Stock Market Advances After Nixon Remarks
The Dow Jones average rose to 834.61 with a 4.04 gain as Nixon said he would not seek new taxes or wage and price controls. The AP 60-stock index gained 0.9 to 289.0, and the NYSE saw more advances than declines. Big blocks traded included Whirlpool and Texas Eastern Transmission, while Tenneco led the active list with a 7 1 2 point rise.
MENTIONED IN THIS ARTICLE
New York
Nixon
Associated Press
Wall Street
New York Stock Exchange
Whirlpool
Texas Eastern Transmission
Tenneco
American Stock Exchange
Amco Industries
Colonial Land
Cavitron
Superscope
Bist
Alamera Oil
Over-The-Counter Bid Quotes Reflect Inter-Dealer Prices
NASD quotations show representative inter-dealer prices around 11 a m. Markets change through the day and retail markups, markdowns, or commissions are not included.
Nixon Maps New Cabinet Picks And Welfare Push
President Nixon predicts John Connally as Treasury secretary to aid domestic legislation. He argues welfare reform must pass soon and warns revenue sharing is crucial to avoid municipal bankruptcies while pressuring housing integration laws.
MENTIONED IN THIS ARTICLE
Congress
Treasury
Texas
John Connally
Connally
Nixon
Hickory English Teacher Named Among Nation's Top Five
Mrs Genella Barton Allison of Claremont High School Hickory chosen Monday as one of five outstanding teachers nationwide and a candidate for National Teacher of the Year She began teaching journalism and 11th grade English nearly 34 years ago and credits her late husband with support The award by Council of Chief State School Officers and Look Magazine will name the national winner in spring and present it by President Nixon
MENTIONED IN THIS ARTICLE
Hickory
N. C
Genella Barton Allison
Allison
Claremont High School
Hickory Daily Record
University of Tennessee
Wall Street Journal
Council of Chief State School Officers
Look Magazine
Nixon
Governor outlines powers for proposed state higher education board
Gov. Bob Scott described for the first time the scope of a planned statewide board to oversee state supported higher education. He urged a unified budget for 15 schools and executive leadership with broad authority over universities programs activities and finances. The plan drew support from Western Carolina and Appalachian State, while East Carolina urged study and kept its own trustees. Scott said a committee would draft a position statement to guide future legislative action.
MENTIONED IN THIS ARTICLE
Raleigh
Bob Scott
State Board of Higher Education
Scott
Western Carolina University
Appalachian State University
Leo Jenkins
East Carolina University
Appalachian
Western Carolina Universities
Acton
Thirty Mushers Enter Race
Ely, Minn AP The All-American Sled Dog Races return with over 30 mushers for a 17 mile course through wilderness woodlands and lakes. Prize money totals 4500 dollars and a TV crew films from a racing sled camera.
MENTIONED IN THIS ARTICLE
Ely
Minn
Two Crew Missing After Southern Laos Plane Mishap
AP reports a U S Air Force F4 Phantom with two crew missing after going down Sunday night while bombing enemy supply routes in southern Laos. In South Vietnam a convoy on Highway 20 was ambushed with one dead and one wounded. In eastern Cambodia clashes killed 37 North Vietnamese and Viet Cong with two South Vietnamese dead and 17 wounded. Northwestern Cambodia saw Daun Keo attacked but no new light assault details.
MENTIONED IN THIS ARTICLE
Saigon
Cambodia
U.S
Laos
Air Force
South Vietnam
Highway 7
Phnom Penh
Bassac
Mekong
Sumter Bank Cuts Prime Rate to 6 Percent
A smaller Sumter South Carolina bank cut its prime rate to 6 percent on Monday. North Carolina National Bank briefly announced a similar cut but retracted it as erroneous. The move follows a Philadelphia First Pennsylvania Bank lead and comes amid broader expectations of rate reductions.
MENTIONED IN THIS ARTICLE
Associated Press
Sumter
S.C
North Carolina
North Carolina National Bank
New York
Chicago
First Pennsylvania Bank &Trust Co
Philadelphia
National Bank of South Carolina
Harry Wilkinson
Sumter Bank
First
Pennsylvania
Phrase on popularity and offering help over advice
A compact behavioral note counsels that gaining popularity comes from giving practical help to others rather than dispensing advice. It emphasizes actions over words and the value of support in social standing.
Pittsburgh labor troubles force school and newspaper shutdowns
In Pittsburgh New Year labor strife closes city schools with 73000 students locked out as 1000 teachers boycott over contract terms. Talks on the school contract sit at an impasse while maintenance workers seek a new deal. The Pittsburgh Press strike halts 600000 subscribers from reading the newspaper, affecting the Post Gazette plant as 230 pressmen walk out. City services suffer with 1000 sick calls and fuel shortages at police garages.
MENTIONED IN THIS ARTICLE
Pittsburgh
Pittsburgh Federation of Teachers
Louis Kishkonas
Pittsburgh Press
Pittsburgh Post-Gazette
Local 9
Post-Gazette
Wallace remarries niece of former Alabama governor
Gov elect George C. Wallace wed Cornelia Ellis Snively a 32 year old brunette divorcee in a quiet ceremony at Trinity Presbyterian Church Montgomery The couple honeymooning at the Grand Hotel Point Clear before a post wedding dinner with Mrs Ruby Austin Wallace and her six children from prior marriages Wallace’s late wife Lurleen had previously served as governor.
