Stock market drifts with little change at noon
The New York stock market showed slow trading with the Dow Jones 30 down 0.73 to 858.28 at noon. Gainers edged losers 6 to 5 as analysts expected drift to continue with little stimulating news and investors sidelined after recent bargain buying.
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New York
New York Stock Exchange
Control
IBM
Polaroid
Xerox
Pan Am
Utah Construction & Mining
Associated Press
Western Union
American Standard
U.S. Industries
Royal Dutch
A P Stock Averages Reported With Limited Details
An abbreviated AP stock averages item provides minimal data and omits specific company names or figures, leaving the report with sparse context and no clear market moves or totals.
Sowers Sees New Issues In Politics
In Fayetteville North Carolina Roy Sowers Jr a top state official says the key election issues will include the economy environment and education He notes voters will demand honest straightforward answers on school busing and racial integration and discusses extending economic opportunities and continuing environmental protection as major themes for 1972
MENTIONED IN THIS ARTICLE
Fayetteville, N.C
North Carolina
Roy Sowers Jr
Department of Conservation and Development
Sowers
Cumberland County
Young Democrats Club
NYSE Summary of Mixed Trading and Modest Deltas
Quotations show a narrow trading session with small moves in key indices. The industrials and utilities posted slight changes while overall market activity remained muted at midday in New York.
Ambush Eyewitnesses Report Shootout Across Northern Ireland
An ambush in Londonderry's Bogside district left a dead man with a pistol at his side. In Belfast troops and gunmen exchanged fire with no casualties. Four explosions shook Newry near the border and Aughnacloy road block in County Tyrone came under about a dozen shots from the Irish side.
MENTIONED IN THIS ARTICLE
Londonderry
Belfast
Newry
Aughnacloy
County Tyrone
Nixon eyes wage price boards as inflation plan shift looms
Washington sources report President Nixon and the 18 member Productivity Commission will study wage price review boards possibly for major industry sectors. Officials note obstruction by mandatory controls is unlikely, while a voluntary review policy and broader intervention gains traction amid steel cost pressures.
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Washington
Nixon
National Commission On Productivity
Federal Reserve Board
Arthur F. Burns
White House
Productivity Commission
Secretary of the Treasury
John B. Connally
Connally
Congress
U.S
Dollar Pressure Rises In European Market
European money markets saw the dollar fall to record lows in West Germany as nervousness ahead of the weekend and a Wall Street Journal poll fueled speculation of a possible devaluation. Frankfurt traded around 3.37 marks per dollar, London near 2.42 per pound, and Swiss rates plunged to 4.03-04 francs. The Bank of England and Swiss National Bank stepped in with large dollar purchases to defend the currency.
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West Germany
Europe
Wall Street Journal
Frankfurt
Bank of England
Zurich
Switzerland
Wallace orders busing change to test Nixon era integration
Wallace acts to reassign Pamela Davis from Westfield to a nearer school, citing long bus rides as unsafe and unnecessary. He frames the move as a test of the Nixon administration’s willingness to support integration while noting the girl’s mother opposes long travel yet favors racial balance.
MENTIONED IN THIS ARTICLE
Nixon
Wallace
Jefferson County-Birmingham
Minor
Westfield
Berlin Wall marks decade as city remains split
East Berlin observes the 10th anniversary of the Berlin Wall while West Berlinites plan an anti-wall demonstration. Leaflets circulate urging resistance as police riot units standby. Both sides head to Peter Fechter’s memorial, with East German flags and state propaganda praising the barrier.
MENTIONED IN THIS ARTICLE
West Berlin
Turbo train fails during Columbia preview
Several hundred spectators gathered along Seaboard Coast Line tracks in Columbia to view the experimental prototype turbo train. The train failed due to an oil gasket problem and was towed to Hamlet, North Carolina for repairs. Amtrak says it will resume in Columbia and then stop in Charleston as scheduled.
MENTIONED IN THIS ARTICLE
Columbia
Amtrak
Hamlet
N.C
Charleston
Tobacco sales net high prices
The second week of flue cured tobacco sales on the South Carolina and Border North Carolina Belt ended with high average prices around 76 to 77 dollars per hundred pounds.
MENTIONED IN THIS ARTICLE
Raleigh, N.C
South Carolina
North Carolina
Space Shuttle Plans Include Two Part Vehicle
NASA faces a choice between a reusable two part space shuttle or a first generation expendable booster option. Congress backs a two part system with reusable booster and orbiter designed to land like an airplane. Some supporters favor testing a new orbiter on a current booster. Cape Kennedy would be the primary site for early launches.
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Space Agency
Congressional Space Committees
Capitol Hill
Myers
NASA
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