Stock Market Rises Modestly on Glamour Issues
AP report notes a broad but modest advance with the Dow up 2.88 at 910.69 as glamour issues lead gains. Trading slows near a three day holiday, with notable movers including Natomas, National Cash Register, Telex, IBM, and others on both the Big Board and AMEX.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
National Cash Register
Telex
IBM
Dow
GAC Corp
Ford Motor
Universal Oil Products
CNA Financial
Levi Straus
Marathon Oil
American Stock Exchange
AMREP
Kysor Industries
Edmos Corp
New York Stock Exchange Prices Mixed in Afternoon Session
Trading on the New York Stock Exchange shows a wide spread of gains and losses in afternoon prices. Large cap names like Coca Cola and General Electric move modestly while many industrials and utilities show varied percent changes.
American Stock Exchange Noon Prices Mixed Across Issues
At noon the American Stock Exchange displayed wide activity with numerous equities showing varied percentage changes. Names such as Aerojet Ark Best Atlas Copper and Cinerama appeared with modest gains or losses amid a broad trading floor snapshot.
A.P. Stock Averages Reported by The Associated Press
Stock averages compiled by the Associated Press show noon levels for major groups such as Industrials Utilities Railroads and Transportation with net changes and prior day figures. The report includes day and week comparisons, high and low values, and monthly and yearly references for the market indicators stocks bonds and related indices.
MENTIONED IN THIS ARTICLE
Associated Press
Ind. Rails Util
Moony Press
Ralls Ind. Util
Fon
Ava
I Sroeue
Fe Pil Nee Geen Baths
Fublic Uv
Seemeseee Oodeee
New York Noon Stock Index Snapshot
The noon market report shows mixed trading with the Dow Jones Industrial Average around 55.10 and transportation and industrial indices moving modestly. No major gains or losses are listed beyond small percentage changes and a noisy ticker layout.
MENTIONED IN THIS ARTICLE
New York
Cassdeese
Taylor warns against decline at Memorial Day address
Lt. Gov. H. Pat Taylor told veterans at VFW Post 2008 Memorial Park in Laurinburg that every rising power risks decline. He urged Americans to stay strong and guard the ideals behind freedom and survival, noting wealth alone does not define greatness.
MENTIONED IN THIS ARTICLE
Laurinburg
N.C
H. Pat Taylor
Taylor
VFW Post
Laurinburg Memorial Park
NASD Over-The-Counter Quotations At 11 A.M.
Inter-dealer bid and ask levels are given for several securities as of around 11 o clock. Prices exclude retail markups and commissions and are subject to intraday market changes. Names include Am Furn, Car, Hardee s, Integon, Life of Car, N C N B Corp, N C Nat Gas, Pub Ser of N C, Rudd pref and com, Wix.
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ASK Amic
Furn
Carib
Hardee
N.C.N.B. Corp
N. C. Nat. Gas
Pub. Ser. of
N. C
Rudd
Rudd, Com
Wix
Cambodian retreat prompts heavy air support over Snoul
U S B52s bombed North Vietnamese concentrations near Snoul while allied aircraft hit inside the Cambodian rubber town to cover the Saigon forces retreat. South Vietnamese claim 200 dead or wounded, 700 NVA casualties reported by Hanoi, with 80 abandoned vehicles left behind.
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Saigon
U.S
Sauol
Ftown
Loc Ninh
Highway 13
Cambodia
Siuol
le Trung Hien
Hien
Rogers flags Lisbon NATO talks may set stage for Europe force cuts
Secretary of State William P. Rogers said the Lisbon NATO meeting June 3-4 will discuss Berlin and a possible mutual force-reduction with the Soviet Union, though no concrete bargaining plan is expected. He noted U.S. aims to share defense burden as Senate debate on Europe forces shapes allied views.
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Washington
William P. Rogers
NATO
Lisbon
Moscow
Rogers
North Atlantic Treaty Organization
Berlin
Andrews Air Force Base
Maryland
Senate
Mike Mansfield
Montana
U.S
Europe
Paris
Organization For Economic Cooperation and Development
Brussels
Soviet Communist Party
Leonid Brezhnev
Kremlin
United States
Supreme Court curbs police power to clear crowded streets
The court ruled 5 to 3 that loitering laws must be specific to be constitutional as Cincinnati’s ordinance criminalizing three or more people gathering on sidewalks for conduct deemed annoying was invalid. Justice Potter Stewart said the law was vague and violated free assembly and association, noting First and Fourteenth Amendments protect public gathering regardless of annoyance to some.
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Washington
Supreme Court
Cincinnati
Potter Stewart
Stewart
Campus Publications Debate on Student Newspaper Fees
North Carolina lawmakers hear a bill allowing students to opt out of paying for campus publications. Senator J C Crawford condemns profane campus cartoons while Chancellor Caldwell cites a comic in ECU papers and urges trustees to handle fees. Senator Jones calls the bill censorious but the committee delays action.
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Raleigh
Buncombe County
Senate
North Carolina
J. C. Crawford
Senate Higher Education Committee
Crawford
North Carolina State University
John Caldwell
East Carolina University
Leo Jenkins
ECU
Caldwell
O'Neil Jones
D - Anson
Julian Allsbrook
D - Halifax
Subscriptions and delivery terms for High Point Enterprise
The notice outlines daily and weekly carrier rates and monthly mail subscriptions with a 3 percent sales tax in North Carolina. It states The Associated Press rights for local news reproduction and AP dispatches, and notes postal classifications and independent contractor status of carriers and distributors with responsibility limits for advance payments. It lists Ward Griffith Company as a national advertising representative.
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High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
Ward Griffith Company
National Advertising Representatives
Drought Threatens Everglades Outbreak of Fire Across Florida
A thick smoke hangs over Miami as thousands of acres of Everglades grassland burn amid a severe drought. The National Weather Service warns of renewed fires with little rain in sight, noting 10 inches below normal precipitation and only six inches since January.
MENTIONED IN THIS ARTICLE
Miami
Everglades
National Weather Service
South Florida
Gilbert Clark
Clark
Mecklenburg Liquor Bill Advances
RALEIGH AP says a Senate Alcoholic Beverage Control Committee approved a bill permitting Mecklenburg County voters to decide if restaurants and private clubs may sell mixed drinks by the drink. Sen. Jules Coggins and Sen. Thomas Strickland opposed, outnumbered by supporters. The measure would trigger a county election to decide liquor by the drink and brown bagging continuation if approved.
MENTIONED IN THIS ARTICLE
Raleigh
Mecklenburg County
Senate Alcoholic Beverage Control Committee
Jules Coggins
Wake
Thomas Strickland
Wayne
Senate
Mecklenburg
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