Market drifts toward three year low amid thin trading
The AP report notes a lack of stimulus as stocks slide toward a three year low with the Dow at 764.78, down 4.10, as investors wait on the sidelines. Analysts cite weak quarterly earnings and inflation concerns after President Nixon vetoed HEW legislation as contributing factors.
MENTIONED IN THIS ARTICLE
New York
Larry Wachtel
Bache & Co
Wachtel
Nixon
Department of Health, Education and Welfare
Associated Press
New York Stock Exchange Prices Reported in Afternoon Trading
Prices and percent changes for numerous issues on the New York Stock Exchange are listed in the afternoon session. AbbiLab ACF Ind Admiral AetnaLife AllRed and many others show varied gains and losses with last prices, highs and lows recorded.
MENTIONED IN THIS ARTICLE
New York
AllRed
AlliedCh
AlliedStr
Gillette
Allis Chaim
Glen Aldean
Alcoa
Global Marin
Goodrich
Hess
Goodyear BS
HollySugg
ArmcoSt
Armour
ArmstCk
Houst LP
Howmet
L— Atlas Chem
al Idaho Pw
Atlas Corp
Ideal Basic
Avco Co
Avnet Inc
Imo Co
I4lina
Bence Ie
iMerik St
IBM
Seemunee
BeechAr
T&t
SM Benguet
Ek Corp
Boeing
Sarre
Fae
BorgWar
Janet Ay
Brist My
Slindene
If Oar Brunswk
Tel
BucyEr
Joy Mig
Budd Co
K— Bulova W
Kaiser al
Bank Ramo
Kange
Ye Burlind
KanPwl
Burrghs
Areeree
Eieme Ie
al Am Airlin
Ai GraceCo
AmBrands
iGranitec Su Ve Vee
AmCan
AmCyan
Ameipw
West Fint
Enkala
Wighwnunit
GreenGnt
Hosp
Kresne SS
Stern
Es le le CastieCke
CaterTr
VaiLear Lieg
jLeh Val Ind
Cenco Ins
Lehmn
Ling TV
Litton
Lockhola
Macy NH
Over-The-Counter Stock Averages and Quotes
NASD inter-dealer prices as of around 11 a.m. show bid and ask quotes for multiple firms. Prices exclude retail markup and commissions. listings include Amer. Furniture Amer. Mortgage Caro. Caribbean Colonial Stores Auto. Service Eckerd Drug First Un. Bk. Corp. Hardee's Integon Life of Caro. NCNB Corp. NC Nat. Gas Pied. Aviation Pub. Serv. of NC Ruddick Pref. Ruddick Com. Wach. Bank Wix Wellington Hall and others with varying bid and ask percentages.
MENTIONED IN THIS ARTICLE
Amer
Caro
Colonial
de Eckerd Drug
First UN
Bk. Corp
Hardee’s
N.C.N.B. Corp
N.C. Nat. Gas
Pub. Serv. of
N.C
Ruddick Pref
Ruddick Com
Wach. Bank
Wix
Wellington Hall
Stock Averages Reported With Mixed Dow Numbers
Financial page digest shows noon Tuesday figures for stock averages with net change declines and prior day levels. Figures include multiple indices and components, indicating mixed performance across markets and sectors.
MENTIONED IN THIS ARTICLE
Pondax
Fgn.l
Body Of Baby Found In Store
Forsyth County Medical examiner reported a four months premature infant found dead in a downtown Winston-Salem department store restroom on Monday. Local officials are investigating the death and cause is under review.
