Market Report Shows Dow Dip Amid Economic Slowdown Hints
The daily market briefing notes a Dow Jones 30 industrials decline of about 6.47 points as economist Milton Friedman signals a moderate slowdown and possible severe recession. The Associated Press 60-stock average slides 2.3 to 3.3 percent at noon with industrials, rails, and utilities lower. Declines outweigh advances on the New York Stock Exchange, led by SAME Corp and CNA Financial. International Nickel edges up 2.5 percent to 42 cents a pound amid nickel price gains, while Wolverine-Du Pont drag the averages on delayed opening.
MENTIONED IN THIS ARTICLE
Milton Friedman
Associated Press
New York Stock Exchange
Same. Corp
CNA Financial
New York
ColsGas
America
Stoc
Vanaar
Vietnam
Motorola
Agi
Bagaimors
Asamers
Nataletin
AtlasCorp
Distil NatCash
CoxBdeas
Secretary of the Treasury
David
M. Kennedy
Dixilyn, Corp. Nelectra Dd
Frontier
Flywod
Goldfield
Norfolk
Wst
TNS
Norrisind
Ste. Husay
NorAmehit
Tylit Corp. Si
GVM M DetEdi F
NoStaPw
Kaiser
Northrop
McCrary
DiaSham
Nivat Alb
DillonCo
MidweInt
Disney
Neisner
We NewPark
Newldrio
Dressind
OnivEdis
Aformand
Indata Age Ae DukePw
Okla GE
Nth
Ind
duPont
Sakon
Indust
Olin Corp
Scurry
Rain
Omark
Statham
Techalea Dog
Easkodak
EatonYa
Owensillah
P— Press
ElPasa NG
Gites Co
Walpacky
Emer-Flec
Ethyl
PanAsut
Evans
Inc
Penney JC
Fedders Ag
FedpeptStraa
Bae Ene PenntUn
Filtra
PepsiCo
Pfizer
Philip
Phil Pet
GAR Corp
R- Baing
BAY Bay Oe
Ralstonp
Gee Mills
Cbs
Ranco
Iyerest
Suni
Vork (Ap
Newark
Benmiol
el PS
Genesee
Gan
Gerbelden
Vaz Am
Royola Ale
Global
Marin
Goodrich
Royal Dutch
A. Safeway
Altea
A&p
Stroskol
UNC
Alsgen
NorRy
Ava
demestLsan
SiRegis
Sinaunit
Va ‘Sanders
Allis
Chapel. Hill (Ap
Sehienley
Schering’ Baal
University
Ietin
Stott
North Carolina
Abe 1658
Workers Food Service
Am . Gan
Maliiburt
Aim Amcyan
Sears R. Sears Ge
Paul Guthrie
Shell
Sherweweri
Ammfdy
EWR
Wea
Signalco
HoernWal
SingerCo
Electra
Union
Management Amd Ne
E South Co
Honeywi
Hausen
Saga ‘Bates
Sava
Ives Inc
Harmour
Howmet
Spartan
Sery
Armstck
Sperryr
Meri Federation of State
Badt
Kollsman
Afl-Cio
Tascorp
Irac Am
Stohlind
ingerRand & A
Stoiuins
Adele A
StanstiGh
Babek Interlkest
Az Guthrie
StudeWorth
Beckman
Beecher
Swift
Iowa
Bendix
Benetf
BVA Sph
Bengvel
Ek Corp Tamhebel
Textron
Jewel Co
Collec Aera
BlicyEr Bronsche
Etas Kayser
Kenncatt
TRW
Koppers
Krattee
Kresge SS
CarrierCp
Kroger
UMC
Gare
Veitecke
Lehr
UROF
Univo
Ipa
Clarke
LVO Corp
Um Be
Aia
Lyk Yng
Mharatha
Martingy
Associated Press Mead Cor
Va Whittaker
Xerox
Zale Corp
Dow-Jones
Thy
Will
Stock Exchange
Industria
yeEp Law
Prat Rails
Industriain
Finance
Eid Chet
Nixon Popularity High in Gallup Poll Reflected Across States
AP report summarizes a Gallup poll showing 68 percent approval of Nixon's overall job performance, with 13 percent not expressing an opinion. It notes cooler turning weather in North Carolina Virginia and mentions a ferry outage between Emerald Isle and Morehead City due to a damaged landing ramp.
MENTIONED IN THIS ARTICLE
North ‘Carolina
Princeton
Nixon
Virginia
Norte
Carolina
Morehead City
N. C
Emerald Isle
Bogue Sound
Yuesday
Dixie Sizes and Chemical forms Paper Chemicals Division
Cason Callaway, president of Dixie Sizes and Chemical Company of Columbus, Ga., announces a new Paper Chemicals Division. Larry Strange, former Southern regional sales manager for NOPCO Chemical Division, joins as vice president of the new unit. Strange, a High Point College chemistry graduate, has a long sales background with NOPCO and Diamond Shamrock, and is married to Jo Ellen Lutz with two daughters. The Strange family will reside in Columbus, Ga.
