Stock market rises on selective buying amid modest gains
A quiet session saw the Dow Jones 60-stock average up 0.8 to 309.3 as advances outpaced declines about 2 to 1. Notable gains included Xerox up 1 1 8 points, Polaroid 1 4, IBM 1 to 301, Memorex 1 4 to 24, with mixed results across electronics, airlines, and steels.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Glamours
Xerox
Polaroid
IBM
Control Data
Memorex
Associated’ Press
Mely Sho
Cerro Cp
Memorex Cp
CessnaAir
Merck
New York
Ches Ohio
MGM
Microdot
Et ChiMil
Crris
Mohas
AO Indust
CitiesSoc
Monsant
Arklgas
Clark
ClevEllis
Montdut
Asamera Oil
Mont Pw
Atlas Cp
Cocacol
MorNor
Barnes Eng NW
Motorola
Barnwes
Colonnist
MtFuel S
BrascanLt Ib
Colu Gas
Mtstatt
Buttes Gs Oil
CmbEn
CampbChib
Nabisco
Cinerama
Atre
Dillard
Dixilyn Corp
Air Lin
Nat Indust
Essex Chem
Conti Corp
Nat Steel
Fed Resrees
Nat Tea
Frontier Air
Natomas
Gen Plywood
Cooperin
Gt Basin Pet
Corgiw
Newmat
Husky Oil
Ning MP
Hydrometi
NL Ind
Norfolk
Norris Ind
Eee
Instrum Sys
CrowColl
No Am Phil
ITI Corp Crown Cork
NoAmRk
Jetronic Ind
Ve CrowZell
Nongas
Jupiter Cp
NoStaPw
Kaiser In
Northr
Kin Ark Corp
Nwst Airl
Kingsford
Dan River
NwtBanc
Lafay Radio
Va Dart Ind
Norton
Ling Tvot
NortSim
McCrory
Me Deere Co
OhiaEdis
Midw Fin
Va Delta Air
Okla GE
Milgo Elect
Denny Ast
Be — Okia Ngs
Newldria Ma
DetEdis
Ye Olin Corp
NewParkin Va
Omarkin
Nor Cdn Oils
Disney
Nuclear Am
OKC Corp
Ve Or Pepper
Nee Owen Cng
Ormand Ind
DomeMns
Ya Owen Ili
Ozark
Va — PQ
Permaner
Dressind
Pacgel
Va Phoenix St
Duke Pw
e + Pac Ltg
Puritan Fash
duPont
T&t
Ve Syntex
Eaton
Ve Penn Cent
A Echlin Mf
Va Pennix
Eg&g
Penney JC
Eipasong
PaPwlt
PennzUn
Viewlex
Essexint
PepsiCo
Vikoa Inca
Ethy! Cp
Pfizer
VLN Corp
Evans P
Phelps
Westates Pt
Phila Et
Wilshire
Phil Morr
Yates Ind
Fair Ind
Phill Pet
Yonk Ra
Pitney B
Zim Hom
Aalated
Firestone
Questor
R—R — Ralstonp
Ve Gac Cp
Eeres Ranco Inc
GAF Corp
Raytheon
Gannett
RCA
Gen Dynam
Reading Co
GenElec
Rdig Bate
NEW York (Ap
GenFood
Reich Ch
GenMills
RepubStl
Teee GenTire
ACF
Genesco
Rohr Cp
GaPacif
Royccola
RoyDut
Admiral
Gettyo
Gillette
Ryder
Global Marine
Streem
Arizona la
Goodrich
StRegis P
Alcan
Seer Goodyr
Sanders Asso Py
Alleg Cp
AllegPw
ScherPig
Allied Ch
Gt West
Fin
M“Lscm Corp
We Allied Str
Ve OA Ind
AllisCh
Gen Giant
Scott Pap
Greyhound
Sears
SearsRo
Shell Oil
Brads
Gulf Wn
Sherw
GlfWnind
Alsignal Co
Halliburt
SingerCo
Smith
Harris
Hecla M
Sony
al South Co
At&t
Honywil
Ibb
AMF Inc
St Brands
AMP Inc
Ampex Corp
Idaho
Swift Co
Avco Corp
Tampa el
Tektronix Sa Ia
Teledyne
Corp
Tenneco
Beckman
el Beecher
Texaco
Bell
Jewel Co
johnMan
Bendix
JohnJor
Joni
Jon Lang
Thiokol
Ve Boeing Co
BolsCas
KarsAlum
Mir
Borden
Todd Ship
Budd Co Bucy Er
TRW Inc
Kimode
Ye Bunki Ramo
Kraftco
Ve Ual Inc Burlind
BuriNor
UMC Ind
Kroger
Cadence Ind LearSieg
Unoilcal
Cai Finani
Lehpcem
UN Pac Cp
LehVal Ind
Uniroyal
Levitz Furn
CastieCke
US Indust
Littonind
Lockheed Air
m+ US Smelt
Cenco Ins
Loews Corp
US Steel
LoneStarin
Bnli Univ Oil
Lonesga
Upjohn
LukenSt
Ve Varian Assoc
LVO Corp
VendoCo
Lykes Yngst
Ove Ve VaEiPw
Macke Co
WachCo
Macy RH
Va WarLam
Magnvox
WstnAir
Marath
Wn Banc
Marcor Od
Wa WnUnion
Westg Ei
Martinm
We Weyerhs
Ind. Ralts Util
Maydstr
Maytag
White Motor
McDond
Whittaker
McGrwh
Williams Co
Mead Corp
Zenith
Associated Press
A.P. Stock Averages Notes on Dividends and Footnotes
Unofficial stock averages note that dividend rates shown are annual disbursements based on latest declarations. Footnotes explain symbols for extra dividends, stock dividends, dividends in arrears, new issues, ex rights, and related conditions including bankruptcies and foreign tax considerations.
