Market broad advance boosts Dow to near 920 on J anuary optimism
The Associated Press average of 60 stocks rose 1.6 to 328.7 at noon as the Dow Jones industrial average gained 7.11 to 916.03. Strength came from prospects of Viet Nam peace talks and growing economic demand with blue chips leading while oils and materials rallied and Glen Alden and Riegel Paper were notably active.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Vietnam
American Stock Exchange
Glen Alden
Dow Jones
Riegel Paper
Boise Cascade
American Telephone
New York Exchange Dividend Footnotes and Coding
The article lists various footnote codes used for dividend classifications in New York Exchange figures. It explains annual rate calculations, special or extra dividends, and multiple letter designations such as a for annual plus stock, c for liquidating, x for ex dividend, y for ex dividend and sales, and many others including vi for bankruptcy, nd for next day delivery, and nd for next day.
NASD Prices Reflect Interdealer Quotes at 10:30 AM
Quotations from the NASD show representative inter-dealer prices as of about 10:30 am today. Market quotes shift throughout the day and prices exclude retail markups, markdowns, or commissions.
Drexel Reports 1967 Sales and Earnings Decline
Drexel posts net sales of 78.41 million in 1967 versus 80.55 million in 1966 and net earnings of 5.164 million versus 5.393 million. Earnings per share fall to 3.64 from 3.80, while dividends per share remain at 1.60.
MENTIONED IN THIS ARTICLE
Ee Associated Press
Rails Util
Ind. Util. Fon. L
Drexel
New Ad Agency Formed By Dick Sargent Associates
Dick Sargent Associates launches to handle broadcasting accounts in High Point Greensboro and Winston Salem with Dick Sargent as president. The firm based at High Point Sheraton Hotel lists three Sears Roebuck stores as initial clients and marks Sargent as a former WGHP TV operations manager and producer director.
MENTIONED IN THIS ARTICLE
Dick Sargent
Showroom Stylist Constance Engleby Promoted at Bassett
Constance S. Engleby has been named showroom stylist for Bassett Furniture Industries in Bassett Virginia. She succeeds Gilbert A. Gray in the role and assumes duties immediately.
MENTIONED IN THIS ARTICLE
Constance S. Engleby Haseen
Bassett Furniture Industries
Bassett, Va
Gilbert A. Gray
Monroe couple chosen for State Farm Bowl trip
Mr. and Mrs. Ed Monroe of Rt. 1 Trinity are selected by State Farm Mutual Auto Insurance Co. to attend the Super Bowl in Miami Florida on January 14. They join one couple from each of the other twenty regional offices for the trip.
MENTIONED IN THIS ARTICLE
Ed Monroe
Rt. 1
Trinity
State Farm Mutual Automobile Insurance Co
Miami
Fla
Monroes
State Farm
Fire Destroys Tenement Home to 24 Families
Fire from page one describes a blaze that forced firefighters to stay outside as flames roared through a ground floor paper carton factory and rapidly spread upward through the tenement housing 24 families. Firefighters used 39 pieces of equipment in an arduous battle.
Wheeler named to SBA National Advisory Council
Committeeman John H. Wheeler president of Mechanics and Farmers Bank of Durham North Carolina has been named to the National Advisory Council of the Small Business Administration. Wheeler was announced on Monday by North Carolina senators Sam Ervin and B Everett Jordan.
MENTIONED IN THIS ARTICLE
Washington
John H. Wheeler
Mechanics & Farmers Bank of
Durham
N. C
National Advisory Council of
The
Small Business Administration
Wheeler
North Carolina
Sam Ervin
B. Everett Jordan
Appointment in North Carolina art panel picks Lemans
Raleigh AP reports Gov. Dan Moore named Mrs. James H. Lemans of Durham to the North Carolina Art Museum Commission on Monday.
