Mixed stock market slips with broad declines at noon
The Dow Jones average fell 0.53 to 791.97 as losses outpaced gains across utilities metals chemicals oils airlines and tobaccos. Large blocks traded included Kennecott Occidental Petroleum and Smith International while IBM rose 10 cents to 2.02 on a higher net.
MENTIONED IN THIS ARTICLE
New York
Wall Street
IBM
Net
Preyear
Associated Press
Kennecott
McDonald’s
Texaco
American Stock Exchange
Milgo Electronics
Potter Instruments
Saxon Industries
Campbell Chibouga
Man
Exchange Newsbrief from American Stock Exchange Noon Prices
The AP reports noon prices on the American Stock Exchange with listed stocks and percentage changes including Am Petr, ArkLGas, AtlasCorp, Barnes Eng, Creole P, and other equities. The data notes unofficial status and annual disbursements for dividends, with some entries showing slight declines or gains.
MENTIONED IN THIS ARTICLE
NEW York
American Stock Exchange
Petr
AO Indust
Hem
Arklgas
Asemera
AtlasCorp
Barnes Eng
BrascenLt la
Campbi
Chile
Cdin Javelin
Associated Press
Cinerama
Dillard
Dixilyn Corp
Dynelectra
EquityCe
Fed
IT Corp
Abe Statham
Syntex
Ie — Technico
Davidson College rejects women in dorm visiting hours
The Davidson College faculty rejected a student government proposal to allow women in all male dormitories. Open house rules remain noon to midnight on weekdays and noon to 2 a.m. on weekends where a majority voted for such hours. President Samuel J. Spencer Jr spoke against open visiting hours on moral grounds.
MENTIONED IN THIS ARTICLE
Davidson, N.C
Davidson College
Davidson
Samuel J. Spencer Jr
Stock and Bond Averages Reported for Noon Friday
AP reports stock averages at noon Friday showing the day and week changes, with month and year figures and 1970 highs and lows. Bond averages are listed similarly, detailing daily, weekly, monthly, and yearly comparisons along with the 1969 and 1970 high and low marks.
Dow Jones Averages Report Scrambled Entry
A partial OCR reading shows a Dow Jones averages snippet with scattered letters and words. No clear figures or dates are readable to define a concrete market detail or outcome.
North Carolina Weather Outlook With Cooler Temps
Partly cloudy to cooler today with increasing clouds and a rain chance in the southern mountains and far south. Highs 60s in the mountains and 66 to 74 elsewhere. Tonight 38 to 45 in the mountains, lower 50s on the south coast. Sunday to Tuesday sees a chance of rain, slightly warmer Sunday, and fair, mild conditions Monday and Tuesday with mid to upper 60s near the coast and 40s in the mountains.
MENTIONED IN THIS ARTICLE
North Carolina
Exchanges To Resume 10 A.M. To 3:30 P.M. Trading
New York and American stock exchanges vote to restore regular hours from 10 a.m. to 3:30 p.m. EST starting May 4 after months of shortened sessions. The move follows broker calls for higher volume and better profits, with SEC comment pending.
MENTIONED IN THIS ARTICLE
NEW York
New York and
American Stock Exchanges
Securities and Exchange Commission
National Association of Securities Dealers
Association of Stock Exchange Firms
Burtons Deny Divorce Rumors During Mexican Vacation
Elizabeth Taylor and Richard Burton arrived in Puerto Vallarta on a private jet and denied divorce rumors. Taylor called the reports completely false, saying they were press inventions. The couple, fresh from Hollywood Oscar events, planned a month’s vacation before starting a new movie in the area.
MENTIONED IN THIS ARTICLE
Puerto Vallarta
Mexico
Elizabeth Taylor
Richard Burton
Miss Taylor
Burtons
Hollywood
Bur
Mercury Poisoning from Pesticides Warned by Commission
A government pesticide commission reports mercury use in industry totals 5.3 million pounds yearly with 800,000 pounds in pesticides. Contaminated grain and seafood linked to deaths and injuries across several countries. mercury persists in lakes for up to a century and methylmercury can accumulate in seafood.
MENTIONED IN THIS ARTICLE
Iraq
West
Pakistan
Guatemala
FDA
Gls Defy Order Consider Road Too Risky To Walk
A unit of 100 Vietnam veterans defied an order to march down a road deemed too risky by their Charlie Company commander Captain Al Rice of Kingsport Tennessee. CBS News reported the incident occurred April 5-6 in War Zone C with the men meeting helicopters at an alternate location.
MENTIONED IN THIS ARTICLE
New York
Vietnam
CBS News
Columbia Broadcasting System
Charlie Company
al Rice
Kingsport
Tenn
Boonies
CBS
Rice
Limiting Doctor Fees Considered by House Panel
The House Ways Means Committee weighs a 75th percentile plan to cap Medicare and Medicaid doctor payments by using the highest fee among the lower 75 percent in each community. A hospital charges system is also being drafted. If progress continues, a Social Security bill could reach the House by month’s end, with revisions favoring widows and retirement provisions.
MENTIONED IN THIS ARTICLE
Washington
House
Ways Means Committee
Market Opens With Strong Showroom Displays and Optimism
Heer reports lavishly redecorated showrooms and rising value as the market begins with normal Friday attendance. A flood of arrivals is expected Sunday and Monday while air traffic disruptions are minimal. Cox predicts the event could lift the economy if manufacturers exceed expectations.
