04 Feb 1976
Page 1
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 04, 1976
Page
1
New York stock market closed mixed as investors took profits after weeks of gains. The Dow rose to 972.29 while the NYSE composite index edged up to 54.01 and Amex value index gained to 97.69. Pennzoil advanced 1 1 2 to 26 7/8 percent on strong 1976 earnings outlook.
A heavily garbled New York High Point Enterprise advertisement outlines United Associated Press mail rates, subscription terms, and dividend terminology. It mentions annual charges, payments, and distributions, with references to ex-dividend dates and filing details. Entities include The Associated Press, various banking and advertising terms, and carrier delivery notes.
MILWAUKEE AP U S Ally Gen Badwani HL Levi proposes abolishing federal parole and jailing criminals for full sentences with time off only for good behavior The attorney general says plan aligns with President Ford's push for mandatory minimum sentences for certain violent crimes and repeat offenders
San Francisco AP report outlines jury selection for Patricia Hearst trial on 1974 Hibernia Bank robbery and related charges. defense and prosecution prune a pool of 36 into 12 jurors and 4 alternates, with motions on admissibility of alleged conduct and evidence to be heard. opening statements expected from Browning and Bailey as Hearst’s defense seeks to show coercion by captors.
Bailor notes the Postal Service aimed for businesslike operation and financial self sufficiency but rapid wage growth and a decline in mail use have created a widening deficit. Rates were not increased until December 31, delaying relief and deepening losses for the agency.
Ellsworth says a coalition government in Angola could form but the MPLA holds overwhelming conventional superiority with about 200 million in Soviet aid and 11 000 Cuban troops. The Pentagon neither recommends nor favors U S forces deployment and warns Soviet victory could give bases to disrupt oil tanker routes 480 miles off Angola coast.
CARE spokesman says Guatemala office in shambles and will move. A State Department official notes no embassy injuries but widespread damage in the capital. Early figures cite up to 300 dead in Guatemala City, with unconfirmed reports of 30 killed and 500 injured. General Acas leads emergency relief, while Red Cross in Washington tracks radio reports and 160 deaths in Dade County.
The piece surveys Democratic and other presidential contenders' positions on abortion following the Supreme Court ruling and ongoing amendment proposals. It notes Ford administration era debates, Wallace and Reagan stances, and candidates like Carter Shriver Bayh Shapp and Byrd weighing state control, exceptions, or preserving court decisions.
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