IBM Stock Hits Year High On 9 Point Rise
IBM rose 9 points to a new annual high as brokers linked strength to an upside chart breakout and possible stock split. Airlines including Northwest, National, and TWA gained, while Pan American Eastern United inched ahead. Xerox, Chrysler, GM led automotives. Dymo and Pennzoil climbed. Cornings Glass added 4. Trade on the American Stock Exchange was irregularly higher with mixed corporate bonds and steady government bonds.
MENTIONED IN THIS ARTICLE
IBM
Northwest Airlines
National Airlines
TWA
Pan American
Eastern
United Air Lines
Xerox
Chrysler
General Motors
Dymo Industries
Pennzoil
Corning Glass
American Stock Exchange
U.S
NEW York
New Hope Dam Bill Signed Amid Flood Control Push
President Johnson signed a $25.143 million bill authorizing New Hope Dam construction to control flooding on the Haw River basin in North Carolina. The plan envisions a single dam near the New Hope River mouth forming a 30,000 acre reservoir, spanning Chatham Wake Orange Durham counties and railroads, to aid flood containment and river basin works.
MENTIONED IN THIS ARTICLE
Austin
Tex
Presi
Greensboro
Arbande
New Hope Dam
North Carolina
Am Tel & Tel
Avco Co
Burl Ind
Rocky Burroughs Corp
Congress
Ue P&l
Cates
Haw River
Hope River
Monecure
N.C
Columbie
Chatham
Cornl Credit
Bom
Wake
Orange
Durham
Curtiss
Dan Riv Mills
Raleigh
Douglas Aire
Burlington
Dow Chem
Duke Pow
DuPontden
East Air
Eastman Rod
Firestone
Plan to Withdraw Bomber Fleet Shrinks U S Air Power
From ran E LA, 54,000 dependents and 3,000 American civilian employees. Plans call for withdrawing 48 B 57s, 14 F100 tactical fighters and 1 C134 troop transport, deactivating the 5th Air Force B57 wing. Sth Air Force at Fuchu bases Japan as bulwark of U S air power, with Fidis high speed fighter bombers to take over bomber roles. three Fidis squadrons assigned, no nuclear weariness believed stationed.
MENTIONED IN THIS ARTICLE
Rane LA
5Th Air Force
U.S
Sth Air Force
Fuchu
Tokyo
Japan
Fire destroys Marcus Building in Charleston blaze
Fire erupted in the three story Marcus Building in downtown Charleston and burned for about four hours. One firefighter was injured when a rear wall collapsed, with at least four others treated for wind whipped spray exposure and a burned hand. The blaze, aided by a 28 mph northeast wind and freezing rain, was under control before noon, but the building and Marcus drug store were considered a total loss. Insurance covered about 300000 in the building and drug store investment, owner John D Marcus said. The fire did not spread to the nearby bank building or other offices.
MENTIONED IN THIS ARTICLE
Charleston
Marcus
Charleston County
South Carolina National Bank
East Bay St. Financial Area
John D. Marcus
Insurance
Marcus Drug Store
Union Leaders Suspended
New York AP report details suspension of leaders of a 10.00 percent local of the AFL-CIO Communications Workers of America after internal voting irregularities. The action comes amid unrest within the union rank and file and prompts oversight by higher union authorities.
MENTIONED IN THIS ARTICLE
New York
Afl-Cio
Communications Workers of America
Blood-Stained Shirt Evidence Linked to Murder Case
In Chapel Hill a blood stained shirt is entered as evidence in the murder case of Frank Joseph Ri. Detectives say the shirt may show a nosebleed from his wife the night of the incident. The report includes union activity notes and weather details from Chicago and the Southeast, with references to Local 1101 and the CWA.
MENTIONED IN THIS ARTICLE
Chapel Hill
Aynaldi
University of
North Carolina
Frank Joseph Ri
Howard Pendergrath
Recorder's Court
J. 5. Stewart
Rinaldi
Bassett Names New Officers
Bassett Furniture announced three new directors and five new vice presidents to strengthen leadership after acquiring Prestige Furniture Co of Newton North Carolina. Two directors and three vice presidents come from Prestige, expanding upholstered furniture capabilities while Bassett refines its Northern Plains to Eastern distribution strategy.