MENTIONED IN THIS ARTICLE
Winson - Salem (Ap
Forsyth County
Winston-Salem
W. D. Vreeland
New York Stock Exchange Index At Noon Mixed Readings
The noon update shows mixed movements across sectors with declines in industrial and transportation indices while finance posts a small drop. Utilities or related categories appear muted as overall market tone remains cautious.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Finance
Regional Forecast Highlights For Carolinas And Virginia
North Carolina expects generally fair weather tonight with cooler lows 35 to 40 and a warmer partly cloudy Wednesday with a late day shower chance in the mountains. South Carolina features mostly fair, cool conditions tonight, with warmer Wednesday and coastal lows 37 to 40. Virginia sees fair skies tonight, increasing clouds and mild Wednesday with a possible shower in the far west, highs in the 50s. Georgia shows fair to partly cloudy, mild tonight, and Wednesday highs in the 40s to mid 60s.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Gas Pipeline Fire Kills Fifty Five in Semarang
In Semarang central Java a fuel leak sparked a massive fire as villagers crowded a leaking pipeline to collect gasoline. Fifty five people were killed and 41 seriously burned with many others injured. authorities fear more deaths as flames trapped residents on gasoline soaked ground.
MENTIONED IN THIS ARTICLE
Jakarta
Java
Semarang
Carolina Cougar Doug Moe Diagnosed With Kidney Infection
Carolina forward Doug Moe has an active kidney infection after a Chapel Hill examination. The illness kept him from practicing for the Cougars' home game with New Orleans. his status is uncertain as doctors treat him with antibiotics and rest. Moe has a two year history of such ailments.
MENTIONED IN THIS ARTICLE
Carolina Cougar
Doug Moe
Chapel Hill
Moe
The
Cougars
New Orleans
Meir Silent Over Nixon Arms Pledge UK-US Middle East Tensions
Israeli Prime Minister Golda Meir welcomed President Nixon’s pledge to maintain the Middle East arms balance by arming Israel, while Arab press denounced the move and threatened reprisals. Meir praised U S friendship but warned of concerns over U S diplomatic steps as Cairo papers blasted the policy. Nixon said the United States would supply arms as needed to friendly states while monitoring regional strength.
MENTIONED IN THIS ARTICLE
Golda Meir
Nixon
Middle East
Israel
U.S
Meir
Washington
United States
Cairo
Practice Suspended By Draft Boards
The Selective Service System suspends its reclassification and drafting of violators following Supreme Court rulings. The move halts controversial practices and alters enforcement of draft regulations nationwide.
MENTIONED IN THIS ARTICLE
Washington
Selective Service System
Supreme Court
Lewis B. Hershey
Congress
Selective Service
Tno
Timothy J. Breen
Davidson Professor Launches Democratic Bid Against Jonas
Davidson College political science professor William E. Jackson 34 announced his Democratic campaign for Congress against Republican incumbent Charles R. Jonas of Lincolnton who has served since 1952. Jackson criticizes Jonas for budget priorities and jet fighter funding for Nationalist China while pledging to cut military spending and reform Pentagon budgets. He cites Democratic leaders delaying opposition as a drain on the political system.
MENTIONED IN THIS ARTICLE
Davidson
N. C
Davidson College
Charles R. Jonas
William E. Jackson
Jonas
Lincolnton
Congress
Jackson
China
Federal Bureau of the Budget
Kennedy
Pentagon
Two Men Survive Two Weeks After Plane Crash in Sierra
In the Sierra Nevada near Jackson California two Fresno men Eugene Ebell 33 and Robert Staar 17 survived two weeks in a wrecked light plane with pilot Donald Shaver crushed to death. They were rescued by helicopter after Staar walked 30 miles to summon help as searchers shifted due to a mistaken smoke report. They suffered exposure frost bite and minor injuries. Ebell bore crushed ribs.
