Stock Market Rally After Rate Cut Hints Lift Wall Street
The Dow up 10.56 to 854.95 at noon as traders priced in lower rates by late summer. Financials led gains with American Telephone and AT&T rising and MGIC Mortgage insurers up as banks ease lending. Boise Cascade climbed on strong first quarter profits, while indexes on the NYSE and Amex moved higher.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
First National City Bank
Florida Power
American Stock Exchange
Boise Cascade
American Telephone & Telegraph
Mgic Investment
Chase Manhattan
Amex
National Kinney Corp
NYSE
New York Stock Exchange closes mixed on noon quotes
Trading at the Exchange showed scattered gains and losses as investors watched midday prices. Notable moves included Alcan Alu, Ampex, IBM, Exxon, and Pennzoil among others, with several blue chips holding steady while tech and energy names fluctuated.
Averages Dow Jones Yearly Dividends Notation
A condensed list of stock market dividend terms and abbreviations including DOW JONES averages, new issues, cash and stock dividends, ex-dividend dates, in arrears actions, stock warrants, and related classifications used in financial reporting.
High Point Enterprise reads like a classic early listing page
The High Point Enterprise ads list subscription rates and billing details for daily and Sunday service, Sunday only delivery, and weekly options, along with notices about Associated Press use and distribution arrangements. It notes price tiers by time frame and a tax on NC subscriptions.
MENTIONED IN THIS ARTICLE
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
Corriee Wkly
Over-The-Counter Bid Asked Quotations From NASD
Quotations from the NASD reflect inter dealer prices as of about 10 a.m. Inter-dealer markets vary through the day. Prices exclude retail markups markdowns or commissions. Quotations supplied via the High Point office of BE F Hutton Co Inc.
MENTIONED IN THIS ARTICLE
High Point
BE. F. Hutton & Co. Inc
Mitchell Relates Resentment At Vesco Use Of Pressure
Former Atty. Gen. John Mitchell testifies he was incensed Vesco used pressure to stop an SEC investigation. He recounts a memo threatening Vesco funds unless action ended and denies meetings with President Nixon. Mitchell also disputes Dean and Sears testimony and asserts Stans shared belief there was no impropriety in the contribution.
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Mitchell
Vesco
J. Morganthaler
Associated Press
NEW York (Ap
Atty
John N
Robert L. Vesco
Nixon
Maurice H. Stans
Secretary of Commerce
Asst
U.S
John Wing
Edward Nixon
New York
Securities and Exchange Commission
Stans
White House
John W. Dean II
Dean
Se*c
Harry Sears
New Jersey
Sears
SEC
William J. Casey
Casey
Niger Army Deposes President Amid Drought Crisis
Niger’s army chief Seyni Kountie says he toppled President Hamani Diori to end “catastrophic” hunger and corruption. Radio Niamey reports Diori under house arrest. 2,500 strong force claims control with no violence. Civil unrest follows drought, famine, and livestock losses across the country.
MENTIONED IN THIS ARTICLE
Lagos
Nigeria
Niger
Hamani Diori
Radio Niamey
Seyni Kountie
Niamey
Diori
France
Niger Radio
Paris
Kountie
Senegal
Patricia Hearst Bank Robbery Fleeing with SLA Claim
Witnesses described a group entering the bank with military precision shouting this is a stickup and claiming SLA membership. Semiautomatic fire wounded two bystanders as the robbers fled. Peter Markoff and Eugene Brannan were treated and reported in satisfactory condition.
MENTIONED IN THIS ARTICLE
Vincent Greely
Greely
SLA
San Francisco
Mortimer McIinerny
Tania
Miss Hearst
Peter Markoff
Eugene Brannan
FBI
Markoff
Brannan
San Francisco General Hospital
Hare Campaigns in Henderson for Democratic Senate Primary
Bill Hare calling himself the working man’s candidate toured Henderson, promising to back the poor and working people if elected. He warned that attorneys protect attorneys and millionaires, walked the streets in a red coat as he sought broad support before the May 7 primary and planned to visit Winston-Salem later today.
MENTIONED IN THIS ARTICLE
Hare
High Point
Raleigh
Winston-Salem
Quick Release Of Death Row Prisoner Asked
RALEIGH AP An attorney for Samuel Poole who remains on death row sought to speed his release after a State Supreme Court ruling set him free The attorney Wayne Robbins of Southern Pines said he would ask the Supreme Court to shorten the procedural period Poole was convicted of first degree burglary last year in Moore County and sentenced to die The Supreme Court reversed his conviction last week due to insufficient evidence at trial
MENTIONED IN THIS ARTICLE
Raleigh
Samuel Poole
Supreme Court
Poole
Wayne Robbins
Southern Pines
Moore County
Deluge of NC tax returns hits department in rush
RALEIGH AP A flood of income tax returns arrived at the North Carolina Department of Revenue on the filing deadline. B W Brown director of the individual income tax division reported 270 bags of returns received and 966 238 refunds totaling 56 888 000 dollars, averaging 58 88 per check. He noted last year at this time 872 650 refunds had been mailed totaling 45 9 million dollars. Brown said processing and refunds take six to eight weeks in some cases.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Brown
Egypt threatens missiles if Israel escalates war
Cairo reports quote Aly Amin editor of Al Ahram saying Egypt would use long range missiles against Israel if it widens operations against Syria and Lebanon. He notes Egypt did not deploy troops after the October war and would resume fighting if Arab states face aggression.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Israel
Syria
Lebanon
al Ahram
Aly Amin
Amin
Free Bellone hearing aid offer in Chicago ad
A Chicago advertisement promotes a free trial of a tiny Bellone hearing aid. The non operative model weighs less than a third of an ounce and sits at the ear level with no wires. Send for one to Dept. 5359 at Reltone Electronics Corp. Chicago zip 60646.
MENTIONED IN THIS ARTICLE
Chicago
Bellone
Reltone Electronics Corp
W. Victoria St
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