MENTIONED IN THIS ARTICLE
Raleigh
James H. Lemans
Durham
North Carolina Art Museum Commission
Dan Moore
Raleigh appoints Maurice W. Horne as corporations attorney
Maurice W. Horne, 29, a Columbus County native, was named corporations attorney in the North Carolina Secretary of State office, succeeding Clyde Smith who was promoted to deputy secretary of state. The announcement came Monday.
MENTIONED IN THIS ARTICLE
Raleigh (Ap
Maurice W. Horne
Thad Eure
Horne
Columbus
Clyde Smith
Dow Jones Averages and Stocks Snapshot
Stock market page shows Dow Jones averages with rail and utility figures. The record lists various sector values and price changes with brief percentage shifts, reflecting mixed movement across industrials rails and public utilities.
Forecast for the Carolinas and Virginia with mixed precipitation
Northern and southern portions of the region face rain and mixed precipitation tonight and Wednesday. Lows range from the mid 20s to mid 40s, with cooling in Virginia and warmer highs in Georgia, where rain and sleet are expected to continue.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Florida Panhandle
Alabama
Mississippi
Texas
Mississippi Valley
Ohio Valley
Chicago
UNC To Get Dormitories In Charlotte Campus Expansion
Washington AP reports HUD approved a $1.7 million loan to build two 12 story dormitories at UNC Charlotte. Each residence hall will house 500 students and mark the first on campus housing for the new UNC system branch, with state funds matching the loan.
MENTIONED IN THIS ARTICLE
Washington
University of North Carolina At Charlotte
Department of Housing and Urban Development
University of North Carolina
Birth of John Tilman Anderson
Mr and Mrs John Anderson announce the birth of their son John Tilman on January 8 at the local hospital. Mrs Anderson is formerly Brenda Ikner of Whiteville.
MENTIONED IN THIS ARTICLE
John Anderson
Charles Sr
John Tilman
Northeast Braces for Record Cold as Schools Close
The Associated Press reports extreme arctic air gripping the Northeast forcing school closures from New England to New York. Temperatures plummet with Watertown and Massena near 34 below before dawn, while NYC records its coldest Jan 8 on record.
MENTIONED IN THIS ARTICLE
Associated Press
New England
Watertown
Massena
New York
Albany
N.Y
Scranton
New York City
Seaboard
Viet Cong Strike Traps U S Platoon Near Saigon
Viet Cong guerrillas ambushed a U S infantry platoon landing in a marsh near the Saigon River. A 10 hour battle left 17 Americans dead and 27 wounded, with at least 26 guerrillas killed. Helicopters supported the defense as reinforcements arrived.
MENTIONED IN THIS ARTICLE
Saigon
U.S
U.S. 9Th Infantry Division
Hlicopters
9Th Division
William R. Desobry
Mekong
1St Corps
U.S. 196Th Light Infantry Brigade
Hiep Duc
da Nang
Blaiberg’s Condition Improves After Key Heart Transplant
Cape Town reports Dr. Philip Blaiberg's condition continues to improve days after the world's third heart transplant at Groote Schuur Hospital. The 58 year old retiree in noted progress may be sent home in about two weeks if stable and can soon sit in a chair.
MENTIONED IN THIS ARTICLE
Cape Town
South Africa
Philip Blaiberg
Groote Schuur Hospital
Blaiberg
Christiaan N. Barnard
One of 12 Expected To Be Key Witness
Salisbury AP report notes Robert P. Hill the only guilty plea among 12 charged with conspiring to disrupt school integration in Rowan and Cabarrus counties. Trial began for 10 others with Hill present in court. testimony cited a cross burning threat and a terrorist shooting during fall 1966 integration era.
