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High Point Enterprise in High Point, North Carolina

31 Jan 1968

Page 2

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jan 31, 1968

Page

2

Stock Market Drops Moderately Amid Investor Disenchantment

New York stocks declined in active trading as high fliers continued to wane. The Dow Jones industrial average fell 1.21 to 858.36 at noon, with the AP 60-stock average down 0.6 to 314.0. Major losers included IBM, Control Data, Teledyne, Ling-Temco-Vought, and Polaroid amid broad sector declines.

MENTIONED IN THIS ARTICLE

New York United States Asia Johnson IBM Control Data Teledyne Ling-Temco- Vought Polaroid Dow Jones Associated Press Occidental Petroleum Signal Oil Bethlehem Steel Caterpillar Raytheon International Telephone General Electric Procter & Gamble and Lorillard Monogram Industries U.S Ford Motor Southern California Edison International Nickle Air Reduction Allied Chemical Johns-Manville Montout Curtis Pub Cudahy Co Wa — MontWard Motorola Dan Riv Nat Airlin O — Deere Co DeltaAir Disney Asamera Dressind Nevada Drexel Brazlilt Pw Duke Pw Chile duPont Dyna Am Cinerama Miece East Air Nectapw Dixilyn Corp - Ekodak Velleires EatonYa EAC Meg&g NwBan As E! BondShr Norton Fargo Otis ElectSp Norwich Eipasong Felmont Oi End Johnson Frontier Air ErieLack RR OhioEdis Va Oklangs Eversherp OlinMat Guif Am Cp GuifResre FairHill Fedders Cp Pac Pet We —Islam Corp Pacpwl Kaiser Ind Panaasul Fia Pan Am FiaPwlt Panh EP Parke Davis NewParkMn Pancoastal PennDix RIC G Formck Ryan C FreepSul Pa PwLt Rain Pennrr Stathem Inst Pisa Technicol Gam Sko Phil Rdig PhilMorr Phil Pet Pitneyb GenPrecis Pitts Steel Ajie Om Genesco Pugspl Pullman Gerber GettyOil IRCA Glen Aldwi Ralstonp Glen Aid Rayonier Goodrich Reading Co U GraceCo ReichCh A&p Rexall Reyn Gt West GrumAirc MiReh Fg GuifStart RyderSys Ise GuifWin Abbott Lab ACF Ind Abex Cp Harris Scientif Data Admiral Herc AirRedta Hoff Electra AlcanAlum X86 Va Scott Paper Alleg Holl Honeywi Sears GD AlliedCh Hook Sears Roela AlliedStr House Fin Allis Chal Houston LP Alcoa Howmet Shell Ol Amerada Sia Siva Hunts Airlin Bosch dahoPw AmCrySug South Co AmCyan Vwiimp Ameipw IngerRand Ammfdy StBrand Amet Ci Am Motors T&t StauffCh Jewel Co Stevens AMK Co John Man Stude Worth AMP Inc John John Sun Oil Ampex Corp Jon Logan Sunray Jones L Swift Co Tampa el Armco Sti Kaiser al E ekTtronix Wa Armour Kange Arm Ck GM Kresge Avco Cp E Kroger Txtron Avnet Inc Thiokol Ih. Furn Inds Lear Sieg Timk RB Babck W VeiLeh Val Ind LehPcem Ratnswai Balt GE Transamer Lofgiss Transitron Libb McNl TriCont BeechAire 1B Trtw Inc Bell How TwenCent Te Bendix BenefFin UMC Ind Beth Sti Loews UN Carbide Lonesga UnOilCal Borden Union Pacif Lucky Uniroyal Lukens Str UnitAirLin UnitAire BucyEr Unit Co Macke Co Bullard Macy Ugascp Bulova Mar Maydstr US Steel Va McCall We Jae M Univord Canteen Upionn Caroplt Caro T&t Melv Sk Otis Carrier Cp Varianime Case JI Val Vaeipw CaterTr Cenco Ins Biwesta Airt Ches Ohio Westy el ChiPney Chi RI Pac Whirl Cp Irs Chris Craft WinnDix Woolworth Va ClevEllis XeroxCp CocaCola Colg Pal CollinRad Basuasee Press YongsiSht ColuGas Zenithr
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New York Stock Exchange Noon Prices Released

