Market slips on mixed IBM outlook and delayed gains
The stock market moved lower with the noon Dow at 888.07, down 4.31. IBM tumbled 5 percent after unchanged second quarter earnings disappointed, while Outboard Marine rose 2 percent on forecasted June quarter gains.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
IBM
Honeywell
Xerox
Pola
Polaroid
Outboard Marine
American Telephone
Arthur G. McKee
Associated Press
House Kills CBS Contempt Citation Over Pentagon Documentary
The House avoided a floor vote on CBS contempt for not providing untelevised material from Selling of the Pentagon. Chairman Emanuel Celler defended First Amendment protections as he and Harley Staggers framed the move as ending the case while signaling no further contempt action. Staggers argued the press freedom issue remains, though CBS outtakes may still be examined later.
MENTIONED IN THIS ARTICLE
Washington
House
CBS
Pentagon
Judiciary Committee
Emanuel Celler
D-N.y
Commerce Committee
Harley O. Staggers
Dw.va
Ry. Staggers
Staggers
United States Presses Tough Trade Stand With Japan
The United States contemplates stricter remedies after a projected 1971 trade deficit with Japan, possibly exceeding the 1969 record of 1.9 billion dollars. Administration officials weigh quotas, enforcement of anti dumping laws, countervailing duties and limits on foreign investment as part of a tougher bilateral stance. Secretary Rogers warns Japan to match its responsibilities with its rising power.
MENTIONED IN THIS ARTICLE
Washington
United States
Japan
Tokyo
U.S
William P. Rogers
Navy chief grants one-time break for cooperating drug users
Secretary of the Navy John H. Chafee ordered a one-time exemption from punishment for drug users who cooperate in their own rehabilitation. The policy aims to encourage treatment and reduce discipline actions within the service.
MENTIONED IN THIS ARTICLE
Washington (Ap
Secretary of the Navy
John H. Chafee
Chafee
Navy
Marine Corps
Corps
Naval Service
Vietnam
Tobacco Subsidies Under Fire In New U S Debate
Senator Frank Moss proposes amendments to the Agriculture Department appropriations bill to end federal subsidies for tobacco involving prices exports and advertising including foreign sales under the Food for Peace program. Capitol Hill watchers doubt quick approval with prior defeat and a yearlong fight expected.
MENTIONED IN THIS ARTICLE
Washington
Frank E. Moss
Utah
Agriculture Department
Capitol Hill
Ed Merlis
Senate Commerce Committee
Moss
Sam Ervin
D-N.c
Morris
Merris
Cars to race Grand American events on small tracks
NASCAR announced that Grand American Series cars will be eligible to compete in Grand National events on tracks under one mile starting August 1. The division will have separate points but share the same events, and nine races remain on the schedule including Richmond Capital City 500 at September 12, Wilkes 400 at North Wilkesboro September 19, and Old Dominion 500 at Martinsville September 26.
MENTIONED IN THIS ARTICLE
Daytona Beach
Fla
The
National Assn
Nascar
Lin Kuchler
Richmond
North Wilkesboro
N. C
Martinsville
Nevada County Slayings Prompt Hunt For Suspect
Authorities in the Sierra foothills search for a suspect and motive after a riverbank campground slaying spree near Nevada City. Two people were killed and three others wounded. victims include Donna Fitzhugh and Jimon Satan.
MENTIONED IN THIS ARTICLE
Nevada City
Calif
Sierra Foothills
Nevada County
Wayne Brown
Bear River
Brown
Donna Fitzhugh
Ontario
Jimon Satan
Weimar
Lutherans Tighten Ban On Women
The Lutheran Church Missouri Synod moved to tighten doctrinal controls and reviewed its work with the Lutheran Council in the U.S.A. while deferring a decision on severing communion with the American Lutheran Church. It reaffirmed a ban on women ministers saying scriptural authority forbids women from pastoral roles.
MENTIONED IN THIS ARTICLE
Milwaukee
Wis
Lutheran Church- Missouri Synod
Lutheran Council
U.S.A
Missouri Synod
American Lutheran Church
Dean Lucking
River Forest
Ill
Martin Luther
Adam
Paul
Timothy
Philadelphia Resistance fights FBI harassment claims
The Philadelphia Resistance a nonprofit group aiding draft resisters and educating the public says the FBI began harassing them around April 1 as they investigate March thefts of FBI media office files. Documents released to the press quote a conference report noting interviews with the New Left to fuel paranoia and imply an FBI presence at every mailbox.
