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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 19, 1974
Page
1
New York stock market extended losses as the noon Dow fell 9.07 to 722.47 amid inflation fears and bearish sentiment. Volume leaders Automatic Data Processing and Xerox declined, while the NYSE composite eased to 39.20 reflecting broad weakness across the market.
The New York Stock Exchange noon prices list extensive figures across many issues. Prices, highs, lows, and last sales are shown for corporations including Alcan, Ampex, Avon, Coca Cola, and Kellogg with multiple bid and offer values.
Noon trading shows mixed results across sectors with declines in several major industrial and utility stocks. Notable entries include Quoted values for Squibb, Telexco, Texaco, and Textron with varied percent changes, reflecting a tense market mood in intra-day moves.
American Stock Exchange selectes in noan prices with numerous company quotes. The list includes AegisCorp Bras en Ath Cinerama Newpark R s F edResrces FrontierAir Giant InstrumentSys Kaisrin KanebSv e Lor, Le owt News, NProc, NarCdnOlls, Snytex, Texas inico, US Dilir2a and Valspar among others with bid ask and last prices indicated. Copyrighted by The Associated Press 1974.
A Spartanburg man died when his car collided head on with another vehicle on U S 25 seven miles from Millen Georgia. James Reid Adams 21 was killed in the weekend crash spree accounting for nine highway deaths reported in Georgia. The High Point Enterprise.
The civilian advisory committee’s report faults a slow defense system in correcting testing-identified M16 deficiencies rather than testing itself. It notes delays from primer compounds and ongoing ammunition issues, yet says recent Army test changes should reduce repeat problems in development and production.
The daily stock averages section lists prices, highs and lows for multiple issues including Ralls, Mendoza, and others. It notes changes, percent shifts, and closes for the day, with comparisons to prior periods such as week and year ago.
Report says Ford advisers favor Nelson Rockefeller for the vice presidency, citing his experience and balance. The Rockefeller option remains active despite a Watergate probe that dismissed derogatory material, while Ford supporters push for a veteran pick over younger contenders.
A mob breached the U S embassy gates near the ambassador’s penthouse residence amid gunfire. U S Marine guards used tear gas, U N troops arrived after a car exploded, and consul David Bowe described the chaos as the attack killed the ambassador.
Romanian President Ceaușescu calls for reordering global research spending as 3,200 delegates from 130 nations gather for the World Population Conference in Bucharest. The largest meeting behind the Iron Curtain includes 1,500 observers and 1,000 journalists, exploring population, development, resources, and the environment with birth control as a key, amid U.S. India and Nordic support and opposition from Romania and Brazil. The U.S. delegation features Caspar Weinberger and Russell Peterson among others.
President Ford press conference at O'Hare welcomes by a few hundred. He urged cuts in veterans and defense spending, arguing if troops can be sent abroad they can be retrained at home. Roudebush named VA administrator, praised as a doer, to replace Donald Johnson.
House Speaker Carl Albert said he would look into a Fort Worth Star-Telegram report alleging racial discrimination in hiring by 19 representatives and one senator. The paper claimed white only or no minorities requests, with denials from those named.
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