Stock Market Slips Amid Profit Taking and Vietnam Cease-Fire Skepticism
In New York trading the Dow Jones average fell 2.74 points to 780.94 at noon as declines outpaced advances on the NYSE. The AP 60-stock average dropped 1.3 points to 264.9 with industrials down 2.8, rails up 0.1, utilities down 0.8. American Stock Exchange quotes California Computer up 1% at 27, Milgo Electronic up 1% at 37, Mouldings up 1 at 11 4, Digital Satie off 1% at 8242, and another issue off 1% at 205.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Dow
Nixon
Vietnam
Associated Press
American Stock Exchange
California Computer
Milgo Electronic
New York Exchange Prices With Dividend Footnotes
AP reports New York Stock Exchange afternoon prices with sales data, net per share, high and low values, and last price. Footnotes explain special or extra dividends, stock dividends, liquidating dividends, and actions from prior and current years as well as new issues and accumulative notes.
MENTIONED IN THIS ARTICLE
New York
Gispytsemmens Vaseu
Stock Market Averages Narrow Gains Despite Turbulence
The AP reports mixed stock movement with modest gains in several index areas as traders digest late morning data. Major rails and utilities show varied performance while large blue chips such as General Mills and Ford display mixed results amid fluctuating volume.
Over-The-Counter Bid-Asked Quotations From NASD Summary
NASD quotes show inter-dealer bid and ask prices around 11 a.m. with notes on market changes. Lists include Auto Service, Amer Furniture, Eckerd Drug, North Carolina banks, Hardee and Ruddick entities, plus dividend and special condition markers such as ex dividend and ex rights.
MENTIONED IN THIS ARTICLE
Eckerd Drug
UN. Bank Corp
Hardee's
N.C.N.B
Nixon outlines Vietnam peace plan amid troop withdrawals
Nixon says talks in Paris should continue and the United States will negotiate an agreed timetable for complete withdrawals. He aims to remove over 260000 troops by next spring, totaling 165000 withdrawn so far, while seeking a political settlement reflecting both Communist and non Communist forces and the will of South Vietnamese people. He calls for immediate unconditional releases of all prisoners of war and civilians. Saigon backs the plan as South Vietnam’s Thieu government supports its military terms and Geneva framework.
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Ficials
North Vietnam
Paris
United States
Nixon
Vietnam
South Vietnam
White House
Capitol Hill
Saigon
Presiden
Nguyen van Thieu
Indochina
Grantham Moves to NCNB Consumer Credit Chief Role
Grantham, Sanders L. Grantham now manager of consumer credit at NCNB Thomasville offices, previously assistant manager in High Point. A Greene County native, Campbell and High Point College alumnus, he joined NCNB in 1959 after Army service. He is a former High Point Exchange Club president and Elks member, married to Elizabeth Prettyman with two children.
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Sanders L. Grantham
Thomasville
North Carolina National Bank
Grantham
NCNB
Greene County
Campbell College
High Point College
Bank
U.S. Army
High Point Exchange Club
High Point ‘Elks Club
Forest Hills ‘Presbyterian Church
Elizabeth Prettyman
J. E. Prettyman
Westwood Ave
High ‘Point
Polly
Christopher
Woodcraft Originals and Douglas Printing Win National Graphic Arts Awards
Mead Paper Corp awards for craftsmanship in graphic arts honor Woodcraft Originals lamps and Douglas Printing of High Point as the only Southern winners. About 100 entries from the United States and Canada were judged by the Graphic Arts Council in Dayton, Ohio, with 10 merit awards named.
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Woodcraft Originals
Douglas Printing
High Point
Mead Paper Corp
United States
Canada
Graphic Arts Council
Dayton
Ohio
Woodcraft ,Originals
South
Strupe Lackey
Woodhobo
Fisher-Harrison
Furniture City Color
Management Meet Dowd to address labor trends in seventies
Edward J. Dowd Jr. of Central Piedmont Industries will address the Greens boro area chapter of the Society for Advancement of Management at Sedgefield Country Club on Tuesday October 13. The session starts at 6 30 p m with the topic Labor Relations Trends in the Seventies.
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Edward J. Dowd Jr
Central Piedmont Industries, Inc
Charlotte
Greensboro Area
Society For Advancement of Management
Sedgefield Country Club
Dowd
Kemm Promoted to Merchandise Manager at Drexel
Ernest B. Kemm has been named merchandise manager for living room wood products at Drexel Enterprises Heritage and Drexel divisions. A New York City native, he joined Heritage in 1963 after graduating from UNC with an MBA the same year. He and his wife Patricia Carter reside in High Point with their two daughters.
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Ernest B. Kemm
Drexel Enterprises
Heritage
Drexel
Kemm
New York City
Phillips Exeter Academy
University of North Carolina At Chapel Hill
Patricia Carter
Wallace and
High
Oint
Rex Plastics Reports Higher Q3 Sales and Earnings
Rex Plastics Inc of asville reports third quarter sales of 1,505,000, up from 1,059,000 a year ago. Earnings for the quarter rose to 46,000 from 43,000. Nine month net earnings decreased to 100,624 from 113,746 last year.
MENTIONED IN THIS ARTICLE
Rex Plastics, Inc
Asville
Congress In Agreement Over Nixons Message
Washington AP reports near unanimous congressional praise for President Nixon's Vietnam speech. Senators Church Cooper and Mansfield call the plan comprehensive and humane, urging a negotiated settlement with Hanoi and a cease-fire without Saigon veto. Muskie and Harriman offer cautious but hopeful endorsements.
MENTIONED IN THIS ARTICLE
Congress
Canadian Kidnapers Demand Broadcast of Quebec Manifesto
The FLQ abducted British trade commissioner James Cross in Montreal and issued a ransom demand for 500000 dollars and the release of 21 Quebec political prisoners. Ottawa agreed to broadcast the manifesto while Foreign Secretary Mitchell Sharp urged negotiations and Cross’s safe release.
MENTIONED IN THIS ARTICLE
Montreal
James Richard Cross
Quebec
Cross
Quebec Liberation Front
FLQ
Mitchell Sharp
Sharp
Radio Cana
Martha Mitchell Watch Tells Time Says Finch
In Salt Lake City AP report, adviser Robert Finch described a Martha Mitchell watch as a novelty that “tells you the time” during a civic talk. The remark ties to Att. Gen. John Mitchell’s wife and speculative links to Vice President Agnew.
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Salt
Lake City
Robert Finch
John Mitchell
Spiro T. Agnew
Martha Mitchell
Finch
Congress flexes war spending curb on Indochina cuts
In Washington House members push new amendments to a $66.7 billion defense bill aiming to cut off U S ground troop funding by June 1 and cap war spending at 15 billion while seeking next June 30 withdrawal. Fraser and Riegle lead measures alongside debated Safeguard cuts and troop reductions in Europe.
MENTIONED IN THIS ARTICLE
Washington
Congress
U.S
Nixon
Donald W. Riegle Jr
R-Mich
Indochina
Donald M. Fraser
Dminn
House
Pentagon
Europe
South Vietnam
Attorney To Receive Sentence In Threat Letters Case
Wake County delinquent tax attorney John A. Robertson was convicted by a jury of sending threatening letters to North Carolina university leaders. U. S. District Judge Algernon Butler delayed sentencing, possibly to Friday, with potential penalties up to five years in prison and a $1000 fine.
MENTIONED IN THIS ARTICLE
Consolidated University of North Carolina
John T. Caldwell
North Carolina State University
U. S
Cambodia
John A. Robertson
Robertson
FBI
Thomas A. Delaney
Jane Harris
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