Market Dip as Industrials Lead Down in Slow Trading
Weakness in steels motors electronics and metals pushed the market lower at noon with the Dow down 5.62 to 890.04 as volume lagged. The AP 60 stock average fell .4 to 325.7 while utilities rose and rails edged up.
MENTIONED IN THIS ARTICLE
New York
Associated Press
ClevElinl
MGM
CocaCol
Exchange
Colomnist
Cbs
Ve MobilOil
Colu Gas
Monsant
Comwe
Aerojet
Asemera Oil Bernes Eng
Air Lin
uUa
Es Gs Oil
Conti Corp
ConJavin
Contrel
Certron Cp
Control
Cinerama
Cox
Nat Steel
Dixilyn Corp
CPC Ind
Newmat
Frontier Air Sve
Nieg MP
Norfolk
Basin Pet
Norris Ind
Husky Oil
Normrk
del Mate
Nongas
Instrum Sys
Delta Air
NoStaPw
It! Corp 2S
North
Wwe
Jameswa
Jetronic
Latay Radio
duPont
Omarkin
Tae
Otis Elev
Mi Elect
Dynam Am J — Owen Cng
We Newldria Mn
East Air Lin 2A
Ye Owen Ill
EasKodak
PQ — Nuclear Amms
Eaton
Pacgel
OKC Corp
Ormand
Eawe
PacPetri de
Ozark Airline
Eipasong
Pacpwl
Phoenix St! Permanency
Eltraco
Pac T&t
Puritan Fash
Panamss
M\Penn Cent
FF Penn Dix
Scurry Rain
Fairch Camnae
Penney JC
Stathamins
Papwit
Syntex Cavan
Fansteel Inc
PennzUn
Technicolor
Pepsico
Telepromier Ma
Wa' Oo & Tesoro Pet
Filtrot
Firestone Wi
Vikoa Inc
Phill Pet
VLN Corp
Flintkote
Yipineys
Westates
Aja
R Ruent
Pueblo
GAC Co
Pullman
Selec Gaf Corp
Questor ” VW
Ie Last Che. Gannett
Gam Sko
R—R
Teh Lew
Ralston P
Gen Dynam
Ranco Inc
GenBloc
GenFood
Raytheon
GenMills
RCA
Ad Millis
GenMet
Cory
RepubSt
Gerber
RoyDut
AlliedStre
Ryder Sy
Suh AllisCh
Goodyr
Grace
Safeway
Stroem
AmHews
Gulf
SearsRo
Halliburt
At&t
Hercules
T&t
Heublein
AMP Inc
Dhe Ho
Nickel
Bell How
Wiswitt Co
Bendix
Tampa el
Beth Sdl
Tek Corp
Tektronix Mae — Vo Bloc HR
A Teledyne
Boeing Co
E Jewel Co
Telex Co Ri
BoisCas
JohnMan
Tenneco
Borden
Jonnson
Texaco
Jar
JonLegn
JonLang
Jostens
Texas
Brunswk
el Thrift
TimesMir
Katy
Timken
Kennecott
Todd Srip
I Burrghs
Kerr
Cadence
TriCent
Koppers
TRW Inc
Kroger
UAL Inc
Cenco Ins
Cerro Cp
Ches Onlo
Littonind
US Gypsm
Chimit Spp A
Lockheed Air
US Indust
Chipneyt
E Loews Corp
Chris Craft
LoneStarin
Chrysir
Lonesga
LongisLt
Univ Ol
UnivCptr
We Clark
LVO Corp
Upohn
Lykes Yngsta Bia Yel Varian Assoca
VendoCorp
Marcor
Eee Martin
WnaUnion
Westg el
Maytag
Weyerhs
McDond
Whirl Cp
White Motor
Mead Corp
Whittaker
Mely Sro
U Williams Co
Memorex Cp
WinnDx
Merck
Woolwtc
Inter-dealer OTC bid-ask quotations at 11 a.m.
NASD derived bid and ask quotes for inter-dealer prices as of about 11 am show varied percentages for Amer Furniture Caro Caribbean Hardee s Integon Life of Caro NCB Corp NCN Nat Gas Pub Ser of NC Ruddick Pref and Com. Soc Film Ext Wix Wellington Hall with listed bid and ask ranges. Prices exclude retail markups and commissions and markets fluctuate through the day.
MENTIONED IN THIS ARTICLE
AMIC
Amer
Caro
A.P. Stock and Bond Averages Reported
The Associated Press market summary shows noon figures for stock and bond averages, including daily net changes and weekly and yearly benchmarks. Utilities and rails lead gains while several issues show mixed movement across sectors.
MENTIONED IN THIS ARTICLE
Associated Press
Inc. Rails Util
Ralls
Util
Badied
Power struggle in China as cultural purge shifts
The piece recalls Mao Zedong’s clampdown early in the purge against Liu Shao-chi’s faction that had control of media. Chen Po-ta and party leftists rose as a center of a new storm amid dissent over rapprochement with the United States. The army then asserted influence, shaping the soft policy and guiding Chou En-lai, while Chen’s resistance implied a clash with the military.
MENTIONED IN THIS ARTICLE
Mao
Liu Shao-chi
Chen Po-ta
China
United States
J Lin
Piao Fm Bei
Chen
Chou En-lai
Market Averages Show Mixed Close Across Sectors
Dow Jones average figures for industrials and transports fluctuated with small losses and gains. Utilities edged up slightly while bonds and rail listings reveal varied performance across sectors.
