Prime lending rate rise trims stock market rally
New York trading shows the Dow up 1.64 to 829.32 at 11 30 a.m. after a rise earlier, with Franklin National Bank raising its prime rate to 11 percent. IBM up 1 percent, Digital Equipment up 2 percent, Texas Instruments up 1 percent, and MGIC up to 29. Oil services, photography, and forest products shares gain. Wichita Industries unchanged at 2, Amex market-value index +0.51 to 89.35. NYSE composite at 47.87, up 0.34.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Franklin National Bank
Alcoa
IBM
Digital Equipment
Texas Instruments
MGIC
Ryder System
American Stock Exchange
Wichita Industries
Syntex
Amex
Wornk
Wnahl
Norton
Cencalne
Whittaker
Cessna
AirLin
PepsiCol
Pfizer
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Java
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Sears
ForMck
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LbLiz
Airco
Tenncal
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AlcanAlvl
Bat
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ASIF
Algeniaa
Va Textroni
Associated Press
Thiokol
Ailischal
ThriftOg
Ui. Fan
Halburd
Timemir
AMBAC
Hercules
Todd Shipyd
Va Prav
Tova
Idaho
Wat Va
AmStand
Wa Uniroyal
HiCent
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MY Va AcchDan
ApecoCar Aed
ISA
Univoup
Ashdoil
Avaeltine
Mate Wee BeecAir
Bell How
Bendix
Kellogg
Boeing
Kresges
Kroger
Asameraq
LearSiey
Brunswk
LenValind Ava
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BucyErie
Lehmal
Mg BarnesEng
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Logis Corp
Gma
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Macy
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Lalay Radio
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Bet Medenca
Lda
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Milgo Elect
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High Point Enterprise newspaper masthead and rates notice
The High Point Enterprise announces publication as an independent newspaper in High Point North Carolina. It lists mail and Sunday subscription rates, carrier delivery info and advertising representation, noting AP news rights and distribution terms.
MENTIONED IN THIS ARTICLE
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
M.C
Associated Press
AP News
N.C
Ward-Griffith Company
National Advertising Representatives
Nationwide TV Address Considered by Nixon
President Nixon weighs a prime time national television speech next week to present his case as impeachment moves loom. White House officials offered no firm plan, with a weekend decision possible on how Nixon will respond to a House Judiciary Committee subpoena for 42 tape recordings.
MENTIONED IN THIS ARTICLE
Washington
Nixon
White House
Congress
House Judiciary Committee
Agents Killed In Shoot-Out Near Nogales Arizona
Two U S customs agents died in a border shoot-out with an alleged drug smuggler on the Arizona Mexico line. The victims were Lewis D Dixon 32 from Wilmington North Carolina and Charles J Bokinskie of Ogden Utah. Dixon left behind a wife Celeste and three children.
MENTIONED IN THIS ARTICLE
Nogales, Ariz
U.S
Arizona
Mexico
Lewis D. Dixon
Wilmington
N.C
Charles J. Bokinskie
Ogden
Utah
Dixon
Celeste
Stans Accused of Seeking 45000 From Wachovia Bank
John F. Watlington Jr chairman of Wachovia confirms Maurice Stans the Nixon reelection fundraiser attempted to solicit an illegal 45000 contribution from Wachovia in October 1972. Stans reportedly said corporate gifts were prohibited by federal law and the NC fundraisers were short of their goal.
MENTIONED IN THIS ARTICLE
Winston-Salem
N.C
John F. Watlington Jr
Wachovia Corp
Maurice Stans
Nixon
Bank Holding Corporation
Winston- Salem Journal
Watlington
Stans
North Carolina
Robert Lasssiter Jr
Charlotte
Calhoun
Secretary of Commerce
Atty
John Mitchell
New York City
Securities and Exchange Commission
Robert Vesco
Mitchell
Judge Halts Zebra Hunt Tactics
In San Francisco, a federal judge ordered police to stop street checks of young black men tied to the Zebra manhunt for 18 white deaths since last November. Police pledged to comply while continuing the hunt within constitutional limits.
