Dow Slips as GM Antitrust Loss Weighs on Market
Trading on the New York Stock Exchange is weak with rails and most assets showing declines. The Dow Jones Industrial Average falls 11.42 to 933.12 as traders blame a Supreme Court ruling finding General Motors guilty of antitrust violations tied to Chevrolet sales through discount houses in the Los Angeles area. GM drops over a point to a yearly low and breaches the 90 level.
MENTIONED IN THIS ARTICLE
New York
Dea
Supreme Court
General Motors
Los Angeles
York
Pact
Pac Petro
Pact&t
Peeb Coal
Penney
Pennzott
Pepsico
Cam So Pet
Gillette
Procter
Pubikind
Goldfield Fe
Goodrch
Pullman
Bas Pet
Guif
GraceCo
Ralston Pur
York Stockes Bay
Rayonier
Reading Co
Reich Cr
RepubSteel
Revion
Abbott Labae Gulf
Meyn
Hailiburt
Ai Rohr Corp
Sperry Rwt
Harris Int
Roy Ccola
Steatham
HeclaMn
Mertz
Hobart
Associated Press
Allied C
Hoff Electron
AllisChat Alum Ltd Iy
SanFran
Bosch
Schenney
Te Houst LP
Schering
Schering Wi
AmeCyan
Scott P
Enka
idahoPw
Vy Stari GO
Sarsay le
Sheronstt i
Amet Ci
inferikSt
SheliTra
Genv
Am Motors
Sinclair
T&t
Sovcale
AmZinc
AMP Inc
Tecktork
Vie
SouthPac Se
JonnMan
Anacondale Es
StBrands
K— StOllind
Ashiang Ol
Kelser
StanWar
KerrMic
StavliCh
Aes
Athea
Atlas Cp
Kimmb Clark
SteriOrug
Aveo Corp
M's
Stevens JP
Studebaker
Kresge
Beecher
Bell How
Lenman
Bendix
Lofgis
Exetrn - Exgsul
Texasinstm
Bigetows
Lionel Corp
Texasinstmi
Livi
Loews Theat
ThEurnind
Thiokol
Borden
Tidewet
BorgWer
Lonesga
Longish
I . Bullard
Bulova
Mack Tr
Burt Ind
Macyrh
Magmac
Maratha
Mar
Marquerie
UnitAire
Uniicorp
McKess
Usgypam
Merck
Caterer
Merrit
MinerCa
US Steel
Univopa
MontWerd
MorrellCo
Westr Airl
ComSolv
Nat Steel
Wilson Co
WinnDix
Woolworth
Cotton Futures Open Up $7.50 Beside Previous Close
New York reports cotton futures opening seven and one half dollars higher per bale than the prior close, signaling stronger early demand. The AP dispatch notes a sharp early rise in price as traders react to market conditions.
MENTIONED IN THIS ARTICLE
New York
Over-The-Counter Stock Averages and Quotes
Inter-dealer prices as of about 10 30 am today show OTC averages and quotations from NASD. Markets move throughout the day and prices exclude retail marks and commissions.
Dow Jones Averages Regional List Quoted by NASD
Quotations compiled by NASD at 10 30 a.m. today show inter dealer bid prices and ask prices adjusted upward to include approximate markups. The figures reflect representative inter dealer prices and exclude retail markdowns and commissions.
MENTIONED IN THIS ARTICLE
NASD
Westminster Archdiocese Opens Ecumenism Center in London
The Westminster archdiocese has created an ecumenism center in London to train clergy and laity for Christian unity work and to host discussions with Anglican Orthodox and Protestant churches. It opened March 1.
MENTIONED IN THIS ARTICLE
NEW Unity Center
London
Westminster
Arguments Heard In Heyman Suit
An 8500000 personal injury suit against Art Heyman former Duke All American was heard in Durham. Greenberg alleges a blow by Heyman damaged his vision while Heyman argues disputing memories and prior incident records. Judge Hobgood presided with testimony from Burnstein Bakerm and McKinney supporting lack of striking actions.
MENTIONED IN THIS ARTICLE
Durham
Art Heyman
Duke
Heyman
Land
Taylor Greenberg
Duke Carcet
Greenberg
Richmond
New ‘York Knickerbockers
Delaware
Durham Recorder’s Court
Hamilton H. Hobgood
Gary Burnstein
Cat Miielonka
University
Judicial Board
Burnstein
New York City
Lenox D. Bakerm
Massive Viet Cong Rice Trade Revealed By Capture
Company found 800 black shirts and trousers along with a woman's bag containing love letters and banknotes from North Vietnam South Vietnam and Cambodia. A receipt read Received for rice 224 000 piasters indicating a truckload of rice, amid jungle trails and hidden Viet Cong distribution routes.
MENTIONED IN THIS ARTICLE
North Viet Nam
South Viet Nam
Cambodia
Alpha Company
Draft status shift for soldier amid wartime service
AP reports Army sergeant David, serving in the United States since early April, was recently reclassified by the Selective Service board and will not be drafted. Lehigh's wife and three children reside in Urbana.