New York Stock Exchange Index Update
AP reports noon stock index figures from the New York Stock Exchange covering the Industrial and Transportation sectors and the broad market.
MENTIONED IN THIS ARTICLE
NEW York Exchange
NEW York Stock Index
New York
Die Casting Institute names Lewis Biggerstaff VP
Atwood Corp vice president and Southern Die Casting head Biggerstaff elected vice president of the American Die Casting Institute. Announcement comes during the institute’s annual Chicago meeting.
MENTIONED IN THIS ARTICLE
Lewis Biggerstaff
High Point
The
American Die Casting Institute
Biggerstaff
Atwood Corporation
Southern Die Casting
Atwood
Institute
Chicago
Two Appointed at Universal Textured Yarns in Mebane
James T. Patterson is named credit manager and Thomas F. Lanier named cost manager at Universal Textured Yarns Inc in Mebane. Lanier, from Oxford, came from Burlington Yarn Co a Burlington Industries unit, and Patterson from Indian Head Hosiery in High Point after serving as VP of factoring at Civic Southern Factors.
MENTIONED IN THIS ARTICLE
High Point
Universal Textured Yarns, Inc
Mebane
James T. Patterson
Universal
Thomas F. Lanier
Lanier
Oxford
UTV
Burlington Yarn Co
Burlington Industries
East Carolina University
Marilyn
Patterson
Indian Head Hosiery
Civic Southern Factors
Wake Forest University
Jean
Mt. Airy
Local High Point Firms File For Incorporation
The High Point list shows TOP MART APPAREL INC and WATSON S CLOTHIERS INC among new filings. Cush ion House INC Vernon Equipment CO INC and other entities outline authorized capital and initial funding for manufacturing, selling and distributing goods.
MENTIONED IN THIS ARTICLE
High Point
TOP ‘Mart Apparel, Inc
Donnie F. Beasley
Wesley D. McPherson
Trinity
John C. Riggs
Watson’s Clothiers, Inc
Fairland Rd
Jesse D. Watson
Bernie G.watson
Judie Watson McNeill
Cushion House, Inc
Ridgeway Place
Robert E. Dentz
Jamestown
Vernon Equipment Co., Inc
Greenhill Dr
John Leroy Vernon
Daily Delivery Rates and Classified Notices
The notice lists home delivery and mail subscription rates for The High Point Enterprise In North Carolina with taxes and disclaimer of carrier liability. It notes second class matter status and post office details from March 3 1879 and mentions independent contractor relationships with Ward Griffith Company national advertising reps.
MENTIONED IN THIS ARTICLE
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
Ward-Griffith Company
National Advertising Representatives
Nixon outlines Phase 2 aims and enforcement debate
The article details President Nixon's Phase 2 economic plan with emphasis on voluntary cooperation, government sanctions, and enforcement questions. It notes focus on large industries and unions, potential health cost measures, and the challenge of backing private exhortations with action.
MENTIONED IN THIS ARTICLE
Nixon
Detroit
Portland
Ore
Washington
White House
Florida
Ronald L. Ziegler
Secretary of Treasury
John B. Connally
George Shultz
Office of Management
Council of Economic Advisers
Ziegler
Detroit Economic Club
Moe
Jan
Kid TV forum praises progress and warns of harms
Bob Keeshan Captain Kangaroo urged more good compassionate people to create better children's programs and attract viewers while warning that excess TV harms parent child relations. Panelists noted gains this season but lament the ongoing commercial curse and the hunger for bad shows and toys.
MENTIONED IN THIS ARTICLE
New York
Bob Keeshan
Captain Kangaroo
Keeshan
Burt Rosen
Story Theatre
George Stoney
Alternate Media Center
New York University
Eda Leshan
Miss Leshan
Senate rejects halt in bombing Indochina vote 4 to 19
The Senate defeated Mike Gravel's bid to halt all bombing in Indochina 4 to 19 amid objections from Sen. John Stennis. The chamber moved toward final passage of a $21 billion military procurement bill as Symington's amended plan, imposing a $350 million ceiling on U S spending in Laos, drew support. Kissinger communications failed to sway Stennis who backed the Laos spending limit in hopes of broader Senate approval.
MENTIONED IN THIS ARTICLE
Washington
Senate
U.S
Indochina
John Stennis
D-Miss
Thailand
Southeast Asian
Mike Gravel
Alaska
Gravel
Nixon
Stuart Symington
D.o
John C. Stennis
Armed Services Committee
Laos
Henry Kissinger
Stennis
Gordon Allott
R.colp
Vietnam
Symington
Central Intelligence Agency
Ho Chi Minh Trail
Also Mentioned on This Page
Stock Market Report
Carole Martin
New York Stock Exchange
Disney
Polaroid
IBM
Xerox
General Tire
Southern California Edison
Sony Corp
S South Co
A.P. Stock
Dow-Jones
Fe RtAa
National Post
National Academy of Television Arts & Sciences
Preventor Security Center
North Main Street
North Carolina
R.S. Dickson
Powell, Kistler & Crawford
New York Stock Exchange, Inc
American Stock Exchange
N. Main Street
Top Pont