Market edges higher as Dow climbs on renewed rate optimism
U S stock market rose modestly with the Dow Jones industrial average up 4.82 to 790.39 as gains spread across metals chemicals drugs and motors. Trading showed mixed results for electronics steels rail utilities and airlines with some large blocks traded including 99 000 shares of Hart Schaffner Marx and 48 100 shares of CNA Financial.
MENTIONED IN THIS ARTICLE
Carole Martin
NEW York
New York Stock Exchange
Associated Press
Hart, Schaffner & Marx
CNA Financial
Xerox
IBM
Disney
Otis Elevator
Standard Oil of
California
Marshall Field
Texaco
Emerson Electric
Time Inc
Mead Corp
Benguet
American Stock Exchange
Restaurant Associates
Vernitron
Astrodata
Slick
Kaiser Industries
Extendicare
New York Stock Exchange Recap Mixed Afternoon Quotes
AP report shows shuffled declines and gains across many listed issues. Investors watched mixed performances for Admiral Mills Aired Allied and several major blue chips amid fluctuating high and low prices.
MENTIONED IN THIS ARTICLE
New York
NEW York Exchange
Seb
AbbtLab
Ad. Millis
Admiral
AicanAlu
Alleg Cp
Alleg Pw
Ye Allied Ch
AlliedSte
GrummaCp
Ameyan
Y GulfStart
VelGuifWin
Icix
Va Am Motors
Ancorp Nsv
ArmcoSt
Armour
S.s Ark
Beckman
BeechAr
Bell How
Bendix
BenefFin
Benguet
Beth Sti
Boeing Co
BoisCas
Borden
Stock Exchange noon prices show mixed results across listings
The American Stock Exchange released noon figures with many stocks showing fractional gains and declines. Notable movers include Aerojet Am Petr AtlasCorp and Frontier Air, while several industrials including Dy nalectin and Saxon Indust maintain modest changes amid broad market uncertainty.
MENTIONED IN THIS ARTICLE
New York
American Stock Exchange
Aerojet
Petr
AO Indust
AKRK
Arklgas
Alamera Oli
AtlasCorp
Barnes Eng
Serascanlt la
Campb
Chile
Cdn Javelin
Cinerama
Va Iti Corp
HM Dillard
Dixilye Corp
Equity Cp
Fed Resrees
Felmont Oil
Frontier Air
Ves
Goldfield
Basa
Husky Oil
Newldria Moa
NewPark Mn
Ormand Ind
RIC Inti Ind
Saxon Indust
Statham Inst
Syntex
Seskruptcy Act
Stock Averages Reported By The Associated Press
The AP stock averages section shows daily figures for industrials utilities and rail firms, with noon values and year ago benchmarks. Bond averages and related indicators accompany the data, including highs and lows from prior years and current readings across several categories.
MENTIONED IN THIS ARTICLE
Associated Press
Ind. Rails Util
Sindh
Ind. Util. Fon. L
Weapons Stolen Near Thomasville
The Thomasville Davidson Sheriff's Dept reports the theft of a 12 gauge shotgun and a .22 rifle. Victim Lewis M. Thomas of Old 64 near Jarrells Store says the weapons were valued at 200 dollars.
MENTIONED IN THIS ARTICLE
Thomasville
Davidson Sheriff's Dept
Lewis M. Thomas
Old 64
Jarrell
Regional Weather Outlook for Carolinas and Georgia
North Carolina sees showers or thundershowers this evening with clearing west Thursday. Highs range mid 50s north to 60s elsewhere. lows 46 to 55. South Carolina mainly cloudy and warmer with showers possible. Virginia reports occasional rain tonight with mild highs in the 60s. Georgia expects scattered showers ending north Thursday morning and south by night, turning cooler. extended weekend rain chances and cooler highs 50s to 60s with coast warmer.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Thursda
South Coast
Life of Carolina board adds one member and keeps twelve
Grover H. Cole announces the election of Earl E. Congdon of Old Dominion Freight Line as the new director. Twelve incumbents including Roscoe Adams and Sloan D. Gibson Jr. are re elected, with Cole emphasizing a 74 percent rise in premium income over three years and insurance in force up 7 percent. Kenneth Eads named Milford Byerlys store manager. re cent High Point Central graduate and church member.