MENTIONED IN THIS ARTICLE
Joe Til
David
Selective Service Board
Lehigh
Urbana
North Carolina Business Surges in March 1966
Wachovia Bank reports a 3 point rise to 150.8 on the 1957 59 index, marking the largest monthly gain since Feb 1959. Debits jump 16.5 percent year over year seasonally adjusted, while manufacturing hours and construction activity show strength. Inflation concerns accompany broad record gains across the economy.
MENTIONED IN THIS ARTICLE
Winston-Salem — Ness Actty
Nort Carolin
Wachovia Bank and Trust Company
J. Roscoe Adams
Adams
Turing
Federal Reserve Bank of Richmond
Durham
Greensboro
Sub drops off girl stowaway aboard Walrus in Baltimore
In Baltimore a teenage girl, Barbara McVay, 17, stowed away on the British submarine Walrus after following NATO maneuvers. She intended to visit England to see English boys but was discovered and later returned to Maryland with her mother and stepfather. The Osiris and Opportune also docked there.
MENTIONED IN THIS ARTICLE
Wilmington
Del
Her Majesty
England
Barbara McVay
Baltimore
Robert Turso
Atlantic
Barbara
Large Viet Cong area hit by air and ground patrols
American forces pried through jungle with two Viet Cong companies nearby. Jets bombed surrounding terrain while over Cambodian airspace shots were exchanged but caused no damage. Reports cited Alpha Company handling 350 tons of goods. command deemed extraction too risky for million-dollar cargo.
MENTIONED IN THIS ARTICLE
Alpha Company
Division Command
North Carolina Weather Outlook with Scattered Showers
Forecast calls for occasional rain or drizzle mainly northeast, scattered showers in the southeast and mountains this afternoon. Highs from the 50s in the north to the lower 80s in the southeast, with cloud cover and fog across the state. Friday brings decreasing clouds and warmer conditions with scattered showers mainly in western areas.
MENTIONED IN THIS ARTICLE
North Carolina
South Coast
Piedmont
Third Atomic Explosion Expected
AP reported the State Department warned a third Chinese nuclear blast may be larger and cause greater radioactive fallout than the first two. Press official Robert McCloskey said a deployable thermonuclear hydrogen device could still be years away.
MENTIONED IN THIS ARTICLE
Washington
Red China
State Department
Robert McCloskey
Evil Eye Said Tied To Neighborhood Slayings
Montgomery County District Attorney links evil eye beliefs to the string of killings in Norristown. John Bruno, 22, faces five counts of homicide and one robbery for slayings within a four block radius, with motives cited as revenge. Bruno stands mute at a preliminary hearing and is held without bond.
MENTIONED IN THIS ARTICLE
Norristown
Richard S. Lowe
Montgomery County
John Harry Bruno
Lowe
Bruno
Charles H. Jamison
Airliner Wreckage Found Near Cuzco Peru
Airliner with 43 people aboard vanished after takeoff from Lima. Search planes located wreckage near Coclacocha, 170 miles south of Lima. Pilot William Jones and four passengers including Gerald Flynn, Paul Bond, Troy Ross, and George Hoffman were among those on board.
MENTIONED IN THIS ARTICLE
Lima
Peru
Avess Nacionales
Mil Lima
Cuzco
Coclacocha
William Jones
Miami
Fla
Gerald Francis Flynn
Seattle, Wash
Paul L. Bond
Jonesboro
Ark
Troy M. Ross
Boise, Idaho
George A. Hoffman
Flynn
Bond
Ecuador
Ross
Cannon Mills Announces Pay Increase for Workers
Production workers at Cannon Mills plants in Kannapolis and other sites were informed they will receive a wage hike on May 27 or June 3. Notices gave no amount. details to follow. Observers expect an industry wide trend if Cannon sets a raise.
MENTIONED IN THIS ARTICLE
Kannapolis
N.C
Cannon Mills
New York
Henderson
Spartanburg
S.C
Washington
Commerce
John Conner
Gardner Ackley
President
Cannon
North Carolina
South Carolina
Georgia
North Carolina firms miss share of tourist spending
Raleigh report shows North Carolina earned 2.8 percent of national tourist traffic in 1965, while visitor spending totaled 1.9 percent of interstate travel expenditures. Gas and auto services sales reached 762 million, lodging and recreation 413 million, highlighting underutilized potential and need to attract travelers beyond through routes.
MENTIONED IN THIS ARTICLE
Raleigh
Carolina
Bill F. Hensley
Eut of Conservation and Development
Lewis
Niversity
Tennessee
Hensley
North Carolina
Also Mentioned on This Page
Stock Market Report
American Exchange
New York Exchange
Uniess
Awe
Rails Ind
Util. Fon. L
Netee
National
Prey
Tee Et Enna Eee
Teem
Rene Eeee
Dow-Jones
Grede Rails Secon
Eckerd Drug
Founders Life Assurance N. C
Hardee’s Fees Ll
Hatteras Yacht Oruee
Furniture
N.C Nat. Gaseadee
Sarge
Kyrg McCloskey
China
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