Middle East Conflict Hits Global Markets and Oil
War in the Middle East shook global business seizing stock markets in New York London Paris Tokyo Montreal and Toronto. Oil output fell sharply as Iraq Libya Saudi Arabia and gulf sheikdoms halted production threatening Western Europe and Japan with potential shortages if the conflict widens.
MENTIONED IN THIS ARTICLE
Jack Lefler
NEW York (Ap
Middle East
New York
London
Paris
Tokyo
Montreal
Toronto
Israel
New York Stock Exchange
United States
Iraq
Libya
Saudi Arabia
Arabian Gulf
Egypt
Suez Canal
Europe
Western Europe
Japan
Australia
New Zealand
North Africa
Canada
Venezuela
el al Israel Airlines
Tel Aviv
Corporate leaders weigh tax hikes to fund Vietnam costs
Corporate executives say a 6 percent surtax is likely this year to cover war expenses, with about 25 billion from taxes and 24 billion from borrowing. They urge deep cuts in non military spending and warn wage inflation. They see Soviet-Capitalist shifts and volatile Cold War tensions shaping 1968.
MENTIONED IN THIS ARTICLE
Alliance
New York
Defense
McNamara
Vietnam
Johnson
Congress
Treasury
Henry Fowler
Soviet Union
Red Russia
Red Cuba
Moscow
Red China
Business Women Hold Convention in Durham
The North Carolina Federation of Business and Professional Women opens its two day convention with a breakfast session in Durham. Thursday committee meetings prepare for elections on Saturday including selecting the North Carolina young career woman to be announced at the Saturday night installation banquet.
MENTIONED IN THIS ARTICLE
Durham
North
Federation of Business and Professional Women
North Carolina
John O. Pastore
D.R. L
Southern Textile Assn
Asheville
Pastore
Rodger A. Hughes
Reeves Bros., Inc
Spartanburg
S. C
Frederick B. Dent
Mayfair Mills
Arcadia
American Textile Manufacturers Institute
Joe D. Moore
New York City
Security Quotations Over The Counter Stocks
Inter dealer NASD quotations around 3:00 p.m. Thursday show prices for numerous equities. Figures exclude retail markup, markdown, or commission and reflect fluctuating inter dealer markets. Notable listings include Carolina Natural Gas, Piedmont Aviation, Southern Bell affiliates, Wachovia, Lowe’s, and Rockwell.
MENTIONED IN THIS ARTICLE
Aerotron
Alba Wald
Alley Peps
American & Efirdon
American Comm
American Fidelity
American Land
Atlanta Gas Light
Automatic Service
Barber Greene
Bassett Furniture
Bowater Paper
N.C
Co. Finance
Soretine Casualty Ins
Carolina Freight Carriers
Carolina Natural Gas
Carolina Pwr
Carolina Steel
Carolinas Capital
Central Carolina Bank
N 'Chatham Mfg. Co. Svea
Coastal Plain Life Ins. Co
Colonial Life & Accid
Colonial Stores Com
Colonial Stores
Commonwealth Life
General Shale
Georgia International
Gulf Life
Hardees Sys
iHatteras Yacht
Henredon
Interstate Life & Accid
Inv. Syn. of Canada
Jefferson Ltd. Life
Peoples Nat
Penobscot Shoe
P & N Rwy
Piedmont Aviation
Piedmont Natural Gas
Pierce & Stevens Chem
Public Service of N.C
Roberts Co
Rockwell
Rose’s
Rowe Furn
Security
Semen A - Trust
Ae Sonoco
Sorg Pape
Southland Sys
Sterling
En Mills
We — Textiles, Inc
Thermo Plastics Se
Trans. Bus Sys
Triangle Brick U. S. Realty Vermont American
Wachovia Bank Walker, B. B. Shoe
Western Power & Gas
Garner earns national convention spot for top sales
Charles F. Garner of Fri den Inc in Greensboro area earns 120 percent of his annual quota and becomes first in the nation to qualify for the Florida national convention next spring. W. L. Eager notes the achievement and Garners recognition in the mail room equipment division.
MENTIONED IN THIS ARTICLE
Charles F. Garner
Friden, Inc
Greensboro
High Point
Winston - Salem
W. L. Eager
Garner
Florida
Humphrey Begins Hospital Visit at Bethesda Naval Hospital
Vice President Hubert H. Humphrey will stay several days at Bethesda Naval Hospital to review antibiotic therapy for a mild bladder infection. His aides said he entered Friday night after returning from a two week Europe mission and intended to resume his normal schedule after completion.
MENTIONED IN THIS ARTICLE
Washington
Hubert H. Humphrey
Bethesda Naval Hospital
Humphrey
Maryland
Europe
Conference Table Peace Roots in Mutual Faith
Editorial notes that lasting peace grows from mutual faith and understanding rather than arms or alliances, urging sustained dialogue and cooperative diplomacy.
Mend His Ways
A compact aphorism warns that evasive behavior will catch up, demanding discipline and restraint to avoid a future or consequence.
Also Mentioned on This Page
Commerce Department
Labor Department
Robert A. McCliston
Accident & Health Group
First Mortgage Loans
High Point Bank
John Diffendal
The
Travelers
Hartford
Conn
Piedmont Insurance
Business
Selective Fund
Austin T. Swaim
Larry B. Wells
A. Neal Jelle
Investors Diversified Services, Inc
Associated Press
Ray Hubbard
BankAmericard
North Carolina National Bank
BankAmericard Credit
L. Ed Pleasants
NCNB
BankAmeri
Pleasants
British Isles
Barclaycard
Britain
Hornblower & Weeks
Hemphill
NOVES
W. Gaston St
Geo. G. Jones
Res. Mgr
Charles E. Diffendal
J. Sturgis May & CO. Inc
Stocks & Bonds
North Carolina Bank
E. C. Lane
Professional Life Insurance Service
Geo
P. Clark
LLII
Lyon
Mutual Life Insurance
America
New England Life
Hayden Place
Crown
Gms and
Group Insurance
Edgar T. Docbrow
A Edt Id Insurance CO
Rolls-Royce
Transco
N. Main St
E. O. Lane
Charles F. Mann, JR
Allen B
Welborn
John W. Herndon Agency
General Insurance
North Main Street
High Point, N. C
John W.herndon
Ford
Jay Wood
High Point Leasing Co., Inc
English Motor. Co
East
Washington St
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