Market slips as inflation fears weigh stocks in thin trading
The Dow right after noon fell 0.13 to 714.43 as declines outpaced gains amid inflation fears and weak first quarter earnings. Trading was moderate with some gold miners higher and several sectors mostly lower across the NYSE and Amex lists.
MENTIONED IN THIS ARTICLE
New York
Parke, Davis
AMK Corp
Federal Trade Commission
AMK
United Fruit
Associated Press
New York Stock Exchange
Telex Corp
Fairchild Camera
Homestake
IBM
General Motors
American Stock Exchange
Saxon Industries
Wang Laboratories
Milgo Electronic
Inter-dealer NASD Quotations at 11 A M
The article notes NASD bid and asked quotations as representative inter-dealer prices at about 11 a m. Markets evolve through the day and the figures exclude retail markups markdowns and commissions.
Nixon gives optimistic Cambodia briefing to Congress
President Nixon and top officials briefed Senate and House Armed Services committees at the White House on Cambodia operations. Chairman John C. Stennis called the progress “going right well” as Mansfield voiced a cautious mood amid recent events. A similar session on foreign policy was planned for later.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congressional
U.S
Cambodia
John C. Stennis
D-Miss
Senate Armed Services Committee
White House
Mike Mansfield
Montana
Senate
House
Armed Services Committees
New York Stock Index Report Distorts Market Tone
Brief market update from New York shows mixed trading as transportation and finance sectors affect indices. Report notes noon figures with unclear company names and sector shifts impacting overall sentiment.
MENTIONED IN THIS ARTICLE
New York
New York Stock Conanines
Bers Sagen Industria
Oraabisdene Transportation Sone UttHty Caine Finance
Jefferson-Pilot Q1 earnings rise and dividend declared
Jefferson-Pilot Corp reports about 1 million increase in first quarter earnings. The firm declares a 20 cent per share quarterly dividend payable June 5 to stockholders of record May 15. At the annual meeting Charles E. Hayworth of High Point is elected to the board of directors.
MENTIONED IN THIS ARTICLE
Jefferson-Pilot Corp
Roger Soles
Charles E. Hayworth
High Point
FTC Meeting on Trade Rules With Furniture Groups
Robert Spelman and Tom Power of the Southern Furniture Manufacturers Assn and John Snow of the National Assn of Furniture Manufacturers will meet on Thursday in Washington with the Federal Trade Commission to discuss proposed trade practice rules. The associations question the FTC authority to require manufacturers to provide color fastness wearability and suitability information to the consumer.
MENTIONED IN THIS ARTICLE
Robert Spelman
Tom Power
Southern Furniture Manufacturers Assn
John Snow
National Assn
Thursda
Washington
Federal Trade Commission
FTC
Governor Commutes Death Sentence For Crawford
Governor Bob Scott commuted the death sentence of Marion Frank Crawford to life in prison to comply with a federal order and avoid release. The 4th Circuit had demanded life imprisonment or freedom after Crawford challenged jury exclusion on death penalty grounds. Crawford, convicted in Forsyth County in 1963 for killing an eight year old girl, had his guilt repeatedly upheld by courts. Scott cited multiple reviews and said keeping him in custody is necessary, acting with the attorney general's recommendation.
MENTIONED IN THIS ARTICLE
Raleigh
Bob Scott
Marion Frank Crawford
Scott
U.S. 4Th Circuit Court of Appeals
Richmond
Crawford
Forsyth County Superior Court
U.S. ‘Supreme Court
Richmond Court
Robert Morgan
Five Killed In Collision Near Walterboro S C
Five people died and two were injured in a two car crash on U S 17 A one half mile west of Walterboro. The dead include five men from Walterboro and Yarnville and two nurses Gertrude Beddard 31 and Corrie Browneen 22 from Cottageville. Jefferson Grant and Russell Kicklighter were listed in satisfactory condition at Colleton County Hospital.
