Market slides as tax boost urged by advisor
The New York stock market retreated further on Tuesday as emphasis grew on a tax increase. Gardner Ackley, the presidential economic adviser, told Congress that a tax raise is needed to safeguard healthy prosperity amid ongoing trading activity.
MENTIONED IN THIS ARTICLE
New York
Gardner Ackley
Congress
Cotton futures open quiet with no trades logged
New York AP report notes cotton futures opened without any trades as of noon on the American Stock Exchange.
MENTIONED IN THIS ARTICLE
New York
Open meetings bill sparks debate on secrecy and press freedom
North Carolina legislators discuss a bill to require open meetings for city councils and boards during zoning and street projects. Burney and Ellis push exemptions for juries, while White warns it could curb press freedom and push meetings underground.
MENTIONED IN THIS ARTICLE
Burney
Albert Ellis
D-Onslow
Tom White
D - Lenoir
White
NASD Over-The-Counter Quotes As Of Morning
The NASD released representative over the counter inter-dealer prices as of about 10:30 a.m. today. Markets fluctuate through the day and prices exclude retail markup and commissions. Names include Am Fidelity Life, Colonial Stores, Carolina Freight, Eckerd Drug, Gulf Life Insurance, Wachovia, Jefferson Ltd. Life, and others with bid and ask figures listed.
MENTIONED IN THIS ARTICLE
BID Ask Am
Fidelity Life
Colonial
Carolina Freight
Eckerd Drug
Little General
Luck’s Pea Eae See 1834
Ttee Et N.C. Nat. Gas
Pied Aviation
First Union Bank
Franklin Twin's
Gulf Life Insurance
OO Sa Ee
Hatteras Yacht
Henredon Furniture
Jefferson Ltd. Life
Life Assurance of Carolina
Life & Casualty Ins
Security Life & Trust
Thermo Plastics Corp
Southeast and South Region Weather Outlook Through Wednesday
South Carolina shows variable clouds with showers and scattered thundershowers through Wednesday. Georgia stays partly cloudy and warm with highs 84 to 94 and lows 62 to 73. North Carolina has variable clouds with scattered showers and thundershowers in mountains and far south, little temperature change, and a warmer Wednesday. mountain lows 55 to 62, elsewhere 58 to 67.
MENTIONED IN THIS ARTICLE
South Carolina
Georgia
North Carolina
New York Stock Exchange Noon Market Snapshot
The noon report shows mixed trading with the Dow and Nasdaq slipping slightly. Key indexes move modestly as investors digest AP Market Finance notes from New York trading.
MENTIONED IN THIS ARTICLE
New York
Hazzard Elected to National Roofing Contractors Board
Albert B. Hazzard of High Point has been elected to the Board of Directors of the National Roofing Contractors Association. He owns Albert Roofing Co. of High Point, in business twelve years, and has led industry efforts nationally and as president of the Carolina Roofing and Sheet Metal Contractors Association.
MENTIONED IN THIS ARTICLE
Albert B. Hazzard
High Point
National Roofing Contractors Association
Hazzard
Albert Roofing Co
National Association
Carolina Roofing and Sheet Metal Contractors Asso
Melrose Hosiery Mills Announces Vacation Pay Total
Melrose Hosiery Mills will pay 12 812 43 in semi annual vacation pay to 258 employees. Payments occur each June and December for a six month period. Continuous service five years ending April 1 earns 4 percent of last six months earnings from Oct 1 1966. Employees with 12 months continuous service ending April 1 receive 2 percent of earnings from Oct 1 1966 to April 1.
MENTIONED IN THIS ARTICLE
Melrose Hosiery Mills
Bill Aimed At Racial Agitators
The House Judiciary Committee voted to make crossing state lines to incite a riot a federal crime with penalties up to five years in jail and a $10,000 fine. Civil rights provisions were separated from the antiriot bill after weeks of pressure from sponsors and leadership.
