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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 15, 1977
Page
2
The Dow ends at 869.37, down 1.73 as investors weigh rising short term rates. Bethlehem Steel leads in losses with a percentage drop while the NYSE composite slips and volume stays light amid growth slowdown fears.
The AP notes the New York Stock Exchange noon index with mixed moves across sectors. Industrial and transport shares show small declines while utilities and finance edge higher, with numerous company figures listed in the late 1970s cross-section.
Selected noon prices from the New York Stock Exchange show values for numerous stocks and bonds with percent changes. The list includes Alloy Steel, Alcoa, Armco, and several industrial and utilities issues, reflecting mixed movements and overall market activity.
The High Point Enterprise lists home delivery and subscription rates including daily and Sunday options, carrier and mail terms, and notices about independent contractor status. The notice notes 4 percent sales tax for North Carolina subscriptions and identifies Associated Press rights and distribution details.
The official emphasizes slow, thorough work over haste in a House inquiry. He warns of unknown problems and potential roadblocks while noting public hearings are likely, with some testimony possible in closed sessions to prevent harm from innuendo. Associates hope for completion by early next year.
In Belfast, AP reports the IRA Provisional wing plans more assaults after failing to disrupt Queen Elizabeth's visit. Operation Monarch kept guerrillas in Catholic strongholds but cannot sustain 24 hour pressure, while sympathy among Catholics has waned though a hard core remains.
R J Reynolds Tobacco Co raised prices on all domestic cigarette brands and Winchester Little cigars by 85 cents per 1000, effective Friday. Regular and king size brands rise to 14.35 per 1000, 100 millimeter and 120 millimeter brands to 14.85 per 1000, due to higher raw materials and labor costs. The firm, maker of Winston Camel Salem Vantage Coral More Now and Real, could not specify retail price effects.
Former Playboy Bunny Barbi Benton uses a skateboard to move around the studio lot while co starring in the ABC TV series Sugar. She plays Max X, one of three aspiring singers in a rock group.
Seven young women entered the show ring at the Illinois State fairgrounds for a tongue in cheek husband calling contest. Debbie Parr, 24, of Mason City won $75 for the top prize by stripping to reveal a T shirt and red shorts while shouting for a pretend husband. Cathy Babbs, 23, of Lerna took second place, joining a married contestant with lines like Come and get your pork chops and Roger, telephone as no answer came.
On a crowded Los Angeles freeway a Cessna 150 landed without incident after throttle linkage snapped. Officer Jerry Henness said traffic slowed to allow the emergency landing. The pilot was identified as Raymond A. Etchepare, 32, of West Los Angeles.
The Marble Cone fire on California's central coast grows to about 123000 acres in Los Padres National Forest and is eight miles from Carmel Valley homes. About 10000 firefighters battle widespread blazes. evacuation plans exist though risk to residences remains low. In Colorado, the Deep Creek fire near White River NF scorches 3850 acres with 400 firefighters, two thirds of a perimeter line in place.
First Lady Rosalynn Carter underwent a routine dilation and curettage at Bethesda Naval Hospital. She was discharged to the presidential suite and is expected to be picked up later for a return to Camp David. No schedule changes. she plans a Canada visit later this month.
Lobbyists on both sides push undecided House members during the recess for a vote this fall on a bill to create a federal consumer protection agency. The Nickel Campaign has delivered 40,000 nickels and letters to sway fence sitters, while the Chamber of Commerce presses opposition citing higher costs and bureaucracy.
Critics accuse Dairymen Cooperative the South of monopolistic tactics as it expands to 7,000 members and 12 states under Flav-O-Rich Inc. The largest dairy co op is alleged to undercut rivals and absorb smaller dairies while enjoying tax exemptions. Dairymen denies the charges, saying it helps sustain other firms.
Anna Marie Kappler Wenger says husband Johann Kappler is in the country and not located. Italian court had refused his release last December. ANSA reported a possible kidnapping claim by a West German group. Celio hospital says Kappler was treated for terminal stomach cancer. Police offered no details on his disappearance.
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