MENTIONED IN THIS ARTICLE
Walterboro
S. C
U. S. 17
Charleston
Colleton County Hospital
Bobby D. Brunton
Clyde Craven
James L. Tutin
Yarnville
Gertrude Beddard
Corrie Brown Een
Cottageville
Jefferson Grant
Russell Kicklighter
Rainbow Drink Recipe Blends Sherbet With Milk
A pitcher or bowl softens pint lime orange lemon or raspberry sherbet then blends in one quart milk. Two teaspoons vanilla are stirred in. Chill and serve in glasses yielding about six cups.
Social Security Increase Measure Heads To House
The Ways and Means Committee approved a plan for a 5 percent Social Security benefit rise and a payroll tax increase. It would lift average retiree benefits to about 121.80 monthly for singles and 205.80 for couples, raise the tax base to 9000 and tax rate to 5.2 percent, boosting employer and employee payments. Widows and dependent widowers would gain from 82 to 100 percent at 65, and annual earnings exempt from pension reduction would rise to 2000. The bill funds total increases with 1.7 and 2.2 billion in other liberalizations and a 2.5 billion tax hike. It also sets Medicare/Medicaid fee standards and expands a voluntary comprehensive health service option with 95 percent coverage.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means
Blackmun Receives Senate Judiciary Committee OK
The Senate Judiciary Committee voted 6-0 to approve President Nixon's nomination of Judge Harry A. Blackmun to the Supreme Court. A report praising his qualifications will be filed in the Senate Thursday, with two senators expected to submit individual views within 48 hours.
MENTIONED IN THIS ARTICLE
Washington
Senate Judiciary Committee
Nixon
Harry A. Blackmun
Supreme Court
James O. Eastland
D-Miss
Rochester, Minn
Senate
Robert C. Byrd
D-W.va
D-W.va., and Sen
Birch Bayh
D-Ind
Byrd
Blackmun
Clement F. Haynsworth Jr
South Carolina
Haynsworth
G. Harrold Carswell F
Florida
Joseph D. Tydings
Drom
Eastland
Tydings
Eighth U.S. Circuit Court of Appeals
Monrd
Abe Fortas
Greenville
S.C
G. Harrold Carswell
Tallahassee
Fila
Carswell
Mixed Congressional reply to Nixon Cambodian troop move
Sen. Fulbright reports about 3,500 telegrams opposing Nixon's decision to send ground troops to Cambodia while the White House cites substantial broad support. Rep. Edwards notes 5,926 letters and wires against the action and 311 in favor after surveys and inquiries. Western Union records over 100,000 telegrams to Washington, roughly split between Nixon and lawmakers.
MENTIONED IN THIS ARTICLE
Washington
J. W. Fulbright
Senate Foreign Relations Committee
Nixon
Camboa
Fulbright
White House
Ronald L. Zie
Igler
Foreign Relations Committee
Don Edwards
D-Calif
House
New York
Western Union
Supreme Court Upholds Church Tax Exemptions
The Supreme Court rules 7 to 1 that religious property used for worship may receive tax exemptions. Chief Justice Burger writes of benevolent neutrality toward religion, while Justice Douglas warns exemptions may edge toward government sponsorship. The decision follows ongoing cases on state aid to private schools. Bishop Bernadin hails the ruling as reflecting religious exercise without government interference.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
William J. Brennan Jr
Warren E. Burger
Pennsylvania
Joseph L. Bernadin
U.S. Catholic Conference
Escapee Collins Wins Delay in NC Fugitive Hearing
Steven Collins, 40, a North Carolina fugitive who escaped from prison and used an alias, secured at least 30 more days of freedom as a hearing on his fugitive warrant was postponed. Michigan Governor Milliken may act on North Carolina's request for his return.
