Market Rally After Fed Move Lifts Stocks Across Board
The Fed increased lendable funds for banks triggering a broad stock market rally. The Dow rose about 5.7 points by late morning with the Associated Press average up 1.9 to 315.0, as industrials rails and utilities gained and traders reported heavy activity and more buy orders.©
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Fed
Associated Press
Federal Reserve
U.S. Treasury
Draper Corp
IBM
Xerox
Douglas
Ling Temco Vought
McDonnell Co
American Telephone
Eastern Air Lines
Gulf & Western Industries
Control
Outboard Marine
General Tire
Brunswick
Avco
U.S. Steel
Republic Steel
General Motors
Boeing
Anaconda
du Pont
General Foods
Owens-Illinois
Glass
Polaroid
American Airlines
American Stock Exchange
Flying Tiger Ee
NYSE Afternoon Prices and Dividend Footnotes
The New York Stock Exchange lists afternoon prices with dividend rates as annual disbursements from last declarations. Footnotes clarify special terms such as stock dividends, ex-dividend dates, and various classifications like new issue, declared, or paid in 1966 or 1967.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Unness
Fasting Soldier Refuses Food in Army Protest
Army medic PFC Levy, an Orthodox Jew, began a May fast to protest military service and claims he will starve rather than serve. He is held in communicado at Madigan and may receive intravenous feeding if needed to stay alive. Enka declares 32 cent dividend payable March 28 to record March 15.
MENTIONED IN THIS ARTICLE
NEW York
American Enka Corporation
Barry Burdett
Tacoma
Wash
William L. Hanson
Robert
Kansas City
Levy
Army
Ft. Lew-Maris
Wey
Hanson
Lumpenee
Madigan
Iesman
Cotton futures open quiet with no trades registered
New York markets report a quiet start as cotton futures open without any actual trades recorded. The absence of activity suggests a cautious session as traders await clearer guidance.
MENTIONED IN THIS ARTICLE
New York
Baptists Support Legislation on Minister Testimony
Raleigh AP report says the Baptist State Convention public affairs committee backs bills to shield ministers from being compelled to testify about confidential matters. Brodie S. Griffith of Charlotte chairs the committee and notes support to strike the law allowing a judge to demand disclosure if deemed necessary for justice.
MENTIONED IN THIS ARTICLE
Raleigh
The
Baptist State Convention
Brodie S. Griffith
Charlotte
Underwriters Luncheon Focuses on Prospecting
The Piedmont Association of Health Underwriters will host a noon luncheon at Sedgefield Inn on Friday. President William F. Hohenwarter announced continuation of the sales discussion with prospecting as this meeting's topic.
MENTIONED IN THIS ARTICLE
The
Piedmont Assn. of Health Underwriters
Sedgefield Inn
William F. Hohenwarter
Piedmont Natural Gas Sets Weekend Volume Records
Piedmont Natural Gas broke its own 24 hour volume record twice during a winter cold snap. By 8 a.m. Saturday the company had delivered 181,487 MCF, beating the prior 169,988 MCF from Jan 30 1966, with hourly peaks above 9.5 million cubic feet. By 8 a.m. Sunday it reached 186,029 MCF, topping the previous day’s mark.
MENTIONED IN THIS ARTICLE
Piedmont Natural Gas Co. B
Piedmont
Pilot Life promotes three High Point area residents
Pilot Life Insurance Company home office in Sedgefield promotes three local employees. F. B. Auman of Rt. 4 becomes assistant manager of the group administration department. J. H. King Jr. of Knollwood Drive Jamestown is named assistant manager of the group contracts department. G. G. Sevhrest of Hillside Drive is promoted to manager of the Scholastic claims department.
