Market drift higher as Dow tops 769 on light trading
The Dow Jones average rose 1.26 to 769.21 as investors priced in hopes of easier monetary policy. The AP 60-stock index gained 0.3 to 272.4 with mixed moves across sectors and a boost from government signals on money supply.
MENTIONED IN THIS ARTICLE
New York
Usef
Federal Reserve Board
Arthur F. Burns
Associated Press
AlcanAly
Alleg Cp
Alleglud
AlliedCh
AlliedStr
Allis Chaim
Alcoa
AMBAC
Ameipw
Ve Amp Inc
Ampex Corp
ArmcoSt
Ve Armour
BorgWar
Onene Bulova
Dow Jones Averages and Bond Averages Noted
The report compiles daily Dow Jones averages across 10 public utilities and 10 industrials with higher grade bonds also summarized. It highlights general market movements and bond performance for investors.
Over-The-Counter Stock Averages Reported
Quotations from the NASD indicate inter-dealer prices around 11 a.m. Prices reflect representative values and exclude retail markups, markdowns, or commissions as markets vary through the day.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Forecast North Carolina and Virginia Weather Outlook
North Carolina sees fair to partly cloudy skies in the east and rain chances west tonight with more widespread showers Friday. Lows 45 to 50. Virginia mostly cloudy with possible rain tonight and Friday highs in the 50s. Extended North Carolina outlook shows chances of rain through the weekend with 60s highs and 40s at night.
MENTIONED IN THIS ARTICLE
North Carolina
Virginia
Pharmacy Ethics Code Is Reviewed At NC Hearing
Independent pharmacists urged the North Carolina Board of Pharmacy to ban advertising of drugs and prescriptions arguing ads drive small shops out of business. Large chains countered it is not the board’s role to favor one segment. The hearing examined a proposed ethics code and a disputed advertising clause.
MENTIONED IN THIS ARTICLE
Chapel Hill
North Carolina Board of Pharmacy
John Pickard
Durham
Eckerd’s
Revco
Gibson's
Atty. Gen
Robert Morgan
Consumer Protection Division
Maurice Horne
General Assembly
H. C. McAllister
Burlington School Desegregation Ruling Encourages Officials
A government hearing examiner ruled that J. F. Gunn elementary in Burlington is in compliance with the 1964 Civil Rights Act,despite a 98 percent Black student body. The decision could influence desegregation efforts statewide and warns against attempting white flight or private-school enrollment to resegregate the school.
MENTIONED IN THIS ARTICLE
Burlington
N.C
William J. Risteau
Department of Health, Education and Welfare
J. F. Gunn
Craig Phillips
Gunn
Risteau
Governor Not Hesitant On Taxes
Richmond Gov Linwood Holton says he will not hesitate to propose a cigarette tax increase or other revenue measures if state revenues miss expectations He noted 470000 cushion in a 38 billion budget and said authorities allow him to bring up revenue measures He spoke on a live television panel after the 1970 session and before a possible 1971 special session if a constitutional revision passes in November
MENTIONED IN THIS ARTICLE
Richmond
Linwood Holton
General Assembly
Holton
Laos Laos Cambodia Developments Stir U S Vietnam Pullout Plans
The White House said Nixon will weigh Laos and Cambodia events as he weighs a fourth stage pullout from South Vietnam. Ziegler noted the March 15 withdrawal of 50 000 remains on schedule while evaluating progress in South Vietnam enemy activity and the Paris talks. Senators Mansfield McGovern Fulbright voiced concerns about Cambodia, with Mansfield urging U S withdrawal and McGovern warning of possible aid to right wing groups.
MENTIONED IN THIS ARTICLE
Washington
White House
Nixon
Laos
Cambodia
South Vietnam
Ronald L. Ziegler
U.S
Pallout
Ziegler
Vietnam
Norodom Sihanouk
Paris
Senate
Democratic
Mike Mansfield
Sihanouk
Southeast Asia
All Asia
Mansfield
Terests
United States
George S. McGovern
D.D
Sihan‘ouk
J. W. Fulbright
D-Ark
Senate Foreign Relations Committee
Central Intelligence Agency
Gravel opposes Carswell for Supreme Court nomination
Senator Mike Gravel of Alaska declared his opposition to G Harrold Carswell's Supreme Court nomination, bringing the publicly opposed count to 23. He cited Carswell's civil rights record and alleged bias, noting past statements supporting white supremacy and potential ABA canon violations.
