Market Slump Follows Nixon Phase 3 Curb Doubts
Dow Jones Industrial Average fell sharply at 11 30 am, down 7 14 to 925 20, after earlier losses. Analysts cited investor disappointment with President Nixon's Phase 3 measures and hoped for stronger action to curb inflation. Decliners outpaced gainers as trading slowed.
MENTIONED IN THIS ARTICLE
Ces
Dow Jones
Dow
Iss
Nixon
Monte Gordon
Cryfus Corp
Louis Abt
Granger & Co
New York Stock Exchange Afternoon Prices Summary
New York Stock Exchange afternoon prices show widespread activity with numerous issues trading at varying highs and lows. Notable listings include Adams Millis and Pfizer among many others, reflecting diverse gains and losses across sectors and industries.
Stocks Edge Higher in Noon Exchange Prices Amid Mixed Results
American Exchange midday prices show mixed readings with gains for some issues like Technicolor and Ford, while declines appear for others such as Frontier Air and several oil and chemical names. The AP notes that dividend rates are unofficial and largely reflect last quarterly declarations, with several footnotes clarifying special or extraordinary payments.
MENTIONED IN THIS ARTICLE
NEW York
Ap) - American Stock Exchange
Certron Cp
Cinerama
Creop
Data Contri
Husky Oil
ImpOi
Instrum Sys
Indiva
Jetronic Ind
Ve Kaisrin
KinArk Crp
VY Lafay Radio
LaMaur
H— Ve Lee Entr
LoewThewt
LTV Corp Wt
Marshal Ind
Medenco
Milgo Elect
Newldria M
Newpark Rs
NerCdn Oils
Okccrp
Ormand Ind
Ozark Airlin
Phoenix St
Puritish
Arklgs
Asamera O
AO Indust
BanstrCdl Lt
Barnes Eng
Buttesg
Camp Chile
NM Stathamins
Telprompt
Tonka Cp
Viewlex
New York Stock Exchange Index Updates At Noon
New York noon values show slight dips across sectors. Industrial falls 0.19, Transportations down 0.23, Utilities off 0.01, Finance down 0.39, overall index around 57.29 with a 0.17 drop.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Stock Averages and Bonds Mixed in Noon Market Update
The Associated Press stock report shows mixed noon figures with declines in some averages and gains in others. Bond averages and various securities from rail, utility, foreign sectors appear with noted net changes and daily highs and lows across the session.
MENTIONED IN THIS ARTICLE
Associated Press
Wsst
Rails Util
Rails Ind
Util
Fgn. L
Dow Jones Averages and Sector Movers Report
The market summary lists IOCKS and ONDS figures with declines across industrials transport utilities and bonds. Industrials show a slight drop, while rails and utilities vary. the overall tone signals mixed performance amid closing values.
MENTIONED IN THIS ARTICLE
Cs Ba
Over-The-Counter Quotes From NASD Highlight Inter-Dealer Prices
The NASD quotations show representative inter-dealer prices around 11 a.m. Inter-dealer markets shift during the day. Prices exclude retail markups markdowns and commissions. Provided via the High Point office of E F Hutton Co. Inc.
MENTIONED IN THIS ARTICLE
High Point
E. F. Hutton & Co. Inc
Pentagon papers probe tied to White House aides
The FBI report details Ehrlichman keeping a clipping file on the Pentagon papers now in archives. It notes the investigation was run from the Krogh Young office and that Ehrlichman did not know the whereabouts of materials produced by Krogh, Young, Hunt, and Liddy.
MENTIONED IN THIS ARTICLE
Ehrlichman
FBI
Egil Krogh
White House
David Young
National Security Agency
Krogh
New York Times
Neil Sheehan
Pentagon
Ellsberg
Leonard ‘Boudin
Boudin
High Point Enterprise Rates and Publishing Details
The High Point Enterprise outlines subscription rates for daily and Sunday editions, Sunday only, and carrier delivery options. It lists a mailing address in High Point North Carolina and notes AP affiliation and advertising representation.
