Market Gains Lead as Nixon Signals No Tax Cuts
Stocks rose at midday as President Nixon stated he would not seek tax cuts. The Dow gained 7.23 to 880.33 while the New York Stock Exchange advan ced more than three to one over declines amid optimism from higher leading economic indicators.
MENTIONED IN THIS ARTICLE
NEW York
Nixon
New York Stock Exchange
Treasury
John B. Connally
Congress
American Stock Exchange
Associated Press
Milk Bill Approved By Senate In North Carolina
The North Carolina Senate approved a bill 38 to 7 revamping the Milk Commission and banning loss leader milk sales. An amendment 39 to 5 struck the 7 percent profit requirement from costs. The measure moves to the House. Sen. Gudger backed the change, Sen. White supported passage.
MENTIONED IN THIS ARTICLE
Senate
Raleigh
North Carolina Milk Commission
House
Lamar Gudger
D- Buncombe
Gudger
Vernon White
D-Pitt
Senate Agriculture Committee
Inter-dealer NASD Quotes Move Through Day Trading
NASD quotations around 11 a m show representative inter-dealer prices for over-the-counter trading. Markets shifted through the day with quotations not reflecting retail markups discounts or commissions.
New York Stock Exchange Noon Index Fluctuations Reported
An AP bulletin reports at noon the New York Stock Exchange index movements with sectors including Industrial Transportation and Finance showing varied values. The data include figures around 40.5 for multiple indices and noted fluctuations across categories.
MENTIONED IN THIS ARTICLE
MGM
NEW York
Exchange
Monsant
AO Industei
MorNor
Arklgas
Va Motorola
Asamera Oil
Atlas Co
Barnes Eng
Pepaee
N 'Barnwel
NatAirin
Nabisco
NatCan
Natcashr
Certrol Co
Cinerama
Dillard
Goodrich
Essex EquitCo
Frontier Air
Newberry
Gt Basin Pet
Niag MP
Husky Oil
NL Ind
ImpriOil Soa
Norfolk Wa
Instrum Sys
Norris Ind
Corp An
Ae Jamesway
NoAmRrk
Jetronic Ind Cay
Nongas
Jupiter Cp Ae
NoStaPw
A Kaiser
Northrop
Kin Ark Corp
Nwst Airl
NwtBanc
Latay Radio
Kingsford
Norton
Nort Simon
Lee Ent
Ling Tvgt
Loews
Occid Pet
OnioEdis
Marshal Ind
McCrory
Okla GE
Okla Ngs
Willigo Elect
Olin Corp
jNweldria Ni
Wa Omarkin
NewPark Mnrv
Itjs Elev
Nor Cdn Oils S
Owen Cng
Ormand Ind Nave
Owen It
Ozark Airline
Ases
Petal Aes Permaner
Phoenix St
PacPetri
Ozark
Permaner
Pacpwl
Pac T&t
PanAm WaAir
Ge Penn Cent
Penn Dixie
Scurry Rain
A Penney JC
Statham Insva
PaPwlt
Phelps
Phila el
PhilMorr
WUS HomCy Wi
Phill Pet
Viewlex
Pitney B
Vikoa Inc
Polaroid
VLN Corp
A Westates
Wilshire
Yates
Pubscoi
Publkind
Pueblo
Associated Press
Pullman
R-R
Alchuseamantehacad
Auartrelv Ralston P
Rohr Cp
Royccola
RoyDut
Ryder Sy
Stroem
Stregisp
Sanders Asso
SanFeint
ScherPig
SCOA
Scott Paper
Sbcl Tn
Sear! GO
SearsRo
Shell Oi
Shell Tr
Ma Signal Co
Smith
SonyCp
Sony Co
Scar E
Soucale
Souht Co
Soungas
Southn Pac
SouthrnRy
Squibb
StBrands
SteriDrug
Stevensj
SunOi 1B
Sea Se
Swift Co
Systron Donn
Ae Talon
Tampa el
Tektronix
M Telex Co
Tenneco
Texaco
Tex G
Val
TimesMir
Timken
Transmra
iTriCon
WY Trw Inc la
UAL Inc
UMC Ind
UN Carbide
UnOnCa
US Steel
Univoip
Univre
Upjohn
Varian Assoc
Vendo Co
Vaeipw
WachCp
Warlam
Washwp
WitnAir
Wr Banc
WnUnion
Wesig el
Weyerhs
Whirl Co
White Motor
Whittaker
Williamns Co
Winn Ox
Iaabesdare
Feud Links Explored After Colombo Death Shot
New York police questioned underworld figures tied to rival factions in the Colombo shooting at the Italian American Unity Day rally. Colombo remained in critical condition after a gunman killed moments later, as investigators probe a decade old feud involving Joseph and Albert Gallo and Carlo Gambino amid renewed mob attention.
MENTIONED IN THIS ARTICLE
New York
Joseph A. Colombo Sr
Colombo
Albert Seedman
Jerome A. Johnson
New Brunswick
N.J
Joseph
Albert Gallo
Carlo Gamino
Six Injured As Truck Crashes Through Construction Site
Six people were injured on I 85 near Groometown Road when a truck lost control at a Knight Inc construction site. The vehicle struck a crane and workers, then overturned. The driver and five workers were hospitalized at Moses Cone and Wesley Long hospitals after being pinned for about 45 minutes.
