Stock markets slide as rates rise and shares fall
New York stocks declined as higher interest rates fueled selling. Dow Jones down 10.56 to 677.57 at noon, NYSE losers outnumber gainers 600 to 402 among 1,478 issues, and the Nasdaq index slipped while Fannie Mae posted a record yield of 10.384 percent on new mortgage commitments. Major movers included McDonald’s, Eastman Kodak, and Citicorp, with Syntex leading Amex volume.
MENTIONED IN THIS ARTICLE
Robert Holden
NEW York (Ap
New York Stock Exchange
Federal National Mortgage Association
American Stock Exchange
Fannie Mae
Morse Shoe
McDonald's
Eastman Kodak
Citicorp
Amex
Syntex Corp
Varlan
Zathcorp
Kroger
Kesges
Sonrent WillebMene
Curtisw
Ted
de Dariingiah
Tvcorp
LVO Corp
Lykas
Delta Air
Macy
Disney
duPontae
EastAirLin
Smat
MeadCo
Eaton
Marck
Echlin
ElPasoCol
Va Industrial
Direstonel A
We Jave
Heneenesd Wa
Rr Transportation
stChar. Ol
Abel
Iowa
Flintkotl
FstintBock
Ernkin M
NY Steel
Bae 335
Ereep
Natemas
Froent
Wii Va
NCR Cp
NevPn
Leo
Valenda Ve Gaf
Gannett
Northr
Genescoine
Nwst
al Fr Bas
GaPac Bob Ps
Verve Vato
GerberPal
Owencn
Ras Greynl
Oia
Wem Owealll
Ya Gromm
Rais Util Sineks
Gustoj
PacPetrl
Harris
HarteHk
Atvedeieg Praw
PaPwLsl.co
HoftEldtra
Pennzallib
Rails Ing. Uit Fanteva Holiday
Polaroid
Ideal
Asic
Ik Raythen
Bi Reichch
ReynMet Az
American Ridder P
Royccol
New York
American Stock Ryders
Pedds
StroeMlnz
Stewer
Searleg
Cinerams Certronco
SignalCo
Corp i
Frontier Airaa
Sperry R
Ds Zaye
SlaufCh
stronDon
KanebSv
Tampak
Latay Radio
Tektronx
LsMaur
Teledyn
Lex
Texsco
Medenco
Ene Textron
Thri Ehlert
Ie NorCdnOils
Maia
Timhal
Timerae
Dove ToddShipyd Bo
Trans Wal
TATA
Unley
Sig
Vlan Corp
Westals
Uae
Tim Horn
New York Exchange Stock Prices Report Noon Totals
A transcript of the New York Stock Exchange noon prices shows numerous listed equities with daily changes and last prices. Several major names appear among the listings, including IBM and Alcoa, reflecting midday trading activity and price shifts across industries.
MENTIONED IN THIS ARTICLE
York
New York
Abottni
AllegCp
Amcanz
Acyani
Q Amhrh
ApecoCorp
ArchOan
Armcol
ArmsiCk
Ania
Airvenzsa
AtlasCarp
Ve Babckw
BolseCss
Bordenl
Bruriswk
BucyErie
BuddCo
Bulovaw
Sim
Burlind
Rampalso
CarePwl
IZA Wta
CartWall
Bien Castiel
Geianse
Cencolnc
Over-The-Counter Prices From NASD Inter Dealer Quotes
Inter dealer quotations provided via E F Hutton list bid and ask prices as of about 11 a.m. These Nasdaq quotes show prices for American Furniture, Bassett Furniture, NCNB Corp and others, with percent ranges and names noted. Markets change through the day and prices exclude retail markup and commissions.
MENTIONED IN THIS ARTICLE
High Point
E. F. Hutton & Co. Inc
ASK
American Furniture
Atheuser Busch
Atlantic
Pepsie
Bassett Furniture
Ie Bluefield Supply
Cam. Fin. Corp
C.cola Bt. Con
Memorial for Lone Eagle Lindbergh Acknowledges Courage
Memorial services were set for 2 p.m. at Kipahulu church near Hana to honor Charles Lindbergh the Lone Eagle whose solo Atlantic flight defined American courage and aviation greatness. The article recalls his 33 1/3 hour journey described in The Spirit of St Louis.
MENTIONED IN THIS ARTICLE
Atlantic
Kipahulu
Hana
Lindbergh
St. Louis
Ford Planning Ahead For Inflation Meeting
Washington AP Ford continues adviser meetings to plan the inflation summit set for Sept 27-28 in Washington. He will chair the two day event and aims for real anti inflation measures with 600 700 delegates invited. Nine mini summits Sept 5 20 will precede the main conference with experts from several fields.
