Dow Up as Tech and Motors Lead Market Rise
Stock market edged higher at midday with the Dow Jones up about 1.3 points near 931.13 as gains narrowed losses on the New York Stock Exchange. Motors electronics and tobacco led advances while airlines slipped on fare‑discount worries amid mixed results from INA Corp and insurers.
MENTIONED IN THIS ARTICLE
ED Morse
Wisiter New York
Dow Jones
New York Stock Exchange
Wall Street
American Airlines
Eastern United
Pan American
INA Corp
INA
Levin-Townsend Computer
Securities & Eschange Commission
Levin Townsend
New York Stock Exchange sees wide price shifts and trading activity
The Associated Press reports mixed gains and losses across key stocks led by large finance and technology firms. The market shows notable movements in banks Wachovia and others, with overall activity reflecting cautious investor sentiment and ongoing earnings analysis.
North and South Carolina Weather Update with Bank Directors
Forecasts show mostly cloudy skies across the two states with chances of rain and warmer temps in eastern portions. North Carolina highs reach upper 40s to mid 50s elsewhere, while mountains see rain chances and lows near 49. South Carolina expects increasing cloud cover on the coast and northwest, with showers likely in the west. In Durham and Charlotte regions, notes mention a native of Durham and UNC Chapel Hill graduate active in the Red Cross, Wachovia naming James J. Harris and Edward M. O’Herron Jr. as directors, plus three senior vice presidents named, including Wayne A. Corpening of Winston-Salem.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Jorth
Durhar
University of North Carolina At
Chapel Ill
Early
High Point Kiwanis Club
Red Cross
Wachovia
James J. Harris
Edward M. O'Herron ,Jr
Charlotte
Wayne A. Corpening
Winston
Piedmont S&L reports assets rise to 14.7 million
Piedmont Savings and Loan Association announced total assets of 14,708,556 as of December 31, 1968, up 13.3 percent from 12,967,095 a year earlier according to the association’s annual report.
MENTIONED IN THIS ARTICLE
Piedmont Savings and Loan Association
Association
High Point executive joins Colonial Motor Freight Line
Colonial Robert G Hyde of Rt 3 High Point has joined Colonial Motor Freight Line as traffic representative for clients in High Point Asheboro Randleman Siler City and Greensboro. A Trinity High School graduate he was formerly with Cone Mills Corp and the Johnson Motor Lines terminal in Thomasville. Hyde is married to Nancy Hahn of High Point and they have two sons. EXTENDED FORECAST NORTH CAROLINA Temperatures from Thursday through Monday will average above normal with 50s inland and 57 to 67 on the coast. Nights 33 mountains and 40s elsewhere along the coast. A gradual warming then colder by Monday with three quarters inch or more precipitation likely as occasional rain or showers Thursday and weekend into Monday.
MENTIONED IN THIS ARTICLE
Robert G. Hyde
Rt. 3
High Point
Colonial Motor Freight Line, Inc
Asheboro
Randleman
North Carolina
Mornday
Ojai-San Luis Obispo
Los Pai T
Dres National Forest
Navy
U.S. Forest Service
Sespe Creek
John Scott Eckersley
Ojai Community Hospital
Wachovia declares 25 cent quarterly dividend
The Wachovia Corp directors announce a quarterly dividend of 25 cents per share up from 22.4 cents last quarter. Payment is Feb 17 to shareholders of record at close of business Feb 5. Wachovia Bank and Trust Co reorganized as a one bank holding company as of midnight Dec 31, 1968. Holder stock swapped on a share-for-share basis. Allen Displays, Inc. plans a 36,000 square foot manufacturing building at Highway 62 and Interstate 40, ready in early spring. Executives include James H. Allen president, Salem senior VP accounts, Graham P. Dozier head of operations, John W. Garrett II director of personnel.
