Bank prime rate cut boosts market to new highs
New York banks lowered the prime rate with First National City Bank leading to a market rally. The Dow Jones average rose 3.49 to 846.80, surpassing the prior recovery high while NYSE leads edged ahead three to one. Oil and chemical shares faded, while oils and electronics mixed.
MENTIONED IN THIS ARTICLE
NEW York
New York City
New York Stock Exchange
First National City Bank
American Stock Exchange
Salem
Kaiser Industries
Inexco Oil
Alamera Oil
Loew’s Theatres
Army court considers Hutto case legality of orders at My Lai trial
SGT Hutto and Capt Medina figure in My Lai legal fight as Magill argues the Army system is on trial. The defense says Hutto followed orders believing they were legal. witnesses cite Medina ordering killings while Col Howard notes likely illegal orders. The jury must decide if Hutto knew the orders were illegal.
MENTIONED IN THIS ARTICLE
My Lai
Ernest Medina
Charley Company
Medina
Kenneth Howard
Atlanta
Hutto
Magill
Army rookie commander presses aggression before My Lai attack
At Fort Benning the new 11th Infantry Brigade chief urged company commanders to wipe out the Viet Cong, a claim cited in Lt. Calley's court martial. The next day Medina's Charley Company swept My Lai expecting combat but allegedly killed civilians. The testimony aims to assign responsibility higher up, noting a briefing by Col. Henderson and a 1968 order limiting use of search and destroy terms due to civilian harm.
MENTIONED IN THIS ARTICLE
Harry F. Rosenthal
Associated Press
FT. Benning
11Th Infantry Brigade
My Lai
Dennis R. Vasquez
Ernest Medina
William L. Calley Jr
Calley
Vasquez
11Th Infantry
Oran Henderson
Germany
Johnson Treated For Pneumonia In San Antonio
Former President Lyndon B. Johnson, age 62, is under treatment for probable viral pneumonia after being flown to Brooke Army General Hospital Wednesday night. An aide said he is hoarse and miserable but not seriously ill, and his physician does not expect a prolonged hospitalization. There is no indication of any cardiac problem.
MENTIONED IN THIS ARTICLE
San Antonio
Tex
Lyndon B. Johnson
Johnson
Brooke Army General Hospital
Col
Robert North
Lennon and Yoko Check In Secluded in Tokyo Hotel
John Lennon and Yoko Ono arrived in Tokyo and stayed in a $150-a-day suite at a downtown hotel. Hotel officials confirmed their visit but provided no additional details, saying the couple checked in under an assumed name and wished to remain private.
MENTIONED IN THIS ARTICLE
Tokyo
John Lennon
Yoko
Segregation Fight Shifts Focus to Northern Schools
HEW Secretary Elliott Richardson says victory against Southern school segregation prompts a move to Northern districts where the problem is less advanced. New HEW stats show black students in majority white Southern schools rose from 18.4 to 38.1 percent between 1968 and 1970 while Northern and Western states showed no change. Nationwide desegregation rose from 23.4 percent in 1966 to 32.8 percent in 1970. government warns districts against discrimination toward minority teachers.
MENTIONED IN THIS ARTICLE
Washington
Elliot L. Richardson
Richardson
HEW
Warren School Closed in Warrenton Amid Disorder
Warren County Board of Education ordered John Graham High School closed at least until Monday after faculty request citing unbearable strain. Since reopening after seven day closure in November there have been 24 small fires on campus and grounds, with disruptions endangering students and staff. The school serves about 650 pupils, roughly 150 white.
MENTIONED IN THIS ARTICLE
Warrenton
N. C
John Graham
Warren County Board of Education
Fred Bartholomew
Dole Heads Three Way GOP Leadership With Nixon Backing
Senator Robert J. Dole is named chairman of the Republican National Committee with Thomas Evans and Mrs. Tobin Armstrong as co chairmen. Evans will run organization and administration full time while Armstrong handles special projects. Nixon endorses the arrangement to free Dole for Senate duties and party advocacy.
MENTIONED IN THIS ARTICLE
Washington
Robert J. Dole
GOP
Dole
Nixon
Kansas
Rep
Rogers C.B. Morton
Maryland
Congress
Interior
Thomas B. Evans Jr
Wilmington
Del
Tobin Armstrong
Texas
Evans
Care
Morton
White House
Republican National Finance Committee
Bob Dole
Senate
Doole
Hugh Scott
City Mobilizes Police Amid Major Strike Action
Mayor Lindsay announces drastic measures to safeguard public safety as New York City police officers begin extended 12 hour shifts. Chief Inspector Codd suspends vacations, reassigns units to patrol, and cancels administrative work after a court orders a lower court review of the Patrolmen's Benevolent Association pay claim.
