Market recovers amid mixed stock trading in New York
New York AP reports a balanced session with the Dow up 1.22 to 628.91 and a 3 to 2 gainers lead at the NYSE. AT&T leads active list, down 2 in big block trade. gold stocks rebound with ASA up 4 to 73, Homestake and Dome Mines higher.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
American Telephone & Telegraph
NYSE
American Stock Exchange
ASA, Ltd
Homestake
Dome Mines
Campbell Red Lake Mines
IBM
McDonald’s
Merck
Yellowknife
Amex
New York Stock Exchange activity and market listings
Dense stock quote text from the New York Stock Exchange showing prices and changes along with a partial newspaper masthead for The High Point Enterprise dated in North Carolina. The OCR includes numerous ticker listings and company abbreviations with scattered figures, followed by the publication’s pricing and imprint.
Ford Announces Clemency Plan For Draft Evasion
President Ford unveiled a clemency discharge program for draft evaders with terms for service, allegiance, and potential prosecutions for noncompliance. Officials estimated about 15,500 evaders could qualify, including 8,700 convicted, 4,350 indicted, and 2,250 under investigation.
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Griffin
Ford
White House
United States
Southern Democrats near end of strategy talks in Virginia Beach
Southern party chairmen met in Virginia Beach to close two days of discussion on campaign strategy and unity. No clear plan or formal charter decision emerged. Former North Carolina Governor Terry Sanford signaled the charter issue was largely dead, with alternatives possible at December midterm talks.
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Dave Riley
Associated Press
Virginia Beach, Va
Democratic Party
Virginia
Joseph P. Fitzpatrick
Kansas City
North Carolina
Terry Sanford
Sanford
Mrs Smith elected GOP national chair at Iowa meeting
The GOP named Mrs Smith national committee chair in a meeting highlighted by a presidential luncheon with Ford and Rockefeller. Despite no public opposition, some officials criticized the selection process. Bush forecast better fall results, defended Nixon era stance, and party funds showed a $1.7 million balance after raising over $5.5 million in the year.
MENTIONED IN THIS ARTICLE
Smith
Ford
Nelson A. Rockefeller
No Bomb Signs Found in Eastern Jet Crash near Charlotte
FBI says searchers found no evidence of a bomb on the Eastern Airlines DC9 that crashed three miles south of Douglas Municipal Airport killing 70. Authorities expect a week more to examine wreckage while NTSB studies engines and logs for clues.
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Charlotte, N.C
FBI
Eastern Airlines
Charlotte
Douglas Municipal
Chicago
National Transportation Safety Board
NTSB
Tom Slattery
Kenneth OD
Williams
Department of Defense
Charleston Naval Base
Palmer Galliard
Charlston
Air National Guard
William Lamb
Tropical low near Jamaica strengthens toward Fifi storm
Forecasters at the National Hurricane Center say a tropical low near Jamaica has become better organized and may intensify into tropical storm Fifi. Satellite data place the system off Jamaica at 17.5 N 76.0 W, moving west-northwest about 15 mph, with gusts to 45 mph reported offshore. If winds reach 39 mph, it becomes the sixth tropical storm of the season with heavy rain and possible flooding in Jamaica, eastern Cuba, and Hispaniola. Small craft advisories extend from Hispaniola westward.
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Miami
Fla
National Hurricane Center
Jamaica
Hurricane Center
Cuba
Hispaniola
Caribbean
Mounted Police Stop Marches In South Boston High
Eighty seven black students boarded buses for South Boston High as antibusing demonstrators clashed with police. About 13 arrests were reported as mounted officers dispersed crowds including a rock throwing group of white teens. Bars were ordered closed to curb unrest during desegregation.
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Terry Ryan
Associated Press
Boston
South Boston High School
East Broadway
South
Robert diGrazia
South Boston
South Boston High
Maritime unions funnel money to Congressmen
The maritime unions retain about 886000 for political donations after giving 333300 to 141 lawmakers who backed the disputed shipping bill. Most money, 595000, sits in three trusts run by the Marine Engineers Beneficial Association, with other major trusts from Seafarers International Union and Masters, Mates and Pilots. The influx favored incumbents who voted for the bill, while Javits of New York returned 8500 to the marine engineers union days before the Senate vote.
MENTIONED IN THIS ARTICLE
Washington
U.S
Marine Engineers Beneficial Association
Seafarers International Union
Masters, Mates and Pilots
Jacob K. Javits
R-N.y
Marine Engineers Union
Senate
Javits
Nixon Condition Deteriorates as Ex-President Tied to Break-In
Newsweek quotes Nixon's physician Maj. Gen. Walter Tkach saying phlebitis has worsened to a point where recovery is a miracle. He warns of possible blood clots and favors hospital care with anticoagulants, but Nixon resists, fearing he'll not come out alive. A Watergate tie is also cited by an unnamed Jaworski associate.
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Nixon
New York
Newsweek Magazine
Richard M. Nixon
Walter Tkach
Pat Nixon
Tkach
San Clemente
Newsweek
Leon Jaworski
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