MENTIONED IN THIS ARTICLE
Graasein
Ata—S
Teen Cent
Virgil Early Jr
Fligh
Architee
Ine Sar
Pet
Wachovia Bank
Aafxauer Apt
Bendix
Unitaire
Keanecott
Uint Cp Doe
Israrah
Keleniey
Elbsdoom
Tae Tii Trust
Ron Krogee
Wlysripe
Mite Ashe Asie
Budd Fe
UsPsych
Blinn Salem Buiowa
Lear Siegier Ais
Smelt
Siburk Ramo Lehpcem
Gora
Jearorl Asa Ling
Lee Aise
Pivar Lam
Bone
Wester
Lukens
Associated Press
Clark
CoWinRad
New York
Motorola
Aerojet
Asco & G
NAT Peel Cote Sts
Barnes Eng
AIM + Uy
Nating
Aef
Javelin
Nat Steel
Cimerama
Anf
Crawh_ Cork
al Navarra Pwo
Cushy Co
Lee Jr
Curtisswe Wi
Yaleeemnet
Ann Bay
Devence Tania Iy
Sa Nebo
el Goiatiata
Herre Co
Lee
Delian
Srvey
Va Peans
Nort Simon Bsn
DerEdis
Dee Teir
Norwich
Peretes
Ted
Sean Nobama
Aamirat Gs
Ty Zaron
Aled
Ces Elf T- Amos Jr
Jack H. Campbell
Fagstr
Associa
H. Frank Hunsucker
Robert Alcoa
Tale Enelohns
L. Hutchens
W. D. Lee
Ambac
Norea
Tittanus
W. T. Linthicum Jr
James Amerada
Alrlin
F. Millis
Dale C. Montgomery
Carson C. Stout
Blake ‘Thomp
Blake Phen
Canom Npson
Beairdy
Dave
T. Amos Jr
Aiet
Ar Motors
Amy News
AIEME
W. D
Stack D. Lee Jr
Seeeeisaa
Tae
Thelma Caair
Artaats
Bsus
Pullman
Sac Sa
Harriet
T&t
Sky
Roberson
Haworth
Reese
Paula Hache
R. D. Dickson Anacend
Abhareaay Anken Chemaa
Pasco Inc
Archan
Raytheon
Armen
Ad Red ‘wi _ Gers
Ailey
Roansel
Atlas Carp Oa
Pete WseeelRone
Aven Co
Gettyoit
Ravccola
Apryin
Goodrich
Gondyr
St Jos
iGracety
Atk
fGraniec
Tal Srregr
lSreencnt
Scignut Data Greyhound A
MCCS
Vaisears
Ray Uni
Hallcourt
Bal Eserig
Sinclair
Tysgey
Omeethe
South Co
Yousehe
Iflowmet
Fea Spartan
Fan L. Ys
SOR
Tidano Pw
Mzideat
BAO
INA Co
Bialinger Rand
Frey i
St Packaging
IBM
UA Staunch
Sony
Tektronix
Jonnhen
Jontogen
Feovestir
Spaak
Wachovia Corp
Wachovia Bank and Trust Co
Wachovia Corporation
Allen Displays, Inc
Highway 62
Interstate 40
James H. Allen
High Point Road
Greensboro
Pueblo incident details and Bucher testimony
Former Secretary of Defense McNamara and Admiral Bucher describe the Pueblo crisis. Bucher recounts raising immediate White House priority messages and handling unexpected torpedo boat approach near Wonsan Harbor as 82 crewmen faced 11 months imprisonment following North Korean takeover. Wachovia declares $1 dividend per share for 1968 year.
MENTIONED IN THIS ARTICLE
Robert S. McNamara
Pueblo
Bucher
Sea Ofapan
Japan
White House
Navy
Gene Howard Lacy
Wonsan Harbor
Quartermaster Law
Edward Murphy Jr
Nixon aides to be sworn in as Cabinet oath set
Amid White House spending and cabinet talks, Nixon plans an oath ceremony for 12 nominees including Warren’s aide Early, Dakota Wesleyan president, and Pfeiffer College president to join the Nixon team. Hickel’s interior nomination faces Senate questions over conservation.
