Market pauses as Laird outlines Pentagon cuts
Advances led declines by about 200 issues. Analysts noted investors on the sidelines awaiting Defense Secretary Melvin Laird, who announced 2 billion in Pentagon cuts including a 100,000 service member force reduction. Dow 830 level seen as key for further gains. if it slips, test of 80 may occur. 6-stock average up 4 at noon to 294.0. Reading & Bates active on the New York Stock Exchange, Nato mas and other oils among movers.
MENTIONED IN THIS ARTICLE
Som
Defense
Melvin R. Laird
Laird
Pentagon
Associated Press
Reading & Bates
New York Stock Exchange
Natomas
Alantie Richfield
Gulf Oil
Tegaco
New York
Welah West
Saimonhew
Salam Pere
iMotorola
TAD Indust
Mesett Ld
Ark Gas
Nestor
Asamera
Omsat
AtlasCorp
Ika
Dow Jones Industrial
Eee
Elas Es
Wea Pte
Conta Airk
Atj Cotain
Natindast
Vwipixiiyn Corp
Natlead
Nat Steel
Felmont Oil
Gowles
Staave
Ny Newnerry
Crown Cork
Norvisind
Cudahy
Curtias
Yelith Corp
Tnorthrog
Waller
Dart Ind
Mohwk
Ohigkdis
Wlokisge
RIC Group
Land Alled Authorities
Det Steel
Oklangs
Pac
Teast Air
Bach
East Kodak
Parke Davis
Ialus
Stock Amdetel
Husak
Gustav Husak
Eliasen
Elpasang
ST Wa
Eltra
PennDix
Penney IC
Eversharp
Baldoneter
Dubcek
Iltms
Pfizerc
Ueidmek
al Bibikind Jsf
FisewLt
Pullman
St. Wenceslas
FoodFair
Wits
Bergen Peacoat
Ereepsat Tao
Ralston
AicanAl
Ciierta
Alleg Cp
Tialeens Alteglad
Alegra
Zita Alliedch
St Alcoa
el Grantw
Amir Hess
Tsivaks
Smmurid
Scott
Greyhound
Amerey
el Amer. Fidel
Abo. Amerkal
Zev
Wei Gulfstaut
Amer. Fur
GutWin Ia
Zata
Amer. Morte
Smith
AletGle
Am Motors
Sougaie
Colonial Stores
Tove Farle
a.Eckerd
Amtar
Ft. Union Bk. Corp
Hardee
Prague
Wen- Ampex Corp
al Strane
Harris Teeter
Ceslas Square
Kollsman
Bachivock
Caro
Aia
rchDan
Sin.cnb. Corp
Lseri Basic
N.C. Nat
Richild
Hleeeewoni Pied
Avia
Aveo Cp
Pub. Ser. of
N.C
ValSwiff
Ruddick
Wach
Pennéca
Texaco
Tia
Ta Jewel Co
Bath Stlec
Valtohnan
Boeing
Timesir
BoisCas
AIA OB Va
JoreLay
Todd Sap
Borden
Stai Sap
UndilCal
Kroger
UN Bac Cp
UnionFacit
Heesieg
Caroplt
U Carrier Cp
Itenpcem
Ate Ag
Gale & A Lockhda
lVenda Co
Chris Cr
Avait
As Astam
Pmarcor Inc
SAM Merlin Ce
Tha iMac Mid
Ania
Wnittaner
Ciel Mgm
Zale Corp
Market News and Prague Crash Coverage in New York
New York reports stock market movements with continued gains as Coca Cola and Mohasco are listed among movers. A separate Prague dispatch notes a fatal plane crash near a bridge, with authorities and crowds assessing the scene and a female victim found among the wreckage.
Stock Averages Report Fragment and Crash Note
Fragmentary AP note mentions stock averages and a plane crash where bodies were removed after the fire was extinguished. The readable text provides few specifics beyond the sequence of events and aftermath.
Riot Clashes in Czech Republic Leave Two Dead
Government reports Wednesday night riot results with two killed and many wounded. Police say those killed and injured were shot by criminal and unemployed rioters amid widespread arrests exceeding 320.
MENTIONED IN THIS ARTICLE
Jsrae
Dow Jones Market Snapshot From Noon Friday
Compiled data shows U S stock averages and bond figures with noon readings from New York. Highlights include mixed changes, year ago and month ago benchmarks, and sector indices across transportation utilities and industrials with notable highs and lows.
MENTIONED IN THIS ARTICLE
Ru Residstis Press
Moen Toors
Nash Thurs
Inet Jonn Eee
New York
Tad Inder
OOE Finance
Plane Crash Near Interstate 85 Kills Three Men
SALISBURY NC AP three men were killed and a woman badly burned when a single engine airplane crashed shortly after noon four miles south of Salisbury near Interstate 85 authorities said the plane apparently lost power after takeoff from Rowan J Airport and plunged into a wooded area the aircraft burst into flames Clyde Rex of Landis an airport employee was identified as the pilot another victim tentatively identified as Ralph Harper was named in early reports
MENTIONED IN THIS ARTICLE
Salisbury
N.C
Jday
Rowan J
Las Clyde Rex
Landis
Ralph Harper
Wee Ile
N C Servicemen Die In Vietnam
The Defense Department reports three North Carolina servicemen killed in Vietnam. Spec. 4 John C. Rodgers of Lumberton and Pfc. James L. Sprinkle of Franklin were killed in action. Sgt. John L. Fielder of Winston-Salem died but not from hostile action.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
North Carolina
Vietnam
John C. Rodgers
June B. Rodgers
Lumberton
James L. Sprinkle
Donna L. Sprinkle
Franklin
John L, Fielder
Winston-Salem
Massed crowd clashed near statue amid tear gas siege
Several hundred protesters gathered around the statue despite a ban imposed after Husak took power. Riot police in armored cars rolled into the square and ordered dispersal. Tear gas shells fired near the statue sent the crowd fleeing, choking and coughing as they broke apart.
