Johnson pushes six percent income tax surcharge
President Johnson renews the call for a six percent income tax surcharge later this year to boost the economy and revenue. Former Commerce Secretary John Connors opposes tax hikes and urges withdrawal of the proposal citing a slower economy and widespread slowdown.
MENTIONED IN THIS ARTICLE
Sally Ryan
NEW York
Johnson
John T. Connor
Connor
Allied Chemical Corp
Society of American Business Writers
Congress
House
Senate
Gardner Ackley
Ackley
Inflation Looms as Johnson Deficit Drives Market Bets
Wall Street buzz centered on LBJ’s fiscal path as inflation pressures grow. William W. Sherrill named to the Federal Reserve Board suggests accommodation policy to fund a near 20 billion dollar deficit for fiscal 1967-68, boosting stock prices amid rising consumer costs and dollar decline.
MENTIONED IN THIS ARTICLE
Lou Schneider
Alliance
New York
Johnson
LBJ
Houston
William W. Sherrill
Federal Reserve Board of Governors
FRB
White House
Wall Street
Sherrill
Martin
Treasury
Federal Reserve
Hatteras Yacht Named Host Vessel for Expo 67
The 44 foot Hatteras triple cabin yacht La Dauversiere will serve as the VIP hosting boat for Montreal mayor Jean Drapeau during Expo 67. Northern Yachts will lend the vessel, berthed at Port Sainte Helene Marina, with room for ten guests and equipped with a full salon, galley, and entertainment center.
MENTIONED IN THIS ARTICLE
Hatteras
Jean’ Drapeau
Montreal
Northern Yachts, Inc
Henderson Harbor
N. Y
Dock No
Port ‘Sainte-Helene Marina
Lordship
New York
la Dauversiere
Electrocution at Asheville Elecrical Work Claims Two
Boyd C Harwood and James Cudd, ages 38 and 37, were electrocuted while trying to erect a television antenna at the Cudd residence near Asheville. The antenna arcged onto overhead high tension lines. deaths ruled accidental.
MENTIONED IN THIS ARTICLE
Asheville
Boyd C Harwood
James Cudd
Cudd
Security Quotations Overview From NASD Prices
The Associated Press reports NASD quotations as representative inter-dealer prices around 3:00 p.m. Thursday. Markets fluctuate during the day and prices exclude retail markups, markdowns, or commissions.
Market Gains as Dow Closes Near One-Year High
The stock market rose Friday in active trading reaching its highest level in almost a year. The Dow Jones average rose 4.01 to 905.96 while the AP 60-stock average climbed 2.3 to 330.6 its best since May 6, 1966. Overall volume was 10.64 million shares with 649 up and 589 down.
MENTIONED IN THIS ARTICLE
NEW York
Associated Press
New York Stock Exchange
Hoff man Drug Co. Changes Hands in High Point
Al Elder takes ownership and continues operations at Hoff man Drug Co on E Green Dr after purchasing from Joseph F. Hoffman who retires after 53 years. Elder, a Mississippi native, earned a 1956 pharmacy degree from the University of Mississippi and will keep the firm’s name and operations unchanged. He and wife Sherrill have daughter Lauren and reside at 620 Rockspring Rd. They attend First Methodist Church.
MENTIONED IN THIS ARTICLE
al Elder
Hoffman Drug Co
E. Green Dr
Mississippi
High Point
Hoffman Drug
Joseph F. Hoffman
Elder
University of Mississippi
Corinth
Miss
Sherrill
Lauren
Rockspring Rd
First Methodist Church
Mann Drug Co head joins 50 Plus Club milestone
David A. Dowdy of Mann Drug Co. is inducted into the 50 Plus Club for more than fifty years as a licensed druggist. A Southeast woodworking machinery clinic in High Point May 11 to 19 will showcase a Speedbelt planer and a thin face veneer sander. The event aims to attract plant managers and production staff from the Southeast. F. W. Short of Piedmont Electric Repair Co. is invited to a static control seminar by General Electric in Yeton May 9 to 12 focusing on electrical circuit design and machine controls. Short is a Duke engineering graduate and a 30 year Piedmont veteran.
