Stock market trends dip as dow slips midday on quiet session
The Dow Jones average falls 4.23 to 751.45 at noon amid light trading and little market-moving news. Big blocks trade including 462,900 Raytheon shares, while United Fruit and AMK announce a merger in principle.
MENTIONED IN THIS ARTICLE
Arthur F. Burns
Federal Reserve Board
New York Stock Exchange
Raytheon
Armco Steel
Whirlpool
White Cross
Becton Dickinson
Associated Press
Middle East
Royal Dutch
Jersey Standard
Gulf
Atlantic
United Fruit
AMK Corp
AMK
Pitney-Bowes
NASD Interdealer Prices Reported Around 11 A M
The NASD quoted representative interdealer prices as of about 11 a m. Markets move during the day and prices exclude retail markup or commissions.
Ex dividend terminology and rights distribution notes
Ex dividend and distribution terms listed include ex dividend, ex rights, without warrants, with warrants, next day delivery, and foreign issue tax. The glossary covers when distributed and other conditions related to bankruptcy or reorganization indicators and securities assumed under bankruptcy acts.
Regional forecast for the Southeast and mid Atlantic
The forecast covers North Carolina South Carolina Virginia Georgia and Tennessee. It notes colder nights with subfreezing readings in western North Carolina and coastal lows around 20s and 30s elsewhere. Day temps range from the 30s to 60s with clearing in Virginia and mixed skies and a few snow showers in eastern Tennessee.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Tennessee
New York Stock Index Sees Mixed Noon Trading
AP reports a disorganized noon reading for the New York stock index with unclear values showing declines and gains across sectors. Transportation and utilities sectors show slight moves while finance and other categories register muted changes.
Rogers Visit to Tunis Canceled After Student Demonstration
American Secretary of State William P. Rogers canceled a planned discussion and tea at Tunis University after anti American student protests in Tunis. Police kept order as hundreds demonstrated outside the American Cultural Center shouting Nixon Assassin and Rogers Go Home while the government faced Arab world pressure.
MENTIONED IN THIS ARTICLE
Tunis
William P. Rogers
Rogers
Habib Bourguiba Jr
Carthage
United States
Nixon
Israel
Senate debate over housing segregation in the North mocks reform
After months lawmakers found a house near an elementary school for their child, but the daughter remains bused across the city. Ervin denounces the bus routing as tyranny harming education and courts. Ribicoff and Mondale criticize the amendment as ineffective against northern segregation.
MENTIONED IN THIS ARTICLE
Ervin
Sen. Stennis
Ribicoff
Walter F. Mondale
D-Minn
North
Swiss Navy fraud case linked to Swiss banks and US accounts
The Navy fraud case centers on Stone Rosenbaum and others profiting from phony Swiss bills and overcharges on defense contracts. Prosecutors forced Swiss banks to reveal records, leading to a 30 count indictment in 1968. some defendants pleaded guilty. Swiss officials offered no comment on investigations.
MENTIONED IN THIS ARTICLE
Navy
Stone and
Rosenbaum l
Switzerland
Asst
U.S. Atty
Seymour Glanzer
U.S. Attorney's Office
Stone
Rosenbaum
Hans Senn
Bank
Fur Handel Und Effekten
Zurich
Walter A. Lips
Union Bank of Switzerland
Aarau
Lips
Union Bank
Sennistiil
Bank Fur Handel
Justice Department
Pentagon Steals $10 Billion of Budget Cut
Sen. William Proxmire accuses the Pentagon of "stealing $10 billion of the peace dividend" from Nixon era defense cuts. He says inflation pay raises and uncontrollable items erode a $25 billion reduction to only $5.3 billion in fiscal 1971, with $10 billion absorbed by the military services.
