Broad market gains lift stocks amid signs of easing credit
The Dow Jones industrial average rose 7.92 to 771.52 as trading picked up after postal strikes. Investors eyed anticipated end to postal disruption and easing short term rates as catalysts for a rally. Gains spread across steels, motors, chemicals, and glamors like Telex, Polaroid, IBM, Xerox. Control Data fell while Maytag edged higher on sales and earnings outlook.
MENTIONED IN THIS ARTICLE
Telex
Polaroid
IBM
Xerox
Maytag
International Industries
Dow Jones Averages and Stock Footnote Notation
The piece lists Dow Jones averages and named stock notes from 1970, with footnotes explaining dividend types and corporate actions. It explains annual dividend rates, special payments, stock dividends, liquidating values, and other designation codes used in the table.
North Carolina South Carolina and Virginia weather forecast
Forecast highlights for North Carolina South Carolina Virginia and Georgia. North Carolina sees mostly cloudy skies with showers or snow flurries in the north and showers in the south with lows in the 30s. Wednesday brings warmer and more clouds with regional showers. South Carolina remains partly cloudy with a slight warming trend and a chance of showers in the northwest. Virginia stays partly cloudy tonight with rain chances spreading eastward by night and highs in the 50s to 60s. Georgia stays mostly fair then becomes cloudier and warmer with a few showers, highs in the 60s to 70s. Extended outlook for North Carolina shows chances of showers Thursday and Saturday with warm Thursday cooling Friday and cool Saturday. Daytime highs range from the 50s west to 60s east, lows in the 30s to 40s along the coast.
MENTIONED IN THIS ARTICLE
North Carolina
South
South Carolina
Virginia
Georgia
Lane Inc declares dividends and new director noted
The Lane Inc of Altavista Virginia declares quarterly 25 cent preferred dividends with record date June 15 and payable July 1 plus 12 percent quarterly common dividends with record March 30 and payable April 9 1970 Adrian M Pearsall named a Craft Associates director Craft Associates acquired last December becomes a wholly owned Lane subsidiary All other officers and directors were re elected A 25 year association anniversary dinner for Archie E Pr was held for James S Conrad Inc at the home of Mr and Mrs Braxton Elliott of Trinity An engraved watch was presented to Sappenfield
MENTIONED IN THIS ARTICLE
IBM
Ue Amp Inc
Millek Core Hs A
Jewel Co
Richfid
Jon Logan
Atlas Chem
Miz
Atlas Corp
Aveo Cp
Avnet Inc
Kaiser al
Magan KanPwk
Katy Ind
Ie Bait GE
Kayser Ro
Fos
Kenncott
Beckman
BeechAr
KimbClik
Bendix
Kraftco
BenefFin
Kresge SS
Brock
L— Boeing Co
Lear
BucyEr
Val Ligg My
Budd Co
King TV
Bulova W
Litton
Bank Ramo
Ysit
Lockheed Air
Burlind
LoewsThe
BuriNorth Wi
Lonescem
Lonesga
Burrghs
LongisLt
Lucky St
LVO Corp
Ve iLykeYng
Macke Co
CastieCke
Macy
Ceinese Cp
Magnvox
Maytag
Mobil
Colg Pal
Monsan
CBS
Montan
NEW York
Coln Gas
Motorola
Comsat
Air West
ConFood
Asamera
AtlasCorp
Arnes Eng U
Campos
Chile
Cen Javelin
Cinerama
Dixilyn Corp
Crouseh
Natomas
Cynalectin
CrowCol
New Pow
Me Equity Co
Crown Cork
Fed Resrees
CrwnZell
Newmat
Nig MP
Giant Yel
NorfolkWst
Goldfield Ve
Biname Norrisind
NoAmRk
Vel Dart Ind
Itt Corp
NoStaPw
Kaiser
Northrop
Deere Co
DeltaAir
Norton
Newldria
Denrgr
NortSim
NewPark Morm
DetEcis
Ormand
Det Steel
Occidnt Pet
OhioEdis
Saxon Indust
Dillon Co
Okla GE
Abees Disney
Technico
Syntex
Olin Corp Omark
Wa Nuclear A
DowChm
Dressind
Otis el
Pacitg
East Air Lin
Pac Pet
EasKodak
PacPwl
EatonYa
We Pact&t
Echlin Mt
Panasul
Eg&g
Va PanAm WaAir
Eipasong
Panh EP
Eltra Cp
Va Price Davis
Va PennDix
Penney JC
Evans P
PennzUn
Eversharp
PepsiCo
Phelps D
Fansteel Inc
Verita el
Fedders
Philip Morr
FedDeptstr
Me Phill Pet
Firesine
Pitney
Pugs PL
FruenCp
Reading Co
ReichCh
Gpubut
Republic
Genesco
Gerber
Gettyo
Reyccola
Gillette
Gien Alden Cei
Global Marin
RyderSys Goodrich
Goodyerms
Safeway
GraceCo
Greyhound
Gulf Oil
Scoa Ind
GulfStart
Scott Paper
Socling
Herc Inc
SignalCo
HoernwWal
Hoff Electra
South Co
Soucale
Howmet
Sperryr
IdahoPw
I Cent
Bia
Stdoimj
Ind. Rails Util
Ina Cp
tdOilOh
interikSt
Asa
Hign
The
Lane, Inc
Altavista
Adrian M. Pearsall
Craft Associates, Inc
Wilkes-Barre
Lane Co
James S. Conrad,Inc
Archie E. Pr
Braxton Elliott
Trinity
Sappenfield
Wake Forest Coach Peahead Walker Near Death in ICU
CHARLOTTE AP Doug las Clyde Peahead Walker former Wake Forest head coach from 1937 to 1950 was in serious condition in a Charlotte hospital ICU. Family said his illness is grave with a mix of conditions. Walker led the Demon Deacons to 77 51 46 overall and two bowls including the 1946 Gator Bowl loss to South Carolina and the 1949 Dixie Bowl loss to Baylor.
