Market dips after midday as investors stay cautious
The New York stock market slipped from earlier gains amid cautious trading and a pessimistic outlook. Analysts cited oversold conditions and bargains as a potential technical rally, while Fed policy and Nixon’s budget timing drew little surprise from observers. The Dow opened near 750 and fell about 1.9 points by noon, with the AP 60-stock average steady around 259.3.
MENTIONED IN THIS ARTICLE
New York
Monte Gordon
Bache & Co
Federal Reserve Board
Gordon
Nixon
Congress
Associated Press
New York Stock Averages Reported by Associated Press
The Associated Press reports New York stock averages for the day showing movements across major indexes. Traders watched gains and losses as market activity fluctuated amid economic news and corporate results.
Moon Prices Highlighted In American Stock Exchange Data
The American Stock Exchange releases an array of stock quotations with asterisks and footnotes. The table lists prices for Aerojet Air West Am Pet and many other firms with last, high, low values and dividend notes.
MENTIONED IN THIS ARTICLE
Merck
ClevEltil
Microdot
Yeoman
Nat Airlin
Cowles
Cox
CrowseHind
Nat Steel
CrowCol
Natomas
CrowZell
Jeev Pow
Cudahy
Va Deere Co
NoStaPw
DeltaAlt
Northrop
DetEdis
Nwst Airl
Det Steel
NwtBanc
DiaSham
Norton
Dillon Co
NortSim
Disney
DomeMin
OhioEdis
duPont
Olin Corp
Ommark Ind
Va Dyna Am
Otis Elev
East Afr Lin
Owensiil
OwensCg
Easkodak Ta
EatonYa
P. Eg&g
Pacgel
Elpasong
Paciq
Eltra Cp
Pac Pet
Emer Elec
Pacpwl
End Johnsn
Pact&t
Panasul
PanAm Waair
Evans P
Uss
Panhc
Eversharp
Parke Davis
MN Nia
Penn Cent
PennDix
Fairchc
Penney JC
Fair Hill Vv
PaPw Lt
A Fansteel Inc
Ae PennzUn
PepsiCo
FedDeptStr
Pfizerc
Phelps D
Philip Morr
Mtsween
Phill Pet
Va Pitney
MFMC
Publicin
Pullman
GAF Corp
Gannett
Te New York
New York
GenDynam
Ralstonp
Ranco Inc
RepubSt
Ga Pac
Va Reviow
Admiral AetnaLif
Wwe GettyOil
ReynTeb
Air Red
Gillette
Roan Sel
AlcanAly
E- Glen Alden
Ohr Co
Se Alleg Co
Mae
Roy C Cola
Goodrich
Goodyear
RyderSys
AlliedCh
Oeces GraceCo
Allied
Safeway
Allis Chaim
Gt West Fint
Sanders
Airtin
Gtwaunit
SaFeind
Greyhound
Schenley
al Schering
M Cp
AmCyan
Aki GulfStaut
el Scott Paper
Eipw
GulfWin
al Sbclind
Enkata Oe
Halliburt
Searsr
Ore Morris
Shell Tr
Here Inc
Howmet Houst LP
Spartans
Se J
Ancorpnsyv
Sperry
ArchDan
Wu — Ve ArmcoSt
Idaho Pw
Val Ltd Kolisman
Armour
Ideal Basic
ArmstCk
IngerRand
Atlas Chem
Atlas Corp
Pace InterikSt
StudeWorth
T&t
Vel Swift Co
Pe BeechAr
Itek Corp
Atronix
Bendix
Beneff
Jewel! Co
Tenneco
Benguet
John Man
Texaco
Jonathn
Texetrn
Jon Logan
Texgsul
Boeing Co
JoneLay
Teexasiast
BoisCas
Jostens
Textron
Ann Borden
Joy Mfg
Se Thiokol
BorgWar
Ss Brunswk
KanPwl 1.18 194 225% % Trans W Air Transmr
Budd Co
Sheen Katy Ind
Transitron
Ve Bulova W
Kayser Ro
TriCont
Va Bank Ramo
Kenncott
Burlind
Krattco
UAL Inc
Cal Finanl
UMC Ind
Kresge
UN Carbide
Kroger
Caroplt
Atin UnOlrCal
Carrier Cp
Lear Sieg
UN Pac Cp
Carter W
UnionPacit
Uniroyal
CastieCke
Lehma
Unitalre
CaterTr
Unit Co
US Indust
US Steel
Ches Ohio
Univo Pd
Upjohn
Chisler
Lukens
Citfin
LVO Corp
Varian Asso 249
Lyk Yng
Ve Vendo Co
Vaeipw
Macke Co
WarLam
Va Macy RH
Wat
Mad Fd
Wsin Air Lin
Magnvox
Erees
Wn Banc
Maratha
Ye WinTel
Mi Marcor Inc
Westg&l
Maytag la
Whittaker
McDonnd
Mead C
WinnDix
MelvSho
We Woolwin
Xerox
American Stock Exchange
Aerojet
Air West
Am Pet
Ark Best
Arklgas
Alamera Oil
AtlasCorp
Data Cent
Dillardd
Dixilyn Corp
Dynalectin
EquityCp
We Fed Resrees
Felmont Oil
Whh
Frontier Air
Va Gen Plywood
Giant Vel
Ta— Goldfield
Gt Basn Pet
Husky Oil
ITI Corp
Kaiser In
McCrory
Mich
Mohwk Data OO
Newldria Nw
NewPark Mn
Ormand Ind
Sa Ric Intl Ind
Saxon Indust
Statham
Technico
Associated Press
Hitchhiker Sought After Car Theft Attempt Near Asheboro
Deputy Sheriff reports a hitchhiker who flagged down Danny Lee Bridgeman on A S 220 two miles south of Seagrove and tried to steal his car. Bridgeman tied to a tree with his belt escaped as the vehicle stuck in mud. The robber fled. wallet with no money missing.
