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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 08, 1976
Page
2
The New York stock market declined slightly as investors booked profits from a broad advance. The Dow fell 3.16 to 957.53 at noon, with the NYSE composite edging up 0.02 to 55.65 and Browning-Ferris rising 8 1 2 percent after doubling its early dividend to 10 cents.
A dense listing shows numerous company names with bid and ask figures, percentages, and related trading figures. The fragment includes many corporate entities such as Kellogg, Kroger, National Distillers, Lear, Loews, Nabisco, Texaco, and Pan American among others with varied percentage figures and codes.
AP report shows a noon update from the New York Stock Exchange with index movements in industrial and transportation sectors. Details are incomplete in the snippet but reflect a market snapshot day.
The A P stock averages table explains that figures are unofficial unless noted and includes terms on dividends, ex-dividend dates, and different distribution types. It outlines classifications for new issues, paid dividends, arrears, and special warrants among others.
A dense excerpt from The Associated Press data shows American stock exchange tickers and price movements. It lists company names, price quotes, and changes amid a broad market snapshot including items like Amic Corp and other listings with varied gains and losses.
President elect Carter meets five more prospective cabinet appointees in Atlanta at the governor's mansion. Harold Brown former Air Force Secretary is reportedly considered for defense secretary. Other candidates include June Cahill Pfeiffer Brock Adams Michael Blumenthal and others not disclosed in advance. Rex Granum confirmed Brown identified. others kept private to avoid media pressure.
The SBI provided a confidential 200 plus page report on the November 14 roadblock death of Virginia trooper Garland Fisher in Granville County. Prosecutors say Conley faces kidnapping and murder charges and a probable cause hearing proceeds. autopsy gag order is under legal challenge.
Two white Marines testified that Ku Klux Klan members planned a get even raid after blacks attacked seven whites at Camp Pendleton. Pretrial hearings consider charges of conspiracy and murder against the blacks, withRace tensions rising as others are moved or discharged.
North Carolina Supreme Court upholds the murder conviction of C Boykin of Kenly after ruling pretrial publicity by rumor should be judged with the same standards as news coverage. The 5-2 decision found trials need not move due to rumors. Boykin was convicted for hiring a maid’s friend to shoot her husband Chick Boykin on August 14 1975. The death sentence was reduced to life imprisonment after NC’s death penalty law was struck down.
The 1976 77 heating season saw Transco reduce flowing gas supplies by 70 percent triggering emergency measures. Commissioners Teal and Purrington dissented, arguing that only cheap gas shortages exist and opposing residential cost shifts onto industrial users.
A council report on Medicaid in 23 Southern cities notes bureaucratic and political resistance to serving the program's small target population. Investigators in Mobile Alabama Raleigh North Carolina Jackson Mississippi and New Orleans found doctors often refused to treat Medicaid patients.
Carter and his transition team in Washington discussed a tax cut as a likely element of any proposed package to spur growth. He said a cut could aid the lower end of the wage scale and boost purchasing power if growth remains weak. Spokesmen cautioned no final decision had been made and he later tempered his remarks.
Gaston County District Attorney dropped state charges against Ira David Meeks 32 of Gastonia after lacking information to hold him. Meeks released from Mecklenburg County Jail after federal judge deemed him incompetent to stand trial for hijacking and kidnapping. Deputy said he may pursue civil commitment if the federal report shows danger.
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