Stock Market Rises On News Of Cease Fire Talks
The Dow Jones average in New York rose 5.97 to 918.08 at noon while the Associated Press average gained 13 to 335.3 as traders cheered Wednesday’s rally and reports of Vietnam cease fire talks. Steel and motor shares led gains amid broader market strength. A separate New Orleans incident saw an FBI agent arrest a gunman aboard a landing airplane after he had ordered a flight to Cuba.
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New York
Dow
Associated Press
US Steel
Republic Steel
Motors
Chrysler
Glen Alden
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Xerox
FBI Agent Grabs Would-Be Hijacker On Delta Flight
FBI agents subdued a would be hijacker aboard Delta Airlines Flight to New Orleans after he took control five minutes before landing in the northwest zone of the U S. Reed, identified by agents, restrained the gunman as the plane neared New Orleans. The hijacker warned he would shoot but was stopped without injuries.
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Can Jury Decide What Wife's Worth?
In Raleigh the Senate debated a bill to let juries consider nonmonetary damages in wrongful death cases. Senator Burney argued for including loss of companionship, while Senator Warren warned it would liberalize the law. Burney claimed insurers oppose the measure. Warren cautioned about assigning value to intangibles.
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Senate
John Burney
New Hanover
Burney
Lindsay Warren
D-Wayne
Warren
Laird Defends ABM Against Arms Race Charge
Secretary Laird told the Senate Armed Services Committee that four missiles were knocked out in a Soviet attack and that ABM defense is a building block for peace. General Wheeler endorsed more offensive systems as boosting national defense, while Laird rejected the idea the project escalates the arms race, saying it strengthens deterrence and could ease path to mutual arms control with the Soviet Union.
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Laird
ABM
Senate Armed Services Committee
Sen
John
British Occupy Anguilla Quietly
British paratroops and marines occupied Anguilla after a bloodless invasion as 6,000 islanders remained calm. Acting President Ronald Webster, supported by about 300, led chants and sang the Anguillan freedom song. Britain says the move buys time while negotiations resume and stresses no federation ties will be broken.
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Ition
London
St. Kitts
Federation
Robert L. Bradshaw
Michael Stewart
House of Commons
Ronald Webster
First Car Recall Letters To Go Out
Detroit report notes GM begins mailing recall notices to 3 million Chevrolet owners of 1968 and 1969 models with quadrajet carburetors and brake issues. Letters will be sent at 100,000 a day by certified mail, delaying the process into mid May. Other GM divisions have already mailed notices to about 1.4 million owners of affected 1968 and 1969 vehicles.
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Kincade
Detroit
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General Motors
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Hotel blaze forces hundreds from White House Inn
A kitchen grease fire sent yellow gray smoke through ten floors of the White House Inn in Charlotte, forcing hundreds of guests visitors and employees into the street. Flames travelled via an air duct from the kitchen to the roof. There were no injuries.
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Charlotte
White House Inn
Hotel Charlotte
Gorton Article Prompts Privileges Committee Probe Vote
James urged a parliamentary privileges committee investigation into a Sydney nightclub incident, events in Bali during a Gorton visit, and Canberra last Christmas. The committee vote was 75 to 34, party line, with one Labor opposition member supporting the government.
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James
Sydney
Bali
Gorton
Indonesia
Canberra
Parliamentary Privileges Committee
Labor
FAA to test anti hijacking device next week
FAA acting administrator David D. Thomas says a new anti hijacking device will be tested secretly at several terminals serving Eastern Air Lines. The device aims to determine if passengers boarding planes carry weapons without alerting travelers. Airports involved were not disclosed.
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Washington National
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New York City
Tion
David D. Thomas
FAA
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Thomas
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