Johnson Sees Bright 1967 Economy Amid Bank Rate Cut
President Johnson outlined a moderate growth path for 1967 with near full employment and easing credit. Chase Manhattan Bank cut its prime rate from 6 to 5 percent, the first major bank to ease borrowing, while automakers cut production and ordered layoffs to curb overstocked inventories. The Dow fell 7.13 points as profit-taking pulled the market lower in early 1967.
MENTIONED IN THIS ARTICLE
Dave Smith
AP Business News
NEW York (Ap
Johnson
Congress
Vietnam
Chase Manhattan Bank
Chase
Jales Aemeni
Chevrolet
Chrysler
Los Angeles
St. Louis
Hamtramck
Cnr
Ford Motor Co
American Motors
Eggee
Traders fear bull trap in market rally hints
Three veteran New York traders discuss the stock market rally since year start. They warn of a bull trap tied to tax publicity, note big short-covering, and see slower growth with weaker demand. They urge investors to take profits and exit when in doubt.
MENTIONED IN THIS ARTICLE
New York
Securities and Exchange Commission
SEC
Dow
LBJ
Look Beyond Troubles to See the Sun Shine
A reflective note urging readers to shift focus from personal troubles to hopeful prospects. The message emphasizes resilience, optimism, and gathering strength from difficult times to embrace brighter days.
Power Outage Hits Large Part Of Dare County
A major portion of Dare County lost electricity for several hours Friday night when a transmission line across Currituck Sound failed. J R Hayden of Williamston VA Power Co said a static line used to protect the transmission line became entangled in insulators causing a short circuit.
MENTIONED IN THIS ARTICLE
Mantec
N.C
Dare County
Currituck Sound
J. R. Hayden
Williamston
Virginia Electric and Power Co
Security Quotations Over The Counter Stock Update
NASD quotations reflect inter dealer pricing and may change through the day. Prices exclude retail markup markdown or commission.
Piedmont Natural Gas reports 1966 earnings rise and record sales
Buell Duncan, president, announces 1966 earnings per share up 25 percent to 1.32 and record total gas sales 31.5 to 31.1 billion cubic feet, with operating revenues at 29.8 million. Colonial Stores posts over half a billion in annual sales and 16 percent profit gain for 1966. Carl J. Reith notes net income 7.479 million, EPS rising as shares outstanding change.
MENTIONED IN THIS ARTICLE
Piedmont Natural Gas
Buell Duncan
Duncan
Bony
Colonial Stores, Inc
Carl J. Reith
Koonts Realty Moves Into New Central Office
Koonts Realty Co Inc relocated to its newly purchased offices at 132 Church St after leaving leased space at 208 E Green Dr. A spokesman cited improved, better arranged space and a more central location for dealings with financial firms.
MENTIONED IN THIS ARTICLE
Koonts Realty Koonts Realty Co., Inc
Church St
E. Green Dr
Finanio Oe
Free booklet explains life insurance needs for you and family
A promotional note invites readers to obtain a complimentary copy of a practical booklet. It explains how much life insurance is needed based on personal goals and family plans, and urges call or write today with no obligation.
Also Mentioned on This Page
Weathertron
N. Main St
Nash
Atlanta Gas
Barber Greene - Eva Certion Ape
Carolina Freight Carriers
Carolina Pwr
Colonial Stores
Eastern Utilities
We Farmers
Bankers Life
Nat
Franklin Franklin Peeeeenewee
Hardees Sys
Cweenee Life
Kaiser Steel
Lance
WM Life & Casualty Ins
A Life of Carolina Li'l Gen Stores
Va Luck’s, Inc
Evadeseeeees Security Life & Trust Seeneer Sorg P
Textiles, Inc
Bus Sys
Seeeeewenee
U.S. Realty OP
Western Carolina Tel
Western Power & Gas
Ray Hubbard
Jrow
Holiday Inn
Greensboro
Norman G. Weisbecker
Marsden Slate, Inc
Special Fabrics
Guilford Mills
New York City
Knit Directions. Realtors
North Carolina Motor Carriers Association
Henry Marshall
Old Dominion Freight Lines
J. L. Boyles
Johnson Motor Lines, Inc
Thomasville
North Piedmont
the Professional Engineers of
North Carolina
Tunor
AMS
High Point Administrative Management Society
Sheraton Hotel
Edward N. Post
Coll Village
Quality Bakery
Roy F
Frances) Lg
Western Union
Hornblower & Weeks, Hemphill Noyes
New York Stock Exchange
W. Gaston St
Geo. G. Jones
Res
Charles E. Diffendal
J. Sturgis May & CO
E.O. Lane
Jefferson
Andard
Lane
High Point Bank Bldg
Troelich
John Diffendal
Piedmont Insurance
C. Joe Honeycutt and Associates
Gatewood Ave
Occidental Insurance Company
Home Office
Raleigh
Crown
Professional Life Insurance Service
Geo. P. Clark
Lyon
Mutual Life Insurance
America
New England Life
Hayden Place
Life Insurance
Rm Ac
Group Insurance
Em Iclm Cup
al Ee
John W. Herndon Agency
General Insurance
North Main Street
High Point, N. C
John W. Herndon
John C. Hawkins
Beechcraft
Greensboro - High Point
Friendship
High Point
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