Stocks Rise With GE Dividend Hike and Mixed Market Moves
General Electric jumped on news it raised its quarterly dividend to 55 cents from 50. Dow Jones averages edged up marginally amid mixed moves as American Crystal Sugar, CBS, and Xerox rallied while Chrysler and Ford saw declines. Major steels and Standard Oil subsidiaries posted small losses, and bond prices fluctuated as trading cooled on the day.
MENTIONED IN THIS ARTICLE
General Electric
Anacorda
CBS
Tral Aguiffé Wete
Port
South Puérte Po
U.S
NEW York
Auto New York
Nowa
Ied
Chavec Eens
Allis Chalates
Am Can Co
Am Erika Enews Ane T
Air- Am Motors
Téfley
Tel & Tel
Atch T&sf Whee
Wall Street
Atl Coast Line
Nail Distillers
Dow Jones
Célatese Corp
Spiny Central Ee Baae
North West
Shartetee Fue
iNo Am Avia
Ce Tendos Ot
Param Pidt
Chae
Pennsy J C
Pennisy
G&e
Pepsi Cola Eee Ea
Phillips Petr
Pitt
Curtiss
Radio Corp
Uglas Airc
Rep Sti
Dow Chem
Reynolds Tob
Duke Pow
Goodrich
Goodyear T&r
United Airlines
Greyhound
United Fruit Air
Gulf
Corp
Cato Chetti
Kayser
Va Ei & Pow
Liggett & Myers Besten Tral
Va Pap
Lorillard
Sete
See Dee Yi
Marti Marietta
Westing el Morsaille
Winn Dixié
Monte Ward
Woolworth Pardaee
Motola
Zenith Rad
Utilities Tax Deduction Study May Continue
City officials discussed continuing study on whether municipal utility revenues could be treated as tax deductible payments. Council members Hancock and Eshelman backed examining legal merit. City Attorney Walker noted federal rules already limit deductibility for water and sewer charges. The debate touched on street paving water and sewer improvements and potential impacts on residents and annexed areas.
MENTIONED IN THIS ARTICLE
Knox Walker
L. H. Hancock
Walker
Hancock
Council
Ministers Press for Access to Segregated Jail Cells
Northern ministers protest segregation in jail cells and appeal to Gov. Terry Sanford and Mayor N. C. Green of Williamston to permit clergy to minister to both black and white prisoners. They ask for prayers and visitation rights to ease racial separation. Burgess linked to the visit is not further identified.
MENTIONED IN THIS ARTICLE
Burgess
Terry Sanford
N. C. Green
Wil Liamston
Most Exciting Age In History Says AP Chief
Miami Beach AP chief Wes Gallagher says the age is exciting due to social questions political fury scientific advances and rapid news changes He emphasizes better packaging of news and the need for enterprise reporting For 1964 he predicts a bumper news year with a strong political campaign and new AP reporters and photo honors announced by the APME to recognize top staff work Dickinson leads annual awards with cash prizes for best reporters and photographs.
MENTIONED IN THIS ARTICLE
Miami Beach
Fla
Wes Gallagher
Associated Press
Gallagher
Amnual
tAssocistad Press
Edidetade
Integrators Association
Khrushchev
Assocs
Viet Nam
Indonesia
Berlin
North Africa
Washington
Foreign Service
AP i
APME
Wiliam B. Dickinson
Philadelphia Bulletin
AP Ibe
Will Dickinson
Painters Outdo Themselves in Courtroom Work
Washington AP reports painters used in the U.S. attorney's office at the Court of General Sessions last summer. They worked over the room including filling in all the tiny holes in the acoustical ceiling.
MENTIONED IN THIS ARTICLE
Washington
Igusto
U.S
Court of General Sessions
Committee Cuts Public Works Budget For FY Next Year
The House Appropriations Committee slashed more than 28 million from President Kennedy's public works budget. It sent a bill to the House for action proposing 4.276 billion in new funds for river and harbor projects flood control reclamation and TVA and AEC programs while preserving a total reduction of 285.69 million. The action marks the first legislative step with further possible cuts or restorations ahead.
MENTIONED IN THIS ARTICLE
Washington
Hose Appropriations Committee
Kennedy
Kentucky
House
Atomic Energy Commission
Tennessee Valley Authority
Kennedy urges tax cuts as unions push for jobs
In a prepared speech Senator Kennedy backs an $11 billion tax reduction to spur a peacetime expansion and address unemployment as AFL-CIO delegates press for a shorter work week. He deflects a direct answer on Meany’s top priority while urging prompt passage of the tax bill.
MENTIONED IN THIS ARTICLE
South America
Kennedy
Congress
Union
AFL - Cio
George Meany
Mendenhalls Highlight Local Realtors Leaders
From 1950 to 1953 the Mendenhalls led the Realtors Institute and he twice presided over the High Point Board of Realtors. Mrs. Mendenhall, formerly Annie Robbins, and the couple share two children, E. Mendenhall II and Martha And Braman Mendenhall.
MENTIONED IN THIS ARTICLE
Ction's Realtor's Institute
High Point Board of Realtors
Mendenhall
Annie Robbins
E. &. Mendenhall II
Martha and
Braman Mendenhall
Byrd Tax Restriction Idea Sparked Recession Worries
The proposal by Byrd on tax restriction was forecast to trigger a recession if enacted swiftly. That outcome did not occur, and today the economy shows unusual prosperity.
MENTIONED IN THIS ARTICLE
Jon
Bear season opened near Raton to curb hungry bears
Raton New Mexico AP reports the city commissions opened Sugarite Canyon northeast of Raton to a 90 day bear season. Bears have been entering populated areas due to food and water shortages prompting the move to reduce the local bear population.
MENTIONED IN THIS ARTICLE
Raton
N. M
Sugarite Canyon
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Bewicke & Co
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Oetock
High Point
Counell
Fia Alte
Illilyu
Pro
Paul Clapp
John A. Eshelman Jr
Thomasville V.F. W
Starlite Dance Band
Boy's & Girls
Merrill's
Raiders
Ettre
Gerry's Record & Knitting Shop
North Main Street
Jennie Wyche
Mendenhalls
Byrd
J. Sturgis May & CO
N. C. Wat] Bank Bidg
Pointer Greéftishord Road
James Stewart
Doris Day
Alfted
Hitch¢ock
ROYAL
Royal Typis
Griffith Office Equipment CO
N. Main ST
Sat
Galahad
Panavision
Ord Metrogoil
The
V.lps
Richat
Arata
Tennessee
the Tower Players of
High Point College
Gireetcar
Desire
High Point College Memorial Auditorium
High Point West Green St
High Point, N. C
American International Presents
Edgar Allan Poe
Vincent Price
Debra Paget
Lon Chaney