MENTIONED IN THIS ARTICLE
San Francisco
U.S. District Court
Alfonso Zirpoli
Zirpoli
Auto production rising as layoffs linger
DETROIT AP reports most U.S. auto plants will operate next week while 108000 workers remain on indefinite layoff amid a sales slump. Yearly auto sales are down 26 percent from 1973, with production 20.5 percent below the prior year. President Nixon in Mississippi urged optimism, citing a bottoming economy and brighter auto prospects. GM Ford Chrysler say declines may have bottomed, but full recovery timing remains uncertain.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Nixon
Jackson
Miss
Turkish smuggling case details emerge in Turks confession
Testimony describes Hubbard claiming sole responsibility for the operation while two American women deny knowledge of the vehicles cargo. They say they boarded in Beirut after collecting four other American tourists and planned to drive to Istanbul for a better bargain. The timeline centers on their recall of the trip back to Europe and Hubbard's admission.
Bush backs Nixon on Watergate truth claim
Republican National Chairman George Bush stated he believes President Nixon is telling the truth about Watergate and would not stand there otherwise. He warned against an image problem for the GOP and discussed using TV to convey party alignment with American voters while noting the party could inherit Nixon campaign funds to cover debts and lawsuits.
MENTIONED IN THIS ARTICLE
Don McLeod
Washington
George Bush
Nixon
Bush
Republican National Committee
Congress
Committee
RNC
National Committee
White House
Gerald R. Ford
Treasury
Energy
William E. Simon
R. L. Herman
Donald A. Petrie
Bipartisan Committee On
Ethanol from waste eyed to cut fuel costs
Senator Proxmire touted a new method from the U S Army Lab in Natick Mass to produce ethanol from organic waste lowering the cost from about 1.00 to 0.20 per gallon potentially reducing gasoline prices by up to 20 cents a gallon and urged federal energy officials to study its use in car fuel.
MENTIONED IN THIS ARTICLE
Washington
William Proxmire
D-Wis
Proxmire
U.S. Army Laboratory
Nattick
Mass
John C. Sawhill
Federal Energy Office
FEO
Humphrey Hospitalized For Checks
Senator Hubert H. Humphrey of Minnesota has entered Bethesda Naval Hospital for evaluation of a tiny bladder tumor after earlier x ray treatments. He returned from Pittsburgh and was to be checked after a January hospitalization to ease discomfort from prior therapy. plans for the April 8 hospitalization had been announced.
MENTIONED IN THIS ARTICLE
Washington
Hubert H. Humphrey
D-Minn
Bethesda Naval Hospital
Humphrey
Pittsburgh
Exxon charge projection sparks analyst estimate
Robert Hinckley of W E Hutton & Co says Exxon may face a roughly $400 million special charge. His figure rests on the company’s $40 million declared inventory profit. He notes Exxon keeps about 30 million barrels stored and 60 million barrels in tankers amid rising prices.
MENTIONED IN THIS ARTICLE
Robert Hinckley
W.E. Hutton & Co
Exxon
General's Ouster Began Premier's Final Decline
In Lisbon six weeks before, Premier Marcelo Caetano courted 200 top generals. his ousting of Gen Antonio de Spinola and later Francisco da Costa Gomes sparked a military revolt. Spinola, Gomes and other officers formed a junta impacting Portugal's war policy in Africa. Spinola leads the new ruling group.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
Marcello Caetano
Caetano
Antonio de Spinola
Africa
Antonio de Oliveira Salazar
Spinola
Portuguese Guinea
Francisco da Costa Gomes
Also Mentioned on This Page
Stock Market Report
Stock Index
Dow-Jones
A.P. Stock
Wachovia
Lassiter
Patrick N. Calhoun
General Motors
Ford
Chrysler
Salazar
Americo Thomaz
Angola
Mozambique
Gomes
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