Stocks of the Week Highlights Five Firms and Bets
The Electronic Stock Evaluator selects five securities for superiorFundamental value and market interest. Brown Shoe Co Inc shows $5.51 earnings last year with $6.10 expected. Ward Foods diversifies beyond bakery with $2.37 earnings and about $2.75 forecast. Chock full o Nuts improves via expansion and $0.60 dividend. Hart Schaffner Marx forecasts $2.50 per share with a $1.00 dividend. Swift & Co projects $2.40 earnings with $1.20 dividend for the coming year.
MENTIONED IN THIS ARTICLE
Brown Shoe CO. Inc
ESE
Ward Foods, Inc
Hart, Schaffner & Marx
HSM
Swift & CO
SWX
Colleges Granted $121 450 By Firm
Privately supported liberal arts colleges and universities received checks totaling 121450 from Household Finance Corp. manager R L Williams announced. Checks ranged from 100 to 1000 based on full-time enrollment. since 1956 gifts exceed 1 million. Recipients include Bennett College Greensboro College Guilford College High Point College Salem College Wake Forest University.
MENTIONED IN THIS ARTICLE
R. L. Williams
Household Finances Corp
S. Main Street
HFC
High Point
Bennett College
Greensboro College
Guilford
Security Quotations From The NASD Inter-dealer Prices
Quotations from the NASD show representative inter-dealer prices around 3 p.m. Thursday. Markets change through the day and prices exclude retail markup or commissions. Listed are various financial and industrial names with bid and asked ranges, including Carolina, Piedmont, Northwestern, and Wachovia, among others.
Red Cross Idea Born From Solferino After War Suffering
Henri Dunant, a Swiss youth, conceived an aid organization after witnessing the wounded at Solferino on June 25 1859. Four years later the concept became a reality forming the Red Cross.
MENTIONED IN THIS ARTICLE
The
Red Cross
Henri Dunant
Solferino
Public accountants admit Floyd Craven and firm notes
Bowman Blue and Fulp CPA announced the admission of Floyd Thomas Craven as partner. Craven, a High Point College graduate from Coleridge, resides with his wife Mary Albright and daughter at 2312 N Centennial St High Point. Business notes cite October bond sales and quarterly dividends from Guardsman and Arwood Corp earnings projections. D W Brosnan, Southern Railway CEO since Oct 1967, has retired.
MENTIONED IN THIS ARTICLE
Bowman, Blue and Fulp
Certified Public Accountants
W. Green Dr
Floyd Thomas Craven
C.P. A
Craven
Coleridge
High Point College
N. Centennial St
High Point
Mary Faye Albright
D. W. Brosnan
Southern Railway Co
Drexel Enterprises reorganizes management amid corporate moves
The Drexel group announces immediate organizational changes with Charles L. Haywood named general manager of the Drexel Furniture division and W. Graham Clayton Jr. appointed chief executive officer as the board remains vacant. Jim Peed is vice president and director of merchandising, with David Zagaroli and Thomas Gilliam in product roles. Sam F. Teague Jr. becomes director of sales administration and customer relations. Richard L. DeBell moves to vice president for corporate marketing planning. Indian Head Inc. declares quarterly cash dividends on common stock and Series A preferred stock after its merger with Obear-Nester Glass Co. Obear-Nester operates glass plants in East St. Louis and Lincoln, Illinois. The Piedmont Association of Nurserymen plans its final meeting of the year at Mayfair Cafeteria in Thomasville, with officers to be elected.
MENTIONED IN THIS ARTICLE
Charles L. Haywood
Drexel Furniture
Drexel Enterprises, Inc
Jim Peed
Merchantising
Drexel
David Zagaroli
Case Goods
Thomas Gilliam
Sam F. Teague Jr
Richard L. DeBell
Drexel Furniture Co
Indian Head Inc
Obear-Nester Glass Co
Indian Head
Obear-Nester
East St. Louis
Lincoln, Ill
Piedmont Assn. of Nurserymen
Mayfair
Southgate
Thomasville
Trade Winds Action Not Words Say Devaluation Looms
North American Newspaper Alliance reports that hot money and international gambling funds are betting on a lower dollar. Bonds trade around 75 to 85 cents with yields near 5.8 percent as leaks in Paris fuel talk of a $35 per ounce gold price, while U S deficits and Johnson rhetoric unsettle market trust.
MENTIONED IN THIS ARTICLE
Lou Schneider
Alliance
NEW York
Hot Money
United States
U. S
Paris
Congress
Johnson
Also Mentioned on This Page
Electronic Stock Evaluator Corporation
Rockville Centre
Red
O’nuts Corp
Salem College
Wake Forest University
Thomasville Furniture
Hornblower & Weeks
Hemphill Noyes
New York Stock Exchange
W. Gaston St
Greensboro
Geo. G. Jones
Mgr
Charles E. Diffendal
Associated Press
Aerotron Alba
Efird
American
Carolina Casualty Ins
Carolina Freight Carriers
Carolina Natural Ges
Carolina Pwr
Carolina Steel Central Carolina Bank Central Vermont Chatham Mfg. Co
Coastal Plain Life Ins
Cole Drag One Life
Accid
Colonial Stores
T Ptdt
Commonwealth Durham Life Sives Bankers Life
First Citizens Bank
First Mortgage
First Union Nat
Fox Stanley
Franklin Life Franklin Ney Garfincke
Northwestern Bank Occidental Life Peoples Penobscot Shoe Oe Foscoe Hoton
Piedmont Aviation Piedmont Natural Gas Public Service of N.C
Quality Mills Roberts Co
Rockwell Mfg
Rose’s
Rowe Furn, Security
Sds
Security Life & Trust
Sonoco
Sort Paper Co
Southern Frontier Fin
Southland Life State Capital Life State Loan & Fin
A” Sterling Inc
Fund Textiles, Inc
Thermo Plastics Trans. Bus Sys
Triangle Brick U.S. Realty Vermont American Wachovia Bank Walker
Shoe Western Power & Gas
U.S
North Carolina
Guilford County
Guardsman Chemical Coatings, Inc
Guardsman
Arwood Record
Arwood Corp
William O. Sweeny
Ray Hubbard
W. Graham Clayton Jr
Indianhead
Britain
Roosevelt
Amsterdam
Wue Ces
Point Bank
General
Amhurst ST
Norman G. Samet
Pres
R. R. Richardson, V. Pres
E. C. Lane
Jefferson Standard
Lane
Professional Life Insurance Service
Hayden Place
Lyon
Reo. P. Clark C.L.U
South Main Street
High Point, North Carolina
Llco General Insurance
High Point, N
Oslo
John W. Herndon
Paul Owen
Investors
Sanneee
Austin T. Swaim
Larry B. Wells
A. Neal Jelle
J. Sturgis May & CO
Stocks & Bonds
North Carolina Bank
John Diffendal
Travelers
Hartford
Conn
Piedmont Insurance & Realty Company
North Wrenn St
Life Insurance
Group Insurance
Me Ality
Rolls-Royce
Transco
N. Main St
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