Market slips and gains mix amid Vietnam tension
A mid day stock update shows the Dow up 1.33 to 862.46 after morning losses, with the AP 60 up 0.2 as industrials slip. Traders cite Vietnam military worries and the Pueblo incident as ongoing market headwinds. Aero and tech issues show mixed moves and airline shares react to tax proposals.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Vietnam
Control Dia
Teledyne
AMK Corp
Armour
Benguet
Sperry Rand
Gulf and Western Industries
Studebaker Workington
Republic Corp
Unclear NYSE Dividend Notes and Stock Details
Unofficial sales figures and multiple footnotes describe ex dividend and stock dividend terms, cash value estimates, and 1967 1968 payables. Several company names and figures appear scattered, with references to ex dividend rights warrants and related stock distributions amid dubious OCR text.
Insurance Stock Swap Is Approved
Greensboro AP plan for exchange of stock on a share for share basis between Jefferson Standard Life Insurance Co and Jefferson Pilot Corp was approved by directors. The plan awaits public hearing and approval from the North Carolina commissioner of insurance before becoming final. The 1967 General Assembly enabled such an exchange and could broaden growth and tax advantages for the combined entities.
MENTIONED IN THIS ARTICLE
Greensboro
N. C
Jefferson Standard
Jefferson Pilot Corp
Jefferson Standard Life Insurance Co
Jefferson Pilot
North Carolina Commissioner of Insurance
Jefferson Standard Life
General Assembly
American Fid. Life
Carolina Freight
Colonial Stores
Eckerd Drug
Equitable Leasing
First Union Bank
Franklin Life
Gulf Life
Gwaltney PR
Mc Hardee’s
W. Roger Sales
Hatteras Yacht
Henredon Furn
Jefferson Ltd. Life
Ford
Fu- Bay
Windsor
Ture
Carolina
Lil General
Piedmont Nat. Gas
Op- Quality Mills
Jefferson Roberts
Standard Life Insurance Co
Security Life & Trust
Pilot Life Insurance Co
Jeffers Wachovia Bank
Standard Broadcasting Co
North Carolina Broadcasting Co
Hanes Raises Prices on Women’s Hosiery in First Increase
Hanes Corporation announces its first price increase for the Hanes brand hosiery. President James E. Gibson cites rising costs as the reason. Key items move from $1.35 to 1.50, 1.65 to 1.75, and 1.95 to 2.00 per pair with other line prices noted.
MENTIONED IN THIS ARTICLE
Hanes Corporation
James E. Gibson
Hanes
Mr. Gibson
Weet Place
Intercity Truck Tonnage Rises in North Carolina Week
Weekly freight data show North Carolina intercity trucking tonnage up by 7.1 percent for the week ending January 27, surpassing the prior week’s volume. Trucking firms report steady demand and higher load levels across routes.
MENTIONED IN THIS ARTICLE
North Carolina
Cotton futures slip at the open in New York
No. 2 cotton futures opened lower with prices showing declines from the prior close. The May contract traded around 32.75 to 32.59, while nearby quotes for other months ranged from about 31.50 to 33.00, reflecting a broad drop in early trading.
MENTIONED IN THIS ARTICLE
New York
ME. Een
Eds
Cereess
Regional Forecast Smoothed Through Midweek
NORTH CAROLINA remains partly cloudy to mostly cloudy with scattered showers along the coast tonight and Wednesday. Lows range from 38 to 43 near the coast and mostly in the 30s elsewhere. SOUTH CAROLINA cools tonight with inland 35 to 40 and coastal low 40s. GEORGIA provides clear to partly cloudy skies and cooler highs 54 to 64 Wednesday with lows 28 to 36 north and 36 to 42 south.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Abbott Lab
Abex Cp
Admiral
Gt West Fin
Gt West Unit
A Alcoa
Greyhound A
Am Bosch
GuilWin 3d
Ameipw
Halliburt
Harris Int
Hecla M
Herc Inc
IngerRand
ArchDan
Insnam
Tektronix
Arm Ck
Texaco
Texasiast
T&t
Atlas Corp
T&t Ch
Textron
Avco Cp
ITE
Th. Furn. Inds
Avnet Inc
Thiokol
Timk
Balock
Jewel Co
Transwair
Balt GE
Jonnshn
Transamer
Fds
Beckman
Va Jones L
TriCent
BeechAirc
TRW Inc
Bendix
Bell
Unit Co
Ugascp
Lear Sieg
Unit MM
Borax la
US Steel
Li Litton
Va Livingst
Upjohn
Caro T&t
Varian Asso
Noeteee Carter W
VaelPw
CaterTr
Lorillard
Lucky
WarnLamb
XeroxCp
McCall
ClevEllit
McDond
Yngstsne
Lee
Pal
Zenith
Associated Press
CBS
North Carolina
South Carolina
Georgia
Eyes on Goal in Fixed Course Stays the Course
A sports or guidance column urges sticking to a chosen plan. It argues there are ups and downs but no room for in and out approaches, emphasizing consistency and persistence in pursuit of goals. The piece uses motivational tone common to coaching or self discipline columns.
City Strikes Waste Crisis as Hospitals Warn of Hazard
Mayor Lindsay orders drivers to comply with an emergency measure amid a 10 000 ton daily waste pile up while Health Department officials warn of infectious hazards in hospitals. Governor Rockefeller’s aides are consulted with no Guard deployment planned. State Supreme Court Justice Streit halts the strike temporarily calling it illegal to the public’s detriment. Union lawyer Paul O'Dwyer represents the workers.
