Stock Market Closes Higher Amid Slow Trading
The Dow rises 7.87 to 702.90 as early losses fade and cautious buying returns. Trading remains light with profit taking easing, investors watching airlines oils metals and motors for mixed gains across the Big Board and American Stock Exchange listings.
MENTIONED IN THIS ARTICLE
David Burke
New York
Associated Press
Xerox
Natomas
Memorex
Mobil
Goodyear
Fairchild Camera
American Stock Exchange
Deltona
Syntex
Wilson
Milgo Electronic
New York Stock Exchange Dividend and Valuation Note
A garbled AP summary describes afternoon NYSE prices including high low and last, with confusing notes on dividends, liquidation, and tax treatment. It references 1849, paid scrip, and next day activity, with unclear figures and dates but signals dividend details and settlement timing across markets.
MENTIONED IN THIS ARTICLE
NEW York (Ap
New York Stock Exchange
Patan
Atharwite
Dactaratien Saariet
Aviva
Liquidatien
Catan Tn Gill
Eich Com
Nantes
Maryland Governor Bid Hangs On R. Sargent Shriver Decision
R Sargent Shriver, husband of Eunice Kennedy and former U S ambassador to Paris, said at a Charleston WV news conference he will likely decide next week whether to run for Maryland governor. Incumbent Marvin Mandel, a Democrat, currently holds the post.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
R. Sargert Shriver
Maryland
Marvin Mandel
New York Stock Exchange Noon Index Snapshot
Noon market update shows the Dow Jones Industrial Average at 4195.0, up 0.21. Transportation up 0.20 to 29,574. Utilities at 34.50 down 0.14. Finance and related sectors reported slight gains. overall index movements mixed as trading pauses midday.
MENTIONED IN THIS ARTICLE
Magnvox
Marcor
Marcor Wi
Mead Corp
MGM
Mobiliit
Mchasco
Monsen
Montdut
Monten
Mor-Nor
Motorola
Natcashr
Nat Distil
Newmat
NorfolkWst
Norrisind
Noamrkk
Nongas
NoStaPw
Se Northrop
Nwst Airl
Nwé Banc
Va Norton
NortSim
NEW York
American Stock Exchange
Aerojet
Ark Best
Arklgas
Asamera
Cinerama
Dixilon Corp
Felmont
Anatyha
Nawlaria
MouwDark
Tha Asgaeiatad Renee
Utility
Ccleetcenes
Piedmont Natural Gas files SEC registration for 11 million bonds
Piedmont Natural Gas Company announced a registration statement with the Securities and Exchange Commission for a public offering of 11 million dollars in first mortgage bonds due 1995. About 6.5 million of proceeds will repay revolving credit borrowings. The remainder funds the 1970 1971 construction program. Lane Co Inc of Alta Vista Virginia declares quarterly dividends of 25 cents per preferred share as of Sept 15 record payable Oct 1 and 12 cents per common share as of record June 15 payable July 1.
MENTIONED IN THIS ARTICLE
Piedmont Natural Gas Company, Inc
Securities and Exchange Commission
The
Lane Co., Inc
Altavista
Hutchens Elected Director of Southern States Industrial Council
John G. Hutchens vice president and treasurer of Big Bear of North Carolina, Inc. was elected director of the Southern States Industrial Council for North Carolina at the SSIC annual meeting in Sea Island Georgia. The council represents about 3000 member firms employing over three million people.
MENTIONED IN THIS ARTICLE
John G. Hutchens
Big Bear of North Carolina, Inc
Southern States Industrial Council
North Carolina
SSIC
Sea Island
Georgia
Honeymoon Begins With Car Fire in Charlotte
Michael Craig and Kathy Lee James married at Enderly Park Baptist Church. After the reception they found their car filled with smoke from a prank back seat cigarette and a smoke bomb, causing a fire that delayed their honeymoon trip to Miami until Monday.
MENTIONED IN THIS ARTICLE
Charlotte
Michael Craig
Kathy Lee James
Thomas L. James
Wartime price controls and public support shape postwar policy
The author argues that wartime controls risk fiscal laziness and worsen supply demand imbalances. He notes wartime public and congressional support was essential for effective controls, unlike in peacetime reuse after Pearl Harbor. Historical price ceilings, their crumble after V E and V J Days, and Korea show how government action in price stability fluctuates with wartime events. The piece cites OPA's rise and fall, subsequent inflation, and the mix of ceilings and stabilization efforts in the early 1950s.
MENTIONED IN THIS ARTICLE
Truman
Congress
Pearl Harbor
OPA
Red China
Entoy
Office of Price Stabilization
GTIs Budget To Be Viewed On Thursday
Jamestown Guilford Technical Institute will review the county portion of the 1970 1971 budget at the June board meeting. Dr R Medlin GTI president said county funds cover maintenance and building upkeep while the state portion for salaries and general costs has been approved. The board will nominate officers for the year at 8 am in the Classroom Library Building. Current chairman is Johnne of High Point. A building program progress report and campus activities report are on the agenda.
MENTIONED IN THIS ARTICLE
Jamestown
Guilford Technical Institute
R. Medlin
GTT
Guilford County
Johnne
High Point
Grant Acknowledges Two School and Town Grants
Raleigh AP reports the Appalachian Regional Commission approved a $266,000 federal grant to build a vocational education facility at Franklin High School and a $240,000 grant for Taylorsville to upgrade its sewage treatment facilities.
MENTIONED IN THIS ARTICLE
Raleigh
Appalachian Regional Commission
Franklin High School
Taylorsville
Senate Reveals Secret U S Thai Money for Troops Pact
A Senate subcommittee released testimony showing a secret agreement under which Bangkok sent 10 000 Thai troops to Vietnam in exchange for 200 million in U S aid. The pact signed at ambassadorial level in 1967 covered training equipment and overseas pay plus missiles and a 30 million boost to aid modernization.
MENTIONED IN THIS ARTICLE
Washington
Senate
United States
Thailand
Bangkok
Vietnam
Saigon
South Vietnam
Missouri
Stuart Symington
William P. Rogers
Cambodia
U. S
Marcus Welby and Room 222 Lead 1970 Emmys With Three Wins
The 22nd National Emmys honored Marcus Welby M D and Room 222 with three awards each. William Windom and Hope Lange added wins from canceled shows, while Robert Young and Peter Ustinov each earned a third Emmy for Marcus Welby and A Storm in Summer respectively.
MENTIONED IN THIS ARTICLE
Marcus Welby
Room 222
Young, Ustinov
Gene Handsaker
Associated Press
Hollywood
William Windom
Mrs. Muir
Hope Lange
ABC
NBC
Miss Lange
Robert Young
Peter Ustinov
Young
James Bro
Lin
Ustinov
National Academy of Television Arts and Sciences
Century Plaza Hotel
Los Angeles
Carnegie Hall
New York
Dick Cavett
U S Officials Meet Lon Nol in Phnom Penh
A 13 member Nixon fact finding team led by Herb Kleinseidne and Raymond Shafer flew to Phnom Penh to meet Premier Lon Nol. The meeting details were not disclosed as the group continues its four day Vietnam visit and will prepare findings in Hawaii for Nixon.
MENTIONED IN THIS ARTICLE
Michael Putzel
Associated Press
Saigon
Nixon
Phnom Penh
Lon Nol
Cambodia
White House
Herb Kleinseidne
Raymond P. Shafer
Pennsylvania
Lloyd M. Rives
Shafer
Hawaii
Vietnam
Klein
Robert E. McNair
South Carolina
Ieham
Mekong
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