Mixed Stock Session Dims After Early Rise On Fed Move
New York stocks closed mixed as traders paused after an early rally sparked by the Federal Reserve cutting its discount rate. The Dow fell 5.24 to 702.83 while the NYSE and AMEX saw gainers edge advances. Key movers included Sony at 7, Beaker Industries up 15 percent, and GM, Ford, Chrysler, AMX stock gains amid general profit-taking.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Federal Reserve
Sony Corp
American Stock Exchange
Beker Industries
General Motors
Ford Motor
Chrysler
American Motors
NYSE
Westrans Industries
Houston Oil & Minerals
Dawn
Amex
Associated Press
National Association of Securities Dealers
Aerotron Ince
American Furniture
Pepsi
Iz Bankers Trust of
S.C
Bassett Furniture
Brenner
Burnups Sims
Va —Exchange
Burris
Enc
Capri Inc
Cameron Finance
Cannon Mills
Carolina Steel
Carmine Foods Wa Wa Aggis Corp
Carolina Cas. Ins
P&l
Wise
Fe Cato Corp
AY Barnes
Central Cara
Bank War Brascen
VA Central Vermont
Pia i Chatham Mug
C&s Corp
Coca-Cola Conish
Colonial Life
Conner Hames
Baniel Hwernat
Diamondhead Corp
Espey
Qurham Life
Engraph Inc
Fidelity Corp. of
Fed Resrces
Frontier Air Ee
Farmers New World
Gen Resres
Forsyth Bark & Trist
Yala
Wea
Franklin Lite
Financial
Dae Guardian Corp
Hormwlg
Vila
Heilig Meyers
Henredon Furn
Instrum
Kenan Transport
Lance, Inc
Vive Jarmsng
Ae Lane Co
Detronic Ind
Leggett & Piatt
We Life Assur
Caro
Vin Kaisrind
Kaneh Sy
Lowe's Co
Kin Ark
Crp
Mark’s
Mom & Pop's
AK A
Va Multimedia
Ivy LaMmaur
Nene Corp
Weskoe
N.C. Natural Gas
Northwest Fin. Corp
Livcorp
Nowesin
Nowesin Fircing Koma
Em Marshal Ind
Phillips
Milgo Electim
Piedmont Aviation Sa Newldiria
Piedeont Reit
Newpark RS A
RMS
Rahal CO
NorCan Oils
Fathié Reid-Provident Labs
Rex Plasiles Ba
Salem Carpat
Shoneys Big Boy
Sonete Products
Phoenix
Natl, Corp
Sou
Natl Corp
Spartan Food
Synercon Corp
Terrac de
Valet Televent
Textiles Inc
Thalhimer Bros
Tulfco Corpos
Tranic¢o Cos
Uniti Inc
Caro Baneshair
United Guaranty
Natl Bankeed
Wather Shoes
Wehite Shield Co
Washington Group
Zimmr
Wright Machinery Ow
Wir Corp
Auto Workers Rally Seeks Action On Economy And Jobs
Nearly 10,000 UAW members, many jobless, rally in Washington to pressure Congress and the Ford administration for immediate relief. Leonard Woodcock frames the protest as a demand for action on unemployment and a broader plan to revive the economy, with potential spring marches if goals are unmet.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congress
UAW
Leonard Woodcock
Washington Armory
Ford Administration
New York Stock Exchange Lists Wide Range of Dividends and Prices
The New York Stock Exchange reports mixed prices and dividend notes across many issues. It lists tickers such as Pfizer, PepsiCo, Philip Morris, and Chrysler with ex dividend details, monthly footnotes, and various corporate actions while the overall index shows modest decline.
Dow Jones Stocks and Market Tickers Summary
Dow Jones recitation shows varied stock movement with references to Recnun Revlon Reyind Rockwilht and Ryder Sys among others. The garbled text lists several company codes and prices, hinting at a market summary or ticker tape from a historical page.
