Stock Market Drifts. Dow Still Upweak Amid Uncertainty
The market saw a quiet session with the Dow Jones industrials off amid waning momentum after a prior gain. Investors awaited Phase 2 of the Nixon administration's economic program while big blocks traded Damon Corp and American Broadcasting shares as declines offset modest advances by others.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Associated Press
New York Stock Exchange
Damon Corp
American Broadcasting
Fairchild Camera
Universal Oil Products
Sinatra Sues Midnight Over False Cancer Claim
Frank Sinatra files a 5 million libel suit in Manhattan federal court against the weekly Midnight alleging the publication falsely claimed he had cancer and would die. The complaint cites a May 10, 1971 issue headlined Frank Sinatra has cancer and asserts he has never had cancer or a doctor’s diagnosis of cancer.
MENTIONED IN THIS ARTICLE
NEW York
Frank Sinatra
Midnight
U.S
Manhattan
Sinatra
Prison Ward of Hospital Gets Brown
H. Rap Brown, wounded in a police shootout, moved to the prison ward of Bellevue Hospital after treatment at Roosevelt Hospital. He was arraigned on attempted robbery, attempted murder, and weapon possession charges and is held on $250,000 bail, while claiming to be Roy Williams. Brown's disappearance followed a 1970 Bel Air car explosion that killed two associates.
MENTIONED IN THIS ARTICLE
New York
H. Rap Brown
Bellevue Hospital
Brown
Roosevelt Hospital
Roy Williams
Bel Air
North Carolina Primary Date Shift Considered
Both the North Carolina House and Senate moved bills to shift the 1972 primary from Tuesday to Saturday. House panel approved and then rejected an amendment setting the date to the first Saturday in June. Senate panel backed a resolution to allow discussion of the absentee ballot issue during a special session.
MENTIONED IN THIS ARTICLE
Raleigh
House
Senate
North Carolina
General Assembly
Richard Lane Brown
Fights Break Out At Charlotte High Schools
AP reports outbreaks of pupil fighting at South Mecklenburg and East Mecklenburg high schools in Charlotte. At least 15 arrests were made at South Mecklenburg. East Mecklenburg had no arrests and no serious injuries. The week prior Myers Park High School had 16 pupils injured and six officers hurt, with 70 windows smashed and equipment damaged.
MENTIONED IN THIS ARTICLE
ClevElist
Merck
Collins Rad
New York
Coloniist
CBS
Colu Gas
Ye MobilOil
Mhoas
Mtstatt
We Arklgas
Va Cons Power
Nabisco
Barnes Ng
Barnwel
Va Contl Corp
Ve Brascan Ltd
Natcashr
Cinerama
Nat Steel
Va Cox
Data Control
Dillard
Natomas
Dixilyn Corp
Crawcell
NewPow
Crown Cork
Newberry
Va Equit Cp
CrwnZell
Essex Chem We
Curtiss Wrt
Newmat
Niag MP
Ve Felmont Oil
NL Ind
Frontier Air
Dan River
Norfolk
Gen Plywood
Norris Ind
Noamrk
Husky Oil
Deere Co
NoStaPw
Delta Air
Northrop
Ve Instrum Sys
DennyRst
Nwst Airl
Jamesway
DetEdis
Norton
Jetronic Ind
Diam Sham
Nort Simon
Jupiter Cp
Dillon Co
Disney
Diversind
OhioEdis
Kingsford
Lafay Radio
Va Or Pepper
Okla GE
Ye Okla Ngs
J Ling Tvgt
LoewsTre
Va DowChm
Olin Corp
Milgo Elect
PAS _ Duq Lt
Newldria Mn
Near Dynam Am
Owen NI
Owen Cng
Ye NewPark Mn Ae Basil Os
Nor Cdn
East Air Lin
Nuclear Am
EasKodak
Echlin Mf
PacPetr
Ozark Airline
Ve Eg&g
Pacpwl
Permaner
Pac T&t
Aes Phoenix
Va Reserve OG
Penn Cent
Va Penn Dix
Statham Ins
Evans P
Penney JC
E Fansteel Inc
PhilMorr
Vikoa Inc
Firestne
As — Phill Pet
VLN Corp