MENTIONED IN THIS ARTICLE
Washington
Mike Gravel
Alaska
Supreme Court
G. Harrold Carswell
Nixon
Gravel
Carswell
Clement F. Haynsworth Jr
Senate
Haynsworth
U.S. Court of Appeals
Richmond
Judicial Ethics
Tallahassee
Fla
5Th Court of Appeals
Alan Cranston
Calif
American Bar Association
Cranston
Senate Judiciary Committee
Cambodias Sihanouk ousted as Lon Nol rivals take control
reports from Phnom Penh say Sihanouk was ousted as Gen. Lon Nol and Sirik Matak moved to seize real power. Beijing welcomed Sihanouk with a red carpet as he sought support while foreign diplomats observed a quiet capital and no government recognition yet.
MENTIONED IN THIS ARTICLE
Svay Rieng
Lon Nol
Sihanouk
Cambodia
Sirik Matak
Moscow
Peking
Red
Soviet Union
France
Britain
Phnom Penh
Tokyo
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Stock Market Report
John Henry AP
Johns-Manville
Xerox
Memorex
Control Data
Polaroid
IBM
Dresser Industries
AMP
Massey Ferguson
Ae Fried Chicken
American Stock Exchange
Prudent Resources
Marshall Industries
United Foods
Multi-Amp
NEW York —Stock Index
Svceg
Raytheon
Ween Rca
Reviow
Va Ling TV
Litton
Va ReynMet
Lockheed Air
Roan Sel ReynTob
Wees LoewsThe
Rohr
Lonescem
Lonesga
Vo RoyCe
LongisLt
Ve RyderSys
Ava
Mums Stregisp
Macke Co
Va Sanders
Macy RH
SaFeind
Magnvox
Schenley
Maratha
Se Schering
Marcor Inc
SCM Cp
Scoa Ind
Martinm
Scott Paper
Mead Corpne Oat - Shell Oi
MelvSho
Sherwawm
Merck
SignalCo
SingerCo
Smith EF
South Co
Ye Soungas
Mohasco
Sou Pac
Saces Monsan
Southrn Ry
Weer Montan
St Seartons
Nor
Sperry
Motorola
WeVa
Stevens
StudeWorth
Sunil
Swift Co
Nat Steel
Tektronix
Ye Newmet
Teledyn
Niag MP
Tennec
Texaco
Norrisind
Ve Texasinst
Trans W Air
Va NortSim
Transmr
Transitron
TRW Inc
OhioEdis
Veatin
UAL Inc
Olin Corp
UMC Ind
Otis Elev
Owensig
Owensill
Union Pacif
Vinee Uniroyal
UnitAirc
Pact&t
Panasul
Weeee US Indust
Pvanam WaAir
Panh EP
Parke Davis
US Steel
Ve Vendo Co
Fie Waeipw
Philip A
Wstn Air Lin
Phill Pet
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PitneyBw
WnUnion
Westge
Whittaker
Costiecke
Certteed
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Chmispp Wi
Mescoee Chrysler
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Ve Cen
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Daymp
del Mate
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DiaSham
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Dressind
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M Duq Lt
Dyna Am
East Air Line
EasKodak la
EatonYa
Eg&g
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Ma Eversharp
Va Fairchc
Fair Hill
Fansteel Inc
GAF Corp
Gam Sko
Gannett
Elec
Gen Mills
Gen Tire Ib
Gillette
Gt A&p
Gt West
Fiat
Industram
YelaAsamera Oi
GuifStart
GuifWin
BrascanLt la
Brit Pet
Halliburt
Campbi Chile
Harris Int
Cdn Javelin
Cinerama Gaw
Herc Inc
Data Cent
HoernWal
Hoff Electra
Vel Dixilyn Corp N
Frontier Air
Amer Furn
Goldfield
idahoPw
Cp Am
Imp. Oia
INA Cp
Inland St
Hardee’s
Miner
NewTdria Mn
NewPark
T&t
A Life of Carolina
Lowe Beef
RIC Intl
Ind
Ncnb Corp
Itek Corp Saxon Industan
Ily
Piedmont Avia
Jewel Co
A Technico
JohnaMan
Pub Service of
JohnJon
Jon Logan
JoneLan
Ruddick
Kaiser al
Wellington Hall
Divi- KayserRo
Kenncott
Kerr Mc
Kraftco
Kresge
Kroger
NEW York — Exchange
York
Paneer
Aasnenies Orne
Dow-Jones
American — Exchange
Burlington School
Sen
H.L. Schwartz III
Leroy Clark
New York University
Um al
WHPE
R.S. Dickson, Powell, Kistler & Crawford
American Stock Exchanges
N. Main St
Montclair Menthol
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