GM And Chrysler Step Up Output
GM and Chrysler raised production in the past week while Ford remained idled since Sept. 6 strike. Prices for 1968 models rose by GM and Chrysler amid broader inflation signals, with Volkswagen also boosting US prices. The labor dispute hurt suppliers and transport, and durable goods orders showed declines, while personal income reached a record pace in August. Bethlehem Steel and Cerro announced a merger valued around 320 million dollars. American Telephone posted quarterly record profits and revenues. The NYSE witnessed its largest dollar-volume single trade in Harvey Aluminum. Steel output rose 1.6 percent week over week.
MENTIONED IN THIS ARTICLE
New York
Ford Motor Co
UAW
General Motors Corp
Chrysler Corp
Chrysler
Ford
Volkswagen
United States
Commerce Department
Defense
Bethlehem Steel
Cerro Corp
Cerro
Bethlehem
American Telephone & Telegraph Co
New York Stock Exchange
Harvey Aluminum Co
Sub Finds Big Scallop Bed Off Florida Coast
Scientists from the U S Bureau of Commercial Fisheries said the submarine Aluminous located a massive scallop bed along 186 miles from St Augustine to Fort Pierce on the east coast of Florida. The find could support one of the nation’s largest fisheries.
MENTIONED IN THIS ARTICLE
Cocoa, Fla
Spain
Florida
U.S. Bureau of Commercial Fisheries
St. Augustine
Fort Pierce
Johnson Eyes Wage Controls Amid Vietnam War Inflation
Trade Winds quotes LOU SCHNEIDER in New York on Johnson weighing a controlled economy to curb cost-push inflation and a $29 billion deficit. Wage and price controls plus higher taxes surface as likely, with bonds losing to stocks as foreign money shifts away from U S debt until inflation signals restraint. Financial history notes rising bond yields spur stock selling pressure, signaling risk in the market.
MENTIONED IN THIS ARTICLE
Lou Schneider
North
Alliance
New York
Johnson
Washington
United States
U. S
U. S. Treasury
Security Quotations Report from NASD Inter-Dealer Prices
Quotations from the NASD at about 2:00 pm Thursday show representative inter-dealer prices. Markets fluctuate during the day and figures exclude retail markups markdowns and commissions.
Police Add New Arsenal Weapon
ST. LOUIS AP reports the St. Louis Police Department received 48,000 candy bars from a local firm to carry in patrol cars. Chief Curtis Brostron said the bars are for officers to give to children and act as ice breakers during police work.
MENTIONED IN THIS ARTICLE
ST. Louis
Curtis Brostron
Brostron
Moving Up in Local Businesses and Firms
Harold L. Sanders of High Point joins William F Freeman Associates as architect. He holds a BA in architecture from Howard University 1965, earned a MArch in urban design at Carnegie Tech, and is active in Tau Beta Pi and AIA scholarships. J R Wood of Neeley’s Sunoco Service Station received a Gates Rubber Co award for exceptional service after spotting a frayed belt on a “secret car.” O Roy Harrell, formerly of High Point, is now assistant VP operations and sales at Johnson Motor Lines of Charlotte, after previously serving as regional manager for NC and SC.
MENTIONED IN THIS ARTICLE
Harold L. Sanders
High Point
William F. Freeman Associates
Sanders
Howard University
Washington, D.C
Tau Beta Pi
Howard
American Institute of Architects
Carnegie Institute of Technology
Pittsburgh
Mellon
William Penn High School
Washington St
J. R. Wood
Neeley
Sunoco
S. Main Street
Wood
Gates Rubber Co
Denver
O. Roy Harrell
Johnson Motor Lines
Charlotte
Har
Shippers Embrace New Economical Containerization Method
New York AP report notes shippers worldwide adopting containerization to consolidate cargo into standard metal containers for multi modal transport. Containers cut handling, pilferage, and paperwork while enabling door to door service across rail ship air and road. By 1969 U S flagships had invested hundreds of millions in container ships and gear, signaling rapid industry growth amid early growing pains.
MENTIONED IN THIS ARTICLE
New York
Atlantic
Europe
Transportation Research
Montreal
James Crowley
Moore-McCormack Lines
U.S
Also Mentioned on This Page
Henry H. Fowler
Congress
Fowler
Ackley
Sub
Tion
THE
Associated Press
Aerotron
Alley
Peps! American & Efird
American Fidelity
American Land
American
Atlanta Gas Light Who
Automatic
Barber Greene
Bassett Furniture
Bowater Paper
Branch
Brush Beryllmn
Sc. M. C. Finance
Carolina Freight Carriers
Carolina Casualty Ins
Carolina Natural Gas i
Carolina Pwr. & Lt
Carolina Steel Wy
Central Vermont
Chatham Mfg. Co
Coastal Plain Life Ins. Co
Colonial Life & Accid
Colonial Stores Com
Colonial Stores
Durham Life i
Eckerd Drugs
Eaene Leasing
Farmers New World
Fidelity Bankers Life
First Citizens Bk
First Union Nat. Bk
Fox Stanley
Franklin Life
Franklin Realty Garfinckel J .Com
General Shale
Georgia International
Gulf Life Ins
Hardees Sys
És of
Harris-Teeter
Hatteras Yacht
Henredon Bi Home Securi
Piedmont Aviation
Piedmont Natural Gas
Textiles, Inc
Thermo Plastics
Trans. Bus Sys
Pineline
Triangle Brick
U. S. Realty
Vermont American
Wachovia Bank
Walker, B. B. Shoe
Estern Carolina Tel
Western Power & Gas
J. Sturgis May & CO
North Carolina Bank
Ray Hubbards
Rell
South Carolina
Thomasville
E. C. Lane
Lane
Travelers
Hartford
Conn
John Diffendal
Piedmont Insurance
Crown
Amaa Oko General. Insurance
Aay
High Point, N
Sangiers Dowlas, Jr
Professional Life Insurance Service
Investors Stock
New Investors
Geo. P. Clark
C.L.A
Hayden Place
Lyon
Austin T. Swaim
Larry
Wells
A. Neal Jelle
Flintrote CO
Greensboro
Geo. G. Jones
Charles E. Diffendal
Robert A. McCuiston
Cms Ui
Group Insurance
Aes
Edgar T. Doobrow
Aia
Rolls-Royce
Transco
Main St
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