MENTIONED IN THIS ARTICLE
Groometown Road
Knight, Inc. Construction Company
Moses Cone
Wesley Long
Witnesses defend federal secrecy practices in hearing
Defense and Justice officials testified to Congress defending government secrecy and the president’s power to withhold information from lawmakers and judges. A State Department representative said he was directed not to testify until the Supreme Court acts on the Pentagon Papers case.
MENTIONED IN THIS ARTICLE
Washington
Defense and
Justice Departments
Congress
State Department
Supreme Court
William S. Moorhead
D-Pa
House
Government Information Subcommittee
William B. Macomber Jr
Justice Department
High Court
New York Times
Washington Post
Asst
David O. Cooke
Pentagon
American diplomat dies after Sahara trek and car breakdown
H Earl Russell Jr., 48, head of Rabat embassy political section, lost his way in the Sahara with his wife Beatrice son Scott and friend Thomas Whitecomb. After a sunstroke and axle failure, Russell died while attempting repairs near Ain Ben Tili. The group was rescued from Port Etienne in serious dehydration but survived.
MENTIONED IN THIS ARTICLE
Rabat
Morocco
H. Earl Russell Jr
Sahara
U.S
Russell
Beatrice
Scott
Thomas Whitecomb
Whitcomb
Dakar
Ain Ben Tili
Mauritania
Port Etienne
Court splits over 1963 law funding church colleges
Justices Douglas Black Marshall and Brennan dissent on a ruling affecting about 240 million dollars in construction grants to church affiliated colleges under a 1963 law. The program is tied to church schools and church run schools.
MENTIONED IN THIS ARTICLE
William C. Douglas
Hugo L. Black
Thurgood Marshall
William J. Brennan Jr
Internal U S Vietnam study shows optimistic Vietnam progress
The piece trails a 1962 63 briefing on Vietnam analysis by Secretary McNamara COMUSMACV and INR critiques. It notes officials overestimated near term VC elimination and cites a shift after the Diem coup Kennedy assassination and McNamara’s December trip.
MENTIONED IN THIS ARTICLE
Washington
David K. Willis
Geoffrey Godsell
Defense Department
Honolulu
McNamara
Comusmacv
U.S. Military Assistance Command
Vietnam
INR
Intelligence and Research
State Department
Kennedy
Bald Head Island Acquisition Bill Introduced
Sen. J Russell Kirby of Wisconsin sponsors a proposal to appropriate 4.7 million dollars to acquire Bald Head Island near Southport. The bill allows the Department of Administration to purchase or condemn privately owned lands for recreation science historic preservation and natural resource protection.
MENTIONED IN THIS ARTICLE
Raleigh
Senate
Bald Head Island
J. Russell Kirby
D-Wison
Department of Administration
Southport
Kirby
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Stock Market Report
Linda Rubey
Contl Corp
Contro
Cox
CrowColl
Dan River
Deere Co
Delta Air
Dillon Co
Disney
DowChm
Vu Var Dressind
Duke Pw
duPont
Dynam Am
Gialle East Air Lin
Iva
Baskodak la
Eaton
Eg&g
Eipasong
GAF Corp
Ms Ad Millis
Va Gannett
AetnaLte
Arizona
Genesco
Meneer
Alcoa
Gettyo
AMBAC
Gillette
AmHess
Glen Alden
Global Marine
Su Vve
M Airlin
Goodyr
A&p
MitiCix
Ye'Gulf
T&t
AME Inc
Halliburt
AMP Inc
Harris Int
Hercules
Ampex Corp
Heublein
Mernwal
Ancorp
Electra
ApecoCp
Atlas Chem
Howmet
Ve Atlas Corp
Et — Aveo Corp
Idaho
Ideal Bas
INACD
Rand
Beckman
BeechAir
Wentrikine
Bell How
Boeing Co
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Lowapsv
Borden
Itek Corp
BorgWar
Jonnton
Jontogn
CarrierCp
CartWal Voloa
Koppers
Castlecke
Wiiratico
Caterer
Kresgess
Kroger
Cenco
Cerri Cp
LearSieg
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ChiMil
Chris Craft
Chrysir
Va Corp
Clark
Va Lonwe Cor
ClevElill
Yallvo Corp
Cbs
Ai Lykes Yngst
MackeCow
Macy
Madis
Marath
Magnvox
McGraht
Mead Corp
Rails Unt
Stocksely Sno
M Memorex Cp
Merck
Util
Fan
NEW York Exchange
A.P. Stock
Dow-Jones
AMIC
Amer. Furniture
Caro
Caribbean
Hardee's
Integon
Life of
Carolina
N.C.N.B. Corp
N.C. Nat. Gas
Pub. Serv
N.C
Ruddick Prof
Ruddick Com
Wix
Wellington Hall
NEW York Stock Index
Gambino
Civil Rights League
Christopher Columbus
The
League
James ‘Delmonico
Jerome Johnson
William H. Rehnquist
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
Ward-Griffith Company
National Advertising Representatives
Preventor Security Center
North Main Street
North Carolina
New York Stock Exchange, Inc
N. Main High