MENTIONED IN THIS ARTICLE
Washington
House Judiciary Committee
Emanuel Celler
D-N.y
Celler
William M. Colmer
D-Mass
House
Rules Committee
Colmer
Judiciary Committee
Congress
Tampa
Dayton
Boston
Cincinnati
William C. Colmer
D-Miss
Communists Execute U S Aid Official in Saigon
U S aid official Gustav C Hertz 48 chief of the public administration division in Saigon for the U S Agency for International Development is reported executed by the Viet Cong after a broadcast 12 days earlier. The U S mission cites a North Vietnam air and ground war context with ongoing shelling and casualties at Khe Sanh and around the DMZ.
MENTIONED IN THIS ARTICLE
George McArthur
Saigon
U.S
Gustav C. Hertz
U.S. Agency For International Development
Leesburg
Gustav Hertz
Kenneth Roraback
North Vietnam
Air Force
Navy
Marine
Kep
Hanoi
Demilitarized Zone
Khe Sanh
South Vietnam
National Liberation Front
Viet Cong
Hertz
Garrison Chief Investigator Quits
New Orleans AP report states the Garrison investigation chief resigns amid comment that the Kennedy assassination was solved. details remain unclear as officials weigh next steps and public reaction grows across Louisiana.
MENTIONED IN THIS ARTICLE
New Orleans
John F. Kennedy
Kennedy autopsy evidence backs shot from behind
CBS reports reinforce Warren Commission finding that Oswald acted alone. Chief pathologist Humes reiterates X rays and photos show Kennedy was shot from behind. CBS notes conflicting evidence but finds no second shooter, no bullets, no cartridge cases. Gurvich resigns as Garrison probe tensions rise.
MENTIONED IN THIS ARTICLE
New York
John F. Kennedy
James J. Humes
Navy Medical Center
Bethesda
Columbia Broadcasting System
CBS
Kennedy
Lee Harvey Oswald
Kenney
Texas
John Connally
Warren Commission
Connally
William Gurvich
New Orleans
Jim Garrison
Gurvich
Albert Labiche
Orleans Parish
Grand Jury
Garrison
Labiche
Clay L. Shaw
Shaw
Dallas
Tex
Oswald
Royal guardsmen of Greece wear bouffant skirts and tights
Royal guardsmen of Greece are described in a vivid 1920s image with bouffant skirts tassled garters and white tights creating a formal ceremonial uniform observed by the public and photographers.
MENTIONED IN THIS ARTICLE
Greece
Dow Jones Averages Report With Mixed Movements
The Dow Jones averages show varied movement across sectors with declines for rails and utilities and modest gains in industrials and bonds. Specific indices list the Industrials around 870.61 down 1.50, Rails around 253.39 down 0.13, Public utilities near 130.85 down 0.10, and the overall index around 917.13 down 0.31.
Compromise Advances On Redistricting Limiting Early Requirements
Washington AP Senatorial and House conferees approve a congressional redistricting compromise allowing 33 states to delay compliance with the Supreme Court one man one vote rule through the 1970 census. The plan lets districts stay as is to 1972 elections with later 10 percent or less variation, drawing strong criticism from Kennedy and Conyers who vow continued push for prompt action.