MENTIONED IN THIS ARTICLE
Salisbury
N. C
Rowan
Cabarrus
Robert P. Hill
FBI
Hill
Rowan County
Johnny Brines
Concord
South
Fred Bost
Brines
Stewart
Bost
Homer D. Blackweldjer Jr
Klan
Klavern
Robert T. Lemmon
China Grove
Lemmon
s.O.b
Also Mentioned on This Page
Stock Market Report
Ener
Vendo Co
Vaeipw
WarnLamb
Wat
Maydstr
Maytag
McCall
ClevEtiil
McDond
MGM
ComSolv
Mohasco
Montout
Monsan
Aerojet
Cudahy Co
Nat Steel
Ajax Ma
Curtis
Curtiss Wr
Am Petr
Ve Nevada P
Arki Gas
Samera
Nenge
AssdOil
AtlasCorp
Pag Ning
NorfolkWst
BrazilLtPw
NoAmRock
DeltaAir
Nongas
Chile
Nor Pac
DetEgis
NoStaPw
Javelin
Det Steel
Northrop
Cinerama
DiaSham
Disney
Dist Seagis
Norton
Norwich
Duke Pw
Fargo Oils
Dunhill
Valocemo
Algae
Felmont
Srconett
Isram VW
Emer el
Panasul
Kaiser Ind
End Johnson
ErieLack Ds Ma
Ium
MichSug
ParkeDavis
Mohnk
Sci
Eversharp
F. PennDix
Pancoastal NewPark
Pwlt
FairHill
Pennrr Scurry Rain
Pennzoil
Signaloila Ta Jatham
Fedders
PerfFilm
Technicol
SyntexCo
Ferro Co
Prizerc
FinPwit
FMC Cp
FoodFair
GenDynam
Raytheon
Gen Mills
Rexall
Geneseo
Gertyoll Nes
Ion Gillette
Royuut
Abbott Lab
Glen Aid
Rydersys Abex Cp
Ind
Goodrich
Safeway
Agmullis
GraceCo
A&p
Schering
Gt West
Allied C
Vai Scm Co
Allied
Irc
Scott Paper
Allis Chal
Guif
Alcoa
Airlin
Bosch
Snett_ Ol
Halliburt
Haris
Hecla M
Sinclair
AmCyan Ameipw
AmEnka
Smimnic
Glecke
Hell Holly
Seeree Ee
Aminost
Eomeek
Soungas
SourPac
South Ry
Am Motors
AmNatGas
Houston LP
ASK Am News
Howmet
Parry StBrand
Amer
Fidelity Life
Allies
T&t
Ideal
St P
Carolina Freight
AMK Cp
AMP Inc
StevtiCn
Ampex
Cp Am Rand
First Union
Anacon
Stude Worth
Gulf Life Ins
Anken Chem Ho Lie
Insnam
interikSt
ArchDan
Hardeen
Armco
Swift Co
Hattaras Yacht
Armour
Arm Ck
Tampa
Henrendon Furn
le liv
Tektronix
Jefferson Stard Life
Atlas Ch
Atlas Corp
Life & Casualty
Avco Cp
Jonn Jonn
N. C. Nat. Gas
Ale Furn
Inds
Babck
Doe
Jones L
Piedmont Aviation
Jostens
TransWaAir
Piedmont Nat
BeechAirc
Ty Life
Bell
TRW Inc
Tri Cent
Bendix
TwenCent
Thermo Plastics
Wachovia
Kerr Mc
Borden
KimoCik
BorgWar
Koppers
Kresge
UnionPacit
BristMyer
Kroger
Brunswick Bed
Ve Jai
BucyEr
Sone
Lear Sieg
Unit UnitAire
Lin
Bullard
Bulova
Burland
Burroughs
Lofgiss
Cero T&t Caorplt
Lukens
Macke Co
Macy
Ea Cerro Cp
Certleed
Cessnad
Maratha
MarathOll
Chris Craft
American — Exchange
By Ray Hubbard
New Ad Agency
L_Stock Index
New York Stock Exchange
Transportation
Utility SP
Finance
Dow-Jones
Indust
Py Fay
el Ciak Ares S Dgighuscah
UNC
Barnard
Blaiber
Mike Kasperak
United States
Kasperaks
Fred Foster, Jr
Homson & McKinnon
North Main Street
High Point
N.C
Sears Roebuck & CO
General Motors
American Telephone Security Life & Trust
J. Sturgis May & CO
N. Car, Bank Bldg
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