Stock Market Dips From Early Lead In Mixed Trading
In New York, the Dow Jones average slipped 2.78 to 815.93 as trading remained slow. The day saw more declines than advances on the NYSE amid investor caution over Nixon phase two policies and recent losses. American Exchange and Big Board prices showed mixed to lower readings across several sectors.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Nixon
Associated Press
Ford
Bausch & Lamb
Natomas
Chesapeake & Ohio
International Telephone & Ares Vy
Gulf Oil
American Stock Exchange
Perini
Delta Corp. of America
TWA
Loew's Corp
Syntex
New York Stock Exchange Afternoon Prices Snapshot
Broad table of NYSE prices and changes across numerous companies with listings for Abbot Labs, Air Products, American Brands, Amoco, AMF, Anheuser Busch, AT&T, Boeing, Coca Cola, Exxon, General Electric, IBM, ITT, Johnson & Johnson, Merck, Procter & Gamble, Sears, Shell Oil, Texaco, Westinghouse and many others. Figures show last, high, low, and percent changes with notes on ex-dividend and rights where applicable.
MENTIONED IN THIS ARTICLE
MGM
Clark
Paki
Va Microdot
ClevEllll
Midsut
CocaCol
Joan
Minn
York
Colg Pal
CmbEn
Ao Indust
MorNor
Ye Motorola
Comsat
Mtstatt
Slatias Cp
Barnes Eng
Nabisco
Barnwel Ind
Cons Power
Nat Can
Natcashr
Nat Distil
VelContavin
Conti Corp
Dillard
Cooperin
Nat Steel
Dixilyn Corp
Cox
NewPow
Newberry
Felmont Oil
CrowseHind
Vel Frontier Air
CrowColt
Newmat
Norfolk
Husky Oil
Norris Ind
Dan Rievr
No Am Phil
Dart Ind
Vainoamrk
Instrum Sys
Northrop
Kim Ark Corp
del Mate
Nwst Airt
Kingsford
DeltaAir SO Bt
nwtBanc
Lafay Radio
Eee
Il Norton
Marshal Ind
Dillon Co
Valoccid Pet
Midh Sug
Disney
Okla GE
Milgo Elect
Elekta Ngs
Newldria Mn
Ye DomeMns
Yelotin Corp
NewPark Mn
Omarkin
Nor Cdn Oils
Dressind
Ya Opis Elev
Nuclear Am
Duke Pw
OKC Corp
duPont
Ormand
Veliwen Iil
lOzark Airline
Ye ‘Dyngm Am
Ve — P—Q
Permaner
Phoenix Stl Ee
Eaton
Wye Bs
PacPwl
Echlin Mt
Eg&g
Technicolor Now
Essexint
Benn Dix Alf
Telepromtr
Vel Denney JC
el UnBrands
Ye Evans P
Viewlex
PepsiCo
Vikoa Inc
Ebel Ca Fair Ind
Bla Pfizer
VLN Corp
Ye Fansteel_ Inc Bemensia Phelps D
Westates Pl
Ja Fedders
Apniia el
Vel Wilshire
Pye
Pet
Portner
Meres
Wouliman
Divi- Gac Cp
GAF Corp
Gam Sko
Ranco Imc
Gannett
Raytheon
Igen
Yeloca
GenElec
Reich
GenMet
GenubStl
Reyn Ind
Gen Tire
ReynMet
NEW York
New York Stock Exchange
Arizona
Gillatte
AliegPw
Allied
Heublein
AMF Inc
Ma Amp Inc
Ste —VelHoernWal
valGrt A&p
Gt West Fint
AmElPw
Ma—“ Motors
Anatgas
Ye/Halliburt
Asmelfr
Harris Int
At&t
Hobdyinn
Heck
Ancorp
Teinland Sti
Bebckw
Beckman
Beecher
Salim Tae
Bendix
BenetiCo
Éie
Ilowa Psv
Mt Benguet
Beth Sti
Va Tek” Corp
Jewel Co
Boeing Co
Golsees
Bunkr Ramo
BurtNor
Kennecen Ak
Kresness
Caro
Kroger
Learsieg
CartWal
Lenpcem
Castlecke
CaterTr
Cencoins
CessnaAir
Fe Swen
Ches Ohio
Loews Corp
ChiMil Spp
Lcukotsa
LVO Corp
Lykes Yngst
M—M — MackeCo
Macy RH
Magnavox
Marath
Marco
Mayostr
Maytag
McDond
Mead Corp
Imelv
Wal Memorex Cp
Merck
Treasury secretary cites freeze as strong. economy viewed as improving
Secretary Connally hailed the 90 day price freeze as a success and warned full certainty would require regimentation. He forecast inflation halving by late 1972 and a brighter year than 1971, while noting mixed data on industrial output and housing starts.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
John B. Connally
Economic Club of New York
Connally
Federal Reserve Board
Commerce Department
Nixon
Laura's Path Retroactive Pay Looks Dead Is Puzzling
Tropic al Storm Laura drifted in the Caribbean returning near the same spot two days later. The National Hurricane Center warned the storm may not strengthen in 24 hours as gale warnings were lifted in parts of Cuba. Laura dropped heavy rain on Isle of Pines and forced massive evacuations while Cuba reported no deaths.