MENTIONED IN THIS ARTICLE
Cornelia Ellis Snively
Trinity Presbyterian Church
Grand Hotel
Point Clear
Wallaces
Ruby Austin
Wallace
Lurleen Wallace
Cornelia Ellis
James E
Big Jim” Folsom
Huntingdon College
Winter Park
John Snively III
Also Mentioned on This Page
Stock Market Report
Montout
Coloinist
Montow
Colu Gas
MorNor
gcomiSolv
Motorola
Exchange
Aerojet
AO Industriary
Osee
Contl Corp
Atlas
Barnes ‘Eng
Corgiw
Cowles
Cdn Javelin Cinerama Va
Cox
Nat Tea
Dillard
CrowColl
Norris
Frontier Air
Dan River
Gt Basin Pet
Northrop
Husky Ol
Deere Co
Delta Air
Norton
Kaiser
NortSim
Lee
McCrory
A Dillon Co
Disney
Newldria Mn
Wa Diversind
OhioEdis
NewPark Mn
DomeMns
Okla GE
Ormand Ind
DowChm
Otis Elev
Technicolor
Wn Nuclear
Dynam Am
Owen Cna
Owen Hil
East Air Lin
Pac GE
EatonYa
Echlin Mf
Eg&g
Eipasong
PanAm WaAir
Essexiat
Penn Cent
Ethyl Cp
Penn Dixie
Lus Evans P
Penney JC
PennzUn
Pepsico
Fair Hill
Pfizer Wa
Um Ve
Phelps
Inc
FedDeptSir
PhilMorr
Phill Pet
P— Firesine
Ss Pitneyb
Cart
FMC
Food Fair
ForMcKs
FreeptSul
Pueblo In
Pugs PL
Fruens
Pullman
Gac Cp
GAF Corp
Questor
Gam Sko
Gannett
Ralston P
Ranco Inc
NEW York (Ap
RCA
Lp Co
Reich Ch
MegaPacif
Beens
Reyniet
Admiral
Gillette
Glen
Air Red
Rey Dutch
Global Marin
Ryder
Goodyr
Grace
Allied Ch
A&p
Allied
Allis
SanFet
AMBAC
Gra Giant
Owan Schentey
Hess
Greyhound
SCM Corp
Gulf Oil
Scott Paper
Gulf
Ameipn
Halliburt
Shell
Harris
Mme HeelaMn
Signal Co
Eckerd
SouCal
Am Ltd
Ft. UN. Bk. Corps At&t
Honywil
Soungas
AMF Inc
SouthrnRy Ja
AMP Inc
Howmet
Spartans Ind
Ms Oy
Life of Caro
Ampex Corp
Sorry
Ni Cent
Avia
Arch Dan
St Brands
Std Kolisman
Armcos
ImpriCp Am
Pub. Ser. of
N.C
Armst Ck
Ina Cp
StOlCal
Inger Rand
Stollind
Ruddick
IBM
We ' Stauf Ch
Atlas Chem
Atlas Corp Ria
Avco Corp
Mineral
Wix
Avnet Inc
StudWor
SunOll
T&t
Aan Hall
Lowa Beef
Swift Co
HM ™ Babckw
Kek Corpio
Tampa
Beckman
Jewel Co
Tektronix
Eech Air
Teledyne
Bell How
John John
Telex Co
Bendix
Jon Logn
BenefiCo
Jones Lau
Texaco
Va Jostens
Texetrn
Beth Su
Texg Su
Joy Mig
Texasins
Textron
panel \ Co
Kaisr Alum
Thiokol
Borden
TimesMir
BorgWar
Timken
Kenncott
Brunswk
Transmra
Bucy Er
KimbCik
Transit
Ve Kroger
Twent Centadies BuriNor
VAL Inc
LearSleg
Lenpcem
Unoiical
Camp $P
UN Pac Cp
Caro
Union Pacif
Adena
Carrier Cp
Uniroyal
CartWal
O's
Unit Air 1
CastieCk
Litton
CaterTr
Lockheed Air
Cessna Air
Uptown
Chris Craft
Ok Chrysir
Macke Co
Macy RH
Varian Assoc
CitiesUve
I Vendo Co
Clark Eq
Magnvox
Sevaeipw
DievElist
Marath
We Coca Col
Marcor
Wachova
WarLam
Collins
Colg Pal
Martinm
Air Lin
Whirl Cp
Memorex
White Motor
Merck
Whittaker
MGM
Woolwich
Xerox
MobilOil
Monsant
Mie
NEW York —Exchange
NEW York Stock Index
Rails Util
Util Fon
Dow-Jones
A.P. Stock
Industrial Arabe
Transportation
Mrs. Genella Allison
Education Powers
George Esper
Daun Keo
Svay
Amir Taxa
Jasnes PJ
Greensboro
George Wallace
Montgomery, Ala
George C. Wallace
High Point Bank and Trust Company
High Point
Guilford County
Carey Avenue
Westchester Drive
Westchester
Commissioner of Banks
State Banking Commission
Motor Vehicles Building
Raleigh, N.C
Frank L. Harrelson
Eoen Tere
America
N. Main ST
Bk<co
E. Green
Thomasville
E. Main ST
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