MENTIONED IN THIS ARTICLE
Pentagon
Proxmire
Washington
William Proxmire
White House
Budget Bureau
Wisconsin Democrat
Pro
Maben High School Destroyed By Fire Before Desegregation
Ma ben High School in Mississippi burned early today hours before reopening under a court ordered desegregation plan. Firefighters from four towns battled the blaze for over two hours as the building, housing 16 classrooms and offices, was destroyed. insurance covered part of the loss, with total estimated at about 500000 dollars.
MENTIONED IN THIS ARTICLE
Maben
Miss
Maben High School
Oktibbeha County
Bill Harpole
FBI
Eldon Hester
W. O. Shivers
John Ware
Ware
Mathiston
Eupora
Starkville
One Arrested In Bank Robbery
Greensboro police and FBI agents identified Luther C Chandler of Greensboro as the suspect in a bank robbery at the Spring Valley Plaza branch of Wachovia Bank & Trust Co. He demanded money with a dirty pillow case saying This is a stickup. He fled after passing the case to three tellers. $7,153 was taken. Chandler had $128 on him when arrested.
MENTIONED IN THIS ARTICLE
carrierCp
LVO Corp
Carteerw
LykeYng
Nve
CastieCke
Macke Co
Caterer
Macy
Cenco Ins
Magovox
Ceent SW
Maratha
Cerro
Marcor Inc
Mar Mid
Martin M
Maydstr
Ches Ohio
Maytag
Chinneyt
McDonnd
Christ
Ve Mead Corp
Chrysler
Merck
MGM
CBS
Monsan
Colu Gas
MontDuUt
NEW York
Mor-Nor
Va. Exchange
Va Motorola
Air West
Ee Am Petr
Contairl
Nat Airlin
AOC
SejArk Best
Arklgas
Alamera Oil
AtlasCorp
Brit Pet
Nat Indust
Cineraman
Nat Steel
CrowCol
Rown Cork
New Pow
Dixilyn Corp
Newberry
Curtiss
Equity Cp
Fed
Felmont
DanRive
Niag MP
Frontier Air 6
Dartind
Norfolkwst
Norrisind
Gen Plywood
Giant Vel
Noamrk
Goldfield
Ve Deere Co
Delta Air
igNor Pac
Hycon Mfga
NoStaPw
Northrop
Mp Oil
Cae
Nwst Airl
T! Corp A
Det Steel
Kaiser In
DiaSham
Norton
McCrory
Dillon Co
OhioEdis
Newidria Mn
Dressind
Aseee Okla GE
E — Se
NewPark Mn
Duke Pw
Saxon Indust
Dyna Am
Otis Elev
Scurry Rain
Statham Inst
East Air Lin
OwensCgg
Syntex
Kodak la
Owensill
la Technico
EatonYa
Associated Press
ElPaso NG
Pact&t
Ethyl Cp
Panasul
Parke Davis
Fai
Fair Hill
Ee Jc
PaPwLt
Pennzon
Firesine
Pfizerc
Phelps D
Flintkote
Phila el
Philip Morr
Phill Pet
Pitney
Polaroid
Pueb Sup
Gam Sko
GAF Corp
Pugs PL
NEW York (Ap
New York Stock
Gannett
Pullman
Exchange
Ve Questor
Gen Mills
Ralston P
ACF Ind
Ranco Inc
Raytheon
Gen Tire Ib
Readi Co
Acinalit
Val Reich Ch
AlcanAly
Reviow
Gillette
Eeeee ReynMet
Alleglud
Glen Alden
ReynTeb
AlliedCh
Allis Chaim
GraceCo
Royal Dut 2d
Alcoa
Granitec Su
RyderSys
AMBAC
Grantw
Am Hess
Gt A&p
Am Airlin
Safeway
Gt West Fini Gt Nor Ry
AmCan
StRegist
Acrysug
Sanders
AmCyan
Greyhound
SaFeind
Va Ameipw
Gulf Oil
SanFeint
Enkela
Scheniey
Ahorme
Gulf Win GulfStaat
Scher
Va Am Hosp
SCM Cp
Nh— Scoa Ind