MENTIONED IN THIS ARTICLE
Johnson
Chicago
Detroit
Ford Motor Co
General Motors
American Motors Corp
AMC
Redisco, Inc
Chrysler
Ford
Securities and Exchange Commission
Congress
General Electric
National Sugar Refining Co
Cerro Corp
U.S
Aerotron
Alley
Pepsi Os
American & Efird Va
American Fidelity
American Land
Atlanta Gas Light
Barber Greene
Bassett Furniture
Bowater Paper
Brush
Jbl Co. M. C. Finance
Carolina Casualty Ins
Carolina Freight Carriers
Carolina Patel Gas
Carolinas Wa
Central Caraine
Central Vermon
Coastal Plain Life Ins, Co. Lle
Colonial Life & Accid
Colonial Stores Com
Colonial Stores
Colorcraft
c wealth Life a\e
Eastern Utilities
Eckerd Drugs
Farmers New World
Fidelity Bankers Life
SG a@ International
Gulf Life Ss
Hardees Sys
Hardees Sys. Seo
Hatteras Yacht
Ry Henredon
Interstate Life & Accid
Inc. Syn. of Canada
Jefferson Ltd. Life
Joslyn Mfg
Kaiser Steel
National Life & Accid
National Old Line
Nationwide
New Britain Machine
North Amer. Life
N. C. National Bri
N. C. Natural
Northwestern Bank
Occidental Life
Peoples Nat. Gas
Ie Penobscot Shoe P& 53
Piedmont Aviation
Piedmont Natural Gas
Pierce & Stevens Chem
Public Service of N.C
Roberts Co
Rockwell
Security Life & Trust Sonoco
Sorg Paper Co
Southland Life
State Capital Life
Sterling
Textiles, Inc
Thermo Plastics
Triangle Brick U. S. Realty
Wachovia Bank
Walter, B. B. Shoe
Western Power & Gas
David A. Dowdy
Mann Drug Co
Southeastern
High Point
3M Company
Brevard Street
F. W
Bill) Short
Piedmont Electric Repair Co. Inc
General Electric Corp
Yeton
Short
Duke University
School of Engineering
Piedmont
Also Mentioned on This Page
Labor Department
Bureau of Labor Statistics
Arthur M. Ross
Bureau
Ross
Johnson Administration
Hatteras Yacht Is
The
Amazon
Hillery H. Rink Jr
Amazon Cotton Mill
Thomasville
Rink
R. C. Rapp
Rapp
Cannon Mills
Amazon Mills
Catawba College
State Farm Post
Walter Sherwood Daniel
State Farm Mutual Automobile Insurance Co
Greensboro
High Point Central High School
Guilford College
Whilden St
Civil Engineers
North Carolina
American Society of Civil Engineers
Winston-Salem
R. J. Reynolds Tobacco Co
Town Steak House No. 1
Zett Award
M. J. Zett
Zett Air Conditioning & Heating Co
General Electric Central Air Conditioning Department
Churchill Downs
Zett
Ray Hubbard
Harry Hahn
Stanley Furniture Co., Inc
Chaiman
SFRA
SFMA
Sugar
James E. Foscue
Phillips - Davis, Inc
Thomas C. Ragsdale
Jamestown Mills, Inc
Martha Sugar
Phillips-Davis, Inc
Miss Sugar
Val Harper
Jamestown Mills
Ned Lilly
Jamestown
Monsanto Co
Hornblower & Weeks, Hemphill Noyes
W. Friendly Ave
Geo. G. Jones
Res. Mgr
Charles E. Diffendal
Crown
Intel
Instant Copies Inc
Robert A. McCliston
Life Accident & Health Group Pension Plans
High Point Bank
J. Sturgis
MAY
North Carolina Bank
E.O. Lane
Chevway National Leasing and Rental System
Lane
John Diffendal
Travelers
Hartford
Conn
Piedmont Insurance
Transco Lyles
Chevrolet Co., Inc
N. Main St
Chevrolet Dealers
George W. Gillie
Allen B
Welborn
West Green Dr
John W. Herndon Agency
General Insurance
High Point, N. C
John W. Herndon
Professional Life Insurance Service
Geo
P. Clark
ALU
Lyon
Mutual Life Insurance
America
New England
Hayden Place
Life Insurance
Mau
CNC Ltd
Edgar T. Docbrow
Fide
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