Market gains ride on GM UAW talks and economic optimism
The New York stock market advanced at noon as General Motors and the United Auto Workers engaged in nonstop negotiations. The Dow Jones industrial average rose 4.45 to 776.42 amid broad advances and optimism over easing Fed policy and a favorable economic survey. Amex listings showed mixed moves in Potter Instruments, Tesoro Petroleum, Pier 1 Imports, Yates Industries, Savin, and Deltona.
MENTIONED IN THIS ARTICLE
New York
General Motors
United Auto Workers Union
New York Stock Exchange
Nixon
Federal Reserve
Potter Instruments
Tesoro Petroleum
Pier 1
Yates Industries
Savin Business Machines
Deltona
Xerox Co. Traded On New York Exchange Here
The New York Exchange listed Xerox Co with activity centered in New York trading floors. Market observers noted steady interest from investors seeking stock in the Xerox firm during the session.
Stock Exchange Noon Prices Wrap of Various Issues
American Stock Exchange noon prices show mixed moves across aerospace, oil, chemicals, and utilities with several stocks posting fractional gains and losses. Notable entries include ArkBest, United/Asamera Oil, and Dynatectin, while several issues list ex-dividend or stock-adjusted figures per AP data.
MENTIONED IN THIS ARTICLE
New York
American Stock Exchange
Aerojet
AO Indust
M&m M
Ark Best
Arkl
Cinerama
Data Cent 1
Asamera
AtlasCorp
Brascan Ltd
Campbi
Nonstop UAW Talks Launched in GM Strike
DETROIT AP Negotiators in the eight week old United Auto Workers strike returned to the bargaining table for nonstop talks aimed at reaching an agreement by Tuesday night on GM. A ratification vote by GM workers would follow if the 350 member GM UAW Council approves. The union plans a long day night session as the International Executive Board meets in Detroit.
MENTIONED IN THIS ARTICLE
Detroit
United Auto Workers
General Motors
Gm-Uaw
Medical licensing and HMO concerns fuel reforms
A study by Dr. Paul A Lembcke finds a third of hysterectomies in an unnamed hospital may be unnecessary. A National Commission on Health Manpower reports only 40 percent of foreign medical graduates pass exams. Kansas surveys show 48 percent of doctors did not use post licensing courses. The AMA calls for cautious reform and relicensing tests.
MENTIONED IN THIS ARTICLE
Paul A. Lembcke
National Commission On Health Manpower
U.S
United States
Kansas
American Medical Association
Sanford named director of engineering at Hatteras Yacht Division
William M. Sanford appointed director of engineering for the Hatteras Yacht Division of North American Rockwell. He will be headquartered in High Point with over twenty years in the marine industry. A Minneapolis native and 1948 University of Minnesota engineer, he has led firms from Martin Outboard to Chris Craft Edenton plant and serves in civic roles in Michigan.
MENTIONED IN THIS ARTICLE
William M. Sanford
Hatteras
North American Rockwell
High Point
Sanford
Minneapolis
Speaker William P. Matthews to address employment group
Dr. William P. Matthews professor of psychology at High Point College will speak at the Thursday noon meeting of the High Point Private Employment Assn at the Sheraton Hotel. He will discuss the use of psychology tests by employment counselors.
MENTIONED IN THIS ARTICLE
William P. Matthews
High Point College
High Point Private Employment Assn
Matthews
Sheraton Hotel
Sales Profits Up at Cochrane Furniture Co
Cochrane Furniture Co reports first quarter sales of 1 584 160 ending Aug 31 up from 1 362 844 last year. After tax income for the period rose to 82 386 from 79 524. President T E Cochrane cites stronger demand and improved margins.
MENTIONED IN THIS ARTICLE
Cochrane Furniture Co
T. E. Cochrane
Presidnt
Lindsay Won’t Seek Presidential Nomination in 1972
Mayor John V. Lindsay of New York said in a BBC interview there is not a chance he will seek the Democratic presidential nomination in 1972. He said he has no plans beyond finishing his term as mayor in December 1973 and noted he is enrolled as a Republican.
