Stock Market Slips Broadly As Glamors Drag Down scores
At noon the Dow fell 4.81 to 777.79 as the glamor stock group led declines after a reported weaker IBM fourth quarter. Telex rose 3 percent, Polaroid dropped 6 percent, Control Data fell 3 percent, Honeywell down 3 percent, and Xerox slid 2 percent. Airlines rose while broader markets showed weakness across motors, retail, electronics, utilities, rails, oils, and building materials. The AP 60-stock average fell 1.2 to 268.8 with 18 of 20 most active issues down.
MENTIONED IN THIS ARTICLE
New York
IBM
Telex
Polaroid
Control Data
Honeywell
University Computing
SCM Corp
Xerox
New York Stock Exchange
New York Stock Exchange Prices Move Across Wide Range
Mixed afternoon quotes show numerous gains and losses across sectors with Amoco Col, Colgate, Dow, Gen Electric, Exxon and Kodak among active listings. Traders watched fluctuations in energy, publishing, and manufacturing shares as volume remained high on the NYSE trading floor.
Stock Averages and Bond Averages Reported
The Associated Press releases daily stock and bond averages with noon and previous day figures. Rail, utilities, industrials, and transportation indices show gains and losses, including noted highs and lows for 1969-70 periods.
MENTIONED IN THIS ARTICLE
Ind. Rails Util
Ind. Util
Indust
Nc Aee
Ce Ces
New York Stock Exchange Index Briefed
Noon NYSE update shows mixed readings on industrial and transportation sectors. Investors monitor finance and utility shares amid unnamed market drivers and policy signals.
MENTIONED IN THIS ARTICLE
NEW York
Eevadhases Index Industrial Transportation Utility of Finance
Zoo Authority Plans Statewide Meetings
The North Carolina Zoological Authority outlined a plan for a statewide tour to raise about 1 million dollars by mid-summer for a proposed state zoo. The first session is set for March 21 in Southern Pines, with Archie A. McMillan elected chairman and officers named from Raleigh Clemmons Charlotte Winston-Salem.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina Zoological Authority
Southern Pines
Authority
Norwood W. Pope
Raleigh
Pope
Archie A. McMillan
Jim ‘Church
Clemmons
Joe Millsaps
Joe Humphreys
Winston-Salem
North Carolina and South Carolina Five Day Forecast Summary
Forecast covers North and South Carolina with cold, cloudy conditions and mixed precipitation. Mountains face risk of snow flurries and sleet, central areas mix rain and freezing sleet, coast mainly rain. Lows near 20s to 30s, highs mostly 40s, with below normal temperatures and half inch or more precip toward weekend.
MENTIONED IN THIS ARTICLE
North Carolina
Piedmont
South Carolina
Midlands
Twenty Crewmen Rescued From Burning Freighter Thordis Prest
Coast Guard and Navy rescue 20 crewmen from lifeboats near the Norwegian freighter Thordis Prest after a midship blaze and explosions in the engine room 85 miles southeast of Wilmington. Nine others remained aboard. two dead reported. Initial distress sighted by tug Peggy Sheridan at 10:10 p.m. Sunday.
MENTIONED IN THIS ARTICLE
Portsmouth
Wilmington
N.C
Taussig
Dealey
Coast Guard
Chilula
Peggy Sheridan
Five Felons Escape Shelby Prison Through Window Bars
Five felons escaped Sunday from the state prison unit in Shelby using a hacksaw to cut bars and fled on foot. Authorities, including local and state corrections officers, pursued with bloodhounds but lost the trail, believing the men may have boarded a car to continue their flight. Named escapees include Donald Deaton serving life for rape, Ace Ben Turner with break in larceny, Jerry L. Phillips larceny and breaking, Dwight H. Creswell armed robbery, and Adrian Smith armed robbery and forgery.
MENTIONED IN THIS ARTICLE
Shelby
N.C
Cleveland County
Corrections
George Randall
Randall
Donald Deaton
Ace Ben Turner
Charlotte
Jerry L. Phillips
Dwight H. Creswell
Adrian Smith
Inflation and retail outlook for furniture leaders
The Southern Buying Syndicate notes slow business in late 1969 with inflation impacting gains. Strong retailers with smart merchandising and cost control will thrive. some manufacturers cut prices to keep plants running and workers employed. Virginia Carolina Home Furnishings reps honor top stores and salesmen at a dinner. W A Anderson becomes District 4 governor and W Robert Branam is named association president.
