Wall Street Slumps On AT&T Debt Anxiety And Market Debates
Dow Jones falls 2.25 to 788.21, with the 60-stock average down 3, amid a broad downturn led by AT&T debt concerns. Glamor shares slide, United Fruit cites Panama damage, and industry groups show mixed moves as investors weigh the debt offering at 8 percent and its market impact.
MENTIONED IN THIS ARTICLE
John Henry
NEW York
Telegraph Co
Associates Press
New York Stock Exchange
At&t
Control Data
IBM
Polaroid
Xerox
Ling-Temco-Vought
Justice Department
Fuqua
United Fruit
Panama
Zurn Industries
Atlantic
Flying Tiger
Texas Gulf
New York Stock Exchange Afternoon Prices Report
The New York Stock Exchange lists afternoon prices with varied percentages across listed items. Questor shows 16 percent changes, while istonP and vtheon figures appear with multiple percentage values.
MENTIONED IN THIS ARTICLE
NEW York (Ap
New York Stock Exchange
Ag Questor
Istonp
Vtheon
Dividends and Notes on Stock Distributions Data
The text lists various footnotes and letter codes used with a table of dividend rates. It explains that regular annual disbursements are based on last declarations and that extra or special payments are tagged with footnotes labeled A through N and other marks. It also defines terms like liquidating dividends, stock dividends, and ex-dividend dates, with references to 1969 1970 actions and specific conditions such as bankruptcy or foreign tax considerations.
Drug Conference Attracts 2000 Plus To Raleigh Meeting
More than 2,000 people are expected at the Governor's Conference on Drug Abuse in Raleigh Memorial Auditorium. Key speakers include Gov. Bob Scott Attorney General Robert Morgan and federal and state health officials. The program features experts from the National Institute of Health and the Bureau of Narcotics and Dangerous Drugs along with former users and a parent.
MENTIONED IN THIS ARTICLE
Raleigh
Memorial Auditorium
Bob Scott
Robert Morgan
Eugene Hargrove
John Finlater
Federal
Bureau of Narcotics and Dangerous Drugs
Sidney Cohen
Division
National Institute of Health
Weather outlook for Southeastern states and extended North Carolina forecast
North Carolina shows considerable cloudiness with possible showers and thunderstorms tonight and Tuesday with cooler mountains. South Carolina and Virginia follow with showers and cooler nights, while Georgia clears and cools. extended North Carolina outlook calls for more showers Thursday and Friday mainly east, with mild afternoons and cool nights.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Stock Averages Snapshot From AP Data Sheet
AP stock averages table shows indexes for rails utilities and other groups with noon values and percent changes. It lists daily week month and year comparisons along with 1970 highs and lows, reflecting market movement across several sectors.
MENTIONED IN THIS ARTICLE
Ind. Util
Fon
New York Stock Exchange Index Report
Market snapshot from New York shows midday activity on the NYSE with mixed readings across industrials utilities and finance sectors. Traders watch parity between sectors as the index threads value near noon.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Dow Jones snapshot shows mixed utilities and bonds activity
The report lists figures for utilities and public services with modest gains and declines across sectors. Major indices include 117,400.25 for stocks and bond activity noted alongside utilities and industrials.
MENTIONED IN THIS ARTICLE
Pabuikios Gat Starreabede
Sane
Geens
Carneere Ieee
Industrials Cesses
Insurance lecturer to speak at Central Carolina C LU event
C B McCaffrey of Wharton School will address the Central Carolina Chapter of Chartered Life Underwriters on April 16. The CLU seminar and clinic runs 1 to 5 pm in Greensboro at the Jefferson Standard Life Insurance home office training room. Questions on estate planning business insurance trusts and estates will follow. Attending members from Greensboro Burlington Winston-Salem High Point and nearby cities are expected.
MENTIONED IN THIS ARTICLE
C. B. McCaffrey
iWharton School of Business
Philadelphia
Central Carolina
Chartered Life Underwriters
C.L.U
Jefferson Standard’ Life Insurance Company
Greensboro
McCaffrey
John H. Bremer
Greenspro
Burlington
Winston-Salem
High Point
Piedmont North Carolina
Zayre Corp Reports Higher Sales but Lower Net Income
Zayre Corp posted record total sales of 599.9 million for the year ended January 31, up 22 percent from 490.7 million, while net income declined to 8.9 million or 1.85 per share from 9.5 million or 2.10 per share last year.
