Market rebounds as bargains appear with Dow at 765.11
The stock market edged into the green in moderate trading led by gains in rubbers, farm equipment, aircraft, metals, rails and airlines. Royal Dutch Petroleum jumped 7 percent toward noon while Chrysler slipped 1 percent amid news of a planned $150 million public-debt issue and auto plant curbs due to weak demand and high inventories.
MENTIONED IN THIS ARTICLE
New York
Larry Wachiel
Bache & Co
Richard Scruggs
Goodbody & Co
Associated Press
New York Stock Exchange
Royal Dutch Petroleum
Chrysler
Unofficial Notes on American Exchange Dividend Symbols
The text explains that sales figures are unofficial and dividends shown are based on latest declarations. It catalogs footnote codes such as a through z, x and y for special dividends, stock dividends, ex-dividend dates, and related conditions including 1969 1970 references and bankruptcy or warrants status.
North Carolina South Carolina and Virginia Weather Forecast Summary
Forecast calls for fair to warm conditions with increasing southerly winds and a chance of showers or thundershowers across North Carolina South Carolina Virginia and Georgia. Lows range from the mid 30s to mid 50s with highs in the 60s to 70s. Rain totals expected a half to three quarters of an inch late in the period.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Armstrong Cork declares dividends on common and preferred stock
Lancaster Pennsylvania Armstrong Cork Company directors declare a 20 cent per share dividend on common stock payable March 2 to holders of record February 16. They also declare 9.34 cent per share dividend on cumulative preferred stock payable March 14 to holders of record February 16.
MENTIONED IN THIS ARTICLE
Lancaster
Armstrong Cork Company
Armstrong
Anagusta Manufacturing Corp Plans 400000 Share IPO
New York Securities Company as managing underwriter announces the initial public offering of 400000 shares at 10.50 each. Of the shares 330000 are from the company and 70000 from Welbilt Corp. Proceeds repay debt to Welbilt and bolster working capital for possible acquisitions. Anagusta makes bedroom dining room and upholstery furniture with showrooms in Chicago Dallas New York Los Angeles and San Francisco. Factory showrooms and facilities are in Claremont Hickory Waynesville Nichols Memphis and S.C. locations.
MENTIONED IN THIS ARTICLE
New York Securities Company
Anagusta Manufacturing Corp
Welbilt Corp
Anagusta
Welbilt
Chicago
Dallas
Los Angeles
New York
San Francisco
Claremont
Hickory
N.C
Waynesville
Nichols
S.C
Memphis
Liberty Life to honor 126 reps at six regional meetings
The Liberty Life Insurance Company will recognize 126 representatives for long service at six regional sales meetings in January and February. Nearly 1,000 representatives from the Carolinas and Georgia will attend events in Charleston Florence Columbia Charlotte Spartanburg and Greenville across Jan 2 Feb 4. J. E. Childers, High Point branch manager, will be honored. he has 10 years of Charlotte sales meeting service with Liberty Life.
MENTIONED IN THIS ARTICLE
Liberty Life Insurance Company
Carolinas
Georgia
Charleston
Florence
Columbia
Charlotte
Spartanburg
Greenville
J. E. Children
High Point
Childers
Liberty Life
Pilot District Wins Four Star Award At Pilot Life
The High Point District of Pilot Life Insurance's combination division earned the Four-Star Award for high standards in new business and service. C. P. Miller, head of the local office, received the honor at a ceremony at Pilot's home office last week.
MENTIONED IN THIS ARTICLE
High Point
Pilot Life Insurance Company
Pilot Life
C. P. Miller
Pilot
Carey named Drexel operating officer and Patton to manufacturing
Drexel announces Charles M. Carey will become vice president and operating officer reporting to president G Maurice Hill. Frank C. Patton Jr. will replace Carey as vice president for manufacturing while Robert L. Connelly remains executive vice president working with the president on policy.
