Market Ends Mixed as Inflation Cools Gains Slow
The Dow rose 0.45 to 932.57 as declines led by 573 to 565, with 1,538 stocks trading, while the NYSE up 0.07 to 59.23 and the AMEX flat at 25.66. Inflation at 6 percent seasonally adjusted held markets back, though quarterly earnings remained solid. Honeywell fell after word of possible computer troubles and GM slid amid labor strikes.
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NEW York
New York Stock Exchange
American Stock Exchange
U.S. Labor Department
Ronald Cooper
W.fe. Hutton & Co
Cooper
Honeywell
Wall Street Journal
Bausch & Lamb
General Motors
Janesville
Wis
Dow Jones Averages Mixed Across Sectors
Fragmentary financial page shows stock index figures with industrials and rails movements. Entries include Transports around 212.01, Industrials near 84.78, and bonds at 430.03 with small changes. Absent complete readings due to OCR.
Jordan Talmadge Back Nick in North Carolina Campaign
Nick Galifianakis drew two veteran senators to Raleigh for a breakfast with agricultural spokesmen. Senator B Everett Jordan and Senator Herman Talmadge appeared to back Galifianakis as he seeks support for a seat, with Jordan expressing hope he joins the agriculture committee.
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Raleigh
Nick Galifianakis
North Carolina
B. Everett Jordan
Galifianakis
Georgia
Herman Talmadge
Raleigh-Durham
Jordan
Nick
Agriculture Committee
Talmadge
U.S. Senate
Senate Agriculture Committee
Kerr Scott
Henry Belk a Wake Forest alum and NC press leader
Henry Belk, active in Goldsboro civic and religious life, served as public relations director and English teacher at Wake Forest College after graduate study at Columbia. He presided over the North Carolina Press Association and chaired East Carolina University’s board. Named NC’s handicapped man of the year in 1961. his daughter Mary Belk Lipton died in a 1950 Lansing Illinois car accident.
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Columbia School of Journalism
Goldsboro
North Carolina Press Association
East Carolina University
North Carolina
Belks
Mary Belk Lipton
Lansing
Ill
Common Market Leaders Seek to Reassure Public on Europe Unity
At a Paris summit nine governments discussed how to show Western Europe's citizens the Community cares about their interests after Norway rejected joining. Talks covered social security, labor conditions, environment, inflation controls, and a European Monetary Fund with plans to study a single European currency by 1980.
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Paris
Europe
Norway
Sever Weber Petes
Willy Brandt
West Germany
Helmut Schmidt
Brant
Nomics
Brussels
European Monetary Fund
European Parliament
Japanese WWII holdout on Lubang Island killed in clash
On Lubang Island, Philippine troops killed one Japanese soldier and wounded another after a forest gun battle that ended in the surrender attempt of the wounded man. The dead man was identified as Kinishichi Kozuka and the survivor as Shiro Onoda, with war era ammo and artifacts found on the body.
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Manila
Philippine
Lubang Island
Toshio Urabe
Japan
Urabe
Shoichi Yokoi
Guam
Kyodo
Kinishichi Kozuka
Shiro Onoda
Kozuka
Onoda
Japanese Welfare Ministry
High Point Exposition Sees Rising Visitor and Store Registrations
Publicity director Jim Casey reports pre-registration up 15 percent over April and early-store registration up 9 percent as the autumn exposition builds. Gruenberg notes year to date gains in home furnishings with August up 14 percent, across upholstery and case goods. Nixon's China trip may influence market fashions with budget prices. The show opens today with daily displays including Sunday.
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Jim Casey
Gruenberg
Nixon
China
Democrats Plan To Bolt Says Poll
The Gallup Poll shows 32 percent of enrolled Democrats expect to defect and vote for Nixon, a 20 year high and well above the 22 percent average of recent elections. The survey of 2650 voters conducted Sept 29 to Oct 9 also notes Republicans seldom exceed 14 percent defection, except 1964. Youth under 30 favor Nixon 51 to 45, a rare GOP edge among young voters.
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Princeton
Gallup
Nixon
Lyndonb. Johnson
Barry Goldwater
Arizona
George McGovern
Morgan Questions Campaign Financing For State Office
Durham AP. North Carolina Attorney General Robert Morgan warns a statewide campaign requires commitments to vested interests. With three weeks until November 7, Morgan reports only 25000 raised of a 50667 minimum budget for his re election bid.
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Durham
Robert Morgan
North Carolina
Morgan
Nick Smith
Duke University
State Utilities Commission
Detergent Makers Agree On Labeling Contents
Three major manufacturers Lever Brothers Colgate Palmolive and Procter and Gamble will use uniform labels showing phosphorus content. The FTC shelved a proposed rule on labeling and advertising detergents as Rep Reuss criticizes the move.
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Washington
Federal Trade Commission
Lever Brothers Co
Colgate- Palmolive
Procter and Gamble
FTC
Robert Pitofsky
Commission
Bureau of Consumer Protection
Theft Called Off Due To Illness
In Baltimore a gunman entered a bar where Dorothy Carroll worked as a barmaid. He held a pistol to her head and demanded cash, but she stated she was sick and remained seated. The robber, unsettled, left without taking any money.
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Baltimore
Dorothy Carroll
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