MENTIONED IN THIS ARTICLE
Jackson
Calif
Donald Shaver
Sierra Nevada Mountains
Ebell
Fresno
Elko
Nev
Staar
Sierra Nevada
Sierra
San Francisco
Doyle Hawkins
George Wurzburg
Anderson Leaves NC GOP Post for National Governors Role
Gene Anderson longtime head of North Carolina Republican Party resigns to join the National Republicans Governors Association. He says the group is shifting from aiding current governors to helping elect new ones and notes Republicans control 30 governorships including Florida Virginia and Arkansas. He hopes to influence selecting the first Republican governor of the South once again.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Carolina
South
Nursing Homes Vote to Accept Medicaid Temporarily
North Carolina nursing home operators, after previously opposing the policy, will accept Medicaid patients on a limited temporary basis while seeking other arrangements. C. J. Blanchard of Evergreens in Greensboro says officials will discuss Medicaid payment issues with John R. Jordan Jr., NC Board of Social Services chair.
MENTIONED IN THIS ARTICLE
Greensboro
North Carolina
North Carolina Association of Nursing Homes
C. J. Blanchard
Evergreens, Inc
John R. Jordan Jr
North Carolina Board of Social Services
Also Mentioned on This Page
Stock Market Report
Don Battle
Veer
Whittaker
Pi Xerox Cp
Zale Corp
Zenithr
Cerro
Chris Cft
Chrysler
Citfin
Cities Soc
Va ClevEltil
Coly Pal
Cowles
Va Cox
Deere Co
DeltaAir
Det Steel DiaSham
DillonCo
Disney
DomeMin
Ahm
Dressind
DukePw
duPont
Duq Lt
Dyna Am
East Air Lin
Easkodak
Eversharp
FormMcKs
Magnvox
Maratha
Va Marcor Inc
Va Mar Mid
Martinm
Ye Maydostr
Ye Maytag la
Va McDonn
Ye Mead Corp
Va MelvSho
Va Mgm
Va Microdot
Mobil
Mohasco
Monsan
Montan
Mor-Nor
Weststatt
Air West
Arklgas
Chile
Cinerama
Dixilyn Corp New
Fedesrees
Ning MP
Noroflkwst
NorPac
NoStaPw
Northrop
Corp
Kaiser
NwtBanc
Norton
H NortSim
Mohwk
OhioEdis
NewPark Mn
Ee Oklage
Aa Ve Oklangs
RIC Intl Ind Olin Corp
Ve ‘Saxon Indust
Omark Ind If
Inav Whela
Scurry Rain
Otis Elev
Statham
PacPwLl
Pact&t
Panassul
PanAm Wair
Panhee
Parke Davis
Penn Cent
PesiLo
Phelps D
Phila el
Philip Morrid
Phillet
Pullman
Q— Questor
Knalston P
van Sance Inc
Naytheon
NCA
Reading Co
ReichCh
RepubSt
ReynMet
ReynTeb
E Rohr Cp
Reyccola
Royal Dut 2d
RyderSys
Billie Safeway
StrosLd
Stlsanf
Stregisp
Sanders
SaFeind
SanFeint
Schenley
Schering
Scoa Ind Scm Cp
Scott Paper
Sgclind
Searsr
SherwaWm
A SignalCo
Smith KF
SingerCo
L$careg
South Co
Spartans
Sperry R
StOllInd
Stoiinj
St Packaging
StauffCh
SteriDrug
Stevensj
StudeWorth
Sun Oil Ib
Swift Co
Systron
Tampa E
Tektronix
Tenneco
Texaco
Texas
Textron
Thiokol
TimesMir
Trans W Air
Transitron
A Trw Inc
Twen Cent
UAL Inc
UMC Ind
UN Carbide
UN Elec
UnOilCal
UN Pac Cp
Union Pacif
UnitAire
US Steel
Ye Upjohn
Va —V. Varian Asso
Vendo Co
VariPw
WarLam
Wat
Wstn Air Lin
A.P. Stock
Dow-Jones
Indus
American — Exchange
NEW York Stock Index
al Ahram
Eugene Ebell
Robert Staar
Amador Hospital
Anderson
GOP
E. Westwood
Whpe Radio
Civic Southern Factors Corporation
North
Hamilton Street
High Point
SKY City Discount
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