Market drifts lower amid weak buying interest and rate cut disappointment
New York stocks eased in quiet trading as the Dow fell 8.37 to 650.03. Traders cited a troubled economic outlook and muted response to a rate cut. IBM and Xerox traded mixed after a licensing probe and hiring delays. Singer climbed on a dividend cut. NYSE composite slipped to 38.27 while Imperial Oil led Amex activity at 25.50.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
First National City Bank
International Telephone &+ Telegraph
American Stock Exchange
Xerox
Federal Trade Commission
Singer
NYSE
Imperial
Oil A
Amex
Unofficial American Sales Figures and Dividend Notes
The piece lists that American sales figures are unofficial and explains dividend rates as annual disbursements based on the last quarterly or semiannual declaration. It includes footnotes a through w defining various dividend and stock actions and clarifies publication details for The High Point Enterprise, including pricing and mailing terms.
Nixon Tapes Ownership Dispute Before Court
Washington AP Nixon lawyers urge that the former president be allowed possession of White House tapes and documents arguing precedent from Washington to present. Judge Charles R. Richey weighs whether outgoing chiefs retain ownership and how the 1996 agreements affect criminal investigations and access.
MENTIONED IN THIS ARTICLE
Ford Administration
Special
White House
Nixon
Richey
Judge fines nude dancer in Miss Nude SA contest
In Pretoria South Africa judge H Wyed Bredenkamp ruled Bernita van Heerden 21 publicly indecent for dancing naked at the Miss Nude South Africa competition. He fined her 283 dollars and imposed a 120 day suspended jail term describing her act as revolting and shocking.
MENTIONED IN THIS ARTICLE
Pretoria
South Africa
Bernita van Heerden
H. Wyed. Bredenkamp
Miss van Heerden
Prosecution Cuts Watergate Case Short in Trial
Prosecutor James F Neal said he will rest his Watergate cover-up case by next Wednesday or Thursday by trimming witnesses, possibly hastening Nixon testimony questions. Judge Sirica ordered Nixon medical review and replay of the June 23 White House tape, with Haldeman involved in CIA FBI contact notes. Helms and Walters face cross examination as defense seeks to limit FBI scope.
MENTIONED IN THIS ARTICLE
Washington
James F. Neal
Neal
Richard M. Nixon
U.S
John J. Sirica
Nixon
Sirica
White House
Central Intelligence Agency
FBI
Haldeman
CIA
Mexico
Democratic National Committee
Vernon Walters
Richard M. Helms
Iran
Helms
Walters
CLA
Black Man Appointed Police Chief in Southport
George R. McCracken, 33, sworn in as Southport police chief becoming the first black chief in a predominantly white North Carolina town. He had served four years on the force and two as assistant chief, appointed by a unanimous city council vote after Herman Strong left to campaign for sheriff. Strong expected little trouble over race, saying most whites support McCracken.
MENTIONED IN THIS ARTICLE
Southport
N.C
George R. McCracken
North Carolina
McCracken
Herman Strong
Brunswick County
Strong
Southport Force
Radical Weatherman Jane Alpert Surrenders to Authorities
New York AP Jane L Alpert a former Weatherman member who fled in 1970 after pleading guilty to a bombing conspiracy says she surrendered voluntarily to avoid lifelong fugitive status. She pleaded guilty to bail jumping in court and faces up to five years on each count. Her lover Samuel Melville was killed in the 1971 Attica revolt.
MENTIONED IN THIS ARTICLE
NEW York
Jane L. Alpert
Weatherman
U.S. District Court
Milton Pollack
Miss Alpert
Samuel Melville
Melville
Attica
Michael Armstrong
Pollack
John Alpert
FBI
Susan Edith Saxe
Katherine Ann Power
Tom Coll
Israel Speech At UN Blocked In Palestine Debate
At the United Nations the General Assembly limited each country to one major speech during the Palestine debate by a 75 to 23 vote with 18 abstentions. The move, supported by African Asian and Communist blocs, followed Arab leadership under Abdelaziz Bouteflika. Yasir Arafat pressed for a Palestinian state while Israeli Ambassador Yosef Tekoah vowed Israel would not tolerate PLO authority in any part of Palestine.
MENTIONED IN THIS ARTICLE
United Nations
N.Y
General Assembly
Palestine Liberation Organization
Assembly
Palestine
Arafat
Israel
Yosef Tekoah
PLO
Nixon Refuses Court Ordered Exam Steps For Nixon
Nixon seeks contact with his lawyers to arrange the ex amination as Sirica's Wednesday order directs doctors to report to the Washington Court if Nixon refuses. His physician Dr. Lungren warns court-ordered tests could raise blood pressure and trigger bleeding. Nixon left the hospital in a gown after a 23 day stay, shaking hands with staff and leaving with his wife Pat for a 50 mile drive home.
MENTIONED IN THIS ARTICLE
Nixon
Long Beach
Sirica
Washington D. C
John C. Lungren
Lumgren
Pat
Rockefeller Nomination Sparks Democratic Debate in Senate
Democratic leaders clash with critics over Nelson Rockefeller's suitability as vice president pick. Senator Byrd, a long-time interrogator, says ethics and legality concerns about biography financing and gifts to officials merit thorough airing. Byrd plans to vote to report the nomination but remains unsure about backing on the Senate floor.
MENTIONED IN THIS ARTICLE
Rockefeller
Griffin
Democratic Committee
Howard W. Cannon
D-Nev
Senate
Democratic
Robert C. Byrd
West Virginia
Byrd
Goldberg
Edmisten Tax Case Moves Toward Prosecution Decision
Edmisten faced back taxes and paid what officials said he owed. He filed forms for the entire period he served in Washington though only two years were due. Governor Holshouser ordered J Howard Coble to hand the case file to Wake County Dist Atty Bailey Mitchell for a decision on possible prosecution. Mitchell, a Democrat and Edmisten supporter, asked for a special prosecutor. The tax issues dominated campaign discussions.
MENTIONED IN THIS ARTICLE
Edmisten
Washington
Holshouser
J. Howard Coble
Wake County
Dist. Atty
Bailey Mitchell
Mitchell
Bailey
Ford Official To Give Anticriminal Pot Stance
A White House official Dr. Robert L. DuPont will announce opposition to treating pot smokers as criminals in a speech to NORMAL. He will stress medical evidence of risks while arguing small possession should not lead to jail. Oregon’s civil fines for under an ounce are cited as a model.
MENTIONED IN THIS ARTICLE
Ford
Washington
White House
Robert L. DuPont
National Organization For Reform of Marijuana Laws
Normal
DuPont
National Institute On Drug Abuse
Special Action Office For
Drug Abuse Prevention
Oregon
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High Point 4 Enterprise
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Eine mi Net
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United States
Bouteflika
Yasir Arafat
U.N
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