Mullis
Donald Paul Stewart Jr
Homer Blackwelder
Concord Area
Mark Wayne Dayvault
Nolan Hardin Saffit
Bobby Gene Wagoner
Kannapolis
Charles Also
Alexander Outen
Clifton Wayne Shaver
Rockwell
Davis
Rowan County
Registrar of Deeds
Stanley
Medlin
U.S
William H. Murdock
Medlin Cale
Hill
FBI
Rowan
Ku Klux Klan
Cotton Futures Open Quiet in New York
Cotton futures opened quiet in New York with no actual trades registered as of the day’s start AP report.
MENTIONED IN THIS ARTICLE
New York
Drexel Furniture Expands with Hospital Bed Venture
Drexel Furniture Co and Ingersoll announce a joint effort to market hospital beds produced by Ingersoll. Drexel, a division of Drexel Furniture, already makes furniture for hotels offices churches and schools through its Southern Desk unit.
MENTIONED IN THIS ARTICLE
Drexel Furniture Co
Senates Hospital Cire “Henge
Ingersoll
Chicago + grove
Associat
Drexel Furniters
Southern Desk
Gilliam named president of SFM A Sales and Marketing Division
THOMAS D. Gilliam Jr of Drexel Furniture Co. is named president of the Sales and Marketing Division of the Southern Furniture Manufacturers Association. He succeeds Robert E. Sachs of Fox Manufacturing Co., who becomes a director. Lyons Heyman of Fox will serve as vice president for another year. New directors include J Wayne Burris, Howard L Gardner, Jim McCall, and Jack Sheer.
MENTIONED IN THIS ARTICLE
Thomas D. Gilliam Jr
Drexel Furniture Co
Southern Furniture Manufacturers Assn
Gilliam
Robert E. Sachs
The
Fox Manufacturing Co
Sachs
Lyons Heyman
John Harmon
American Furniture Co
Martinsville
J. Wayne Burris
Burris Chair Co
Howard L. Gardner
Florida Furniture Industries
Jim McCall
Broyhill Furniture Industries
Jack Sheer
Lee Crafts, Inc
Rockwell Funeral Standoff Fades Into Chaos At Culpeper
In Culpeper Virginia Army units barred Nazi mourners from burying George Lincoln Rockwell as his body remained at the cemetery gate. Gen Carl Turner announced burial would be reconsidered while protesters cried Heil Hitler and MPs arrested several attendees.
MENTIONED IN THIS ARTICLE
Culpeper
George Lincoln Rockwell
Rockwell
Culpeper National Cemetery
Army
Cmdr
Hitler
Turner
Pentagon
Virginia
Mac
Morris
George Dewitt
Dewitt
Ft. Gordon
Oklahoma
Communists Free 997 Prisoners in Saigon-Area Raid
Communist troops moved into the provincial capital under heavy fire and freed 997 prisoners in a bold action aimed at disrupting South Vietnam's presidential election. In the five province war zone there were 29 incidents including strikes on a jail, power station, helicopter field, advisory camp, Seabee camp, and radio station with 70 Vietnamese soldiers killed and 104 wounded. three Americans killed and 44 wounded.
MENTIONED IN THIS ARTICLE
George McArthur
Saigon
Red
South Vietnam
1St Corps
Quang Ngai
Tam Ky
Antipoverty Package Advances Amid Senate Panel Deliberation
The Senate Labor Committee approved a $5.06 billion antipoverty package despite dismissing many presidential proposals. The plan would fund $2.26 billion for current fiscal year, with $2.5 billion over two years for job creation and a $300 million loan fund to rebuild businesses damaged by rioting.
MENTIONED IN THIS ARTICLE
Washington
Senate Labor Committee
Senate
Joseph S. Clark
D-Pa
Clark
New York Stock Index Report At Noon
Market data shows mixed activity at the New York Stock Exchange at midday with small changes across sectors. Industrial shares edge up while transportation and other sectors show minimal movement amid thin trading.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Three Soviet Writers Go On Trial In Moscow
Three Soviet writers went on trial in Moscow as part of a crackdown on an underground literary movement. The defendants named include Alexander Dobrovolsky and Vadim Deione Evgeny Kuschev and Vera Lashkova a 21 year old theatrical production student. The trial cited Article 70 Anti Soviet Agitation and Propaganda with potential penalties up to seven years or more.
MENTIONED IN THIS ARTICLE
Moscow
Alexander Dobrovolsky
Oslo
Gunnar Moen
Norwegian Committee For Solidarity
Dobrovolsky
Vadim Deione
Evgeny Kuschev
Vera Lashkova
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