Market jumps after Johnson tax surcharge shock
New York AP reports a sharp market drop and rapid rebound as President Johnson proposes a tax surcharge. In the first hour the Dow fell to 802.67 from 812.02, while the day’s volume set a record. Anaconda and Kennecott rose modestly as institutions waited for dips.
MENTIONED IN THIS ARTICLE
New York
Johnson
Dow Jones
Associated Press
Anaconda
Kennecott
New York Exchange Stock Prices and Dividend Notations
The table lists New York Exchange afternoon prices and dividend footnotes with numerous symbols detailing special cases such as extra dividends stock dividends liquidations and rights. It notes annual disbursements based on last declarations and includes footnotes a through ii explaining each symbol and condition.
Stock market summary and bond averages from Associated Press
The snapshot shows stock averages for rails and utilities with noon readings, along with bond averages across several sectors. It lists company names such as John Man, Kaiser, Texaco, TexPld, TexGSul, and ZenithRed, including price values and percentage changes for the session.
MENTIONED IN THIS ARTICLE
Warsv
Ckt
John Man
Johnson
Joy Mfg
Kaiser al
Kayser Ro
Kennecott
KernCld
Kerr Mc
Poesia Coppers
Kresge
Kroger
Lear Sieg
Lehpcem
Val Ind Lehman
Lofgis
Libbmcn
Liggett&@M
Littonin
Lonesga
LongisLt
Sperry Rand
Vaems & Oomele
Studedak
Sun Oil
Sunray
Swift Co 2
Vel Tampa el
YiTteledyne Inc
Tenneco
Texaco
Texetrn
Texasiast
Thiokol
Transwair
Transamer
NS Bie
Bas Tech
UMC Ind
Unocal
UnitAire
US Steel
Unit Whelan
Univopd
E — Ye 'Upjohn
Vanad
Varian Asso
Vendo Co
Va Vaeipw
WarnPic
WarnLamb
WashWat
Lestn
Associated Press
I Rails
Igh
Bio Rails Ind
Utit
Fgn. L. Yd
North and South Carolina Five Day Weather Forecast
Forecast shows fair but cold conditions with a hard inland freeze in North Carolina. Temperatures average below normal through Friday next week with highs in the 30s to 50s and lows in the 20s to 30s. Precipitation under half an inch inland and around half inch or more on the coast with rain mainly Friday and again early next week.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
New York Stock Exchange Index Reported By AP
New York AP bulletin notes Neon Stock Exchange index movement amid industrial finance activity in New York City. Details mention the stock index level and market tone for investors.
MENTIONED IN THIS ARTICLE
NEW York
Neon Stock Exchange Index
Industrial Tr Finance
Bugging issue arises in Baker trial plea bid
In Washington AP era, defense for Bobby Baker moves to dismiss charges amid claims of illegal eavesdropping. Attorneys allege a government agent posed as a client to obtain information, while prosecutors argue the charges target money from campaign funds and tax issues. The trial centers on Baker's income tax evasion case and conspiracy connected to a Kerr loan.
MENTIONED IN THIS ARTICLE
Raymond J. Crowley
Washington
Bobby Baker
Senate
Edward Bennett Williams
Baker
Robert O. Bittman
Wayne L. Bromley
Williams
Bromley
Robert S. Kerr
Oklahoma
Ernest C Tucker
Tucker
Ocean City
Kerr
Fidelity National Bank and Trust Co
Oklahoma City
Okla
William C. Bittman
Bittman
French research balloon lands near Burlington after circumnavigation
A large French research balloon descended near Alamance County history as it completed a 3000 mile voyage from Landes France launched Jan 5. The device carried a radio transmitter barometer and a sun angle instrument. NASA and French space authorities traced its path and recovered part of the payload near Pope Air Force Base.
MENTIONED IN THIS ARTICLE
Burlington
N. C
Sven Indd Bonnee
Jim H. Murray
Archie
Alamance County
China
Mongolia
Pacific
Paris
France
National Aeronautics and Space Administration
NASA
Washington
Murray
Pope Air Force Base
Fayetteville
Aileen Crouse
National Space Center
Landes
Liberty Area
Snow Camp
Bernard Bellot
French National Space Research Organization
Johnson blasts critics as he crews for domestic push
President Johnson defended his domestic agenda in a 70 minute speech marking setbacks and proposing tax and benefit changes. He urged greater funding for Social Security, Head Start, urban renewal, and pollution controls while defending Vietnam policy and warning against fiscal chaos.
