Market Dip As Profit Taking Offsets Rally Gains
A midday stock report shows the Dow Jones average down to 881.47 amid profit taking after Monday's rally. Airco trades at 20 on the Big Board while Massey-Ferguson rises to 12s on news of a fourth quarter profit. overall, industrials and rails fall, chemicals rise, and the AP 60 average dips to 320.3.
MENTIONED IN THIS ARTICLE
New York
U.S
Group of Ten Finance Ministers
Airco
Massey-Ferguson
Associated Press
N.C
High Point
High Point Enterprise, Inc
Ward-Griffith Company
National Advertising Representatives
Inter-dealer Bid and Ask Quotes From NASD
Quotations from NASD reflect representative inter-dealer prices around 11 a.m. Markets fluctuate through the day and do not include retail markup, markdown or commissions. Listings include American Furniture, Carolina Caribbean, Hardee's, Integon, Life of Carolina, N.C.N.B. Corp, N.C. Natural Gas, Pub Serv of N.C., Rudick preferred and common shares with varying bid and ask percentages.
MENTIONED IN THIS ARTICLE
American Furn
Carolina Caribbean
Hardee’s
Integon
Life
Carolina
N.C.N.B. Corp
N. C. Natural Gas
N.C
Ruddick
Apartment Blast Kills 10 in Paris Suburb
A gas explosion leveled a 12 story Argenteuil building near Paris, killing 10 and injuring 106. Fire officials said interior walls collapsed as firefighters evacuated nearby homes and a school. The blast occurred while investigators looked for a gas leak in the basement.
MENTIONED IN THIS ARTICLE
Paris
Argenteuil
India
Freeman Associates promotes two seniors and names two new associates
The board of directors of Wm. F. Freeman Associates promoted Martin A. Sewell and Robert M. Pitts to senior associates. Leonard P. Bloxam and Benjamin T. Felder were elected associates, each bringing extensive engineering and city service backgrounds to the firm.
MENTIONED IN THIS ARTICLE
Wm. F. Freeman Associates
Martin A. Sewell
Robert M. Pitts
Leonard P. Bloxam
Benjamin T. Felder
Sewell
University of Virginia
School of Design
Yale University
Staunton
Pitts
Winston- Salem
Elon College
Appalachian State
North Carolina State University
Freeman
Bloxam
N. C. State University
Greenville
Duke Power Co
Carolina Power and Light
U. S. Navy
Civil Engineer Corps
Felder
Rambert
S. C
The
Citadel
State of California
New York Stock Index Dips at Noon Amid Mixed Results
AP reports noon activity in the New York stock index with declines in several sectors. The industrial group fell to 60.29, transportation slipped to 49.03, finance dropped to 72.89, while the overall market showed modest softness.
MENTIONED IN THIS ARTICLE
Cleven
MGM
Colg Pal
NEW York
Collins
CBS
MobilOil
Colu
Sa CmbEn
Monsant
Aerojet
AO Indust
MorNor
Ark Best
Motorila
Val Arklgas
Asamera Oi
Barnes Eng
Nabisco
Barnwel
Cintl Corp
Brascan Ltd
Nat Can
Buttess Oil
Natcashr
Nat Distil
Cinerama
Va Cox
Data Control
Nat Steel
Dillard
Dixilyn Corp vi
CrouseHind
Natomas
Essex Chem
Crown Cork
NewPow
CrowZell
Felmont Oil
Newmnt
Frontier Air
Niag MP
Gen Plywood
Dan River
Giant Yel
Dart Ind
Gt Basin Pet
Norris Tnd
NoAmRk
Limp Oil
del Mate
Vl Instrum Sys
Delta Air
NoStaPw
Corp A
DennyRst
Norton
Kin Ark Corp Kinsford
Disney
NirtSim
Vv Diversind
OrPepper
OccidPet
duPont
Omarkin
Otis
Milgo Elect
Dynam Am
Newldria Mn
Owen Cng
NewPark Mn
Ve ‘East Air Lin
Owen Ill
Nor Cdn Oils
Eashed
PQ — Nuclear Am
Eatn
Pacge
OKC Corp
Echlin Mf
Va\Ormand and 3 2 EG&G
PacPetrol
Ozark Airline
Eipasong
Pacpwl
Permaner
EltraCp
Pac T&t
Phoenix
Emer el
Puritan Fash
Essexint
PanAm WaAir
Rath Pack
Ethyl Cp
Panhc EP
Reserve OG
Evans P
Penn Cent
Resortsvnti A
Evans Pd Wi
Penn Dix
Scurry Rain
Ue Penney JC
Statham
Fairch
Syntex
Technicolor
Se Fansteel Inc
PepsiCo
Telepromtr
Phelps
Viewlex
FedDeptStr
Vhila el
Vikoa Inc Oh
S Firestone
Phil Morr
Va Phill Pet
Ve Westates Pt Va
VLN Corp
de Dia Ja
Wilshire
Flintkote
Polarois Pitneyb
Fla Pow
Se Yates Ind Ve Yonk Ra
