Market gains as rate outlook brightens in New York trading
Hopes for easing upward pressure on interest rates lifted stocks across the day. The noon Dow rose 3.52 to 832.99 as gainers led losers on the NYSE, with Niagara Mohawk Power and Pan Ocean Oil among notable movers on volume and energy news.
MENTIONED IN THIS ARTICLE
Chet
NEW York
New York Stock Exchange
Treasury
Federal Reserve
Niagara Mohawk Power
American Stock Exchange
Lomas & Nettleton Financial
MGIC
NYSE
Pan’Ocean Oil
North Sea
Amex
American Exchange Dividend Footnotes and Notation
The text details that sales figures are unofficial and describes how dividend rates are annual disbursements based on recent declarations. Footnotes list codes for special dividends, stock dividends, liquidations, declarations within the past year, and other conditions such as ex-dividend, warrants, and bankruptcy status.
Over-The-Counter Bid Asked Prices Cited by AP
Quotations from the National Association of Securities Dealers reflect interdealer prices as of about 3 p.m. yesterday. Prices exclude retail markups, markdowns, or commissions.
MENTIONED IN THIS ARTICLE
Associated Press
National Association of Securities Dealers
High Point Enterprise subscription rates and notices
The High Point Enterprise lists subscription prices for daily and Sunday editions, along with payment terms and internal notices. It notes carrier delivery details and advertising representation, including price structures and regional contact points.
Rockefeller Admits Knowledge Of Nursing Home Issues
Vice President Nelson A Rockefeller testified he knew as early as 1965 that some New York nursing homes were in poor condition. He rejected labeling the situation patient abuse and cited state budget limits on audits and inspections as a barrier to stopping Medicaid abuses. He also said he never met Bernard Bergman, a nursing home operator now indicted.
MENTIONED IN THIS ARTICLE
NEW York
Nelson A. Rockefeller
New
York
Morris Abram
Moreland Commission
Rockefeller
Bernard ‘Bergman
T. Norman Hurd
Bergman
Washington
Attica
Reagan Declines Third Party Bid
Former California Governor Ronald Reagan rejected a third-party run for the presidency and said he will decide in coming months if he will challenge President Ford for the Republican nomination. In a NBC Today interview he stated he does not have faith in the third-party movement and that it often helps the opposition. Reagan added he will decide before year’s start or sooner whether to run, and said a challenge would not harm GOP unity.
MENTIONED IN THIS ARTICLE
San Francisco
California
Ronald Reagan
Ford
Reagan
Rate Plan Sparks Court Challenge Over Authority
Hearings set for September 8 in Wake Superior Court before Judge Donald Smith as the rate office and 17 insurers seek a preliminary injunction to block a new insurance rate schedule. Arch Allen says Ingram exceeded authority by using his own plan, while Wye notes changes require rate office approval. Insurers claim 30 days’ notice for new rates was not given, though they have 30 days to appeal.
MENTIONED IN THIS ARTICLE
Ingram
Wake Superior Court
Donald Smith
State Court of Appeals
Bailey
Arch Allen
Wye
New Record In Energy Use By Carolina Power
Carolina Power and Light Co reports a new daily energy use record and a peak demand of 5,060,000 kilowatts between 5 p.m. and 6 p.m. on Monday as customers set a new electric load high.
MENTIONED IN THIS ARTICLE
Raleight
Carolina Power & Light Co
Robbery Probe Ends with Arrests and Firefight in Kansas City
Detectives pursue a gang involved in a 1962 theft at the Central Bank of Kansas City. Police fired tear gas and exchanged gunfire as they surrounded a residence where two suspects and a woman fled. FBI later recovered about $50,000 of $60,000. two other suspects remained at large. Sylvester Young Jr. likely faces U.S. magistrate charges.
MENTIONED IN THIS ARTICLE
FBI
Central Bank of Kansas City
William Hudson
Sylvester Young Jr
U. S
Tarzan franchise revival tied to Burroughs family
Tarzan is being reissued as Pierce, the creator’s daughter, gains renewed attention. An estimated 40 Tarzan films and 51 TV shows exist worldwide daily. Robert Towne is drafting a new Tarzan epic, with Burroughs family president Robert M. Hodes saying the revival is self-sustaining. The film envisions Tarzan as Lord Greystoke in the House of Lords, contrasting with the original Me Tarzan You Jane portrayal.
MENTIONED IN THIS ARTICLE
Tarzan
Lord Greystoke
House of Lords
Burroughs
Jane
High School Smokers Must Get Counseling
Cherry Hill New Jersey APR report says high school students with parental permission may smoke in school this year if they attend counseling on smoking hazards. They must carry parental permission cards at all times and show them on request. Smokers must attend at least three counseling sessions.
MENTIONED IN THIS ARTICLE
Cherry Hill
N.J
William A. Shine
Mrs Graham To Stand Trial For Assault
Charlotte AP report says Mrs Billy Graham will stand trial for simple assault after taking a protest sign from David L Pollack during a May 20 Freedom Park bicentennial celebration in Charlotte. Judge Bill Robinson to preside. max penalty 30 days or $50 fine.
MENTIONED IN THIS ARTICLE
Charlotte
Billy Graham
Ford
Graham
David L. Pollack
Freedom Park
Mecklenburg County
Bill Robinson
Widow Wins $10,000 for First White Marigold
Alice Vonk of Sully Iowa received a $10,000 Burpee check for producing the first white marigold with a 2 1/2 inch face. Burpee seed firm had spent years and $240,000 on research after 6,200 gardeners sent seeds and tested results.
MENTIONED IN THIS ARTICLE
Doylestown
Alice Vonk
Sully
Iowa
W Atlee Burpee Co
David Burpee
Burpee Company
Burpee
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EarthRest
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Detective Young
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Sylvester Jr
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Alice Wolk
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