Market climbs as steels lead early New York trading
The AP average at noon rose 1.4 to 356.8 with industrials up 2.2 rails up 1.0 and utilities up .1, surpassing the prior record closing figure. The Dow and S and P 300 neared closing peaks as trading remained active on a day of near historic highs.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Standard & Poor
Dividend footnotes explain multiple stock and cash disbursement terms
The document lists footnotes for a dividend table defining terms such as extra distributions, stock dividends, and various ex dividend and liquidation scenarios. It includes letters a through nd to annotate special cases like debt bankruptcy, foreign issue taxes, and timing of payments or rights.
NASD Inter-dealer Prices At 10:30 A.M. Today
Quotations from the NASD show representative inter-dealer prices as of about 10 30 a m today. Markets change through the day and prices exclude retail markups markdowns or commissions.
Regional NASD Quotations and Interdealer Bids Today
Quotations assembled by the NASD at about 10:30 a.m. show representative inter-dealer bids and adjusted ask prices. The list includes BRS Studios 3%, Reaman Corp 5M Founders Life NC 573 644, Harris-Teeter Mkts 1842, Henredon Furniture 21a 224%, Kavanagh-Smith Co 335 B34, State Capital Life 26 87h, Thermoplastics Corp 1.9% 2.290.
MENTIONED IN THIS ARTICLE
NASD
Ask
BRS Studios, Inc
Reaman Corp
Founders Life Ins NC
Harris-Teeter Mkts
Henredon Furniture
Kavanagh
Withholding of Funds Discussed in NC Health Controversy
A North Carolina doctor and an assistant U.S. welfare secretary discussed withholding federal Medicare funds from North Carolina until a Negro is appointed to the State Board of Health. Dr John Holloman announced the news at a press conference, citing the all white board and segregation-era appointments as the source of the dispute.
MENTIONED IN THIS ARTICLE
Washington
North Carolina
U.S. Welfare
John Holloman
New York City
Medical Committee For Human Rights
Hubert Eaton
Wilmington
Welfare
James M. Quigley
Eaton
State Board of Health
Waten
Old North State Medical Society
Quigley
State Medical Society
Welfare Department
Medicare
Board of Healths
Kickbacks Charged By Jury In Western Electric Case
A federal grand jury in North Carolina indicted three former Western Electric Co officials in Winston Salem for taking kickbacks from subcontractors. Six subcontractor officials were charged as well. payments said to occur in 1961 and 1962, ranging from an unknown liquid in glass to 1500 dollars. Indictments dated December 3 in the 15th District were sealed until Wednesday. Walter Roland Clitherow, a former Western Electric official, was arrested in San Francisco on a related indictment. Others named include Thomas Alexander Dillon Jr, Nicholas Sterling Sindel, and several firm presidents and managers from Davis Machine Co, Automotive Servicenter Inc, Modern Screw Machine Co, Micron Electronics, and Grayson-List & Co.
MENTIONED IN THIS ARTICLE
Greensboro
Western Electric Co
Winston- Salem
Western Electric
Middle District Court
Walter Roland Clitherow
San Francisco
Thomas Alexander Dillon Jr
Nicholas Sterling Sindel
John J. Davis
Salvatore J. Ree
Davis Machine Co
Saddle Brook
N. J
Howard Glazier
Automotive Servicenter, Inc
Baltimore
Bernard Grosmasr
The
Modern Screw Machine Co
Wallington
George Schiffer Jr
Micron Electronics, Inc
Nutley
Frederick List
Grayson-List & Co
Secauctis, N. J
Soviet writers face shifting risks under Khrushchev era
The piece reviews Russian writers such as Andrei Sinyavsky Yuri Daniel and Alexander Tvardovsky as signs of eased censorship. It notes Ehrenburg’s defiant stance and Pravda’s defense of literary freedom. It highlights Valery Tarsis’s exile book Ward 7 and the oddly growing space for critical voices in Moscow.
