Market Slump Deepens As Dow Dips At Noon
The stock market extended losses for a third day as trading slowed. The Dow Jones industrial average stood at 807.68, down 7.23, with breadth favoring decliners and brokers citing uncertainty over Phase 2 of the president's economic program. IBM, Polaroid and Xerox traded lower while Control Data rose slightly. The AP 60-stock average moved to 300.3, led by broad declines across sectors.
MENTIONED IN THIS ARTICLE
New York
Associated Press
MGM
MobilOil
Monsant
Montdut
Montiw
Conti Corp
MorNor
Motorola
Mtstatt
Nabisco
Cooperin
NatAirin
Cowles Com
Nat Can
Cox
Nat Cashr
CPC Intl
Nat Distil
Crouse Hind
Nat Fuel
CrowColl
Nat Geni
Nat Industry
Newmat
YalNing MP
Teeee Deere Co
Va NL Ind
Norfolk W
Delta Air
Norris Ind
Va Disney
Northrop
Nwst Airl
NwtBanc
Norton
NortSim
Duke Pw
duPont
OklaEdis
Dug Lt
Okla GE
Dynam Am
Okla Ngs
Olin Corp
East Air Lin
BasKodakia
Otis Elev
Eipasong
P Q — EltraCp
Penn Cent
Fansteel Inc
Penn Dix
Penney JC
PennzUn
Firestone
PepsiCo
Pfizer
Flintkote
Phelps D
Phila el
PhilMorr
Y ‘Phill Pet
Pitneyb
Ford M
Polaroid
ForMeKs
Portgel
Publicind
GenElec
GenMet
Banco Inc
Va Air Prodit
Raytheon
Arizona
Gen Tire Ib
Geneseo
Rdig Bate
Allég Co
GaPacif
Gillette
Allied Str
Glen Alden
A AllisCh
Ve Global Marin
Alcoa
YelGoodrich
Va Rohr Cp
AMBAC
A&p
Gt West Finn
Streem
Safewan
Stregisp
SaFeind
SenFeint
Mia
Gulf
Miscm Corp
ScrerPig
elGifwnind
Scoa Ind
Anatgas
Scott Pap
Halliburt
Seeee Harris
T&t
SearsRo
Shell Oil
Inc
Hercule
AM Inc
Heublein
Shell Tr
Ampex
HoernWal
Signal Co
SingerCo
Scar EG
Va Arch Dan
Va Homestice
Honywil
Soucale
Armst Ck
South Co
Atlas Corp
Avco Corp
Squibb
Avnet
Avon Pd
mpriCp Am
Inland Sti
Inger Rand
Stdhcal
StOilind
Balt GE
IBM
Beckman
SterDrug
Stevens J
Swift Co
Boeing Co
O Tek Corp
Tampa el
Jewel Co 1
Tektronix
Tenneco
Brunswk
JonLaug
Texaco
Bulovaw
Bunki Ramo
Texas Inst
Buri Ind
Thiokol
KayserRo
TimesMir
Cadence
Kennecott
Timken
Kerr
Todd Ship
Trans W Air
Knght N
Transmra
Koppers
TriCent
CartWal Wa
Kraftco
TRW Inc
CastieCke
Kresgess
Kroger
Ek Ual Inc
Cenco
UMC Ind
LearSieg
Cerro Cp
UnOilCal
CessnaAir
Lehman
UN Pac Cp
Bevitz Furn
Uniroyal
Air
ChiMil
Tigat
Chris Craft
Lockheed Air Loews Corp
boneStaryn
ClevElill
US Steel
Coca
Va Coloinist
LVO Corp
Upjohn
VeeBs
Lykes Yngst
Varian Assoc Colu Gas
VendoCo
MackeCo
Macy
VeniPw
Magnvox
WachCo
WarLam
Marath
Wn Banc
WnaUnion
White Motor
Mead Corp Wa
Whittaker
Williams Co
Merck
Ion
Woolwtch
Xerox Cp
Zale Corp
Zenith R
American Stock Exchange
Aerojet
AO Indust
Ve Ark Lgas
Va Alamera Oil
Atlas Co
Barnes Eng
Barnwes Ind
Buttes Gs Oil
Cinerama
Husky
Instrum Sys
It! Corp
Jamesway
Jetronic Ind
Jupiter Cp
Permaner
Phoenix Sd
Puritan Fash
Statham Ins
Technicolor Telepromtr
Ve UnBrands
Ve Yates Ind
Yonk Ra
Zim Hom
New York Stock Exchange Index at Noon
AP reports midday values on the New York Stock Exchange with market sectors showing declines and slight gains. Prices listed include the industrial, utility, and financial groups, reflecting overall market movement at noon.
