Stocks dip as Vietnam war worries curb trading
A slow session on Wall Street sees broad declines with the Dow slipping 7.38 to 933.85 and the AP 60 down 1.8 to 330.4 as investors await battlefield news. Ford, airlines, oils and chemicals slide while Geneseo advances on news of a board meeting to settle a management dispute.
MENTIONED IN THIS ARTICLE
New York
Vietnam
New York Stock Exchange
Associated Press
White House
North Vietnam
Defense Department
Ford Motor
American Stock Exchange
Geneseo
Mobile Homes Industries
Mammoth Mart
Syntex
Heck’s Inc
Suave Shoe
Dow Jones Averages Mixed as Stocks Fluctuate Across Sectors
The market summary shows varied moves with the Dow Jones averages slipping while industrials and transportation sectors drift. Bond prices edge up slightly amid modest shifts in utilities and overall trading activity remains cautious.
MENTIONED IN THIS ARTICLE
Bondecs
Grace Ratis
New York Stock Exchange Index Report At Noon
The noon stock index for New York shows varied movement across sectors. Industrial and transportation listings slide while utilities edge higher as overall market activity markets readings shift amid trading day.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Finance ‘ Ciectceccee
Galifianakis Hopes to Avoid Runoff in Senate Race
Congressman Nick Galifianakis says Senator B Everett Jordan must decide on a June 3 runoff against him after Galifianakis led the first Democratic primary. He hopes Jordan declines to call a runoff and says he can defeat Republican Jess Helms if he secures the nomination. He would not fear a debate but questions its benefit. He notes he has staked out positions while Helms has not voted.
MENTIONED IN THIS ARTICLE
Raleigh
Nick Galifianakis
B. Everett Jordan
Jordan
Galifianakis
Jess Helms
Helms
Congress
Bowles and Taylor Clash in Governorship Runoff
Bowles vows to hold the line on taxes and plans a bold early splash before quieting down while Taylor, a 17 year veteran from Wadesburg, attacks Bowles on taxation and pushes his own legislative experience. Bowles carries four lucky pieces as superstitions guide his campaign.
MENTIONED IN THIS ARTICLE
Bowles
Durham
Taylor
Wadesburg
Praigg Jr Receives C.A.M. Designation At AMS
The Administrative Management Society awards the Certified Administrative Professional designation to N. Todd Praigg Jr. of Henley Paper Company in High Point. He is among the first to earn the new C.A.M. credential, launched in September 1970 to recognize qualified administrative managers and confer professional status.
MENTIONED IN THIS ARTICLE
Professional Accreditation Commission of the
Administrative Management Society
N. Todd Praigg Jr
Henley Paper Company
High Point
AMS
Piedmont Wholesale’s Jack Cox Named Federated Merchandising President
Jack Cox, head of Piedmont Wholesale Co. in High Point and Greensboro, has been chosen as president of Federated Merchandising Corp. Federated Merchandising is a cooperative of tobacco candy and sundries wholesalers.
MENTIONED IN THIS ARTICLE
Jack Cox
Piedmont Wholesale Co
High Point
Greensboro
Federated Merchandising Corp
Federated Merchandising
Leaf Men Eye China Market
The Agriculture Department cautions U S tobacco growers that China will not soon become a major market. A Foreign Agriculture Service report notes China is a large tobacco producer, second to the United States, with flue-cured leaf dominating exports. China last traded with the U S in the 1920s and 30s, ending with war and the 1949 Communist takeover.
MENTIONED IN THIS ARTICLE
Washington
China
U.S
Agriculture Department
Foreign Agriculture Service
United States
Hugh C. Kiger
FAS
Pope cautions media use on World Communications Day
Pope Paul VI warned against passive uncritical acceptance of press information amid a ceaseless flood of media. He urged all men of good will to seek unassailable truth to gain freedom from fear, prejudice, and pressure group dominance in reporting and interpretation.
