Market slips mixed as investors wait on Middle East cues
Stock prices hover fractionally higher at noon in light trading. The Dow rose about 0.35 points to 726.25 with rails and utilities showing gains while steels and mail order shares slipped. Broad activity remained cautious as analysts noted a drift without strong buying or selling pressure amid Middle East developments. The AP 60-issue index held at 240.8 as various names moved on little volume.
MENTIONED IN THIS ARTICLE
New York
Middle East
Associated Press
National Cash Register
University Computing
Memorex
Gulf Oil
General Telephone
Merck
Amex
Saxon Industries
Digital Equipment
Alamera Oil
Guerdon
Syntex
New York Stock Exchange Noon Prices Show Wide Activity
The AP reports selected noon prices from the American Stock Exchange with numerous listings such as Avnet Inc, CocaCola, GE, Gulf Oil, and Honeywell among others. The data indicate fluctuating highs and lows across many issues, reflecting mixed market movement and varied trading sentiment.
MENTIONED IN THIS ARTICLE
NEW York
American Stock Exchange
New York Stock Averages Mixed At Noon
Market indexes show a modest uptick in transport and utility shares while overall declines linger. The A P Stock Averages report slower gains and notes slight price changes across sectors in early trading.
Corpus Christi Hurricane Celia Reaches Coastal Texas
Wide storm damage stretches from Corpus Christi to Rockport and inland to Port Aransas Ingleside Taft and Robstown with 65000 families reporting losses. The Red Cross seeks 6 million in relief as electricity water and phones remain scarce and two weeks pass before full service returns.
MENTIONED IN THIS ARTICLE
Aransas Pass
Ingleside
Corpus, Christi
Rockport
Port Aransas
Taft,Linton, Mathis
Robstown
Red Cross
E. Roland Harriman
George Hastings
Office of Emergency Planning
Corpus Christi
Celia
Bay
Fens
Il Defense
Kroehler Mfg Co Reports 24 Weeks End June 21 1970 Sales
Kroehler Mfg Co posts first 24 weeks of 1970 sales totaling $52,202,165, down 1.5 percent from the prior year. Income excluding an extraordinary item stands at $370,102 or 28 cents per common share, versus $1,175,078 or 91 cents in 1969. The extraordinary item from closing two wood furniture plants reduces 1970 income by $107,000, leaving net income after the unusual item at $263,102 or 20 cents per common share.
MENTIONED IN THIS ARTICLE
Kroehler Mfg. Co
Thomasville
Lexington
Marsh Qualifies for 1970 Top Club of New York Life
G Reid Marsh of Trenton Street has qualified as a member of New York Life Insurance Company 1970 Top Club based on 1969 70 sales. As a Top Club member, Marsh is invited to an educational conference in Montreal Canada.
MENTIONED IN THIS ARTICLE
G. Reid Marsh
Trenton Street
New York Life Insurance Company
New York Life
Marsh
Montreal
Canada
Cereal Ads Attack Nutrition Claims Influencing Consumers
Latham questions cereal industry ads suggesting breakfast cereals offer superior nutrition. He argues advertising misleads 8 year olds and suburban housewives into believing cereals are healthier than bread rice or baked beans, urging scrutiny of marketing claims.
MENTIONED IN THIS ARTICLE
Europe
Latham
Nixon backs $55,000 farm subsidy limit doubtful passage
President Nixon supports a $55,000 per crop limit on farm subsidies for cotton, feed grains, and wheat, but House members remain split with some pressing a $20,000 cap plus wool. Leadership signals show the three year farm bill faces a toss up as debate resumes after Nixon’s letter outlining reasons to keep a higher limit.
MENTIONED IN THIS ARTICLE
Washington
Nixon
House Agriculture Committee
House
Agriculture Committee
Silvio 0. Conte
R Mass
Paul Findley
Jn Nixon
Rep
Page
Belcher
Agriculture Department
Senate
Columbus Jail To Be Inspected As Model Unit
A Casper delegation will tour city county joint jails in Saga North Carolina Polk County Florida Florida Jacksonville Tacoma Seattle to evaluate a Casper Natrona County joint jail project. Officials include the sheriff county commission chairman Casper city manager police chief and architect.
MENTIONED IN THIS ARTICLE
Casper
Wyo
Saga N.C
Polk County
Florida
Washington
Jacksonville
Fla
Tacoma
Seattle
Wash
Natrona County
Senator Rejects Street Gang Probe Visit to Blackstones
Sen. John L. McClellan refused to take his subcommittee to Chicago to probe the Black P. Stone Nation also known as the Blackstones. Ministers Barber and Burrell urged a full investigation of gang violence, bombings, and ties to drugs and the Mafia, but McClellan said it was unsafe and declined.
MENTIONED IN THIS ARTICLE
Washington
John L. McClellan
Chicago
P. Stone Nation
Blackstones
McClellan
John Barber
Arkansas Democrat
Barber
Jesse Jackson
Breadbasket
Curtis E. Burrell
Th Woodlawn Mennonite Church
Kenwood- Oakland
Burrell
KOCO
P. Stone
United States
Teacher Unions Predict Rise in Strikes Across Nation
AP reports AFL-CIO teachers foresee a surge in labor action as unions expand beyond K-12 into colleges and universities. NEA and AFT projects include 200000 higher ed members, with strikes anticipated in New Jersey and other states amid new strike laws in Hawaii and Pennsylvania.
