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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 02, 1976
Page
2
The Dow rose 1.83 to 951.21 at noon as analysts await details of President elect Carter’s economic plan. NYSE volume neared 11.45 million shares while 16 advisers reportedly shape a potential tax cut.
Quotations from the National Association of Securities Dealers show representative interdealer prices as of about 1 p.m. daily. The list names numerous companies and entities across the financial sector including Coca Cola, Macy’s, Kroger, Lehman and others with bid and asked figures noted, reflecting market activity and pricing among dealers.
A long OCR listing shows numerous stock tickers, company names, and dividend notes. It includes percentages and figures for Safeway Texaco Texaco, Xerox, Uniroyal, Upjohn, WarnerL, WestgE, and many others with footnotes explaining dividend types and classifications. The piece is an AP transcription of a market table with commentary about unofficial sales figures and dividend declarations.
Noon national prices for American stocks listed by AP show varied values across many listed companies. Notable names include Amengenss, Alleghy, Asamera, Austral Oil, Bank, BradtdN, CanK Corp, Hartz M, HuskyO, Interway, Kaisringd, Kinarkorp, Lat Rad, Palicorp, WestersPit, and Vernitron with price figures and percent changes as reported.
Selected noon national prices for NYSE issues show varied performance across many names with several stocks at modest gains and others retreating. Major firms such as Amex and AMBAC display mixed percentages, reflecting a broad, unsettled session.
A scrambled excerpt shows stock figures with Dow Jones averages and various figures such as 951.2141 and 727.24. It includes references to utilities and industrials and scattered percentages, suggesting a Market update amid unclear lines and partial company labels.
President Ford may ask Congress to outlaw sex discrimination in all federally funded programs. Jeanne Holm says a final draft will be sent soon, aiming for a State of the Union push before Jan 20. Pottinger notes enforcement rules will require 28 agencies to vet grant applicants.
In early Christmas mail four letter bombs addressed to President-elect Jim Carter and federal agencies exploded or ignited in mid Manhattan locations. Police said a letter carrier, Robert Panzone, 31, suffered a minor hand burn. Two groups claimed responsibility.
Winston-Salem police probe alleges a group of officers shot several dogs and cats without provocation. Police Chief Thomas A. Surratt says preliminary inquiries show a shooting episode occurred last month and investigators seek to determine if officers coordinated the act.
In Greenville North Carolina AP report, probation violation against Joanne Little was dismissed. Little, previously acquitted of murdering jailer Clarence Alligood, remains in a Raleigh prison for breaking and entering and larceny from 1974.
Seidman said the wage and price council canceled a news conference for director William Lilley III to gather more information after Lilley warned demand for steel was too slack for a price increase. Nessen said no pressure from the White House to soften criticism. Mondale and Carter attacked the move as inflationary and harmful during the transition between presidents.
Execution efforts move forward as Ronald Stanger and others weigh delays. Gilmore may be first U S inmate executed since 1967 if scheduled, while Robert Excell White faces Dec 10 in Texas electric chair after a Supreme Court appeal. Weather notes show 7 37 a m sunrise in Salt Lake City. Gilmore seeks beer last meal though hunger strike persists. Nicole Barrett 20 cited as girlfriend contact blocked.
The report assumes GDP growth starting at 5.5 percent and easing to 4.5 percent by 1982. Unemployment would fall from 7.8 percent to 4.1 percent under current conditions. A growing economy could raise personal income and tax collections enough to offset higher spending.
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