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Sunday Dominion Post in Morgantown, West Virginia

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Sunday Dominion Post

Location

Morgantown, West Virginia, United States of America

Date

Apr 14, 1968

Page

6

Market surges as Wall Street thrives after Good Friday

Financial markets in New York posted strong gains in a shortened week. The Dow Jones moved toward 906, erasing this year's losses, while the NYSE composite rebounded 90 percent of recent declines. Analysts note a surge in buying power as peace efforts progress.

New York Wall Street Martin Luther King Jr

Advisers Warn Against Overreading Peace Bullishness

Shortened advisers at Argus Research Corp urge investors not to rely on the peace slogan. They cite lingering inflation, budget deficits, and international payments imbalance, with new risks like urban disorder and tighter credit rising in urgency. Ralph Rothem of Harris Upham notes a 10.5 percent market rise in two months after Korean peace talks began, followed by erratic moves and a 7 percent net gain after the talks concluded in July 1953.

Argus Research Corp Argus Ralph Rothem Harris Upham & Co

Market volume rises on speculative demand says Reynolds executive

Leslie Pollack of Reynolds & Co. notes week trading volume grows from a long term build-up of speculative interest. He argues investors avoid fixed incomes, expecting inflation whether peace arrives or not. He cites public desire for peace as the market's resting fulcrum, with rioting signaling higher spending.

Leslie Pollack Reynolds & Co

Central West Virginia Traffic Club draws industry leaders to Clarksburg

Representatives of carriers and shippers from the eastern United States will gather April 18 19 in Clarksburg for informal discussions guided tours and a dinner at the Stonewall Jackson Hotel. Toastmaster George J Brunner and principal speaker Virginia Mae Brown will address executives with local civic and business leaders greeting the group. The Traffic Club formed in 1957 now has 75 members across seven central West Virginia counties.

Central West Virginia Stonewall Jackson George J. Brunner Union Carbide Corp Carbon Products Division New York Virginia Mae Brown Interstate Commerce Commission Brown Pliny Putnam County Point Pleasant West Virginia University West Virginia College of Law Cecil B Highland, Jr Clarksburg

Heart Device Patented By National Heart Institute Researchers

Washington report details a biventricular cardiac assister patent from the National Heart Institute Bethesda. Trials show mixed results with seven patients at University of Pennsylvania School of Medicine, two revived. device may restore rhythm in faltering hearts but evidence is limited. Separate note reports Bell Telephone Laboratories APHX system enabling conference calls with up to 30 extensions, self contained in cabinets, no central office modification.

David L. Howell Washington National Heart Institute Bethesda University of Llvania School of Medicine Allen Henry H .Abbott Charles J. Fette Henry A. Meise Jr Bell Telephone Laboratories, Inc Murray Hill N.J

NY Times Index Dips to 318.7 Despite Year Ago Rise

The New York Times weekly index of business activity fell to 318.7 last week from 327.6 the prior week. A year earlier the index stood at 302.6, with the table showing adjusted components reflecting long term seasonal trends. A Cairo crash report notes a two engine plane carrying Egyptian mining officials and crew crashed in the western desert, with unknown survivors. The Leaning Tower of Pisa spiral staircase is 296 steps, per Collier’s Encyclopedia.

New York New York Times Cairo UPI Bahariya Oasis al Ahram Pisa Collier's Encyclopedia

C P Telephone Reports West Virginia Growth in 1967

The 1967 annual report shows West Virginia operations reaching 600000 phones with 23,000 added in the year. Construction outlay totaled 30.4 million, including 19.6 million to support growth, with extensive central office expansions and a growing microwave network across towns like Morgantown Suncrest Terra Alta Kingwood Rowlesburg and Tunnelton.

West Virginia Company West Virginia Morgantown D. H. Griffith Suncrest Terra Alta Kingwood Rowlesburg Tunnelton

Lynn Named Executive Vice President of Island Creek Coal

A. L. Lynn was promoted to the newly created executive vice president role at Island Creek Coal Co. He will also continue as president of Island Creek Coal Sales Co. Lynn joined the company in 1938 after earlier involvement in coal trade association management.

A. L. Lynn Island Creek Coal Co Island Creek Coal Sales Co Lynn Island Creek Coal Trade Association Management

New Cap Lamp by M SA Introduced for Mines

Mine Safety Appliances Co of Pittsburgh unveils the MineSpot cap lamp for coal and metal mines. It combines cap lamp, lead acid battery, and self service charging rack in a single unit. The compact battery case preserves ampere hour capacity and features high impact resistant injection molded polycarbonate construction. Two filling panels with vertical prisms adorn the surface.

Mine Safety Appliances Co Pittsburgh

Also Mentioned on This Page

AMS Shearson, Hammill & Co NY Times Index New York Times News Service Ie Electric Power C&p C & P Telephone Companies Maryland Virginia Washington, D.C Washington H. A. Latimer Telephone Central Bethany Bradshaw Bridgeport Buckhannon Chapmanville Dunbar Fairview Rivesville South Charleston St. Albans Union Worthington Corp. Turbine Division C. B. Gaw General Business Services, Inc Wisconsin Ave N.W. Wash D.C Tussy Russ Tiss Morcantown Ergn Frigidaire Roe Monongahela Power The Allegheny Power System Jay Kuhn Furn
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