Market slides as GM dividend action spooks investors
The New York stock market opened with a sharp loss amid unease over dividend moves by General Motors and cautious signals from Washington. GM fell about two points after its late yesterday dividend declaration, reducing six month payouts to 5 cents a share, well below the 2.25 set in early 1965.
MENTIONED IN THIS ARTICLE
New York
General Motors
Washington
Otis? of
American Stock Exchange Am
Scheniey
Schering
WlamPetrot A
Ark la Gas
Ivy
Sears
Oll & G
Atlas
GaPacific
Braz Trac
iTra Geft
SingerCo
Goodred
Smithk
Cinerama
Goodyr
GraceCo
Granitcs
Soucale
Gtarp
South Co
Mee
Soungas
Oltagiensiensie
Sperry Rand
Grumnaire
Abbott Lab
Halliburt
Guif Am Ld
Hycon
StanWar —Ig
Kaiser Ind
canAlu
Me Eat Here Inc
StaviiCh
Mackey Air
McCrory
al Eguud
HewPack
Stevens JP
Alieg Pw
Be ‘E Hobart
Studebaker
Hoff Electron
AlliedStr
Momes
Wy Swift Co
Scurry Rain
Airlin
Esa
T— Air 264
Arm Bosch
Tampa
HouseFinni
Tenneco
Houst LP
Texaco
Statham
Tex&Trn
Systex
HuntFds
Hupp Cp
Associated Press
AminoCo
TranswaAir
Transam
Transitron
Am Motors
Inter Ist
Cglithen & Smelt
AMP Inc
Iteckibe
UnitAire
Armpharsis
Anken Chem
Arncost
Akcline
KimbClark
Uptonn
Babcokw
Kroger
Vanadtp
WarnLam
Beth Sti
el Ibpmcn
Eo WashWat
wlowSs
Wi Westn Airl
Borden
BorgWer
Brunswick
Wilson Co
Bucy
Lorillard
Lucky
Lukens
WinnDix
Weething
Bulova
Bullard
Ei Burland
Mack Tr
Kerox Cp
Burroughs
Zenith Red
artinMar
Can Ory
anPac
DonAir
Carterw
Mlackess
Merritt
Cnee Mgm
Mohesco
MontWard
MerrellCco
Colg Pat
Nat Bisc
CBS
Rai
Nat
Col Pidt Sat
Col Gas
Ncashr
NatOairy
Nat Steel
Norngesi
CoxBdcas
Nste Pw
Siva
CrowCol
NwstAirt
MwBan
M&+h Cruc
Norton
Norwich
Carter
DanRiv
OhioEdis
Clinmath
Otis Elev
Pa Owensill
Doug Airc
Pactat
Dow Chem
Draper
ParkeDev Ja
PennDixie
Phil Rdig
Pitney Bow
M Procter
RCA
RalstonPur
Rayonier
Over-The-Counter Stock Averages Report
Quotations from the NASD reflect inter-dealer prices around 10:30 a.m. today. Markets change throughout the day and prices exclude retail markups, markdowns, or commissions. Ask prices include approximate markup.
Asheboro School Head Testifies in Integration Case
Asheboro Superintendent Guy B. Teachey testified in U S Middle District Court as the North Carolina Teachers Association seeks to prove Negro teachers were dismissed during school integration. The board says no teachers were fired for race, while the case weighs if constitutional rights were violated amid the reorganization leading to Central High School’s abolition.
MENTIONED IN THIS ARTICLE
Central High School
Asheboro High School
Pound Breakdown: 2.80 Divided by 8
A note explains that the present pound value, stated as 2.80 dollars, can be divided into eight equal parts. Each portion would represent a fraction of the dollar value, illustrating an arithmetic division concept.
How To Ease Pain On Moving Day
A guide by Carlton Smith and Richard Putnam on avoidingMoving scams and extra charges. The piece warns about miscommunication with movers and ICC rules, and advises shopping for lower rates, verifying weights, and ensuring timely cash. It highlights reader issues with unexpected bills and provides practical steps to protect finances during relocations.
MENTIONED IN THIS ARTICLE
Carlton Smith
Richard Putnam
Erange
Chicago
Interstate Commerce Commission
Lowance
ICC
Lyles Named Auto Dealers Treasurer
George W. Lyles Jr of High Point was elected treasurer of the North Carolina Automobile Dealers Association at the concluding business session of its 31st annual convention. C Odell Matthews of Winston Salem was elected president Henry H Sandlin of Dunn was elected vice president and R D McMillan Jr of Red Springs was named secretary.
