Dow nudges higher as blue chips lead stock gains
New York AP notes stock market recovery gains with the Dow up 2.98 to 941.07 at noon and the AP 80 up 1.1 to 358.2 as industrials, rails, and utilities rise. Chrysler posts record 1968 sales and earnings while Pa Pont Sears Caterpillar Owens-Illinois and Lykes move on merger news, inflation and debt hints influence sentiment.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Associated Press
Chrysler
Pa Pont
Sears Roebuck
Caterpillar
Standard Oil
California
Owens-Illinois
U.S. Treasury
Youngstown Sheet
Avnet
Youngstown
Lykes
Unclear OCR fragment on exchange and receivership status
Fragmentary text references Dow Jones New York American Exchange and a bankruptcy or receivership topic. Contains incomplete terms and no clear events, dates, or entities to identify with confidence.
Tax reform talk follows 153 high income nonpayers
LA reviewers report from the Ways and Means Committee notes 153 tax returns showing incomes over 200000 that paid no tax. Byrnes condemns the practice as unjust. Mills warns no major tax code overhaul this year but may push targeted changes. Possible expansion of the standard deduction is discussed to ease filing for more taxpayers.
Credit Union Formed At Big Bear Of North Carolina
Fred Peele was elected last night president of the new credit union formed by the employes of Big Bear of North Carolina Inc. Other officers are Tom Riggs vice president and Norman Smith treasurer. Elected to the board of directors were Peele Riggs Smith Massie Liptrap and Evelyn Lee. The supervisory committee consists of T E Pardue Christine Goins and Lonnie Jones. Credit committee members are William Russell L E Rackley and Harold Oduin.
MENTIONED IN THIS ARTICLE
Fred Peele
Big Bear of North Carolina, Inc
Tom Riggs
Norman Smith
Peele
Riggs
Smith
Massie Liptrap
Evelyn Lee
T. £. Pardue
Christine Goins
Lonnie Jones
William Russell
L. E. Rackley
Harold Oduin
Blue Bell reports first quarter strong sales and profit
Blue Bell, Inc. posted first quarter sales of 34,757,794 ending December 31, up 6,448,272 or 25.5 percent from the prior year. Net income reached 105,588 versus a 666,393 loss last year. Earnings per share were 18 cents after preferred dividends, improving from a 47 cent loss per share previously.
MENTIONED IN THIS ARTICLE
Blue Bell, Inc
Broad Named Senior VP At Wachovia International
Richard L. Broad was elected senior vice president and director of international finance by Wachovia Bank and Trust Co. directors. He will work with W. C. Edwards Jr. and Thatcher L. Townsend to oversee Wachovia International and its subsidiary Wachovia International Investment Corporation. Broad joined the bank in 1968 as VP in the International Department in Winston-Salem.
MENTIONED IN THIS ARTICLE
Richard L. Broad
International Finance
Wachovia Bank and Trust Co
Broad
W. C. Edwards Jr
Thatcher L. Townsend
Wachovia International Investment Corp
Edge Act
Bank
International
Winston-Salem
Wachovia International
International Department
Wachovia International Investment Corporation
UNC Soph Was on 10th Hijacked Plane To Cuba
Miami teen John Graham, a UNC sophomore, was aboard the 10th hijacked plane returned from Cuba. He described the trip as fun and said he sent himself a card noting his Cuba presence. The report places Graham among the students on the hijacked flight returning midweek.
MENTIONED IN THIS ARTICLE
Miami
John Graham
University of North Carolina
Cuba
Graham
UNC Soph
North Carolina urged to rewrite death penalty law
Raleigh AP The North Carolina Judiciary Council urged the General Assembly to rewrite the post conviction provisions of the death penalty law and allow higher courts to review decisions. The panel recommended a sample bill changing statutes governing death penalty administration and potential mercy reviews by higher courts.
MENTIONED IN THIS ARTICLE
Raleigh
Carolina Judiciary Council
General Assembly
de Paere
Supremes
North Carolina Court of Apmade
Bob Scott
Tri
Judiciary Council
Spreme
Superior
Criminal Assembly
North Carolina
William H
Bobbitt
U.S. Supreme
Supreme Court
N C Senate chair opposes some NC constitution amendments
RALEIGH AP The chairman of the North Carolina Senate Constitution Committee said he opposes some revisions and will not sponsor bills on them while ensuring all sides get a hearing. Sen Julian Allsbrook noted he may block bringing controversial amendments to the floor and will discuss handling with Rep Ike Andrews. If approved by the legislature the changes would go to a statewide vote. He urged patience as the constitutional study report is processed and stated committees will vote independently.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Ohe
Allsbrook
Ike Andrews
Chatham
House Constitution Committee
Auto Thieves Take Car With Old Coins and Guns
In Charlotte AP report, a car left locking in front of a gun shop housed a coin collection and firearms valued at 25 000 to 30 000 dollars and was stolen on Wednesday. A second vehicle owned by Harry L. Davis of Lincolnton was also taken nearby and later recovered, with about 900 dollars of firearms missing.