MENTIONED IN THIS ARTICLE
Southern Buying Syndicate
Tobin
Governor Won't Oppose Lower Voting Age to 18
North Carolina Governor Bob Scott expressed no opposition to lowering the voting age to 18 though he questioned its impact and favored a possible age of 20. He said any change would require a referendum if passed by the General Assembly. He also touched on wage, political, and milk policy topics.
MENTIONED IN THIS ARTICLE
Richard Daw
Associated Press
Raleigh
Bob Scott
General Assembly
Scott
North Carolina Democratic Party
Manson Shaves Shaggy Beard Ahead of Court Plea
Charles Manson, awaiting trial on charges including the Tate and four others killings, shaved his shaggy beard over the weekend while under jail supervision. Deputies said he has always been clean shaven before arrest, though his hair remains shoulder length. His next court date is January 28 to enter a plea.
MENTIONED IN THIS ARTICLE
Los Angeles
Charles Manson
Sharon Tate
Manson
Independence
Prisoner Messages Promised From Moscow Radio Broadcast
Moscow Radio announced a 30 minute program at 7 p.m. EST with recorded messages from 11 American POWs including Lt. Michael Carr Capt Norman McDaniel James Collins and others. The broadcast will be on 25 31 and 41 meter short wave bands and repeated at 9 30 p.m. EST.
MENTIONED IN THIS ARTICLE
Moscow
Moscow Radio
iHanoi
United States
Michael Carr
Port Angeles
Wash
Norman McDaniel
Greece
James Collins
Atherton
Calif
Paul Brown
Trenton
N.J
Roger Ingralson
Sanford
Maine
Joseph Scott Mabley
Manhattan Beach
Giles Northington
Albany, Ga
Malcolm Harvey
Greenville,Main
Gordon Larson
San Antonio
Tex
Harold Johnson
Shawnee Mission
Kan
Joe Rooner
Roy
Utah
Hanoi Radio
Nixon to name Carswell to Supreme Court
Washington Star reports President Nixon chose Judge G Harrold Carswell of Tallahassee to join the Supreme Court. Carswell previously served on the Fifth Circuit and as a Florida district judge since 1958.
MENTIONED IN THIS ARTICLE
Washington (Ap
The
Washington Star
Nixon
G. Harrold Carswell
Tallahassee
Fla
Supreme Court
Carswell
U.S. Circuit Court of Appeals
Alabama
Florida
Georgia
Louisiana
Mississippi
Texas
Dwight D. Eissenhower
U.S
William J. Miller
Tennessee
Louis H. Burke
California
Large Still Found In Barn In Yadkin County
Three men from Hamptonville were arrested in southern Yadkin County for operating a large illegal liquor still in a barn. The operation could produce about 1,100 gallons of whiskey weekly, costing the government around 12,000 dollars in tax losses per week. William Ireland 29 Jack Ireland 30 and Clyde Swaim 24 were released on 300 dollar bonds after a hearing. Agents destroyed 7,200 gallons of mash and 130 gallons of non tax paid whiskey.
MENTIONED IN THIS ARTICLE
Yadkinville, N. C
Yad‘kin County
William Ireland
Jack Ireland
Clyde Swaim
Hamptonville
Winston - Salem
U. S
Robert Sapp
Winston-Salem
Israelis Strike Into Egypt Again
Israeli jets attacked Egyptian army routposts and artillery in the central Suez sector for the fourth time in two weeks. The 40 minute raid allegedly targeted a large Egyptian military base at Huckstep near Cairo and an equipment storage area near Helwan. all planes returned safely.
MENTIONED IN THIS ARTICLE
Marcus Eliason
Associated Press
Tel Aviv
Suez Canal
Israel
Land of Egypt
Huckstep
Cairo
Helwan
Four Day NC Soil and Water Conservation Meet Opens
The four day annual meeting of the North Carolina Association of Soil and Water Conservation Districts began in Raleigh. Dr. Cecil Wadleigh of USDA and Gov. Bob Scott are among speakers with sessions by federal and state agency leaders shaping conservation programs.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina Association of Soil and Water Conservation Districts
Cecil Wadleigh
U.S. Department of Agriculture
Soil Land Water Conservation Research Division
Bob Scott
Prevent Loose Dentures with FASTEETH Adhesive Powder
Worry less about dentures slipping with FASTEETH Adhesive Powder. It holds dentures firmer and longer for easier eating. Alkaline formula won’t sour under dentures, no gummy taste. See your dentist regularly and pick PASTEETH at drug counters.
