Auto Industry Suffers Another Bad Week
A wildcat GM parts plant walkout idled over half of GM's 240000 auto workers. Auto sales fell 21 percent from 1966, production hit a five year low, and major manufacturers announced layoffs and plant closures as demand and orders declined. GE cut 2700 Louisville jobs while broad business spending slowed and inventories rose.
MENTIONED IN THIS ARTICLE
New York
General Motorsparts
Ford Motor Co
Chrysler
Detroit
American Motors
General Electric Co
Louisville, Ky
Business leaders weigh LBJ odds and GOP 1968 race
Trade Winds reports private business leaders doubt LBJ will get full cooperation for 1968 and note labor opposition and rising food prices. They flag tax issues for unmarried voters and discuss Romney Reagan Rockefeller Lindsay as White House timber. Potential GOP ticket Percy Reagan discussed.
MENTIONED IN THIS ARTICLE
Alliance
New York
Johnson
LBJ
Chicago
Democratic National Committee
Organized Labor
White House
Agriculture Department
Michigan
George Romney
California
Ronald Reagan
Nelson Rockefeller
John Lindsay
Jacob Javits
Sen
Javits
Charles Percy
Illinois
Percy- Reagan
Morgan Named Vice President for Two High Point Firms
James D. Morgan Jr has been named assistant vice president of Floral Garden Park Cemetery and Taylor M Simpson Co in High Point. He will oversee memorials at the cemetery and supervise property at the realty firm. Morgan is a High Point native and Point College graduate. he taught briefly before joining Simpson. He and his wife Phyllis teach at Ledford High School. they have a daughter Gretchen and reside in High Point.
MENTIONED IN THIS ARTICLE
James D. Morgan Jr
Floral Garden Park Cemetery
Taylor M. Simpson Co
High Point
Taylor M. Simpson
Simpson
Morgan
Fi Phyllis
Ledford High School
Gretchen
Rt. 2
Security Quotations Over The Counter Stocks
Inter-dealer NASD quotations as of 3:00 p.m. Thursday show prices reflective of inter-dealer markets. Values exclude retail markup and commissions. Listings include Aerovox Alley Peps American and Bird American Fidelity American Land Automatic Service Furniture and more.
MENTIONED IN THIS ARTICLE
Associated Press
NASD
Aerovox Alley
Peps
American & Bird
American Fidelity
American Land
Furniture
Natural sonar used by oilbird, Britannica notes
Encyclopaedia Britannica reports the oilbird, a nocturnal cave dweller in tropical regions, is the only bird known to use natural sonar akin to bat echolocation to avoid collisions at night.
MENTIONED IN THIS ARTICLE
Encyclopaedia Britannica
McDonald’s reports 1966 record earnings and sales growth
McDonald’s Corporation posted 1966 net earnings of 4 511 734 up 33 percent from 1965 after a 3 for 2 stock split. per share income was 1 82, with 1966 volume reaching a record 218 506 873 and average unit sales at 278 780. Fourth quarter revenue totaled 11 356 730 with 57 790 697 in sales volume. 124 new units raised total restaurants to 862.
MENTIONED IN THIS ARTICLE
McDonald’s Corporation
McDonald’s
Junits
Education for Children Opens Fewer Paths for Non-Graduates
The article notes dwindling career options for non graduates as the emphasis on higher education grows and families seek better schooling for their children. It discusses the shift toward college degrees and the impact on practical trades and skilled labor.
Marine Killed in Vietnam Action
Washington AP reports Marine Lance Cpl. Larry E. Fowler husband of Mrs. Larry E Fowler of G Shepherd and son of Mr and Mrs Herbert F Shepherd of St Pauls North Carolina was killed in Vietnam action according to the Defense Department on Friday.
MENTIONED IN THIS ARTICLE
Washington (Ap
Defense Department
Lance Cpl
Larry E. Fowler
4Th St. S. E
G. Shepherd
Herbert F. Shepherd
E. Broad St
St. Pauls
N. C
Vietnam
Also Mentioned on This Page
Sally Ryan
William H. Shaw
General Electric
Whirlpool Corp
Campbell Soup
Neer Aes
Swood
Sauy
Robert A. McCliston
High Point Bank
J.d.morgan
Crown
OUR
Inland Steel Co
Hornblower & Weeks
Hemphill Noyes
New York Stock Exchange
W. Gaston St
Greensboro
Geo. G. Jones
Mgr
Charles E. Diffendal
McDonald's
Ray Hubbard
Robert L. Green
Green
AMS Meeting
W. A
Bill) Ross
IBM Corp
High Point Chapter
Administrative Management Society
Sheraton Hotel
Ross
University of Florida
IBM
Navy
Navy Computer Command and Control System
Burlington Industries
George W. Gillie
Allen B
E.C. Lane
Lane
Occidental Insurance OF
North Carolina
Home Office
Raleigh
C. Joe Honeycutt and Associates
Gatewood Ave
J. Sturgis
Stocks & Bonds
North Carolina Bank Bi
Thomas R. Broadwater
Ralph Hoggard
Hoggard
Fayetteville
Professional Life Insurance Service
Geo. P. Clark
Lyon
Mutual Life Insurance
America
New England Life
Auto Homeowners
The
Travelers
Hartford
Conn
John Diffendal
Piedmont Insurance Phone & Realty Company
North Wrenn St. High Point
John W. Herndon Agency
General Insurance
North Main Street
High Point, N. C
John W. Herndon
C. Hawkins
Ford
Jay Wood
Steenay
Group Insurance
Edgar T. Docbrow
Od Mac Fd Insurance CO
First Union National Bank Ile