Ls Portgel
FMC Co
PPG Ind
Zim Hom
Food Fair
Associated Press
Ford M
McKs
FreepMin
Vw! Publkind
Atlas
GAC
Pullman
GAF Corp
Questor
Tianan
Gannett
Ralston P
GenElec
Raytheon
Rdg
Arizona
ReynMet
Gerber
Gettyo
Gillette
Roy Ccola
Allied Ch
Global
Glen Ald
Ryder Sy
lisCh
Goodrich
Ss _ Alcoa
Safeway
Grace
Grt A&p
AmBadest
Gt West
Fiat
Sanders Asso Am Can
Gtwu
Gru Giant
Ee SanFeini
Greyhound
ScherPig
Ameipw
Gru
SCM Corp
Gulf
Scoa Ind
Scott Pap
Lée
Am Motors
Sears
Asmeltr
Halliburt
Shell Oi
ShellTr
At&t
Heclam
Sherwin
T&t
Hercule
Eignal Co
AMF Inc
Heublein
Weinger Ci
AMP Inc
Va Ancorp
Homestice
South Co
Apeci Cp
Siva
Southa Pac
Richfid
StOilCal
StOilind
Stevens
Beckman
BeechAr
Nickel
Bell How
Bendix
SwiftCo
Ve BenefiCp
Beth Sti
Itek Corp
Tampa
Jonnoh
Tenneco
JonLogn
Tesoro Pet
BorgWar
Jon Laug
Texaco
Brunswek
Can
Nansos
Kanplt
Ay Thiokol
Bunkr Ramo
Katy Ind
Thrift Dr
Burlind
Mla Bi
Tq TimesMir
BuriNor
Kayser
Kennecott
Kerrmcg
Timken
Caull
KimbCik
Dove
Todd Ship
Trans W Air
Adence Ind
Tia
Transmra
Caro
Ve Kroger
AL Inc
CartWal
I LearSieg
UMC Ind
CastieCke
CaterTr
UndiiCal
Cenco Ins
Levitz Furn
Cerro Cp
LoneStarin
Chris Craft
Sia Star
LoneSta
Clark
LukenStr
Univ Oil
LVO Corp S58
Univ Cptr
Lykes Yngst
Vve
Upjohn
Marath
Marcor
Wn Banc
WnUnion
Westyn el
Va McDind
Weyerhs
McGrah
E WhibFry
Mead Corp
Whirl Cp
Mely Sho
White Motor
Whittaker Wos
NEW York (Ap
Waaret
Basseata
Transportation ccc
Ceecus
Senue
World monetary system claims gold gone as US vows readiness to pay
The article reports a Washington AP overview on the end of gold backing for monetary settlements. It notes US pledge to honor dollar payments and the reaction of major governments. Paul Volcker comments on U S willingness to pay out dollars for dollars if required.
MENTIONED IN THIS ARTICLE
Washington
Fcrup
United States
Paul Volcker
Treasur
U.S
Nixon
International Monetary
Europe
Japan Researcher Links PCB to Birth Defects and Stillbirths
A Japanese scientist told a global science gathering in Durham that the industrial chemical PCB used in food processing is suspected of causing still births birth defects and growth retardation. He cited a 1968 Yusho outbreak in Japan tied to PCB-contaminated rice oil and noted related long term health effects.
MENTIONED IN THIS ARTICLE
Durham, N.C
Atsuko Yamaguchi
National Institute of Environmental Health and Science
Wilmington N.C
Yamaguchi
Department of Public Health
Kyushu University
Yamasuchi
Mre
Abert C. Kolbya
The
Food and Drug Administration
Bureau of Foods
United States
Two Die, Woman Wounded In Texas Fishing Vessel Hijack
A 61 foot shrimp trawler Mr. Tucker from Freeport Texas reported two fatalities and a wounded woman during an attempted hijack off the Texas coast. The Coast Guard airlifted the injured to a Corpus Christi hospital as the captain remained in control and two children aboard were recorded.
MENTIONED IN THIS ARTICLE
Corpus Christi, Tex
Coast Guard
Texas
Corpus Christi
Florida
Port Isabel
Tucker
Freeport
Tex
Naval Hospital
Dollar Devaluation and the Peg Under Global Pressure
A historical analysis of the dollar as the global peg facing devaluations since 1944. It details why nations, led by France and Germany, shifted currency values, the impact of inflation and trade barriers, and the United States move to end the peg and seek fairer trade while avoiding a deep recession.
MENTIONED IN THIS ARTICLE
U.S
France
United States
Germany
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Pakistan
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Bhutto
Nuril Amin
West Pakistan
Bangla Desh
Amin
Sheik Mujibur Rahman
Sheik Mujib
Awami League
Awamis
Sheik Muijib
East Pakistan
Agha Mohammed Yahya Khan
Yahya
Gul Hassan Khan
East Paki
NEW York Exchange
A.P. Stock
Assamietes Press
Ind. Nai
Rails Ind. Util. Fon. L.v
Senell
Japan
Wilmington
U.S. Department of Agriculture
High Point Enterprise
Church Avenue