MENTIONED IN THIS ARTICLE
Pinehurst
George W. Lyles, Jr
High Point
North Carolina Automobile Dealers Association
C. Odell Matthews
Winston- Salem
Henry H. Sandlin
Dunn
R. D. McMillan, Jr
Red Spring
Regional Medical Programs Praised At Medical Meeting
Dr Paschal of Raleigh told the North Carolina Medical Society luncheon that regional medical programs hold potential to improve patient care and public health. He urged unified organized medicine to lead program implementation while noting shifts in social security and Medicare could bring reasonable fees for physicians.
MENTIONED IN THIS ARTICLE
Seaheed Ww Oan Jr
Raleigh
Medical Society of
North Carolina
Paschal
Guardsmen Seek Blood For Viet Nam Drive
Gov. Dan Moore announced North Carolina National Guard units will join a nationwide effort to collect 5,000 pints of blood from state members as part of the Blood for Defense drive supporting U S servicemen in Viet Nam. Brig. Gen. Roy E Thompson will oversee the NC program with Red Cross coordination for mobile blood units statewide.
MENTIONED IN THIS ARTICLE
Raleigh
Dan Moore
North Carolina National Guards
U.S
Viet Nam
Moore
North Carolina
Roy E. Thompson
Red Cross
North Carolina Water Projects Seek Federal Funding
Senator B Everett Jordan and Senator Sam Ervin urged Congress to approve funds for 20 NC water projects starting July 1. Notable items include 150000 for a 149 million hurricane dike on the Neuse, 42000 for a 1637 thousand Beach and Reservoir project, and 250000 for a 1208 thousand Beaufort Inlet jetties project. Preliminary engineering and planning for the New Hope Reservoir proceed on schedule with land acquisition and construction to follow.
MENTIONED IN THIS ARTICLE
Wilmington
Neuse
Beaufort Inlet
Sen
B. Everett Jordan
Dn.c
Ervin
Congress
North Carolina
Jordan
New Hope
Frustrated mover seeks tips to save money and avoid headaches
A fragmented snippet mentions hyper fringe anime, savings, and moving headaches suggesting guidance to reduce costs and stress during relocation.
Hole In Two Stuns Mebane Golfer Pocketing Ball
In Mebane North Carolina an AP report states a golfer made a remarkable two on a hole when the second shot dropped into John’s shirt pocket. The event drew attention for its improbable placement and local excitement.
MENTIONED IN THIS ARTICLE
Mebane
N. C
John
Poles Gather For 1000 Year Church Jubilee in Poland
In Czestochowa a crowd exceeding 100000 attended a dawn service marking Christianity’s millennium in Poland. Cardinal Wyszynski and Father Melchior Krulik spoke as police harassed marchers. Pope Paul VI did not attend.
MENTIONED IN THIS ARTICLE
Czestochowa
Poland
Stefan Cardinal
Wyszyn
Melchoir Krulik
Paul VI
Smokers In Three Classifications Reported At Conference
At the National Interagency Conference on smoking held at the University of Maryland, experts outlined three smoker types. The lightest smokes for pleasure, another smokes to feel less bad, and a habitual smoker who may light up absentmindedly. Horn urged tailored help, noting the third type responds best to simple habit-breaking techniques as the three-day meeting drew to a close.
MENTIONED IN THIS ARTICLE
College
Oma Md
University Maryland
Horn
Ex-Secretary Gave Information on Dodd
Former personal secretary for Sen. Thomas J. Dodd told The New Haven Journal that she helped columnists Drew Pearson and Jack Anderson obtain information about the Connecticut Democrat. The aides faced a difficult choice and described the decision as a terrible chance taken to assist with data on alleged personal use of funds from dinners.
MENTIONED IN THIS ARTICLE
New Haven, Conn
Thomas J. Dodd
Today
Drew Pearson
Jack Anderson
Connecticut Democrat
New Haven Journal
Dodd
Comenier Ould
Pearson
Anderson
Also Mentioned on This Page
Stock Market Report
American Exchange
New York Exchange
Seicen Bees Na Panies
o—Alto
National List
Amer. Furn. Co Eres
Colonial Stores
Carolina Freight ‘First Union Bank
Franklin Life Wee Eee
Ta Ewawe iGulf Life Ins
Jeffer. Stan. Life XD
Lance, Ine Pada Otnes
Life & Cas. Ins
N. C.N. B. Opkhans
Pied. Aviation Se Eens
Pied. Nat. Gasserie
Asheboro
Lyles
Ss Ind. Railis Util
Aia
Associated Press da Rails Ind
Fon. T
Dow-Jones _Averagesy
Industr
Issuduksvord
Svesrsovet
iWebagenatas
Dee Scamenhods
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