Market gains amid late rally on Dow Jones up 4.31
The noon Dow rose 4.31 to 822.36 after a broad rally, aided by bargain hunting following a three week, 63.76 point drop. NYSE activity centered on Skyline and Carnation, with Polaroid up 1% and Disney +% and Eli Lilly +% amid easing Treasury bill yields. The Amex index fell 0.37 to 88.31 as weak glamour issues lagged.
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New York Stock Exchange
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Skyline
American Stock Exchange
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Polaroid
Walt Disney Productions
Eli Lilly
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Carnation
Amex
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KaisrAt
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Bsva Va Kimbchl
Koppisz
Krafteo
Ie Krespes
Yi Krogerns
LesrSieg
Lehmajle
Patton Prefers To Be Known As Own Man
Maj. Gen. George S. Patton accepted command of the 2nd Armored Division, a unit once led by his father and linked to the slogan Patton's Own. He said he wants to be known as his own man, with no remark on the slogan or his father.
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FT. Hood, Tex
George S. Patton
2Nd Armored Division
Patton
George S. Patton Jr
North
Africa
Signatures in Joan Little case admitted for jury
In Raleigh AP report a handwriting expert identified signatures in Joan Little cell books but could not ID other writing from a waiver sample. Judge Hobgood allowed the books' admission amid defense objections. The trial nears four weeks with Kunstler held in contempt and potential civil action discussed.
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Raleigh
N.C
State Bureau of Investigation
Joan Little
D.C
Matheny
Washington, D.C
Beaufort County
Miss Little
Nancy Lee Hollis
Hobgood
William Kunstler
North Carolina
Kunstler
Chicago Seven
H. Rap Brown
Morris Dees
Dees
Unanimous verdict impossible in Gurney case jury says
Jurors in the Edward J. Gurney influence peddling trial say they cannot reach unanimous verdicts on all charges after 47 hours of deliberation over eight days. Judge Krentzman orders renewed deliberations as the panel, including Josph Bastien and FHA officials Ralph Koontz and K Wayne Swiger, faces counts seven and 11 with disputed outcomes.
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Gurney
Tampa
Fla
Edward J. Gurney
U.S. District Court
Ben Krentzman
Krentzman
Josph Bastien
Sus
Federal Housing Administration
Ralph Koontz
K. Wayne Swiger
Florida
FHA
Bastien
Orlando
Grand
Panama City
Butz Asked To Close All Tobacco Markets In Nc
Tobacco buyers halted auctions at Lumberton Lumbee Warehouse as growers petitioned Agriculture Secretary Earl Butz to close all tobacco markets in the floodaffected area until prices cover production costs and profit. Petitions urge price-fixing probe of tobacco companies and a Stabilization Corp program to hold tobacco for farmer compensation. Sales resumed after petitions were read to demonstrators.
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Associated Press
Lumberton
N.C
Agriculture
Earl Butz
Stabilization Corp
Lumbee
Gasoline Prices Rise 3.1 Cents in July National Average
The Federal Energy Administration reports regular gasoline rose to a national average of 58.7 cents per gallon in July, up 3.1 cents. Fuel consumption growth slowed to 1.9 percent over two years, saving about 500,000 barrels daily. June saw price bumps across regular, premium, and diesel fuels, with more increases among major oil companies.
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Washington
Federal Energy Administration
FEA
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