Stock Market Mixed Fractions Amid Earnings Outlook
The Dow tumbled 1.84 to 873.44 at noon while the Dow Jones 65 comic index rose 0.06 to 311.32 as investors parsed quarterly earnings. Rail stocks rebounded after news of a Supreme Court merger delay. SCM Corp fell over 4 amid profit-taking. aerospace trimmed gains on Vietnam truce chatter.
MENTIONED IN THIS ARTICLE
New York
Aeenna Utilities
Associated Press
Stateteamers
New York Central
Pennsylvania Railroad
Supreme Court
SCM Corp
Mack Trucks
SCM
Mack
United Aircraft
Douglas Aircraft
Aerospace
Vietnam
American Stock Exchange
Rusco Industries
Cook Electric and Alloy
Unlimited
Thompson-Starrett
Viewlex
Atco Chemical
Great American Industries
Brazilian Traction
Baifield Industries
New York Cotton Futures Open Quiet With No Trades
The New York cotton market opened quiet with no trades recorded on May, July, October, December, March, and July futures as reported by AP from the New York Exchange.
MENTIONED IN THIS ARTICLE
New York
Stock Dividend and Ex Dividend Annotations
A dense list outlines various stock dividend scenarios and terms including ex dividend ex distribution and warrants. It notes classifications such as paid in stock during 1967 and prior years and references accumulation, arrears, and new issues with related actions and timing. The text also mentions bankruptcy and foreign issues with tax considerations.
A.P. Stock Averages and Dow Jones Figures Listed
The report shows A P averages with Dow Jones values including 873.44 and 184 232.31 with shifts of 0.52 and 0.06. It lists additional figures 297624054 and 991.324 with minor changes 0.08 and 0.05 and notes S471 ounces.
North and South Carolina Five Day Forecast Update
North Carolina and South Carolina see partly cloudy conditions through Thursday with cooler nights. Thursday highs reach the 60s to 70s in most areas, mountains near 70, coast to the upper 70s. Above normal temperatures continue through Monday with minimal rainfall and only light showers possible early in the week.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Buse to Join Comer Associates as Vice President
Richard S. Buse of Shelby, director of industrial relations for PPG Industries Fiber Glass Division, will become vice president of Patrick B. Comer Associates in Greensboro on May 1. He will resign from PPG on April 30 and will serve as a director of the Comer firm whose clients span textiles, furniture, hosiery, machinery tools, business systems, metalworking, poultry processing and garments.
MENTIONED IN THIS ARTICLE
Richard S. Buse
Shelby
PPG Industries
Fiber Glass
Patrick B. Comer Associates
Greensboro Management Consultants
Robert D. Higgins Jr
Buse
PPG ‘Industries
Pittsburgh Plate Glass Co
Comer
Carolina Freight reports 21 percent revenue rise in 1966
Carolina Freight Carriers Corp. based in Cherryville reports a 21 percent rise in gross revenue for 1966 to 36,147,620 up from 29,881,022 in 1965. Notes exceed one million with 1,172,927. Shipments and earnings per ton both increase from 1.25 to 1.55.
MENTIONED IN THIS ARTICLE
Carolina Freight Carriers Corp
Cherryville
All Carolina
Allings
Pentagon clarifies Kennedy assassination communications and alerts
The Defense Department rejects claims of a nationwide alert and says governmental communications remained fully operational after the Dallas shooting. It notes no official change in alert status, though some commands took precautions and SAC tightened briefly.
MENTIONED IN THIS ARTICLE
Senate
House
White House
Signal Corps
Manchester
Edward M. Kennedy
Washington
Robert F. Kennedy
Defense Department
Chesapeake and Potomac Telephone Co
United States
Secretary of Defense
Robert S. McNamara
Kennedy
Dallas
Joint Staff
SAC
Strategic Air Command
Pentagon
McNamara
Department Store Halts Book Sales in Pittsburgh
Kaufmanns department store paused selling William Manchesters Death of a President until the official publication date April 7. A store spokesman cited the official date and said sales have been just fair.