MENTIONED IN THIS ARTICLE
Washington
Senate House
Supreme Court
Edward M. Kennedy
Dmass
John Conyers Jr
D-Mich
Kennedy
Conyers
House
Senate
Sam J. Ervin
D-N.c
Ervin
Future Summits Expected
Johnson briefed congressional leaders on Glassboro talks and suggested possible future direct contacts with Kosygin. White House clarified no specific time or place was agreed, though senators said there was agreement on future meetings in principle and arrangements remain to be set.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Glassboro
White House
Kosygin
George Christian
Christian
J.W. Fulbright
Senate Foreign Relations Committee
Senate
Mike Mansfield
Fulbright-Mansfield
Jones Nominated For Judgeship
President Johnson nominated Woodrow W. Jones of Rutherfordton North Carolina to be U S District judge for the Western District of North Carolina He is 53 a Democrat a former North Carolina congressman and current attorney in Rutherfordton He will replace J Braxton Craven Jr whose position was filled by a White House promotion
MENTIONED IN THIS ARTICLE
Gen Tire
Glen Ald
South Co
Goodrich
Soungas
Goodyr
SouthPac
Grace Co
South
Sauer
AmPetro
tdBrand
ArklGas
AssdOll & G Nseute GreenGnt
AtlasCorp
Teen Greyhound
Barnes Eng Oh
Chile
Stauff
Onlin Sterid
Cdn Javelin
Halliburt
Stevens
Cineraman
Harris Int
Hecla
Merc Inc
Swift Co
NEW York
Hoff Electron
Sais _ EAC
Tektronix
Felmont Oil
Teledyne Inc
Abbott Lab
Teledyne
Frontier
Moust LP
Texaco
Howmet
Texetrh
Gt Basket
Ap Agmillis HuntFds
Tex G Sul
Gulf Am Cp
Texasinst
St — AirRedtn
Textron
Islam Corp
AlcanAlum
A idahoPw
Vw Th.Furnings, Ms
Alleg Cp
al Thioko
Allied C
ingerRand
Allied
Transitron
Alcoa
I. InterikSt
NewPark Mn
Pancoast Pet
Sis IBM
RIC Group
Bosch
UMC Ind
Perry
Statham
AmCrySug
Packers
Elec
Syntex
AmCyan
T&t
Jewel Co
Unitairc
JonnMan
Amet
Jonhnsn Jonna
Ugascp
Am Motors
Jon Logan
Jones L
Elie Us
Keiser al
Siva
Kayser Roennecott
AMP Inc
merneLe
US Steel
Ampex Corp Be
Kerr Mc
Ids
Univopd
Amphenol
KimbCik
Upjohn
Anaconda
Koppers
Ensite Anken Chem
Armco Sti
Varian Asso
ArmsCk
Lenpcem
Avco Cp
Westn Airt
Avon Pa
Babcok
Sau
Beaunit
WinnDix
Sy Beckman
Oritiere
Bendix
Xerox Corp
Boeing
Macyrh
Zenith
Briggs
Associated Press
Brunswick
BucyEre
Budd
Martin Mar
Ren. Bulova
Burt Ind
Mayteg
McKess
Mead Cp
Merckc
CampRe Asa
CaterTr
Monasco
Cerro
Morrell
Ches Ohio
ChrisCraft
Alsen
Chrysier
Inet Cana
ClevEllis
CBS
Nat Steel
Col Gas
Comscre
Nevada
ComSolv
Norfik
OnioEdis
Cowles
Lee
Clinmath
CoxEdcas Ss
Otis Elev
rouseHind
CrowCol
Owensill
Crown Cork
CrownZe
Cudahy Cox
PacGel
Curtis Pub
YelPac
Pan Amwe
Panh EP
Delta Air
DetEdis
PennDixie
DiamAik
Disney
DomeMin
PepsiCo
Draperc
PepsiCo Wi
Drexel
Duke Pw
duPont
Phila el
Duq Lt
Phil Rag
DynamCep
PhilMorr
Pa Ag Ip
East Air
ubSvCol
EiBonds
Pubiking
Electron
Pugspl
EiPasonGch Line
Isl Pullman
Ladies End Johnson
ErieLack
Fair Hill
Sanders
Scott Paper
UY Sears Roe
Washington
Johnson
Woodrow W. Jones
Rutherfordton
N. C
U.S
North Carolina
Jones
J. Braxton Craven Jr
White House
Craven
Also Mentioned on This Page
Stock Market Report
American Exchange
NEW York Stock Index
American Stock Exchange
Aests
Pilus
The
NEW York — Exchange
Ray Hubbard
National Post
Garrisons
District Attorney's Office
Dow-Jones
A.P. Stock
Gress Ind
Railsuit
Tee