Stock market slips as Dow drops to 832.63 at noon
In moderate trading amid mixed factors, the Dow Jones Industrial Average fell 2.05 to 832.63 at noon. Analysts cited inflation and Vietnam war policy concerns, noting a market hesitancy and ongoing shifts to dress portfolios for the third quarter. The 60 stock average slid to 290.9 while rails and industrials declined and utilities edged up slightly.
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New York
Associated Press
Dow-Jones
Ae Associated
Pra
Raila
Vai
Low
Thatta Indutrial
Finance
Falkner resigns from Martin-Faulkner for Richmond role
Je Falkner has resigned his position at Martin-Faulkner Advertising to become advertising manager and director of public relations for Richmond Construction Co. The resignation is effective October 1.
MENTIONED IN THIS ARTICLE
Je’ Falkner
Martin-Faulkner Advertising, Inc
Richmond Construction Co
Unclear Text Summary of Cincinnati Shooting Case
Fragmentary report from Cincinnati Ohio an AP dispatch notes a fatal shooting during a robbery at a small savings operation. Investigators seek two additional suspects while current management may continue operations under present supervision. NASD price quotes are referenced in the fragment.
MENTIONED IN THIS ARTICLE
Cincinnati, Ohio
First Union to Acquire H A Caesar & Company
Forecasts show regional weather with showers possible in the North Carolina mountains Friday and mild, partly cloudy conditions elsewhere. Low temperatures range from the 50s in mountains to 60s-70s along coasts. Separate business item notes First Union National Bancorp of Charlotte plans to acquire H A Caesar & Company, which will become a wholly owned subsidiary. The article also references political and investigative notes involving NAACP officials and judicial committee expectations regarding Senator Hart.
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First Union National Bancorp, Inc
Charlotte
H. A. Caesar & Company
New York
North Carolina
South Carolina
Georgia
Virginia
Two More Sought In Fatal Shooting Of Four Women
Police continued a manhunt for two suspects in the fatal shooting of four women during a Wednesday robbery at Cabinet Supreme Savings and Loan. No charges were filed yet as investigators pursue leads in the $275 heist that left Lilian DeWald, a secretary and policeman's wife, and three customers dead.
MENTIONED IN THIS ARTICLE
Cabinet Supreme Savings and Loan Association
Lilian, DeWald
Cincinnati
Walter DeWald
Josep Huebner
Henrietta Stitzel
Luena, Bitzel
Haynsworth nomination at Senate hearings faces opposition
Reported views from Stephen Schlossberg and AFL CIO spokesmen suggest a growing anti Haynsworth sentiment. Hearings began Aug 16 with sparse attendance as opponents urged rejection citing alleged anti labor bias and potential conflicts of interest.
MENTIONED IN THIS ARTICLE
Stephen I. Schlossberg
United Auto
Workers Union
Hayns
Worth
Schlossberg
Afl-Cio
Electrical Workers Union
Haynsworth, Detroit
U.S. Motors Corp
Court of Appeals
U.S
Pyiot Bredhoff
General
Union Department
Chrysler
Carsons Gets Federal Contract for Furniture
Carson's, Inc. of High Point has been awarded a federal contract worth 160,220 dollars for furniture production. The General Services Administration announced the award today through the office of Senator Everett Jordan, noting purchases support governmentwide needs.
MENTIONED IN THIS ARTICLE
Carson’s, Inc
High Point
General Services Administration
Everett Jordan
Presbyterian Meeting Aimed At Healing Regional Breach
In Atlanta a joint committee of 24 churchmen from the nation's two largest Presbyterian denominations discusses plans for a merger after 109 years of separation. They seek to heal regional divides and create a more relevant mission, with potential for broader cooperation and a possible 1974 merger date. A conservative splinter group opposes the merger amid declines in membership. Dr. J Randolph Taylor notes risks but sees grassroots cooperation driving the effort.
MENTIONED IN THIS ARTICLE
Atlanta
J. Randolph Taylor
Central Presbyte ii
Denomterian
U. S
Sion
Ttt
Pres Jena Ue Preah
Con
Taylor
Soviets May Be Re-Balancing Ties With U.S. And Red China
Washington AP report says the Soviet Union may shift its nuclear policy focus to ease tensions with the United States and Red China. Secretary Rogers and Soviet Foreign Minister Gromyko discussed potential early talks, with a start possible in the coming weeks or months. Kremlin signals suggest Moscow may wait for the September meeting between Kosygin and Chou En-Lai to guide its stance.
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Washington
Thermore
Soviet Union
United States
Nixon
U.S
Kremlin
William P
Russia
Rogers
Andrei Gromyko
New York
Moscow
Gromyko
Peking
Alexei Kosygin
Chou En-Lai
Red China
Raleigh garage group eyes license board for mechanics
Roy C. Tunstall of the Independent Garage Owners Association of North Carolina charged Governor Bob Scott was misinformed on repair costs and defended independent shops. He cited a 40 percent rise in repair costs in major cities over 12 years and more than a 100 percent rise in liability rates, urging a licensing board be established and criticizing insurers for delaying claims settlements until full accident releases are obtained.
MENTIONED IN THIS ARTICLE
Raleigh
Roy C. Turstall
Independent Garage Owners Association of
North Carolina
Bob Scott
Tunstall
Scott
Insurance Unien
Nixon's troop withdrawal call at Paris peace talks
At the 35th Paris peace talks session, Secretary Lodge urged a timetable for full U S troop withdrawal and asked North Vietnam to remove forces from South Vietnam Laos and Cambodia. North Vietnam condemned Nixon's call for world pressure as doomed to fail.
MENTIONED IN THIS ARTICLE
Paris
Lodge
United States
America
North Vietnam
South Vietnam
Laos
Cambodia
Nixon
Hanoi
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