Market rally flags as Dow eyes November low
New York stocks rose in a tentative technical rally amid mixed results. The Dow hovered near the early loss threshold as blue chips rebounded with gains while losses outpaced advances and concerns over Vietnam Korea and the fiscal situation lingered. The AP average edged up as Penn Central and IBM showed mixed moves.
MENTIONED IN THIS ARTICLE
New York
Dow
Vietnam
Korea
Associated Press
Penn Central Transportation
Pennsylvania
IBM
New York Stock Exchange Snapshot and Mixed Trading
A dense OCR style list shows New York Stock Exchange quotes with numerous tickers such as Abbott Laboratories Am will amid varied prices and percentage changes. The page reads like a stock board with multiple company codes, prices, and daily shifts for investors.
AP Stock Averages and Bond Figures from AP News
The AP reports stock and bond averages with figures for indeces and sectors, noting notations such as ex-dividend and ex-distribution. It includes quick references to liquidating dividends, stock dividends, and paid cash values while labeling certain figures unofficial and highlighting market indicators.
Broughton Pushes Four Lanes for U S 17 in NC
Democratic gubernatorial candidate Mel Broughton Jr. urges four-laning U S 17 as a priority to spur eastern North Carolina growth. The Raleigh attorney says the region has lagged in prosperity since 1940 and vows action if elected governor.
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N. C
Mel Broughton Jr
North Carolina
U. S
Broughton
Jacksonville Kiwanis Club
Raleigh
Weather outlook for Southeast states with rain and warmth
Forecast shows cloudy conditions across North Carolina South Carolina Virginia and Georgia with occasional rain or showers tonight and Friday. Warmer highs reach 55 to 65 in Virginia and 66 to 72 in Georgia while northern areas cool Friday night with lows 46 to 62 and scattered thundershowers mainly in the north.
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North Carolina
South Carolina
Virginia
Georgia
Piedmont Natural Gas approves 1968 budget and dividends
Piedmont Natural Gas announces a 1968 construction budget of 6.25 million dollars including 353 thousand for the High Point district. President Buell G. Duncan projects 1968 operating revenues around 36 million and a per share dividend of 22.5 cents.
MENTIONED IN THIS ARTICLE
Piedmont Natural Gas Company
High Point
Buell G. Duncan
Duncan
Piedmont Woul
Knox Named District Manager for Life Insurance Firm
Jack Knox accepts appointment as district manager for Standard Life And Casualty Insurance Co and returns to his former home at 2202 Van Buren St High Point. He has seven years in life insurance, including four as a Salisbury area branch manager.
MENTIONED IN THIS ARTICLE
Jack Knox
Standard Life and Casualty Insurance Co
van Buren St
High Point
Salisbury
Delaware senator proposes smaller income tax hike amid budget clash
Delaware senator prods tax reform with lower rate hike plan in Senate speech
MENTIONED IN THIS ARTICLE
Ben Jon
Willamsohn
Johnson
Delaware Republican
GOP
Senate
Williams
Congress
Everett M. Ksen
John
Dividend Declared by First Union National Bank
The First Union National Bank declares a 27 cents per share dividend to holders of record February 16 1968 with payment due March 11 1968. R Alexander Jr is named as the mortgage officer in charge at the High Point office.
MENTIONED IN THIS ARTICLE
First Union National Bank
R. Alexander Jr. Jacrmine
High Point
Truth In Lending Bill Strengthened In House Vote
Washington AP report notes the House advanced a far reaching Truth In Lending bill under debate. It expands the Consumer Credit Protection Act to require clear disclosure of interest and charges, with the contention over garnishment limits unresolved. A key vote, 135 to 19, approved including revolving credit and first mortgages in the coverage. Led by Rep. Leonor Sullivan the measure broadens advertiser responsibility for disclosed charges.
MENTIONED IN THIS ARTICLE
Hous
House
Wilbur D. Mills
D-Ark
Ways and Means Committee
Russell B. Long
D-La
Senate
Washington
Congress
Leonor K. Sullivan
D-Mo
Viet Cong clash tightens grip around Saigon airfield
U S Infantry reported Viet Cong soldiers in Chi Lang ordering residents from homes at dawn. Fighting raged in Cholon and a brewery near Cho Ray Hospital was seized by guerrillas as Vietnamese Air Force bombed and strafed the area. U S civilians reported helicopters making frequent machine gun and rocket attacks on thatched houses nearby. Unofficial accounts claim a Viet Cong unit killed a tank unit commander north of Tan Son Nhut and shot his wife and six children. About four Viet Cong held up near President Thieu's Independence Palace resisting House.
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Chi Lang
Cholon
Cho Ray Hospital
U.S
Tan Son Nhut
Nguyen van Thieu
Hippies Carry The U S Mail In San Francisco
The Post Office reports hipies delivering mail in San Francisco in flamboyant outfits. Assistant postmaster general Richard J. Murphy, back from the West Coast, said he was surprised by the carriers seen on main streets.
MENTIONED IN THIS ARTICLE
Washington
San Francisco
Richard J. Murphy
West Coast
McNamara’s somber Vietnam posture report to Congress
Defense Secretary McNamara said Viet Cong attacks slow pacification in rural areas and heighten insecurity in cities. He noted uneven progress since 1965, urged stronger South Vietnamese actions, and stressed expanding South Vietnamese forces and youth draft deployment while defending current battles won.
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Robert S. McNamara
McNamara
Congress
Saigon
United States
Senate Armed Services Committee
Defense Appropriations Subcommittee
Johnson Administration
Vietnam
South Vietnam
McNamara Anf
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Pentagon
Federal minimum wage rises again to 1.60 by 1971
The piece outlines the ongoing federal minimum wage increases starting from 1.15 to 1.30 in 1969 and eventually to 1.60 by 1971, covering 33 million workers with overtime at time and a half after 40 hours. It notes mixed industry reactions and lists newly covered sectors such as hospitals, hotels, restaurants, and large farms.
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Congress
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