MENTIONED IN THIS ARTICLE
United States
Philadelphia Resistance
FBI
Media
Washington
New Left
N.C
Associated Press
High Point
High Point Enterprise, Inc
Ward Griffith Company
National Advertising Representatives
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Stock Market Report
Carole Martin
NEW York -Exchange
Allied Ch
REMY
AlliedStr
AilisCh
Alcoa
Ambess
Ameipw
Am Motors
At&t
T&t
AMF Inc
AMP Inc
Ampex Corp Www
Anaconda
Atlas Chem
Atlas Corp
Avco Corp
Avon Pd
BalockWo
Beckman
Beech Air
de Vo Bell
Bendix
BenefiCp
Boeing Co
Borden
oa ‘e Brunswk 12 199 uM% + Bucy Er 1.20 26% 2674 26% Budd Co
Bulova
Seal Tas Cadence Ind
Cal Finani
CampRik
CartWal
CastieChe
CaterTr
CessneAir
Ches Ohio
ChiMil Spp
Chris Craft
Cities Soc
ClevEilli
Yy Co
CocaCol
Coly Pal
Collins Rad
Cotamist
Coly Gas
CmbEn
Conti Corp
Cooperin
Cowles
Cox
CPC
CrowseHing
CrowCell
Crown Corka
CrowZell
Audahy
Delta Air
duPont
Dug Lt
Dynam Am
EasKodak la
Eaton
FormMcKs
Coxa
GAF Corp
Sko
GenElec
GenFood
Mia T
Gateie
Gen Tire
Gillette
Glen Alden
Global Marin
Goodrich
Guif Wa
Halliburt
Harris Vnt
Hercules
HoernWal
Ideal Bas
INA Cp
Nick
Jowa Beer
Trek Corp
Od Jewel Co
JonnMan
Jonnion
JonLogn
Jostens
Kaiss Alum
Kange
Katy Ind
KayserRi
Kennecott
Lai
KimbCik
Koppers
Krafico
Kresgess
Kroger
LearSieg
Lenpcem
Lockheed Air
Loews Corp
LVO Corp
MM MackeCo
Madisid
Magnyvox
Marath
Marcor
McGratt
Mead Corp
Mely Sho
Memorex Cp
Merck
MGM
Motorola
Nat Indust
Newmat
Ind
Norfolk
Norris
Philla
Noamrk
Northrop
Nwst Air
Norton
Nort Simon
Okla Ngs
Olin Corp
Imarkin
Otis Elev
Owen Cn
Owen Ti
PhilMorr
Amy Phill
Pitneyb
Pueblo
Pullman
Questor
Ralston P
Rancomnc
Raytheon
RCA
Reading Co A
Rdiq Bate
Reich
RepubSt
Reynind
ReynMet
RohrCo
Royccola
RoyDut
Ryder Sy
ScherPig
SCM Corp
Ee Scoa Ind
Scott Paper
SingerCo
Smith
SonyCo
Sony Co
Scar
Sid Kollsman Sia
Soninj
Stauf Ch
Ve Stevensj
SunOi
Swift Co
Tampa
Tektronix
Teledyne
Telex Co
Tenneco
Texaco
Timken
Todd Sh
Trans W Air
Transmia
TriCon
TRW Inc Ta
Twent Centre
S~ UY
UAL Inc
US Indust
U Steel
Univeoilp
Va Univer Comp
Upjohn
Varian Assec
Vendo Co
VaEiPw
WachCo
Wartlam
WashwPe
WstnAir
Wn Banc
Se WrUnion 3.40 * 6% 4 “A 46% 46% Westy E
We Weyerns
Whirl Co
White Motor
A Whittaker
Williams Co
Om Wa
Zale Corp
Zenith
Exchange
Aerojet
Indust Ark
Ark
Atlas Cp
de Barnes Eng
Conteavin
Dynalectina
Equis
Fermont Oj
Frontier
Marshal
McCrory
Os Wich
Midw
Migo Elect
Newidria Mn
NewPark Mo
Nor Cdn
Ozark
Ssermaner
Phoenix
Statham Ins
Technicolor Mu
Tesoro Pet Telepromir
US Fitter News
Vikoa Inc
Westates Pri
Wilshire
Yates Ind
Zim Hom
A.P. Stock
Ind Rails Util
Net Chenge
Rails Ee Wn
L. Ya. Net
Dow-Jones
Eaahaaleall
NEW York Stock Index
Manuel
Transportation
Utility
Mittee
Columbia Broadcasting System
News Documenta
Uncle Sam
Martha Marie Parker
Sacramento Medical Center
Kenneth Garbe
Applegate
Placer County
Jean
Garbes
Garbe
Satan
High Point Enterprise
Church Avenue
Joe Bland
Pharmecy Hakmnacy
Main St
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