MENTIONED IN THIS ARTICLE
Charlotte
Douglas Clyde
Peahead
Walker
Wake Forest University
Charlotte Hospital
Gwen ‘Thomason
Deaes
South Carolina
Jacksonville
Fla
Birmingham
Ala
Baylor
Wake Forest
Fot
Yale
Montreal
Canada
New York Giants
Lawyer Seeks Ruling On North Carolina Antibus ing Law
A civil rights lawyer urged a federal three judge panel to declare North Carolina's antibusing statute unconstitutional. The case stems from the Charlotte-Mecklenburg desegregation plan requiring mass busing to achieve racial balance and conflicting state court injunctions. The panel will decide if the state statute can block federal court order enforcement and whether state officials should be named in the desegregation cases.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina
Jack Nabrit
Naacp Legal Defense and Education Fund
Charlotte - Mecklenburg
Charlotte - Mecklenburg County
Gov. Scott
A. C. Davis
W. K. McLean
Concerned Parents Association
Carswell Faces Ethics Claims in Supreme Court Nomination
The article reports charges that Carswell violated judicial ethics amid claims his support from the American Bar Association was not wholehearted. The Philadelphia Bar Association urged defeating the nomination, citing testimonies from scholars and lawyers on Carswell’s legal ability and judicial stature. Two Democrats Symington and Church announced opposition, bringing the publicly committed against to 27 of 39 supporters.
MENTIONED IN THIS ARTICLE
Carswell
American Bar Association
Philadelphia Bar Association
Board of Governors
Philadelphia
Our Land
Stuart Symington
Misouri
Frank Church
Idaho
Nixon outlines 1972 federal education funds and desegregation plan
President Nixon announced a $1.5 billion federal education budget for fiscal 1972, allocated to four priorities: desegregation needs, aiding racially impacted districts, helping districts far behind educationally, and funding innovative interracial experiences. He proposed voluntary local compliance guided by local boards, with federal aid on request and no coercive federal imposition, plus alternatives to mass busing such as shared activities in neutral settings. Nixon warned against overreacting to de facto segregation patterns and urged constructive leadership to desegregate.
MENTIONED IN THIS ARTICLE
Nixon
Mrty
North Carolina Still Clean and Healthy, Sowers Says
Durham AP report quotes Roy Sowers Jr as NC conservation chief saying the state has not reached the point of no return on pollution. He argues NC remains clean, denies an inescapable anti pollution prison, and says policies won’t drive industry away.
MENTIONED IN THIS ARTICLE
Durham
Roy Sowers Jr
Conservation and Development
North Carolina
Also Mentioned on This Page
Stock Market Report
Swift Co
Tampa el
Tektronix
Teledyn
Ta Tenneco
Texco
TexPiden
Textron
Thiokol
Sie Baies Ual Inc
UMC
Undiical
UN Pac Cp
Union Pacif
Uniroyal
UnitAire
Unit Cp
Usgypsm
US Indust
Univo
Upjohn
Vendo Co
WinnDix
Wookwin
Inom Xerox
Zale Corp Én
Zenithe
Associated Press
NEW York — Exchange
New York Stock Exchange
E Acf Inc
al al
AllegLud
AllieéCh
AlliedStr
Alco
AMBAC
Am Hess
Am Alrtin
Amecix
Am Motors
AmNatGas
Dow-Jones
Cence Nees
ASTOR
Amer
Caro
Eckerd Drug
First UN
Bk. Corp
Hardee’s
Integen
Life of
Carolina
N.cnb. Corp. N.C. Nat. Gas
Pied. Aviation
Pub. Serv. of
N.C
Ruddick Pref
TM Ruddick Com
Son. Film Ext
Wix
Wellington Hall F
A.P. Stock
L—Stock Index—I New York
Eames Industrial
Ererececesse Cde
Pee Duadeenevereses
American — Exchange
Peahead’ Walker
James B. McMillan
Charlotte-Mecklenburg
Charlotte- Mecklenburg
Appeals Court
J. Braxton Craven Jr
Asheville
John D. Butzner Jr
Richmond, Va
Julius Chambers
Adam Stein
William J. Waggoner
Ben$. Horack
Charlotte - Mecklenburg School Board
Atty
Robert Morgan
Bob Scott
Wil
Liam H. Booe
Whiteford S. Blakeney
Concerned Parents Association of Charlotte
North Carolina Superior Court
Sowers
N. M
OUR
Radio
WHPE
R.S. Dickson
Powell, Kistler & Crawford
New York and
American Stock Exchanges
Aid
N. Main ST
Tax Service With
Thomasville
E. Main ST
E. Green
Calhoun Drug Store
Monthey Ave
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