MENTIONED IN THIS ARTICLE
Revlon
Reyind
Ryder
le Sandrs Asso
High Point Enterprise subscription rates and notices
The High Point Enterprise lists subscription options by mail and carrier with rates for daily, Sunday, and combination plans. It notes advance payment requirements, tax details for North Carolina, and that carriers and distributors are independent contractors. The notice references Associated Press rights and the newspaper’s postal details.
MENTIONED IN THIS ARTICLE
High Point Enterprise
Independent KeWoraree
Church Avenue
High Point
N.C
Waly
Associated Press
AP News
High Paint
High Paint Enterprise, Inc
WaraGriffith Company
National Advertising Representatives
UAW Leaders Rally as Mass Layoffs Spark Antirecession Plan
UAW organizers rally thousands of workers, busing in members from Michigan and flying in others from Texas and California. They push an antirecession program with large tax cuts for low and middle incomes and a major public service jobs initiative.
MENTIONED IN THIS ARTICLE
United Auto Workers Union
Michigan
Texas
California
UAW
Democrats split on energy tax cuts and mortgage ease
House debate centers on a Democratic plan to ease mortgage access for buyers and a tax-cut approach targeting lower incomes. The Ways and Means Committee moves to suspend Ford energy tariffs and pursue a lower-end tax relief, while Republicans and Democrats back food stamp protections and a quick public service jobs bill path.
MENTIONED IN THIS ARTICLE
Ford
House
Senate
Education and Labor Committee
Congress Moves To End Oil Tariff Rise
The House is likely to approve a 90 day repeal of Ford's oil import tariff hike. The measure would suspend further petroleum levies, refund higher tariffs collected and delay energy conservation rules. Debates include tying repeal to a higher debt ceiling and a later vote on the depletion allowance.
MENTIONED IN THIS ARTICLE
Washington
House
Ford
House Rules Committee
Ways and Means
al Ullman
D-Ore
Ways and Means Committee
Ultman
Recants Confession Man Says He Isn't Slasher
In Los Angeles AP reports a 44 year old hotel handyman sobered by court testimony claims his prior confession was a product of drunken shenanigans. He asserts he did not commit the alleged slashing and disputes the police narrative.
MENTIONED IN THIS ARTICLE
Los Angeles
Charlotte Students Score Well After Desegregation Gains
Achievement test results from Charlotte and Mecklenburg County show scores dropping in the early desegregation years but rising sharply last year. In the 1968 era years, third graders led the group, outperforming the national norm in reading spelling word and sentence use arithmetic computation and concepts, while authorities pursued an unrelated murder case involving a hotel maintenance worker who claimed to be the Skid Row Slasher but was cleared.
MENTIONED IN THIS ARTICLE
Charlotte
Mecklenburg County
Naval Jurors Reverse Coffee Convict Ruling
NORFOLK Va RP A Navy jury reversed a February verdict and found Legalman 2 C Garriett W Gosnell innocent of refusing to make coffee for superiors The panel had previously convicted him of defying a Dec 2 order The case may affect Navy coffee watch practices and Gosnell plans an appeal on a remaining charge including duty watch no punishment.
MENTIONED IN THIS ARTICLE
Norfolk, Va
Navy
Legalman 2.C
Garriett W. Gosnell
Mableton
Peter Upton
Edward Remsburg
Gosnell
Remsburg
Navy Legal Services Office
5Th Naval District
Utility salary cuts raise protests before commission
Harris and Horn attacked a 25 percent fuel clause reduction for 60 days by the State Utilities Commission. Harris cited CP&L salary cuts from 131000 to 149900 and warned they would persist until finances improved. Duke's Moore warned revenue loss harms expansion and industry growth in North Carolina.
MENTIONED IN THIS ARTICLE
Harris
Horn
State Utilities Commission
Cp&l
Wesley Webster D Madison
Senate Utilities Commission
Legislative Committee
Duke
Hern
Moore
North Carolina
Utilities Commission
Virginia
West Virginia
Vepco
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