MENTIONED IN THIS ARTICLE
NEW York Stock Index
New York
Cepe Pertanien Ahabas
Utility
Pinance
Nnney
R.S. Dickson, Powell, Kistler & Crawford
New York Stock Exchange
Inc
American Stock Exchange
Price controls face rough edges says Wall Street leaders
White House economist Herbert Stein warned the Phase 2 program has rough edges yet allows operation and profit. Grayson urged voluntary cooperation by businessmen to keep price controls from collapsing into inflation. The commission rejected mandatory cost disclosure but urged voluntary reporting and posted price ceilings by Jan 1. Rent rules delay thawing. possible relief for hardship cases while no post Saturday controls on rents for commercial or farm property or new housing.
MENTIONED IN THIS ARTICLE
Wall Street
New York
White House
Herbert Stein
National Association of Manufacturers
Grayson
Price Commission
Internal Revenue Service
Rent Board
Cost of Living Council
Nixon names Earl Butz to lead U S agriculture
President Nixon nominates former Eisenhower official Earl L. Butz to replace Clifford Hardin as Secretary of Agriculture. Hardin resigns to become vice chairman of Ralston Purina in St Louis. White House says changes are not tied to farm price issues amid Farm Belt concerns.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Clifford M. Hardin
Asst. Agriculture
Earl L. Butz
White House
Ronald L. Ziegler
Hardin
GOP
Agriculture Department
Department
Department of Economic Development
Departments of Labor, Transportation and Commerce
Ralston Purina Co
St. Louis
Talk Show Advice Aids Cleveland Delivery
Mrs. Frank Martin delivered her first baby after watching a television talk show for guidance. She recalled tips from Dick Cavett about not slapping a newborn and instead turning the baby on its side to help. Her husband George, and a neighbor notified a doctor and ambulance as Linda assisted the delivery. The incident underscores TV advice shaping real life actions.
MENTIONED IN THIS ARTICLE
Cleveland, Ohio
Frank Martin
Walsh
Linda Martin
Daughter
Mrs. Martin
Red Skelton Files For A Divorce
Comedian Red Skelton filed for divorce in Indio California from Georgia Maureen Davis, ending a 26 year marriage. They separated August 4 and under California law she has 30 days to contest the dissolution.
MENTIONED IN THIS ARTICLE
Indio
Calif
Red Skelton
Skelton
Superior Court
Georgia Maureen Davis
California
LSD tragedy linked to teen’s decline and religious turn
The father recounts his son Larry’s descent after LSD use starting on his 18th birthday. He describes incredible hallucinations and a me ntal decline, noting failed medical attempts and a shift to Bible fervor. He laments insufficient social concern for drug harm.
MENTIONED IN THIS ARTICLE
Douglas
Harmon
Larry
Hell
Indochina Aid Policy Split Delays Foreign Help Bill
Senate and House leaders clash over Indochina withdrawal and aid restrictions as Congress moves to replace a rejected $2.9 billion package with two smaller bills. Mansfield and Morgan warn final action hinges on policy language and a six month withdrawal plan.
MENTIONED IN THIS ARTICLE
Washington
U.S
Indochina
Senate
Mike Mansfield
Thomas E. Morgan
House Foreign Affairs Committee
House
Morgan
Pentagon
Nixon
Pennsylvania
Mansfield
Cambodia
Latin America
Africa
Pakistan
State Department
U.S. Information Agency
United Nations
Armed Services Committee
Mariner 9 set for 15 minute Mars orbit burn
A week-old storm on Mars, deemed the severest in 70 years, prompts Mariner 9 to fire its engine for a 15 minute burn at 7 17 p m EST Saturday from 3100 miles above the surface to brake its 11000 mile per hour plunge and enter an egg shaped orbit. The twice daily orbit will swing to 725 miles and enable cameras to capture surface details never seen before while other instruments measure radiation and study the atmosphere.
MENTIONED IN THIS ARTICLE
Mariner 9
Mars
Mariner
Julie Nixon Eisenhower to Spend Thanksgiving in Phoenixville
Julie Nixon Eisenhower says she and her husband David plan to spend Thanksgiving with David’s parents in Phoenixville Pennsylvania rather than with her parents, President and Mrs Nixon.
MENTIONED IN THIS ARTICLE
Washington
Julie Nixon
Eisenhower
David
Phoenixville
Nixon
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