Stock market slips as profit taking hits Dow in midday trading
The noon Dow Jones Industrial Average fell 7.45 to 822.28 as profit taking dampened gains from a sharp rally. Declines led advances on the NYSE while investors awaited news from the Group of 10 meeting in Rome. Occidental Petroleum slid to 1% on the Big Board amid Libya asset seizure rumors denied by the company and the State Department.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Rome
Britain
U.S
Occidental Petroleum
Libya
State Department
Occidental
NASD Over-The-Counter Bid Quotes Inter-Dealer Prices
NASD over the counter quotations at about 11 a m show representative inter dealer prices. Markets fluctuate through the day and prices exclude retail markups markdowns and commissions.
Surgical hip joint procedure eyed by medical men
Surgeons including Eugene Ormandy and George Halas discuss a hip replacement method designed to relieve pain and restore motion for arthritis and dislocations. Dr Otto Aufrane notes American progress matching British results with about 95 percent relief and functional motion, using methacrylate cement to form a socket cup and ball-and-socket joint.
MENTIONED IN THIS ARTICLE
Eugene Ormandy
Philadelphia Symphony Orchestra
George Halas
Chicago Bears
Otto E. Aufrane
Massachusetts General Hospital
Turner
Auto makers win price hike approvals as profits cover costs
Ford gains commission approval for a 4.4 percent price rise after arguing productivity costs justify the increase. American Motors clears 2.5 percent and Chrysler 4.5 percent, with GM awaiting a 3 percent proposal. Pay Board chief applauds union locals for turning down raises, while the Civil Aeronautics Board allows airlines to seek fare increases again.
MENTIONED IN THIS ARTICLE
Ford
American Motors
Chrysler
General Motors
Slargest
George H. Boldt
Cincinnati Union
Boldt
Civil Aeronautics Board
New York Stock Index Report Amid Market Fluctuations
The New York stock index at noon showed mixed results across sectors with modest gains in utilities and transportation while technology slipped, and overall values hovered near the day’s closing levels. Industrial shares rose slightly with a 2 percent uptick noted in tech.
MENTIONED IN THIS ARTICLE
New York
Snenonge Windonts
Persedheree Mlenemane Industrial Ieee
Sheeed Unos
Ensaacis Adic Tech
Frazier Guilty In Double Homicide At Ohta Mansion
A Santa Cruz County jury convicts John Linley Frazier of first degree murder in the 1970 shooting deaths of eye surgeon Dr. Victor Ohta his wife Virginia their two sons and Ohtas secretary Dorothy Cadwallder. Jurors deliberated 21 hours over three days and must decide sanity and sentencing.
MENTIONED IN THIS ARTICLE
Redwood City
Calif
John Linley Frazier
Victor Ohta
Frazier
William Sitnek
Ohta
Virginia
Derrick
Taggart
Dorothy Cadwalla Ider
Santa Cruz
San Francisco
Peter Chang Jr
Taylor taps Warren to lead gubernatorial bid
Lt. Gov. Pat Taylor named former North Carolina State Sen. Lindsay Warren Jr. of Goldsboro as campaign manager. Warren, an attorney, chaired the state Courts Commission and the Warren Commission, praising Taylor and promising a campaign built on new programs and proposals.
MENTIONED IN THIS ARTICLE
Raleigh
Pat Taylor
Lindsay C. Warren Jr
Goldsboro
Taylor
Warren
State Senate
North Carolina Courts Commission
Warren Commission
North Carolina
Housing For Aged To Receive Grants
The $1 million HUD grant program aims to expand elderly housing with technical and information aid to non profit sponsors. Regulations for congregate housing and options for aging homeowners face rising taxes and potential moves to smaller units. The move aligns with broader calls for guaranteed minimum incomes for seniors, with lawmakers proposing a national floor and a median budget target for elderly couples.
MENTIONED IN THIS ARTICLE
Washington
George Romney
Housing and Urban Development
White House
Romney
HUD
Republican National Committee
Arthur S. Flemming
Nixon
Russell D. Long
Senate Finance Committee
Congress
Wilbur Cohen
Health, Education and Welfare
Winnie Ruth Judd To Gain Freedom Paroled After 1931 Dismemberment Case
Winnie Ruth Judd known as the Tiger Woman wins parole after decades in prison for the 1931 Los Angeles trunk murder case. The Arizona woman's death sentence was commuted to life and Gov Williams approved parole with charity profits pledge. She described past escapes and warned of political intrigue around memoir plans.
MENTIONED IN THIS ARTICLE
Florence, Ariz
Winnie Ruth Judd
State Board of Pardons and Paroles
Los Angeles
Arizona
Judd
Prion
San Francisco Bay Area
John Blemer
Blemer
Manson Receives Life Term For Murder
Los Angeles AP Charles Manson, linked to the Tate LaBianca murders, is sentenced to life imprisonment in the murders of a Hollywood stuntman and musician. He protests the ruling shouting prison chants and challenging jurors as the trial concludes.
