Market recovers from early losses amid Penn Central worries
New York stock market trims sharp early decline as Penn Central bankruptcy fears spurred initial selling. By noon the Dow Jones industrial average stood at 697.70, down 0.41, with decliners outpacing gainers on the NYSE and ASE. Major issues showing moves included Milgo Electronics, Saxon Industries, Deltona, Equity Funding, and American Electric.
MENTIONED IN THIS ARTICLE
New York
Dow
Penn Central
New York Stock Exchange
American Stock Exchange
Milgo Electronics
Saxon Industries
Deltona
Equity
Alamera Oil
Associated Press
American Electric
American Telephone
Litton Industries
Lum’s
Polaroil
New York Stock Exchange afternoon price snapshot
The AP reports afternoon quotes from the New York Stock Exchange showing numerous tickers with varied percentages, including Cessna, Mead Corp, Merck, CocaCola, Motorola, and General Electric among others, reflecting mixed gains and losses across multiple industries.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Fragmented stock table with multiple firms and rates
A dense OCR of a stock listing page shows numerous tickers and figures for companies such as Alcoa AvonPooled, General Electric, Gulf Wind, Halliburton, Honeywell, IBM, and St. Regis with varied percentages, prices and change figures. The fragment includes percentages, price points, and line items across energy, metals, and industrials, typical of a historical market snapshot.
Stock market closes mix as bonds and rails tally gains
Reading shows bond averages and industrials mixed with gains for rails and utilities. Major components listed include Kaiser, General Electric, Kroger, Lockheed, Textron, US Steel, Union Pacific, and Uniroyal among others with varied percent changes and weekly, monthly, and yearly figures.
MENTIONED IN THIS ARTICLE
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T&t
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Joy Mfg
Kaiser al Kan GE KanPwLl
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Lockheed
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Sun Oil
US Steel
Upjohn
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WarLam
Air Lin
Dow Jones Averages Decline and Mixed Stock Activity
The report notes Dow Jones averages with varied movements across sectors. Transportation and railroad groups show modest gains while utilities and industrials reflect mixed results.
Space Station Plans Rise From Soyuz 9 Flight
The article outlines Soviet aims to build an interim orbiting station by linking Soyuz craft and adding unmanned sections. It contrasts U.S. Skylab plans with a large, long term station and a shuttle system to support 50 to 100 crew members.
MENTIONED IN THIS ARTICLE
U.S
United States
Space Agency
White Printing Co Formed by Larry and John White
Larry White and his father John White form White Printing Co at 308 N Main St. Larry, managing the new firm, says it operates from the same building as Instant Copies Inc, which he has run for about 30 years. The company will handle all types of printing due to growing demand.
MENTIONED IN THIS ARTICLE
White Printing Co
Larry White
John White
N. Main St
Instant Copies, Inc
Hanes Corp Declares 12% Dividend For Shareholders
Hanes Corp directors declare a regular quarterly dividend of 12 cents per share on common stock. Payment set for Sept. 10 to shareholders of record as of Aug. 20, in Winston-Salem.
MENTIONED IN THIS ARTICLE
Winston-Salem
Hanes Corp
Tuseday
Hormone DES Sparks Beef Quality Dispute Among Packers
Los Angeles packers complain DES stilbestrol softens and waters beef reducing marbling while government officials say DES meat is as high quality as untreated meat. Industry and academic sources note moisture changes may occur early but fade after 100 days on feed.
MENTIONED IN THIS ARTICLE
Los Angeles
Cal Santaro
Western States Meat Packers Association
Joseph Stein
Agriculture Department
Ely Lilly & Co
Des
California
Iowa State University
Dubcek reform era sees Cernik resignation and asylum request
Key reform era figures shift as former premier Oldrich Cernik resigns as chair of the federal technology and investments committee amid party suspension. Danish reports say Czechoslovakia’s ambassador Anton Vasek seeks asylum in Copenhagen amid Prague purge signals, while Dubcek’s downgrade begins with Svoboda’s replacement by Gustav Husak in 1969.
