Market slips further as investors weigh monetary restraint
The Dow industrial average fell to 743.60 as trading remained moderate and many active issues declined. Chrysler led losses with a 24 silent drop after reporting a $4.4 million Q4 loss while Control Data and Telex also dropped amid profit worries for 1970.
MENTIONED IN THIS ARTICLE
Dow Jones
New York Stock Exchange
Chrysler
Telex Corp
Itek Corp
Motorola
University Computing
American Airlines
Handleman Co
Associated Press
American Stock Exchange
Deltona Corp
Over-The-Counter Stock Averages Reported By NASD
Quotations from the NASD reflect representative inter dealer prices around 11 0 a m. Interdealer markets fluctuate through the day and prices exclude retail markups markdowns and commissions.
New York Stock Market Noon Update
The noon stock index snapshot shows mixed performance across sectors. Industrial and transportation categories edge lower while finance and other measures show small declines amid quiet trading.
MENTIONED IN THIS ARTICLE
NEW York —Stock Index
New York
North Carolina and South Carolina Cold Wave Forecast
Forecasts warn a cold wave across North Carolina with snow tapering in the mountains and a coastal area remaining milder. Temperatures fall to single digits to mid tens in the mountains and near freezing on the coast, with Wednesday expected to be cold but generally fair. In South Carolina a cold wave warning remains with clearing skies, strong winds, and markedly colder highs and lows through Wednesday.
MENTIONED IN THIS ARTICLE
South Carolina
Bitter Cold and Snow Sweep Across North Carolina
Bitter cold air moves into North Carolina as snow advances across the western half of the state. Asheville reports slippery roads with two inches forecast. travelers warned for the mountains and western Piedmont. The Greensboro to Winston-Salem area expects a mix of rain and snow with little accumulation and the system reaches Raleigh-Durham. Lows near zero to 10 above in the mountains, 25 to 30 along the coast. Wednesday highs reach the 18 to 25 range in the mountains and 30s elsewhere, with coastal areas in the mid 40s.
MENTIONED IN THIS ARTICLE
North Carolina
Associated Press
Asheville
Midway
Piedmont
Greensboro- High Point
Winston-Salem
Raleigh- Durham
Jefferson-Pilot reports 1969 record earnings and sales
Jefferson-Pilot Corp. reports 1969 per share operating earnings up 5.5 percent and total earnings up 5.6 percent. Directors declare a 20 cent quarterly dividend payable March 6 to holders of records February 13. Total 1969 earnings rise to 25.772 million with per share of 2.09. Life insurance sales reach 1.066 billion and in force hits 8.411 billion at year end.
MENTIONED IN THIS ARTICLE
Ameipw
Jewel Co
JohnMan
Ametclx
Jonatha
Am Motors
Jon Logan
JoneLau
fJastens
Joy Mfg
Am Ltd
Se —K— Am T
KayserRo
ArchDan
Kenncott
Atl Richild
Kroger
Atlas Chem
Atlas Corp
Pees Idlee Avco Cp
iLing TV
BeechAr
Litton
Bell How
Lockheed Air
BenefFin
Val Boei Co
1LVO Corp
BoisCas
Lyk Yng
Brist M
Macy RH
BucyEr
Eee
Bylova
Magnvox
Bank Ramon
Maratha
Burlind
Marcor Inc
Mar
Burrghs
Martinm
Cal Finanl
Y/Mead Corp
New York
CastleCke
MS Mobil
Air West
Cenco
Mohasco
Press Am Petr
Monsan
Cerro
Ve Montout
Arklgas
Certteed
Geeee Montaw
Asamera
Cessna
Mor-Nor
AtlasCorp
Mtstatt
Chris
Campo! Chil
Chrysler
Nat Can
Cdo Javetin
Cinerama
Colg Pal
Nat Indust
Fed Resrees Equity Co
CollinRad
Felmont Qi
Coloinist
Nat Steel
Frontier Air
Goldfield
Newmat
ITI Corp
Kaiser
E Nor Pac
Ween McCrory
North 177
Midh Sug
Associated Press
Coopertn
Norton
NortSim
Okla
DanRivr
Olin Corp
Divi- Dart Ind
Otis
OwensCg
Owens
Disney
Q Pacpwl
Dressind
Pact&t
Panasul
DukePw
duPont
ParkeDavis
Dyna Am
Penn Cent
Va PennDix
East Alr Lin
Penney JC Ft
BasKodak Ja
PaPwLt
EatonYa
Pennzun
PepsiCo
Eg&g
Elpasongv
Pfizerc
EltraCp
Phelps D
Philip Morr
Eversharp
Phill Pet
Pitney
Fair Hill
Fansteel Inc
FiaPow Lt
Uestor
FMC Cp
FondFair
Ralston P
Ranca Inc
ForMcKs
Raytheon
A ReichCh
GAC Cp
RepubSii
GAF Corp
Reviow
Gam Sko
ReynMet
Pra Gannett
iReynTeb
GenDynam
Rohr Cp
Cyccola
Gen Mills
Royal
Gen Tire
Safeway
Genesco
StiosLd
Stlsanf
GettyOllwg
Stregisp
Gillette
Sanders
Glen Alden
SaFeind
Global Marine
Schenley
Goodrich
Schering
Goodyear
SCM Cp
GraceCo
Scott Paper
Sbclind
Gt A&p
Sears GD
Gt Nor Ry
Sears R
West Fint
Shell Oil
Greyhound
GrummaCo
SignalCo
Gulf Oil
SingerCo
Wollies Soungas
Halliburt
Sou Pac
We Harris Int
Southrn Ry
Heclaring
Vm Spartans
Herc Inc
Foerry R
HewPack
HryernWal
S? Brand
Hoff Electra
StOlCal
IdahoPw
StudeWorth
Swift Co el
Imp
Systron
INA
Inger Rand
Ediep Iniand Sti
Tampa el
interikSt
Ektronix
Teledyn
Eenee Tenneco
Texaco
Rails
T&t
Texasinst
Tek Corp
Wee
TimesMir
Timk
Serene
Associated Inés Ui Fant
Jefferson-Pilot Corp
W. Roger Soles
Soles
Jefferson-Pilot
Jefferson Standard Life Insurance Co
Pilot Life Insurance Co
TV License Protection Proposed
Rep Earl B Ruth proposes FCC must renew existing licenses before considering new station grants. He says it stops broadcasters from facing constant challenges and harassment if the current licensee fully meets obligations. New applications would be heard only if the present licensee has grossly abused privileges.
