Modest market dip follows gains as rates loom
The stock market softened amid moderate volume as fears of higher interest rates and profit taking weighed on trading. The Dow fell 3.45 to 919.61 while the AP 60-stock average slid 1.0 to 324.3 with declines led by rubber, mail order, farm, and tech shares. notable blocks included Melville Shoe and National Cash Register.
MENTIONED IN THIS ARTICLE
New York
Associated Press
New York Stock Exchange
du Pont
Melville Shoe
National Cash Register
Natomas
Sumatra
American Stock Exchange
Savoy Industries
Breeze
Garcia
NASD OTC Bid-Asked Quotations At 11 A.M Update
NASD over-the-counter bid asked quotations reflect representative inter-dealer prices as of about 11 a.m. Markets vary through the day and prices exclude retail markups markdowns or commissions.
Dow Jones Averages Chart Confusing Skim Of Stocks
Financial brief notes show Dow Jones Averages with mixed figures for Industrials Transportation and Utilities. The fragment lists numbers like 919.61-3.45 and 641,25 amid unclear labels and repeated headings.
MENTIONED IN THIS ARTICLE
Penerewe Peeneree
Industrals Senssevceses
New York Stock Exchange Indexes Update
New York AP reports trading activity as markets ease with the Dow and sector indexes slipping slightly. Industrial falls 0.13 to 69.05, Transportation down, Utilities near 560.09, Finance steady with minor loss.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Transportation Eas
Finance
Feoktistov Discusses Soyuz 11 Salute Docking Systems
Feoktistov outlined cockpit layouts with control panels and signaling gear in the Soyuz type craft. He noted new docking collars for Soyuz 11 and Salute enable tighter, hermetic seals and closer butt joints after docking. Orbital stations may house several crew for months to a year, with capable rockets to launch full stations without in-space assembly.
MENTIONED IN THIS ARTICLE
Feoktistov
Outer Space
Stephenson Joins WGHP-TV as Account Executive
Larry W. Stephenson, a Winston-Salem native and UNC Chapel Hill alumnus, becomes account executive at WGHP-TV High Point. He previously worked as a local sales representative for an NBC affiliate and lives with wife Gene Hutchins and two children at 1249 Wedgewood Drive in Winston-Salem.
MENTIONED IN THIS ARTICLE
Larry W. Stephenson
Wghp-Tv
High Point
Stephenson
Winston-Salem
University of North Carolina At
Blue Bell Calls Redemption on Convertible Preferred Stock
Blue Bell, Inc. of Greensboro announces redemption of all outstanding 4 percent cumulative convertible preferred stock at $104.75 per share plus accrued dividends to date totaling $105.53. Holders may convert to common stock until close of business on the redemption date, with each preferred share convertible into 2.83 common shares.
MENTIONED IN THIS ARTICLE
Cerro Cp
Metyo Sho
Cert-teed
Cessna Air
Merck
New York
Ohio
Microdot
Aerojet
Chris Craft
Chrysir
Ark
Monsant
Arklgas
Clark
Montdut
Asamera Oil
jClevEtti
Mont Py
CocaCol
MorNor
Atlas Co
Colg Pal
Wotorola
Barnes Eng
Collins Rad
Barnwes Indio
Coloinist
CBS
Colu Gas
Nabisco
Certron Cp
Cinerama
Nat Distil
Dillard
Nat Fuel
Nat Geni
Dixilyn Corp
Connatg
Felmont Oil
Cont Corp
Frontier Air
Gen Plywood Va
Mortoll
Instrum Sys Tl Corp
CPC
Va Norris Ind
Bia
Jamesway
Va Jetronic Ind
Crown Co K
Va Jupiter Cp
NoStaPw
Cudahy
Northrop
A Kin Ark Corp
Nwst Airl
Kingsford
Norton
Lafay Radio
Dan River
Nort Simon
Dart
Ling Tvat
Tyaycocp
OhioEdis
Marshal Ind
McCrory
A Deere Co
Okla GE
Midw
Va del Mnte
Okla Ngs
Milgo Elect
Delta Air
Olin Corp
Newldria Mn
Denny Ast
Omarkin
Ve NewPark Mn
DetEdis
Otis Elev
Nor Cdn Oils
Permaner Mu
Phoenix
PacPetri
Dressind
PacPwLl
Duke Pw
Pac
T&t
duPont
Panams
PanAm WaAir
Dynam Am
Panh EP
Echlin Mf
PennzUn
Tesoro Pet
PepsiCo
Eg&g
Pfizer
Theo
EltraCp
Phelps D
Viewlex
Emer el
Phil
Pitney B
Wilshire
Yates Ind
Va Fanstee! Inc Kb W
Zim Hom
Associated Press
Fedders
FedDeptStr
Pullman
Fla
Questor
FMC Cp
Ae Ralston P
Food Fair
Banco Inc
Raytheon
Reading Co
Reich Ch
Exchange
Igac Co
Republi
Devion
GAF Corp
Gam Sko
Va Reyn Ind
Gannett
GenMills
Admiral
AetnaLfe
Safeway 1A
Gen Tire Ib
Stregisp
Sanders Asso
Gettyo
Gillette
SanFeint
Allied Ch
Glen Alden
Schentey
jedStr
Global Marin
ScherPig
Goodrich
SCM Corp
Allis
Alcoa
Goodgr
Bod
Scoa Ind
Scott Paper
Airlin
Shell
I Signal Co
SierCo
Sony Cp
SouthrnRy
Vel Sorry
HoernWal
Squibb
Hoff Electra