MENTIONED IN THIS ARTICLE
High Point Area
Pilot Life Insurance Com Home Office
Sedgefield
F. B. Auman
Rt. 4
J. H. King Jr
Knollwood Drive
Jamestown
G. G. Sevhrest
Hillside Drive
Scholastic
North and South Carolina Weather Forecast Update
Fair and cold tonight with lows near 20 to 30. Thursday partly cloudy and warmer with highs 50s. Weekend totals show 0.25 to 0.75 inch of showers. Above normal temperatures expected Thursday through Monday across both states with coastal areas reaching around 70 and mountains in the 50s.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Coastal Plain
Klan Leader Added To List Charged In Triple Slaying
Meridian AP report says Sam Bowers Jr., a Laurel coin machine distributor and imperial wizard of the White Knights Klan, is among 19 men charged in federal indictments tied to the 1964 Philadelphia Mississippi triple slaying. Indictments in the Dahmer firebombing case were also revisited as 18 defendants, including Sheriff Lawrence Rainey and Deputy Cecil Price, surrendered after posting bonds. The three Civil Rights workers, James Chaney, Andrew Goodman, and Michael Schwerner, disappeared June 21 1964 and were found later shot beneath a dam.
MENTIONED IN THIS ARTICLE
John Pearce Meridian
Miss
Philadelphia
Sam Bowers Jr
Laurel
Bowers
FBI
Imperial Wizard
White Knights
Ku Klux Klan
Vernon Dahmer
Hattiesburg
Dahmer
U.S
Neshoba County
Lawrence Rainey
Cecil Price
Michael Schwerner
Andrew Goodman
James Chaney
Price
Chinese purge rift fuels line in star report
The Star cites Western observers in Hong Kong and internal sources claiming Lin Piao opposed Mao on five purge areas. Lin pressed Chou En-lai to halt the cultural revolution, restore agriculture and industry, and assume foreign affairs control to stabilize China.
MENTIONED IN THIS ARTICLE
Lin Piao
Hong Kong
Mao
Star
Lin
Lo Jui-ching
China
Hsiao Hua
Army
Peking
Chou En-lai
Chou
Lewallen Expected to Give Statement in Probe
James Lewallen, named in a subpoena by Dist. Atty. Jim Garrison, was expected to report to Garrison’s office to make a statement in the presidential assassination investigation. His mother declined to reveal whereabouts or whether he would appear.
MENTIONED IN THIS ARTICLE
New Orleans
James Lewallen
Dist. Atty
Jim Garrison
Garrison
Lewallen
Bernard Baggert
Boeing Company
Paris Ave
David William Ferrie
Nicholas Chetta
Orleans Parish
Ferrie
Chetta
Decision On Powell Due Today
The House faces a vote on stripping Adam Clayton Powell of much of his power. The select committee recommends seating Powell with censure, a $40 000 pay loss, and loss of seniority. Support exists from leaders but opponents vow to block the measure amid a tight parliamentary battle.
MENTIONED IN THIS ARTICLE
Carl P. Leabsdorf
Washington
House
Adam Clayton Powell
Harlem
Powell
Congress
Milk Bill Sent to Subcommittee for Study
RALEIGH AP The act to Lower the Price of Milk was sent to a special House Agriculture subcommittee after full committee discussion. Rep Allan C. Barbee moved for thorough study. Chairman James Speed will appoint a subcommittee to report next week. Forsyth Reps Jemison Ingle and McKnight sponsored the bill to remove the price floor section from the current price setting law.
MENTIONED IN THIS ARTICLE
Raleigh
House Agriculture Subcommittee
Full Agriculture Committee
Allan C. Barbee
D-Nash
James D. Speed
Franklin
Forsyth
Howard A. Jemison
Ronald K. Ingle
J E. M. Mc
Thousands March at Armstrong Plant Gates in Natchez
About 2,000 Negroes marched to the Armstrong Tire and Rubber Co gates in Natchez demanding justice for William Jackson killed by a bomb. NAACP officials, police, and FBI investigated as rewards totaling $35,000 were offered for information leading to arrests.
MENTIONED IN THIS ARTICLE
Bill Neikirk
Natchez
Miss
Armstrong Tire and Rubber Co
Wharlest Jackson
Charles Evers
Mississippi
National Association For the Advancement of Colored People
Jackson
NAACP
Evers
Armstrong
FBI
J.T. Robinson
Armstrong Rubber Co
Robinson
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