Market Declines as Investors Worry Over Nixon Phase 2
Stocks fell broadly on moderate trading as concerns over Nixon’s Phase 2 policies and international monetary tensions increased. The Dow dropped 5.41 to 809.94 at noon with declines led by industrials, rail, and utilities, while the Associated Press 60-stock average slipped 1.8 to 296.8 amid mixed sector results.
MENTIONED IN THIS ARTICLE
New York
Nixon
New York Stock Exchange
U.S
Labor Department
One Mortgage Investment Company
Associated Press
A.P. Stock Averages Reported For Friday Noon
A terse clipping notes bond averages and stock levels with figures like 1.1 and 51.1, dated Friday noon. The fragment references The Press and includes stray abbreviations and city names, but provides limited readable data on market movements.
MENTIONED IN THIS ARTICLE
Fon. L
Inflation shows small rise in October amid price shifts
The Bureau of Labor Statistics tallied a seasonally adjusted price increase of one tenth of a percent in October, the smallest since April 1967. Food fell two tenths, housing rose three tenths, and transportation up seven tenths. new car prices climbed 3.7 percent due to fewer model year discounts. The BLS noted possible legal concerns but had no method to verify compliance. Higher clothing and car prices largely drove the overall uptick.
MENTIONED IN THIS ARTICLE
Tober
Bureau of Labor Statistics
BLS
Law Is Topic Of Mitchell In Charlotte
Atty. Gen. John N. Mitchell warned in Charlotte that permissive law enforcement trends risk chaos. He blamed revolutionaries, court rulings favoring defendants, and legal loopholes for rising crime and urged prison reform as a national priority.
MENTIONED IN THIS ARTICLE
Mitchell
Charlotte
Canada
United States
America
Nixon
San Quentin
Attica
Justice Department
New York Stock Index Brief at Noon
At noon the New York Stock Exchange index showed a small dip with the New York market barely lower as trading continued. Specific figures include Ms Nabel BA 2h and a 4.71 point fall, down 0.10.
MENTIONED IN THIS ARTICLE
New York
A Stock Exchange P
Nabel BA
McGovern Considers North Carolina Primary Decision
McGovern said he will stay in the Senate if he loses the presidential bid and has not decided about entering North Carolina’s May primary. He criticized busing as an artificial, ineffective tool for desegregation while urging the nation to confront integration. Senator Muskie, an unannounced candidate, spoke in Charlotte, North Carolina.
MENTIONED IN THIS ARTICLE
Senate
North Carolina
McGovern
Edmund S. Muskie
Maine
Charlotte
Muskie Campaign In North Carolina Picks Cochairs
Senator Ed Muskie and Senator George McGovern campaigned in North Carolina with cochairmen named by Charlotte banker C C Hope. Muskie pledged troop withdrawal from Vietnam and criticized the Nixon economy. The pair faced limits on campaign fundraising due to a Washington amendment affecting the 1972 fund.
MENTIONED IN THIS ARTICLE
Vietnam
Sen
George McGovern
South Dakota
North Carolina
Greenville
Muskie
McGovern
Washington
Peddiers
Students Protest Okinawa Return Terms in Tokyo Riots
In Tokyo radicals clashed with police over the Okinawa return terms. Molotovs and pipes attacked stations and shops as riot police protected government sites including the Imperial Palace and U S Embassy. About 44 unions joined a brief strike amid ongoing demonstrations and arrests.
MENTIONED IN THIS ARTICLE
Tokyo
Okinawa
Japan
Imperial Palace
U.S
Shibuya
Two Are Dead From Violence
Two neighbors found shot in a roadside ditch near Morganton Burke County. Lester H. Karmon 22 and Roger Walton Cook 23 died after brain surgery for Cook. A murder warrant was sworn for Allen Vance 25 of Newland area.
MENTIONED IN THIS ARTICLE
Vance
Newland
Brittain
Wise
Lake James
Morganton
John C. Reese
Harmon
Broughton Hospital
Cook
N.C. 181
Burke
Avery Counties
Burke County
Nixon Urges Work Ethic and Phase 2 Economic Plan
Nixon urged renewed American pride in work and argued for dialogue with foreign opponents over war. He touted Phase 2 of his anti inflation program, cited a low cost of living report, and praised unity with labor leaders while noting AFL-CIO tensions.
MENTIONED IN THIS ARTICLE
Nixon
America
Washington
Union Federation
Afl-Cio
George Meany
Fund to finance presidential campaigns faces GOP opposition
Democrats say a tax return designated fund could provide 6.3 million to a third party nominee, easing fundraising burdens as Republicans denounce it as a slush fund and raid on the Treasury. Nixon allies prefer private financing to preserve 40 to 50 million dollars.
MENTIONED IN THIS ARTICLE
Scott
Treasury
Nixon
Industry Shutdown Canceled in Birmingham Pollution Crisis
A federal judge, Sam Pointer Jr., canceled the order that shut down 23 Birmingham area industries during a three day air pollution emergency. The motion by U S attorney Bill Mallard said the emergency had passed due to improving conditions. The industries seek damages against the government and more pleadings were requested as proceedings continue.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
U.S. District Court
Sam Pointer Jr
U.S. Attorney’s Office
Bill Mallard
Mallard
Pointer
GOP Opens Convention At Charlotte
The North Carolina GOP opened its State convention in Charlotte with committee meetings reports and a teen Republican reception for officeholders. Atty. Gen. John Mitchell will speak at tonight’s banquet and at a luncheon honoring law enforcement officers. A new state chairman will be elected Saturday to replace Jim Holfhouser. Candidates include William T. Graham Frank A. Rouse and Ted Dent.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina
GOP
John Mitchell
Winston-Salem
Frank A. Rouse
Kinston
Ted Dent
Spruce Pine
Sacred role of the sheep in ancient Hebrew life
The sheep receives the most attention in the Bible, playing a key part in religious, civil and domestic life of the ancient Hebrews. The animal figures prominently across sacred rites daily life and trade in ancient Israel.
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