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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 13, 1976
Page
4
Stocks rose modestly as traders cited internal market forces guiding a gentle advance. The Dow Jones industrials climbed about 43 points to 976.70 while NYSE volume approached 679 million shares amid mixed activity and no clear news catalyst.
Market summaries show Dow Jones averages uneven as ex-dividend dates loom. Trading sees cautious moves with sector rotation and preparations for reorganizations within major banks and financial firms.
New CBS president Robert Wussler, 40, formerly sports VP since 1974 and Emmy winner for spaceflight coverage, to succeed Robert D. Wood who resigns to produce features in Southern California. John A. Schneider notes Wood's shift to CBS features in his favorite region.
Firefighting reinforcements from Arkansas arrived to relieve weary crews as several fires burned in North Carolina national forests near Asheville Randolph County and the Nantahala region. Winds stayed high and dryness persisted with forecasts predicting little change.
A Lords Privileges Committee ruled Geoffrey Russell the legitimate son and heir to the Ampthill barony after seven weeks of deliberation, reviving a 1920s scandal. The decision grants the title to Geoffrey over John Hugo Russell, pending full Lords and Queen approval.
A Southern Regional Council survey of 1979 legislators ranks utilities and banks as the most powerful lobbyists at the North Carolina General Assembly. The council released a 100 page handbook listing legislators, their occupations, finances, and voting records, with rankings of lobby groups and leaders in both the Senate and House.
Medgar Evers College in Brooklyn hosts a Jackson campaign stop as he frames unemployment cuts as a path to larger federal revenue. He contrasts white audience welfare views with Black and Puerto Rican listeners, arguing for job creation over cuts and stressing federal backing for health, education, and welfare.
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