AP reports New York Stock Exchange noon prices with sales net figures and data on highs lows and last prices for trading.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange
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Dividend footnotes and ex dividend notation guide

The passage lists footnote codes and explanations for dividend rates and stock actions such as ex dividend ex rights and various designation letters like b for annual rate plus stock dividend c for liquidating dividend d for declared or paid in 1967 plus stock dividend and other codes including x ex dividend y ex dividend and sales in full ww with warrants nd next day delivery vi bankruptcy or receivership and foreign issue subject to interest equalization tax. It explains that rates shown are annual disbursements based on last declarations and identifies special or extra payments.

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Doctor to Speak At Millis Road School Meeting

Jamestown Dr. John Bridgers a High Point pediatrician will speak at the Millis Road School Parent Teacher Association meeting. The talk titled A Pediatrician Looks at Specific Learning Disorders will begin at 7 45 p m. Dr. A P Fortney and Miss Eleanor Boyd will join him.

MENTIONED IN THIS ARTICLE

Jamestown John Bridgers High Point Millis Road Bridgers A. P. Fortney Eleanor Boyd
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North Carolina South Carolina Virginia Georgia Weather Outlook

Weather forecast notes considerable cloudiness across North Carolina with occasional rain possible west portion Thursday afternoon. Lows tonight in the 40s. South Carolina around 45 to 53. Virginia sees cloudy skies tonight with some rain possible Thursday in the 50s. Georgia mostly cloudy and mild with scattered showers in the north, warm in the south. tonight 48 to 56, Thursday highs 64 to 74.

MENTIONED IN THIS ARTICLE

North Carolina West Portion South Carolina Virginia Georgia
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Five Day Warm Spell Across Carolinas With Rain Expected

The forecast covers North and South Carolina from Thursday to Monday with above normal temperatures. Daytime highs should range from the 50s in the mountains to 57 to 65 elsewhere, while nightly lows fall to the 37 to 45 degree range, mostly into the 30s in the mountains. Precipitation totals near three quarters of an inch or more with scattered showers on Thursday.

MENTIONED IN THIS ARTICLE

North Carolina South Carolina
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Housing Demand Up Moderately Says Real Estate Leaders

Welborn Malpass president of the High Point Board of Realtors in Dallas said reports from the National Association of Real Estate Boards meeting predict higher housing demand for 1968. Home construction is seen near 1.4 million units, rising from 1967. consumer interest in upgrading and mobility are strong while rates stay high but savings remain robust.

MENTIONED IN THIS ARTICLE

Welborn Malpass High Point Board of Realtors Malpass Dallas Texas National Assn
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Local Rep H L Marsh Receives One Million Debit Tie Tac

One Million Mark H L Marsh a local representative of Southern Life Insurance Co with Greensboro offices is awarded an engraved tie tac for surpassing one million dollars in life insurance in force for High Life policy owners in the High Point area.

MENTIONED IN THIS ARTICLE

H. L. Marsh Southern Life Insurance ‘Co Greensboro High Point
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Mutual Fund License Granted for First Fund of Virginia

N C Anderson manager at Life Insurance Company of Virginia High Point district office passed NASD examination and is licensed in North Carolina to sell shares of the First Fund of Virginia a new mutual fund by Life of Virginia.

MENTIONED IN THIS ARTICLE

N. C. Anderson Life Insurance Company of Virginia High Point National Association of Security Dealers North Carolina First Fund of Virginia Life of Virginia
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Death of Fred C Clary 58 Washington D C resident

Fred Curlee Clary 58 died of a heart attack and was pronounced dead on arrival at a Washington hospital. Born in Stony Point in 1909 he was married to Edith Laine and survived by his wife two sons Fred and Jack and daughter Ann Catherine all of Washington D C two brothers a sister a half brother a step mother and seven grandchildren. Funeral services will be Friday at 11 a.m. Harold C Davis Funeral Home burial Floral Garden Park Cemetery. The family will be at 1101 Council St and at the funeral home Thursday evening.

