Dow Jones Dips After Inflation News Amid Market Slowdown
The Dow fell 3.74 to 923.62 by noon as negative inflation data cooled a Friday rally. Westinghouse Electric rose 19 percent to a 1977 high after a court settlement over canceled uranium contracts. NYSE composite slipped .15 to 53.79, AMEX index down .08 to 111.89.
MENTIONED IN THIS ARTICLE
New York
National Association of Purchasing Management
Westinghouse Electric
NYSE
American Stock Exchange
Stock index snapshot shows mixed New York market readings
A New York Stock Exchange report lists varied end of day prices and percent changes across many issues. Major industrial and transportation stocks show modest gains and losses, with mixed activity in financials and utilities as traders close sessions.
High Point Enterprise Subscription Rates and Delivery Info
The High Point Enterprise lists mail and carrier subscription rates for daily and Sunday editions, with pricing for 1, 3, and 6 month terms and a 4 percent North Carolina sales tax. The notice details delivery arrangements and advertising representation.
MENTIONED IN THIS ARTICLE
High Point Enterprise
Mouni
Church Avenue
High Point
N.C
Ingram Fights Bills Seen Favoring Insurance Firms
North Carolina Insurance Commissioner John R. Ingram denounces new General Assembly bills he says would shift burden of proof, force rates within 30 days, and raise auto and liability costs while limiting regulatory power. He cites three measures to require collision coverage for drivers, shield agents from arbitrary cancellations, and boost trucking liability limits.
MENTIONED IN THIS ARTICLE
Raleigh
General Assembly
John R. Ingram
Ingram
Senate
House
Commissi Hnve
Atlanta fires 1001 workers as strike continues
Hundreds lined up outside the city personnel office seeking jobs after the firing of 1,001 workers for striking. Mayor Maynard Jackson insisted on replacements while union leaders pressed for a 50 cent per hour raise, with clashes and arrests reported over the weekend.
MENTIONED IN THIS ARTICLE
Atlanta
John Head
City Hall
Clinton Chapin
American Federation of State
Chapin
Maynard Jackson
Sam Hitler
Modest landlord tenant bill eyed in North Carolina
AP report from Raleigh notes sponsors plan a modest measure this year aimed at key issues like warranty of habitability and covenants. Rep. Henry Frye says goal is passage, not a drawn out fight, with support anticipated though no votes counted yet. Mecklenburg legal aid officials back focused reforms and basic obligations for landlords and tenants.
MENTIONED IN THIS ARTICLE
Raleigh
N.C
Henry Frye
Durham
Frye
Terry Roche
Mecklenburg County Legal Aid Society
Charlotte
Pilot Dies After Crash Near Shiloh Airport in Eden
Witnesses reported engine trouble moments before a red and white Cessna 150 crashed in woods two miles from Shiloh Airport. Pilot B C Chamness, 42, of Eden, died at Morehead Hospital from multiple injuries several hours later. Autopsy and FAA investigation planned.
MENTIONED IN THIS ARTICLE
Chamness
Eden Aviation
Federall Aviation Administration
Guards Ordered Back To Work In Connecticut Strike
A 10 state prisons and jails walkout ended after Judge Anthony Armentano issued a temporary restraining order. About 1,250 union members rejected a contract. guards were ordered back to work while negotiations continue. The proposal claimed a $5,000 two year raise, but critics alleged misleading arithmetic.
MENTIONED IN THIS ARTICLE
Somers
Sandra Biloon
Somers Union
Michael Ferrucci
Council 16
American Federation of State, County and Municipal Encoloyes
Cotton Dust Levels Subject Of Hearing In North Carolina
Public hearings begin in Raleigh on permissible cotton dust levels in mills. OSHA may require up to 200 micrograms per cubic meter over an eight hour shift, with seven year compliance. Industry and worker groups clash over proposed standards and deadlines.
MENTIONED IN THIS ARTICLE
Raleigh
N.C
Washington
American Textile Manufacturers’ Institute
Charlotte
J. Thomas Hall
OSHA
Hazard Warranty Reduced Drives Tire Regulation Changes
The change in tire warranty extends free mounting and balancing during the first 25 percent of tread or 12 months of ownership and offers free replacement for bias belts within 10 percent tread wear. It expands prior 180 day defect limits and aligns with a government plan to attach test results to tires. Final costs and timing vary between manufacturers and the new labeling program faces implementation this year.
MENTIONED IN THIS ARTICLE
Department of Transportation
U.S. Supreme Court
Christians And Jews Celebrate Palms and Passover Worldwide
Worshippers crowded synagogues and churches to begin Passover and Palm Sunday observances. Pope Paul VI addressed threatened peace in Italy as thousands gathered in St. Peter's Square. Egyptian, Moscow, and Jerusalem celebrations reflected Ecumenism and combined Holy Week events across faiths.
MENTIONED IN THIS ARTICLE
Italy
Paul VI
Jerusalem
Moscow
St. Peter's Square
Carter earns broad public support for style and policy
Poll results show an 85-9 per cent majority praising Carter for cutting frills and halting limousines for cabinet officers. A 77-13 per cent call his administration open and 75-15 per cent trust his personal leadership. Citizens also back his appointments of women and blacks, and give 65-19 per cent approval on relations with Congress.
MENTIONED IN THIS ARTICLE
White House
Carter
Nixon
Johnson
Congress
Congressional
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Dow-Jones
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Y’ Stock Exchange
Alcoe
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Citfin
Castick
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Chrysler
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Craig Lawing
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The
Associated Press
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