Market slides as Carter energy speech looms
The Dow down 2.12 to 940.64 as early trading shows cautious investor mood ahead of President Carter's energy plan details. Auto stocks weaken with General Motors, Ford, and Chrysler off about 1 percent. Citicorp slips 1 percent after modest first quarter earnings.
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New York Stock Exchange
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New York Exchange Prices and Market Listings Amid Slow Trading
The page shows a dense list of stock prices and closing figures with numerous company names across sectors including Amex, ArchOan, Armco, Asarco, AtlasCo, AvonPad, BankAm, FordM, Exxon, Kellogg, Pfizer, RCA, Textron, UALInc, and Xerox. It notes the High Point Enterprise as an independent paper and includes subscription rates and AP notice details.
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New York Stock Exchange Noon Index Report
The AP notes a mixed noon session with the NYSE noon index at 457.013 and sector movements showing slight declines in Industrial and Transportation, with Utilities holding around 40.3 percent and Finance showing a minor negative. Market segments listed include Industrial 9.26 down 0.16, Transportation 42.78 down 0.25, and Utility 40.30 down 0.01.
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New York
New York Stock Exchange
Transportation
Bankers Trust of
S.C
Bassett Furniture
Wa -Exchange— Eng Wa New York
Tock Exchangeianies
Corp Inds
egisCp
Burris
Carmine Foods
Sci Eose
Caroling Casins Car
Pal
Asamera
Caro. Steel Corp
Atlascm Jet
Central Vermont Beverive Bellind
Sia BowVail
C&s Corp
Bradtan
Ola Co
Cochrane Furn CK
Colonia
Internat
Durham Life Ins
Onsog
Farmers New World Datapei
Bank & Trust
Life & Trust Ivey GiantYe
Justin Inds
Goldfield
Kenan Transport
Goodrich
Hartzmm
Lane Co
Yo & Piatt Ieee
Lowe's Co
Impoila
Mack's Stores
McCulo
Piedmont
Mitchie Kinneng
Nolex
Norcéno
Ozarka
Provdnt Labs
Republic Auto Parts
Piantin
PrenHa
ResGr Pressey
Shoneys Inc
Sonoco Products
Ryan
Ve— Textiles Inc
Solitron Thaihimer Bros. Syntex
Triangle
Texstar
Walker
Wix Corp
Ge Wright Machinery Farweight
Asunchied Press
Stock Averages Report Mixed Week. Commodities Mixed
A brief market wrap notes commodity indices and stock averages with mixed changes. The noon update shows slight declines in some sectors while others hold steady as comparisons to previous days and months are listed.
Hearst pleads no contest to robbery and assault
Patricia Hearst faces 15 years to life or probation after pleading no contest to armed robbery and assault with a deadly weapon. She may be sentenced May 9. bail remains at 1.25 million. District Attorney Van de Kamp emphasized no sentencing promises were made.
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Los Angeles
Patricia Hearst
John van de Kamp
Miss Hearst
Sophia Loren Escapes Fire in Paris Apartment Building
The film star Sophia Loren and her two children were rescued after a fire at Residence George V in Paris where she occupied a triplex. Loren said she woke at 4 a.m. and climbed to the roof in a nightgown with the children, later being carried down by firefighters due to smoke.
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Sophia Loren
Paris
Miss Loren
George V
Champs Elysees
Carlo Ponti
Switzerland
Herve Mille
Mille
Rome
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Congress weighs consumer advocacy agency proposal
President Carter backs a federal Agency for Consumer Advocacy to speak for consumers before agencies and to act as a complaint clearinghouse. Esther Peterson says consumer groups are underfunded and underrepresented, while supporters hope a July expiry for a bill is possible with administration backing. Opposition from business groups and fiscal concerns are noted.
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Carter
Esther Peterson
Congress
Abraham A. Ribicoff
D-Conn
House
Ribicoff
House Committee
Jack Brook
D-Tex
White House
U.S. Chamber of Commerce
Senate Strikes Rebate In Bill To Stimulate Economy
The Senate Finance Committee voted to remove the 50 dollar rebates from the tax bill amid debate over the Carter administration plan. Chairman Russell Long said broad agreement existed and the payments would have been dropped earlier without White House support. The panel aims to send a revised bill to the Senate soon while contending with Republican calls for permanent tax cuts and business relief. Long expected no such provisions to become law, noting likely vetoes and House opposition.
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Washington
Senate Finance Committee
Carter
Russell B. Long
D-La
Gov Proposes Tax Credits and Energy Saving Measures
Governor Hunt unveils the Energy Conservation Act proposing master meter ban for new apartments and exemptions by the Utilities Commission. Fuel suppliers would report stocks and deliveries on demand by the governor and Energy Policy Council. He frames the package as a solid first step to curb spiraling fuel costs and show state leadership.
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Utilities Commission
Governor
Energy Policy Council
Hunt's Taxes Released
North Carolina Governor Jim Hunt released his federal and state tax figures for the prior year. He paid 4261 in federal income tax and 1360 in state tax rooted in 33922.28 earnings with 20389.46 taxable. The couple claimed 9032.82 in deductions and awaited a 1064.40 refund after 5315.40 was withheld.
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Raleigh
North Carolina
Jim Hunt
Hunt
Carolyn
Hunts
Women face harassment by male superiors in workplace survey
A survey reports women view men as less sympathetic to other women and detail advances including leering and verbal pressure. Among responses 36 percent noted leering, 37 percent verbal pressure, and 30 percent touching. Eighteen percent faced weekend getaways, six percent promised nonwork rewards.
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Carey
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