MENTIONED IN THIS ARTICLE

Fred Curlee Clary Washington, D. C Washington Hospital Stony Point John Henry Maude Lyerly Clary Edith Laine Fred Jack Clary Ann Catherine Clary Harold Clary Long Island N. Y Roy Clary New Jersey E. E. Clary Council St Lois [Blackwell Greensboro Mildren Burton Burton St Charlie Clary Georgia Fannie Clary Charlotte Harold C. Davis E. W. Price Jr Floral Garden Park
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Charlotte dental panel hears welfare letter tied to Nash

A biracial panel of dental experts heard testimony that a Charlotte dentist wrote a letter offering free work to welfare recipients. The letter allegedly signed by Dr. George T. Nash linked to three dentists charged with malpractice and improper bills from a federally funded summer program for poor children.

MENTIONED IN THIS ARTICLE

Charlotte George T. Nash Nash Reginald A. Hawkins John P. Stinson
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Kennedy Rejects Head On Battle With LBJ

Robert Kennedy says he will not run against President Johnson in Democratic primaries under any foreseeable circumstances. He may enter the race if Johnson seeks renomination, while supporters press for a challenge amid Vietnam policy critique. Senate critics Fulbright Morse Clark maintain opposition but differ in tactics and hopes for scaling down the war.

MENTIONED IN THIS ARTICLE

Washington Robert F. Ae Johnson Kennedy New York Sen Ugene J. McCarthy D-Minn Vietnam United States Senate J. W. Fulbright Senate Foreign Relations Committee Fulbright Wayne Morse D-Ore Joseph S. Clark D-Pa Clark
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Koreans Fault U S Handling In Pueblo Crisis

Seoul demands focus on North Korea’s Pueblo incident over Pueblo crew release, opposes direct talks with North Korea, and seeks firm security for the Republic of Korea. National Assembly prepares resolutions while U S diplomatic efforts continue. 26 infiltrators killed, one captured.

MENTIONED IN THIS ARTICLE

Seoul South Korea Chung Hee Park North Korea Cnt U.S Choi Kyu-hah Choi United States Pueblo Republic of Korea Democratic Republican Party Shinmin Party Park National Assembly Washington White House Sen J.W. Fulbright D-Ark Senate Foreign Relations Committee Johnson United Nations Security Council Council
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Rivers Seeks Abolition of NLRB and New Labor Courts

Representative L Mendel Rivers urges abolishing the National Labor Relations Board and proposes a congressional inquiry. In a House speech he accuses the NLRB of colluding with organized labor leaders and calls for labor courts to replace it. Robert Stevens, head of J P Stevens Co, attended. The Stevens case was settled by the Supreme Court on December 11, 1967.

MENTIONED IN THIS ARTICLE

Washington L. Mendel Rivers D-S.c National Labor Relations Board House Robert Stevens J. P. Stevens Co NLRB Stevens Rivers J. P. Stevens Supreme Court
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Attacks Hit South Vietnam as Casualty Figures Rise

Allied forces killed 2,643 Communist troops in the preceding 48 hours. Preliminary tallies show 68 Americans and 178 South Vietnamese soldiers dead with 171 Americans and 330 South Vietnamese wounded. Civilian losses are unreported but presumed heavy amid widespread damage to U.S. air bases including Bien Hoa and Chu Lai. U.S. diplomat Ellsworth Bunker said Saigon was secure, though combat continued near Tan Son Nhut.

MENTIONED IN THIS ARTICLE

U.S Bien Hoa Saigon South Vietnam Chu Lai da Nang Ellsworth Bunker Tan Son Nhut Air Base
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Also Mentioned on This Page

Stock Market Report NEW York — Exchange Exchange A.P. Stock Dow-Jones Onch Fyn L. Yd Requetrials Bovewes Prev Leek Gessescenes NEW York Stock Index New York Stock Notes Index Finance F. C. Clary Robert Kennedy LBJ Srweae Deez Patien Fred Foster, Jr Thomson & McKinnon North Main Street N.C J. Sturgis May & CO Stocks & Bonds North Carolina Bank Powell, Kistler & Co Fayetteville Kinston Raleigh N. C Myrtle Beach S. C New York City
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