Market slides as Dow dips amid investor uncertainty
The noon Dow Jones average fell 5.03 to 821.12 as traders faced a broader market decline. NYSE issues outpaced advances by more than two to one amid flat confidence in economic conditions and the market’s direction. Major blocks moved include Amerada Hess and United Aircraft with sizable share losses.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
The
Price Commission
Amerada Hess
United Aircraft
A.P. Stock Averages Terms and Codes
A compact listing of stock average notation codes used in financial notices. Includes indicators for dividends stock splits ex dividend ex distribution warrants and related actions with cross references to years and settlement timing.
School Board Pays Printing Costs in Desegregation Ruling
Charlotte Mecklenburgh school board must pay 10600 to the U S Supreme Court for printing costs of the desegregation ruling. Board chairman William E Poe said the civil rights firm Julius L Chambers was ordered to pay 7127 as its share of the court record and supplemental printings.
Unions Split Over Pay Board Action Amid Wage Freeze
The 17 construction unions say they will follow convention decisions. AFL-CIO leaders Meany Abel l and Smith align with board strategy. UAW pressures hint they will oppose a full pay board pullout while seeking full wage boosts before the freeze.
MENTIONED IN THIS ARTICLE
Afl-Cio
Meany
I. W. Abell
United Steelworkers
Floyd Smith
International Association of Machinists
Frank E. Fitzsimmons
The
Teamsters
Leonard Woodcock
United
IRS oversees broad business restrictions with limited reporting
The advisory notes that many firms affecting seven percent of workers face new rules without advance approval for small businesses under 50 million dollars in sales or 1000 employees. Compliance will mirror the 90 day freeze via IRS spot checks and citizen complaints. The council estimates this group includes 10 million firms driving half of all sales and 10 million wage agreements covering 83 percent of workers.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Ford First Whitey Ford Sets World Series Win Record
Whitey Ford won 10 World Series games for the New York Yankees, the most by any pitcher, with eight losses across 22 Series appearances.
MENTIONED IN THIS ARTICLE
Whitey Ford
New York
Phillips-Foscue Reports 34.7 Percent Sales Gain
Phillips-Foscue Corp reports net sales for the 12 weeks ended Sept 25 of 1 818 493 up 34 7 percent from a year earlier. Unaudited first quarter net income is 56 557 or 12 cents per share vs 31 955 or 7 cents a year ago, a 77 percent rise. Management cites stronger sales and manufacturing gains with optimism for continued improvement from the High Point and Hickory furniture markets this fall.
MENTIONED IN THIS ARTICLE
ChiMil Spp
Weer McDond
Chipneyt
McGrwh
Chris Craft
Mead Corp
Va Chrysir
New York
Memorex Cp
Cities
Soc
Merck
MGM
ClevEllis
Microdot
Aerojet
Collins Rad
Va Arklgas
Wey MobilOil
Asamera Oil
CBS
Ye Mohas
Atlas Co Wti
Colu Gas
Monsant
Barnes Eng
CmbEn
Montdut
Motorola
Certron Cp
Connatg
Seer Cinerama
Cons Power
Va Nabisco
Air Lin
Dixilyn Corp
Cont Corp
Nat Indust
Felmont Oil
Ve Control
Nat Steel
Frontier Air
CPC Ind
Ve Ning MP
Va Crown Cork Wu
NL Ind
NoAmRk
Kaiser
Weeee NoStaPw
Kingsford
Nat Can
Lafay Radio
Ve Deere Co
del Mate
Nwst Air
Ling Tvgt
Delta Air
Norton
LoewsThe
DennyRst
NortSim
Marshal Ind
DetEdis
McCrory
Oecia Pet
Midh Sug
Dillon Co
OhioEdis
Ig KC Corp
Duke Pw
Owen Ili
Ormand Ind
Ozark Airline
duPont
Pacgel
Permanet
Dug Lt
Phoenix St
Dynam Amme PacPetr
Puritan Fsh
PacPwLl
Rth
We East Air Line
Pac T&t
NEW York (Ap
Kodakle
Resortsmnit
Banoon Y
Eaton
Northrop
VelScurry Rin
Yo Echlin Mf
VeiPark EP
Stihm Ins
Chg. Eg&g
Penn Cent
Eipasong
Penn Dix
Technicolor
EltaCp
Penney JC
Emer
PepsiCo
Viewlex Sv
Ie Admiral
Evans P
Pfizer
Vikon Incs
AetnaLfe
Ye Vln Corp
Fairch Cam
Phila el
Westttes Pt Ba Vie Bts Aircoine
Fair Ind
Phil Morr
Wilshire
Arizona
la Mia
