Gold shares lead as market tilts despite dips on inflation hopes
New York stocks slid at midday with the Dow down 2.66 to around 840 as gold mining shares firmed against a weaker broader market. Traders cited heavy gold demand in London Paris and Zurich. A Mills tax rise hint and February unemployment data added to the cautious mood.
MENTIONED IN THIS ARTICLE
New York
London
Paris
Zurich
Wall Street
P. Wilbur Mills
D-Ark
House
Ways and Means Committee
Congress
Associated Press
Stock market snapshot and commentary from New York and regional listings
New York trading data shows varied moves across multiple stocks and sectors with percentages indicating gains and losses. Listings include Alcoa Alcan and Allied Chemical among many others with prices and daily percentage changes noted. the AP report compiles noon prices and sector summaries for investors.
Stock Averages and Market Ticker Snapshot
AP stock averages show modest shifts with declines in some indices. Key figures include Ralls Util and Neon poised near prior levels, while week to date and month ago comparisons point to mixed performance across sectors.
New York Exchange Index At Noon
The Noon New York Exchange Index report notes current market levels with price movement and leading sectors. Data include major stock performances and brief status across key industries affecting the index.
Hawkins Trial Slated May 20 in Charlotte Case
Charlotte dentist Dr Reginald Hawkins faces trial May 20 in Superior Court. He was indicted September 7, 1964, on charges of interfering with a special registration commissioner and fraudulently claiming to administer a literacy test to four persons in Charlotte's second precinct on April 8, 1964. He is opposed in the Democratic primary by Lt Gov Bob Scott and Raleigh attorney Mel Broughton.
MENTIONED IN THIS ARTICLE
Charlotte
Reginald Hawk
Superior Court
Hawkins
Bob Scott
Raleigh
Mel Broughton
A. M. Houston
North Carolina to Increase Weekend Highway Patrol Patrolling
The North Carolina Highway Patrol will step up patrols on Friday and Saturday nights to combat rising traffic deaths. Lt. Col. Edwin Guy announced the plan after at least 24 people died in traffic accidents across the state over the weekend.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina Highway Patrol
Edwin Guy
North Carolina
Regional Forecast For The Carolinas And Virginia
North Carolina expects scattered showers to end and cooler temps with lows 30s in the mountains to 40s at the coast. Wednesday remains partly cloudy and cool with a few mountain snow flurries possible and windy conditions. South Carolina sees partly cloudy skies with gusty winds and a cooler trend, lows in the 40s. Virginia reports rain in the 40s, while Georgia forecast: cloudy tonight then clearing and cooler Wednesday with lows 38 to 44 north and 44 to 50s south.
MENTIONED IN THIS ARTICLE
North Carolina
Pidmont
South Carolina
Virginia
Georgia
Renewed European Gold Rush Lifts Markets Across Cities
In London Paris Zurich and Rome demand for bullion surged with Paris posting the year’s high. Dealers said heavy buying pushed the London fix to 35.19 dollars and the pound near 2.40 dollars while the Basel pledge failed to curb hoarding.
MENTIONED IN THIS ARTICLE
London
Europe
Paris
Zurich
Rome
Britain
Basel
International Gold Pool
Four Governor Candidates Speak in Salisbury Forum
In Salisbury on Saturday a forum will feature Democrats Mel Broughton and Dr Reginald Hawkins along with Republicans Jack Stickley and Jimboe. The event will include audience questions and a discussion of public concerns.
MENTIONED IN THIS ARTICLE
Salisbury
N.C
Salisbury Revetey
Commerce
Mel Broughton
Reginald Hawkins
Jack Stickley
Jimoe
Unity
Fire Fatalities Reported In Toronto House Blaze
An early morning fire destroyed a small frame house in Toronto. A mother and her six children died in the blaze while the father, David Lumsden, 26, stood outside naked and burned, pleading for motorists to stop and help.
MENTIONED IN THIS ARTICLE
Toronto
David Lumsden
U.S. Releases $450 Million in Gold for Sales
The Treasury announced a transfer of $450 million in gold from the U.S. money stock to aid sales on theLondon market in February. The move boosts U.S. participation in a seven nation pool with Britain Italy Belgium and West Germany though it does not remove the gold from the country. The action supports maintaining the price of gold at $35 an ounce and backs efforts to defend the dollar abroad.
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London
Treasury
Treasury Department
Tr Li
Rad Eri Fe
U.S
United States
Britain
Bel
Italy
West Germany
Guten
Senate
Five Defectors Leave Sweden Return to Units
Five American military defectors who sought asylum in Sweden have returned to their outfits. Jones, who arrived in January 1967 and taught ballet, was allowed to stay in Sweden and then travelled to Frankfurt with help from funds. Two others who had been AWOL from West German units for over a week surrendered and requested aid to return to duty.
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Stockholm
Sweden
Jones
West Germany
U.S
Frankfurt
Theeld
Sweda
New York
Dr Shotzberger Installed as Catawba College President
Salisbury North Carolina AP Catawba College named Dr Martin Luther Shotzberger 45 of Virginia as its 16th president succeeding the late Dr Donald C Dearborn. Shotzberger will report August 1 from University of Richmond where he serves as dean. He is Baltimore native, married to Edith Cosby of Richmond with four children. The school, affiliated with the United Church of Christ, was founded in 1851 and moved to Salisbury in 1923 with about 1046 students.
Bond Issue OK'd for Shelby School District
Shelby North Carolina approves a 1.2 million dollar elementary school bond issue. The measure funds construction and modernization projects across the Shelby district.
MENTIONED IN THIS ARTICLE
Shelby
N.C
Six North Carolina Servicemen Among 206 Vietnam Dead
Washington AP six North Carolina servicemen listed among 206 Vietnam casualties as senators debated policy. The names include Sgt Charlie R Strickland Jr and Cpl Robert E Caldwell with families in Nashville Durham and Newton. The discussion featured Fulbright urging full Senate briefing and Rusk warning against divulging enemy information.
MENTIONED IN THIS ARTICLE
Mike Mansfield
Montana
Askinseon
Vietnam
Rusk
Moscow
Fulbright
Washington
North Carolina
Charlie R. Strickland Jr
Perry A. Strickland
Nashville
Harmon Perry
J. B. Perry Jr
Durham
Robert E. Caldwell
Charles W.embrold
Ard J. Hall
Paul C. A
Fis Cova
Link
Jasper J. Link
Newton
Senate
Congress
N C Auditor Faces Trial Over Shooting on Rural Land
RALEIGH AP The North Carolina auditor will be tried on a charge of shooting with intent to kill a North Carolina State University student who strayed onto his land during a rabbit hunting incident.
MENTIONED IN THIS ARTICLE
Raleigh
Carolina
N.C. State University
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