Market rally fades as traders take profits in Vietnam era
Wall Street pared gains after a morning surge as traders booked profits and awaited signs on North Vietnam peace talks. The Dow was flat at noon, AP average steady, while airlines rallied and gold mining and aerospace stocks stayed weak amid shifting war to peace focus.
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Associated Press
New York Stock Market Turns In Turbulent Session
Auctions and prices shift across major issues as traders react to mixed results and ex-dividend notes. The Associated Press reports on the day’s activity in New York with listings for energy firms, automotive stocks, and consumer goods names showing varied gains and losses amid market volatility.
Stock Disclosures and Dividend Terms Explained
The notice outlines how dividends and distributions are identified in financial records. It explains classifications such as ex-distribution and warrants and notes the treatment of payables and full values.
Over The Counter Quotations And Listed Financial Fees
NASD co dealer 10 30 a m quotations showing prices exclude retail markup and commission Many named firms including Amer Fidelity Life Amer Mortgage Automatic Service First Union Bank Gwaltney Hardees Hatteras Yacht Henredon Furn Jefferson Stud Life Kay Windsor Life of Carolina Lil General NCNB Wachovia Piedmont Natural Gas and Piedmont Aviation appear with percentages such as 8 18 19 12 13 30 31 2 29 24 9 27 17.
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Fidelity Life Amer
Mortgage Automatic Service
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Henredon Furn
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Life Kay Windsor
Life of Carolina
Lil
General
Ncnb N. C
Piedmont Aviation Mills Security
Wachovia Bark
Piedmont Nat Gas
North Carolina and South Carolina Weather Brief
Forecasts show variable cloudiness with scattered showers and thunderstorms mainly west in North Carolina tonight and mainly east Friday. Lows range from the 40s in the mountains to the 60s in the coastal plain. warmer in the east and turning colder in the mountains. In South Carolina showers and thundershowers spread across the state tonight and Friday with lows about 50 in the northwest and 60s elsewhere.
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Johnson reports Hanoi move to seek peace talks
President Johnson said North Vietnam has sent a signal favoring peace talks and that consultations with South Vietnam and four allies are underway. Officials warn of a possible split with Saigon over pace and scope of peace efforts while world reaction remains cautiously optimistic. The United States pressed for unconditional ceasefire and end to bombing to allow talks in Geneva or elsewhere.
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Johnson
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North Vietnam
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Relief forces close to base in trench lines
Vietnamese forces drew back toward the base as gunship helicopters struck an estimated 200 North Vietnamese troops. Engineering troops reinforced and repaired bridges while bulldozers moved to shore up sagging defenses.
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Ineer
Labor Supports Humphrey For Democratic Nomination
Labor leaders back Hubert H. Humphrey as a potential Democratic nominee. AFL-CIO President George Meany signals broad support for maintaining Johnson era programs and national unity while Viet Nam policy debates continue.
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Harriman and Thompson Named U S Special Envoys
Washington reports Harriman and Thompson, both veteran diplomats, selected by President Johnson as special envoys after decades of service. Harriman, with 30 years in relations with the Soviets, remains ambassador at large. Thompson, 63, from Los Animas Colorado, known for calm demeanor, long Soviet Cold War experience.
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Mao Quotation Repeated On Air
London based AP monitor notes repeated Mao Tse tung quotes aired between news items. The phrases praise prolonged war and promise U.S. withdrawal as Vietnam conflict coverage continues.
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Fayetteville College Students Hold Administration Building
About 300 of the 1100 students at a Fayetteville college for Black students occupied the administration building. The institution near midtown Fayetteville, founded in 1867 to train teachers, remained tense as protesters demanded action.
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