Dow Dips as Banks Lift Rates in Market Slide
New York stocks fell as rates rose with banks boosting prime lending to 11 percent. Dow Jones average down 5.24 at 823.41 as volume leaders Travelers and McDonald’s slip while American Motors climbs on earnings forecast. Amex and NYSE composites ease amid bearish outlook from Baker Weeks.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Travelers Corp
NYSE
American Stock Exchange
McDonald’s Corp
Wall Street
Baker, Weeks & Co
Baker
Weeks
American Motors
New York Exchange Stock Prices Mixed Across Listings
Readable data shows numerous stock symbols and odd values from the New York Exchange. Prices vary with many entries like Alcoa, Ampex, AT&T, Boeing, and RCA along with numeric bids and last prices. The teletype style fragment lists numerous firms, percent changes, and odd formatting typical of a late era market page.
MENTIONED IN THIS ARTICLE
New York
API
New York Stock , Exchange
Airco
Akromal
AlldSirl
Gm Alconist
Amconz
Asmeinis
At&twt
AME Inc
Oly Amp Inc
AmpexCorp
Anacon
ApecoCorp
ArchDan
Armcol. A
ArmsiCk
Asndo
AsdDrG.ag
AtlasCorp
AvcoCorp
Agnetine
Bendix
Va Bengte
BethStrega
Boeing
Vbmate
Boise Cas
BoriNort
Unofficial American Dividend Figures and Footnotes
Unofficial sales figures and dividend rates are baseline estimates. The table notes explain regular and special distributions, annual disbursements, and abbreviations such as a for extra, b for stock dividends, c for liquidating dividends, h for after stock splits, kK for accumulative arrears, and other symbols indicating timing, warrants, ex-dividend, or foreign tax considerations.
Calleys Transfer Scheduled in My Lai Appeal
William L. Calley Jr. boarded an Army aircraft for transfer to Leavenworth after his My Lai murder conviction appeal was lodged with a federal judge. Judge J. Robert Elliott took the appeal under advisement after two days of hearings and denied bail. Calley’s defense cited command influence involving Gen Westmoreland, while prosecutors argued the killings were not in a combat context.
MENTIONED IN THIS ARTICLE
Columbus, Ga
William L. Calley Jr
My Lai
Leavenworth
Kaw
U.S. District Court
J. Robert Elliott
Calley
William C. Westmoreland
Westmoreland
South Vietnam
Army
J. Houston Gordon
Edward Newton
Calsey
My. Lai
Newton
Gordon
South Carolina
Melvin L. Laird
Secretary of the Army
Stanley Resor
High Point Enterprise Subscription Rates Show Prices
The High Point Enterprise lists home delivery and mail subscription rates for daily and Sunday editions, including monthly and weekly options. It notes tax, carrier independence, and AP affiliation while detailing postal and advertising arrangements.
MENTIONED IN THIS ARTICLE
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
Wkly
AP News
Post Office
Ward-Griffith Company
National Advertising Representatives
SEC probes Home Stake case linked to Heublein and Western Union executives
The SEC case centers on Tulsa based Home Stake Production Co an insolvent tax shelter oil drillers. Executives including John G Martin of Western Union and Ralph A Hart of Heublein earn substantial sums while lawyers and others face scrutiny. The Journal notes possible federal grand jury action and a court injunction by Home Stake founder Robert S Trippet who says he acted in good faith. Garland recounts deceptive drilling on a California vegetable farm with painted irrigation pipes and mixed results.
MENTIONED IN THIS ARTICLE
Western Union
John G. Martin
Heublein Co
Ralph A. Hart
Heublein
Henry J. Fox
Washington
Earl W.kintner
Richard S. Storrs
Tulsa, Okla
Tax Shelter Oil-Drilling Company
SEC
Home Stake
Tulsa
Journal
Los Angeles
New York
Oklahoma Oil
Robert S. Trippet
the Journal
Harvey L. Garland
Santa Marta
Calif
Garland
House Votes To Cut White House Staff
The House approved a bill to reduce top paid White House posts citing growth of aides. Nine positions would shift to lower grades, with payroll totaling 11.2 million dollars, amid partisan bickering over Nixon era staff roles and a separate 5.5 billion funding measure moving to the Senate.
MENTIONED IN THIS ARTICLE
House
White House
Washington
Nixon
Roy Ash
Office of Management of Budget
Senate
General Accounting Office
Congress
GOP
Leslie Arends
Office of Management and Budget
Duke power rate structure reviewed in NC hearing
The North Carolina Utilities Commission heard staff testimony on Duke Power Co. seeking a 16.8 percent rate increase. The hearing runs through Friday with a July 21 continuation for three more days of testimony. Changes would raise large industrial rates more than residential, while Duke argues it loses money on small customers. Dr. Robert M. Spann testified that costs should be assigned to each customer, warning that excluding some would raise others' rates.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina Utilities Commission
Duke Power Co
Ed Hipp
Commission
The
Utilities Commission
Duke
Robert M. Spann
VPI
Steve Griffith
Witness list near for public or private judiciary inquiry
The inquiry panel weighs public versus private hearings. Four witnesses proposed by Republicans and four by Democrats are listed, with additional suggestions likely at the meeting. Democrats favor hearing Alexander Butterfield Herbert Kalmbach Henry Petersen and Charles Colson among others.