MENTIONED IN THIS ARTICLE
Pittsburgh
Kaufmann
William Manchester
Housewives Shock at TV Schedule Changes Amid Writers Strike
New York AP reports 18 000 AFTRA members on strike forcing CBS ABC NBC to replace soaps and news with reruns and pretaped shows. Ed Sullivan and Jackie Gleason fare, while sports like the Masters and NHL playoffs may be overseen by supervisors if the strike persists.
MENTIONED IN THIS ARTICLE
New York
Housewives
Chet
Teevision
American Federation of Television and Radio Artists
ABC
NBC
Hugh Downs
CBS
Joseph Benti
Arnold Zenker
CBS News
Guiding T
Ed Sullivan
Jackie Gleason
Augusta
Students push to lower voting age to 18 in North Carolina
Richard Callaway for the Voting Age Council of North Carolina urged the House constitutional amendments committee to lower the voting age to 18. He argued 18 year olds pay taxes and have families and that if they can die for country they deserve a voice in government.
MENTIONED IN THIS ARTICLE
Raleigh
University of North Carolina At Chapel Hill
Richard Callaway
Voting Age Council of
North Carolina
House
Constitutional Amendments Committee
Callaway
Bill Britt
Johnston
NYSE Noon Index Roundup
The Noon New York Stock Exchange index figures show mixed moves with the Market-6 cents index at 49.75, down 0.06. Industrial at 49.94, down 0.19. Transportation 5.30, down 0.10. Utilities 48.03, up 0.10. Finance 49.36, down 0.09.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Pre-Induction Draft Physicals Cut Back in North Carolina
In Greensboro AP report, State Selective Service cuts pre-induction exams for three months due to reduced federal funds and high draft calls. State director William H. McCachren says the slowdown lasts until July when the 1967 68 budget starts. He cites budget limits and a large pool of eligible registrants as reasons.
MENTIONED IN THIS ARTICLE
Greensboro
William H. McCachren
McCachren
North Carolina
Court Action Seen In School Bus Case
North Carolina House committee hears that court action will follow if a bill to provide bus transportation for pupils living 1.5 miles or more from school is not enacted. Advocate Rep. Elon Edwards cites a $1,444,000 biennial cost and 54 to 60 thousand pupils to be served. Several superintendents support the measure.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
House
General Assembly
Elton Edwards
D-Guilford
W. Frank Taylor
Goldsboro
N.C. Bus Association
House Education Committee
Taylor
Edwards
CIA Orders Cutoff of Subsidies to Private Groups
President Johnson ordered the CIA to halt all subsidies to private educational, philanthropic and cultural organizations. He announced a new special committee including private citizens to study open channels for government aid, following a report from a three member panel about covert subsidies to the National Students Association and labor unions.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Central Intelligence Agency Today
CIA
National Students Association
Unons
TV Newsmen Strike Hits Morning Shows in Major Markets
About 100 AFTRA members at network owned stations in New York Chicago and Los Angeles walk out seeking higher base salaries and larger returns from commercial fees on sponsored programs. NBC Today and CBS morning news shift to supervisory staff while Hugh Downs pickset in rain.
MENTIONED IN THIS ARTICLE
New York
Chicago
Los Angeles
CBS Morning News
Joseph Benti
Hugh Downs
NBC
West 49Th Street
RCA
Downs
General Hospital
Eagles Proposes Fifth North Carolina District Map
North Carolina General Assembly hears Rep. Joe Eagles outline of a fifth congressional redistricting plan. It pairs several incumbents against each other, moves Nick Galifianakis, and leaves no incumbent in districts six and eight. Gardner Jonas and Fountain Whitener face new matchups.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina General Assembly
Joe Eagles
Edgecombe
Eagles
L. H. Fountain
Jim Gardner
Charles R. Jonas
Basil Whitener
Gardner
Jonas
Nick Galifianakis
James Broyhill
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Swift Co
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Crox Corp
Lukens
Tedh
Ind. Rails Util
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Ray Hubbard
New Post
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