MENTIONED IN THIS ARTICLE
Cason Callaway
Dixie Sizes and Chemical Company
Columbus
I. cLarry Strange
Southern
Nopco Chemical Division
Diamond Shamrock Corp
Cedartown
Dixie ‘Size and Chemical Company
Strange
High Point College
Big Yacht Shipment Marks Hatteras Breakthrough Sale
Hansen Sales in Sarasota and SW Florida will receive the largest Hatteras shipment in company history valued over 1 million dollars. The consignment includes ten luxury fiberglass yachts en route from the Hatteras plant at New Bern by water and road. W. J. Atkinson, president of Harison, presented David R. Parker Jr., president of Hatteras, with a over 1 million dollar payment as the first five boats departed.
MENTIONED IN THIS ARTICLE
Hatteras
New Bern
Savings Bond Sales Pass North Carolina Quota
U S Savings Bond and freedom share sales in North Carolina for January to October show a total of 952,502 44 dollars and a monthly October figure of 5 388 427 dollars. Guilford County reported 499 080 dollars in October. Year to date sales total 4 806 53 dollars, about 1 7 percent of the county and state quotas for 1969.
MENTIONED IN THIS ARTICLE
U. S
North Carolina
Guilford County
Hendee Named Director of Packaging Services at Patterson Co
John R. Hendee has been named director of packaging services at Cellu-Pros Co of Patterson. He previously served in packaging roles for era Furniture Manufacturers’ Assn in High Point and acted as station’s packaging consultant.
MENTIONED IN THIS ARTICLE
John.r.hendee
Cellu-Procters Co
Patterson
Hendee
Era Furniture
Agsn
Calley Faces Premeditated Murder Charges Over My Lai Killings
The Pentagon spokesperson said Calley faces specifications accusing him of murder by shooting four Vietnamese villagers at My Lai in Quang Ngai Province on or about March 16. Experts note possible premeditated murder charges based on orders alleged to have led to the killings.
MENTIONED IN THIS ARTICLE
Calley
Pentagon
Richard ‘Capen
My. Lai
I Quangngal
Republic of South Vietnam
My Lair
Vietnam Draws Troops To 484 400 In Saigon Report
SAIGON AP The US Command said American troop strength in Vietnam fell to 484 400, the lowest in two years, as the second withdrawal round neared Nixon’s Dec 15 ceiling of 484 000. The figure marked a 4 800 weekly decline, with officials hopeful to reach 480 000 by year end. Lt Gen Julian J Ewell noted no current surge in infiltration, while allies report North Vietnamese material movement along the Ho Chi Minh Trail.
MENTIONED IN THIS ARTICLE
Saigon
Vietnam
Nixon
U.S
Washington
Ho Chi Minh Trail
Julian J. Ewell
Ewell
Garner Man Is To Head Group
RALEIGH AP Nathan H. Yelton of Garner is named chairman of the North Carolina constitutional Coordinating Council. Gov Bob Scott announced the appointment on Saturday. W Murray Whitaker of Morganton was named to the council and Dr Ewald W Busse of Durham was reappointed.
MENTIONED IN THIS ARTICLE
Garner Man
Raleigh
Nathan H. Yelton
Garner
North Carolina
Const. Coordinating Counseil
Bob Scott
Yelton
W. Murray Whitaker
Morganton
Ewald, W. Busse
Durham
Ex GI says village ordered wiped out Song My attack
Tulsa AP reports ex GI Charles Gruver recounts 1968 Song My massacre, saying U S troops were ordered to wipe out the village as an enemy stronghold. He recalls men women and children killed leaving only chickens alive. Gruver, a private first class in Company 20th Infantry, carried an M79 but did not fire. The assault began around dawn and lasted until noon.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
U.S
Song My
Charles Gruver
Swere
Gruver
Pinkville
Violence group calls for billions to curb urban crime
The commission on violence released a report warning that U S cities are becoming divided into armed camps of haves and have-nots and that the United States is the most violent developed country. Reversing crime growth would cost billions over years with overhaul of the justice system, more foot patrols, better police community relations, and free drugs for addicts to reduce theft. Only progress toward urban reconstruction can reverse the trend.
MENTIONED IN THIS ARTICLE
Washington
America
Commission On Violence
United States
Miltém Hisenhower
The.commission
Bilety Wi
Tropical Storm Martha Nears Panama Coast
Miami dispatch reports Tropical Storm Martha weakening as it drifts toward Panama's coast about 75 miles west southwest of Colon. Officials warn of heavy rain and gusty winds from Almirante to the Canal Zone with tides rising a few feet. the main danger is potential flash flooding along rivers and streams.
MENTIONED IN THIS ARTICLE
Miami
Martha
Panama
Colon
Almirante
Canal Zone
Spade Cooley Dies During Performance
Don Spade Cooley, CFL life-sentenced bandleader, died at Oakland Auditorium during a deputy sheriffs benefit show after collapsing mid performance. He was 59 and had been on a three day prison pass. Doctors at Highland Hospital said a heart attack caused his death.
MENTIONED IN THIS ARTICLE
Oakland
Don “Spade
Cooley
Oakland Auditorium
Highland Hospital
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NEW York Exchange
Big Yacht Sale
Coastal Ferry
Spade Cooley
A.M
F.M
Nash Jewelry CO
Guilford Technical Institute
GTI
Call
Dial