Stock Market Downgrades Amid Tech Shares Slump
The market drifted lower in slow trading led by computer stocks as investors seek concrete signs of monetary easing. Dow Jones stood at 748.22 as Telex Memorex and Computer Science fell on weak earnings and accounting concerns, with several highfliers showing steep declines amid renewed investor skepticism.
MENTIONED IN THIS ARTICLE
New York
Richard Scruggs
Goodbody & Co
Scruggs
Treasury
David M. Kennedy
New York Stock Exchange
Telex
Wall Street
Memorex
Control Data
Over-The-Counter Stock Averages Report
NASD quotations show representative inter-dealer prices for OTC stocks as of about 11 a.m. Markets shift through the day while prices exclude retail markups and commissions. Listed are numerous tickers with varied bid and ask levels across many firms and sectors.
Stock Averages and Bond Averages Report
The Associated Press provides daily stock and bond averages with figures for rail utilities nonferrous sectors and industrials. Net changes, previous day values, week and month comparisons, and 1968 1969 1970 highs and lows are listed for multiple categories and indices.
MENTIONED IN THIS ARTICLE
Associated Press
Ind. Util
L. i
Thor
Dow Jones Averages Report Shows Mixed Trading
Market summary notes modest declines and stable levels in industrials and other sectors with little changes in key indices. Investor activity appears cautious amid broad economic signals and market mood.
New York Stock Index Brief Says Noon Readings Mixed
A concise report notes mixed readings at noon for the New York stock index with utilities and finance sectors showing varied performance. Details are unclear due to garbled OCR text.
MENTIONED IN THIS ARTICLE
NEW York —Stock Index
New York
Seeseeenee Index
Rueseer
Peepee Finance
Regional Forecast Prospects Across Five States
North Carolina sees partly cloudy skies with warmer tonight and Friday. mountains 25-35 and others mostly 30s. South Carolina remains mild and partly cloudy with cool nights, highs in the 50s. Virginia reports not as cold with lows 25-32 and Friday highs in the 40s to 50s. Georgia turns warmer with showers possible in northwest mountains. Friday highs reach 50s north and 60s south, lows 30s to 40s.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Promotion for Charles McBroom Jr. at Prudential High Point
Charles McBroom Jr. has been promoted to staff manager in the High Point Office of Prudential Insurance Company. The announcement is by Charles E. Larimer, Winston-Salem district agency manager. McBroom, a Timberlake native and Helena HS graduate, joined Prudential in 1968 after Navy service. He is active in local clubs and church and is married with two daughters.
MENTIONED IN THIS ARTICLE
Charles McBroom Jr
Runyon Dr
High Point
Prudential Insurance Company
Charles E. Larimer
Winston-Salem
McBroom
Timberlake
N. C
Helena
Croft Accounting
Navy
Prudential
High Point Life Underwriters Assny
Jamestown Civitan Club
Jamestown Baptist Church
Mildred R. Evans
Janet
The
Home
Priscilla McBroom Perry
Burlington
Charlotte Sanitation Men Strike Over Terminations
Sanitation workers in Charlotte walked out to protest the firing of 11 colleagues. City Manager William J. Veeder would not reinstate them, and about 100 of 400 workers reported for duty while trucks remained idle.
MENTIONED IN THIS ARTICLE
Charlotte
City Hall
William J. Veeder
Sanitation Department
Ciy
Veeder
Carswell Opposition Grows Over Senate Confirmation Fight
Civil rights leaders press for more time to build a case against Judge Carswell while proceedings stall as senators debate a Monday vote plan. The delay coincides with a broader fight over direct presidential election reform and a potential April 14 vote on the constitutional amendment.
MENTIONED IN THIS ARTICLE
Tors
William Proxmire
Wisconsin
Walter F. Mondale
Minnesota
Tyding
Senate
Tallahassee, Fla
U.S. Court of Appeals
Carswell
Sen
Birch Bayh
Strom Thurmond
R-S.c
Bayh
Thurmond
Robert C. Byrd
D-W.va
Hugh Scott
U.S. Attacks in Vietnam Highlight Desegregation Debate at Home
U S military officials report more than 50 retaliatory air strikes in North Vietnam since the halt in bombing, with nine American aircraft downed. In Washington, deep South senators push amendments to a 35 billion education bill seeking to curb desegregation and promote freedom of choice nationwide, while Geneva Conventions on prisoner treatment are outlined by Habib.