MENTIONED IN THIS ARTICLE
Heer
Cox
Strikes Cripple N. C. Truckers
The wildcat trucker walkout spreads to Winston-Salem and Charlotte with no work time loss reported. In Burlington Southern terminal of Associated Transport, about 500 drivers refuse to move as pickets appear. In Charlotte, 300 Central Motor Lines drivers begin a second day of stoppage after Chicago Teamsters locals set up pickets.
MENTIONED IN THIS ARTICLE
Associated Press
Winston-Salem
Charlotte
Wildcat
Midwest
Chicago
Washington
Teamsters Union
National Trucking Association
Team‘8
North Carolina
National Union
Associated Transport
Burlington
Southern
al Thigpen
New York
Central Motor Lines, Inc
Teamsters
Greensboro
President Nixon Congratulates Oscar Winner John Wayne
President Nixon had difficulty congratulating John Wayne for Best Actor in True Grit. A White House spokesman said a call was placed Wednesday but Wayne could not be reached, and Wayne could not reach the President until later when they finally connected aboard the Potomac.
MENTIONED IN THIS ARTICLE
Washington
Nixon
John Wayne
White House
Wayne
Potomac
Atty
John Mitchell
Nixon Nominates From Outside the South Likely
Senator Allen Ellender warned that no matter Nixon’s pick from the South, strong opposition from black groups and labor unions would arise. Nixon, after Carswell’s rejection 51 to 45, said his next nominee would come from outside the South with strict constructionist credentials. Bayh accused Nixon of regionalism while Spong and Fulbright defended a nonregional choice and noted past dissent over Haynsworth. Mrs. Martha Mitchell sparked controversy by calling the Arkansas Gazette during a late night interview.
MENTIONED IN THIS ARTICLE
Nixon
South
Allen Ellender
D-La
Senate
Carswell
Tallahassee
Fla
Bayh
Richard Nixon
Abe Fortas
Haynsworth
William B. Spong Jr
Dva
J. W. Fulbright
D-Ark
Spong
Fulbright
South Carolina
Martha Mitchell
John N. Mitchell
Arkansas
Mitchell
Arkansas Gazette
the Gazette
Burlington Students Walk Out Against Football Coach Change
About 200 pupils at Walter Williams High in Burlington walked out to protest replacing white head coach C A Frye with Jerome Evans, a Black coach. Frye declined athletic director offer. students demanded a meeting with the school board and gathered in a city park amid police presence with no violence reported.
MENTIONED IN THIS ARTICLE
Burlington
N.C
Walters High
Jerome Evans
C. A. Frye
Frye
Walter Williams
Ore
Pils
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Va ArchDan
Howmet
ArmecoSt
Va Armour
Atl Richfid
Bell How
Tek Corp
Bendix
Verbie BenefFin
Jewel Co
Nu — Johnson
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Aeeae Boeing Co
BoisCas
Jostens
Borden
Nig Rae U
Kaiser al
BucyEr
Bulova
Kayser Ro
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Kenncott
BeriNor
Kerr Mc
Burrghssos Ashe
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CaterTr
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Ling TV
UMC Tod
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Litton
Lockheed Air
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ClevEill
PsyCh
Ve Coig Pal
Enone
Collinsr
Ae Ag
Coloinist
Ea Mia
Maratha
Colu Gas
Marcor Inc
Martinm
Varian A
Contairl
Merck
MGM
Mobil
Cowles Comeng
WinnDix
CPC Inti
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MontDot
Mor-Nor
CrowCol
Motorola
Xerox Co
Crown Cork
CrwnZell
Zale Corp
Nat Bisc
DanRivr
NatCash
Nat Distil
NEW York (Ap
Sofck
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Ates
Delta Air
Nat Steel
AbbtLab
Det Steel
Nat Tea
Dressind
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Iseys AlcanAly
DukePw
Val Norrisind
Alleg Cp
Ioe VeduPont
NorAmPhil
AlliedStr
Aenee Allis Chaim
East Air Lin
Nwst Air
Alcoa
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NwtBanc
Es Amac
Echiin M
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Accidnt Pet
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A Ameipw
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Mar
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Fair Hill
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Pac
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Pacpwl
Firesine
Pact&t
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Panh
ParkeDavis
Yelenn Cent
Va FoodFair
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FordMot
ForMcKs
PaPwlt
Wa Phila el
Gannett
Philip Morr
GenDynam
Va Phill Pet
Elec
PutreyBw
Va Gen Tire
Psvceg
Pubikinda
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Ga Pac
Pugs PL
A Gerber
Pullman
Aene Gillette
Rene
Questor
Global Marine
Goodrich
Ralston P . Ranco Inc
We GraceCo
Eeeee
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Granitec Su
Grantw
Gt A&p
Gt West Fini
ReichCh
Republii
GreenGat
Evion
Greyhound
Eynivet
Varummnc
eynTob
Gulf Oil
Roan
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Roy Ccola
Ell Len Royal Dutad
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Safeway
de Joses
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SaFeind
SanFeint
Va Roe
SCM Cp
Scott P
Shell Oil
Shell Tr
Vues South Co
Southrn Ry
Sperryr
StudeWorth
Sun Cl
Wee Texaco
Texetm
Texgsul
Textron
Transmre
Transitron
Ya Trw Inc
NEW York —Stock Index
Dow-Jones
Industrialg 2
Cccessessweee
Jack Lefler
The
SEC
Pentagon
John Laurence
Edmond Lebreton
Friendship Airport
Fine
N. C
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