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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Dec 18, 1974

Page

1

Stock Prices Jump as Market Posts Broad Gains

New York stock trading sees a sharp advance led by strong breadth with the Dow Jones Industrial Average up 7.59 at noon to 605.13 as NYSE issues outpace decliners 803 to 389. Volume nears 1,670 issues traded while key names such as Champion Home Builders and Hospital Corp of America post gains and Du Pont and Xerox show modest advances amid a mix of blocks and higher activity.

New York New York Stock Exchange American Stock Exchange Champion Home Builders NYSE Hospital Corp. of America CPC International Masonite Fannie Mae Avon U.S. Steel Ford du Pont Allied Chemical ASA, Ltd Xerox Burroughs McDonalds Bauch & Lamb NEW York Stock Index Indy Industrial Transportation Utility Dow-Jones Grace Rails

Butz Worried By Livestock Farming Drop

Earl Butz secretary of agriculture warns that farmers shifting from livestock to grain profits threaten farming balance. In an interview with the Des Moines Register he urged keeping cattle on farms and not selling to feedlots.

Des Moines, Iowa Earl Butz The Des Moines Register Butz

Economic indicators show housing slowdown and price rollbacks

The article reports a drop in housing activity with fewer new building permits and housing starts at an eight year low. The Federal Energy Administration secured price rollbacks totaling about 77 million from 15 oil companies and wiped 375 million in costs, potentially lowering consumer prices. Pan American pilots accept an 11 percent pay cut starting February 1, offsetting a 9 percent raise due January 1. Sugar prices in New York fall up to 20 percent, but retailers elsewhere may not follow due to higher initial prices.

Federal Energy Administration FEA Pan American World Airlines Pan Am New York

Parkinson Reassured Burglars In Watergate Probe

Washington report shows Kenneth W. Parkinson testifying in the Watergate cover-up trial. He said he relayed assurances that any commitments to burglars would be honored while denying knowledge of cash payments to keep silence about higher ups. He recounted meetings with John W. Dean III and William Bittman and recalled Magruder and Mitchell discussing the break in.

Dean Watergate E. Howard Hunt Parkinson William @. Bittman Bittman Hunt White House Nixon Robert C. Mardian Arizona Barry Goldwater Paul J. Fannin Irv Noren Joe DiMaggio New York Yankees Supreme Courts of California James Farmer The Congress of

Opponents Push Final Effort to Block New River Project

Backers of a bill to halt a 70 mile New River dam project plan a last House vote strategy to suspend rules and force a two thirds tally. The measure would block a 50 year license for Appalachian Power Co. and study wild and scenic river status, amid Virginia North Carolina dispute and environmental lobbying.

Roy G. Taylor Dn.c House Taylor Mittee Carl Albert Virginia North Carolina Federal Power Commission Appalachian Power Co Congress Interior Department Senate

Nursing Home Funding Sparks State Aid Protest

William H. Crittenden president of ANHA and GreenVille nursing home owner argues federal and state controls set payment levels and undermine care. He cites Medicaid bed occupancy and cites a Senate subcommittee report calling care inspection a national farce while disputing the substandard rate and abuse claims.

Greenville 8. C American Nursing Home Association ANHA Wilem H. Crittenden United States Crittenden Senate Washington Nursing Home Health and Safety Inspection

Sextuplets Couple Battle For Surviving Child

In San Jose California a 31 year old father and her husband Alvin Lange watched as Jolene Rene first born of sextuplets shows signs of life at Valley Medical Center. The other five siblings died from hyaline membrane disease and post-natal complications with Jolene weighing just over two pounds and still on a respirator. Doctors say being born first and early lung maturity may aid her recovery though weight gain is expected to be slow. The infant is fed donor milk via a nasogastric tube and monitored as she stabilizes.

San Jose Calif Charlotte Lange Jolene Rene Alvin Valley Medical Center Jason Brian Lange James Harrod Harrod

Kennedy pressures steel firms force price rollback

President Kennedy publicly pressed the steel industry and privately appealed to prevent price boosts. Inland Steel led smaller producers in resisting raises, prompting larger mills like U S Steel to rescind increases. A Ford council cited no authority to order a rollback, while hearings were possible.

Kennedy Inland Steel U.S. Steel Nelsen U.S Ford Council Nessen Ford Motor Co

Also Mentioned on This Page

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