Powell Senate hearing outlines Warren era concerns and civil rights stance
The hearing covers committee liberal doubts about Justice Powell with Sen Hart pressing whether he would vote against nominees due to Warren court rulings. Powell defends selective Warren era decisions, supports civil rights gains, and opposes indiscriminate wiretapping while backing court-ordered taps against organized crime. He cites equality, aid for the poor, and peaceful dissent as core values.
MENTIONED IN THIS ARTICLE
Red Inquist
Philip A. Hart
D-Mich
Hart
Earl Warren
Powell
Nixon
Warren ‘Court
Warren Court
American Bar Association
Rehnquist
Wayne Pennington Named in International Who's Who
Wayne Pennington of Wayne Pennington & Associates is listed in the fourth edition of International Who's Who in Public Relations. The North Carolina native, a 1946 Duke graduate, began in newspapers, then foreign correspondence, later PR leadership roles in New York, and now resides in Winston-Salem with his wife Ala Hurst Cole and two daughters.
MENTIONED IN THIS ARTICLE
Wayne Pennington
Wayne Pennington & Associates, Inc
North Carolina
Duke University
Pennington
Florida
New York
Ala Hurst Cole
Jacksonville
Wilmington
N. C
Winston-Salem
London Bank Seeks European Branch London
London Bank North Carolina National Bank applies for Federal Reserve approval to open a full service branch in London making it the first European branch of a North Carolina bank. The move aims to expand its international presence.
MENTIONED IN THIS ARTICLE
North Carolina National Bank
London
North Carolina
Federal Reserve Board
Jefferson-Pilot to Acquire Clearwater Sun and Beaumont Newspapers
Jefferson-Pilot Corp. of Greensboro announces the acquisition of Clearwater Sun Inc the owner of a Clearwater Florida evening and Sunday newspaper for an undisclosed price in a deal with Walls Investment Co owner B Carriage Walls of Montgomery Alabama. The two firms previously acquired Beaumont Newspapers Inc in December of last year.
MENTIONED IN THIS ARTICLE
Jefferson - Pilot Corp
Greensboro
Clearwater Sun, Inc
Clearwater
Fla
B. Carriage Walls
Walls Investment Co
Montgomery
Ala
Jefferson - Pilot and
Walls
Beaumont
Texas
Wage Guidelines Allow Above Standard Raises If Fair
The board maintains a 5.5 percent standard but allows above standard increases to correct inequities and catch up with living costs. It could approve retroactive raises in limited cases, while unsettled questions remain on fringe benefits and certain contract terms.
MENTIONED IN THIS ARTICLE
Boldt
House and Senate Debate Over Foreign Aid Measures
The House votes on a brief foreign aid resolution likely to fail in the Senate which debates a sharply reduced aid bill. The administration seeks a continuing resolution after November 15 while Senate GOP leaders push amendments toward higher funding. Proposals include a $2.8 billion annual aid level and separate economic, humanitarian, and military aid bills totaling about $2.3 billion.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Congress
State Department
Hugh Scott
White House
Scott
Pentagon
Sen
J.W. Fulbright
D-Ark
Foreign Relations Committee
Appropriations Committee
Fulbright
Mansfield
Spring Lake appoints Black police chief
Spring Lake aldermen named Billy H Manning 49 as police chief. A retired Army sergeant, he had served as acting chief for a month and is the force's only Black member. He replaces James Farrington who resigned. Manning served 24 years in the Army before joining Spring Lake near Fort Bragg in Cumberland County.
MENTIONED IN THIS ARTICLE
Spring Lake
N.C
Billy H. Manning
Manning
James Farrington
Ft. Bragg
Cumberland County
Milk Law Test Seen in North Carolina Courts
Raleigh attorney for the North Carolina Milk Commission says the 1971 law will be tested in court soon. He notes a key provision bans stores from using milk as a loss leader and outlines changed commission membership and powers including investigation of milk firms and price setting at producer, wholesale, or retail levels.
MENTIONED IN THIS ARTICLE
Raleigh
N.C
North Carolina Milk Commission
General Assembly
W. C. Harris
Reorganized Commission
F. Rockwell Poisson
Charlotte
B. Cameron Langston
Grifton
Langston
Harris
Commission
Mild antibusing resolution moves at Southern Governors Conference
Alabama Governor George Wallace steers a mild antibusing resolution through the Southern Governors Conference committee. The measure urges the Senate to block federal funds for busing and would prohibit nonfederal money use for busing even when court-ordered. Wallace expects a full conference vote before adjournment, though unlikely today.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
Southern Governors Conference
Alabama
George Wallace
U.S. Senate
House
Wallace
Senate
Winfield Dunn
Tennessee
David Hall
Oklahoma
John West
South Carolina
Louis Ferre
Puerto Rico
Jerris Leonard
Law Enforcement Assistance Administration
William Westmoreland
Work moves on cofferdam at Niagara Falls
A cofferdam to dry a small part of American Falls is set for completion today. The Niagara Frontier State Park Commission said it will shut off Bridal Veil Falls to allow consultants to plan strengthening Luna Island and Cave of the Winds, which is then closed to visitors.
MENTIONED IN THIS ARTICLE
Niagara Falls
N.Y
Niagara Frontier State Park Commission
Bridal Veil Falls
Luna Island
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