Market Dips After Early Rise Amid Heavy Trading
Wall Street opened with gains but soon declined as institutions moved to fill demands. The AP 60 average stood 314.0 at noon, down 8 points, with industrials and utilities softening while rails slipped. Josten’s led volume, AMP Inc split 2 for 1, and Consolidated Foods merger talks paused trading.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Josten’s
AMP, Inc
Consolidated Foods
Bigelow-Sanford
New York Stock Market Rallies Amid Mixed Sector Signals
New York AP report shows Apple Inc and General Mills among movers as traders digest mixed results. Financial activity centers on energy and consumer goods sectors with prices fluctuating across dozens of major names.
Cotton futures open quiet in New York with no trades
New York AP reports cotton futures opened quietly with no actual trades registered. market activity appeared subdued as trading began.
MENTIONED IN THIS ARTICLE
New York
City Chief Warns Parking Policy Could Threaten Health
At a news conference in Tucson Mayer says traffic is starting to move while criticizing a parking policy. He cites emergency access and notes wives of doctors used the privilege to shop, implying potential chaos and health risks for the city.
MENTIONED IN THIS ARTICLE
Tucson
Mayer Ae Coe
Lindsay
North Carolina and South Carolina Five Day Forecast
Unseasonably mild weather through Thursday with highs in the 60s to 70s and lows around 40s to 50s across regions. Temperatures will average above normal Thursday to Monday, turning colder by weekend with 0.5 to 0.75 inches of precipitation possible as showers.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Burlington Industries Reports Flat Quarter Results
Burlington Industries Inc reports consolidated net sales of 337.4 million for the quarter ended December 31 1966, down slightly from 338.4 million a year earlier. Net earnings total 16.15 million or 64 cents per share on 25.22 million shares outstanding. Board approves 30 cents per share quarterly dividend payable March 1 to shareholders of record February 3. Monroe Hosiery Finishers Inc announces a new finishing plant in Monroe Sutton Park area employing 150 with 500000 annual payroll, slated to handle 25 000 dozen pairs per week and start by May 1.
MENTIONED IN THIS ARTICLE
Crowcol
CrownZe
Curtis
Occident Det Steel
OhioEdis
Diamak
Ovid Mer
Doug
Owens
Dressind
Duke Pw
Lee
Vipana Sul
Ipan Am
Penn EP
East Air
ParkeDev Te Ekodak
Penn Dixle
EatonYs
EGAG
Eibonds
ErieLack
EthyiCorp
Phila el
Phi
Eversharp
PhilMorr
PhillPet
Pitneyb
Faircam
Fair Hill
Pitts Steel
Raynier
FoodFair
FordMot
RepubSt
Revion
Rexall
FrvenCo
Inere
Rheemm
Ron Sel
I Rohr Co
Royccola
Sen Lee
lGen Fds
Genmot
Safeway
GenPrec
SBS
A Gillette
Soon
Gien Ald
Abbott Lab
Goodrich
ABC
Goodyr
Abex Co
Allied C
Gulf Oi
GulfStaUt
Amerada
Halliburt
Bosch
Harris
Aenka
Flint Miner
Armour
ArmsCk
Intl Packers Ashland Ol
Atchison
ITE Clu Ib Aticline
Rich
We Evans Om i Io Tie
Fohane Ae
Avon Pd
Ioe Jom Vasonen
Ain Joy Mig
Balt GE
Cessnea
Soars Roe
Sinclair
E Swift Co
New York
Exchange
lAsemera
AssdOll & G
MH M
Atles Corp
Fargo Oils
Felmont_ Ol
Gora
Blying Tiger
Ms —Oo
Yel
Goldfield Am
WiKalser Ind
Ve Meadjonn
Sholybeen
miNewPark
Wivencosst Pet
Associated Press
Fetal Col Gas
MobilOl
Monsan
MontDuUt
Sova
MontWard
Motorola Mist
Burlington Industries, Inc
Monroe Hosiery Finishers, Inc
Sutton Park
Monroe
Han Io
South Vietnam Ousts Top Southern Leader Sparks Turmoil
The ruling military junta ousted Lt. Gen. Nguyen Huu Co deputy premier and defense minister amid Southern resentments toward northern dominance. Authorities reportedly placed 20 to 30 Co supporters under house arrest as security police monitor defense aides. Premier Ky abroad and no troop movements reported.
MENTIONED IN THIS ARTICLE
Kenneth L. Whiting
Saigon
South Vietnam
Nguyen Huu Co
North Vietnam
My Tho
Nguyen Ven
Mekong
Nguyen Cao Ky
New Zealand
Formosa
Tnam
Tokyo Coe See
Controlling Interest Bought In French Bank
Wachovia Bank and Philadelphia Trust Co. acquire controlling stake in Banque Europeenne de Financement of Paris. Ezra K Zilkha sells stake and Charles de Lubersac is elected president director general, enabling Wachovia to serve Eurocurrency customers.