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Stock Market Report
American — Exchange
Whayne Eisenman
NEW York (Ap
Occidnt Pet
Ohio
Soc
CollinRad
Colg Pal
Colomntst
CBS
Colu Gas
Comsat
ContAirl
ContCan
Om Cp
Contre
Coopera
Cowles
Cox Edest
CPC
CrouseHind
Crowco
Crown Cork
VW CronZell
Cudahy
Ve del Mate
DeltaAir
Denrgr
DetEdis
DillonCo
Disney
DomeMin
Dressind
DukePw
duPont
Duq Lt
Dyna Am
Maronda Owensill
Pacge
East Air Lin
EasKodak la
Icac
EatonYa
Imicacpwlh
Emer Elec
jEnd Jonnsa
Cel Essex
FoodFair
Va ForMcKs
Pupikind
FreepSul
Pueb Sup
FruenCp
Igac Cp
GAF Corp
elQuestor
Bene Ae
Annett
enDynam
Ralstonp
Rancovic
Raytheon
RCA I . En Et
ReichCh
Gen Tire
Genesco
ReynMet
ReynTeb
Gerber
Roy Ccola
Vallen Alden
W& Royal Dut
RyderSys
Global Marin
Ators Ae Oe Secheoe
Sateway
GraceCo
Stregisp
H Gt A&p
West Nor Ry
Gt West Fink
Ilianceint
Giwnunit
Cheniey
GreenGnt
Pact&t
Panasul
PanAm Wair
Panh EP
Parke Davis
Penn Cent
Pennryix A
Penney JC
lPaPwh
PennzUn
Bepsico
Perfect Film
Pfizerc
Phelps D
Phila el
Philip Morr
Phill Pet
Pitney Bw
Ye Admiral
Aetralif
Charm
Alcoa
AMBAC
Greyhound
GrummaCp
Amcven
VO Sears
SignalCo
MiHeclaMng
SingerCo
wiSmith
Scareg
Am Motors
HernWal
Soucale
VelHof Electra
South Co
Hobidyinn
Somgas
Sou Pac
al Homestice
al Honeywil
AMK Co
AMP Inc
AnchHock
Stocal
IdahoPw
StDiltind
ArchDan
Deal Basic
Armenst
III Cent
SidOiCh
Armster
Talimo Co Am
INA Co
StavffCh
VelStevens
AtlasChem
nterikSt
StudeWorth
Sf Atlas Corp
Wlbm
Sun Oi
Aveo Co
Avnet Inc
Swift Co
Avon Pd
Systron
Rabek
Meliowa Reef
Tampa el
Aliowa P$v
Rektronix
Litek Corp
Teledyn
Beckman
Temeco
Beecher
Texaco
Bell How
Jewel Co
Texetrn
Bendix
JoneLauv
Jostems
Thiokol
Boeing
Joy Mig
TimesMir
RolsCas
Time RB
Borden
Malaiser al
ToddShp
Rudd Co
Kennecott
TRW Inc
Eh. Kerr Mc
KimbCik
Es Kraftco
W/UAL Inc
Lear Sieg
Union Pacif
Mo Castiecke
LUC Bich Ag
iWestn Air Lin
Maratha
WnBanc
la Marcoline
Weston
McDonnd
Whittaker
Carp
WinnDix
Scott Paper
Soclind
Snev
Kollsman
Mobil
Mobasco
Monsan
YelAerojet
Air Wes
Am Petr
M+ Ve
Motorola
AO Indust
Mistatt
Jarklgas
Ae Alamera
Atlascorp
Nat Airlin
Barnes Eng
Campbi
Chile
Nat Distit
Cdn Javelin
Cinerama
Data Cent
Nat Tea
Dixilyn Corp
Nat Steel
Newberry
Val
Equity Co
Newmat
Fed Resrees
Felmont Oil
Frontier Air Eelave
Niag MP
alGen Plywood
Bie OM
NorfolkWst
Giant Vel
Norrisind
Goldfield
Gt Basn Pet
Sia Su
Ve Inoamrock
Husky Oil
Kaiser In
NwtBanc
McCrory
Norton
Mich Sug
NortSim
MidwFini
Mohwk
Newidria Mn
NewPark
Ormand Ind
RIC Intlind
Saxon Indust
Dow-Jones
NEW York Stock Index
Zoo Authority
Gov
Mittee
Wnon
Gene Simmons
Tarboro
Democratic Executive Committee
State Milk Commission
Commission
Wurlitzer
I Pearson In Music CO
S. Main St
Greensboro
Raleigh and
Durham
Court Choice Reported
Congress
Abe Fortas
Senate
Clement F. Haynsworth Jr
Egypt
Chevrolet
Chevrolet Company
1800 N. Main
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