Stocks of the Week: Major Department Stores and Industrials
May Department Stores faces margin pressure as earnings dip to $2.15 per share for the year ending Oct 1967 from $3.04 prior. GAO reports $2.95 per share for the year ending Sept 1967 with $3 next year. Jostens posts $1.20 vs $1.07. Green Shoe $1.75 on Aug 1967. Sheraton $1.00 with ITT bid valued at 0.2606 ITT shares per Sheraton. Dividends: May $1.60, Jostens $0.50, Green Shoe $1.10, Sheraton $0.50.
MENTIONED IN THIS ARTICLE
May Department Stores Co
ESE
General American Oil Co
Texas
GAO
Louisiana
Stockton, Whatley, Davin
Green Shoe Mfg. Co
GSR
Stride Rite
Sheraton Corp
SHR
Midwest
International Telephone and Telegraph Corp
ITT Common
Sheraton Common
Security Quotations From Interdealer Markets
A fragment from a financial page lists inter dealer market quotations and stock names including Carolina Power and Light, Central Vermont, First Bank and Trust, Franklin Life, Franklin Realty, Hatteras Yacht, and Henredon Inv. The July dated note references price movements and retail markup or commission implications in closing or intraday trades.
MENTIONED IN THIS ARTICLE
Associated Press
Et Pron
Gas Carolina Pwr
Steel Carolina Central Soretine Bank
Central
Vermont
Coastel
Pisin Life Ins. Co
Cherd Drugs
Faviabie Leasing Farmers New World
Fideti Spermers Life
Franklin Life Franklin Realty Garfinckel
Georgia
Eet Hardeessys
Morris-Teeter Hatteras Yacht
Steel Hike Brings Restraint Appeal
AP reports President Johnson urged restraint on prices and wages as steel price increases spread. U S Steel led a $5 a ton rise on cold rolled sheet with others following. He pressed labor and business to curb wage demands and price gains to avoid a spiral.
MENTIONED IN THIS ARTICLE
Jack Lefler
NEW York (Ap
Johnson
U.S. Steel Corp
Business Council
Afl-Cio
Beach
Fla
I. W. Abel
Abel
Housing Head Is Threatened
Asheville Housing Authority chairman Dr Joseph Schandler says he will quit over threats against him and his family. He reports calls from public housing tenants complaining of maintenance problems and a caller threatened his life and the lives of his wife and two children.
MENTIONED IN THIS ARTICLE
Asheville (Ap
Joseph Schandler
Asheville Housing Authority
Schandler
Autos production rises with eight millionth vehicle
U S motor vehicle output last week reached 239,301 units, marking the eight millionth calendar year vehicle. The AMA reports 197,806 passenger cars and 41,495 trucks and buses, with prior week totals 151,577 cars and 29,037 commercial vehicles.
MENTIONED IN THIS ARTICLE
U. S
Assn
AMA
Fraser fir and other North Carolina Christmas trees thrive regionwide
North Carolina grows Fraser fir and other species for the Christmas tree trade due to favorable soil, topography, water, and elevation. Fraser fir, discovered by John Fraser in western North Carolina, is prized for blunt needles, strong limbs, dark blue green color, and fragrance, with pruning required over eight to twelve years to reach maturity.
MENTIONED IN THIS ARTICLE
North Carolina
John Fraser
North Carolina sales manager named for Life Insurance Co
John A. Cocklereece of Miami Florida is appointed North Carolina regional sales manager for Life Insurance Co of Carolina. He is Greensboro native, Hartford trained, former vice president to Life Insurance Co of Florida and Southern Life. He and wife Jane Dunham and two children will reside in Greensboro.
MENTIONED IN THIS ARTICLE
John A. Cocklereece
Miami Fla
North Carolina
Life Insurance Co
Carolina
Cocklereece
Greensboro
Life Insurance Agency Management and Agency Officers
Hartford
Conn
Life of Carolina
Agencies For Life Insurance Co. of
Florida
Miami
Southern Life
Cockbereece
Miami Asn. of Life Underwriters
Miami Executives Club
First Methodist Church of
South Miami
Jane Dunham
Drexel Enterprises Names Vice Presidents for Divisions
L A Inscoe and N Clark Hatcher were elected vice presidents of Drexel Enterprises Inc at a board meeting last week Inscoe becomes general manager of manufacturing for the Consumer Case Goods Division while Hatcher leads manufacturing for the Institutional Division.