Fansteel Inc Ave
Phill Pet
Yetes
Firestone
Allied Ch
Pullman
Va\Questor
Ralston
Ranco Inc
Evion
Asmeltr
GenMills
Reyn Ind
At&t Wt
Geneseo
joyDut
Ampex Corp
GaPacif
Yder Sy
Gerber
San Ancorp
Gettyo
Apaco Cp
Atlas Corp
el ScherPig
Avco Corp
A&p
SCM Corp
Scoa Ind
Babock W
Greyhound
Searigd
SearsRo
Gulf Oil
Shell Oil
Sherw Wm
Boeing Co
South Co
BoisCas
Soungas
Borden
Heublein
Honywi
Weta
St Brands
Bulova W
Kolisman
Sv S
Bunkr Ramo
SwiftCo
CastieCke
CaterTr
Tampa
Tektronix
Teledyne
T&t
Telex Cp
Tenneco
Cerro Cp
Um — CessnaAir
Itek Corp
We A
Texaco
Texetrn
Ches Ohio
Js—Jj
Tex G Sul
A Jewel Co
Texas
JohnMan
JohnJoh
Thiokol
JonLogn
JonLaug
Jostens
Va Joy Mfg
Timken
Todd Ship
Trans W Air 232
Transmra
Katy Ind
TRW Inc
Eens
KayserRo
Twent Cent
Kennecott
Kerr McG
UAL Inc
KimbCrk
UMC Ini
Knght
Koppers
Kraftco
UnOilCal
Kresgess
PacCp
Kroger
Uniroyal
Unit Air
LearSieg
Levitz Furn
Libbofd
Libbmcnl
US Steel
Loews Corp
Varian Assoc
LoneStarin
Lonesga
VendoCo
LukenSt
WachCp
LVO Corp
WarLam
Lykes Yngst
Macy
Magnvox
Westg el
Marath
Weyerhs
Marcer
Whirl Cp
Maraid
White Motor
Martinm
Whittaker
Maydstr
Williams Co
Maytag
WinnDx
Joolwth
Nive Zale Corp
Zenith
Associated Press
Phillips-Foscue Corp
High Point
Hickory
Store To Move S H Kress Store In Southgate Center
Store To Move The S H Kress Store in the Southgate Shopping Center in Thomasville will relocate to larger quarters in the same center next spring. Negotiations for the move are expected to be completed soon.
MENTIONED IN THIS ARTICLE
S. H. Kress
Southgate
Thomasville
Deferred Men May Drop Exemptions Under New Policy
Draft Director Curtis W. Tarr told boards to let men deferred from selective service drop deferments if they choose by December 31. Eligible men with numbers 126 or higher face brief draft risk and would move to a lower category on January 1 if not drafted. The policy targets those born in 1951 or earlier and applies to certain deferments including student, occupational, paternity, agriculture and hardship.
MENTIONED IN THIS ARTICLE
Washington
Curtis W. Tarr
Tarr
Lan. 1
Daniel J. Cronin
Mariner 9 to Relay Mars Dust Storm Photos
Mariner 9 beams first Martian photos from 535000 miles out as a massive dust storm darkens the southern hemisphere. The craft will broadcast 31 frames including six of Deimos with ongoing observations expected to reveal surface details despite weather.
MENTIONED IN THIS ARTICLE
Mariner
Mars
Pasadena
Calif.a
Mariner 9
Earth
Red Planet
California Institute of Technology
Deimos
Phobos
Brad Smith
New Mexico State University
Smith
JPL
Harris quits race after declaring bankruptcy and debt
Washington AP Sen. Fred R. Harris of Oklahoma withdraws from the Democratic presidential race after a costly six week campaign leaving him $40,000 in debt. He says he cannot fund a challenge and will not run for re election to the Senate while intending to influence national issues through writing and lecturing.
MENTIONED IN THIS ARTICLE
Washington
Fred R. Harris
Oklahoma
George McGovern
South Dakota
John V. Lindsay
New York
Edmund S. Muskie
Maine
Muskie
Billings
Mont
Fred
McGovern
Lindsay
Harris
America
Senate
Meeting Postponed Dims Hopes for Dollar Devaluation Settlement
Washington AP reports hopes to resolve the international monetary deadlock are fading as the Rome meeting for finance ministers of the Group of Ten is postponed. Treasury seeks early December rescheduling and signals progress is unlikely without dollar devaluation and broader reforms.
MENTIONED IN THIS ARTICLE
Washington
Rome
Treasury
John B. Connally
United States
U.S
Connally
New York Economic
Nixon
Also Mentioned on This Page
Stock Market Report
Carole Martin
A.P. Stock
NEW York Exchange
Dow-Jones
NEW York Stock Index
FORD
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
N.C
AP News
Ward-Griffith Company
National Advertising
Fred Harris
Northern Electric Co
Dreamland
Arvin
High Point Hardware CO
S. Main St
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