MENTIONED IN THIS ARTICLE
Vatican City
Paul VI
World Communications
Hunt Surprises Pundits By Margin Of His Lead
RALEIGH AP The big vote piled up by Wilson attorney Jim Hunt in his bid for the Democratic nomination for lieutenant governor of North Carolina was one of the surprises of Saturday's primary. Hunt led four others but not a majority over runner up Roy Sowers. Runoff decisions hung on results with Stephenson saying it could go either way and perhaps announced Thursday. Hunt 317,064. Sowers 169,064. Harper 143,744.
MENTIONED IN THIS ARTICLE
Hunt
Stephenson
Lowers
Margaret Harper
Southport
Allen Barbee
Spring Hope
Frazier
New Bern
Stphenson
Council of State
W. C
Billy” Creel
State Department of Labor Safety
John Brooks F
Raleigh
Creel
Brooks
John S. Blanton
Robert C. Folger
Dobson
John B. Wardell
High Point
Phillip Ellen
Southern Pines
Russell Secrest
Cary
State Department of Insurance
U S Air Raids Target North Vietnam As Hanoi Measures Back
U S forces said air raids hit military targets in North Vietnam and coast positions as bombers struck beyond the demilitarized zone. Radio Hanoi claimed two American planes were shot down near Hanoi though U S officials reported no losses. The strikes, ordered by President Nixon, aimed to slow the 40 day offensive and prod peace talks as battles raged along Highway 14 between Pleiku and Kontum.
MENTIONED IN THIS ARTICLE
Dmz
U.S
South Vietnam
Hanoi
Central Highlands
Highway 14
Pleiku
Kontum
Margin by precinct marks Jordan lead in 81 counties
Helms ran a steady campaign focusing on hand-shaking while Galifianakis also stumped. Both candidates sought a pay-off through persistent campaigning, with Jordan positioned as the front runner across numerous counties.
MENTIONED IN THIS ARTICLE
Helms
Galifianakis
Delegate totals head into nominating conventions
AP tally shows McGovern leading with 313% and Humphrey at 238 as North Carolina Ohio and Minnesota results near final. Wallace has 210 delegate votes while Muskie sits at 1284 and Sanford 15. Nixon holds 333 with 46 uncommitted. totals needed to nominate are 1509 for Democrats and 674 for Republicans.
MENTIONED IN THIS ARTICLE
Washington
North Carolina
Ohio
Minnesota
George McGovern
South Dakota
Hubert Humphrey
Gov
George Wallace
Alabama
Edmund
Muskie
Maine
Ey Sanford
North Caro House
Walter Fauntroy
District of Columbia
Shirley Chisholm
New York
Nixon
Sanford predicts more Wallace votes by July convention
Sanford says he will campaign for the June 3 New Jersey primary and continue delegate hunting in nonprimary states. He expects to exceed Wallace’s 27 North Carolina votes by July 10 at Miami Beach, while Wallace had 37 convention votes in North Carolina. Unofficial totals show Wallace leading among Democrats and Nixon dominating Republicans in the latest figures.
