Market recovers. blue chips edge higher at midday
The stock market steadies after early softness with the Dow at 918.52 up 2.05 and the AP 60-stock average up 0.2. IBM Polaroid Xerox lead gains while Great Western Financial Public Service of Colorado and Planning Research show large blocks traded ahead of noon.
MENTIONED IN THIS ARTICLE
New York
IBM
Polaroid
Xerox
Associated Press
Great Western Financial
Public Service of Colorado
Planning Research
New York Stock Index Report At Noon
The New York Stock Exchange composite index at noon shows mixed moves across sectors with modest gains in some industrial and transportation groups. Utilities and finance perform unevenly as traders digest early afternoon data.
MENTIONED IN THIS ARTICLE
NEW York
Neewenereeertrs
Explosions Hit Ayden Amid Civil Unrest
Two more explosions strike Ayden North Carolina as protests over the fatal shooting of a black man by a state trooper continue. An explosion at Ayden Grifton High School caused no injuries and dismissed students. A blast damaged a shop owned by a local councilman and a pickle plant spice room. The protests have led to numerous arrests and a biracial jury exonerating the trooper.
MENTIONED IN THIS ARTICLE
Ayden
N.C
Ayden-Grifton High School
Ruby Cannon
Consolidated High School
Stewart Named National Sales Manager at Thayer Coggin
D Richard Stewart appointed national sales manager for Thayer Coggin Institutional Contract Division. New post created with Stewart to be headquartered at the High Point factory. Previously development manager at Monsanto’s furniture division in St Louis, with earlier 12 years at Broyhill Furniture Industries in Lenoir in multiple sales roles.
MENTIONED IN THIS ARTICLE
D. Richard Stewart
Thayer Coggin Institutional
Thayer Coggin, Inc
Stewart
High Point
Depment Manger
Furnview Enterprise Division
Monsanto Co
St. Louis
Miss
Monsanto
Vukan
Broyhill Furniture Industries
Lenoir
Dividend Declared by Guardsman Chemical Coatings
Guardsman Chemical Coatings Inc declares a regular third quarter dividend of 75 cents a share payable September 27 to holders of record September 15.
MENTIONED IN THIS ARTICLE
Guardsman Chemical Coatings, Inc
High Point Underwriters Kickoff With George P Clark
George P Clark of New England Mutual Life Insurance Co will open next year's activities for the High Point Association of Life Underwriters at the Sept 9 breakfast at Holiday Inn Downtown. The event starts 8 am and begins a new year with annual awards. New officers include Calvin P Miller president Delbert Kirkman first vice president James Foster second vice president Herbert Edwards secretary treasurer Gordon B Weathers national committee man Bob Carlson state committeeman.
MENTIONED IN THIS ARTICLE
George P. Clark
New England Mutual Life Insurance Co
High Point Assn. of
Holiday Inn
Clark
Calvin P. Miller
Del‘bert Kirkman
James Foster
Herbert Edwards
Gordon B. Weathers
Bob Carlson
Connally Presses Nixon Tax Plan Before Congress
Secretary Connally urged passage of the Nixon tax package as part of the administration's economic program. He argued the plan would reduce individual taxes by about seven billion dollars when combined with existing cuts, and defended repeal of the automobile excise tax as helping car buyers.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
John B. Connally
Congress
Nixon
Connally
House
Ways and Means Committee
George P. Shultz
Senate
Americans Press Ground Push Into Laos Front
U.S. forces struck from land sea and air as 2 500 South Vietnamese troops joined a three day old operation below the DMZ. Gen Pham Van Phu said 12 500 troops found four enemy base camps and estimated 6 000 10 000 North Vietnamese troops remained in the area.
MENTIONED IN THIS ARTICLE
Saigon
U.S
South Vietnam
Demilitarized Zone
Pham van Phu
South Viet‘namese 1St Infantry Division
Laos
Dmz
Phu
Khe Sanh
Associated Press
Holger Jensen
Canada Formulates Bill To Counter U.S. Surcharge
Ottawa introduces 80 million in grants to help firms offset the 10 percent U.S. import levy. Trade Minister Pepin says the move aims to blunt tariff impact and keep Canadian exports competitive while weighing broader shifts in industrial policy amid U.S. protectionist signals.
MENTIONED IN THIS ARTICLE
Ottawa
U.S
Canada
United States
Jean-Luc Pe‘pin
House of Commons
Nixon
Finance
E. J. Benson
Commons
Jeop
Benson
Canda
Protests Sparse as Busing Plans Take Effect Across States
Court ordered school integration by bus began in Southern and Midwestern districts with scattered protests. Mobile Alabama, with 68 000 pupils about 40 percent Black, starts half day sessions as 6 300 pupils ride across district lines under a July court order. Pontiac Michigan saw 63 percent attendance as nine women were arrested for trying to block buses after prior bus attacks.
MENTIONED IN THIS ARTICLE
Associated Press
Mobile City-County
Alabama
Mobile
Pontiac
Mich
Hool
Dana Whitmer
Pontiac Central High School
U S to Send Top Pentagon Official to Moscow
Washington reports a high ranking Pentagon official will visit Moscow to begin talks aimed at ending high seas harassment and other cold war naval incidents. Navy Undersecretary John W. Warner will lead the October mission from the Office of Ocean Affairs as part of a broader shift toward U S Soviet agreement on sea law and mutual force reductions.
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Washington
United States
Pentagon
Moscow
John W. Warner
U.S
Warner
Defense Department
Nixon
Europe
United
States
Russia
Tonkin Gulf
Sea of Japan
Mediterranean
James Madison
Florida
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