MENTIONED IN THIS ARTICLE
The
Life of Carolina, High Point
Grover H. Cole
Earl E. Congdon
Old Dominion Freight Line
Roscoe Adams
Wachovia Bank and Trust
Robert T. Amos Jr
Amos Hosiery Mills
Jack Burris Sr
Wade M. Gallant Jr
Sloan D. Gibson Jr
High Point Bank and Trust
William A. Horney Jr
Mirror Products Company
I. Paul Ingle
Carolina Container Corp
Ed Mendenhall
Mendenhall-Moore Realtors
James H. Millis
Adams Millis Corp
Thomas R. Pitts
Preident
Myrtle Desk Company
Carson C. Stout
Carsons of
High Point
Cole
Life of
Carolina
Kenneth Eads
Milford Byerlys
N. Main St
Byerly’s
Eads
High Point Central High School
Midwestern Broadcasting School
Paris hotel siege ends with hostage woman shot
Police retook a three story hotel as gunmen led by Maurice Corini held four hostages including Mrs Tische and a Paris couple. A doctor evacuated the injured woman after negotiations failed and riot police sealed off the area.
MENTIONED IN THIS ARTICLE
Tische
Maurice Corini
Timone
Marseille
Mathieu
Sorini
Tide Turns For Carswell Senate Vote Momentum Shifts
Senate GOP backers claim momentum for Judge G Harrold Carswell's Supreme Court nomination as Sen Dole and Sen Aiken join backers. Opponents led by Sen McIntyre plan to seek recommittal with a Judiciary Committee vote pending. Forty three senators support, thirty five oppose.
MENTIONED IN THIS ARTICLE
Senate Gop
G. Harrold Carswell
Supreme Court
Robert P. Griffin
Carswell
Robert J. Dole
R-Kan
Tallahassee
Fla
John J. Williams
Delaware
Clement F. Haynsworth Jr
George D. Aiken
Vermont
Williams
Aiken
Senate Judiciary Committee
Dole
Thomas J. McIntyre
D-N.h
West German ambassador kidnapped in Guatemala
Gunmen seized Count Karl von Sprell near his residence in Guatemala City. Abduction follows a pattern in which kidnappers seek the release of political prisoners, with five Rebel Armed Forces members demanded for exchange. Two carloads of attackers fled as the ambassador’s limousine was stopped. the chauffeur was unharmed.
MENTIONED IN THIS ARTICLE
Karl von Sprell
Leust
Latin America
Guatemala
Alberto Fuentes-Mohr
U.S
Sean M. Holly
Gabriele Piguria
Fuentes
Holly
Piguria
von Spreli
John Gordon Mein
Army
John D. Webber
Navy
Ernest A. Munro
Bald Head Island Plan To Be Unveiled At Press Conference
The Carolina Cape Fear Corporation will reveal development plans for a tourist convention and recreational center on Bald Head Island at 11 am Thursday at the Albert Pick Motel. William R. Henderson and Edward E. Mendenhall Jr. announced the rescheduled meeting after a prior cancellation. The plan aims to balance commercial growth with natural preservation on the semi tropical island off the North Carolina coast, promising facilities to boost state tourism.
MENTIONED IN THIS ARTICLE
Carolina Cape Fear Corporation
Bald Head Island
Albert Pick Motel
William R. Henderson
Edward E. Mendenhall Jr
Carolina
Wilmington
Privat Tata Welles” Ve. Maid
North Carolina
12 Families Evicted From Chicago Homes
In Chicago 12 families from the Contract Buyers League were evicted after withholding monthly payments on their homes. About 100 police faced a crowd of 300 as deputies removed families amid flying bricks and stones. Twenty five people were arrested, with two officers injured.
MENTIONED IN THIS ARTICLE
Chicago
Contract Buyers League
Accused Murderers Escape From Cumberland County Jail
Three inmates escaped from the Cumberland County jail in Fayetteville as they cut a ceiling hole in a third floor bathroom, crawled to the courthouse roof via an exhaust fan, and used a knotted blanket rope to descend. The fugitives are Marshall Smith, James Junior Johnson, and James Carl Ball, with Smith awaiting trial for a housewife’s murder, Johnson for an oil dealer bludgeoning, and Ball on burglary and larceny charges. Police launched a search with off duty deputies recalled and aid from other agencies.