MENTIONED IN THIS ARTICLE
Social New York
Johnson
D. Eisenhower
Chamber
Commerce and Labor Departments
Woodrow Wilson
House
Gerald R. Ford
90Th Congress
Senate
Everett M. Dirksen
Vietnam
Russell B. Long
Dla
Clinton P. Anderson
Dn.m
Long
Congress
John J. Williams
R-Del
John L. McClellan
South Vietnam
J.W. Fulbright
Senate Foreign Relations Committee
GOP
Mark C. Hatfield
Oregon
United States
Sarees
America
Dirksen Sees Johnson Speech as Too Long and Detailed
Senate Republicans debate Johnson's State of the Union with Dirksen calling it lengthy and overly detailed. GOP leaders Ford Curtis Carlson Hartke voice doubts about tax increases and war funding and urge closer budget scrutiny and possible economies. Kennedy hails it as a fine summary of challenges.
MENTIONED IN THIS ARTICLE
Washington
Senate
Everett M. Dirksen
Johnson
Dirksen
Congress
House Gop
Gerald R. Ford
Illinois
Republican
Thomas B. Curtis
Missouri
Frank Carlson
R-Kan
Senate Finance Committee
Vance Hartke
D-Ind
Clinton P. Anderson
D-N.m
Edward M. Kennedy
D-Mass
Armored Columns Advance in Iron Triangle Campaign
U S armored columns pushed into the Iron Triangle from the east as the Cedar Falls operation nears day four. The death toll rose to 165 with ongoing patrols and 400 air strikes, including 52 B52 raids. South Vietnamese forces claimed 172 Viet Cong killed and 26 captured across five engagements, the largest yielding 77 enemy dead.
MENTIONED IN THIS ARTICLE
Saigon
South Vietnam
U.S
Iron Triangle
Young lieutenant among troopers holding ground under fire
David H. Keefe a 20 year old second lieutenant from Washington PA stayed with his unit after being hit twice as air strikes and artillery drove Viet Cong from their positions. He refused evacuation and helped evacuate wounded before the battalion regrouped for another attack on a Viet Cong village stronghold about 1500 yards south of their initial position.
MENTIONED IN THIS ARTICLE
David H. Keefe
Washington
Harvey H. Perritt
Alexandria
C Cam
Congress Faces Year With Debates On Social Security Taxes
A political leader speaks on national challenges this year endorsing Social Security and anti crime measures while urging careful study of proposed tax changes. He notes the nation faces ongoing fiscal and security concerns and emphasizes prudent deliberation.
MENTIONED IN THIS ARTICLE
Congress
Also Mentioned on This Page
American Exchange
New York Exchange
St Cdg
Bu— Hupp
The
CBS
Magmac
MartinMar
McCon Co
McKess
Arklgas
Mead Co
Asamera
Merck C
Barnes Eng
Eaves Control
CrouvseHd
Cinerama
CrowCol
Crown Cork
Mohasco
CrownZe
Monsan
Montout
Cudahy Co
MontPow
Dan Air
Goldfield
Daycoop
Deere
MeadJohn
DiamArk
Disney
NewPark Ma Se
Dow Chem
Ewberg
Drexel
Statham
Duke Pw
Nycent
Syntex Cp
duPont
Niag MP
Technicol
Norfik
NA Avia
Nortngas
Nor Pac
OSSI
East Air
Nsta Pw
WY Eastgf
Va Northrop
Ekodak
Eatonia
Eg&g
Norton
Elbonds
v /Norwich
Elpasong
eniGian
ErieLack
Eversharp
Mar
Va FairCam
Wa Fair Hill
tae _— i
Va Fedders
Pact&t
Fia
Peac Coal
FMC Cp
Penne
FoodFair
PepsiCo
FreepSul
PriliPet
PhilMorr
Genanilf
Gen Cig
GenDynam
Elec
Pitts Steel
Procter
Publkind
Oollien GenPrec
Abbott Lab
Stel el
Ralston P N
Abex Cp
Gen Tire
Rayonier
Mega Pacific 1B
Raytheon
Gerber Pd
Readi
Sa Admiral
Getty Oil
Reich
Air Reduc
Republii
AlcanAlum
Glen Ald
Goodrich
Graceco
Allied C
Grantwt
Allied
Gt West Fint
GtwSug
Berestee
RyderSys
Am Bosch
Am Bosch .60 204 + ve Grumaire
Va Safeway
GulfStaUt
SanFran
Schering
Hertz
Seeburg
Shell Oil
T&t
ShellTra
Houst LP
AmZinc
Sinclair
AMP Inc
Ampex
Anken Chem
Armcurt
Armour
Eedes Dia
Ve Ashland Oi
Atchison
Ve ‘Avon Pd
Batt GE
Ewes Bendix
Beth St
Bigelow S
Borden
Irmeel
Weeee Co
Eee
ChrisCraft
Seles
Enue
Smithk
Soprsua
Zia
Rages Soucale
IdahoPw
South He Ideal Cem
IliCenind
SouthPac
South R South Ry
InterikSt
Wie Cp
White M
VelsonCo
WilsonCo
WinnDix
Woolworth
Worthing
Xerox Corp
ZenithRed Ja
New York Stock Index
Bellot
Tom Heinsheimer
M.I.T