Market Dow Climb Spurs Noon Trading Rally
The Dow rose 2.39 to 906.27 at noon as the market showed energy after a slow week. Advances led declines on the NYSE with the AP 60-stock average up 0.8 to 316.1 as oils metals and mail order retail gained while aircraft and airlines fell.
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New York Stock Exchange
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American Stock Exchange
Certron Corp
Alamera Oil
Beverly Enterprises
Teleprompter
MPB
Amco Industries
Crown Central Petroleum
Memorial Hospital Named for WWII Airman in Banner Elk
Charles A. Cannon Jr. died in a World War II plane crash over India while serving with the Air Force. He funded Banner Elk’s hospital in his son’s honor, and supported Appalachian State University and regional schools. The funeral is at 2:30 p.m. Sunday in Concord First Presbyterian Church with interment at Oakwood Cemetery. Cannon Mills faced scrutiny after a probe into his Kannapolis leadership and a housing discrimination suit that was settled with a nondiscrimination pledge.
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India
Cannon
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Charles A. Cannon
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Davidson College
Barringer Manufacturing Co
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Craig
O Wave
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Bride Admits Groom Missing On Wedding Day
Shy Jeanne Dumesnil, 27, held her wedding banquet a day early and warned her groom Rik Sprigel would not attend. She said Rik dislikes parties and is too embarrassed for marital ribbing. Next day she plans a honeymoon in Argentina, where nobody knows them.
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Brussels
Belgium
Jeanne Dumesnil
Rik
Rik Sprigel
Argentina
Two Year Draft Extension Clears House Amid War Debate
The House votes 293 to 99 for a two year draft extension paving the way for an all volunteer force. The package includes a $2.7 billion pay boost, suspends student deferments, and raises conscientious objector service to three years. Senate action expected on a one year extension.
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William Calley
My Lai
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Nixon
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Indochina
Sam Gibbons
D-Fla
U.S
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D-La
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D-N.y
Pike
Teachers Discuss Action In North Carolina Convention
The North Carolina Association of Educators enters day two of its annual convention as leaders weigh sanctions options amid pay demands. NCAE seeks a 31 percent two year raise to reach the national average while Gov. Scott's panel backs 10 percent. The union faces debate on public notice of unsatisfactory teaching conditions to deter prospective teachers.
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Charlotte
North Carolina Association of Educators
NCAE
Bob Scott
Advisory Budget Commission
North Carolina
Araid Dhilline
Ciunar
Radioactive cobalt unit vanished from Fayetteville highway building
The State Highway Commission building in Fayetteville reported the disappearance of a cobalt unit used to train staff in measuring radiation. Six small cylinders stored in a lead container in a locked closet were missing since September 2, with the State Board of Health notified earlier this week.
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Fayetteville
N.C
State Highway Commission
Dayne Brown
State Board of Health Radiological Health Section
Board of Health
Senate OKs 1.75 Billion Public Jobs Bill
The Senate approved a 1.75 billion public service jobs bill 62 to 10 despite Republican opposition. Democrats and some Republicans alliance push for quick House action and possible presidential signature, arguing it would create about 150,000 jobs and aid local governments though critics say it changes little in the unemployment rate.
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Nixon
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House
Gaylord Nelson
D-Wis
Congress
Allon Signals Openness to Suez Canal Partial Pact
Israeli Deputy Premier Yigal Allon said Egypt’s proposal to reopen the Suez Canal to international shipping could be acceptable without a full peace treaty. He warned any partial agreement must not weaken Israel’s defense in Sinai and noted Golda Meir’s February favorable reply to Sadat’s plan.
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Associated Press
Yigal Allon
Anwar Sadat
Suez Canal
Israel
Sinai Desert
Egypt
Allen
Golda Meir
Sadat
Middle East
Today
Humphrey Blasts Nixon Move To End Youth Council
Former council chair Senator Humphrey denounces Nixon's decision to dissolve the Job Finding Council on Youth Opportunity calling it indefensible and dangerous. He warns of possible unrest, while noting the group’s mission to provide employment education and recreation options for youth, especially in summer.
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Nixon
Council On Youth Opportunity
Agency
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D.minn
Spiro T. Agnew
White House
Fire of Management and
Humphrey
Senate
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