MENTIONED IN THIS ARTICLE
New Jersey
Miami Beach
North Carolina
Wallace
Sanford
Alabama
Maryland
Michigan
Sanord
Chisholm
Muskie
Jackson
Nixon
Paul N. McCloskey Jr
California
Also Mentioned on This Page
Stock Market Report
Miles A. Smith
AP Business
Caro Plt
Memorex Cp
Ve Cartwal
Se Merck
Va Castlecke
Merck Co Wi
MGM
Enco Ins
Cerro Cp
MobilOil
Chris Craft
Monsant
IT Finl
MorNor
Soc
Motorola
ClevEl
Mtstatt
CocaCol
Nabisco
ColyPal
Ve Nat Airline
Collins Rad
Natcashr
CBS
Ve Nat
Comsat
Nat Steel
Conti Corp
NL Ind
Norfolk
Norris Ind
Cooper
Noamrk
Cowles Com
Cox
NoStaPw
CrowCol
Crown Cork
Crwnzell
Norton
NortSim
Dan River Be
Daycoop
Wh Deere Co
Delta Air
Diam Sham
Owen Tll
Dillon
Disney
Actat
Duke Pw
PanAm Sul ‘ duPont
Penney
EasKod
PaPwlt
Eaton
PennzUn
Eg&g
Pfizer
Elpasong
Bio Phelps D
EltraCp
Phila el
PhilMorr
Pitney B
Feddstr
Puebdloin
Pugsplt
Vie — Firestone
Pullman
Questor
Rdig Bate
A FormMcKs
Reviow
Fruehl
Allella Reyn Ind
GAC Corp ” WY
Wwe
GAF Corp
RoanSel
ReynMet
Gam Sko
Gannett
Rohr Ind
Weib Sanders
Ea AP
Getty
SCM Corp
Gillette
Scoa Ind
Ae Sa
Searsr
Shell Oil
Gra&p
Airco 400
Signal Co
Arizona
SingerCo
Greyhound
Smith KF
Alley Co NW
GrummaCp
Sony Cp
Scoteg
South Co
Halliburt
Southn Pac
AllisCh Ve
Harris Int
SouthRy
Sperry R
Heublein
Squibb
St Brands
Hoernwal
Kolisman
Hoff Electra
Die — HollySug
Ameipw
Stauf Ch
Stertorua
Amihcix
Stevens
Am Motors
Howmet
Anatgas
IdahoPw
SunOil
Asmehr
SwiftCo
ImeriCo Am
AMF Inc
Tampa
AMP Inc
Tektronix
Ampex Corp
Teleayne
Telex
Tenneco
Atlas Cirp
Tstek Corp
Avce Corp
Jewel Co
ThriftyOg
Lala
TimesMir
Avon Pd
Jonnian
Timken
BaockWe SS
Jonnion
Todd Ship
Jon Lau
Jostens
KaisAlum
TRW Inc
Bell
Bercix
KeyserRo
VAL Inc
Kennecott
UMC Ind
Kerrmcg
Serder
Koppers
Jere Uniroyal
SergWer
Kraftco
Air
Kresge SS
Brit Pet
Kroger
Orurswek
LearSieg
Lytte
US Inoust
Dare —'S Co
Ind Js
Ya US PsyCh
Bulovan
Lenman
Ramo
Levitz Furnae
Ig US Steel
T'S
Agence Ind
Littonind
E Cal Finan
Ae & A
Lockheed Air
Varian Assoc
Macy
Marcor
Whittaker
Mayostr
Williams Co
Aerojet
AO Indust
Arklgas
Asamera Oil
AtlasCp
Barnwel Ind
Brascan Ltd
Buttes Gs Oil
Certron Cp Es
C Cinerama
Va Data Control
Dillard
Dixilyn Corp
Electrospec
Felmont
Frontier Air
Instrum Sys
Corp Jetronic Ind
Kaiser
Kin Ark Corp
Kinsford
Lafay Radio We
Lee Ent
Marshal
LTV Corp
McCrory
Milgo Elect
Newldria Mn
NewPark Mn
Nor
Cdn Oils
OKC Corp
Ozark Airiin
Permaner
Phoenix
Statham Insurry Rain
Viewlex
Westates Pit Vln Corp
Wilshire Oil
Yates
Zim Hom
NEW York Exchange
A.P
Imo
Wdl
Ty Rais Ind. Util Fn. L
NEW York Stock Index
Nick
Praigg Named
Leaf
Pope
Secrest
John Ingram
Asheboro
George Belk
George Cherry
Johnny Clark
Morganton
Cecil Duncan
Charlotte
Craig Phillips
John H. O’connell
Phillips’ Department
Phillips
O'Connell
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
N.C
Ward-Griffith Company
National Advertising Representatives
Nash Jewelry CO
N. Main St
Henry M. Jackson
Wilbur Mills
Arkansas
Kitchen Free
ELS Kitchens
Guilford County
Board of County Commissioners
Ogensavuring
Commissioners’ Room
County Administration
S. Greene Street
Airport
Dale C. Montgomery
We Sanitone
Master Drychroner
N. Centennial
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