Tax hike urged as costs and wholesale prices rise
Government data show living costs up 2.7 percent this year and inflation pressures inching toward 3 percent, with wholesale prices up five tenths of 1 percent in two months. Administration argues tax boost would curb price pressures and shift inflation dynamics.
MENTIONED IN THIS ARTICLE
George Taylor
New York
Arthur M. Ross
Bureau of Labor Statistics
Ross
John W. Byrnes
Wisconsin
Ways and Means Committee
Congress
American Bankers Association
Federal Reserve
Allied Chemical Corp
Freeport Sulphur Co
Admiral
Philco
Piedmont Natural Gas Wins First-Place Report Award
Piedmont Natural Gas Co Inc captured top honors in a 1966 annual report contest for gas companies with revenues over 40 million. President Buell G Duncan will receive the bronze Oscar of Industry at a banquet October 25 in the New York Hilton. Senior VP E T Anderson and VP Forrest L Collier will attend as guests.
MENTIONED IN THIS ARTICLE
Piedmont Natural Gas Co., Inc
Financial World Magazine
Piedmont
Buell G. Duncan
Richard J. Anderson
New York Hilton
E. T. Anderson
Forrest L. Collier
Indian Head Sets Record for Quarter and Year to Nine Months
Indian Head Inc reports record sales and operating revenues in the three months ended Sept. 2 up 18 percent to 60.5 million, with net income at 1.1 million or 44 cents per share. For the first nine months, sales rise 21 percent to 188.8 million, net income 3.8 million and earnings per share 1.56.
MENTIONED IN THIS ARTICLE
Indian Head Inc
Internal Medicine Society Meets in Wrightsville Beach
The North Carolina Society of Internal Medicine closes its two day fall meeting with a banquet in Wrightsville Beach. Friday speakers include Dr. James J. Leonard and Dr. Alvin P. Shapiro of the University of Pittsburgh School of Medicine.
MENTIONED IN THIS ARTICLE
Wrightsville Beach
N. C
North Carolina Society of Internal Medicine
James J. Leonard
Alvin P. Shapiro
University of Pittsburgh School of Medicine
Johnson faces 1968 bid as inflation reshapes policy
Trade Winds discusses LBJ’s potential 1968 reelection, inflation eroding buying power, and calls for a shift from spender to conservative stance. It notes Ackley and Martin warn inflation rising, Katona cites fear among consumers, and McNamara’s $5 billion anti-ballistic missile program risks renewing arms race pressures.
MENTIONED IN THIS ARTICLE
Lou Schneider
Alliance
New York
LBJ
Gardner Ackley
Council of Economic Advisers
Federal Reserve Board
William Martin
House
George Katona
University of Michigan Survey Research Center
Congress
Defense
Robert McNamara
Russia
Johnson
Red Russia
U. S
Over-The-Counter Security Quotations From AP
NASD quotations show inter-dealer prices around 3:00 p.m. Thursday for numerous stocks and insurance firms, banks, and utilities. The list includes Aerotron, Colonial Stores, Jefferson Ltd. Life, Lowes Companies, Piedmont Aviation, Wachovia Bank, and others with bid and asked figures.
