Market Dives to Year’s Low as Investors Cite Rates and Vietnam
The Dow fell 8.91 points to 825.94 at midday amid heavy trading as economists’ forecasts and concerns over high interest rates and the Vietnam situation weighed on sentiment. Regional stock quotes from the American Stock Exchange show several names with varied bid and ask prices as NASD figures reflect inter-dealer activity.
MENTIONED IN THIS ARTICLE
New York
Viet Nam
Dow
Eckerd Drug
Hatteras Yacht
Life Assurance
N.C
N. C. Nat. Gas
Two Hunted In Slaying Of Police
London AP report: John Edward Witney held without bail for murder in the killing of three police detectives. Police seek two more suspects, Harry Maurice Roberts age 30 and John Duddy 38, with Roberts possibly using the names Ronald Ernest Hall and John O'Brien.
MENTIONED IN THIS ARTICLE
London
John Edward Witney
Scotland Yard
Witney
North Carolina Warm Humid Weather Persists
The Associated Press reports continued warm and humid conditions across North Carolina under a Bermuda high. Scattered afternoon and evening thundershowers are expected with less activity Wednesday. Rain amounts varied by city from Charlotte to Raleigh and Greensboro, with highs ranging from the mid 80s to 90s and temperatures cooling into the 60s in the mountains overnight.
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Associated Press
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Elizabeth City
Rocky Mount
Hickory
Asheville
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Mercury
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Greensboro
Wilmington
Hatteras
Mechanics Get Details Of Pact
Washington AP reports strik ing mechanics will vote on a tentative agreement aimed at ending the five airline shutdowns. The three year, about $90 million package would raise top pay from 3.52 to 4.00 per hour with benefits and a cost of living escalator. Airlines Eastern National Northwest Trans World United hope weekend resumption of flights if ratified.
MENTIONED IN THIS ARTICLE
Washington
P. L. (Roy) Siemiller
Afl-Cio International Association of Machinists
Siemiller
Eastern
National
Northwest
Trans World
United
House
White House
Beatles Avoid Theology Wow Fans In DC Stadium
Washington AP reports the Beatles opened their American tour in D C Stadium under heavy police guard with 32 164 in attendance. Five Ku Kluxers protested Lennons remarks on Christianity while a 16 year old briefly touched the band, all without major incidents. Lennon said his Vatican remarks were not impious and if it helps others it helps him.
MENTIONED IN THIS ARTICLE
D.C
John Lennon
Lennon
Duke Power planned hydro and nuclear project in Carolinas
The Federal Power Commission heard that the Duke Power proposed project in Transylvania County North Carolina and in Oconee and Pickens counties South Carolina would cost about 700 million and yield 44 million dollars annually in federal state and local taxes. Rep. Dorn D South Carolina said the six Savannah River tributaries site would include hydroelectric and nuclear units. All opposition to the project was withdrawn after an agreement Dorn helped draft.
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Washington
North Carolina
South Carolina
Duke Power
Cox
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W. J. B. Dorn
D-S.c
Commission
Duke
Transylvania County
N. C
Oconee and
Pickens Counties
S. C
Savannah River
Power Commission
Dorn
En Banc Upholds Jury Ban in Federal Case
A federal judge upholds a ban on jury access by non relatives and non counselors. The rare en banc session included all circuit judges. A four judge majority reversed with some legal points split. two concurred with the reversal but differed on specifics. one judge dissented.
Alienation of Low Income Whites in Civil Rights Era
A Washington Post summary of public attitudes shows low income whites feel neglected and relegated in American life. Survey data indicate many perceive rich getting richer and feel powerless, with notable sympathy for civil rights causes mixed with frustration about their own status.
MENTIONED IN THIS ARTICLE
Keech Basses
The
Washington Post Co
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