Wall Street gains as prime rate outlook boosts market
New York AP report notes the Dow up 2.97 to 833.15 with more advancers than decliners. Bank of America chief A W Clausen says the prime rate may turn downward, aligning with forecasts that loans to big business could fall to 7 to 8 percent by year end. Universal Oil Products active. CNA Financial slides. Airwick up on Airwick-Ciba-Geigy deal talks.
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A.W. Clausen
Bank of America
Walter B. Winston
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Universal Oil Products
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CNA Financial
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Loews Corp
Loews
Amex
Airwick Industries
Ciba-Geigy Corp
Airwick
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Scoainam
SK Caatlec
Seatina Se
Ebsiab
Searle Ab
Kroger
Searsl
Searsleg
Snell
Signatcyso
Boulhcol
Telexco
Veuve TV
McDonalds
Texaco
Curtis W
GAC Indi
Eastairtin
Atewell
Eatony
Upjohn
Siva BK
WWE
Owen
Associated Press
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Gtiret
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GlobalMarc
Pfizer
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New York Stock Market Faces Mixed Day on Exchange
A late afternoon snapshot shows fluctuating shares with notable activity in Goodyear, McDonalds, Texaco and Coca Cola among others. Investors weigh dividend figures and earnings prospects while several major companies report varying movements in price and volume.
NASD Interdealer Quotes From Hutton Office
Quotations from the NASD represent representative inter dealer prices as of about 11 a.m. Markets fluctuate through the day and prices shown exclude retail markups markdowns or commissions. Information supplied by E. F. Hutton Co Inc High Point office.
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High Point
E. F. Hutton & Co. Inc
Edwards Withdraws Candidacy for Attorney General
Former State Sen. Elton Edwards of Greensboro withdraws from the Democratic race for state attorney general citing a wish to spend more time with family. He notes the crowded field did not affect his decision. Edwards served in the legislature from 1965 to 1970.
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Elton Edwards
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Nixon
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D Day ceremonies mark 30th anniversary in Normandy
War veterans and officials from seven nations gather at the U.S. military cemetery near St Laurent for the 30th anniversary of D-Day. Gen Omar Bradley heads the American delegation as about 1,500 Allied veterans attend the largest observance yet. Reenactments at Pointe du Hoc and a parachute jump into Ste. Mere Eglise with Alan Shepard as guest highlight the two day program.
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Associated Press
ST. Laurent
France
U.S
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Omaha Beach
Omar Bradley
Omaha
Utah Beach
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Pointe du Hoc
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Ste. Mere l'Eglise
82Nd
101St Airborne
St. Mere l’Eglise
Alan Shepard
Governors Endorse Ethics Endorsed by governors at national conference
The 66th National Governors Conference unanimously approved a broad ethics proposal demanding wide financial disclosure by public officials and campaign finance reforms. New York Gov. Malcolm Wilson urged scaling back, but his bid failed 16 to 9. The meeting stressed higher ethics amid Watergate and said states lead in reform and consumer protections.
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A&p Political Water Seattle
National Governors’ Conference
New York
Malcolm Wilson
Wisconsin
Patrick J. Lucey
William G. Milliken
Michigan
Starr Betting On No Reunion
London AP report says Ringo Starr will bet 1000 pounds the Beatles will not perform together again this year or ever. He spoke to reporters on arrival at London Airport from Los Angeles, declaring he is confident the band will not reunite.
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London
Ringo Starr
Semmesday
Los Angees
Nixon Welcomes Arab Delegation at White House Talks
President Nixon receives a high level Arab delegation at the White House amid renewed U S push to improve relations with Arab states. Gaylord Shaw reports from Washington that discussions focus on Middle East diplomacy and regional cooperation.
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Saudi Arabia
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Egypt
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Syria
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Henry A. Kissinger
Watergate coverup started early says Jaworski
Special prosecutor Leon Jaworski says the Watergate cover-up began almost from the discovery of the break-in. He claims Ehrlichman and Mitchell hid facts from investigators and used their knowledge to hinder the probe. The briefs prepare for the Sept. 9 trial with hearings next week on dismissals and venue.
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Mike Shanahan
Associated Press
Washington (Ap
Leon Jaworski
Nixon
Democratic National Committee
John D. Ehrlichman
John N. Mitchell
U.S
John J. Sirica
Jaworski
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Mitchell
FBI
Sirica
Patrolmen shot as standoff ends in fire at city house
An officer reported ill and needing ten dollars triggered a confrontation when McDonald was shot leaving a Northeast apartment. Carr fired from a window wounding two sergeants and three patrolmen as police fired tear gas or flames. Carr refused to surrender. hours later he exited amid flames and gas at 2:05 a.m. bystanders watched. The incident left several officers in serious or fair condition and a nearby bystander unharmed.
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McDonald
Carr
Nields
Andersen
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