MENTIONED IN THIS ARTICLE
Winston-Salem
Wachovia Bank & Trust Co
Philadelphia
Wachovia
Euro Wachovia
Fi - Philadelphia Trust Co
Ezra K. Zilkha
Banque Europeenee de Financement
Paris
Charles de Lubersac
Wallace defends Alabama welfare program before Senate panel
Former Alabama governor George Wallace told the Senate Finance Committee that Alabama does not discriminate in federally funded welfare programs and urged action to void a federal decision to terminate funds by February 28. He argued federal rules overstep Civil Rights Act protections and warned 200,000 residents could be affected.
MENTIONED IN THIS ARTICLE
Washington
George C. Wallace
Alabama
Wallace
Senate Finance Committee
Secretary of Welfare
John Gardner
Gardner
Overnor
Department of Hew
United States
Abama Welfare Department
De Gaulle Again Blocks Britain from European Market Entry
Paris AP report says President de Gaulle ends Britain's bid for Common Market entry by delaying decision until after French elections. Harold Wilson returns to London with only a promise of de Gaulle consulting France’s five Common Market nations, not before April.
MENTIONED IN THIS ARTICLE
Paris
Charles de Gaulle
Britain
Harold Wilson
Wilson
de Gaulle
France
Ural Mountains
Europe
West Germany
Italy
Netherlands
Belgium
Luxembourg
George Brown
the Elysee Palace
Rome
Excise Tax Proposed On TV Sets Nationwide
New York AP report: Congress urged to levy a 2 to 5 percent excise tax on each U.S. television set to fund a nonprofit CPT for noncommercial programs. Carnegie Commission estimates $60 million first year at 2 percent, $100 million at 5 percent, with $68 million yearly for BEHHE support to build a 380 station national system within ten years.
MENTIONED IN THIS ARTICLE
New York
Congress
United States
Carnegie Commission On Educational Television
Corp. For
CPT
Commission
Department of Health, Education and Welfare
National Education Television
Ford Foundaon
Baker Claims Government Owes Him
Raymond J. Crowley reports from Washington that Bobby Baker, facing income tax evasion charges, asserts the government owes him 687.37 in refunds. CPA Milton Hoffman testified Baker’s 1961 and 1962 figures favored the government, suggesting Baker could have overpaid taxes by 687.37 due to miscalculations and deductions on restaurant and motel incomes.
MENTIONED IN THIS ARTICLE
Raymond J. Crowley
Washington
Bobby Baker
Milton Joe Hoffman
New York
U.S
Baker
Hoffman
Robert S. Kerr
D-Okla
Dea
Howard Johnson
Charlotte
N.C
Nee
Ocean City
Offman
Soviet Magazine Publishes Excerpts From Death of a President
The Literary Gazette in Moscow reprinted parts from Stern’s serialization of The Death of a President, describing events the day before Kennedy’s assassination. Stern refused edits amid Look magazine litigation, and a Hamburg court ruled Stern may continue publishing the unabridged text.
MENTIONED IN THIS ARTICLE
Moscow
William Manchester
Literary Gazette
Soviet Writers’ Union
Stern
John F. Kennedy
Look Magazine
Hamburg
Germany
Aceary Gazette
Jon
Kennedy
Evan Thomas
Teeork
New Yo Manchester
Vacation Resort Plans Revealed on Beech Mountain Slopes
A $5 million year round resort to be built on Beech Mountain near the NC Tennessee line includes skiing and golf, scenic attractions, and retirement homes across more than 5000 acres. Promoters Grover C. Robbins Jr. Harry Robbins and Dr. Thomas H. Brigham head Carolina Caribbean Corp. with ties to Tweetsie Railroad and Hounds Bar Lodge. Main lodge and three slopes expected by next December. The venture also includes plans for a luxury resort on St. Croix, Virgin Islands.
MENTIONED IN THIS ARTICLE
Banner Elk
N.C
Beech Mountain
North Carolina-Tennessee
Grover C. Robbins Jr
Harry Robbins
Thomas H. Brigham
Carolina Caribbean Corp
Robbins Brothers
Tweetsie Railroad
Boone
Brigham
Vermont
Grover Te
Nsion
S.e
St. Croix
Virgin Islands
Also Mentioned on This Page
Stock Market Report
American — Exchange
Tex
WilsonCo
Wilson Co Wi
WinnDix
Woolworth
Worthing
Ti Xerox Corp
Pi Zenith Redle
Seles
The
Ind. Rails
High
Ates
Indus
Cedrecee
Public Utilities
Heen
Terry Aebar
Ray Hubbard
Burlington
Vietnam
Senate
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