MENTIONED IN THIS ARTICLE
Dubcek
Oldrich Cernik
Cernik
Federal Committee On Technology and Investments
Denmark
Anton Vasek
Prague
Copenhagen
Vasek
Os Dubcek
National Assembly
Svoboda
Communist Party
Gustav Husak
Church May Cut Ties With Colleges
The Presbyterian Synod of North Carolina opened its annual conference by accepting a report that meaningful relations between the church and its church related colleges can exist without legal ties. It noted funding issues and state attitudes toward church schools and sent the report to school boards for study.
MENTIONED IN THIS ARTICLE
Burlington
N.C
Presbyterian Synod of
North Carolina
North Carolina Synod
Fashange Queens
St. Andrews
Union Theological Seminary
Richmond
Robert Turner
Charlotte
Davidson
B. Frank Hall
Synod
KKK Offers Reward For Information In Durham Bombing
The Durham County chapter of the United Klans of America offers 100 dollars for information leading to arrests and convictions in the Monday bombing of the Your Own Thing theater a venue run by the Youth Organization for Community Action. Police say dynamite caused the blast and have few clues. C P Ellis, Durham Klan president, says the reward shows the group’s stance against violence and destruction.
MENTIONED IN THIS ARTICLE
Durham
Durham County
United Klans of America
Ham
Youth Organization For Community Action
Durham Ku Klux Klan
C. P. Ellis
Ellis
Scalped Girl Seethes Over Truck Grim Accident
Carolyn Bullard a 16 year old Indian girl from Raeford is hospitalized with scalp injuries after her hair was caught in a pulpwood loader on a truck. Her father James Bullard lost his left eye when a broken cable struck the cab during the unloading. The family relies on the truck for income and contemplates selling it.
MENTIONED IN THIS ARTICLE
Fayetteville
N.C
Carolyn Bullard
Raeford
Carolyn
James Bullard
Bullard
Cape Fear Valley Hospital
Missing Youths Back Unharmed
Edward Wells and Randy Moe both 15 hitchhiked from the Great Smoky Mountains after vanishing Sunday during a Wells family outing. A large Tennessee search followed before the boys telephoned from Columbus to say they were safe and apologized.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Tennessee
Edward Wells
Randy Moe
Wells
Great Smoky Mountains National Park
Franklin County
Harry Davey
Gatlinburg
Tenn
Abernathy Claims Ballots Used Illegally in McMillan Runoff
Civil rights leader Ralph Abernathy says SCLC workers report hundreds of official ballots circulated before the runoff in which Rep John L McMillan defeated challenger Dr Claud Stephens. He calls for a Justice Department inquiry and predicts the election may be set aside.
MENTIONED IN THIS ARTICLE
Columbia
S.C
Ralph David Abernathy
John L. McMillan
Abernathy
Southern Christian Leadership Conference
SCLC
McMillan
Claud Stephens
Kingstree
U.S. Justice Department
United States
Department of Justice
House District of Columbia
Verbena Delee
Leonard Freeman
Ridgeville
Miss Delee
Victoria Delee
Leonard
Dorchester County
Justice Department
Dorchester
Death mystery deepens in Nancy Morgan case
Investigators seek why 24 year old VISTA worker Nancy Morgan died without a struggle after being found strangled in her car near Madison County. Autopsy notes rope strangulation, no signs of beating, sex within 24 hours. Questions include if death preceded placement in car and how the suspect left the secluded scene. Mars Hill College hosted SBI inquiries as colleagues and friends were questioned. Morgan, from Baton Rouge, studied homicide texts while awaiting nurses training in New York.
MENTIONED IN THIS ARTICLE
Madison County
VISTA
Atlanta Vista
Mars Hill College
SBI
Morgan
Baton Rouge
New York
Shelton Laurel House
Martin Wolfgang
Original UN Charter needs updating says Romulo
Philippine Gen. Carlos P. Romulo, survivor of the charter’s signers, told reporters in San Francisco the document lacks teeth and needs updating for enforcement. He urged adherence to decisions of the International Court of Justice and noted changes since 1945. Japan and other nations may push for revision when the General Assembly opens in New York in October.
MENTIONED IN THIS ARTICLE
San Francisco
Carlos P. Romulo
U.N
Romulo
United Nations
General Assembly
International Court of Justice
United States
U Thant
Thant
Japan
New York
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