MENTIONED IN THIS ARTICLE
Lindsay
Health Department
National Guard
Nelson A. Rockefeller
Supreme Court
Saul S. Streit
Paul O’dwyer
Saigon Faces Mass Refugee Influx Amid Civil Unrest
Tens of thousands flee southern Saigon toward the city center as police, Viet Cong attacks, and burning shops drive residents from homes. Officials report 47 000 refugees in shelters with food prices spiking two to fourfold while corn stocks remain.
MENTIONED IN THIS ARTICLE
Saigon
Pararesa
Cholon
U.S
Accused Dentist Testifies At Hearing In North Carolina
Charlotte AP report on the North Carolina Board of Dental Examiners hearing charging Dr. George T. Nash with improper work and overcharging in a federally funded antipoverty program. The panel denied a motion to drop charges against Nash and the defense began Nash testimony with X-ray film evidence to be shown. The case involves Drs. Hawkins and Stinson as co defendants.
MENTIONED IN THIS ARTICLE
Nash
Julius Chambers
Charlotte
Stinson
Chambers
Port charges paid by US face Senate probes
A senate subcommittee plans to summon four federal agencies to explain why the government pays port charges on American goods sent to foreign countries. President Johnson urged Congress to tax travelers abroad to curb the drain, proposing a rising levy up to 30 percent for expenditures over 15 dollars per day. The government paid about 7.1 million dollars in port charges on shipped food in fiscal 1967, with costs expected to rise.
MENTIONED IN THIS ARTICLE
Washington
Senate
Associated Press
Johnson
Congress
Union Walks Off After Court Order In Wage Dispute
A 10 000 member union walked off the job after a court order, claiming the court misuses authority. Leader O Dwyer insists the strike reflects workers will not a single leader. The union seeks 600 annual raise while the city offers 400. Pay scales from 6424 to 7965 after three years. Old contract expired June 30.
MENTIONED IN THIS ARTICLE
O’dwyer
Charlotte Branch Bank Robbery in Park Road Shopping Center
Two masked gunmen robbed a First Union National Bank branch in Charlotte at Park Road Shopping Center. The suspects fled in a tan Chevrolet as police set up a dragnet. Bank officials report a large amount stolen with audit underway.
MENTIONED IN THIS ARTICLE
Charlotte
First Union National Bank
Park Road
FBI
Rocky Mount Rail Workers Walk Off Job
About 150 Seaboard Coast Line employees in Rocky Mount walked out as part of a company wide strike by the Brotherhood of Railroad Trainmen protesting reduced work crews. Pickets lined the passenger station yard and shops while schedules were disrupted in Charleston and North and South Carolina.
MENTIONED IN THIS ARTICLE
Rocky Mount
N.C
Seaboard Coast Line Railroad
Seaboard
Brotherhood of Railroad
M. S. Jones
Mount
North Carolina
South Carolina
Charleston
Bennett Yard
SCL
Florence
Jacksonville
Seaboard Strike Over Crew Cuts Spurs Rail Tension
In Richmond, AP reports at SCL corporate HQ W Edward Rachels cites a broad strike risk. Union leaders in Jacksonville FL, SCL HQ, say the action protests reduced train crews after the Seaboard Air Line and Atlantic Coast Line merger formed last July.
MENTIONED IN THIS ARTICLE
Richmond, Va
Seaboard Coast Line
BCL
W. Edward Rachels
Jacksonsville
Fla
SCL
Seaboard Air Line
Atlantic Coast Line
Also Mentioned on This Page
Stock Market Report
American L. Exchange —I
NEW York — Exchange
Sears Roe la Seeburg
Sharon Sti
Sherwawm
Sinclair
Amithi
Sfi
SS Eeerand
Stevens
Nat Steel
Curtis Pub
Va Curtiss Wr
Arkages
Eeeee Deere Co
Rit DelteAir
Novstatel
Savelin
Neer NwBan
Duke Pw
OklaNnGs Wa Fed
Felmont Oil
I. Ta 1854
Otis Elev
Frontier Air
Qwensili
Giant Yel
Gest Air
Gulf Am C
EatonYa
GulfReste
Eg&g
el BondShr
el Pasong
Pan Am
Hydromet
Emer
Parke Davis
Islam Corp
End Johnson Ee
ErieLack
Midh Sutor Evans
Rei
Pennzoil
Pepsico
Ric Gr
Ryan Cetz
Phila el
Phil Rdig
PhilMorr
Phill Pet
Pitts Steel
Ralstonp
Aytheon
Rexall
GenMot
ReyCiav
ReyDut
RyderSys
Ga Pacific
Eese Gerber
Gillette
Glen Ald
Stlsanf
Geedrich
Goodyr
Ih Scheniey
Tg Ky GraceCo
Schering
Scientifome
Gta&p
Scott Papernist
Ind
Ind. Bey Fgn. L. Ye
Leek
Sponte Peter Eet
Peete Ee Eens
Heeeeseeens
Sse
NEW York —Stock Index
York
Peter Arnett
Sears Roebuck & CO
General Motors
American Telephone Security Life & Trust Phone US
J. Sturgis May & CO
Eekee 6Th
N. Car. Bank
High Point
Financial and Business Review
Sonal
Rie
United States
Canada
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