MENTIONED IN THIS ARTICLE
Aerotron
Alba Wald
Peps
American Fidelity
American Land
Atlanta Gas Light
Barter Greene
Bassett Furniture
Bowater Paper
Branch Bank
N.C
Brush Beryllium
Co. M. C. Finance
Carolina Casualty
Carolina Freight Carriers
Carolina Natural Gas
Carolina Pwr. & Lt
Central Vermont
Cherrotte Motor Speedway
Chatham Mfg. Co
Coastal Plain Life Ins. Co
Colonial Stores
Farmers New Work
Fidelity Bankers Life
First Citizens Bank
First Union Nat. Bk
Franklin Life
Franklin Realty
Garfinckel J. Com
Georgia International
Gulf Life Ins
Hardees Sys. Com
Hardees Sys
Harris-Teeter
Hatteras Yacht
Henredon
Inc. Group of Canada
Jefferson Ltd. Life
Joselyn Mfg
Kaiser Steel
Kalvar
Kavanaugh- Smith
Lance, Inc
Law Research
Liberty Life
Liberty Loan Ptd
I Life & Casualty Ins
Life of Carolina
Li‘l General Stores
Lowes Companies
McLean Inds
Nat. Dev. Corp
National Food
National Old Line
Nationwide Homes
New Britain Machine
North Amer
Life
N. C. National Bk
We N. C. Natural Gas
Northwestern Bank
Occidental Life
Peoples Nat
Penobscot Shoe
Phillips Fescue
P & N Awy
Joo Piedmont Aviation
Teva Piedmont Natural Gas
Roberts Co
Rockwell Mfg
Rose’s
Rowe Furn
Security Life & Trust
Sonoco
Southern Frontier
Sorg Paper Co
Spindale Mills
State Capital Life
State Loan & Fin
Alius
Texize Chemicals ‘Textiles, Inc. Thermoplastics
Trans. Bus Sys
Triangle Brick U.S. Realty Vermont American Wachovia Bank Walker, B. B. Shoe
Western Carolina Tel
Western Power & Ga
Local executives named to posts at Life of Carolina and Harrison Rucker
Neal D. Lowrance of High Point named chief underwriter for Life Assurance Co of Carolina by Grover H. Cole. Lowrance, Winston-Salem native, educated at R J Reynolds High School and UNC Norfolk, joined Life of Carolina in 1966 and resides in Winston-Salem. Robert C. Simmons joins Harrison Rucker Associates High Point as art director from Birmingham, Alabama, bringing experience with Southern Living Magazine and graphic branding duties. Henredon Furniture Industries declares 12 percent quarterly dividend payable Nov 1 to stockholders of record Oct 10. Early Phillips Jr. elected vice president of Factors Inc, after work at Wertheim & Company. UNC Chapel Hill and Harvard MBA grad to lead administration and new business.
MENTIONED IN THIS ARTICLE
Neal D. Lowrance
High Point
Life Assurance Co
Carolina
Lowrance
Grover H. Cole
Life of
Caro
Lina. Lowrance
Winston-Salem
R. J. Reynolds High School
Winston - Salem
University of North Carolina
Norfolk
Life of Carolina
Lawrance
Eaton Place
Centenary Methodist Church
Henredon Furniture Industries
Phillips
of Wertheim & Company
New York
University of North Carolina At Chapel Hill
Harvard University
Also Mentioned on This Page
Magnavox
Zenith
Radio Corporation of America
Crucible Steel Corp
Chrysler
Ford Auto
Ford
Dow
Commerce Department
Piedmont Natural Gas
Internal Medicine Society Meets
Shares, Inc
New York Stock Exchange
Greensboro
Geo. G. Jones
Mgr
Charles Editiondal
E.O. Lane
Jefferson Standard
THE
Associated Press
Robert C. Simmons
Harrison Rucker Assn., Inc
High Point Design
Harrison Rucker Associates
Simmons
Patricia
Danny
Denny
Phil” Phillips Jr
Factors, Inc
W. M. Webster
High Point Based
Ipaul Owen C.L.A
Malin
the Prudential ,O. OF America
Auto Homeowners
Travelers
Hartford
Conn
John Diffendal
Piedmont Insurance Phone & Realty Company
Wrenn St
Professional Life Insurance Service
Heyden Place
Lyon
Geo. P. Clark C.L.U
Lane
Otha
South Main Street
High Point, North Carolina
Sanders’Dallas, Jr
TPA
Cea General
TOL Sa
High Point, N.O
Ptus
Crown
Investors Stock Fund
New Investors
Dovestors
Austin T. Swaim
Larry
Wells
Neal Jelle
Neagle
Wey Ee Een
High Point Bank Bldg
Robert A. McCuiston
J. Sturgis May & CO
Stocks & Bonds
North Carolina Bank
Life Insurance
Group Insurance
Insurance Cob
Powell Kistler
Edward Stanley Dawnso Clifford Best Clyde Maddox
Powell, Kistler & Co
New York and
American Stock Exchanges
Carolinas
Virginia
N. Main
Old St. Fayetteville, N. C
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