MENTIONED IN THIS ARTICLE
London
John V. Lindsay
New York
Lindsay
British Broadcasting Corp
U.S
Robin Day
Cambodian Vietnamese Combined Force Pushes Toward Base
Cambodian and South Vietnamese troops press three operations near Phnom Penh. A 7,800 man force advances on a Communist base camp 20 miles south of the city. another task force travels 40 miles up a highway toward Phnom Penh. government troops recapture Preah Tameak on the Mekong east bank with unclear resistance.
MENTIONED IN THIS ARTICLE
Phnom Penh
Takoe
Mekong River
Preah Tameak
Henderson Schools Reopen Amid Bomb Threats and Unrest
Henderson and Vance County schools resumed today after a weekend of racial unrest and bomb threats at Henderson High and Vance County High. About 5,000 students returned as guards and police maintained calm.
MENTIONED IN THIS ARTICLE
Henderson
N.C
Vance County
Barrie Davis
National Guard
Woodrow
Henderson High School
Franklinton
Vance County High School
Linwood B. Falkner
W. P. Keeton
Keeton
FBI probes claim of shot during Nixon San Jose rally
A San Jose grand jury considers a major probe into violence at a October 29 Nixon campaign speech after reports that the FBI is checking an unverified claim that a shot was fired. Jury foreman Ernest Renzel says reports are unclear about the incident and severity.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Nixon
FBI
Ernest Renzel
Washington
Key Biscayne
Fla
White House
Renzel
Grand
Muskie weighs 1972 run as Democratic cue from leaders
Senator Ed muskie of Maine says he has begun probing Democratic leaders about a possible 1972 presidential bid. He describes contacts as tentative and limited and would not reveal names. He says a final decision depends on whether he is the right candidate and notes Nixon could be defeated. He spoke on Meet the Press.
MENTIONED IN THIS ARTICLE
Washington
Edmud S. Muskie
Maine
Muskie
Senate
Nixon
NBC
North Carolina Baptists Gather for Greensboro Convention
About 2,500 delegates assemble in Greensboro for the 140th annual North Carolina State Baptist Convention. A record budget of 7.35 million dollars tops the agenda, with loans totaling 12.4 million sought by Baptist Hospital Bowman Gray Medical Center in Winston-Salem and Campbell College at Buies Creek for construction and capital needs.
MENTIONED IN THIS ARTICLE
Greensboro
North Carolina State Baptist Convention
John E. Lawrence
Raleigh
Baptist Hospital
Bowman Gray School of Medicine
Winston-Salem
Campbell Colege
Buie’s Creek
Privacy in the voting booth leads to awkward moment
A Winston Salem voter faced an embarrassing scene when her underwear slid down during ballot casting. A bystander noticed but kept quiet as she kicked the garment away and left the polling place. The Board of Elections said the underwear remains unclaimed.
MENTIONED IN THIS ARTICLE
Winston-Salem
C. AP
Board of Elections
New Congress Red Ink Sets Budget Fight For Nixon
The deficit could reach 15 to 16 billion dollars, forcing hard choices on spending cuts or tax increases. With Democratic control in Congress and rising unemployment, Nixon faces pressure to boost the economy while avoiding inflation as he plans policy on the draft welfare reform student aid antipoverty health insurance and other programs.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
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Eee Alleg Cp
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Weeee Yan
Ametrix
Am Ltd
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Am T&t
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AMP Inc
Ampex Corp
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Ancorp
Atlas Corp
Gcene Aveo Cp
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Va Babek W
Ve Bait GE
Fois
Beckman
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Bell How
Ya Bendix
Va BenefiCp
Beth Sti
Boeing Co
BoisCas
Borden
Va Brunswk
Bulova W
Bank Ramo
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CastieCk
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Certteed
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Gt A&p
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We Howmet
idahoPw
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IBM
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iMacke Co
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Mad Fd
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Telex Corp
Timken
Transmra
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Twen Cent
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Vendo Co
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Kangaronee Press
Ind. Rails Ufil
Ind. Util. Fon. L
Util
NEW York (Ap
New York Week
Publi Utilities
Dow-Jones
NEW York Stock Index
UAW
Holland, Michigan
Viets
Yvonne Baskin
Associated Press
Alvin Gupton
Carolina Power and Light Co
National
Bob Scott
Scott
Buck
O. H. Freeman
Bobbitt
Red Ink
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