MENTIONED IN THIS ARTICLE
Grand Rapids, Mich
Steven Collins
Grand Rapids
North Carolina
Michigan
William Milliken
Collins
Fayetteville
N.C
Also Mentioned on This Page
Stock Market Report
Upjohn
Va Whittaker la
WinnDix
Xerox Cp
CarrierCp
Macy
ChiPneu
Maytag la
McDonnd
Sa ClevEllit
Mead Corp
CocaCol
Va cBs
Monsan
MontOut
Wee New York
Motorola
Imtfvels
Aerojet
Mtstatt
Am Petr
Oil
Walt AQ Indust
Nat Airlin
Arklgas
Alamera Oil
Cooperin
AtlasCorp
Ita
Corgw
L'A
Vel Barnes Eng
Cowles Com
BrascanLt la
Cox
Campbi Chile
Crown Cork
NatGyps
Data Cent
CronZell
Nat Indust NatLead
Dillard
Cudahy
Nat Steel
Dixilyn Corp
Felmont Oil
Dart Ind
Frontier Air
Deere Co
Valimp
Normrk
E . Iti Coma — Steel
Nongas
NoStaPw
Kaiser In
Lla Diam Sham
Lee Ent
DillonCo
Northrop
MidwFint
Eve
Nwst
Alri
Molybd
Dome Min Diversind
NwtBanc
Norton
Newldria Mn
Park Mn Iy
DowChm
NortSim
Dressind
DukePw
duPont
Dug Lt
Statham
jDyna Am
Syntex
Olin Corp
Technico
East Air Lin
Omarkind Is
Easkodak la
Otis Elev
Salles
Echlin
el Paso
PacL 1.60 21 23/2 23% 23% + Ve End Johnsn
Essexint
Pwk
Ethyl Cp
Ye Pact&t
E — Evans P
PanAm WaAir
Panh EP
F. Parke Davis
Penn Cent
Ear Hill
PennDix
Er Penney JC
I Pfizer
Pfizer
Phila el
Pola
NEW York (Ap
Pupscot
Buebloint
Pullman
Ei Admiral
Seicester Pearnt
H— Alcana
Raytheon
Alleg Pw
Geneseo
RCA
Ss AlliedCh
AlliedStr
Gerber
Allis Chaim
Getty O
Republic
Alcoa
Gillette
Revion
AMBAC
Glen Alden
Ve Am Hess
Global Marin
V2 Am Airlin
Goodrich
RyderSys
Acrysug
Grant W
AmeCyan
Gt A&p
Ameipw
Gt West Fini
Safeway
Enkala
St Jos
Ametrix
Am Motors
Gulf Oil
SaFeind
GulfStaUt
SanFeint
Schenley
Schering
T&t
AMK Cp
Herc Inc
Sears
AMP Inc
Shell Oi
Ampex Corp
Hoff Electra
SherwaWm
Holidyinn
HollySug
SignalCo
Ancorpnsv
Smith
Atl Richfid
Atlas Chem
Idaho Pw
Southrn Rg
Atlas Corp
Ideal
Spartans
Avco Cp
Sperry R
Avnet Inc
Imp Co
Avon Pd
INA Cp
St Brands
Kotisman
Ain Rand
Inland Sti
Stollind
Beckman
StarffCh
St Packaging
Beecher
Bell
Stevens
Bendix
Studeworth
Benguet
Itek Corp
Swift Co
Brock HR
Aia
BoisCas
JonnMan
Borden
Johnson
Tampa
Jon Logan
Budd Co
Joy Mfg
Texgsul
Bulova W
Bank Ramo
Kaiser al
Textron
BuriNor
Thiokol
KanPwt
TimesMir
Katy Ind
We Timken
Cal Finant
KayserRo
CampRt
Kenncott
Trans W Air
Kerr Mc
Transmra
Ve Caroplt
Kimbalk
Transitron
Koppers
TriCon
Va Umc Ind
Lenpcem
UN Carbide
Elec
Lehma
UnOilCal
Libofrd
UnPac Cp
Union Pacif
Ing TV
Amer. Furniture
Amer
Caro. Caribbean
Auto
Eckerd Drug
Ft. Union Bk. Corp
Hardee's
Integea Life
Caro
N.C.N.B. Corp
N.C. Nat. Gas
Pied. Aviation
Pub. Ser
NEW York Exchange
A.P
Rai Util
Railsind
Util
Fgn. L
Dow-Jones
American Exchange
Hayworth
Rainbow Drinks
William O. Douglas
Douglas
Germany
Sammy
Sally
First FEDERAL SAVINGS AND LOAN /Association
N. Main ST
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!