Market Dip Sends Stocks Lower On Persistent Fed Tightness
New York stocks declined broadside as fears of tighter money weighed on investors. Dow fell 3.99 to 854.58 while the NYSE indicated more losers than gainers. Con Edison surprised with a dividend omission amid utility weakness. Ranger Oil of Canada slid after a North Sea well closure.
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New York High Point Enterprise Publication Details
The High Point Enterprise notes its establishment in 1884 and details subscription rates for mail and Sunday editions. It lists publication schedule, postal information, and advertising representation while stating carrier independence and payment terms.
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Stock Index Over-The-Counter Quotes From NASD
Quotations from the NASD reflect inter dealer prices as of about 11 a.m. Inter-dealer markets vary through the day and do not include retail markups, markdowns, or commissions. Quotes supplied via the High Point office of E. F. Hutton & Co. Inc.
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107 Feared Dead In Air Crash
Indonesian rescue teams reach the crash site of a Pan American 707 near Denpasar Bali but find no survivors. The jetliner carried 107 souls including 26 Americans and 70 bound for Bali and 24 for Sydney.
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Emil Salim
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Denpasar
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South Pacific
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Hong Kong
Sydney
Australia
Pan American
Fiji
Veterans Administration Head Plans Resignation
Donald E. Johnson plans to resign as head of the Veterans Administration, with aides saying his term ends June 23. Critics call the tenure inefficient. supporters cite a strong record. Speculation names possible successors and notes Johnson may seek Iowa public office.
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Indiana
Rhodes
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First Such Jury In Half Century Mitchell-Stans Trial Heading For Conclusion
The nine week trial of John N Mitchell and Maurice H Stans, once top aides to Nixon, heads toward a jury verdict. They face charges of conspiring to impede a Vesco related fraud inquiry, obstructing justice, and lying to the grand jury. Deliberations could begin after late Wednesday with final summations set.
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John N. Mitchell
Maurice H. Stans
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Stans
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Robert L. Vesco
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UNC Asheville students boycott dorm dining and firings
About 1 percent of the 900 students at the University of North Carolina Asheville boycotted classes to protest the dormitory meal requirement and the recent termination of three faculty contracts. They urged popular election of the campus newspaper editor The Ridge Runner and called for more student voice in campus affairs, though Chancellor William E. Highsmith denied the allegations.
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University of North Carolina-Asheville
The
Ridge Runner
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Nixon weighs response to subpoenas amid tape demand
Nixon and aides debate how to answer a House subpoena while resisting Jaworski’s broader court-backed demand for tape recordings and documents from 64 conversations with aides. Officials complain of a “numbers game” fueling impeachment momentum as the White House plans a comprehensive reply.
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White House
House Committee
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Hannon Guilty Of Passing Bad Check
Greensboro candidate for U S Senate Robert L. Hannon pleaded guilty to passing a worthless check in Asheville. The case notes he sought the nomination as a Democrat and faces sentencing consideration.
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Asheville
Robert L. Hannon
Greensboro
U.S. Senate
Brezhnev Faces Strains Over Middle East Policy
An analysis suggests Brezhnev's grip on Soviet leadership may be weakened by tensions in Middle East policy. Moscow shifts focus east of Suez toward Syria and Iraq as Egypt wanes influence. oil-rich states gain autonomy from Moscow credits. Kissinger bears some blame, while conservative factions wonder if Brezhnev can hold the line.
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Middle East
Leonid I. Brezhnev
Communist Party
Moscow
Kremlin
Suez
Syria
Iraq
Egypt
Brezhnev
Washington
Utility price pressure grows in North Carolina power bills
North Carolina residents face higher electric costs as Duke Power and Carolina Power & Light report rising bills. Interim rate hikes and fuel adjustments push bills up 10 to 20 percent, with hearings in July for CP&L and ongoing interim hikes at Duke Power since April.
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Duke Power Co
North Carolina
Carolina Power & Light Co
Utilities Commission
Cp&l
OO Duke Power
Political Landscape Shapes NC Primary Undecided Vote
The region shows mixed support for Morgan and Galifianakis. Backers include Allen Bailey Stan Kaplan and John Burney with some USDA employees anxious about publicity. Undecided voters may abstain, while observers warn the mood is furious and unpredictable ahead of a potential second primary.
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Morgan
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