Ametcix
Halliburt
Scott Paper
Am Motors
A — Harris Int
Sbclind
We Herc Inc
al Searsr
Amer. Furn
T&t
Amer Mgage Ame Cp
SignalCo
Carolina Car’bean
AMP Inc
HollySug
SingerCo
Ampex Corp
Homestie
Colonial Stores
Soucale
Ancorpnsv
South Co
Eckerd Drug
ArchDan
Howmet
Ya Soungas
ArmcoSt
SouPac
First Union Bank Corp
Armour
Southrn Rg
Hardee’s
ArmstCk
idahoPw
Sperry R
Life of
Carolina Atlas Chem
NA Cp
Sid Koltsman
Ncnb Corp
Atlas Corp
Cad IngerRand
Piedmont Aviation
Stdoioh
St Packaging
Public Services NC
Va Int Miner
Ruddick Common
StudeWorth
Kav
Wachovia Bank
Beecher
Sun Oil
BemefFin
Bendix
Itek Corp
Mei Swift Co
Systron
Boeing Co
Jon Logan
Teledyn
Borden
BoisCas
JoneLeu
Eetee Tenmeco
Jostens
Texaco
BorgWar
BucyEr
Budd Co
Kaiser al 1 Vie
Texp Ld
Bulova W
Kan GE
Textron
Bank Ramo
Va KanPwl
Thiokol
TimesMir
Vel Burrghs
Kenncott
Trans W Air
Kerr Mc
Kimbeth
Transitron
Koppers
Ome Kraftco
TRW Inc
Kroger
VAL Inc
Lenpcem
UMC Ind
Val Ind
UN Carbidee
Mio Lehma
Wa Uxc
Elac
Union Pacif
Ling TV
Litfon
UnitAirc
Lockheed Air
Unit Cp
UnivOrd
Lonesga
Upjohn
Usgypsm
US Indust
US _Steel
Greensboro
Spring Valley Plaza
Wachovia Bank & Trust Co
FBI
Luther Colin Chandler
John Turner
Randleman Road
Chandler
Congressman Jonas Seeks Aid Over Charlotte Desegregation Order
Rep. Charles Raper Jonas urged the White House and the Justice Department to help Charlotte Mecklenburg County Schools after a court ordered rapid desegregation. He asked Vice President Agnew for aid and suggested the school board appeal to the 4th U.S. Circuit. He also pushed a freedom of choice policy and opposed busing based on race.
MENTIONED IN THIS ARTICLE
Washington
Charles Raper Jonas
R-N.c
White House
Justice Department
Charlotte-Mecklenburg County
North Carolina
Jonas
Spiro T. Agnew
Nixon
Charlotte
James B. McMillan
4Th U.S. Circuit Court of Appeals
House
Charlotte - Mecklenburg Board of Education
Woman Douses Driver After Splash Incident
Eileen Homes 41 is soaked by a car splash while walking to work in England. Three hours later Francis McKee passes under her window and is met with a bucket of water in a local incident reported by WNS.
MENTIONED IN THIS ARTICLE
Crownthrone
England
Wns
Eileen Homes
Francis McKee
Also Mentioned on This Page
Stock Market Report
Jack Lefler
Vos
Ieae
Varian Asso
Vendo Co
Lava
Vaeipw
WarLam
Wat
Wstn Air Lin
Wn Banc
WnUnion
Westge
Weyerhsr
Izale Corp
Zenithr
Ind. Ratis Util
Ind
Fon. L. Yd
Peee
Eee Pet Deek Rs
Bereeses Aeewnenee
Industrials Vane
Dow-Jones
Tunisia
U.S
Vietnam
Bahi Ladgham
Senate
Mississippi
Aetna
Islands
Hawai
Chicago
George Shion
Steven
RCA
RCA Service Company
Holbrook St
N.C
Winston-Salem
High Point
Cellar Holiday Inn
Pete Panders
Ken Parker
Reynolds Bldg
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