MENTIONED IN THIS ARTICLE
L. A. Inscoe
N. Clark Hatcher
Drexel Enterprises, Inc
Inscoe
Hatcher
Drexel Enterprises
Ginsburg Among Attendees at Optometry Congress 1968
Dr. Marshall E. Ginsburg of High Point is registered for the 45th annual Southeastern Educational Congress of Optometry to be held February 10 to 13, 1968, at the Marriott Motor Hotel in Atlanta.
MENTIONED IN THIS ARTICLE
Marshall E. Ginsburg
High Point
Marriott Motor Hotel
Atlanta
Warhover to Join Hanes as Vice President Finance
William B. Cash of Hanes Corp announces Robert E. Warhover will become vice president finance at Hanes on January 8. Warhover, 49, is currently financial vice president and treasurer of Keebler Company in Elmhurst Illinois, joining Keebler in 1949 as assistant to the president and advancing to assistant treasurer.
MENTIONED IN THIS ARTICLE
William B. Cash
Hanes Corp
Winston-Salem
Robert E. Warhover
Keebler Company
Elmhurst
Til
Hanes
Warhover
Keebler
United Biscuit Company For America
Williams attends convention of Armstrong Cork Co. distributors
G. S. Williams of Peerless Inc is in Lancaster Virginia for the 46th annual convention of wholesale distributors of Armstrong Cork Co line of resilient flooring materials and related products. About 500 distributors guests and Armstrong marketing representatives are attending.
MENTIONED IN THIS ARTICLE
G. S. Williams
Peerless, Inc
Lancaster
Armstrong Cork Co
Armstrong
Inflation Trend Will Continue
Economists foresee ongoing inflation as a dollar devaluation risk if the Mills LBJ surtax battle blocks the proposal. Dirksen warns dollars may falter in foreign centers if Congress sinks the plan, with the Federal Reserve hinting at tight credit to curb rising prices. An auto price rise is expected post year end due to new safety belts.
MENTIONED IN THIS ARTICLE
Lou Schneider
Alliance
New York
Senate
GOP
Everett Dirksen Ofllinois
Congress
LBJ
Federal Reserve
William Martin
Washington
House
Ways & Means Committee
Wilbur Mill
Federal Reserve Board
Pardner James Retires After 24 Years With Burlington
F M Pardner James retires from active service after 24 years with Burlington. He earned the nickname Pardner in youth for his habit of greeting people with How are you Pardner and the sobriquet stuck References to his personnel work and long service.
MENTIONED IN THIS ARTICLE
F. M
Pardner” James
Burlington
Airman Daryl Davis Dies in Vietnam Pentagon Says
Washington AP report says Airman Sen Daryl Davis husband of Huntersville North Carolina has died in Vietnam. The Pentagon states his death was not caused by enemy action and the cause remains undisclosed.
MENTIONED IN THIS ARTICLE
Washington (Ap
Daryl Davis
Huntersville
N. C
Vietnam
Pentagon
Keebler Director Appointed as Treasurer and Leader
A senior executive serves as treasurer while also holding the directorship at Keebler. The announcement highlights his dual roles and ongoing leadership duties within the company.
Also Mentioned on This Page
Jostens, Inc
JOS
Con
Higbie Manufacturing Co
Bundy Corp
Pittsburgh Plate Glass Co
United Auto Workers Union
General Motors
By Ray Hubbard
Carolina Sales
Optometry
James M. Roche
Ford Motor
Malcolm L. Denise
UAW
Treasury
Thomasville Furniture
Hornblower & Weeks
Hemphill Noyes
New York Stock Exchange
W. Gaston St
Geo. G. Jones
Mgr
Charles E. Diffendal
Paul Owen
J. Sturgis May & CO
North Carolina Bank
Pardner
Austin T. Swaim
Larry B. Wells
A. Neal Jelle
Cail
E.C. Lane
Jefferson Standard
Security
Robert A. McCuiston
Point Bank
Lane
I Saesial Conateuiliae Ci. Ae
General
Amhurst ST
Norman G. Samet
Pres
R. R. Richardson, V. Pres
John W. Herndon Agency
General Insurance
John, W. Herndon
Guilford Technical Institute
Jamestown
John Diffendal
Auto Homeowners
The
Travelers
U Piedmont Insurance & Realty Company
North Wrenn St
Saclors
High Point, North Carolina
Professional Life Insurance Service
Reo. P. Clark C.L.A
Hayden Place
Lyon
TSM Ea
Group Insurance
Antes
Rae UM
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