Market slips after morning rally stalls amid inflation fears
New York stocks edged lower after an early uptick failed to gain momentum. The Dow tumbled to 734.89 at noon as declines outweighed advances, with traders awaiting President's stance on Cambodia and amid ongoing inflation worries.
MENTIONED IN THIS ARTICLE
New York
Cambodia
Egypt
Middle East
Associated Press
New York Stock Exchange
American Telephone
Occidental Petroleum
Texaco
General Electric
Alcan ‘Aluminium
Standard Oil of
New Jersey
American Stock Exchange
Equity _ Funding
Automati «Ic
Syntex
Potter Instruments
Buttes Gas
Alamera Oil
New York Stock Market at Noon Trading Update
The AP reports noon trading on the New York Stock Exchange shows activity in the New York stock market with index movements and price changes reflecting mid day sentiment. Investors monitor gains and losses across major sectors as market conditions shift.
MENTIONED IN THIS ARTICLE
New York
Hear Ae
Whpers, Dickson, Powell, Kistler & Crawford
New York and
American Stock Exchanges
N. Main St
American Stock Exchange Noon Prices Snapshot
A noisy table of NYSE AMEX noon prices shows Aerojet Am Petr Asamera AtlasCorp Campbi Chile and others with various last, chg, and percent changes. The list includes many entities, noting some marked with special footnotes and a 1970 context stating figures are unofficial with dividend notes and warrants.
MENTIONED IN THIS ARTICLE
New York
American Stock _ Exchange
Aerojet
Petr
Ark
Arklgas
Asamera Oli
AtlasCorp
Dynalectin
Equity Cp
Fed Resrees
Felmont Oil
Frontier Air
Gen Plywood
Ye Giant Yel
Husky
IT Corp
Kaiser In
Lee Ent
McCrory
Midh Sug
MidwFini
Newldria Mn
Ve NewPark Mn
Ormand Ind
RIC Intlind
Statham
Technico
Soares
Over-The-Counter Bid-Asked Quotations Snapshot
NASD inter-dealer prices as of about 11 a.m. show bids and asks for multiple firms. Markets shift through the day and figures exclude retail markups or commissions. Companies listed include Amer. Furniture Caribbean Colonial Stores Eckerd Drug Pub. Serv. of N.C. and others with varied bid and ask percentages.
MENTIONED IN THIS ARTICLE
ASK Amer
Amer
Ie Caro
Caribbean
Colonial
Auto
Eckerd Drug
Ft. UN
Bk. Corp
Hardee’s
Integon
Life
Caro
N.C.N.B. Corp
N.C. Nat. Gas
Pub. Serv
N.C
Ruddick Pyes
Ruddick Com
Wix
Wellington Hall
Dow Jones Averages Show Mixed Gains Across Sectors
Reading from the latest ticker the market shows higher bonds and utilities with gains in Seeman arenas and rail groups. Industrials and public utilities lead modestly while second grade rails trail the broader index.
MENTIONED IN THIS ARTICLE
Stade
Seeman Arenes
North Carolina South Carolina Georgia Weather Forecast
Forecast covers North Carolina South Carolina and Georgia with warm fair nights and hot days. North Carolina shows lows in the 60s 50s northeast and highs near 90 in most areas. South Carolina expects low 60s nights and low 80s to 90s days with midlands 90s. Georgia stays fair and warm with highs in the mid 80s to low 90s. Extended outlook calls for weekend showers west NC and cooler highs early next week.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Georgia
Hardwood Research Council to Meet in Princeton May 21 22
The Hardwood Research Council will hold its annual meeting May 21 and 22 at the Forest Products Marketing Laboratory in Princeton West Virginia. Johnny Carswell of Thomasville Furniture Industries chairs the meeting committee. John Hall of Washington DC will discuss public and congressional reaction to increased timber management. C H White of High Point will present survey results from the council’s research priorities committee at the steering committee meeting on May 21.
MENTIONED IN THIS ARTICLE
Forest Products Marketing Laboratory
Hardwood Research Council
Princeton
W. Va
Johnny Carswell
Thomasville Furniture Industries
John Hall
Washington, D. C
National Forest Products Assn
Hanes reports first quarter sales rise 40 percent
Hanes Corp of Winston-Salem announces unaudited first quarter sales of 42.616 million, up from 30.406 million a year ago. Net operating income sank to 1.252 million, down 14 percent from 1.461 million. earnings per share from operations fell to 32 cents versus 38 cents last year.
