Market slide hits new low amid Cyprus tensions and inflation
The New York stock market slid toward a new low for the era as Cyprus crisis anxiety and inflation fears pressured shares. The noon Dow dropped 12.87 to 743.74 with more decliners than gainers on the NYSE. Gold stocks rose with ASA surpassing 100 and Homestake and Dome Mines hitting gains, while Procter & Gamble IBM Johnson & Johnson and DuPont fell on broad weakness. The NYSE composite eased 0.73 to 40.46.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
ASA, Ltd
Homestake
Dome
Procter & Gamble
IBM
Johnson & Johnson
DuPont
Se’s
New York Stock Exchange Prices and Enterprise Listing
The High Point Enterprise lists a dense stock quote page with numerous tickers, prices, and dividends. It includes NYSE price data, company names from Alcoa to ReckCh and others, plus subscription and publication details. The page shows market figures, ex-dividend notes, and older financial text from the era.
Cyprus Crisis Deepens as Turkish Forces Advance
NATO nations urged Greece to stay in the alliance as Turkey pressed into Nicosia with tanks and artillery. The U N Security Council called for a new Cyprus cease-fire while air space and communications were blocked. The Nicosia Hilton, used by Reuters and other outlets, was struck and a Danish CBS cameraman was wounded.
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NATO
Brussels
Greece
Washington
Ford
Cyprus
Henry A. Kissinger
Kissinger
Turkey
Geneva
U.N. Security Council
Nicosia
Ther
Nicosia Hilton
Carl Sorensen
CBS Television
Rights Leader Indicted In Fayette Mississippi
Charles Evers, Fayette mayor and prominent civil rights figure, and his former wife Nannie Laura were indicted by a federal grand jury for failing to pay more than 56000 in taxes. The three year totals show 1968 1969 and 1970 with income reported at 179556 while taxes due were 56237. Evers claims innocence and says accusers reside outside Mississippi.
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Fayette, Miss
Charles Evers
Evers
Nannie Laura
Mississippi
Internal Revenue Service
Ono
Fayette
Medgar
Jackson
Leaf Prices Stay Record High Across Carolinas and Virginia
Tobacco growers in the Carolinas and Virginia continue to receive record high prices for flue cured leaf, with daily records set as improved quality drives gains, according to the Federal State Market News Service.
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Raleigh, N.C
Carolinas
Virginia
Cyprus War Echoes From Nicosia Frontline Factory
In war scarred Nicosia a Greek officer and a dozen soldiers shelter under a concrete factory near the airport as Turkish mortars boom and jets roar. He says Finnish UN troops were hit and two-pronged Turkish attacks press the perimeter while embassies loom nearby.
MENTIONED IN THIS ARTICLE
Nicosia, Cyprus
Nicosia
America
United Nations
U.N
State Attorneys Invited To Give 100 To Carson
North Carolina Justice Department lawyers received invitations to donate 100 dollars to James Carson's campaign. Carson, Republican nominee for attorney general, will be sworn in on August 26. An aide said misdirected invitations were mailed first to Republican contributors then to department attorneys.
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Raleigh
North Carolina
Justice Department
James Carson
Carson
Robert Morgan
Morgan
Nick Weaver
Dick Jensen
Jensen
Bank Robbery Strikes Winston Branch in Wake of 37th Heist
An armed man wearing coveralls and a mask robbed the First Union National Bank in Winston Salem and fled by car with a woman. Police recovered coveralls and boots in a nearby wooded area. Officials withheld the stolen amount. this marked the state’s 37th bank robbery of the year.
MENTIONED IN THIS ARTICLE
Winston-Salem
First Union National Bank
Ford signals possible new inflation policies after Nixon era
White House press secretary TerHorst said Ford may offer new ideas beyond Nixon policies as he leads a reshaped economic team. He noted Ford expects Congress to cooperate if programs make sense, and hinted Ford’s earlier no presidential bid could be a maybe. No decision has been made on the 1976 race.
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Richard M. Nixon
Los Angeles
terHorst
Ford
Nixon
Congress
Capitol Hill
First Family Delays Packing For Move
Betty Ford delays packing for the White House move due to state dinner preparations for King Hussein of Jordan. The Fords still hope to move Monday to 1600 Pennsylvania Ave. Ford plans to attend the Veterans of Foreign Wars convention in Chicago. Mrs. Ford supports a woman as vice president and opposes church bans on women priests. The Fords remain in their Alexandria home and continue active charity work.
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Alexandria
Betty Ford
White House
Hussein
Crown View Drive
Pennsylvania Ave
Ford
Potomac River
House of the People
President Ford
Fords
Home loan rates rise as FHA-VA buyers face higher costs
In March 1973 mortgage trends show rising rates likely to reach about 10 percent over the next four months. Fannie Mae reports an auction yielding just over 10 percent for FHA-VA loans, with conventional loans similar. A 10 percent rate implies a buyer surcharge of about 0.7 to 1.0 points and higher monthly payments, increasing from roughly 238 to 248 dollars for a 30 year 30,000 loan.
MENTIONED IN THIS ARTICLE
Federal National Mortgage Association
FNMA
Fannie Mae
Federal Housing Administration
Veteran’s Administration
Tow services cut charges at concert lot in Concord
AP report from Concord notes eight tow ing services towed 385 illegally parked cars after a rock concert. Some operators lowered the $25 fee for youths without cash, with one releasing cars for nothing and another taking a sawed-off shotgun, a watch and a guitar in lieu of cash.
MENTIONED IN THIS ARTICLE
Concord
N.C
Ford Avoids From Page 1A Ahead of Formal Charges
Saxbe states Ford did not discuss possible pardons and JerHorst says Nixon pardon is not on the top of the President's priorities. Jaworski holds prosecutorial discretion to decide charges. Nixon may be summoned as a witness in Watergate trials and faces civil suits.
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Saxbe
Ford
Nixon
White House
Jerald F. JerHorst
Jaworski
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