Market drifts lower as investors await rate moves
The noon Dow fell 1.96 to 828.30 as trading stayed light. NYSE showed more declines than advances while investors awaited bank loan and rate figures later in the week. American Exchange index slipped 0.49 to 82.84 amid losses in Instrument Systems and Denvill Communities. Ford dropped 0.5 and Gold stocks retreated as prices fell overseas.
MENTIONED IN THIS ARTICLE
Josh Fitzhugh
NEW York (Ap
New York Stock Exchange
John Doherty
Blyth Eastman Dillon
J. P. Morgan
Schering Plough
ASA, Ltd
Campbell Red Lake
Dome
Ford Motor
Big Board
High Point Enterprise listed details and rates
The High Point Enterprise tariff sheet outlines publication status and operations. It notes establishment in 1884, staff as an independent newspaper, and AP membership with subscription and mailing rates for daily and Sunday editions. It also states delivery arrangements and advertiser contacts.
MENTIONED IN THIS ARTICLE
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
AP News
Post Office
Focal
Word-Griffith Company
National Advertising Representatives
Stock Dividend Footnote Codes and Ex-Dividend Terms
Unclear table notes explain dividend terms and footnotes for American Exchange securities. It lists codes like a b c e h k n r p hs and others, defining annual disbursements, liquidating dividends, stock dividends, ex dates, and special payments. It references in bankruptcy, foreign issues, warrants, and rights.
Housing setback blurs hopes for 1970 recovery
Housing economists grow discouraged as dwindling building permits signal a slow rebound. Starts may average 1.2 million monthly before bottoming, with total 1.5 million for the year, 1.0 million below earlier forecasts. Inflation psychology eyed as main culprit, while Nixon programs to subsidize mortgages begin to take effect.
MENTIONED IN THIS ARTICLE
Michael Sumicrast
National Association of Home Builders
Maryland car theft ring indicts 24 in multi-state case
Twenty four people face federal indictments for transporting stolen vehicles, conspiracy, and bank fraud tied to a Baltimore centered ring. Cars were altered in North Carolina then sold in Virginia North Carolina South Carolina and Pennsylvania.imestamps and names are listed for arrested defendants and other indicted individuals.
MENTIONED IN THIS ARTICLE
New Bern
N.C
Baltimore
Edward J. Krupinsky
FBI
Charlotte
Krupinsky
North Carolina
Virginia
South Carolina
Pennsylvania
Nixon shifts Middle East strategy and strains Israel ties
An article notes Nixon with a kaffiah cover caption calling him a convert as Arab Israeli strains grow after a U.S. nuclear pact with Egypt and a later similar accord with Israel. Kissinger frames a polarized region shifting toward Arab outreach and ongoing US mediation.
MENTIONED IN THIS ARTICLE
Page TA
Beirut
Nixon
Israel
Yitzhak Rabin
Egypt
Middle East
U. S
White House
U.S
Henry A. Kissinger
Soviet Union
United States
Kissinger
Syria
Israel Attacks Lebanon as Nixon Tour Enters Final Stage
Israeli warplanes bombed guerrilla strongholds in southern Lebanon in a 15 minute raid marking a second day of strikes after Nixons Middle East visit. Beirut reports casualties from prior raids. Israel plans further disengagement moves with UN forces in the Golan Heights area.
MENTIONED IN THIS ARTICLE
Marcus Eliason
Associated Press
Jerusalem
Lebanon
Nixon
Middle East
Israel
Jordan
Azores
Egypt
Saudi Arabia
Syria
Shamir
Beirut
Rachaya Foukhar
Arkoub
Golan Heights
United Nations
NATO Nations Reaffirm Pact In Ottawa Declaration
Fifteen NATO members pledged to renew dedication to their 25 year old pact. Foreign ministers adopted a Declaration of Atlantic Relations to be signed in Brussels on June 26, ahead of Nixon Brezhnev talks in Moscow. A key paragraph on consultation followed a Kissinger Sauvagnargues compromise amid earlier Allied disagreements.
MENTIONED IN THIS ARTICLE
Endre Marton
Associated Press
Ottawa
Atlantic Alliance
North Atlantic Treaty Organization
United States
Brussels
Nixon
Moscow
Leonid I. Brezhnev
Henry A. Kissinger
Jean Sauvagn
Art Gallery Robbery Reported in NAGS HEAD
An art gallery owner reports thieves entered the shop on Monday and stole a collection valued at a conservative 380000 dollars. The loss, not insured, includes a Ming Dynasty jade dog and paintings by Picasso Rembrandt Durer and Daumier. Chester Smith and three family members slept in their apartment above the shop when the theft occurred. The theft was not announced until Tuesday. The gallery sits on the stormy Outer Banks, a known risk area for high winds and rough seas.
