Stock Market Rises Moderately Amid Mixed Earnings
The Dow Jones noon average climbs to 997.89 as trading stays moderate. Bethlehem Steel rises 5 percent after raising its dividend while Eastern Air Lines gains and Xerox slips on downgrade. FTC sues Xerox for monopolizing the office copying machines market.
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NEW York
New York Stock Exchange
William Nelson
Moody’s Investor Service
Bethlehem Steel
Steel Company
American Stock Exchange
Eastern Air Lines
Xerox
Federal Trade Commission
Control Data
Polaroid
Leaf Drink Tax Repeals Pushed in NC Legislature
AP reports North Carolina faces repeal efforts in both Senate and House aiming to remove the state’s low cigarette tax. Sen. Vernon White from Pitt County backs repeal while noting opposition to soft drink tax repeal. Party leaders oppose both moves this session.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
General Assembly
Vernon White
Pitt County
Senate
House
White
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High Point Enterprise, Inc
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High Point
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Associated Press
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AP News
Faral
Ward-Griffith Company
National Advertising Representatives
Nixon Forecasts Strong Economy as Wage Price Controls End
President Nixon predicted a very good year for the economy and urged Congress to prepare for ending wage and price controls. He backed restraint of federal spending to avoid a boom bust cycle and called for a plan to phase out controls with continued price stability and lower unemployment. The Economic Advisers projected about 9 percent growth in national output and unemployment near 4.5 percent by year end 1973.
MENTIONED IN THIS ARTICLE
Nixon
Washington
Congress
Council of Economic Advisers
Herbert Stein
Unem
Communist Takeover Report Sparks Vietnam War Talk
AP reports syndicated columnist Jack Anderson cites undisclosed sources about high level papers predicting a possible North Vietnamese takeover of the Thieu regime after a ceasefire. He notes no fixed timetable and says documents discuss probabilities rather than predictions.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
Jack Anderson
Vietnam
Thieu
Atlanta
Anderson
Ceasefire Stalls as Peacekeepers Seek Broad Nam Support
After 48 hours of the cease-fire, ICCS members warn security cannot be assured without full North Vietnamese and Viet Cong backing. The four party joint military commission, comprising the United States, North and South Vietnam and the Viet Cong, meets for the third day with no progress. Deputy chiefs of delegations conduct talks while no sign that Viet Cong chief Maj. Gen Dong Van Cong has arrived.
MENTIONED IN THIS ARTICLE
Doyr
ICCS
Joint Military Commission
Lup
United States
North
South Vietnam
U.S
Ichief
Dong van Cong
Stennis Shot Outside Washington Home
Senator John C. Stennis was shot near his Cumberland Street residence after exiting a National Guard reception. Police described two black assailants, with the senator’s wife hearing two pops and his voice calling for “Coy.” Investigators searched for suspects as White House and congressional leaders condemned the attack.
MENTIONED IN THIS ARTICLE
Lces
Walter Reed
Stennis
Jackson
George Keane
Ater
National Guard
Capitol
William P. Rogers
Elliot L. Richardson
Mississippi
William Waller
John Hampton Stennis
Samuel Syme
Winston-Salem
N.C
Washington
Senate
de Kalb
Miss
Armed Services Committee
Cumberland St
White House
District of Columbia
Jerry V. Wilson
James O. Eastland
Jamie Whitten
Charles McC. Mathias, Jr
District
Murphy
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