Market gains as Dow Jones climbs in slow rally
The Dow Jones average rose 4.94 to 860.36 by noon as the market steadied after a five week slide. Gainers led decliners two to one on the NYSE while investors awaited July's leading economic indicators. Texas Utilities led active issues as volume fell.
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NEW York
Wall
NY Stock Exchange Noon Price Snapshot
Selected noon national prices for New York securities show mixed moves across large caps. Notable listings include Aetna, AmAir, Ampex, ArchrD, Avon, BankAm, Boeing, Caterpillar, and CentDat among others with varying percent changes and last prices.
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High Point Enterprise Readers Guide and Rates
Advertisement style notice listing subscription prices and delivery options for The High Point Enterprise. Includes daily and Sunday rates, weekly carrier, monthly mail options, and tax note. Mentions Associated Press affiliation and distribution details.
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Black Reads KKK Ad on Radio in Winston-Salem
Jay Springs an African American employee at WPGD read Klan cross burning ads aloud for eight days before a Belews Creek rally while Ku Klux Klan leader Joe Grady defended the station policy. Grady noted past trouble with WTQR over time purchases and praised Springs for clear delivery.
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Balloonist Reinhard Lands at Logan on Atlantic Crossing Bid
Balloonist Dewey Reinhard, 47, an electronics expert from Colorado Springs, stops at Boston Logan Airport on his way to Trenton Maine to arrange a launch site for a planned balloon crossing to Europe later this year. He is the 20th person to attempt an Atlantic crossing.
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Federal action targets precooked roast beef temps
Federal officials will order meat firms to cook precooked roast beef to 145 degrees Fahrenheit to kill salmonella blamed for illness in four states. The USDA set the minimum at 145 after 130 degree cooking was linked to Salmonella in New York New Jersey Pennsylvania and Connecticut.
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Lances Plan Long Stay in Washington as Georgia Home Sells
Bert Lance and wife LaBelle plan a long Washington stay as they list one of four Georgia homes for sale. The 40 room estate in Atlanta area is seeking about 2 million after a 500000 purchase when Lance led the National Bank of Georgia. The couple rents in Georgetown and name the house Butterfly Mania for its symbol of fragility and happiness.
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Parr Denies Vote Fraud Tapes Link Box 13 Scandal
In a February 1975 San Diego interview recorded shortly before his death, George B. Parr known as the Duke of Duval denies involvement in the Box 13 vote fraud that helped Lyndon B. Johnson reach the U S Senate. He accuses election judge Luis Salas of adding 200 fraudulent names to poll lists while Salas admits certifying 202 fraudulent Johnson votes in 1948 but says Parr ordered it. The tape, released to The Associated Press via Meta-Philm Associates, is believed to be Parr’s only remark on the case.
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Ford's Obituary Interview With The Times Revealed
Newsweek reports former President Gerald Ford granted an obituary interview to the New York Times to be published after his death. Ford reportedly approved the interview despite opposition from former aide Donald Rumsfeld who called the idea morbid. The contents will stay secret until his death, allowing candid remarks on Watergate and Nixon's pardon.
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Tobacco sales set a new price record in Georgia Florida markets
Valdosta Ga AP reported Grade prices for flue cured tobacco in Georgia and Florida last week averaged 133 26 per hundredweight up 4 22 from the prior week as 15 388 255 pounds sold in the seventh week of trading Prices rose for about 70 percent of the grades with most up 1 to 2 per hundredweight and some lower grades posting larger gains.
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Valdosta
Governor Hunt Joins Taco Night at San Antonio Event
North Carolina Governor James B. Hunt participates in A Night in Old San Antonio during the 43rd Southern Governors Conference in San Antonio Texas. He dons a straw hat and enjoys a taco alongside other visiting governors.
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Lance Meets Carter Over Civil Service Pay Rise
Bert Lance and two advisers discussed a 7 percent raise for federal civil service salaries with President Carter at the White House. The decision deadline is Wednesday. Alan Campbell signaled Carter’s openness to the recommendation, while Strauss defended Lance amid ongoing investigations.
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Carter Optimistic on Panama Canal Treaty Passage
President Carter targets Senate ratification with a fireside chat and a broadened task force led by Hamilton Jordan. The administration argues Reagan's push for alternatives elevates debate while urging rejection of the status quo and warning of severe consequences if the old treaty fails.
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