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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Aug 27, 1975

Page

1

Market slips as inflation worries weigh on stocks

The Dow Jones average edged down 0.07 to 803.04 amid ongoing rate and inflation concerns. Losers led gainers in slow NYSE trading while Bandag dropped 2 percent on a 240,400 share block. The Nasdaq and other indices showed small moves as investors awaited further economic signals.

Chet Carrier NEW York (Ap New York Stock Exchange Bandag American Stock Exchange NYSE Commerce Rogers Morton IBM

NYSE Market Steady Amid Mixed Sector Readings

The New York Stock Exchange index shows no overall gain at noon with the market holding steady around 44.77 and 40.01 in related measures. Industrial and transportation sectors show minor shifts while finance drifts slightly lower and utilities edge higher in light trading.

New York

Firm Plans Purchase of Raleigh Insurance Firm

A Missouri company aims to buy American Defender Life Insurance Co with Raleigh headquarters for up to 8 million dollars. Raleigh bankers Robert P. Holding Jr. Lewis R. Holding and Frank B. Holding, who own a majority of the 100000 outstanding shares, said they have agreed to sell all their stock on Tuesday.

Raleigh Missouri American Defender Life Insurance Co Robert P. Holding Jr Lewis R. Holding Frank B. Holding American Defender

Grain Labor Boycott Settlement Near Involve Russian Shipments

Washington sources say a breakthrough on the Russian grain boycott may come soon with a settlement that could see more American ships loaded with grain and boost U.S. seamen jobs. AFL CIO chief Meany and Ford officials push talks forward as Judge Cox to rule on an injunction against the International Longshoremen's Association over loading Soviet grain at Gulf ports. Labor leaders pressed for action to shield U.S. consumers from price rises tied to Russian sales.

Washington White House Afl-Cio George Meany Ford Administration U.S Organized Labor Ford Meany Ron Nessen Owen Cox Corpus Christi Tex International Longshoremen’s Assn Gulf Ports

Rhodesia peace talks falter after chiefs option touted

Archbishop Muzorewa warned in Livingstone that Prime Minister Jan Smith cannot win peace by negotiating with chiefs and a few sellouts. He said any deal with the chiefs would be erased by the ANC’s strength and urged Smith to return to talks with the ANC. The breakdown came as Smith and ANC leaders met near the border over a new constitution to end Rhodesia’s guerrilla war. exiled leaders were vetoed for immunity from arrest.

Salisbury, Rhodesia Jan Smith Rhodesia Abel Muzorewa African National Council ANC Livingstone Zambia Smith Muzorewa Ndabaningi Sithole Los Angeles New York

Challenges At Nonaligned World Conference In Lima

In Lima Peru angry challenges to industrialized nations dominate public sessions while delegates and aides work on core Third World economic problems. Groups rush to finish proposals for UN sessions in New York and later in the month. A development fund funded by equal initial pledges and later voluntary contributions is favored by many. Discussions also cover stabilizing raw material prices with reserve stocks and a producer council modeled after OPEC. An international information pool is proposed to aid nonaligned members.

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Peanut Stock Down Slightly at Season End

Washington AP reports commercial stocks of peanuts at season end July 31 were two percent below the previous year per the Crop Reporting Board.

Washington Crop Reporting Board

Wallace to enter North Carolina presidential primary

Raleigh AP Wallace political director Mickey Griffin says Governor George C. Wallace will absolutely enter the North Carolina presidential preference primary next year. A Wallace supporters meeting in Charlotte and Jack Hatchet of Montgomery are coordinating small group sessions to build a skeleton crew for NC. Wallace led NC in 1972 with 107,000 votes over Terry Sanford, who seeks the Democratic nomination and a potential rematch.

Raleigh Mickey Griffin Alabama George C. Wallace Wallace North Carolina Griffin Charlotte Jack Hatchet Montgomery Ala Hatchet Terry Sanford Sanford

Finch Captures Mississippi Governor Runoff in Landslide

Jackson AP Finch built a working man image and crushed Lt. Gov. William Winter by more than 100,000 votes in Mississippi's Democratic runoff. With 2,108 of 2,133 precincts reporting, Finch led 428,182 to 314,580, promising a campaign for the governor's office in the November election.

Jackson, Miss Cliff Finch Mississippi Finch William Winter Winter Batesville Gil Carmicael Meridian Henry J. Kirksey Jackson

Nodule Removed Slayton Cleared Of Cancer

Houston AP doctors say a small nodule removed from Donald K. Slayton’s left lung is not cancerous. Surgeon Charles Berry reports no evidence of malignancy and expects full recovery and clearance for return to flight status within weeks. Slayton, part of the Apollo Soyuz crew, was treated after exposure to nitrogen tetroxide during the mission.

Houston Donald K. Slayton Charles Berry Berry Slayton

Baby Born To Heal Heart Defect In New Jersey

Two doctors treat an infant named Christopher for a critical heart condition with future surgery planned to reposition the heart and shield it from damage. The family faces medical bills and has applied for New Jersey Crippled Children's Fund aid.

Christopher Wall New Jersey Crippled Children’s Fund

New York Faces 1976 Democratic Convention Bid Fight

Washington reports New York City leads the bid to host the 1976 Democratic convention with promises of security and organization despite economic strain. Los Angeles counters with a claim of balanced finances and lower costs, urging the selection committee to vote soon.

Washington New York City Abraham Beame Los Angeles New York Tom Bradley Beame Bradley

Also Mentioned on This Page

Business and Financial News Stock Market Report High Point Enterpris Mornini High Pony Enterprise Church Avenue High Point Carliste Ane Ay Nes Post Romer Igh el Point Beale Pale Goahrs Indagendent Nigh Eins Enverorive Nod Pubieriaten Mart I’ Ay Nes Wearienet Advertising Dow-Jones A.P. Stock Raleigh-Based Insurance Co Gov. Wallace Thomas P. Stafford Vance D. Brand Soviet Union Beams Wnion
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