MENTIONED IN THIS ARTICLE
Ik Ramo
Burrghs
Cal Finanl
Caroplt
Esas CaterTr
Macy RH
Celanese
Cenco Ins
Magnvox
Maratha
Cerro
Marcor Inc
Ches Ohio
Maytag la
ChiMil Spp
We Mead Corp
H MeivSho
MobilOil
C Pal
Mohasco
Collinsr
Monsan
Coloinist
MontDuUt
Montaw
Colu Gas
Mor-Nor
Nat Steel
Cudahy
Curtiss Wrt
Ni MP
DanAivt
Dart Ind
Norrisind NorAmPhil
We Deere Co
NoStaPw
del Mate
Weeee DeltaAir
Nwst Airt
NwtBanc
DetEdis
Norton
Det Steel
NortSim
Diam Sham
Dillon Co
Disney
Occiant Pet
Diversind
DowChm
Dressind
Olin Corp
Duke Pw
East Air Lin
Pacgel
Easkodak la
Pact
Eatonia
Ve Echlin Mf
PacPwl
Eg&g
Pact&t
ElPaso NG
panaSul
EltraCp
Emerlec
Panam WaAir
Panh EP
PaPwLt
Pepsico
By Perfect Film
Fansteel Inc
Pfizer
Phelps D
Phila Ei
Vv Firesine
Philip Morr
Vv Flintkte
PimeyBw
FMC Cp
FoodFair
FordMot
NEW York
Exchange
Pullman
GAF Corp
Questor
AbbtLab
Gannett
ACF Ind
GenDynam
Sad Millis
Gen Elec
Ralston P
Address
Ranco Inc
Admiral WV
AlcanAlu
Reich
Genesco
RepubSt
Alleglud
AlliedCh
Gerber
ReynTob
AlliedStr
Allis Chaim
Gillette
Alden
Va Rohr Cp
Alcoa
Global Marin
Royccola
AMBAC
Va Oodrich
Am Hess
RyderSys
Am Airlin
raceCo
AmBacst
elSateway
Am Can
Vest A&p
Jos
AmCyan
T West Ini
Stlsanf
Alles Scott Paper
Sat&t
Searsr
AMF Inc
AMK Co
SherwaWm
AMP Inc
Hoff Electra
SignalCo
Ampex Co
Holidyinn
SingerCo
HollySug
Smith KF
Va ' Hock
Homestice
Scareg
Sancorpnsyv
Soucale
ArchDan
Househf
South Co
ArmcuSt
VejHoust LP
Armour
Howmet
ArmsiCk
M_ idahoPw
Atl Richild
I Cent
Atlas Chem
Atlas Corp
INA
IngerRand
Avnet Inc
interikSt
IBM
T&t
Bell How
Vaitek Corp
Bendix
Jewel Co
Nsw
John Man
Jonathn
JohnsJohn Wi
Jon Logan
ioneLay
Joy Mig
le Runswk
A. Kaiser al
Budd Co
Bulova W
KayserRo
Kerr Mc
Kenncott
KimbCik
Neee Kraftco
Kresge SS
Kroger
Hanes Corp
Winston-Salem
Promotion for Gene W Ferguson at General Medical Corp
Gene W Ferguson promoted to vice president and treasurer of General Medical Corporation in Richmond Virginia. A native of Madison North Carolina he is a business administration graduate of High Point College and the son of Mr and Mrs Hunter Ferguson.
MENTIONED IN THIS ARTICLE
Gene W. Ferguson
Hunter Ferguson
Madison, N. C
General Medical Corporation
Richmond
Madison, N.C
High Point College
Senate Delays Blackmun Vote To Next Tuesday
The Senate Judiciary Committee postponed action on Judge A. Blackmun’s Supreme Court nomination until next Tuesday. Chairman James Eastland noted a delay allowance. Sen. Birch Bayh sought extra time to review the record and tax returns while expressing no current opposition.
MENTIONED IN THIS ARTICLE
Blackmun
Washington
Senate Judiciary Committee
Supreme Court
A. Blackmun
Robert C. Byrd
D-W.va
Rochester, Minn
Birch Bayh
D-Ind
Bayh
Senate
8Th U.S. Circuit Court of Appeals
James O. Eastland
D-Miss
Nixon
Clement F. Haynsworth
Greenville
S.C
G. Harold Carswell
Tallahassee
Fla
Strom Thurmond
R-S.c
Black
Can Hat Trick Be Pulled Off In Confused Economy
The article surveys mixed economic signs as the Nixon administration navigates a year of uncertain performance. Officials face volatile indicators while seeking a trifecta of policy aims amid fluctuating markets and consumer sentiment.