MENTIONED IN THIS ARTICLE
Washington
Afl-Cio
American Federation of Teach
NEA
National Higher Education Association
New Jersey
Chanin
AFT
John Converse
Tme
Seattle
Hawaii
Pennsylvania
Converse
James E. Mundy
Illinois
New Haven
West Haven
Connecticut
Philadelphia
Springfield
Mass
Washington, D.C
San Francisco
Nixon would gain broad power over imports
House tax writers seek to grant President Nixon wide authority to impose or suspend quotas on imports including textiles and footwear. The tentative plan would allow action on a per item or per country basis, with broad national interest grounds and a future Tariff Commission review.
MENTIONED IN THIS ARTICLE
Washington
House
Nixon
U.S
Ways and Means
United States
Spain
Tariff Commission
Author Aids Sequel to The Lost Colony Drama
Paul Green, author of The Lost Colony at Manteo, helps write a sequel planned for Robeson County in 1972. The project follows the theory that Roanoke Island settlers moved to the mainland and intermarried with Lumbee Indians.
MENTIONED IN THIS ARTICLE
Pembroke
N.C
Paul Green
Manteo
Robeson County
Roanoke Island
Winston-Salem Voters OK $16 Million City Bond Plan
Winston-Salem residents approved a $16 million bond package for city improvements including water and street work, traffic control, landfills, fire stations and equipment, fire communications, parking garages, downtown renewal, and land for parks.
MENTIONED IN THIS ARTICLE
Winston - Salem
Denture Adhesive Ad Promises Comfort and Longevity
An advert copy touts IXODENT Denture Adhesive Dreams claiming longer lasting hold and natural bite. It highlights ease of use and comfort for regular wearers seeking reliable denture stability.
MENTIONED IN THIS ARTICLE
Eeu. S
Also Mentioned on This Page
Stock Market Report
David Burke
Colg Pal
Mont Pw
Sgl
Collins R
Otis
CBS Colonnist
Colu Gas
Mtstatt
ComiSolva
Comsat
NatAirlin
Cowles
CrowCol
Niag MP
Crown Cork
NorfolkWst
CrwnZell
Va Norrisind
Cudahy
Va Ae Wa NoStaPw
DanRive
Northrop
Dart Ind
NortSim
Delta Air
Denrgr
Okla GE
DetEdis
Okla Ngs
Vv Olin Corp
Diam Sham
Otis Elev
Omarkin
Fy Dillon Co
Disney
Owens
Owen
duPont
Dyna Am
Pact&t
Panasu
PanAm WaAir
East Air Lin
PepsiCo
Pfizer
Eee Evans P
Philip Morr
Vel
Fair Hill
Phill Petre
Ve Fansteel Inc
Pitney
Polaroid
Questor
AtlasCorn Wt
Cathe Barnes Eng
Brascan Ltd
GAC Cp
Va Ralston P
Campb
Chile
GAF Corp
Eee
Ranco Inc
Cdn
Javelin Cinerama
Dillard
ReichCh
Ve Ixilyn Corp
Gen Fds
RepubIt
Veynalectra
Gen Mills
Reviow
FedquityCp
Fermont Oi
Gpubut
ReynMet
Frontier Air v
Va RoanSe
Rohr Cp
Yel
Genesco
Roy Ccola
Basn Pet
Husky Oil
Gerber
UM RyderSys
Hycon
Gettyo
Glenasaen
Kaiser In
Ieee
Td Newldria Mn
NewPark Mn
Granitec Sti
Ormand Ind
RIC Indl Ind
Gt A&p
Statham
Va Technico
Wn Nuclear
The
NEW York Stock Index
Avnet Inc
AvonPd
Balock W
Bulova W
Bank Ramo Buri
Burrghs
Chrysler
Citfin
ClarkEq
ClevElill
CocaCol
INA Cp
Linger Rand
Vliniand Stl
Intrikinc
Venbm
Va — Velint Harv
Velint Miner Vi
Velint Nick
Helint T&t
Tek Corp Bik
Jewel Co
JohnMan
Jonn John
JoneLan
Kaiser al
KanPwl
Katy Ind
Kayser Ro
Kenncott
Kerr Me
KimbCik
ValLyke
Greyhound
GulfStaUt
GulfWind
Mate Dee Hatte
Tal Melnburt
Harris
Vyal Homestice
Yel Honeywi
Lehpcem
Macy Rh56
Mad Fd
Magnvox
Maratha
Marcor
Martinm
Maytag la McDonnd
Mead Corp
MelvShoe
MGM Microdot
Minnnam
MobitOil
Mohasco
Monsan
Montdut
Searsr
Shell Ol
SignalCo
SingerCo
Smith
Swift Co
Tampa E
Tektronix
Teledyn
Enneco
Wa Textron
E Thiokol
TimesMir
Timken
Todd
Trans Air
Transmra
TRW Inc
Um Ual Inc
UMC Ind
UN Carbide
UN Elec
UnOnCal
Wis
UN Pac Cp
Ve Union Pacif
Uniroyal
UnitAire
Val UN Brands
Indust
US Steel
Upjohn
A View Varian Asso
Vendo Co
WaUnion
Whirl Cp
Whittaker
Ye WinnDix
Woolwth
Aallan Xerox Cp
Zale Corp
Zenithr
Ind. Rails Util
Stocks
Pereee
Pehene
High
High Es Veree
Seeweee
BOND
Rails Ind
Dow-Jones
A.P. Stock
Coogee
R-Okla
GOP
House Committee
Hale, Boggs
Louisiana
Boggs
Clifford’ Hardin
Columbus
National Education Association
Robert H. Chanin
Detroit
Kansas City
Pittsburgh
Winston
Plymouth
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