Market advances on Nixon speech then pulls back
The Dow rose to 776.27 at noon, up 0.40, after gains fueled by Nixon's Vietnam pullback speech but eroded in afternoon trading. The 60-stock average held at 272.3, with mixed moves across sectors including IBM gaining on a new copier and Xerox contesting patent claims.
MENTIONED IN THIS ARTICLE
New York
Nixon
Associated Press
IBM
Xerox
Memorex
Disney
Burroughs
American Research & Development
MGM
Pfizer
Parke
Davis
Boeing
American Telephone
Atlas Chemical
Loews Theatre
Telex
International Telephone
Weather outlook North and South Carolina coastal area
The forecast calls for a few brief showers or thunderstorms along the coast this evening. Skies clear and cooler tonight with increasing clouds and mild Wednesday. Mountain lows near 40, interior mid to upper 40s, coast 48 to 56. In South Carolina expect fair and cooler conditions tonight and Wednesday with lows around 45 to 52 inland, in the 50s elsewhere.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Feertion
New York Stock Index Report And Regional Weather Outlook
Noon New York Stock Exchange index quotes show interdealer prices for numerous securities with bid and ask. The report notes NASD prices as of 11 a.m. and cautions about day‑to‑day market changes and exclusion of retail markups. Regional forecasts for Virginia Georgia North Carolina describe fair to partly cloudy conditions with highs in the 60s to 80s and modest chances of showers later in the period.
MENTIONED IN THIS ARTICLE
Amer
Furniture
Morty
Caro
Carib
Colonial Stores
Auto
Eckerd Drag
O Ft. Union Bk. Corp
Eos
Teachers Resume Talks on Merger Raleigh NC
Officials of white and black teacher associations meet to resume merger talks in Raleigh. Elliott Palmer of the NCTA and A C Dawson of the NCEA plan more joint liaison committee meetings to resolve differences and aim for a July 1 merger if possible. The NCTA delayed talks after voting to withhold an announcement on member votes. The NEA desegregation stance and support for busing have influenced the dispute.
MENTIONED IN THIS ARTICLE
Raleigh
Elliott Palmer
North Carolina Teachers Association
NCTA
A. C. Dawson
North Carolina Education Association
NCEA
Palmer
National Education Association
Charlotte-Mecklenburg
NEA
Chrysler Posts Nearly 30 Million First Quarter Loss
Chrysler Corp blames lagging sales and inflation for a 29.9 million loss in the first quarter of 1970. Board Chairman Lynn A Townsend and President John Riccardo released the quarterly report ahead of the stockholders meeting. GM and Ford also trailed 1969 first quarter totals, while American Motors showed gains.
MENTIONED IN THIS ARTICLE
Center Line
Mich
Chrysler Corp
Lynn A Townsend
Townsend
Chrysler
John Riccardo
General Motors
Ford
American Motors
Astronauts Tell Story Tonight After Apollo 13 Crisis
Apollo 13 astronauts Lovell Haise and Swigert will describe the oxygen tank explosion and a four day survival battle during a nationally televised briefing from Space Center Houston. The inquiry head Edgar Cortright arrives to lead a probe as Cape Kennedy plans Apollo 14 preparations.
MENTIONED IN THIS ARTICLE
Review Board
Edgar M. Cortright
Manned Spacecraft Center
Cape Kennedy
Space Agency
Lovell
Haise
Swigert
Carswell Announces Senate Bid After Supreme Court Rejection
Miami AP report notes Judge G Harrold Carswell, rejected Supreme Court nominee, will seek the U S Senate to support Nixon era constitutional conservative aims. He forms a GOP primary battle with Rep William Cramer as Florida figures Gov Claude Kirk and Lt Gov Ray Osborne shift positions. Democratic rivals include Lawton Chiles Fred Schultz and Robert Haverfield.
MENTIONED IN THIS ARTICLE
Miami
G. Harrold Carswell
Supreme Court
U.S. Senate
Nixon
Carswell
Senate
U.S
William Cramer
White House
U.S. 5Th Circuit Court of Appeals
Claude Kirk
Kirk
Ray Osborne
Osborne
Florida
Washington
Cramer
House
Fred Schultz
House of Representatives
Lawton Chiles
Robert Haverfield
Nixon outlines a political solution for South Vietnam
Nixon argues for a solution that lets South Vietnamese decide their future without outside interference. He says any settlement must reflect internal political forces, be flexible, and not forced, and that Hanoi failed to win militarily or politically. He defends free debate in the United States and rejects defeat in Vietnam.
MENTIONED IN THIS ARTICLE
South Vietnam
Nixon
Hanoi
United States
America
Vietnam
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