MENTIONED IN THIS ARTICLE
Zayre Corp
Apollo 13 readies for risky moon descent to Fra Mauro highlands
The Apollo 13 crew Lovell Haise and Swigert slow propulsion to prepare for a dangerous descent to the Fra Mauro highlands on the moon. They plan a nuclear science core drill, traverse the crust, and aim for a five billion year formation study amid an 128000 mile gap from Earth and Moon. The engine briefly fired during a tense 50 minute telecast as Mission Control relayed flight plans after Swigert’s inadvertent omission.
MENTIONED IN THIS ARTICLE
Fra Mauro Highlands
Lovell and
Haise
Earth
Moon
Suree
Lunar
Swigert
Thomas K. Mattingly
Mission Control
Houston
Strikers Ordered To Appear In Gaston Court
A group of Carolina Freight Carriers workers, part of about 100 drivers who walked off Sunday, were ordered to appear in Gaston Superior Court to answer contempt of court charges. They allegedly violated a temporary restraining order by picketing the Cherryville terminal and disrupting freight flows. Local 61 president John H. Nestlerode said the strike is illegal and arose from discontent with contract terms negotiated in Washington.
MENTIONED IN THIS ARTICLE
Cherryville, N. C
Carolina Freight Carriers Corp
Gaston Superior Court
Lincolnton
Superior Court
B. T. Falls
Teamsters
North Carolina
Burlington
Charlotte
Greensboro
Teamsters Local 61
Cherryville
John H. Nestlerode
Washington
Cambodian Mop-Up Fire Sees Village Burned Near Kom Trabek
Cambodian forces report a Saturday mop-up operation about a mile south of Kom Trabek in Prey Veng Province. They say Vietnamese residents aided Viet Cong attackers, who fired on troops, leaving at least 70 houses burned and crops destroyed.
MENTIONED IN THIS ARTICLE
Kom- Trabek
Prey Vengnce
Kirk Ends Defiance Over Manatee School Desegregation
Gov. Claude Kirk halted his week long defiance of a federal order and agreed to comply with court action on desegregation in Manatee County Florida. The move allows court ordered racial balancing for about 17000 students and recalls the county school officials to implement Krentzman’s plan while DOJ reviews modifications.
MENTIONED IN THIS ARTICLE
Bradenton
Fla
Claude Kirk
Manatee County
Kirk
Mainatee
Gulf Coast
Tampa
U.S. Justice Department
Washington
Justice Department
Department
U.S. Dist
Ben Krentzman
Department of Justice
District Court
U.S. 5Th Circuit Court of Appeals
Krentzman
Ins
Appeals Court
Duke Power to Seek Rate Increase in Carolinas
Duke Power announces plans to file for a general rate increase in North and South Carolina to fund inflationary costs and a large expansion program. President W B McGuire says the rise is essential to raise capital, with a fuel clause reconsideration also asked of North Carolina Utilities Commission.
MENTIONED IN THIS ARTICLE
McGuire
North Carolina Utilities Commission
Public Service Commission of
South Carolina
Federal Power Commission
Duke
Piedmont
Duke Power
Carolinas
Carolina Power & Light Co
Apollo 13 Daily Highlights From Lunar Mission
Space Center Houston reports the third and fourth days of Apollo 13 with schedule items across today and Tuesday. Key events include sleep periods, crew meals, lunar module checks, course corrections, and lunar orbit maneuvers as the craft travels toward and around the moon.
MENTIONED IN THIS ARTICLE
Fred W. Haise Jr
James A. Lovell Jr
John L. Swigwe
Haise
Lovell
Moon
Lunar
Apollo
Nixon's Southern Strategy Gains Reach Yet Costs Northeast Support
A survey shows Nixon strengthens in the border and deep South while incurring losses in industrial Northeast and Midwest. Affluent voters, especially those earning above ten thousand dollars, show the biggest slippage, with independents dropping from 60 37 to 52 45 percent positive in six weeks.
MENTIONED IN THIS ARTICLE
Nixon
Northeast
Midwest
White House
Pet
Aong Independent
Brewer Reveals Party Switch in Durham County
Charles L. Brewer, who led Gov. Bob Scott's 1968 Democratic primary campaign in Durham County, has switched to the Republican party. He said he has no firm plans to seek office or actively campaign for any GOP candidate.