MENTIONED IN THIS ARTICLE
Alexander Butterfield
Nixon
Herbert Kalmbach
Asst. Atty
Henry Petersen
White House
Charles Colson
Ehrlichman and Watergate figures face multiple charges
Ehrlichman a Seattle lawyer turned aide faces one count of lying to the FBI and three counts of making false statements to a grand jury. The case centers on the Ellsberg Pentagon Papers and the Watergate operation. Key witnesses include Colson and Hunt with GOP figures named as potential witnesses. Rodino says public material will include evidence from Nixon impeachment lawyer James D. St. Clair.
MENTIONED IN THIS ARTICLE
Ehhrlichman
Seattle
FBI
Nixon
Eillsberg
Pentagon
Ellsberg
Mr. Ellsberg
Ehrlichman
Egil Krogh
David R. Young
Henry A. Kissinger
Liddy
E. Howard
Rodino
James D. St. Clair
Reagan to Speak in Charlotte for GOP rally
California Governor Ronald Reagan will headline a September 14 Republican rally in Charlotte backing GOP candidates in the fall elections. A spokesman for Sen. Jesse Helms confirmed the appearance, with a state coalition sponsoring the event. Arrangements are still being finalized. The visit aims to bolster Rep. James Martin's congressional bid, William Stevens's Senate campaign, and James H. Carson Jr.'s run for state attorney general.
MENTIONED IN THIS ARTICLE
Washington
California
Ronald Reagan
Charlotte
Jesse Helms
Rn.c
Reagan
James Martin
N.C
U. S. Senate
William Stevens
James H. Carson Jr
CIA draft seeks penalties for leaks tied to contracts
Sources say Colby proposed a plan within the Nixon administration to criminalize leaks of classified information by firms with government contracts. Prosecution would require a judge to find classification reasonable. No final decision or formal congressional recommendation has been made, and the issue hinges on current law. The move follows a court battle over Marchetti and Marks's book CIA and Cult of Intelligence.
MENTIONED IN THIS ARTICLE
CIA
Colby
Nixon
Congress
Cult of Intelligence
Victor Marchetti
John Marks
Tennessee Reports Spotted Fever Cases
Two more cases of Rocky Mountain spotted fever were diagnosed in Knox County raising the total to six. A child from Johnson City died, and two Morgan County men were hospitalized and later released. Shelby County reported three cases. health officials cite the wood tick as the spreader and note a mild winter increased tick numbers.
MENTIONED IN THIS ARTICLE
Knoxville, Tenn
Knox County
Washington County
Jeffrey Lynn Arnett
Johnson City
Rocky Mountain
Shelby County
Tennessee
Fayetteville Faces 70 Percent Power Rate Hike Fight
CPAL told Fayetteville Public Works Commission it will seek a 70 percent wholesale rate increase from the Federal Power Commission in Washington. Fayetteville, CPAL’s largest wholesale customer with 37,000 retail users, would face about a 46 percent rise in local bills if approved. PWC plans to file a petition to block the hike, coordinating opposition through Electricities, a NC municipal electric group.
MENTIONED IN THIS ARTICLE
Fayetteville, N. C
Carolina Power & Light Co
CPAL
Fayetteville
Public Works Commission
PWC
Ray Muench
Federal Power Commission
Washington
Muench
North Carolina
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Business and Financial News Stock Market Report
National Paragon
Amex
Big Board
ReynMet
SandrsAsso
JanFelat
KaisAlu
KanGell
Ss Boy
Ye ‘Sears
Searleg
Kayserr
Kellogg
Consowl
Fane Kimbc
SonyCp
Cessna
Champint
SouthCat
Chessle
Sonresi
Abe
Krogery
SouPacz
ChrisCraft
Ata
Cnrysirl
Eperryk
SqvarDio
Ciscorp
Clark
Litton
LaPacif
Ektronx
Lvocorp Ib
Magvox
Marcor
Vaiark
MartMal
Thiakol
Timemir
McCond
Thierans Air
Meade G
Merck
Mitredotso
Dennys
Dillon
Disney
Mobo
Dresser i
Mandu
Uniroyat
MorNor
el Pasolle
NeiSerilen
VendoCo
Firestone
Norlikwas
Northrot
Whittaker
Pat WimsCos
ForMick
Norton B
FreepMl
Xeroxcol
Gam Sk
Phe Okla NG
IBY
ZeleCorp
Ea la
Ve Gannen
Olin Cowi
Zemlinr
Wa— Te GenDynamo
Omark
Ova Va
PacPetri
Pascolnc
Ain
Goadyrtri
Penneyl
Grumm
PhilaBil
Gulfdil
Vq Philigao
Gustunn
Halburtt
MorrisCt
Hercules
Aaa Atia
Ma Hewlick
Iliday
Idaho
Interlake
Wyatt
Itex Corp Ae
Jewel
Yatava
Dass Joning
JoyMig
NEW_YORK
A.P. Stock
Windus
Depecepesss
Tsutils
Tebe
Public Utilities
Dow-Jones
WEA
AegisCarpa
Brasen
Alb
Eae
FeaResrees
Frontier Air
Koisrin
KanebSv
Ets Lafay Radio
LaMaur
Medanto
Milgo Elect
Newidria M
Newpark
Texas
Viewlex
Vincorp
Washington, D.C
Kenneth Henson
Howard
Bo” Callaway
Henson
U.S. Supreme Court
Caley
High Court
U.S. Circuit ‘Court of Appeals
Elliott
Duke Power
Spann
Griffith
Quiry
White’ House
John W. Bean Ill
H. R. Hardeman
Atty
John Mitchell
Frederick LaRue
Howard Hunt
Gov. Reagan
Morgan County
David B. Frederick
Wartburg
Charles