MENTIONED IN THIS ARTICLE
Charlotte
Frank Terry Manship
Rockingham
Harry L. Davis
Lincolnton
Bail family details amid Iraq spying executions
Ralph Youngk of Conneautville Pa and Mayes describe Bail family reactions after arrests and a 10 day stay at the Belgian Embassy in Baghdad. Bail, younger, returned to Beirut to resume school. Kathy Bail, 20, is a Michigan State sophomore.
MENTIONED IN THIS ARTICLE
Ralph Youngk
Conneautville
Bail
Baghdad
Beirut
Bails
Kathy
Michigan State University
Mayes
Humble Oil Co
Houston
Tex
Iraqi Petroleum Co
State Department
Multimedia Buys Montgomery Advertiser Group
Multimedia Inc of Greenville, S C, announces purchase of The Montgomery Advertiser chain from The Advertiser Co. The deal unites Alabama and regional papers with Greenville and Asheville media assets under Sisk and associates. No price was disclosed.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Multimedia
Greenville News Inc
Piedmont v
Asheville
Citizen-Times Publishing Co
Montgomery Advert
Southeastern Broadcasting User
Alabama Journal Corp
Greenville
Advertiser Co
Southern Newspapers Inc
Kelly Sisk
Bristol
Tenn
an-Publishing Co
Sisk
Carriage Co
Carl Walls
Southern News
Red
T. Eugene Worrell
Evening Journal
Britsol
Montgom
Harold E. Martin
Central
South Alas
Asbama
Newspasion
Pers
University of Alabama
Advertiser
Advertiser Co. Serties
Plo
An PLC
D.C
Teacher Pay Raise Bill Introduced in North Carolina Senate
In Raleigh AP reports a bill to lift public school teacher salaries to the national average in 1969 70 costing about 55 million dollars. It would grant a 1000 raise for 1969 70 and a 5 percent hike in 1970 71, plus 1020 for special service personnel with a 5 percent rise the next year. A minimum 6000 and maximum 12000 salary range is set. Senator Geraldine Nielson R Forsyth leads with co sponsors. tax bills including a soft drink levy are planned to fund the raises.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Nielson
Bills Would Lower Voting Age To 18 In NC
In Raleigh AP reports that North Carolina lawmakers introduced bills to lower the voting age to 18 and expand absentee voting in primaries. Sponsors include Rep. Jim Beatty and Rep. W Marcus Short, with a proposal to seek voter approval at the next general election. Other measures address absentee voting and assault on officers with a deadly weapon.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Jim Beatty
D-Mecklenburg
W. Marcus Short
Dguilford
General Assembly
Carl J. Stewart Jr
D.gaston
Sirhan Judge Will Hear Arguments In Grand Jury Challenge
In Los Angeles, defense attorney Grant B. Cooper seeks to prove the county grand jury that indicted Sirhan Bishara Sirhan for the Kennedy assassination was racially and economically unbalanced. University of Southern California professor Robert Edward Schultz testified that the 1968 panel skewed older, wealthier, and better educated than the typical county resident.
MENTIONED IN THIS ARTICLE
Los Angeles
Sirhan Bishara Sirhan
Siran
Grant B. Cooper
Sirhan
University of Southern California
Sirtan
Robert F. Kennedy
Robert Edward Schultz
Los Angeles County
Schultz
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RY Harris
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Life of
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Re- Prey Dey
Marcor
Westgel
CNB, Corp
Aan
A & As
wWeyerhr
N. C
Aisearch Organization of Business
Whiel Cp
MS. Mot
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Tategon
Rails
Lestors Wachovia Bet
Lhta
U. WP
Alha Waldensian
Unthy
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Bo Ha
Uriling Wer Lew
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Dow-Jones
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Spch
Page LA
Ways and Means
Wilbur D. Mills
D-Ark
NEW York — Exchange
Blue Bell Sales
Broad Is Named
N.C. Assembly
N.C
By Reese Hart
Montgomery Papers
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