MENTIONED IN THIS ARTICLE
Laura
Miami
Fla
Caribbean
Havana
National
Center
Cuba
Hurricane Center
Isle of Pines
Key West
Radio Havana
Pinar del Rio
Labor Leaders Weigh Staying On Pay Board
Labor leaders meet in Miami Beach to decide if the AFL-CIO should quit the federal Pay Board. Retroactive pay, blocked by the board, dominates agenda as Meany and the executive council prepare to guide delegates at the federation convention.
MENTIONED IN THIS ARTICLE
Miami Beach
Fila
Afl-Cio
Federal
Pay’ Board
Meany
Nixon
Dow Jones Averages and Bond Notes Round Up
The Dow Jones industrials edge lower with key indices showing a decline while bond markets indicate mixed moves. Trading activity highlights industrials around 615.93 with a 2.8 point drop and transportation at 96 with a slight decrease.
Social Security tax hikes eyed under new plan
The proposal aims to cap trust fund needs to about one year of payouts and raise the Social Security tax from 5.2 to 5.4 percent next year on a $10 200 maximum, reaching 7.4 percent by 1977 with employer matching. Officials say an accounting plan could keep the rate at 5.4 percent for decades.
MENTIONED IN THIS ARTICLE
Cmne
Escaped convict dies after Mooresville shootout
Johnny Danielies by 21 of Goldsboro identified the suspect as an oil convict. He died in a duel with Trooper David Blackwell after a chase from Burgaw area where the escaped prisoner wrecked his car. The trooper shot back fatally wounding the suspect after a exchange of gunfire.
MENTIONED IN THIS ARTICLE
Mooresville
N.C
Johnny Danielies
Goldsboro
Highway Patrol
Bivens
Burgaw
David Blackwell
Blackwell
Sam Yorty Enters Democratic Presidential Race
Los Angeles mayor Sam Yorty becomes the second declared Democratic candidate joining Senator George McGovern in 1972 primary plans He targets the New Hampshire primary and California's vote as campaign anchors while appealing to moderates and conservatives. Senator Henry M Jackson remarks on Yorty entry and confirms his own campaign stance.
MENTIONED IN THIS ARTICLE
Los Angeles
Sam Yorty
Nixon
George S. McGovern
South Dakota
Yorty
New Hampshire
California
Vietnam
Henry M. Jackson
Washington
Jackson
Alabama
George) Wallace
Washington, D.C
Henderson Testimony Scheduled in My Lai Court Martial
Col. Oran K. Henderson, last of the My Lai defendants, is expected to testify in his own behalf early next week as the defense case nears its close in a long court martial. The trial resumes after a recess with nine witnesses set to speak on Thursday about Henderson’s alleged attempt to cover up the civilian slayings.
MENTIONED IN THIS ARTICLE
FT. Meade, Md
Oran K. Henderson
My Lai
Henderson
Continuance Of Emergency Considered In Wilmington County
Meares Harris, chair of the New Hanover County Board, said a decision would be made today on extending the state of emergency that expires at 7 pm Wednesday. The action followed a racial disturbance at a school and arrests at a Rights of White People rally. The declarations bar public park meetings and carrying dangerous weapons in public.
MENTIONED IN THIS ARTICLE
Wilmington
N.C
Harris
Rights of White People Organization
Saturday Review Editor Norman Cousins Resigns Over Format Change
Norman Cousins resigns as editor of the Saturday Review after a dispute with new owners John Veronis and Nicholas Charney over plans to expand the weekly, convert supplements to a monthly, add a publishing branch and a club division. The 59 year old editor led the publication since 1940 and noted a philosophical professional disagreement.
MENTIONED IN THIS ARTICLE
NEW York
Norman Cousins
The
Saturday Review
Cousins
John Veronis
Nichlas Charney
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SCM Corp
Scoa Ind
Scott Pap
Snerv Wm
A Signal Co
SimegrCo
Smith KF
Sony Co
Se Scareg
Soucale
South Co
Soungas
Southn Pac
eSew Squared
Squibb
StBrands
Stolcal
StOilind
We Stohn
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la — Telex Co
Tenneco
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Texaco
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Timken
Todd Ship
TRW Inc
VAL Inc
Indust
UnivCptr
Upjohn
Whittaker
Williams Co
WinnDx
Woolwtch
Xerox
Zale Corp
Zenith
Prove Wort
Neil Gilbride
Labor
Nathaniel Goldfinger
Goldfinger
George Meany
117-Union Federation
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Bond AV Cangren Oye Pen Rau
U. Po iv
Dow-Jones
NEW York Stock Index
I.e Saad
High Point Enterprise, Inc
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Ward-Griffith Company
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Chicago