MENTIONED IN THIS ARTICLE
Basset
Bassett Furniture
Plains
Dustries
Midwest
Prestige Furniture Co
Newton, N.C
Bassett
New York
Tures
Tual Trades
Rome Jones
Pretige
Fred Bunch Jr
Marder
Jones
Joseph Meadors
Bache & Co
Bee
C. C. Bassett
B. M
Rinaldi told of $20,000 policy on wife before marriage
Testimony at a preliminary hearing shows Ri naldi discussed a life policy taken out July 3 before his July 31 marriage. Mrs Rinaldi's body was found in their apartment the day before Christmas. Police Capt. Coy Durham said Rinaldi showed no emotion after the discovery. A Chapel Hill agent recalled Rinaldi exclaimed, Oh God, somebody killed my wife and robbed her.
MENTIONED IN THIS ARTICLE
Pendergrath
Rinaldi
Coy
Durham
Roy Cole
Recorder’s Court
J.S. Stewart
Barnby Winston
John Sipp
Chapel Hill
Sipp
Deaths and Funerals in North Carolina and New Jersey
A. Docken of Linwood North Carolina died Monday at North Carolina Fin ishing Co. at Yadkin. He was a Rowan County native and Moose Lodge member. Survivors include wife Melissa Beck mother Pauline Snyder of Salisbury father John L. Beck of Spencer and brother M. T. Beck of Spencer. Carl L. Brown 45 former High Point NC resident died yesterday at his Hackensack NJ home. He served in World War II and lived in Hackensack since discharge. Survived by wife Linda Brown daughter Linda, stepfather Linda Davis of High Point, brother Robert Brown of High Point, sisters Louise Spencer Juanita Spencer Della Linebeck of High Point, half brother Jonah Davis and half sisters Marie Wray Maxine Spencer of High Point. Funeral Thursday at 2 pm in Hackensack. Body remains at Hill and Stewart Funeral Home until the hour of the funeral.
MENTIONED IN THIS ARTICLE
A. Docken
Lexington
J. L. Beck, Jr
Rt. 1
Linwood
North Carolina
Carl L. Brown
Hackensack
Car L. Brown
High Point
N. C
Linda Brown
Linda Davis
Robert Brown
Louise Spencer
Juanita Spencer
Della Linebeck
Jonah Davis
Marie Wray
Maxine Spencer
Hill and Stewart Funeral Home
Televising Jack Ruby Trial Debate Split Nation
The Dallas court ruled against televising the Ruby trial yet public opinion remains split. Proponents say TV would inform on proceedings while opponents fear it would turn the trial into spectacle and undermine justice amid Kennedy's assassination aftermath.
MENTIONED IN THIS ARTICLE
Jack Ruby
Dallas
John F. Kennedy
Oswald
News-Argus Plans Sunday Morning Edition Expansion
Goldsboro North Carolina based News-Argus will start a Sunday morning edition in March and drop Saturday afternoon editions. The paper will add a magazine supplement color comics and a feature section with expanded local national and international news coverage. Sports and women’s activities will widen. News photos will be received via Wirephoto and AP wire services will increase from one to three.
MENTIONED IN THIS ARTICLE
Goldsboro
N.C
Goldsboro News-Argus
Hal Tanner
News-Argus
Tanner
Associated Press
Katy Sue the cotton queen bids for 1964 glory
Katy Sue recalls a boyhood fight while preparing for the 1964 Maich appearance at the Cotton Bowl in Dallas. She will tour to promote cotton, prize items include a complete wardrobe and a convertible, and she will serve as a star member of the Memphis Cotton Carnival court in May.
MENTIONED IN THIS ARTICLE
Katy Sue
Dallas
Memphis
Arnival
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Iover
National Association of Securities Dealers, Inc
Ford Motor Morcade
Gen Foods
Gen Tel & Tel
Goodrich BF
Goodyear T&a Ie
Allied Sec. Ins. Co
Greyhound
Allvac Metals Co
Avy ‘Airlines
Gulf Oil Corp
American Fid. Life
Ewership
Tel & Tel
Carolinas Capital
Kayser Roth
Colonial Stores
Rene
Liggett & Myers
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Lockh Air Lorillard
Martin Marietta Lean Trkbeeen
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Life
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Chance, Inc
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