MENTIONED IN THIS ARTICLE
Washington
Earl B. Ruth
R-N. C
Federal Communications Commission
Np Nc
Ruth
FCC
Philosopher’s wartime stance and nuclear disarmament effort
The piece notes a philosopher tied to a New York scandal later lecturing while finishing History of Western Philosophy. It covers WWI pacifist commitments, support for WWII against Hitler, and a late life push for nuclear disarmament. He warned of human annihilation if the atomic bomb continued, likening himself to Cassandra.
MENTIONED IN THIS ARTICLE
New York
Hitler
Cassandra
Soviets Planned to Increase Arms to Egypt
President Nixon faced Israeli pressure for more military aid as reports surfaced that the Soviet Union planned to boost arms shipments to Egypt. The administration was said to have received a memo on the proposed Soviet move and weighed its options in the Middle East crisis.
MENTIONED IN THIS ARTICLE
Kenneth J. Freed
Associated Press
Washington
Nixon
Soviet Union
Egypt
U.S
Atd
Libya
Jerusalem
United States
Moscow
Cairo
Anatoly Dobrynin
Willam P. Rogers
White House
Middle East
Soviet arms shift to Egypt seen as response to Israel aid
Diplomatic sources say Egypt may receive new Soviet arms including MIG 23 fighters, as Moscow blames U S actions for Israel’s Middle East aggression and increases aid to Cairo. The move follows U S debates on arming Israel and signals tense regional pressure ahead of possible arms decisions.
MENTIONED IN THIS ARTICLE
Sage
Moscow
Egypt
Israel
United States
Desegregation Faces Slow Start Across Southern States
Amid limited gains the Supreme Court desegregation order shows scant progress. Florida closed five counties' schools as staff shifts aimed at integration took place. Alabama faced bomb threats with two schools closed but no explosives found. Louisiana opened four districts on schedule, Winn Parish white mothers urged parents to keep children out of integrated schools. Mississippi districts Indianola and Tunica became all black as whites moved to private schools. Jefferson County Alabama attempted integration while Mobile Bessemer and Fairfield took no action. Gov Maddox suit seeks federal enforcement or freedom of choice, Georgia and others previously failed to halt desegregation efforts. The case remains before a Washington court.
MENTIONED IN THIS ARTICLE
Associated Press
Supreme Court
Florida
Alabama
Missis
Indianola
Tunica
Jefferson County
Ala
Mobile
Bessemer
Fairfield
Lester Maddox
Georgia
United States
South
Washington
Maddox
State of Georgia
Georgia Board of Education
Claude Kirk
John Bell Williams
Mississippi
Albert Brewer
Senators Seek Larger Federal Mass Transit Subsidy
Washington AP senators from urban states urged raising federal mass transit aid from 3.1 billion to 10 billion in an amendment to a pending bill led by California Democrat Alan Cranston. The move faces House resistance and possible Nixon veto while a compromise kept totals low. Proxmire won 49 to 26 to trim large-state shares to about 14 percent, down from 27 to 42 percent.
MENTIONED IN THIS ARTICLE
Washington
California
Alan Cranston
New York
Illinois
Senate
House
Nixon
Congress
William Proxmire
D.wis
Also Mentioned on This Page
Stock Market Report
Don Battle Appaliates
Federal Reserve Board
Monte Gordon
Bachd & Co
Gordon
Dow-Jones
Neasrecesseve Mbb
Venadi
Wenvery
Trans W Air
Transitron
TRW Inc
Tvwen Cent
Ie Val Inc
UN Carbide
Elec
Angilcal
UN Pac Cp
Union Pacif
US Steel
Univo Pd
Upjohn
van Varian Asso Vabiow
Litem
Wat
Wstn Air Lin
Wa Banc
WauUnion
Westge
Weyerhsra
Whittaker
Wa WinnDix
Woolwith
NEW York — Exchange
AlliedCh
AlliedStr
Allis Chaim
Alcoa
E Ambac
Am Hess
American — Exchange
Insurance Report
Carswell
Clarence Mitchell
The
NAACP
Leadership Conference
Rauh
Mitchell
Edward M. Kennedy
Massachusetts
James O. Eastland
D-Miss
Dent
Clement F. Haynsworth Jr
LeRoy D. Clark
New York University Law School
Clark
Naacp Legal Defense Fund
Tallahassee
Fla
U.S. District Court
U.S. Court of Appeals
Kennedy
Joseph D. Tydings
Dmd
Federal District Court
Louisiana
Winn Parish
Winnfield
Senate Banking Committee
Archdale Discount Center
S. Main
Civic Southern Factors Corporation
North
Hamilton Street
High Point
N. Main St
Uffman
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