MENTIONED IN THIS ARTICLE
High Point Enterprise
N.C
Associated Press
High Point
High Point Enterprise, Inc
Ward-Griffith National Advertising Representatives
Nixon Tightens Oversight On Big Firms Inflation Move
President Nixon unveiled steps targeting large companies to curb price hikes. Firms with annual sales above 250 million must notify the government before raising prices by more than 1.5 percent over January 10 levels, delaying increases 30 days for review. The plan expands enforcement staff and requires detailed reporting on price changes since Phase 3 began, while avoiding new wage price freezes.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Conday
Cost of Living Council
Treasury
George P. Shultz
Internal Revenue Service
White House
Congress
Forest Fires Ravage Carteret County Northeast Area
Firefighters battled four blazes in a remote part of northeastern Carteret County near the Neuse River. About 20 ground personnel with five tractors and three airplanes worked to contain the last fire covering around 15 acres, part of roughly 550 acres burned since Wednesday morning. The fires, on land owned by International Paper Co and Weyerhaeuser, may have been set intentionally. Access was hindered by remoteness, requiring river crossings and air dropping chemicals on Wednesday.
MENTIONED IN THIS ARTICLE
Morehead City
Carteret County
North Carolina Forest Service
Harold Grady
Grady
International Paper Co
Yerhauser
Neuse
Mixed amendments move on liquor bill in North Carolina Senate
Mix of motions and votes shapes liquor bill debate in Raleigh. Bahakel says amendment already covered by bill while Deane’s proposal to raise tax fails 28 to 20. Allsbrook questions discrimination against small restaurants and constitutionality looms as Strickland warns against becoming wetter. Rountree defends the measure though Poovey calls it trickery and Somers urges strict control.
MENTIONED IN THIS ARTICLE
Cy Bahakel
D-Mecklenburg
Bahakel
Charles Deane
Richmond
Julian Allsbrook
Halifax
State Board of Health
Tom Strickland
Dwayne
George Rountree
New Hanover
Reid Poovey
Catawba
Robert Vance Somers
Rowan
North Carolina
GOP Helped McGovern Says Paper
New York reports federal investigators believe Republicans assisting Nixon re election ran three networks of agents aimed at aiding George McGovern’s Democratic nomination. The Times says the espionage program began under White House Chief of Staff H R Haldeman and operated via networks controlled by the White House and CRP.
MENTIONED IN THIS ARTICLE
New York
Nixon
George McGovern
New York Times
GOP
McGovern
H. R. Haldeman
White House
Committee For
Watergate developments widen as Krogh takes leave and Magruder testifies
Magruder testified for three hours saying he answered all questions without immunity. Bud Krogh took sudden personal leave from the Transportation Department after being urged to explain the Ellsberg burglary. Senate panels press toward mid May public hearings while considering immunity and witness scope as Nixon faces pressure over the scandal. E. Howard Hunt and G. Gordon Liddy are linked to wiretapping of New York Times reporters in 1971.