Val St Brands
Ampex Corp Anaconda
Hobdyinn
Std Kollsman
Beatabaron
Stevens
hidanoPw
StudWwor
Ideal Bas
Suncil
Swift Co
Avco
Inger Rand
lInland Sd
Tampa
Oor Tektronix
Babck
E Teledyne
Meint Mineral
Va Telex Co
Tenneco
Texaco
Bendix
Tek Corp
Texasinst
Sowa — Ve On Dela Textron
Thiokol
JohnMan
JohnJon
Hale Tan Thrift Or
TimesMir
Boeing Co — Ma JonLogn
Timken
BolsCas
A . JonLang
Jostens
BorgWar
Unkr V8
Kresge SS
UN Carbide
LearSieg
Hitn Pac Co
Lehpcerm
Union Pacit
LeaVal Ind
Uniroyal
ampRik
Libbofd
Taidae
PLI
CarrierCp
LingTern Wi
Gyosm
Lockheed Air
Alus PlyCh
Loews Corp
Univolp
Univer
Ed Upjohn
Lucky Sirs
Varian Assoc
LVO Corp
Lykes Yngst
MackeCo
WarLam
Macy RH
WatnAir
Magnvox
Wn Banc
WnUnion
Marcor
Ie Mia
Nead Corp
Woolwich
Xerox Cp
Zale Corp
Zenith R
Blue Bell, Inc
Greensboro
Lockheed Rescue Push Faces Senate Demands
Sen. Proxmire vows a public accounting of Lockheed’s finances from Treasury Secretary Connally as critics warn a government loan guarantee is vital. Connally cautions that delays beyond 40 days threaten Lockheed’s cash needs and could endanger the TriStar program and thousands of jobs. Lockheed reports 1971 first quarter earnings at 8.3 million dollars after 3.0.
MENTIONED IN THIS ARTICLE
Washington
Senate
Nixon
Lockheed Aircraft Corp
William Proxmire
Dwis
Treasury
John B. Connally
Lockheed
Congress
Proxmire
Connally
Senate Banking Committee
America
Copper IUD delays marketing amid FDA safety review
The FDA may delay Searle's Cu-7 copper IUD plans this summer as agency considers safety and efficacy evidence. Research teams in Sweden, Peru, and the US report promising results, while questions remain on copper absorption and dosage. Alta Corp. also plans a hormone-releasing IUD within two years.
MENTIONED IN THIS ARTICLE
Sweden
Peru
United States
Iud’s
Thomas P. Carney
Washington
G.D. Searle
Food and Drug Administration & Co
FDA
Walter
Searle
California
Alta Corp
Fcrmed
Soft Drink Tax Repeal Vote Planned in Raleigh
The North Carolina House Finance Committee planned to vote today on a bill to repeal the one cent soft drink tax. Introduced Feb 26, the measure followed a May public hearing and parallels another proposal to raise the tax to two cents. The tax was enacted by the 1969 General Assembly.
MENTIONED IN THIS ARTICLE
Raleigh
House Finance Committee
North Carolina
Sneed High
Cumberland
Perry Martin
Northampton
General Assembly
Churches protest Davis Defense Fund gift in Kansas City
The First United Presbyterian Church of Kansas City Kansas protested a $10,000 donation from the church and race council to the Angela Davis Defense Fund. The resolution denounces Miss Davis as an avowed Communist who advocates violent overthrow and questions the need for the grant.
MENTIONED IN THIS ARTICLE
Kansas City
Kan
First United Presbyterian Church
National Church Council
Angela Davis
U.S
Missouri‘Kansas
Jefferson
City
Cholera Epidemic Strains Bengali Towns and Supplies
Cholera sweeping refugee districts of West Bengal cuts mass burials and shortages of police. Krishnagar and Nadia district report over 1,000 deaths, with 4 000 total lives lost and fears of water contamination by rivals across the border. Hindu and Muslim burials merge in mass graves as river protection strains police resources.
MENTIONED IN THIS ARTICLE
Krishnagar
India
West Bengal
East Pakistan
Nadia
Calcutta
D. K. Ghosh
Bahadurpur
Shesh
Justices Split Over Public Interest and Libel Standards
The article describes a five vote majority on a libel case with Justices Brennan and White in key positions. It notes Brennan’s view that the public private distinction is artificial and that all individuals are, to some degree, public. It also mentions Douglas’s knowing bias against libel suits and Clark’s involvement with Rifkind.
MENTIONED IN THIS ARTICLE
Harry A. Blackmun
Brennan
Hugo L. Black
White
Thurgood Marshall
Potter Stewart
John M. Harlan
William C. Douglas
Ramsey Clark
Rosenbloom
Clark
Simon H. Rifkind
Douglas
House
Rifkind
Also Mentioned on This Page
Stock Market Report
American Exchange
Maria
A.P. Stocks
Ind
Util, Fon. L
Soviets
Blue Bell
Lockheed Accounting
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
N.C
Okly
Ward-Griffith Company
National Advertising Representatives
Davis
RS. Dickson, Powell, Kistler & Crawford
New Y York Stock Exchange, Inc
Ip American Stock Exchange
N. Main Street