Market Slips Slow as Dow Dips Slightly on Nixon Pompidou Devaluation News
Stocks barely moved as a listless session left the noon Dow at 858.13, down 0.66. Across the NYSE the only notable move among the 20 most active issues was Natomas rising 2 percent to 69, while gains appeared in tobaccos drugs metals farm implements and electronics amid mixed overall leadership.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Natomas
Nixon
France
Pompidou
Associated Press
Over-The-Counter Bid-Asked Quotations Snapshot
NASD inter-dealer quotes as of about 11 a.m. show bid and ask figures for various firms. Prices exclude retail markups, markdowns and commissions. ranges include American Furniture 14% bid 14% ask and Public Service of North Carolina 12% bid 12% ask among others.
MENTIONED IN THIS ARTICLE
BID Ask
American Furn
Carolina Caribbean
Hardee’s
Integon
Life of
Carolina
Ncnb Corp
N. C. Nat.Gas
N.C
Ruddick
Ruddick Common
Wellingon Hall
Campaign Legislation Forthcoming
Campaign legislation details forthcoming in this period outline potential reforms and policy shifts. Officials indicate forthcoming measures aim to address governance, public funding, and regulatory oversight with anticipated public hearings.
Nixon plan to sign bill tightening campaign spending controls
Congress heads toward a new election spending reform as President Nixon signals readiness to sign a carefully drafted bill. House chief Wayne Hays says the measure would repair the 1925 Corrupt Practices Act with tighter rules, while Senate leader Hugh Scott aims for a vote before Congress adjourns.
MENTIONED IN THIS ARTICLE
Washington
Senate House
Nixon
Congress
Wayne L. Hays
Ohio
House
Senate
Hugh Scott
Pennsylvania
Hays
Airmen released from captivity return to Honolulu
Miss Harbert and Fecteau arrived at Hickam Air Force Base after Hong Kong release and flew to McGuire joined by Col Leonard W Johnson Jr They appeared tired yet in good health and avoided reporters as they entered medical care Fecteau served 19 years of a 20 year sentence on spying charges while Harbert had been held by the Chinese for three years.
MENTIONED IN THIS ARTICLE
Air Force
Philip A. Deffer
Miss Harbert
Fecteau
Tha
Army
Palo Alto
Calif
Hickam Air Force Base
Honolulu
Hong Kong
Hickam
McGuire
Leonard W. Johnson Jr
Clark Air Force Base
Philippines
Johnson
Dow Jones Averages and Bond Figures in Mixed Trading
Stock averages show varied movement with industrials and utilities posting mixed results. The report lists closing figures for key sectors including rails and utilities, noting higher grade rails and public utilities amid overall market activity.
MENTIONED IN THIS ARTICLE
BO Industrials
Occas
Matter of Inches compares Johnson and Sayers in runroom
New York Giants running back Ron Johnson contrasts his style with Chicago Bears star Gale Sayers saying Sayers needs six inches of running room while he needs nine. Johnson frames the difference as a matter of inches between the two backs.
MENTIONED IN THIS ARTICLE
New York Giant
Ron Johnson
Chicago Bears
Gale Sayers
Gale
New York Stock Exchange Noon Index Slips Slightly
The noon NYSE index shows a small decline with mixed moves across groups. Industrial and transportation sectors edge down while other sectors hold steady amid overall light trading.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Brchapeogie . Co
Pureco Ce Sevescsets Teavoess
Congress Narrowly Extends Phase 2 Powers Amid Aid Dispute
Congress moves to send Nixon a one year extension of Phase 2 economic powers while adjournment hinges on foreign aid. Senate approved the Phase 2 bill after house conferees finished a compromise, with the House expected to follow. The aid package totals $2.6 billion plus $300 million to Israel, and debates over Vietnam war provisions and pay guidelines complicate final passage.
MENTIONED IN THIS ARTICLE
Washington
Congress
Nixon
Senate
Senate House
House
Appropriations Committee
George H. Mahon
Defense Department
District of Columbia
Defense Land
D.C
Israel
Fire gutting Downtowner Motor Inn in Durham
A natural gas fire in a kitchen broiler at the Downtowner Motor Inn caused a blaze that burned for nearly an hour. The three floors were evacuated with the roof collapsing. 170 guests were unharmed, and fire crews contained the flames with no injuries reported.
MENTIONED IN THIS ARTICLE
Durham
Downtowner Motor Inn
J. A. Letzing
Ruby Williams
Auto excise tax refunds reach buyers after repeal
Ford moves ahead with about one million refunds to buyers of Ford and light trucks from Aug 14 to Dec 10. GM Chrysler and American Motors begin refund paperwork, with checks likely starting January as divisions verify applications. Remaining 1971 models receive immediate refunds, 1972 rebates postponed.
MENTIONED IN THIS ARTICLE
Ford Motor Co
Ford
General Motors
Chrysler
American Motors
Mecklenburg Liquor Issue Reaches North Carolina Supreme Court
A state Supreme Court hearing weighs whether Mecklenburg County may begin selling liquor by the drink after voters approved mixed drink sales in a referendum. The case challenges the constitutionality of the enabling act and could affect public buildings and private venues. The parties include the Mecklenburg ABC Board, county officials, and opponents led by Allen Bailey.
MENTIONED IN THIS ARTICLE
Raleigh
State Supreme Court
Mecklenburg County
Superior Court
W. K. McLean
McLean
Charlotte ‘Coliseum
Mecklenburg
Mecklenburg County Abc Board
County Commissioners
Mecklenburg’s
Election Board
Charlottes
Mills Announces Bid for Democratic Presidential Nomination
U S Rep Wilbur Mills of Arkansas and chairman of the Ways and Means Committee says he will seek the Democratic nomination at the convention and may run in some primaries. He cites lack of funds and notes the nation's problems stem from overpromising and underdelivering. Mills spoke at the Shreveport Chamber of Commerce event.