MENTIONED IN THIS ARTICLE
John V. Lindsay
Michael J.codd
PBA
Tip to motorists about safe driving in traffic
motorists are urged to avoid gambling with traffic as their life and others are at stake in a public safety notice stressing careful driving and awareness on the road.
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Stock Market Report
Linda Rubey
Colu Gas
MorNor
Motorola
Natcashr
Cont Corp
CrowseHind
CrowCon Ee
Va Cork
Erwnzell
Newmat
joStaPw
Sai
Deere Co
del Monte
Northrop
Delta Air
Detidis
Norton
Dillon Co
NortSim
Disney
Okla GE
Olin Corp
VASA
East Air Lin
EasXodak la
Pac GE
EatonYa
Pacity
Echlin Mf
Eg&g
PacPwl
Eipasong Ie
Panam WaAir
Pennxie
EvansPrd
Penney JC
Pawh
Fairch Cam
PennzUn
Fair Hill
PepsiCo
Fanstee! Inc
Pfizer
FedDeptStr
Ve ForMcKs
Publkind
Pullman
GAF Corp
Te Questor
Gam Sko
Raytheon
RCA
sPubUt
Roy Ccola
Valen Alden
Roy Dutch
Global Marin
Allis Ch
Alcoa
StRegis P
AMBAC
Nee Gt West Fin
Am Hess
Am Airlin
Srwaunit
A Brnds
Scheniey
Reyhound
Schering
Accry
Scott Paper
Ameipw
Gifstuth
Maillions Sears
Halliburt
Am Motors
Harris Int
Hercule
SingerCo
Smith KF
SDA
Am Ltd
Hoernwal
Val Sony Co
At&t
Scar
M&m Am T&t
Henerian
Honywil
Anacon
Vo SouthrnRy Ja
Nn MM
Houslp
Ancorp Soc
Howme
Sorryr
Arch Dan
Armcos
idahoPw
Squibb
Atlas Chemas
Ina Co
VW Stoij
Atlas Corp
Vnger Rand
Avco Corp
Avnet Inc
IBM
Stevens
Babckw
Swift
T&t
Beckman
Beech Air
Bell How
Itek Corp
Tampa el
Bendix
Tektronix
BenefiCo
Jewel Co
Teledyne
JonnMan
Aelex Co
John John
Tenneco
Texaco
Boeing Co We
Jon Logn
Timken
Todd Sir
Bulovaw
Kenncott
VSM Vis
Bunkr Ramo
Transmra
Burl
TRW Neta
Kresgess
Va Kroger
Ever Nee Cal Finan
Camprlk
UAL Inc
LearSieg
UMC Ind
CarrierCp
CastleCk
UN Pac Cp
Union Pacif
Air
Littonind
Va Cerro
Lockheed Air
Cessna Air
Ohio
Ve ChiMil Spp
Lukens Sti
US Steel
Chipneyt
LVO Corp
Univo Pa
Chris Craft
Lykes Yngst
Univer
Chrysir Citfin
Upjohn
MackeCo
Clark
Macy RH
Vendo Co
Varian Assoc
ClevEllis
Coca
Marath
Iiaussie
Marcor
Wachova
Mead Corp
Weyerns
Mely Sho
Whirl Cp
Memorex
White Motor
Merck
Whittaker Eval
Win
Gels Corp
Metadies
Aerojet
AO Indust
Ark Best
Ate Vale
Arklgas
Asamera
Atlas Cp
Ie Ertron
Clinerama A
Data Control
Dillard
Ave
Dixilyn Corp
Felmont
Frontier Air Wi
Husky Oil
ITI Corp Improil
RAY Kaiser
Jat
Lee Ent
Élele Sa Ste mcCrory
Midh
MidwiFin
Newldria Mn
NewPark
Orman
Panies
NEW York Stock Index
Associated Press Ib
Ind. Rails Util
Dow-Jones
A.P
Beko Eeeeseaneerers
Sgt. Hutto
Dottie
James Errol
Flynn
Rochester
Minn
Reid Kennedy
Nels A. Parson Jr
Americal
John
Warren
High Point Enterprise
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