Blue chip stocks hold fractional gains in slow New York trading
The noon Dow rose 0.44 to 810.97 as cautious traders awaited Phase 2 Nixon policies and signs of an upswing. Chesapeake and Ohio paused after omitting its quarterly dividend due to the soft coal strike, while the AP 60-stock average dipped 0.1 to 299.7 with mixed results across sectors.
MENTIONED IN THIS ARTICLE
New York
Chesapeak & Ohio
CmbEn
MGM
Microdot
iComsat
MobilOil
Va Monsant
Montaw
MorNor
Corp
Motorola
Cooperin
Va Nabisco
Aerojet
Ye Corgiv
NatAirin
Cowles
Nat Can
AO Indust
Cox Best
Ark Best
CPC
Arklgas
Alamera Oil
CrowColl
Atlas Co
Crown Cork
Barnes Eng
CrwnZell
Nat Indust
Barnwel Ind
Nat Steel
Buttes Gs
Natomas
Dan River
Va Newberry
Cinerama Ae
Dillon Co
Noamrk
Disney
Ve Felmont Oil
Eens Diversind
NoStaPw
Va Frontier Air
Northrop
Nwst Airl
Giant
DomeMns
Eoeey
OhioEdis
Baskodak la
Omarkin
Kin Ark Corp
Eaton 1
Otis Elev
Kingsford
Echlin Mf
Mar
Lafay Radio
Va Eg&g
Owen Cng
Lee Ent
Ve Eipasong
Owen Ii
Ling Tvgt
P—Q — oewsThe
Marshal Ind
PacPetri
Milgo Elect
Pacpwl
Newldria Mn
Pac T&t
NewPark Mn
Penn Cent
Ormand Inc
Va FedDeptStr
Penn Dix
Ozark Airline
Penney JC
Permanet
Va Firestone
PaPwLt
PennzUn
PepsiCo
Pfizer
Phelps D
FMC Cp
Phil Morr
Syntex
New York Stock
Va Viewlex
GAC Cp
GOF Corp
Pubscol
Vikoa Inc
L&st Chg
Gam Sko
VLN Corp
Ve Gannett
Westates Pt
Vn Pueblo
Wilshire
Yates Ind
ACF Ind
Va GenElec
Pullman
Ve GenFodo
Questir
Stnce Zim Hom
Address
GenMills
Associated Press
Admiral
GenMot
Ralston P
AetnaLfe
Arizona
Genesco
Gettyo
AllegPn
Gillette
Reyn
Allied Ch
Glen Alden
ReynMet
Divi- Allied
Global Marin Vv
Allis Ch
Goodrich
Rohr Ind
Piad Alcoa
Alri
A&p
Ryder
AmBadest
Greyound
Streem
Cyan
Ward - We
Ameipw
Stregisp
Gulf Oil
Ing. R
SanFeinz
Am Motors
Gulf Wn
ScherPig
SCM Corp
Scoa Ind
Va Scott Pap
Harris
At&t
Heclam
T&t
SearsRo
AMF Inc
Val Hercule
Heublein
AMP Inc
Ampex Corp
Hew Pack
Signal Co
Hoernwal Hoff Electra
SingerCo
Smith KF
Com- Ancorp
Sony Cp
Apeco Cp
HollySug
Scar
Arch Dan
Soucale
Honywil
South Co
Atl Richfid
Atlas Corp
Idaho
Kollsman
SiMe
Esees Stoilnj
Beckman
Stauf
Beecher
Bell How
Stevensj
Bendix
A&t
Va Swift Co
Boeing Co
V4itek Corp
Tampa
Telex Co
Wavq
JonnMan
Brunswk
TexPLd 50g 15% 15% 15% — “a BuriNor 1.50 5 47\a 47\a 47a KaisAlum
Textron
Ve TimesMir
Cadence Ind
Katy Ind
Timken
Cal Finan
KayserRo
Lawv
Todd Ship
Camprlk
Kennecott
Kerrmcg
Transmra
CarrierCo
TRW Inc
Cerro Cp
Moiical
CessnaAir
LehVal Ind
UN PacCp
Ches Ohio
Lehmn
Uniroyal
ChiMil Spp
Levitz Furn
Unit Alr
Chipneut
Chris Craft
UnitCp
Chrysir
Liggt
LoneStarin
US Steel
Lonesga
Univ Oil
Collins Rad Colg Pal
LukenStr
CBS
VO Corp
Varian Assoc
Va Colu Gas
Lykes Yngst
VendeCo
Mmm
VaelPw
Macke Co
Macy RH
Xerox Cp
The
Inter-dealer Over-The-Counter Bid-Ask Quotations
NASD representative quotes as of 11 a m show bid and ask prices for multiple securities. Prices exclude retail markup and commissions. Listed items include Amer Furniture Caribbean Life of Carolina Pub. Serv. of N C and others with varying bid and ask percentages.