Nixon to address Cambodia role in Vietnam war
President Nixon set a nationally televised 9 p.m. EDT speech to discuss Cambodia and U S forces in Vietnam. Ziegler said direct arms aid to Cambodia remains under consideration as lawmakers from both parties protest the action. The Pentagon announced advisers and air support for the South Vietnamese, prompting debate among top Democrats and Republicans about the war’s widening scope.
MENTIONED IN THIS ARTICLE
Nixon
Ronald L. Ziegler
Cambodia
U.S
Vietnam
Ziegler
Saigon
Washi Ton
Pentagon
House
Senate Armed Services Committee
Rep. L. Mendel Rivers
D-S.c
John C. Stennis
D-Miss
Stennis
Senate
Senate Foreign Relations Committee
Muskie
Mansfield
Capitol Hill
Hugh Scott
Robert P. Griffin
GOP
Emblem of Life of Carolina Wins National Award
The Life of Carolina emblem was selected as first place in the 1969 Most Beautiful Emblem contest. The O. C. Tanner Company of Salt Lake City awarded the prize, citing originality of design and balance between yellow gold crest and white gold base.
MENTIONED IN THIS ARTICLE
Carolina
O. C. Tanner Company
Salt Lake City
Utah
Dividend Declared By Board For Second Quarter
The board of directors declared a second quarter dividend of 12 percent per share on common stock payable June 10 to holders of record May 20.
MENTIONED IN THIS ARTICLE
Hanes Corp
Winston-Salem
Ohio campus unrest ends after midnight clashes
National Guardsmen moved onto the Ohio campus to restore order after 12 hours of clashes with students. More than 50 people are injured including 28 police, with seven students sustaining minor gunshot wounds. Governor Rhodes called 1200 guardsmen but 200 arrived. police and highway patrols secured the area as 236 people were arrested. Ignacio Cruse Obregon, 23, charged with assault with a deadly weapon for firing on a patrol helicopter and a policeman.
MENTIONED IN THIS ARTICLE
iSeven
James A. Rhodes
Ohio Fairgrounds
University
Novice Fawcett
Grant
Ignacio Cruse Obregon
Vietnamese War Expands Into Cambodia and Laos
The U S forces pushed into Cambodia with forward units entering Prasaut 24 miles from the border while Saigon ordered forces to return after operations. Tri Tuan's troops planned extended presence to search the area and Liaison claimed in Svay Rieng. In Laos and South Vietnam North Vietnamese and Pathet Lao forces seized Attopeu near the border, attacked allied troops in the north, and helicopters were shot down. Five Americans and 15 North Vietnamese killed, 29 Americans wounded. South Vietnamese casualties were light.
MENTIONED IN THIS ARTICLE
Chipou
Prasaut
Saigon
Vietnam
United States
Cambodia
Laos
South Vietnam
Attopeu
Also Mentioned on This Page
Stock Market Report
Ling TV
Litton
Lockheed Air LoewsThe
Lonescem
Lonesga
LongisLt
Soungas
Southrn Ry
Sperryr
StBrands
Kolisman
StOllCal
StOllind
Ste — Swift Co
Tampa el
Se Tektronix
Vo Teledyn
Va Tenmeco
TimesMir
Transmra
Transitron
TRW Inc
UAL Inc
UnOillCal
WA HM — UN Pac Cp
Union Pacif
Uniroyal UnitAire
US Indust
US Steel
Univopd
Upjohn
Varian Asso
Vendo Co
Va Eipw
Wat
Eeres Whirl Cp
Whittaker
American -Exchange
NEW York Exchange
A.P. Stock
Associated P
The
Rails Ind. Fon. L
Dow-Jones
Hardwood Research
Mike Mansfield
Edward M. Kennedy
J. W. Fulbright
Edmund S. Muskie
George S. McGovern
Foreign Relations Committee
George D. Aiken
Vermont
National Industrial Conference Board
Pierre Rinfret
Southeast Asia
Rinfret
Treasury
Charles E. Walker
Paul A. Volcker
Labor Department
Ohio
RCA
RCA Service Company
Holbrook St
Greensboro
High Point
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