MENTIONED IN THIS ARTICLE
Charles M. Carey
Drexel Enterprises, Inc
Drexel
G. Maurice Hill
Carey
Frank C. Patton Jr
Hill
Robert L. Connelly
Arwood Names Three Executives In Rockleigh Promotion
Arwood Corporation president William O. Sweeney announced three executive appointments. Norman Silverberg is named vice president in charge of corporate development and R D. Robert L. Shultis becomes treasurer in addition to controller. William Goldberg adds assistant treasurer to his duties as assistant secretary. The firm operates investment die sand and vacuum-melter castings plants in Groton Connecticut Cleveland Ohio Tilton New Hampshire Syracuse New York High Point North Carolina Lansdale Pennsylvania and Los Angeles California.
MENTIONED IN THIS ARTICLE
Rockleigh
N.J
William O. Sweeney
Arwood Corporation
Norman Silverberg
Robert L. Shultis
William Goldberg
Atwood
Groton
Tightening Ordered After AF Planes Run Out Of Gas
Air Force chief Gen. John D. Ryan orders tighter supervision after fuel depletion caused accidents across models from fighters to four engine jets. He cites lack of professionalism and discipline and calls for full reviews of flight planning and fuel reserves. His order follows 10 fuel depletion related losses last year and honors his son’s fatal crash without in wording.
MENTIONED IN THIS ARTICLE
Washington
Air Force
John D. Ryan
Ryan
John D. Ryan Jr
Hamilton Air Force Base
Calif
San Pablo Bay
Air Force Inspector General
Ers
Air National Guard
Asheville Sees Normal Attendance After Desegregation Boycott
After a one day boycott protesting court ordered desegregation, Asheville six elementary schools report normal attendance with about two thousand pupils, mostly black, absent on Tuesday. Bus routes run full today. high and junior high schools had been integrated earlier.
MENTIONED IN THIS ARTICLE
Asheville
Llasses
The
Black Coalition
Ervin Defends Rights Against No Knock Drug Raids
Sen Sam Ervin argues against no knock drug raids as government overreach. He cites Micah Kipling and Archy to illustrate limits on state power, declaring he will defend individual freedom against governmental tyranny.
MENTIONED IN THIS ARTICLE
Senate
Ervin
North Carolina
Micah
William Pitt
England
Kipling
Archy
Don Marquis
Sam Ervin
America
Nixon backs European style uniforms for White House police
President Nixon proposed European era dress for White House police and the Secret Service rolled out 95 dollar outfits for about 100 officers. The new white cream tunics with elastic material, double breasted cut and gold trim marked a formal change seen at a state dinner with Harold Wilson, drawing criticism likened to late Weimar or Nazi imagery.
MENTIONED IN THIS ARTICLE
Washington
Nixon
White House
Secret Service
Harold Wilson
Son of Democratic Gubernatorial Candidate Arrested in NYC
The 17 year old Howard Samuels Jr. son of upstate industrialist Howard J. Samuels and a Democratic gubernatorial hopeful was picked up on a narcotics charge and will be arraigned Friday in New York City. AP Wirephoto
MENTIONED IN THIS ARTICLE
Howard Samuels Jr
New York City
Howard J. Samuels
Wilson Sits In On NSC Session
President Nixon invites British Prime Minister Harold Wilson to sit in on a National Security Council meeting signaling strong Anglo American ties. The session previewed a second talk between Nixon and Wilson, as both leaders note improving international economic relations and stable monetary concerns.
MENTIONED IN THIS ARTICLE
Wilson
NSC
Washington
Nixon
Harold Wilson
Great Britain
National Security Council
White House
Secret U S Bombing Plans Reportedly Uncovered
West German Stern magazine claims it obtained allegedly authentic pages from a U S Air Forces in Europe handbook listing potential atomic targets in northern West Germany including Kiel Neumuenster Flensburg and Lübeck along with North Sea Canal targets The magazine says the files were passed to the Russians by Sgt Robert Lee Johnson in 1965 and later used to convict him for spying.
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Hamburg
Germany
Stern Magazine
Stern
U.S. Air Forces In
Europe
Wiesbaden
West Germany
Kiel
Neumaenstre
Flensburg
U.S. Army
Robert Lee Johnson
Johnson
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