MENTIONED IN THIS ARTICLE
Fayetteville
N.C
Cumberland County
W. G. Clark
Marshall Smith
Ft. Bragg
James Junior Johnson
James Carl Ball
Hope Mills
Clark
Smith
Carolyn Flores
Maneuvers
Floreses
Bailey Wilson
Wilson
Johnson
Insurance Arbitrators Probe Car Damages in North Carolina
A Charlotte hearing on Governor's Commission on Auto Insurance examined appointing arbitrators to decide car accident damage claims. David J. Craig Jr. urged a nonprofit arbitration system to unclog courts. Critics warned of higher rates. supporters argued for quicker, fair resolution.
MENTIONED IN THIS ARTICLE
Charlotte
Craig
Governor's Commission On Auto
Pennsylvania
North Carolina
Commission
University of North Carolina
David J. Craig Jr
American Arbitration Association
North Carolina General Assembly
Winston
Salem
Greensboro
Ciricite
Senijorman Moore
Moore
Also Mentioned on This Page
Stock Market Report
NEW York — Exchange
VEN Cies
Gen Mills
Gtelei
Gen Tire
Genesco
Ga Pac
Gerber
Gettyo
Gillette
Glen Alden
Global Marin
Goodrich
Goodyear
GraceCo
Granitec
Grant W
Halliburt
Howmet
IdanoPw
INA
ingerRand
interikSt
Iowa
Iowa Psv
Tek Corp
Wm Me Jewel Co
Abe
JonnMan
Jon Logan
Tee
Jostens
Joy Mfg
Kaiser al
Budd Co
Ling TV
Lockheed Air
LVO Corp
Aeeie Ei Lykeyng
Carrier Co
Carter W
Case JI
Macke Co
Cast
Va Marcor Inc
eivsho P 50 105 1032 102 102% + ChrisCft
Chrysler
Microdot
MidSoUuil
Clevewil
CocaCol
Mohasco
Mobil
Pal
Monsan
Collinsr
Montan
Va Mor-Nor
Ve Cbs
Motorola
Colu Gas
Mtstatt
Newberr
Crown Cork
CronZell
Ning MP
Cudahy
Norfolkwst
Curtiss
Norrisind
Beeen
DanRivr
Noamrk
NoStaPw
NortSim
DiaSham
Isney
OhioEdis
DomeMin
Okla GE
DowChm
Oklangs
Ve Dressind
Olin Corp
Weer DukePw
Omark
Ciliiee East Air Lin
Easkodak
Echlin Mf
Eg&g
Pact&t
Eipasong
Panassul Ne
Eltra
PanAm Wairn
Emerec
Wees Essexint
Parke Davis
Va Ethyl Cp
Ase Penn Cent
Ve Evans P
PennDix
Pfizer
Phelps
Phil Morr
FreepSul
Publkind
Pugs PL
Pullman
GAC Cp
GAF Corp
Va Gam Sko
Questor
Gannett
Ralston P
Banco Inc
Ve Raytheon
RCA
ReichCh
RepubSt
ReynMet
ReynTob
Roan Sel
Rohr Cp
Reyccola
Royal Dut 2d
RyderSys
Safeway
St Jos
Scheniey
Schering
SCM Cp
Scoa Ind
Scott Paper
Sbclind
Sears
SignalCo
SingerCo
Smith KF
Scar EG
Soucale
Pr South Co
Soungas
Va Pac
Southrn Ry
Va Spartans We
Sperry R
St Brand
Kollsman
Vealee Tampa el
Tektronix
Tenneco
Texetrn
VM Texasinst
Textron
Thiokol
TimesMir
Transmia
Transitron
Vo Trw Inc
the Val Inc
UMC Ind
Vada
Inoue
US Steel
Vane Varian Asso
Ve Vendo Co
Vaeipw
En Zale Corp
American — Exchange
Dow-Jones
NEW York (Ap
NEW York —Stock Index
Weal Industrial
Coordereemaene Oa
Pimanco Gs
Congdon
Garrel Street Baptist Church
Janine Boggs
Willow Creek
Senate
John Chadwick
Washington
By Alfonso Anzueto
West Germany
von Spreti
Bald Head
Arthur Wilms
Gary Killian
Killian
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