MENTIONED IN THIS ARTICLE
Los Angeles
Charles Manson
Tate-La
Sharon Tate
Manson
Miss Tate
Lena la Bianca
Hollywood
Donald ‘‘Shorty” Shea
Gary Hinman
Also Mentioned on This Page
Stock Market Report
American Exchange
CBS
Colu Gas
CmbEn
MobilOil
Va New York
MorNor
Motorola
Va Aerojet
Nabisco
AO Indust
Conti Corp
Asamera Oil
Atlas
Natcashr
Barnes Eng
Certron Cp
CrowColl
Cinerama
Data Control
Inengel
Dixilyn Corp
Newmat
Ye Ning MP
Essex Chem
DaycoCo
NL Ind
Fed Resrees
Norfolk
Felmont Oil
Deere Co
Norris Ind
Frontier Air
Va Delta Air
Northrop
Husky Oil
Nwst Airl
Dillon Co
Norton
Instrum Sys
Iim Eve
NortSim
It! Corp
Jamesway
Disney
OccidPet
Jetronic Ind
OhioEdis
Kaiser
Comsat
Okla GE
A Kin Ark Corp
Kry Ve
DomeMns
Lafay Radio
DowChm
Olin Corp
Omarkin
Lee Ent
Dressind
Otis Elev
Lina Tvat
Duke Pw
Ms Loews the
duPont Sq
A Marshal Ind
Cai
Va Dua Lt
Owen Cng
McCrory
Dynam Am
van Owen II
Tilan Fleet
Pacge
Newldria Mn ci
East Air Lin
Echlin Mf
Pac T&t
OKC Corp
Eg&g
Pantms
E!pasong
Va PanAm AdAir
Sheen
Ozark
EltraCp
Panh EP
Emer el
Penn Cent
Phoenix St
Essexint
Penney JC
Va Fair Ind
Scurry Rain Statham Ins
Fansteel Inc
PepsiCo
Fedders
Pfizer
FedDeptStr
Phelps
Filtrot
Va Phial el
Telepromtr
Firestone
Vikoa Inc
VLN Corp
Wilshire
Food Fair
E Yates Ind
FreeoMin
Pwpikind
Associated Press
Divi- Exchange
GAC Cp
GAF Corp
Sko
Quyestor
Gannett
Ralston P
Ranco Inc
Raytheon
RCA
Reich
Divi- AetnaLfe
GenMet
Repub St
Pilus Air
Reynind
Gerber
ReynMet
Gettyo
Alleg Cp
Gillette
Rohr Ind
AllegLud Oy
Glen Alden
Va Roy Ccola
Global Marin
Allied Ch
Goodrich
Ryder Sy
AlliedStr
Goodyr
Alcoa
AMBAC
A&p
Va Stl Sa
Va Ing. R
AmHess
Gt West Finl
Sanders
Greyhound
CIA
SCM Corp
SCOA
Gulf Wn
Halliburt
Searsr
Am Motors
Harris Int
Shett Oil
Anatgas
Gen Tire Ib
Com- Asmeltv
SignalCo
AY T&t
Singer Co
AMF Inc
Hercule
Smith KF
AMP Inc
Heublein
Sony Co
Ancorp
StBrands
Atlas Corp
Kolisman
Atl Richtid
Idaho
StOilCal
Avco Corp
StOilind
Avnet
Beckman
Va SwiftCo
Iowa Reef
Lowapsv
Tektronix
Tampa
Boeing Co
Itek Corp
American Furn
BoisCas
BK Ve Teledyne
Borden
Jewel Co
Telex Co
Tenneco
Hard
Life of
Carolina
Rudd Co
KaisAlum
Thiokol
N.C
Burt Nor
Ruddick
Ruddick Common
Todd Ship
Cadence
Kennecott
Cal Finan
Um Transmra
Wellington Hall
LearSieg
Lve
Cerro Cp
Levitz Furn
Uniroyal
Cessna Air
Ibbmcnl
Unit Air
UnBrands
ChesChio
Littonind
ChiMil Spp
Lockheed Air
Enpneut
US Indust
Chris Craft
Loews Corp
Chrysir
LVO Corp
Upjohn
CocaCol
Vaiva
Lykes Yngst
Ve Varian Assoc
Colg Pal
As VendoCorp
Collins Rad
Macke Co
Macy RH
VaelPw
SeWachCp
WarLam
Marah
Marcor
MistnAir
Wn Bane
Martinm
Whittaker
A Willems Co
Ind. Rails
Merck
Woolwich
Xerox Cp
NEW York Exchange
A.P. Stock
Dow-Jones
Ion
Aositigner
NEW York Stock Index
John Frazier
Taps Warren
Housing For
Jack Williams
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
Vurney
Ward-Griffith Company
National Advertising Representatives
First Federal Savings and Loan
N. Main ST
Jamestown
E. Main ST
Greensboro
Merrill Lynch
Pierce
Fenner & Smithing
Wachovia
North Elm
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