MENTIONED IN THIS ARTICLE
Andrei Sinyavsky
Moscow
New World
Yuri Daniel
Lenigrad
Sinyavsky
Lunder Khrushchev
Paris
Ehrenburg
Stalin
Khrushchev
Leonid Imichev
Communist Party
Pravda
Horatic Alger
Valery Tarsis
Bluebottle
Soviet Union
London
Tarsus
Prosecution Claims Sailor Drowned Wife For Insurance
In Charleston the state pressed the murder charge against John Paul Anderson, a 25 year old Worcester sailor, claiming he drowned his bride of two months, Mrs Brenda Minton Anderson, to collect a $190,000 life insurance and noting prior affairs. Witnesses testified he had sought or taken policies on others, and a Hollywood mother said a child she bore was his. A shipmate testified of a claim payment and a raft sighting after Anderson left the water. Anderson claims he left his wife at a raft to run an errand.
MENTIONED IN THIS ARTICLE
Charleston
John Paul Anderson
Anderson
Worcester
Mass
Brenda Minton Anderson
Folly Beach
Mary Jane Kuntz
Hollywood
Fla
Dinos Liollo
Maugham Dies at 91 in French Riviera Villa
Renowned British author W. Somerset Maugham died at his Cap Ferrat villa La Mauresque after a stroke left him unconscious in Nice. He was 91, a prolific writer famed for Of Human Bondage and Miss Thompson, with a career spanning seven decades.
MENTIONED IN THIS ARTICLE
Somerset Maugham
Riviera Villa
Nich
France
W. Somerset Maugham
la Mauresque
Nice
Maugham
Cap Farrar
Concord Dentist Dr W C Houston Dies at 98
Dr W C Houston a retired Concord dentist and faith leader died after a long illness at Cabarrus Memorial Hospital at age 98. He founded the Houston Preaching Mission at Central Methodist Church and helped organize Methodist churches in Cabarrus County. He moved to Concord in 1890 to practice dentistry and helped form Concord Telephone Co in 1897 becoming its president the next year. He also served as vice president of Cabarrus Savings and Loan and Concord National Bank and held a role with Kerr Bleachery. Surviving are his wife Nina Adams Houston. A funeral is at 2:30 p m Friday at Central Methodist Church with burial in Monroe Cemetery.
MENTIONED IN THIS ARTICLE
Concord
N.C
W.C. Houston
Cabarrus Memorial Hospital
Houston
Central Methodist Church
Cabarrus County
Cabarrus Savings and Loan Co
Concord National Bank
Kerr Bleachery and Finishing Co
Nina Adams Houston
Cabarrus Memorial
Monroe Cemetery
Union County
Gemini 6 and 7 Rendezvous Ends in Spaceflight Feat
NASA reports Schirra and Stafford maneuvered Gemini 6 and 7 in a tight rendezvous orbited together for hours. They practiced docking with precise fuel, star tracking and infrared measurements while trading light hearted quips. The crew completed the complex maneuver without incident aboard the Wasp recovery area south of Bermuda.
MENTIONED IN THIS ARTICLE
Schirra
Wasp
Bermuda
Borman
Lovell
Christopher C. Kraft Jr
Stafford
Moon
Blackout in Clayton Area Blamed on Insulator Failure
A blown insulator at the Clayton sub station caused a power shortage that knocked out the Clayton area and silenced two television stations for over an hour. About 2,000 customers lost power, including all of Clayton and nearby areas near Smithfield and Zebulon, as CP and L investigated the cause. WTVD plans to seek auxiliary power to prevent future outages, noting prior interruptions and tests.
MENTIONED IN THIS ARTICLE
Clayton
N. C
Carolina Power and Light Co
Smithfield
Zebulon
WITVD
Durham
Wral-Tv
Raleigh
Roy Pullen
WTVD
Cp&l
Pullen
Comedienne Cass Daley Recovering From Operation
Comedienne Cass Daley is recovering from a seven hour operation for abdominal cancer performed Dec. 6. She is at St. John's Hospital where her condition is good. Daley, 47, is a singer and comedian who appeared with Bob Hope on television last year.
MENTIONED IN THIS ARTICLE
Santa Monica
Calif
Comedienne
Cass Daley
St. John’s Hospital
Miss Daley
Bob Hope
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