MENTIONED IN THIS ARTICLE
Bank Ramono
Surlind
Cal Finan
IsLt
Ia Corp
Macke
CastleCke
CaterTr
Cenco Ins
Maratha
Marcor Inc
Cerro
Ohio
Chisier
Merck 2A
Citfin
Widsoutil
ClevEutit
Mobil
Mohasco
Monsan
ComiSelv
Mor-Nor
New York
Comsat
ConNat
Nat Airlin
Aerojet
Air West
Arklgas
Brit Pet
Chile
Nat Steel
Cinerama
Dixiilya Corp
Newmat
Cudahy
It Equity Cp
Curtiss Wrt
Wining MP
NorfolkWst
Fed Resrees
Norrisind ” We
Felmont Oil
Frontier Air
DanRivr Se
Noramp
NoAmRir
Goldfield
Deere Co
NoStaPw
Komet
DeltaAir
Denrgr
Nwst Airl
Iti Corp
Wees
Kaiser
Det Steel
McCrory
OhioEdis
NewPark Mon
Okla GE
Ormand Ind
DowChm
Okla Ngs
RIC Ind Ind
Dressind
Olin Corp
Saxon Indust
DukePw
A — Yarmark Ind If
Scurry Rain
duPont
Otis Elev
Statham Inst
Dug Lt
Mar
Syntex
OwensCg
Technico
Owens
Eltra
Pact&t
Parke Davis
Penn Cent
Eversharp
PennDix
Penney JC
Fairchc
PaPwLt
Fair Hill
PennzUn
Fansteel Inc
Fedders
Pfizerc
Phelps D
Firesine
Phila el
Philip Morr
Flintkote
Fla Pow
Va FoodFair
Psvceg
FreepSul
Pullman
Igac Cp
New York Stock Gaf Corp
Gam Sko
GenDynam
Ralston
GenFds
Ranco Ine
Eeere Gen Mills
Raytheon
ReichCh
Admira
Geneseo
Reviow
Gerber
ReynTeb
AlcanAly
GettyOil
Roan Sel
Alleg Co
Gillette
Romr Cp
Royccola
Royal Dut 2d
AlliedCh
RyderSys É
AlliedStr
Goodyear
GraceCo
Safeway
Alcoa
Hess
Gt A&p
ValsanFeint
Scheniey
AmCyan
T&t
AMK Cp
AMP Inc
Ampex Corp O WY
AnchHock
ArchDan
ErmcoSt
Armour
Armstek
Atlas Corp
Va Avco Cp
Avnet Inc
Fois
Ha— Beckman Beecher
Bell How
Bendix
BenefFin
Beth Sti
BoisCas Boeing Cy
Borden
BorgWar
Va BucyEr
Budd Co
Bulova W
U.S. Command
U.S
North Vietnam
U. S
A Shau
Siagon
Washington
Deep South
Mississippi
John Stennis
South
Stennis
Sam. J. Ervin Jr
Dn.c
Nixon
Soviet Piloted Bombers Use Egyptian Markings Near U S Navy
Washington reports Soviet piloted bombers with Egyptian markings watching the U S 6th Fleet in the Mediterranean. The TU16 Badger and BEG reconnaissance aircraft are based in Egypt, with Moscow guiding deployments. The 6th Fleet, about 40 ships strong with two carriers, faces ongoing Soviet and Egyptian air activity in a tense Middle East theater.
MENTIONED IN THIS ARTICLE
Washington
U.S
Mediterranean Sea
Egypt
Soviet Union
Cairo
Mediterranean
Man and Wife Injured When Shot From Cannon
In Jacksonville Florida a husband Emanuel Zacchini 26 and wife Linda 31 of a Ringling Brothers Barnum and Bailey act were injured after a cannon mishap. Linda suffered a broken neck and emergency surgery left her in critical condition while Emanuel was in serious condition with bruises and cuts. The cannon reportedly malfunctioned as he struck Linda mid air and both were per US circus officials.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Linda Zacchini
Ringling Brothers Barnum and Bailey
St. Luke’s Hospital
Emanuel
Linda
Zacchmini
Zacchini
United States cites new evidence of inhumane POW treatment
At the Vietnam peace talks in Paris the U S ambassador charged North Vietnam with grievous prisoner of war abuses. He urged impartial observers into camps and cited executions of two American prisoners in 1966 as a grave breach of the 1949 Geneva Convention and unacceptable conduct.
MENTIONED IN THIS ARTICLE
Paris
United States
North Vietnam
U. S
Philip C. Habib
Ha van Lau
Habib
South Vietnam
Lovell Plans Final Space Flight After April Moon Mission
Apollo 13 commander James A. Lovell Jr. says he will retire from space after the April mission from Cape Kennedy. Rookie Fred Haise will join him with Thomas Mattingly II aboard as Lovell aims to land in the Fra Mauro region.
MENTIONED IN THIS ARTICLE
Cape Kennedy
Fla
James A. Lovell Jr
Lovell
Fred W. Halse Jr
Navy
Thomas K. Mattingly II
Haise
Lunar
Fra Mauro
Frank Borman
Edwin EB. Aldrin Jr
Borman
William A. Anders
Space
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US Indust
US Steel
Univo Pda
Varian Asso
Yaw Vendo Co
Varipw
WarLam
Wat
Winn Air Line
WaUnion
Wa Banc
Iwesty
White Whirl Cp
Whittaker
WinnDix
Va Faites Xerox
Zale Corp
Gulf Ol
GulfStat
GuifWin
Halliburt
Harris Int
HeclaMng
Hercine
iHoff Electra
Houstlp
INA Cp
IngerRand
IBM
Tek Corp
Ean Glaow Jewel Co
JohnMan
Johnathon
JonLogan
JoneLauv
Jostens
Joy Mfg
Kaiser al
BK. Kan GE
KanPwl
Katy Ind
Kayser Ro
Kenncott
Kerr Mc
Treéais Kimbalk
Koppers
Kraftco
Kresge
Scott Paper
Sbclind
Searsr
San
Hell Tr SherwaWm
SignalCo
Kolisman
StOilind
Sidoiinj
Tampa el
Tektronix Teledyn
Tenneco
Texaco
Texetrn
Texgsui
Texasins
Textran
Thiokol
TimesMir
Trans
Air Transmr
Transitron TriCent
TRW Inc
Pwen Cent Ual Inc
UMC Ind
Union Pacif
ASK Amer. Furn
Amer. M’tgage
C’bean
TT Colon
Eckerd Drug
First Union Bank 310S
Hardee’s
Integon
Life of Carolina
Ncnb Corp
N.C. Nat Gas
Piedmont Aviation
Public Service of N.C
Ruddick Prof
Ruddick Common
Wachovia Bank
Wix
Wellington Hall
American — Exchange
A.P. Stock
By Joe Hall
Bate
U.S. 6Th Fleet
Halse
Anoth