Stock market slips in quiet session as Dow dips
New York prices declined slightly in a quiet trading day. The noon Dow Jones average fell 2.49 to 945.81 as losers outpaced gainers about 7 to 4 on the NYSE. Hecla Mining dropped 4 to 12 percent after reporting a 2.8 million dollar fourth quarter loss.
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New York Exchange Selected Noon Prices Reported
A brief AP market roundup lists noon national price data for many stocks with percentages showing gains and declines. The High Point Enterprise notes the NYSE figures amid standard stock listings and includes publication details.
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New York
Soren Enyaenss
Stock Market Averages Rise Amid Mixed Trades
An Associated Press report notes mixed but generally higher New York Stock Exchange noon indices led by financials and technology names. Tandy, Texaco, Textron, and Texaco contributed to gains while some industrials lagged, signaling a cautious uptrend in midday trading.
Carter Outlines Demands For U S Cuba Harmony
President Carter links closer U S Cuba relations to Cuba curb aggression and respect human rights. Cuba seeks repeal of the U S trade embargo in exchange for extending the anti hijacking pact beyond its April expiry.
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Hunt to Be Free for Watergate Civil Trial
E Howard Hunt Jr. leaves prison after paying a $10,000 fine and may attend a $2 million Watergate civil case next week. Co defendants include John Mitchell Maurice Stans Jeb Magruder Hugh Sloan Porter and G Gordon Liddy with the Nixon re election committee and its finance arm named as defendants. The suit by Barker Martinez Gonzalez and Sturgis accuses them of luring participants under false security agency pretenses. Pre trial motions and possible out of court settlement could delay the case.
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Lawmakers Weigh Vote On Automatic Pay Raise
In Washington AP reports some House members may try to block weekend adjournment to force a recorded vote on a $12,900 pay raise for Congress. Most expect the raise from $44,600 to $57,500 and similar boosts for judges to take effect automatically Sunday. The effort failed earlier, with Speaker Tip O Neill opposing moving resolutions out of committee. The Senate is not in session this week.
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NFL Players Union and NFL Reach Settlement in Labor Dispute
Negotiators for the National Football League and its players settled a three year labor dispute. No immediate details were released after a speech by Mexican President Jose Lopez Portillo during the event. Grassley vows to keep fighting as midnight approaches on the automatic pay raise proposal backed by Carter.
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Ugandan plot alleged by commission ties to human rights crisis
A U N backed commission of law teachers judges and lawyers accuses Ugandan leaders of a phantom assassination plot. Archbishop Luwum and two cabinet members were arrested after a Kampala rally with confessions naming exiled Milton Obote as planner.
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Why Do Prisoners Escape Study Draws Proxmire Fire
Senator William Proxmire condemns a $27000 SEAA study funded by federal dollars and North Carolina to learn why inmates want to escape from prison. He argues the questionnaire based findings are unreliable and mocks the premise as wasteful.
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