Market slips after sharp runup as investors wait
New York stock activity cooled at noon with the Dow down 4.07 to 924.62 as traders observe if banks will cut prime rates signaling a turn in money costs. Weyerhaeuser and Louisiana-Pacific fell amid forest products demand worries, while semiconductor stocks faded and tariff questions loomed over silicon products.
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Chet Carrier
NEW York (Ap
New York Stock Exchange
Chicago
St. Louis
Weyerhaeuser
Louisiana-Pacific
American Stock Exchange
Fairchild Ramera
Texas Instruments
National Semiconductor
Birr, Wilson & Co
Tariff Commission
Amex
Syntex
NYSE
High Point Enterprise Home Delivery Rates and Notices
The High Point Enterprise lists subscription prices for daily and Sunday delivery by mail and carrier, with rates for 1 day, 6 months, 3 months, 1 month, Sunday only options, and monthly/annual terms. It notes AP affiliation, second class status, and that carriers are independent contractors.
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High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
Okly
Focal News
AP News
High Paint
High Paint Enterprise, Inc
Focal
Ward-Griffith Company
National Advertising Representatives
American Meeting Terms and Dividend Terms
The text outlines terms related to declared or paid dividends in the preceding 12 months and stock dividends, plus payments in the preceding 17 months. It mentions ex dividend or ex distrib ution dates, full cid sales, ex rights, warrants, and various issuance dates. It also references bankruptcy or receivership status and foreign issue tax considerations.
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Bulovan
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Stock Market Summary Differs By Sector In New York
New York noon trading shows the market index at 1351.85, down 0.9 points. Industrial, Transportation, and Utility sectors move with modest changes as investors await further guidance from financial markets.
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Stock Index
New York
Finance Noon
Judiciary panel taps White House tapes in Watergate inquiry
The Senate and House committees hold tapes from March 23 1971 and seek 66 conversations on ITT and daily cases. June 10 subpoenas demand 45 Watergate tapes. Some lawmakers say ITT pledge linked to antitrust settlement remains unclear. Interior Secretary Morton says Watergate undermines Nixon’s energy push while Sen Montoya cites confidential WH documents on grants rewards.
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Senate
Watergate Committee
Judiciary Committee
White House
ITT
San Diego
Rogers C.B. Morton
Nixon
Joseph M. Montoya
D-N.m
Utilities Ruling Set Thursday on Duke rate hike
The North Carolina Utilities Commission will rule Thursday morning on Duke Universitys request to dismiss two proposals in Duke Power Companys proposed 16.8 percent rate increase. The move questions notice of the proposals and shifts more of the burden to industries. W R Stimart testified that the companys planned rates would yield about 11 percent return on common stock. Duke has also filed for another increase of over 16 percent.
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Raleigh
North Carolina Utilities Commission
Duke University
Duke Power Co
W. R. Stimart
Commission
Marvin Wooten
Power Company
James Buchanan
Duke
Stimart
Unopposed Brown and Beasley win Democratic primaries
In Iowa Culver was unopposed as James Schaben won the Democratic gubernatorial nomination to face incumbent Republican Robert D. Ray. Lt. Gov. Jere Beasley overcame a late surge to secure renomination and would back George C. Wallace’s bid as Wallace was renominated in an unprecedented third primary. New Jersey incumbents were renominated without challenge. Max Baucus and Jack McDonald won Montana congressional nominations to face unopposed incumbents. Jerry Apodaca won New Mexico’s Democratic governor primary at 39 to face Republican Joseph Sheen in November. Bruce King cannot seek another term. Mississippi runoff includes Meredith’s opponent Kenneth Dean. five Mississippi congressmen won party endorsements for new terms.
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Culver
James Schaben
Senate
Robert D. Ray
Alabama
Jere Beasley
Charles Woods
Beasley
George C. Wallace
New Jersey
Montana
Max Baucus
Jack McDonald
Baucus
Dick Shoup
McDonald
John Melcher
New Mexico
Jerry Apodaca
Las Cruces
Joseph Sheen
Bruce King
Mississippi
Meredith
Jackson
Kenneth Dean
Nixon Family Dinner Cruise On Potomac
President Nixon took Mrs Nixon and their daughter and son in law Julie and David Isenhower on a dinner cruise aboard the Sequoia. The yacht reportedly cruised south of the capital before returning to the White House at 065 p.m. EDT.
