Market Opens With Broad Gains On Strong Trading
The New York stock market opened with solid gains as trading stayed active. Leaders included American Motors up 13 percent, American Airlines up to 31, Scientific Data at 148, Campbell Red Lake at 25, and Martin Marietta up 20 with fractional gains by Pan American World Airways, McDonnell Douglas, Occidental Petroleum, Martin Marietta, and St. Regis Paper.
MENTIONED IN THIS ARTICLE
New York
American Motors
American Airlines
Scientific
Campbell Red Lake
Martin Marietta
Pan American World Airways
McDonnell Douglas
Occidental Petroleum
St. Regis
SingerCo
Gen Mills
M Smithk
Soucale
GenPrec
al South Co
Soungas
South Ry
Gen Tire
Spartan
Starand
Gett
Alam
Glen Aldwi
Glen
Qyyxu
Goodyr
StOulOh
Vo GraceCo
Stan Warn
Granites
Af StauffCh
Grant
Gt A&p
Stevensj
Va Gt West Gt Nor R Int
Swift Co
Arenes
Gulf Orron
GulfStart
Tampa el
GulfWin
Tektronix
Teledyn
Nelle Tenneco
Halliburt
Texaco
Harris
Texetrn
Hecla M
Tex G Sul
Texasinst
Holt Electra
Holt Inn
Holt
the Furn India
Homestic
Thiokol
Honeywi
Timk
Abbott Lab
Hook Ch
Transwair
Abex Cp
House Fin
Houston P
Agmillis
Howmet
AlcanAiym
Allied C
UnionPacit
Insnam
Eae Ab
Uniroyal
Bosch
John John
Awe
Jon Logan
Sea — A US Steel
Jones L
Upjohn
Joy Mfg
Ies
Vape Sa Varian Asso
Kerr Mc KimbCik
Kroger
Armco
Lear Sieg
Weyerhr
Armour
WinnDix
Arm Ck
Woolworth
Lehman Cp
Assad DG
Lofgiss
Atchison
Atl Rich
Ty Litton
Atlas Corp
Cones Cem
Associated Press
Lonesga
LongisLt
Lorillard
Lucky
Beckman
Lukens
Beo Bell
Bendix
MackeCo
Beth
Magmac
Magnavx
Asc
Maratha
Old Borden
BorgWer
Metal A. BucyEr
McDond
Bullera
Bved Co
Mead Cp
Buri Ind
Merck
MGM
Morrell
Cenco Ins
Chris Craft
Chrysler
Nlead
Nat Steel
Clark
Colg Pal
Coleinto
Norows
CBS
NoAmRock
Col Gas
NorPac
ComSotv
NoStePw
ComwEd
NwBan
Norton
Owenstii
Crown Cork
Pacpwl
Pact&t
Panasul
H Vdahy Co
Curtis Pub
Curtiss Wr
Disney
Duke Pw
Pitts Steel
Va Dunnitt
euPont
Va Publkind Mat
EAC
Air
RCA
Ralston P
Eatonia
Rayonnae Poe Ae
Aolilics Rohr Cp
Goveces
Fairhill
SCM Cp
Ulanca
Institutional Stock Trading Sparks Regulatory Spotlight
Pressure grows over how large blocks of shares traded by mutual funds banks insurers and trusts affect stock prices. SEC chief proposes a broad study while NYSE president backs it and fund managers support scrutiny of performance driven trading. New rules require funds to report daily weekly or monthly transactions beyond quarter end holdings.
MENTIONED IN THIS ARTICLE
New York
Manuel F. Cohen
Securities & Exchange In
Mission
Harvard Business School
SEC
Druggist and Wife Stop Bandit in Seattle
A Seattle druggist Robert Strom and his wife, while driving, halted a bandit fleeing with narcotics and cash. Strom shot the man in the face with a .30 caliber rifle as he attempted to flee in a car behind the store. the bandit crashed into Mrs. Strom, was pinned on the street by the couple until police arrived, and remained in critical condition at King County Hospital. Neither Strom nor his wife were harmed.
MENTIONED IN THIS ARTICLE
Seattle
Robert Strom
Strom
King County Hospital
Heritage Furni Co Rearranges Management And Staff
Fred M. Councill announced immediate organizational changes at Heritage Furni Co Division Drexel Inc Ralph Gurley becomes vice president and director of industrial relations Hester Davis named credit manager Max Oakley appointed merchandising coordinator Harold Pitzer named upholstery coordinator Gurley has served since 1946 and previously vice president and director of industrial relations
MENTIONED IN THIS ARTICLE
Fred M. Councill
Heritage Furniio Co
Drexel , Inc
Foll
Ralph Gurley
Heritage Organization
Heritage
Hester Davis
Max Oakley
Harold Pitzer
Pilot Life official T H Warth elected to division committee
T H Warth, High Point district manager for Pilot Life Insurance, has been elected to serve on the companys combination division field committee. He will meet periodically with Pilot officials to discuss operating procedures, new products and review recommendations from field representatives.
