Market Gains Extend as Dow Tops 1030 on Strong Economy
Prices rise moderately in midday trading with the Dow Jones industrial average up 3.31 to 1,030.85 as gains outweighed declines. Amerada Hess leads volume with a block of 375,000 shares at 44 and notes a $116 million charge by directors for fuel contracts losses and lease write-offs.
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Over-The-Counter Bid-Asked Quotes Reported by NASD Office
Inter-dealer prices as of about 11 a.m. reflect representative quotes. Markets change throughout the day. Quotations exclude retail markups and commissions. Provided through the High Point office of R. S. Dickson, Powell, Kistler & Crawford.
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Dow Jones Averages Record Mixed Rail and Utility Activity
The data shows movements in the Dow Jones averages with notes on rail grades and utilities. Industrial index reading around 1090.85 suggests a mixed session with fluctuations across sectors.
New York Stock Exchange Noon Figures Report
New York AP reports noon market standings with the Dow Jones industrial average near 70.43, transportation at 49.59 and utilities at 42.64. The index shows minor changes with small gains and losses across sectors, including the railroad and manufacturing groups.
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Tiger injures Paar during drive-through zoo filming
Television personality Jack Paar is nursing a sore wrist after a 6 month old tiger bit him at Jungle Habitat in West Milford New Jersey during a TV sequence filming on Wednesday.
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Volpe Named Ambassador To Italy
President Nixon names Transportation Secretary John A. Volpe as ambassador to Italy and selects Claude S. Brinegar to succeed him in the Cabinet. Volpe, a former Massachusetts governor, will replace Graham Martin in Rome and Brinegar is praised as a capable manager from Union Oil Co. of California.
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No American Battle Deaths Reported For Second Week
Saigon reported no American soldiers killed in action in Vietnam last week for the second straight week. Non-hostile deaths totaled three, with one missing or captured and seven wounded, while South Vietnamese and North Vietnamese forces suffered large casualties.
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Nixon Plans to Keep 300,000 U.S. Troops in Europe
President Nixon told NATO allies in Brussels that about 300,000 American troops would remain in Europe through mid-1974 if European allies meet defense obligations and talks with the Soviet Union on force reductions proceed. Rogers and other foreign ministers outlined goals for a mutual balanced force reduction and restrained Soviet actions near NATO borders.
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High Court Rules Union Can't Fine Strike Dropouts
The Supreme Court rules it illegal for labor unions to fine members who quit during a strike and return to work. Justice Douglas states a member resigns and the union loses power over him, while Justice Blackmun dissents in a separate related matter involving ex-members. The ruling aligns with NLRB findings on Taft Hartley law requirements.
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Soviet Jew Faces Education Tax to Emigrate to Israel
Viktor Perelman, denied job after applying to emigrate, must pay 8200 rubles for his education and 8600 rubles for his wife’s training as a condition of obtaining a visa. He calls the tax a hidden tariff and appeals to Internal Affairs Minister Shchelokov.
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Apollo 17 Blasts Off From Cape Kennedy Into Space
Apollo 17 lifts off at 12 33 a m EST from Cape Kennedy aboard a Saturn 5 rocket with a record crowd watching. The launch faced a potential 24 hour postponement due to sun earth moon positions but proceeded smoothly as the two spacecraft separated from the S4B and linked in lunar transfer.
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Doctors Recommend Anacin For Pain Relief
Doctors prescribe many pain medications including narcotics, but Anacin stands out as an over the counter option. It claims faster relief for headaches and dental pain, hours of arthritis relief, and even colds and flu aches, with minimal stomach upset, prompting readers to take Anacin as a doctor might prescribe.
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