MENTIONED IN THIS ARTICLE
White House
Robert P. Mayo
Charles W. Yost
United Nations
Waller J. Hickel
Alaska
N.C
Jack ‘T. Early
Dakota Wesleyan
Ceremo- University
Pfeiffer College
Warren
Paul R. Ervin
Charlotte
House
Memn
Pfeiffer Trus Bers
Nixon
Steel
Misenheimer
J. Lem Warren
Stokes II
United Methodist Church
Dayton
Ohio
John D. Gross
California
Dakota
Supreme Wesleyan
Mitchell
S.D
Dents
Fireman Injured In Fall On Tuesday
Thomasville fireman Ronald B. Hayes of Ingram Street suffered soreness and bruises after a fall from a fire truck while responding to a call at a former church on Small Street. Chief Howard Matthews said a misasp with the hose caused the hose to slide, Hayes tried to stop it and was pulled from the truck.
MENTIONED IN THIS ARTICLE
Thomasville
Ronald B. Hayes
Ingram Street
Hayes
Howard Matthews
Market Notes and Bond Indices From New York
The report covers stock exchange indices and bonds with figures like 37.68 and 40.16 along with references to higher and second grade rail and utility sections. It presents a snapshot of financial metrics and market indicators in a compact news brief.
MENTIONED IN THIS ARTICLE
U's
New York
Neon
Imairad
California Flood Emergency Sparks Statewide Rescue Efforts
Heavy rain drenched California forcing Gov Reagan to declare a state of emergency as levee breaks unleashed floods from the Sacramento Valley to the Ojai area. Rescues occurred for stranded residents including a group trapped on a Napa area riverbank with helicopters staged for immediate response.
MENTIONED IN THIS ARTICLE
Los Angeles
California
Sacramento
San Joaquin
Ronald Reagan
Emer- Sherman Island
Greensboro Industrialist George F. Newman Jr. found dead
Greensboro prominent industrialist George F. Newman Jr., 59, was found dead at his home by unidentified guests. Police found no definite wounds or violence. Newman headed Newman Machine Co. until shareholders ousted him amid civil suits over stock and real estate totaling about $1.5 million, ruled inadmissible in October last year. He is survived by two sons and had been married three times.
MENTIONED IN THIS ARTICLE
Greensboro
George F. Newman Jr
Newman
Newman Machine Co
Guilford Superior Court
Senator Urges Defense Upgrades After Captured Spy Ship
Sen Milton R Young of North Dakota chairs a committee on CIA oversight and criticizes the Navy for sending a highly advanced intelligence ship into a dangerous mission without destruct equipment. He vows to push for demolition gear on all such craft and proposes faster fighter planes within range to protect crews and assets.
MENTIONED IN THIS ARTICLE
Milton R. Young
Russell
Central Intelligence Agency
Navy
Young
Georgia
Appropriations
Tilden to be Honored by North Carolina Telephone Group
Robbins Tilden, vice president and general manager of North State Telephone Co., will be named telephone executive of the year at a Raleigh luncheon. Gov. Robert Scott will present a plaque at the Sheraton-Sir Walter Hotel. Tilden, with the company for almost 50 years, has held key roles since 1930 and helped organize the state independent telephone association in 1933.
MENTIONED IN THIS ARTICLE
Robbins Tilden
North State Telephone Co
Raleigh
North Carolina Independent Telephone Assn
Robert Scott
Sheraton-Sir Walter Hotel
Tilden
Noctit State
N. S. Independent Telephone Assny
Also Mentioned on This Page
Business and Financial News Stock Market Report
NEW York — Exchange
American — Exchange
Raed Alnus
Maneuy Ciwuuy
Piedmont S&l
Sun EU
Gullit Y
Allen Building
Pfeiffer
Kentucky
South Dakota
Citizens For
Dow-Jones
Stanislaus Rivers
Starvation Flats
van Duren
Sierra
Centtral
Eckersley
Ojai
Sm Toon
Montlieu Ave
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