MENTIONED IN THIS ARTICLE
Magruder
Egil “Bud” Krogh
Department of Transportation
Krogh
Ehrlichman
White House
Daniel Ellsberg
Transportation
Claude Brinegar
Brinegar
Ellsberg
George McGovern
Nixon
Senate Watergate Committee
Senate
The
Washington Post
E. Howard Hunt
G. Gordon Liddy
New York Times
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Stock Market Report
Richard L. Stern
NEW York -Exchange
BristMy
BritPt
Brunswk
BucyEr
BuddCo
Bulovaw
BunkRewi
Burl Ind
BuriNor
Burrghs
Addisso
Seine
L Admiral
Air Prd
Airco
Arizona
AlcanAl
AllegCp
FdFair
Pfizer
Fordm
Formck
PhilaEl
PhillPet
Ae Finkinm
Attaoan _ ie
GamSk
Sim Ve Gannett
Proctg
Motors
Gen Dynam
Psvcol
Va Arcatae Sa
Oe GenEl
PSVEG
Asmstr
Publckr
Pueblol
At&t
Pugspl
Ei Amt&t
Sterel
Pullman
Quaksto
Va Amp Inc
Gen Tire
Questor
Ampex Corp
Genesco
Anacon
GaPac
Anohrh
Gerber
ApecoCp
Gettyo
ArchDan
Gillette
Armcos
AshdOl
Atlas Corp
Avco Corp
Bellow
Bendix
BenfiCp
Benguet
BethSt
Boeing
Boise Cas
Borden
BigWar
Ralstorp
Rancom
RandAm
Raythen
RdgBate
ReichCh
Repudstl
Kellogg
Kennett
Kerrmmg
Kimoel
Knightn
Kopprs
Kraftco
Kresger
Kroger
LearSieg
Lenpcm
Cal Finant
Fe Levitz Furn
CarrirCp
Cartwa
Castle C
LTV Corp
LVO Corp
Lykes Yngst
Chris Craft
Macke
Vie
Clark E
CocaCol
Marcor
ColgPal
CBS
McDond
ColGas
McDond Wi
MeadCp
MelvSho
Comsat
Merck
Monsan
Matdut
MonPw
Cooperin
Fa Crown Cork
Nabisco
CrwZell
Sy NatAir
Dartind
Deere
NatGyp
del Mat
Nat Ind
Delta Air
Nt Steel
Nat Tea
Dillon
Disneyw
Newmt
Niamp
OrPeppr
DowCh
duPont
Northrop
East Air Ln
Norton
NorSim
Satan
Echlin
EltraCp
Oklage
EmerEl
Oklang
Esmark
OlinCorp
Essexint
OtisElev
EthyiCp
OutMar
Owen In
Exxon
Owen
PacPetri
Pacpl
PanAm Air
Penney
PaPwLt
FlaPwl
Pennzoil
Vamaneima
UnCard
UN Elec
Seuss
Unocal
Upaccp
Uniroyal
E— Ve
Unit Air
Umm
Usgyps
US Ind
Ussteel
Univ Oi Pd
UV India
Va —_— VV Varian Assc
Sone
VendoCo
Vevaepw
Wachova
WarnLa
WarLam
WestgEl
Weyerhs MG
White Motor
Ste
Williams Co
Va Zale Corp
Zenith
A.P. Stock
Goodrich
Goodgr
e/Reyind
ReynMet
GrenGrant
Roanst
Greyhol
Rockwil
Grumman
Rohrind
GuifOil
Roy
Tin Nsoe
Hercules
Heublei
SCM Corp
Evbiein
Coaind
Hew
Ieee
Uae
Holtsease
Homestic
Hongwil
Abe Aéve
Idahop
Socale
Ingerr
Sperry R
Savare A
IBM
StBrand
Stdoucal
StOilind
Stouoh
Intt&t
e/StaufCh
SterDrug
Stevens
Anheuser Busch
Atlantic Pepsie
Jontau
Gee Geet Ag
Bassett Furn
Jovity
Teledyn
E—A
Bluefield Sup
Im Z KaisAlm
Tennco
Cameron Fin. Corp
Rigel
Uicarolina Carib
Katy Ind
E- Carolina Carib
Kayserr
Texasgit
Cato
Texpld
Chatham Mfg
Textron
Coca Cola
Timenir
Furs
Ime
Daniel
Hendredon
Arednig
Hickory Furn
Twent
Integon Corp
UAL Ine
J. B. Ivey
UMC Ind
Es Lane
Life of Caro
Incnb Corp
N.C. Natural Gas
Northwestin Inv. Com
Phillips Fescue
Piedmont Avia
Publ. Serv. Ry
Quality Mills
Rex Plastics
Royal Scots
Ins
Wellington Hall
West Knitting
Dow-Jones
Church Avenue
Bill Neikirk
Haldeman
Hugh Scott
Chicago Sun- Times
Scott
House
Gerald R. Ford
General Electric
Dependable Refrigeration, Inc
Main St
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