Market Holds Steady Amid Modest Friday Gains
Stocks moved higher at mid day with the Dow up 2.19 to 759.86 as analysts cited easing credit conditions and hopes for a rate cut. The Associated Press 60 stock average rose 1.1 to 254.1 while breadth favored advances over declines on the NYSE. Major issues such as Chrysler and AT&T posted gains, with several ARMs and tech plays rising while metals and airlines led broader gains.
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NEW York
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St. Louis Federal Reserve Bank
Federal Reserve
Chrysler
Ramada Inns
International Industries
Telex
American Telephone & Telegraph
Litton Industries
American Stock Exchange
Yates Industries
Syntex
Dome Petroleum
Tenna
International Controls
New York Stock Prices end midday with mixed results
The New York Exchange shows scattered gains and losses in noon quotes with several prominent names such as AT&T, Sperry, and Amoco reporting varied percentages. Traders monitor fluctuations and watch market leaders including General Electric and Boeing Co for directional hints.
Night of gunfire near Black Panther building leaves questions
A policeman was fired on by a masked assailant who fled in a car after a dramatic incident. An ambulance reached the scene as turmoil spread with sniper fire and tear gas. Troy Montgomery, 16, was wounded, and John Melvin McClellan, 26, was arrested for murder amid a siege that raised uncertain blame between Panthers and protesters.
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Troy Montgomery
Dividend footnotes explain stock issuances and payout terms
A dense list defines dividend notation and terms such as annual disbursements, regular versus extra payments, stock dividends, ex-dividend status, and special issues. It notes footnotes a through fi cover extras, reorganizations, foreign taxes, and referenced year indicators.
Fugitive Ray Aldridge Paroled After Model Life in Illinois
Ray Aldridge, once jailed for a 1948 Gastonia policeman’s murder and who escaped from a North Carolina prison, was freed on parole after a life-term served 19 years. He built a new life in Rockford Illinois as a metal factory worker and was paroled to Illinois authorities following a campaign by supporters in both states.
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Shelby
N. C
Illinois
North Carolina
Ray Aldridge
Rockford
Ill
FBI
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N.C
Supreme Court weighs flag display in two New York cases
Appeals question whether criminal punishment can follow from the use or display of the American flag. Stephen Radich faced 60 days for seven Morrel flag art pieces, while Nassau County cases target peace symbol overlays on a flag image. The high court previously protected anti flag denouncement but avoided ruling on punishment for burning or defacing the flag.
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Barry Schweid
Associated Press
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Supreme Court
New York
Madison Avenue
Stephen Radich
Marc Morrel
James Meredith
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Senate Review Flags Law Case on Free Speech
A New York Court of Appeals upholds a conviction under a 1967 flag desecration law, rejecting the claim that respect for the flag can be compelled. Critics argue the law intrudes on First Amendment rights and protestors attack similar laws banning flag design. Prosecutor Constantine Fafou plans to appeal under Greek law after Eugenia Niarchos died last May on her husband’s island.
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New York Court of Appeals
Radich
New York
Constantine Fafou
Beingtis
Eugenia Niarchos
Bill To Modernize Congress Wins Approval In House
The House approved a reform bill 326 to 19 after two months of debate, aiming to end secret voting, speed votes, and expand minority rights. It also allows television coverage of committee sessions and introduces electronic voting and computer services. The measure, first overhaul in 24 years, faces Senate adjournment pressure with Oct. 15 target.
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Congress
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Mike Mansfield
Niarchos Indictment Rejected by Greek Court Panel
A panel of lower court judges in Athens rejected a public prosecutor's proposal to indict Stavros Niarchos for causing bodily injury leading to the death of his wife Eugenie on May 4.
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Niarchos
Athens
Piraeus
Constantine Fafoutis
Chris Eliou Athens
Stavros Niarchos
Eugenie
Margaret Ervin backs Sam Ervin on ERA debate
Mrs. Margaret Ervin, wife of Sen. Sam Ervin, says she agrees with her husband on opposing the equal rights amendment. She notes she supports his efforts to help women while fearing changes to amenities and roles may come if the House amendment advances.
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Women's Liberation
Margaret Ervin
Senate
Sam
Sam Ervin
D-N.c
Womens Liberation Movement
Ervin
Beuaneelvd Htteten
Lkoas
Dow Jones Averages and Sector Feedback
Market report notes Dow Jones Averages with figures for Industrials Transportation Utilities and Rails including minor changes. Bond yields and rail classifications appear listed with price points and percent shifts in a compact financial snapshot.
New York Stock Index Snapshot At Noon
New York stock indexes show mixed trading as viewing figures distribute across sectors. Industrial and transportation gauge slight declines while finance rises with small gains in other areas under noon trading.
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New York
Iran
FCC Commissioner Criticizes Agnew on Drug Glorification
FCC Commissioner Nicholas Johnson says Spiro Agnew attack on rock music targets the wrong group. Johnson urges focusing on corporate campaign contributors tied to drug and alcohol profits and advertising that glamorizes youth drug use. He notes songwriters discuss drug themes but do not finance campaigns.
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