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Washington
Nixon
Reagan Prominent At Meet
SEATTLE AP During the National Governors Conference California Governor Ronald Reagan held two press conferences spoke to a Seattle group and attacked Senator Kennedy's health care plan He left for California before the conference closed adopting the governors policy positions for the next year He signaled a 1976 presidential bid though saying it is far too early He avoided testing his ideas with fellow governors and noted states rights while planning a national speaking schedule after his term ends Reagan did not win backing from other governors for his Kennedy or land use criticisms and Monday's session repeated the Kennedy attack while Tuesday focused on land use and the day began with that statement.
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Seattle
California
Ronald Reagan
Edward M. Kennedy
Reagan
Washington
Kennedy
Tom McCall
Oregon
Colson's Guilty Plea Linked to Religious Meeting
Senator Harold Hughes says Charles W. Colson’s guilty plea to a felony followed a tense prayerful gathering at Colson’s home the previous night. Hughes notes Colson sought a crime he could truthfully confess to and chose defaming Daniel Ellsberg, avoiding earlier Watergate and psychiatrist office break-in charges.
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Washington
Harold Hughes
White House
Charles W. Colson
Colson
Hughes
Iowa
Senate
Daniel Ellsberg
Ellsberg
Town Unites To Assist Ailing Mayor In Miami
Dade County Mayor Jack Orr, diagnosed with inoperable cancer and facing financial strain, will receive a charity soccer benefit on June 28 at the Orange Bowl. Organized by Vice Mayor Edward Fogg and allies, the event seeks 50 000 to 100 000 dollars to ease his costs during chemotherapy while Orr also faces court actions and alimony obligations. The Miami Toros and Baltimore Comets NASL teams are set to play.
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Miami
Dade County
Jack Orr
Orr
Edward[ Fogg IH
Post Reports 100000 Pledge To 72 Campaign
The Washington Post reports that in 1971 Elmer H. Bobst wrote a letter to then Attorney General John N. Mitchell offering a friend would raise 100000 for Nixon’s re election in exchange for help with a Federal Trade Commission case. The FTC had stepped into Warner Lambert Parke Davis merger talks. Bobst’s identity could not be determined and it was unclear which case the pledge referred to.
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Washington (Ap
The
Washington Post
Elmer H. Bobst
Nixon
Federal Trade Commission
John N. Mitchell
Bobst
Warner- Lambert Pharmaceutical Co
Parke, Davis Inc
FTC
the Post
Bob Woodward
Carl Bernstein
Post
Justice Department
Warner-Lambert
Parke, Davis
Former Miss World in Critical Condition in Indianapolis
Former Miss World Marji Wallace, 20, remains in intensive care in Indianapolis after an apparently lethal sleep aid overdose of Doriden. Doctors say she is comatose and on a kidney dialysis machine to flush the drug from her system. her father questions intentional overdose. Wallace, crowned last November in London, had her title revoked by pageant organizers following publicity about a relationship with George Best.
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Indianapolis
Marji Wallace
London
George Best
Northern Ireland violence worsens as coalition talks resume
Merlyn Rees heads to Belfast to seek a Protestant Catholic coalition amid rising sectarian attacks. A general strike collapsed the province's first coalition attempt. The 100th fatality of the religious conflict was reported, and a British soldier was shot in Dungannon, tallying the 1,027th war death since August 1969.
MENTIONED IN THIS ARTICLE
Merlyn Rees
Northern Ireland
Belfast
Dungannon
County Tyrone
Schlesinger Heads to Norway for NATO Talks
Defense Secretary James R. Schlesinger will travel to Norway on Friday for NATO meetings, with the Defense Department stating he will not fly to Brussels for defense ministers sessions as previously planned.
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Washington
James R. Schlesinger
Norway
North Atlantic Treaty Organization
Defense Department
Schlesinger
Brussels
NATO
Montgomery The Clashed Field Marshal Lord Montgomery Truth Claim
London AP reports an upcoming Carnelius Ryan book quotes Eisenhower accusing Field Marshal Montgomery of deceit. Ryan says Eisenhower cut communications after Montgomery allegedly skewed credit. Montgomery, aged 86 and in poor health, had a known quarrel with his brother Lt. Col. Brian Montgomery over war strategies.
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London
Dwight Disenhower
Britain
Lord Montgomery
Carnelius Ryan
Europe
Ryan
Eisenhower
Montgomery
Brian Montgomery
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