MENTIONED IN THIS ARTICLE
Nags Head
N.C
Chester Smith
Smith
Picasso
Rembrandt
Durer and Daumier
Explosion at Laurinburg Milling Hospitalizes Eight
LAURINBURG AP Eight workers were hospitalized after an explosion and fire at Laurinburg Milling Company. The blast, likely flour dust ignited by a welder's torch, damaged the roof and caused small fires that were put out. Eight people suffered very serious burns. three were moved to North Carolina Memorial Hospital and later to Baptist Hospital in Winston-Salem as their conditions were not released. Fourteen were injured in total, but eight required hospitalization.
MENTIONED IN THIS ARTICLE
Laurinburg
Laurinburg Milling Company
Robert Martin
Scotland County Memorial Hospital
North Carolina Memorial Hospital
Chapel Hill
Baptist Hospital
Winston-Salem
Martin
Price-Cost Squeezes Hit Feeders in South Dakota
VALLEY SPRINGS, S.D. AP The last 10 months brought plummeting prices and rising costs for Dwayne Bly and thousands of livestock feeders. Since September prices fell about 40 percent while costs surged. fuel near 7,500 to 14,000 this year, January February corn outlays 65,000. Government beef price ceilings trimmed profits, pushing margins to 10 15 per head as numbers swelled. Bly, 31, and his feeder operation in southeastern South Dakota, says the industry faces a double squeeze with little margin to spare.
MENTIONED IN THIS ARTICLE
Valley Springs
S.D
Dwayne Bly
Bly
South Dakota
Auto Accident Claims Life Near Plymouth
A 52 year old man identified as Noah Cleo Oakley of Rt. 1 Plymouth was killed in an early morning crash on North Carolina 32 about seven miles south of Plymouth. Investigators said his car left the road, crossed the highway, and struck a culvert.
MENTIONED IN THIS ARTICLE
Plymouth
N. Cc
N. C
State Highway Patrol
Noah Cleo Oakley
Rt. 1
Also Mentioned on This Page
Stock Market Report
New York
Uae
Toe
Natsemien
NotTea
Natomas
Univoi
Th Ve Garian
NorthWas VetcoOush
ChrisCraft
Northro
Viener
NwstAil
Helerton
NorSim
WhelFry
Iam
WmstCos
Ae Comsat
Oweniit Ito
AirLin
PepsiCot
CrownBork
Crwzelll
Philaeli
PhilipMo
Disney
DowCh
Quaksto
Dressers
Questar
Ma —H Duponts
Ralston P
Ovglett
Rano
RapidAmtoe Wa
EastAirLin
Bla Raythen
EasKod
le AY & F
Eaton
RdgBate
Echlin
Calm
Bao Evans
Salewz
Rails Util
PMC
Ford
Laws Herw Wi
Freepm
Bae Ya Signal Co
We Singer
Foe. L.vd. Gpubwt
Sperryr
GerberPoll
GlobalMor
Stevens
ReinaLel
Yo Alrco
Akzana
Vva
Wai AleanAll
Tampae
GrGiant
Sa Tektronx
Enncol
Gulf
AMBAC
I. Texa v
AmBocst
Thiojal
Acysnlag
Heydlen
Homestica
AmSitand
RauseFind
Idaho
AmpexCorp & Ae
Unirayal
ArimstCk
Amelve
AllasCorp
Agnetine
ntPapl
Ida
AMA
F — Exchange
Dewel C
Bell How Td
Tva
VedhaManl
Boeing
Kennecott
Kerr MG
EspeyMig
Kresges
Va FedResrees
Aie Ma Kroger
FrontierAir
LearSieg
Aoa
Gresre
LehValind
Wa Lehmal
GiBasinPer Sa, A Ae 24 . LevitzFurn
Mae Hormelg
A InstrumSys
Darmsny
Latay Radio
O Corp
Loew Thewt
Ctvcorpwi
McDonalds
Phoenixsil
Magrck 1.40 32 110 Ti Wa Ah Resrtsinia 32 2 2 Zia
MGM
Texasintco
Dow-Jones
Windus
Sete Oy
ioPublic Utilities
Windustrials
API
Market Deere
Eeeepee
D.se
Senate
Marshall Kaplan
Federal Home Loan Bank Board
Lynn
Maryland
Guy Dixon Jr
Black Jack
Lennie Stroud
Kinston
Ruben Carroll Stroud
Ernest Harrell
Farmville
John Boykin
Walstonburg
Lewis Stocks Jr
Greenville
Steve Harris
Donnie Braxton
Woolard
Ayden
John Bowen
Leslie Thomas Dixon
Thomas P. McNamara
George Watson
William Thurmond Simmons
Lonnie McDonald
Robert Lee Horton
Rodney Black
Sonny Horton
Roy Lee Wooten
Ft. Lauderdale
Fla
Charlie Harding Purser
Vanceboro
Ronnie Barr
Randy Barr
Chocowinity
Tel Shams
U.N
NATO
Carowinds
TCU