MENTIONED IN THIS ARTICLE
Durham
Charles L. Brewer
Bob Scott
Durham County
Brewer
Private Health Plans Urged To Avoid Federal Insurance
Charlotte AP North Carolina pharmacists urged to help Blue Cross Blue Shield drugs programs avoid national health insurance. James L Teeter Virginia Blue Cross Blue Shield says pharmacists must cooperate with private sector to aid prepayment programs and ensure drug coverage as part of total health package. Awards announced for Pharmacist of the Year and UNC academy inductees with several long time licensees honored.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina
James L. Teeter
Virginia Blue Cross
Blue Shield
Teeter
B. R. of
Goldsboro
Also Mentioned on This Page
Stock Market Report
Indust
Eesee Univopd
Var
Westge
Whirl Co
Whittaker
WinnDix
Woolwth
Antes
Xerox Cp
Zale Corp
Associated Press
NEW York — Exchange
Admira
AlcanAly
Am Motors
T&t
AMP Inc
Ampex Corp
Anch Hock
Ancorpsy
ArchDan
Armour
Atlas Chem
Atlas Corp Aveo Cp
Hm — Vv Avnet Inc Ag
Babck
Beckman
BeechAr
Bell
Bendix
BenefFin
Beth Sti
BolsCas
BucyEr
Bulova W
Ramo
Va Buri Ind
Ibies Clevelill
Seer
Bia
Macke Co
Macy RH
Calcolg Pa -Op
Marcor Inc
Maratha
Mar Mid
Selomi Solv
Martinm
Ie Mead Corp
Mobil
Evere Mohasco
Monsan
Ye 'Cox
Mor-Nor
CrowCol
Motorola
Crown Cork
Mtstatt
CrwnZell
Nat Airlin
DettaAir
Nat Industra
NatLead
DetEcis
Nat Steel
Det Steel
DiasSham
Aerojet
DillonCo
Newberry
Disney
Arklgas
Ning MP
Asamera Oi
Se NorfolkWst
AtlasCorp Wt Ly
We Dillard
Dixilyn Corp
East Air Lin
EasKodak
Eltra
Husky Oil
Otis Elev
Owensc
Owensill
P— Kaiser
Lee Ent
Fair Hill
Se McCrory
Va Inc
Pac Pet
Newldria Mn
PacPwLl
NewPark Mn
Pact&t
Ind
Panasul
RIC
Panam Wair
Panh EP
Parke Davis
Statham
PennDix
Technico
FoodFair
PennzUn
Va Flaures
Pepsico
Pfizerc
GAF Corp
Philip Morr
Gam Sko
Se Phill Pet
Ve Gannett
Pitney Bw
GenDynam
Gt A&p
Gt West Fini
Roan Sel
GtWinUnit
Rohr Cp
Royccola
Wve
Greyhound
VW Royal Dut
RyderSys
Gulf Ol
GulfStaUt
Gulfwin
We Safeway
St Jos
Ve 'Halliburt
Stlsanf
StRegis
Hercimc
Sanders
SaFeind
HoernWal
Hoff Electra
Schering
Homestie
Hobdyinn
Searsr
Harris
Coos Fae
Scar
interikSt
Sou Pac
Southrn Ry
Spartans
Miner
Sperry R
Stolical
Lowa Psv
Stoilind
Itek Corp
Staohnj
StdOlOh
Jewel Co
StauffCh
St Packaging
JohnMan
Stevensj
SteriDrug
Wa Va
Johninn
StudeWorth
Jon Logan
VelSun Oil Ib
Swift Co
Joy Mfg
As Systron Donn Kaiser al
Aeeee Pet Kan GE
Tampa el
KanPwt
Tektronix
Katy
Wen
Teledyn
KayserRo
Tenneco
Vw Kenncott
Texaco
Kerr Mc
Texetrn
KimbCik
Texgsui
Koppers
Texasiast
Kraftco
Texpld
Kresge SS
Textron
Kroger
Thiokol
Ogni TimesMir
Timk RB
Lear Sieg
ToddShp
Lenpcem
Trans W Air
Leh Vai Ind
Transmra
Ve Lenhmn
Val Transitron
Ve Ling TV
U— Litton
Lockheed Air
VAL Inc
LoewsThe
UMC
Lonescern
Lonesga
LongisLt
UN Pac Cp
LVO Corp
Union Pacif
Lyke Yng Se
Unital
UnitAirc
NEW York —Stock Index
Dow-Jones
CL. U. Seminar
U.N.C. Academy of Pharmacy
John C. Hood Jr
Kinston
Ida N. Keetsock
Walter K. Saunders
F.herman Cline
Tom G. Crutchfield
D. D. Hocutt
Henderson
Alfred N. Martin
Roanoke Rapids
A. Roy Moore
Wilson
M. Brown Phillips
8. H. Price
Mooresville
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