Market slides as Dow falls to noon 602.02
The Dow Jones industrial average slid to 602.02 at noon with a 9.86 drop as heavy selling swept the market. The AP reported broad declines across industries with rail and utility shares down and Coca-Cola and American Tobacco among notable losses.
MENTIONED IN THIS ARTICLE
Bache & Co
ED Morse
Atl Coast Line
AP Business
Atl Refining
NEW York (Ap
American Aveo Co
Aeise Ima Telephone
Bendix Corp
Boeing Air
Pennsy RR
Barden Co
Pepsi-Cola
Associated Press
Burl Ind
Phillips Petr
Ae Ee
Caro P&l
Radio Corp
Celanese Corp
Nsseseeveess
Champion P&f
Reynolds Tech
Ches & Ohio
Chrysler
Sears Roebuck
Coca-Cola
Sou Railway
Columbia G&e
Sperry Corp
Corn CO
Calif
Curtias Wit
Stevens JP
sharp/Dan Rio Mills
Texaco Inc
Steels, Dow Chem
Eastman Rod
Union Pac
Firestone Rule
Unite Airlines
Ford Motor
United Airer
Federal Trade Commission
United Fruit
al-Gerb
Va el
Goodrich BF
Va. P&p
Goodyear T&a
Western Md
At&t
Greyhound
West Union
Gulf Oil Corp
Westing el
Util
Int Nickel Can
Winn-Dixie
Woolworth
Federal Power Commission
Tel & Tel
Zenith Rad
Kayser-Roth
Houston
Kenet Cop
Light & Power and Consolidated
Liggett & Myers
IBM
Lorillard P
McLean Trk
Monsanto
Motorola
Lor
Nat Ecu
Sessyyars
Illard and
Reynolds Tobacco
Nat Dairy Pd
Nat Distillers
American Tobacco
NY Central
North West
General Motors
Avia
Ford
Pacific
Ohio Oil
Param
du Pont
Union Carbide
Pfizer/Penney JC
Schering
Dow Jones
American Stock Exchange
U.S
Aight
Am Motors
Ie Am Tel & Tel
Pebtesne Cssce
Atch T&sf
Cotton futures open without registered trades in New York
In New York the cotton market opened with no actual trades registered as futures contracts began trading sessions. The AP notes light activity and no price quotes established at the opening.
MENTIONED IN THIS ARTICLE
New York
Finals Held At Four North Carolina Colleges
The Associated Press reports commencement exercises at Johnson C. Smith University Shaw University Elon College and Gardner Webb College with speakers including Dr. Robert Weaver Lawrence E Spivak Rep Charles Jonas and Gov Terry Sanford plans at N C State College and Pfeiffer College upcoming events feature prominent figures.
MENTIONED IN THIS ARTICLE
Associated Press
North Carolina
Johnson C. Smith University
Shaw University
Elon College
Gardner - Webb College
Robert Weaver
Federal Housing and Home Finance Agency
Johnson C. Smith
Lawrence E. Spivak
Shaw
Charles R. Jonas
R-N.c
Elon
Terry Sanford
Pfeiffer
Frank Graham
U. N. Mediator
North Carolina A&t
Ralph McGill
Man Accused In Relatives Killings Near Unionville
Police hunted Gaynor Gilbert Smith 24 after a spree that left five relativesdead near Unionville. Officers believed he hid on Lee Moffitt farm 3½ miles west, with a .410 shotgun and ammo. A Continental jet crash also occurred within the search area. Patsy McBeth, 19, survived and guided investigators. The suspect fled after the killings following a square dance. He attended Hastings High School and served in the military.
MENTIONED IN THIS ARTICLE
Unionville
Town
Lee ‘Moffitt Farm
Towa
Gaynor Gilbert Smith
Moffitt Farm
Smith
Keokuk County
John Wallerich
McBeth Farm
Patsy
Ada Marie Smith Johnson
Denver
Colo
Hastings
Neb
Kitchin Triumphs In Tight North Carolina Democratic Primary
In the 1st district Kitchin defeated Kennedy with strong showings in six of eight counties. Kennedy carried Richmond and urban Mecklenburg while losing by about 7,000 votes in Mecklenburg. Kennedy warned turnout affected the result, while Kennedy, 39, pledged to back Kitchin against Jonas in a key gubernatorial contest.
MENTIONED IN THIS ARTICLE
Black Mountain
Brown
Kitchin - Kennedy
Kitchin
Kennedy
Richmond
Mecklenburg
Jonas
Carpenter Recalls Flight Experience At Public Homecoming
Astronaut Gordon Carpenter spoke for two hours to a sweltering tent full of astronauts, wives, officials and 200 reporters after a 48 hour medical debriefing in Grand Turk. He arrived at Patrick Air Force Base and was greeted by his wife Rene and their children before a parade to Cape Canaveral. Thousands cheered as crowds lined the beaches to view the astronauts' return.
MENTIONED IN THIS ARTICLE
Carpenter
Patrick Air Force Base
Grand Turk Island
British West Indies
Rene
James E. Webb
Cocoa Beach
Cape Canaveral
Officials to Testify as Operations Surge Fourfold
The Fountain subcommittee hearings expanded with four more department employees summoned to testify. Rolland F. Ballou, S. R. Smith, D. W. Townsend, and Donald I. McCoy were named in the testimony lineup as the panel resumes after Memorial Day, with a two month timeline anticipated for completion.
MENTIONED IN THIS ARTICLE
Rolland F. Ballou
S. R. Smith
D. W. Townsend
Donald I. McCoy
Wichita
Kan
Hoke County approves liquor store in Rae Ford
Voters in Hoke County approve an Alcohol Beverage Control store by a narrow 1 398 to 1 294 margin. The result ends weeks of campaigning by wet and dry forces and paves the way for store setup in Rae Ford within weeks.
MENTIONED IN THIS ARTICLE
Raeford
N.C
Hoke County
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Er i
Marins
Wor
University of
Andrew R. McBeth
Dora
U. S. Supreme Court
Amos
Anna
Tom Clark
UNC
Katherine
Law School
Duke University
Wake Forest College
Duke
Gaylord P. Harn
Vonna Jean Kellogg
McBeth
Patsy Lou
Perry
Yale University Divinity School
Thomasville, N.C
ESTES
High Point Lions Club
Minnie Pearl
Becky Idol
Albion Millis Stadium
High Point, N. C
Stutts Tailoring
Ae EE Eer
Bruce A. Bailey
William L. Black
Prudential Agent
Hedgecock Lumber Company
St. Ph
Finance & Acceptance Corp
High Point, Inc
E. Commerce St
South
G. E
Pete” Schultheiss
D. Brantley
Hucks
Metropolitan Life Insurance Company
Madison Avenue
N. Y
King Korn
Libby
Hoke
Mains