Stock Market Slips as Inflation Data and Tax Talks Loom
The Dow fell and the NYSE composite slipped as inflation data showed 8.4 percent annual growth for November and First National City Bank raised its prime rate to 7 percent. Traders watched Congress for a Ford tax-cut compromise while volume remained light on the Big Board and Amex.
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Chet
NEW York
New York Stock Exchange
First National City Bank
Alean Aluminum
NYSE
American Stock Exchange
Thucso
Congress
Ford
High Point Enterprise Classified Notice Fragment
Fragmentary OCR text references Associated Press material and distribution details for High Point Enterprise. Contains billing, subscriptions, reproduction rights, and carrier information with scattered dates and numbers, but lacks cohesive event or person details.
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Associated Press
Govanes
Fecal Carr
Wistacration Company
National Advertising Representatives
Rebels strike at Buenos Aires as Peron in office
Five rebel air force planes bombed the air force headquarters and Government House after Isabel Peron arrived at her office in Buenos Aires. The army chief rejected demands to seize power and said the army would not join the rebellion. Rebels also dropped leaflets over the city from single propeller planes.
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Buenos Aires
Argentina
Air Force
Isabel Peron
Geo
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Ina
Videla
Peron
Government House
Angola Aid Ban Backers Confident
Washington AP reports senators opposing covert U S military aid to anti Soviet factions in Angola near victory on cutting funds used to arm fighting groups. Tunney amendment supporters claim momentum after key Senate tests and vow to press for an immediate cutoff despite negotiations with Kissinger and unlikely immediate compromise.
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Washington
Angola
U.S
Jon
John V. Tunney
Senate
Robert P. Griffin
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Vietnam
Griffins
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Carter Sanford Battle Shapes North Carolina Race
Carter and Sanford clash over strategy in North Carolina with Carter lacking a state organization while Sanford presses statewide grassroots work. Analysts note moderates face split votes, and Wallace could gain delegates if the field divides, shaping a Democratic National Convention outcome.
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Carter
Sanford
Smth
North Carols
Wallace
Inflation slows as November orders fall amid price climb
Commerce Department reports new orders down 1.2 percent in November with shipments down 2.7 percent on a seasonally adjusted basis. Labor Department notes CPI rise due to higher taxes and costs for gas, clothing, cars, dairy, and fresh vegetables, while meats, sugar, used cars, and health insurance declined. Purchasing power of a typical worker rose 0.7 percent last month, aided by longer hours and higher wages, offsetting inflation. Real spendable earnings up 3.9 percent for the year, helped by lower federal taxes.
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New York
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India
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Soecocorp
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AchDanm
Bankers Trust of $C
la Svs Agarce
Iaia
Basset Furniture
Asnoul Sd Bmdroi
Jae Ae Wa
Canton Mills
Ces
Ins
Becher
Cita Steel Corp
Fate Corp
Comrat Moe
Beatian
Parler Bancines
Beinsiaa Bengio
Boeing
Enenenge Sal
Bolvetay
Eocarane
Ie Borden
Gorwarl
Gonner Homes
Rayncorp
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Pausi Cape Butovan
Cargwos Corp
Cachda
Farmers New World
Forsyth Bach & Truyt
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Tadence Ing Ak
Franklin
Benita Doe
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Fiarretion Rubber Co
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Moilig Meyers
Eserch
Carivens
Costich
C&t. m Bay Bindi
Hindesmals
Lottie
Lottie Mant
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Horttrwest Ft Corp
Ringae
Idra
Ingot
Tae Auseciatan
Sig Salem
Rewninilairs
Synereon Corp
Samper
Keio
Teferent Leasing
Tutico
Ganeans
Jane
Ee &T
Washington
Westarson
Konigalne
Commerce Department
Labor Department
Stevens Sworn In As New Associate Justice
John Paul Stevens was sworn in as associate justice of the U S Supreme Court, becoming the 101st justice. The Chicago native and former Seventh Circuit judge pledged equal justice for rich and poor as Ford, who nominated him, watched. Senate confirmation was 98 to 0.
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John Paul Stevens
Supreme Court
William C. Douglas
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Warren E. Fheeres
U.S. Circuit Court
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Supreme Court of the
United States
Junor
Douglas
High Court
Senate
Dutch Incident Ends 25 Hostages Released
Seven South Moluccan gunmen freed 25 hostages at the Indonesian consulate in Amsterdam. The peaceful 12 day siege ended after a birthday party for a hostage, with no concessions reported and no explosives found. Hostages waved from a bus as gunmen departed in police wagons.
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Amsterdam
Netherlands
Semeul Mellary
Johan Alvares Manusaima
Manusama
Ford Accepts 17 Billion Tax Cut Deal
Ford signs on to a 17 billion tax cut pledge but it is not binding. In the House Speaker Carl Albert doubts Ford is convinced while stating they will not set a future spending figure by law. Albert doubts the Senate plan can override a veto. The House fails to override Ford's tax cut veto.
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AirLin
Hevansd
Piace
Texaco
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Matias
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MGM
VAL Inc
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Wyeradott
UME Ind
Va Gamsny
Masullo Ss
Hush Antarez Am
Ae Paine OF
Ate
Rt OM
Noidishi
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I . Vv — Gov Tf
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Associated Press
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Paul Stevens
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