Sve
Firestone Wi
Pitneyb
Wm Westates Pit
Wilshire
Va Yates
Associated Press
Ford M
Pullman
GAC Co Me
GAF Corp
GenElec
Reviow
AetnaLfe
GnTelEl
Reyn Ind
Gen Tire Ib
ReynMet
Genesco
Arizona
Rohr
Gerber
Royccola
Gettyo
RoyCut
Ing. R
Gillette
A Ryder Sg
1Va Coe Aividena
Glen Alden Io
Allied Ch
Global Marin
Ve Safeway
AlliedStr
Nn Goodrich
Stroem
AllisCh
Goodyr
Alcoa
Sanders Asso
AmHess
Grt A&p
Va Sa
Am Air
Gt West Fini
SanFeint
Brads
ScherPig
AmBadest
SCM Corp
Greyhound
Scoa Ind
Scott Pap
Acrysug
Gulf Oil
Ameipw
Shell Oil
Halliburt
Harris
Asmeltr
SingerCo
Hercules
At&t
Ae — Heublein
Sony
Soucale 1
Me Amp Inc
Hott Elect Ra
Ve South Co
Ampex Corp
Holidyinn
Soungas
HollySug
Hock
Hemeemee O
Apeco Co
Honywil
Sperrer
Ve. Arch Dan
Kollsman
IdahoPw
Atl
StOilind
Atlas Corp
Es Avco Corp
tdOilOh
Babckw
Swift Co
Beckman
Beecher
Tektronix Bendix
Creee Teledyne
Telex Cp
Beth “Sn
Lowa Psy
Tenneco
Vetek Corp
Tesoro Pet
Boeing Co
Ae Dent
E Texaco
BolsCas
Jewel Co
Texetrn
Borden
JohnMan
Tex G Sul
Jonnjoh
Texas
Jon Lang
Textron
Se Brunswk
Vl Joy Mfg
Thiokol
EU Bucy Er
TimesMir
Bulovan
Timken
Bunki Ramo
Todd
Burl Ind
Katy Ind
Vel
BuriNor
KayserRo
Transmra
Burrghs
Kennecott
Kerrmcg
TRW Inc
KimbCik
U-U
CampRi&k
Kraftco
UAL Inc
E Kresgess
UMC Ind
Caro
Kroger
Cencoins
Levitz Furn
LibboFd
Cerro Cp
CessnaAir
Littonind
Ches Ohio
Lockheed Air
ChiMil Spp
Loews Corp
US Steel
Chris Craft
Lonesga
Univ Oil
LukenStl
Varian Assoc
LVO Corp
Wn Banc
Zale Corp
Phnom Penh
Cambodia
Kiri Andeth
U.S
14Th Artillery
Nixon
Chu Lai
British Labor split over enabling legislation and Europe
Former Prime Minister Harold Wilson and the Labour Party pledge to oppose the enabling bills. A sizable defectors risk splitting Labour, while Wilson aims to delay and topple the government, seeking a general election as Conservative lead narrows and public doubts about Europe persist.
MENTIONED IN THIS ARTICLE
Harold Wilson
Labor Party
Wilson
Labor
Europe
Big gains posted by Ford GM and Chrysler profits rise
Third quarter results show Ford up 16 percent to 86 million while GM earns 217 million after a prior loss during a strike and Chrysler advances to 6.2 million. A First National City Bank survey finds overall nonfinancial profits up eight percent from a year earlier.
MENTIONED IN THIS ARTICLE
New York
Ford Motor Co
General Motors
Chrysler Corp
First National City Bank
Detroit
Arvid Jouppl
W. C. Roney & Co
David Healy
Burnham & Co
Precautions Grow For Inauguration In Saigon
More than 40 000 South Vietnamese troops and police mobilized around Saigon for President Nguyen Van Thieu inauguration security. Across South Vietnam 202 000 U S troops go on heightened alert as fragile stability and anti Thieu demonstrations raise tensions.
MENTIONED IN THIS ARTICLE
Saigon
Nguyen van Thieu
South Vietnam
U.S
United States
Treasury
John B. Connally
Nixon
Secret Service
Also Mentioned on This Page
Stock Market Report
American Exchange
Jack Lefler
NEW York Exchange
A.P
Ind. Rails Util
Dow-Jones
Sociated Press
Fan
NEW York Stock Index
Arket
Charlotte
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Ward-Griffith Company
National Advertising Representatives
Patricia Wolfson
London
Ralph Stolkin
David Wolfson
Stolkin
Los
Angeles
Wolfson
Wolfsons
John Henry AP
U.S. Steel Corp
Bethlehem Steel
Davis Patrol
George W"gime
Way B. Wesson
S. Main St
Welborn Insurance
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