Stock market slides as investors stay on sidelines
New York trading slowed amid worries over the economy and dollar issues abroad. The noon Dow Jones average shed 4.82 to 845.79, with declines leading advances about 6 to 5 on the NYSE. First-hour volume totaled 2,030,000 shares, the lowest since August 17, as investors cited European monetary problems and seasonal slowdowns.
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Steels
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Associated Press
Agnew Defends Foreign Trip Coverage As Biased
Vice President Spiro T. Agnew said some foreign trip coverage was totally objective while other reporting was biased and inaccurate. He defended diplomatic restraint and questioned emphasis on costs and staffing compared with prior trips in a Monitor interview conducted in Washington.
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Christian Science Monitor
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Faulkner orders internment and bans Northern Ireland parades
Prime Minister Brian Faulkner ordered internment without trial for IRA guerrillas and banned the annual Protestant Apprentice Boys parade. British troops arrested about 200 republican and leftist leaders during night raids as violence spread in Belfast Londonderry and suburbs. Rioters clashed with police, snipers fired from rooftops, and cars were set ablaze amid ongoing sectarian clashes.
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New York Noon Stock Exchange Market Index Update
AP report shows the Noon Stock Exchange Index at 51.86, down 6.21 points amid mixed trading. Industrial shares edged lower as market activity paused near midday.
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New York
Pilot Life names Alice Combs assistant secretary
Alice Combs of High Point has been appointed assistant secretary for Pilot Life Insurance Co. Rufus White announces the promotion. Combs joined Pilot in 1953 as a clerk in the claims department, rose to claims supervisor in 1959, and to manager of the combination claims department in 1966. She is a Fellow of LOMA, member of the Sedgefield Lady Lions, and Green Street Baptist Church.
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Alice Combs
High Point
Pilot Life Insurance Co
Rufus White
Pope Named Assistant Vice President at Syracuse Office
Gets New Post Max P. Pope son of Mrs Aubrey Pope of 319 Nathan Hunt Dr has been named as assistant vice president in charge of Syracuse office of Associates Financial Services Co Inc of North America. He previously worked in the Pittsburgh office.
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Nathan Hunt
Syracuse, N.Y
Associates Financial Services Co., Inc
North America
Pittsburgh
Hospital Addition Dedicated at Wilson Memorial Hospital
Lt. Gov. Pat Taylor dedicated a $2.7 million addition to Wilson Memorial Hospital in Wilson North Carolina. The new wing provides 101 patient beds bringing the total to 357.
Faulty Vietnam generators blamed on contractor influence
A House Armed Services subcommittee report finds hundreds of generators built by Consolidated Diesel Electric failed in Vietnam, harming Marine combat power near Da Nang and possibly increasing casualties. The probe cites contractor influence and notes prosecutions pursued by the Justice Department. Key figures include Daniel Elmore and Daniel Ross with Consolidated, born from contracts totaling over 27 million dollars for 7,000 units since 1967.
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Vietnam
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House Armed Services Investigating Subcommittee
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Old Greenwich
Conn
da Nang
Consolidated
Daniel Elmore
Daniel Ross
Shootout at Bank Divides Germans
West Germans argue Munich police should have fired on two bank robbers with hostages after 20 year old Ingried Reppel was killed and gunmen died as shots were exchanged near a getaway car. Todorov was captured alive and officials defend the decision amid legal scrutiny.
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Rammelmayr
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Manfred Schreiber
Interior Ministry
Offi
Cials
Brunk Merk
Miss Reppel
Todorov
Frank Niepel
State Criminal Investigation Office
American Bombers Hit North Vietnam in Sunday Strikes
U S fighter bombers carried out their 48th yearly strike inside North Vietnam and B52s hit positions near the DMZ. A protective reaction strike targeted antiaircraft guns that fired on an unarmed reconnais sance plane, with no American losses reported.
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Saigon
North Vietnam
Demilitarized Zone
U.S
Dmz
Cam Lo Ana
Fuller
Mayor Bucks Beer Policy Debate in Dunn NC
Dunn North Carolina Mayor Abe Elmore says the city council will keep its Sunday beer sales prohibition until a full study is completed. He notes council members have not seen the state's new beer drinking hours law amid a push from the 1971 General Assembly allowing Sunday sales. The mayor stresses no override of state law is intended and cites possible emergency action before the Sept. 7 meeting.
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Dunn
N. C
Abe Elmore
General Assembly
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