MENTIONED IN THIS ARTICLE
Shreveport
U. S
Wilbur Mills
D|ark
House
Ways and Means Committee
Mills
Shreveport Chamber of Commerce
Also Mentioned on This Page
Stock Market Report
America E Exchange
John Henry AP
Stdliij
StdOilCh
Stauf Ch
SteriDrug
Stevens
StudWor
SunOil Ib
Swift Co
Systron
Tampa
Ve Tektronix
Teledyne
Fordign
Clevelin
Vamidsutil
CocaCol
Minnmm
Colg Pal
Minnplt
Va New York
Collins Rad
MobilOil
Coloinist
Mohas
CBS
Monsant
Last & Colu Gas
Aerojet
CmbEn
Mont Pw
Va MorNor
AO Indust
Motorola
Ark Best
Asia
Arklgas
Con Edis
Mtstatt
Corp
Certron Cp
Cinerama
Nat Indust
Nat Steel
Va Cowles Com
Sue Dillard
Cox
Va Natomas
Dixilyn Corp
CPC Intl
Crown Cork
Newmat
Va Felmont Oil
CrowCell
Frontier Air
WM Wa
Va Ning MP
Norfolk
Gt Basin
Instrum
Va Deere Co
NoaPw
ITI Corp
NwtBanc
Kaiser
DetEdis
Norton
Va Kingsford
Ve Dillon Co
Dr Pepper
Okla GE
Ve Marshal Ind
DowChm
Milgo Elect
Duq Lt
Owen Cng
Newldria Mn
E Dynam Am
Owen III
NewPar Mn
Q —Nor Cdn Oils
Va East Air Lin
Nuclear Am
EasKod
Eaton
OKC Corp
Rmand Ind
S Echlin Mf
PacPetrol
Bes
Ozark Airline
Eg&sg
Pacpwl
Reserve OG
Ye Resortsint
Evans Pdwi
Penney JC
Scurry Rain
PaPwLt
Statham Ins
Fairch Cam
PennzUn
Syntex
Pepsico
Technicolor
Pfizer
Fansteel Inc
Phelps
Phila el
Phil Morr
Klvn Corp
Firestone
Phill Pet
Phill Pet 1.30 PitneyB .68 24.4 23% 24 + Westates Pt
Wilshire
Westates Ind
Admiral
Pueblo
Arizona
GAC Cp
Questor
GAF Corp
Ve Ralstonp
AllegLn
Gannett
Ranco Inc
AllegPn
Gen Dynam
Raytheon
Va Allied Ch
Me Rca
Va AlliedStr
GenFood
GenElec
Rdg Bate
AllisCh
GenMills
Ave — Reich Ch
Gen Tire Ib
Genesco
Reym
Rohr Ind
Royccola
J. Ki
Gerber
RoyDut
Ryder
Gillette
Safeway
Global Marin
Goodrich
Asmeltr
Sanders Asso
V3vaia
Grant W
A At&t
A&p
T&a
Scherzig
AMF Inc
Gt West
SCM Corp
Va Amp Inc
Grn Giant
Scoa Ind
Ampex Corp
Greyhound
Scott Pap
Anacondav
Gulf Oil
SBCL
Ancorp
Sears R
ApecoCp
Gifstuttil
Sheil Oil
Arch Dan
Cry Gulf
Armco
GlfWnind
Es Halliburt
Se Signal Co
Harris
Singer Co
Hecla M
Smith
Sony Cp
South Co
Soungas
HollySug
Southn Pac
Babckw
Monywil
Beckman
Mouslp
ReechAr
Va St Brands
Howmet _ Ltd Kolisman
Bendix
IdahoPw
StOiiCal
BenefiCp
Ideal Bas
Benguet
Cent
StOilind
Beth Sti
Impri Cp Am
Brick HR
Boeing Co
Msinger Rand
T&t
Bulovaw
Bunki Ramo
Itek Corpsij Tenneco
Texaco
JonmnMan
al Cal Finan
Johnason
JonLogn
CarrierCp
Cartwal
CastieCke
KaiAlum
Thrift Or
CaterTr
Todd Ship
Cenco
KayserRo
Trans W Air
Kennecott
Transmra
Cerro Cp
Kerr McG
TriCent
TRW Inc
CessnaAir
Ches Ohio
Krafico
ChiMil Spp
Kresgess
UMC Ind
UAL
UnOilCal
Lenpcem LehVal
UN PacCp
Clark
Uniroyal
Lenmn
Unit Air
Levitz Furn
Ubrands
LibboFd
Lockheed Air
US Steel
Lonesga
Univ Oil
LVO Corp
Lykes Yngst
Varian Assoc
Martins
WaUnion
Mayostr
Westg el
Mayteg
WestghEt Wi
McDond
Weyerhs
McGrah
Whittaker
Merck
Williams Co
MGM
Woolwich
Microdot
Zale Corp
Zenith R
Bai
NEW York Exchange
A.P. Stock
Ind. Rails
Dow-Jones
Pay Board and Price Commission
Durham Motor Inn
Detroit
Ership
Rep
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
Okly
Ward-Griffith Company
National Advertising Representatives
Bing
Robert Goulet
Mary Costa
Theatre
N. Main ST
Luanin
Jamestown
E. Main ST
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