MENTIONED IN THIS ARTICLE
Husak
North and South Carolina and Virginia Georgia Weather Outlook
Forecast notes clear to partly cloudy skies with cooler nights across North and South Carolina and Virginia. In North Carolina lows mid 50s to low 60s in the mountains and mid 60s elsewhere. South Carolina usually fair with lows 64 to 74. Virginia nights 45 in mountains to 60 on the coast, Friday mostly sunny with highs near 75 to 82. Georgia clear to partly cloudy and warm with highs Friday around 80s in the north and 70s in the south, tonight 60s north and low 70s elsewhere.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Year of Buzzards Snakes and Nuts In Legislatures
The Associated Press notes a quirky year as legislatures in several states shifted focus from budgets to nature. Highlights include North Carolina naming the gray squirrel as state mammal, Georgia debating a state bird, Minnesota quail as rock, Indiana fungus, Hawaii trying poison free snakes, and Nebraska designating blue grass under pioneers. Maryland discussed removing various hawks from protected birds, while Pennsylvania trimmed proscribed birds north of U S 22.
MENTIONED IN THIS ARTICLE
Associated Press
North Carolina
General Assembly
Bagi D. Barr
Henry Boshamer
Georgia
Rep
Ward
Fire Ravages Old Jerusalem Mosque Wing
Flames gutted the east wing of El Aksah Mosque in Jerusalem's Old City as protests erupted among Arabs and security forces. Prime Minister Golda Meir ordered an official investigation while troops sealed the area and dispersal shots rang out. Dayan and officers probed the blaze that damaged ceilings inscriptions and a Saladin-era pulpit.
MENTIONED IN THIS ARTICLE
Golda Meir
Moshe Dayan
Saladin
U S Presses Humane Treatment for Prisoners in Vietnam Talks
U S envoy Philip Habib urged North Vietnam to allow mail for prisoners of war and to provide humane treatment. He cited U.S. insistence on 1,000 POWs and called for withdrawal, elections, and international supervision. Hanoi's Col Ha Van Lau demanded total, rapid, unconditional troop pullout as key to peace. Habib warned senators and families deserve knowledge of prisoners' status.
MENTIONED IN THIS ARTICLE
Paris
United
North Vietnam
Habib
Amer
Hanoi
Philip Habib
U.S
Col
Ha van Lau
Lau
Dist
Mort Center
Habibll
Six die in fiery Lumberton crash in North Carolina
Authorities identify four victims of a head on collision on US 74 seven miles east of Lumberton. Dennis Freeman 23 and Larry Flowers 18 were in one car with Norman Burt 21 and Waylon Burt 19, all from Chadbourn. Two other victims unidentified. two injured, one critically, to Southeastern General Hospital.
MENTIONED IN THIS ARTICLE
Lumberton
N.C
R. Ht. Newton
Dennis Freeman
Larry Flowers
Norman Burt
Waylon Burt
US. 74
Chadbourn
J. Newton
General Hospiital
Leon Brown
Widespread wiretap web disclosed in Hoffa case
In Chattanooga a Justice Department probe reveals thousands of transcripts from wiretaps and bugs, with connections to Hoffa and three codefendants. The government denies illegal use of any material, while the court orders the secret June File reviewed and 1,317 Detroit telephone recording transcripts turned over. The hearing probes Hoffa rights and possible tainted evidence from eavesdropping in the Hoffa trial.
MENTIONED IN THIS ARTICLE
Chattanooga, Tenn
U.S. Department of Justice
James R. Hoffa
Teamsters Union
Chattanooga
Hoffa
Justice Department
U.S
FBI
U.S. Dist
Frank W. Wilson
Detroit
Teamsters
North Carolina Highway Commission
Cred
Vit
Hoffa Convicted In Nashville Jury Fix Conspiracy Case
Hoffa and three codefendants were convicted of attempting to fix a jury in a Nashville conspiracy case that ended with a mis trial for Hoffa in 1962. One man received 24 months after the crash while another eight-year sentence loomed. The Sixth Circuit described the cars as severely burned and indistinguishable, some appearing telescoped.
MENTIONED IN THIS ARTICLE
Hoffa
Nashville
Also Mentioned on This Page
Business and Financial News Stock Market Report
By Phil Thomas
AP Business Writer
NEW York Exchange
Dow-Jones
Wards
Lake
Edwards
Indiana
Hawaii
Honolulu
Sidney Marcus
Maryland
Thrasher
Nebraska
Pennsylvania
U.S. 22
Jerusalem
Robert , Lee
Las Vegas
Carlyle Phillips Hardee
WHPE
Powell, Kistler & Co
New York and
American Stock Exchanges
Main Street
Eeategile
Stariotta
Righ Kinston
Trattteh
Myrtle Beach
D. C
New York City
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