Market advances on strong shows in airlines and oils
The Dow rose 6.09 to 881.71 at noon with decliners and advancers nearly 7 to 4 on the NYSE. Analysts cite bargain hunting and base-building for a spring rally while Commerce reports a strong current quarter. several airline and oil stocks posted gains including Eastern Air Lines American Pan American United and Texaco.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Commerce Department
Eastern Air Lines
American Airlines
Pan American
United Air Lines
New Jersey Standard
California Standard
Indiana Standard
Texaco
Over-The-Counter Bid-Asked Quotations Update
NASD posted inter-dealer prices as of about 11 am. Markets evolve through the day and prices exclude retail markups markdowns and commissions.
Casualties Mount as Laos Op Tilt Continues Across Border
U S and South Vietnamese forces suffer ongoing losses as fighting persists along the Laos border. About 9 000 enemy troops block northern Vietnam provinces while 500 U S helicopters provide most air support. The death toll for the week ending Feb 13 shows 51 Americans killed in combat and 217 wounded, with 24 killed the prior week. South Vietnamese bases report light casualties despite shelling of several bases.
MENTIONED IN THIS ARTICLE
South Vietnam
U.S
Laos
Calley Cleared of Mental Disorder by Army Psychiatrist
Army psychiatrist Maj. Henry E Edwards testified at Ft. Benning that he found no evidence of any mental disorder in Lt. William Calley Jr regarding the My Lai massacre. Edwards, a member of the Walter Reed sanity board, stated the incident was bizarre but not mentally disordered.
MENTIONED IN THIS ARTICLE
FT. Benning, Ga
William Calley Jr
Calley
Lai
Henry E Edwards
Edwards
Walter Reed Hospital
Franklin G. Jones
My Lai
Walter Reed Medical Center
Washington
Ernest Medina
Medina
Capt
Charlie Company
Nixon charts path to reduce world tensions and avoid isolation
President Nixon urges careful balance in foreign policy as he briefs Congress and the nation. He warns that rising Soviet power and China’s rise require restraint and constructive engagement while avoiding new isolationism. He calls for continued ABM defense and Europe-NATO unity amid East West talks.
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Congress
Moscow
United States
China
Nixon
Eastern Europe
U.S
Romania
Yugoslavia
Russia
Soviet Union
Mideast
Middle East
Caribbean
Egypt
Suez Canal
Ussr
Vienna
Europe
NATO
Germany
Japan
Indochina
South Vietnam
Laos
Cambodia
Hanoi
Dow Jones Averages Show Mixed Industrial and Utilities Moves
The latest Dow Jones figures indicate mixed results with sectors such as Industrials and Public Utilities showing modest gains and declines in various indexes. Transportation and related industries appear uneven as market quotes fluctuate.
Collision AR Plan Proposed in North Carolina House
Rep. Donald Kincaid introduces a bill to create an assigned risk plan for collision and comprehensive auto insurance, expanding to physical damage coverage with surcharges for drivers with two or more points. Also, Rep. Robert Jones seeks a misdemeanor for flag desecration with fines up to 50 dollars and up to 30 days in jail.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Donald Kincaid
R-Caldwell
Kincaid
Robert Jones
D - Rutherford
United States
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