MENTIONED IN THIS ARTICLE
Asheboro
Joe Shaw
Danny Lee Bridgeman
Ethel
Bridgeman
Seagrove
Forecast North Carolina South Carolina Virginia and Georgia outlook
Weather forecast outlines clear to partly cloudy and colder conditions tonight across North Carolina and Georgia with frost in mountains. South Carolina and Virginia see decreasing cloudiness and cool, sunny conditions Saturday, then Sunday partly cloudy. Georgia expects freezing in the mountains and milder conditions elsewhere. Coastal and southern areas show varied overnight lows and highs, with a light precipitation chance by midweek.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Carolina
South Coast
Nationwide rail shutdown looms as unions risk walkout
Labor and management faced a possible nationwide rail shutdown as four shopcraft unions threaten action after extended contract disputes. Union negotiators warned a strike could occur soon, though no specific time or place was set and government talks stalled.
MENTIONED IN THIS ARTICLE
Gregg Herrington
Associated Press
Washington
William W. Winpisinger
Afl-Cio
Who Financed Yablonski Plot Opens Jury Question
A federal grand jury indicted Paul E. Gilly Aubran W. Martin and Claude J. Vealey on murder and obstruction charges in the Yablonski slaying. It cited a special fund paid the two others but did not identify the fund’s source.
MENTIONED IN THIS ARTICLE
Cleveland, Ohio
United Mine Workers
Joseph Yablonski
Paul E. Gilly
Margaret
Charlotte
Yablonski
Clarksville
Gilly
Au Bran W. Martin
Claude JE. Vealey
Martin
Vealey
Clevelands
Washington
Senate testimony on Carswell court nomination clashes
Lowenthal states Carswell blocked federal review and sent a case to Gadsden County for trial while refusing a stay. the 5th Circuit reversed. Duke Law’s Van Alystyne and Princeton’s Gary Orfield opposed. Yale’s James W. Moore urged confirmation citing his scholarship. Florida Bar head Mark Hulsey endorsed him. Van Alystyne cites a white supremacy speech 22 years prior.
MENTIONED IN THIS ARTICLE
Carswell
Lowenthal
Gadsden County
5Th Court of Appeals
Duke University Law School
William van Alystyne
Princeton University
Gary Orfield
Yale Law School
James W. Moore
University of Florida
Florida Bar Association
Mark Hulsey Jr
Jacksonville
High Court
van Alystyne
Georgia
Bomb Explodes at Saigon Theater Injuring None
A bomb ripped a hole through a restroom wall at a downtown Saigon theater near the Rex Officers Quarters Club. Police say a plastic device planted by terrorists caused the blast, evacuating the five story billet and screening for additional bombs as hundreds fled the cinema. No injuries reported among U S personnel. officers searched the building.
MENTIONED IN THIS ARTICLE
Saigon
U.S
Rex Officers’ Quarters
U.S. Joint Public Affairs Mission
Vietnam
City Hall
New Nuclear Weapon Concepts Tested Reported
Washington AP reports U S nuclear experts have recently tested new weapon concepts including a pure fusion hydrogen bomb a laser triggered design and a neutron weapon while noting delays in expanding facilities for warheads for the Safeguard antiballistic system The AEC says details are limited but confirms ongoing research into these high risk concepts and the continued pursuit of advanced thermonuclear devices
MENTIONED IN THIS ARTICLE
Washington
United States
Atomic Energy Commission
Congress
AEC
Associated Press
Commission
Media General to acquire three New Jersey firms for 50 million
Media General Inc announces board approved plan to buy Evening News Publishing Newark News Fidelity Engraving Garden State Paper for about 50 million in stock. Deals hinge on IRS ruling and stockholder approval. exchange could add up to 90 thousand more shares. Newark News circulation at 267,289 daily 423,331 Sunday.
MENTIONED IN THIS ARTICLE
Richmond, Va
Media General Inc
Virginia
New Jersey
Evening News Publishing Co
Newark News
Fidelity Engraving Co
Newark
Garden State Paper Co
Garfield
N.J
Pomona
Calif
Media General
Internal Revenue Service
Scudder
Chicago
Garden State
Loan eligibility expands for flood damaged counties
Farmers in Wayne Bertie and Edgecombe counties qualify for emergency crop loans after heavy rains and hail last summer. The Farmers Home Administration in Raleigh said USDA declared the counties eligible through county FHA offices.
MENTIONED IN THIS ARTICLE
Raleigh
Wayne
Bertie
Edgecombe
Farmers Home Administration
U. S. Department of Agriculture
Also Mentioned on This Page
Stock Market Report
Don Battle
A.P. Stock
The
Ind. Rails Uid
Dow-Jones
Indus Eeeees
NEW York AP
New York Stock Exchange
Pee Eee Nee Nee
Utility
American — Exchange
Winpisinger
Railroads
John P. Hiltz
UMW
W. A
Tony” Boyle
Annette
James C. Phillips
Cleveland
Phillips
Martin Dec
Pennsylvania
Senate
Fidelty Engraving
Richmond
Winston-Salem
N.C
Tampa
Fla
Lakeland
Fredericksburg
D. Tennant Bryan
Alan S. Donnahoe
Esteen
America’s Large
N. Main ST
E. Green
Thomasville
E. Main ST
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