Mixed Wall Street Narrow Gains After Sharp Rally
The Dow fell to 969.66 at noon as the market paused after a weekslong advance. Banks trimmed loan rates and Amer telephone and telegraph led gains amid a broad but uneven trading session.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 10, 1976
Page
2
The Dow fell to 969.66 at noon as the market paused after a weekslong advance. Banks trimmed loan rates and Amer telephone and telegraph led gains amid a broad but uneven trading session.
The market shows mixed trading with several stocks advancing and retreating. Notable activity includes Amicorp, DynAmer, and Terrac posting small gains while Syntex and WestersPti slip modestly. overall turnover remains subdued as investors weigh midyear earnings outlook.
A fragmented New York Stock Exchange scan shows various company tickers, price changes, and percentages. Entries include Amex, Avnetine, AtlasCow, AvonPa, and others with inconsistent formatting and partial figures.
The High Point Enterprise lists mail rates by subscription and notice for home delivery in North Carolina. It includes pricing for Sunday only, monthly, and yearly plans, plus general terms about payment and distribution.
Ku Klux Klan imperial wizard David Duke says Camp Pendleton’s commanding general refused to meet him, claiming discrimination against whites. The case revolves around black Marines charged after a raid on a barracks during a KKK related incident and ongoing proceedings, with a multiracial rally planned in Oceanside in support of the black Marines.
Nobel Prize ceremonies occur tonight in Stockholm as the United States collects all prizes. Report notes demand for additional research funding in the U.S. to support laureates and ongoing projects amid national sciences funding concerns.
In White Plains New York Mel Patrick Lynch and Dominic Byrne were found innocent of kidnapping the whisky heir allegation and illegal possession of a .38 caliber pistol. The nine week trial left doubt about a real kidnapping and the defense claimed it was a hoax. Byrne was seen in court as the verdict was announced and a sentence guideline was set for January 6.
Merchants across Asheville Chapel Hill Charlotte Lexington Raleigh Wilmington and Winston-Salem report Christmas buying starting early with sales up 8 to 18 percent from last year. Executives note strong Friday after Thanksgiving activity and expect a substantial season though not all foresee a record. Virginia Barber and Wesley Williams cite robust November results and earlier shopper interest.
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