Market Dip Pauses After Sharp Rally As Profit Taking Continues
Stocks traded lower at midday with the Dow Jones down 5.48 to 909.16 as profit taking extends a recent rise. Declining issues slightly outnumbered advancers on the NYSE, while many sectors slipped except for chemicals utilities mail order retail and rubber. Aircrafts were unchanged and several names on the AMEX showed mixed moves.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
American Stock Exchange
Craig
Systems Engineering
Syntex
ITEL
Alamera Oil
Loew's
Stock Exchange closes with mixed prices and dividend notes
The American Stock Exchange reports mixed closing prices for many issues with several firms listing fractional gains and losses. Dividend notes explain annual disbursements, special payments, and stock dividend variants, while footnotes define symbols for extra or liquidating dividends and other adjustments.
MENTIONED IN THIS ARTICLE
NEW York
American Stock Exchange
Aerojet Samms
AO Indust
Ark Best
Arklgas
Asamera
Barnes Eng
Brascanlt
Certron Co
Ee Cinerama
Dillard
Dixityn Corp
Cynalectia
Fermont Ol
Frontier Air
Gt Basin Pet
Musky
impriOll
Bo Ti Corpon
M* Kaiser
Ye McCrory
Neyidha Mart
NewPark Mn
E Statham Tns
Syntex
SIM
Ste
We Technicator
Wn Nuclear
Associated Press
Crum Defends Actions Amid Senate PX Probe Claims
Brig Gen Earl Cole alleged to have profited from storing slot machines on Army property and other favors. he calls the charges an out and out lie. Former manager Jack Bybee described as vindictive, while Crum notes Bybee’s false lawyer claim and ties to Goldwater. Senate subcommittee probes Crum and the Vietnam era PX system amid broad corruption questions.
MENTIONED IN THIS ARTICLE
Earl Cole
Vietnam
Jack Bybee
Cole
Crum
Bybee
Wallace
Barry M. Goldwater
R-Ariz
Korea
Goldwater
CBS
Senate
Social Security boost and policy notes spark economic debate
The passage discusses high personal income levels and a government plan relying on a Federal Reserve expansion, with Social Security increases cited as a noninflationary thrust. It details rising monthly benefits for individuals and couples, a higher maximum and minimum retirement payments, and removal of the 4 percent interest ceiling on $10 billion in Treasury bonds as part of broader fiscal moves.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Nixon
Treasury
South Vietnamese Forces Expected to Withdraw by Month's End
South Vietnamese officers said the force would be out by month’s end leaving the 1st Infantry Division with a single Laos base, Delta 1, four miles south of Highway 9. North Vietnamese gunners pounded the U.S. base at Khe Sanh for the second night.
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Sophia
Lolo
Brown
South Vietnam
1St Infantry Division
Laos
Delta 1
Highway 9
U.S
Khe Sanh
Phillips-Foscue reports sales rise but income falls
Phillips-Foscue Corp. posts net sales of 3,563,909 for 28 weeks ending Jan 9, up 30.3 percent from 2,735,117 last year. Net income drop to 74,466 from 93,500 as the New ton foam fabrication plant acquired from A A Oliver & Sons operates at a loss. Plant in Newton spans 69,000 square feet and is expected to contribute profit later. Other plants include High Point Hickory Tupelo and Cleveland Tennessee.
MENTIONED IN THIS ARTICLE
Phillips-Foscue Corp
Newton
A. A. Oliver & Sons, Inc
John P. Hailey
Hailey
Phillips-Foscue
High Point
Hickory
Tupelo
Miss
Cleveland
Tenn
Calley Trial Deliberates Life or Death Verdict Options
The six jurors must decide between life imprisonment or death for premeditated murder, life for unpremeditated murder, 10 years for voluntary manslaughter, or acquittal. Sequestration begins as final arguments unfold. Calley, 24, led a My Lai search on March 16, 1968, against civilians, with three defendants already tried.
MENTIONED IN THIS ARTICLE
Calley
Charlie Company
My Lai
Vilage
Ernest Medina
Dewey Dies of Heart Attack at 68 in Miami Beach
Former New York governor and three term Republican presidential candidate Thomas E. Dewey died at 68 from a heart attack in his Miami Beach hotel room. He had been en route to Washington for a White House party. Funeral plans were pending. The death drew praise from President Nixon and ended a career spanning law enforcement and politics.
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Miami Beach
Fla
Thomas E. Dewey
Dewey
New York
Washington
White House
New York City
Percy Rector Stephens
Stephens
Deems Taylor
New York County
Charles “Lucky” Luciano
James J.hines
Tammany District
Herbert H. Lehman
Wendell Willkie
GOP
Truman
Henry Wallace
Strom Thurmond
Chicago Tribune
Congress Rejects Volunteer Army Plan in Draft Debate
The House Armed Services Committee voted down a push to replace the draft with an all volunteer force while approving extending the draft two years beyond June 30 1971 and rejecting a four year extension. The panel backed Nixon's plan to boost pay and benefits to attract volunteers but kept draft authority for emergencies and opened discussion on conscientious objector service.
MENTIONED IN THIS ARTICLE
Washington
House
Armed Services
Congress
Nixon
F. Edward Hebert
D-La
Committee
Armed Services Committee
Hebert
Go-Go Eatery Challenges ABC Suspension
Virginia Tech topless go go restaurant owner Lawrence Gary Jakeman warns the 60-day liquor license suspension of a Virginia ABC license will cause irreparable harm to his Windmill Restaurant in Blacksburg. He argues the board ignored inspector testimony and noted no criminal charges were filed. The suspension stems from a performer named Rusty allegedly dancing near customer tables. Thureley will be held here.
MENTIONED IN THIS ARTICLE
Richmond, Va
Virginia Abc Board
Virginia Tech
Lawrence Gary Jakeman
Blacksburg
Rusty
Jakeman
ABC
Thureley
Tate murder trial nears penalty verdict in Manson case
In Los Angeles the defense and prosecution rest their cases in the Sharon Tate murder penalty phase. Judge Charles Older says jurors will be given the case in about a week. Manson and three young women face death or life imprisonment after a ten month trial noted as California history.
MENTIONED IN THIS ARTICLE
Los Angeles
Sharon Tate
Charles Manson
Superior Court
Charles Older
Ambassador Hotel
California
Manson
Susan Atkins
Patricia ‘Krenwinkel
Leslie van ‘Houten
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