MENTIONED IN THIS ARTICLE
ASK
AMIC
Amer
Caro
Caribbean
Hardee’s
Integon
Life
Carolina
N.C.N.B. Corp
N.C. Nat. Gas
Pub. Ser
N.C
Ruddick
Ruddick Com
Sou. Film
Wellington Hall
Coal Strike Holdouts Prolong Appalchian Tensions
Miners begin returning to soft coal shafts nationwide but Appalachia shows substantial holdouts. Few in West Virginia and Western Pennsylvania have accepted the three year pact signed in New York. Union says 30 percent wage boost. industry cites 39 percent and a 1.2 billion cost. Pay Board guidelines set Phase 2 increases at 5.5 percent annually.
MENTIONED IN THIS ARTICLE
Associated Press
Appalachia
West Virginia
Pennsylvania
New York
Federal Pay Board
United Mine Workers
Nixon
New York Stock Index Update
Noon trading in New York shows mixed movement across major indexes with utilities and industrials among notable movers. brief fluctuations reflect broad market uncertainty as investors monitor financial sector signals.
War funds cut proposal unlikely in House vote
An attempt to halt Indochina war operations by cutting funds faces near-certain defeat in a House vote. Rep. Boland seeks to stop combat and military support spending as part of a $71 billion defense bill, while POW MIAs urge action. President Nixon's troop withdrawal plan dampens opposition.
MENTIONED IN THIS ARTICLE
Washington
U.S
Indochina
House
Edward P. Boland
D-Mass
Senate
Mike Mansfield
Congress
Howard W. Robison
R-N.y
National Organization
Boland
Donald M. Fraser
D-Minn
Nixon
Fraser
Henderson Says Medina Responsible For Coverup
Col. Oran K. Henderson says he would not be on trial now if former Capt. Ernest L. Medina had not lied to him about the My Lai massacre. Medina testified that he informed Henderson of suspicions and denied indiscriminate shooting, while Henderson maintained his men did not warrant a full investigation.
MENTIONED IN THIS ARTICLE
FT. Meade, Md
Oran K. Henderson
My ‘Lai
Ernest L. Medina
Medina
Henderson
11Th Brigade
Charlie Company
My Lai
F. Lee Bailey
Ernie
Congress Split On Cancer Bills
Washington AP The House approves a 1.6 billion dollar three year cancer campaign with a three member monitoring panel while the Senate supports an independent conquest of cancer agency within NIH with no budget ceiling. Both plans receive presidential backing as Congress seeks a Christmas compromise.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Paul G. Rogers
Dfla
House Public Health Subcommittee
Congressional
Nixon
American Cancer Society
Conquest of Cancer Agency
National Institutes of Health
National Cancer Institute
NIH
NCI
Cancer Institute
White House
Forum Draws Few Attendees in Wake of School Meeting Plan
In Winston-Salem the Save Our Schools forum opened with about 75 participants. The nine day series aims to generate recommendations on desegregation and school problems, funded by a HEW grant and sponsored by the North Carolina School Assistance Project. The opening speakers included C P Ellis of Durham and Brooks Hays. Ellis urged that the community address the Klansman issue and noted progress in Durham.
MENTIONED IN THIS ARTICLE
Winston-Salem
Save Our Schools
Fred Jones
North Carolina School Assistance Project
Afl-Cio
U.S. Department of Health, Education and Welfare
C. P. Ellis
Durham
Brooks Hays
Arkansas
North Carolina
Good Neighbor Council
Ellis
Anne
Foreign aid funding extended amid House Senate talks
Senate and House leaders reached a plan to renew foreign aid spending authority until December 1 while they work out long term legislation. The move comes as agencies face a midnight cutoff and a potential conference vote to send aid bills to a formal committee for negotiation. President Nixon urged quick action as Congress adjourns for a 10 day recess.
MENTIONED IN THIS ARTICLE
Washington
Sen- House
Congress
House
Senate
Agency For International Development
John A. Hannah
House-Senate
Gerald R. Ford
Hannah
Nixon
White House
Allen J. Ellender
D-La
Stanley Furniture workers strike in Virginia over union dues
In Stanley, Virginia, about 80 percent of 1,100 workers at Stanley Furniture Co. walked out as the United Papermakers and Paperworkers union strikes over contract negotiations. The company says most workers remain at work and production continues while the union accuses the firm of bad faith bargaining over a union dues checkoff.
MENTIONED IN THIS ARTICLE
Stanleytown
Stanley Furniture Co
United Papermakers and Paperworkers of America
Thomas B. Stanley Jr
Stanley
Thomas Linn
Seale backs politics over confrontation in Winston-Salem
Bobby Seale national chairman of the Black Panthers argues police oppression cannot be ended by open confrontation and backs political action as the path to black solutions. He noted Panthers use arms only for self defense and deny endorsing a shoot and kill policy.
MENTIONED IN THIS ARTICLE
Winston-Salem
Bobby Seale
Black Panthers
Seale
Winston-Salem State University
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High Point Enterprise, Inc
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High Point
Okly
Ward-Griffith Company
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