MENTIONED IN THIS ARTICLE
T. H. Warth
High Point
Pilot Life Insurance Co
Warth
Licensing Passed for Edgar W. Sower in North Carolina
Edgar W. Sower of The Life Insurance of Security Dealers is licensed in North Carolina to sell mutual fund shares of the First Fund of Virginia, a new mutual fund established by Life of Virginia.
MENTIONED IN THIS ARTICLE
Edgar W. Sower
Life Insurance of Security
North Carolina
First Fund of Virginia
Life of Virginia
Underwriters Meet High Point Life Association
Underwriters will meet Thursday at noon at the Sheraton Hotel. Speaker Daniel W. Haley CSA assistant trust officer with North Carolina National Bank Greensboro discusses Split Funded HR-10 Plan.
MENTIONED IN THIS ARTICLE
High Point Assn. of Life
Sheraton Hotel
Daniel W. Haley
CSA
Haley
North Carolina National Bank
Greensboro
Ten States Account For Most Deaths in Vietnam War
The Pentagon lists California leading with 1,289 Vietnam battle deaths, followed by New York 988, Pennsylvania 814, Texas 789 and Illinois 703. The top ten states total 7,099 of 13,634 hostile deaths from 1961 to Sept. 30, with nonhostile deaths and other states also noted.
MENTIONED IN THIS ARTICLE
Bob Horton
Washington
California
U.S
Vietnam
Pentagon
New York
Pennsylvania
Texas
Illinois
Ohio
Michigan
Florida
New Jersey
Indiana
Southeast Asia
Alaska
Guam
Virgin Islands
Puerto Rico
Georgia
Kentucky
Louisiana
Maryland
Massachussetts
Minnesota
Missouri
North Carolina
Oklahoma
South Carolina
Tennessee
Virginia
Wisconsin
House moves to revise pension bill boosting Social Security
Washington AP report says the House plans quick passage of a revised Social Security bill increasing benefits at least 13 percent with new minimum and maximum monthly payments and higher payroll taxes. Conferees reach a compromise with the Senate. final action may occur this week or be delayed into next year. Senate Leader Mansfield expects prompt action after House approval.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Congress
Mike Mansfield
Greek reinforcements arrive near Papadopoulos stronghold
Greek troops move toward the center as soldiers and police gather outside the national telecommunications center, near the junta leader Col. George Papadopoulos who headed the April coup.
MENTIONED IN THIS ARTICLE
Junta
Col
George Papadopoulos
National Telecommunications Center
Johnson vows to stay the course amid Vietnam war critics
President Johnson told AFL-CIO delegates in Miami Beach he will not be deterred by critics or polls as he defends his Vietnam policies. He urged labor to help elect a "great Congress" in 1968 while predicting wage restraints would meet labor resistance.
MENTIONED IN THIS ARTICLE
Neil Gilbride
Associated Press
Miami Beach
Fla
Johnson
Afl-Cio
Organized Labor
House of Labor
Congress
Vietnam
George Meany
LBJ
Lyndon
Labor Federation
Hanoi
U.S
Washington
Central Texas College
Killeen
Tex
New Orleans
Dodd Withdraws Libel Counts Against Newsmen
Senator Thomas J. Dodd withdraws all three libel counts in his 2 million libel and conspiracy suit against columnists Drew Pearson and Jack Anderson due to lack of funds. He keeps charges of conspiracy to steal documents, seeking up to 1 million in compensatory damages if proven. The withdrawal follows a district court ruling on summary judgment.
MENTIONED IN THIS ARTICLE
Thomas J. Dodd
D-Conn
Drew Pearson
Jack Anderson
John F. Sennett
Dodd
Alexander Holtzhoff
U.S. District Court
Pearson
Anderson
Seven Nation Gold Pact Squeezes France Over Dollar Support
The Times reports a Basel Basel seven nation gold agreement to curb gold sales and credits to protect the dollar. US Britain West Germany Italy Switzerland the Netherlands Belgium ban future gold sales on credit and bids for others central banks. France faces pressure to align with dollar or weaken franc in global finance shift.
MENTIONED IN THIS ARTICLE
London
The
Times of London
U.S
the Times
United States
Basel
Switzerland
U.S. Treasury
Britain
West Germany
Italy
Netherlands
Belgium
France
Times
Gen. de Gaulle
Middle
Far East
Weather forecast for several southeastern states
North Carolina eyes fair cool conditions with nights near 30s to mid 40s and milder Thursday. South Carolina reports fair cool nights with 40s and Thursday remains clear to partly cloudy and mild. Virginia shows fair tonight with 30s and Thursday cooler on the east. Georgia expects clear to partly cloudy and a touch warmer through Thursday with lows around 40s and highs near 60s.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Also Mentioned on This Page
Coun Best
Stock Market Report
Business Mirror
John Cunniff
Ray Hubbard
Touse
Sen
Fred Foster, Jr
New York Stock Exchange
North Main Street
N.C
J. Sturgis May & CO
Sornree
North Carolina Bank
High ‘Point
Aeroarione
Union National
First Union National Bank
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