MENTIONED IN THIS ARTICLE
Washington
Ford
White House
Howard E. Hughes
Iowa
Hughes
Senate
Jerald F. terHorst
Nicolae Ceausescu
William L. Seidman
Grand Rapids, Mich
terHorst
Seidman
Saxbe Urges Amnesty For Vietnam Era Draft Dodgers
Attorney General William B. Saxbe outlines Ford administration plans for conditional amnesty for fugitive draft evaders and deserters. Requirements include contrition accepted by a draft board or court, possible public service of up to two years, and assurances against imprisonment.
MENTIONED IN THIS ARTICLE
Washington
William B. Saxbe
Ford Administration
Saxbe
Ford
Justice and Defense Departments
United States
Draft Board
U.S
State Selective Service
Special Commission
Martin Agronsky
Alaska and Oklahoma primaries seen as heavy voter turnout
In Oklahoma, up to 650000 Democrats and Republicans combined may vote as voters decide parimutuel betting on horse racing and gubernatorial, Senate, and House races. Alaska voters face a capital relocation referendum amid a three way GOP governor race and a competitive Alaska at large House contest.
MENTIONED IN THIS ARTICLE
Associated Press
Alaska
Juneau
Oklahoma
Election Board
Lee Slater
Jim Inhofe
Tulsa
Denzil Garrison
Bartlesville
Henry L. Bellman
Billings
Ed Edmondson
Corporation Commission
Charles Nesbitt
Naknek
Jay Hammond
Walter J. Hickel
Keith Milter
Don Young
Atty
John Havelock
Willie Hensley
Kotzebue
Judge asleep during rape trial prompts mistrial in Cincinnati
Judge Robert Wood of Hamilton County Common Pleas Court woke after the defense moved for mistrial. He granted the motion to avoid any possibility of influencing the jury. The incident occurred during a rape trial in Cincinnati, Ohio.
MENTIONED IN THIS ARTICLE
Cincinnati, Ohio
Robert Wood
Hamilton County Common Pleas Court
Waldheim Says Turks Will Allow U N To Stay
U N Secretary General Kurt Waldheim said after talks with Turkish leaders in Ankara that Turkish authorities have not asked him to withdraw U N troops from Turkish held areas in northern Cyprus. He noted a gap between Greek and Turkish positions on resuming negotiations and described discussions as careful and fruitful. Greek officials later reported Turkish border gunfire at a Greek outpost with no casualties.
MENTIONED IN THIS ARTICLE
Berger
Bob Miller
Resi
Nicholas Lillitos
Associated Press
Athens
Greece
United Nations
Cyprus
U.N
Kurt Waldheim
Ankara
Waldheim
Nicosia
Constantine Caramanlis
George Mavros
Turan Sone
Moscow
U.N. Security Council
Turkey
U.S. State Department
Smith Replaces Hall On Ballot In Senate Race
Smith, president of the New Hanover County bar association, is chosen to replace M Hall as the Democratic nominee for the 4th Senatorial District. Hall withdrew last week due to poor health.
MENTIONED IN THIS ARTICLE
Smith
Hall
Rs (Ap
Boy Scouts Whittle Debt Down
NORFOLK VA AP The Tidewater council of the Boy Scouts of America has whittled 390000 off a 335000 debt. Chief executive Jack Terwilliger says the debt is down to 246000 after staff cuts and living within projected income. It remains uncertain if the Pipsico Reservation will be sold to satisfy the rest. The 910 acre James River camp serves thousands of scouts each summer. Local creditors and a tax debt are satisfied. bank debts still outstanding.
MENTIONED IN THIS ARTICLE
Norfolk
Tidewater
Boy Scouts of America
Jack Terwilliger
Virginia
North Carolina
Pipsico
Surry County
James River
Terwilliger
Nixon Talks With Friend After Resignation Call
Kuykendall recounts Aug 8 evening talk with Richard Nixon at San Clemente before his resignation. Nixon cried, said the nation will be all right, and promised to help if needed. Kuykendall, at his Cherokee ranch, described the conversation as sad and tragic in the Grecian sense.
MENTIONED IN THIS ARTICLE
Kuykendall
Nixon
Cherokee
Tex
Washington
Dan Kuykendall
San Clemente
Calif
Jaworski
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High Point Enterprise
High Point Enterprise, Inc
Church Avenue
N.C
Associated
AP News
Ward-Griffith Company
National Advertising Representatives
Dow-Jones
A.P. Stock
David Hall
Clem McSpadden
Chelsea
David Boren
Seminole
McSpadden
Boren
Boy Scouts Whittle