Stock Market Rises On AT&T Dividend News
In New York the Dow gained 10.23 to 978.32 as advances slightly outpaced declines. AT&T raised its quarterly dividend from 85 to 93 cents, boosting market morale. Polaroid and Reynolds Metals moved higher amid earnings and production plans, while volume on the NYSE rose to 27.84 million shares in early trading.
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NYSE
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Hi It
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Stock Market Digest Signals Mixed New York Trading
New York stocks showed a mixed pattern as investors weighed early gains against pressures from global cues. The Dow Jones Industrial Average moved modestly lower while the broader market held steadier, with technology and financial shares contributing to the uneven session.
Wind Storm Rips Through North Carolina Injuring 20
A late Wednesday storm spawned tornadoes and driving rain across western and central North Carolina injuring at least 20. Dozens of mobile homes were overturned, roofs ripped from houses, a 32 foot transmitting tower fell, and power lines brought down trees as the system moved from Mississippi to the Atlantic. Emergency shelter opened at Lincolnton Army National Guard Armory for homeless trailer residents in Lincoln and Gaston counties.
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Cleveland County
Shelby
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Kissinger Warns Peru Over Nonalignment Policy
Secretary of State Henry Kissinger warned Peru's leftist military regime that joining the nonaligned bloc reduces foreign policy flexibility. In Lima for an 18 hour stay, he met with President Morales Bermudez and Foreign Minister De la Flor while urging Peru to reject automatic primacy of Washington and Moscow. His three-day Latin American tour includes Brazil and aims at pressuring Peru on nationalized American property and Cuba policy amid Angola intervention.
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Peru
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Miguel Angel de la Flor
United States
Washington
Moscow
de la Flor
Uhe United Nations
Daniel Patrick Moynihan
Francisco Morales Bermudez
Third World
Cuba
Angola
Rio de Janeiro
Lead in Gasoline Sparks Health Debate in California
California health officials warn even low lead exposure can affect nerve signaling and harm children. Dr. John R. Goldsmith urges reducing airborne lead, while Ethyl Corp. counters that removing lead raises refining costs and energy use.
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EPA
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John R. Goldsmith
California Department of Health
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Ethyl Corp
Mit Lakes
More Testing Set for New Breast Cancer Drug
Dr Gianni Bonadonna leads Italy’s Cancer Institute team announcing a combination therapy of three drugs reduced recurrence after surgery for advanced breast cancer. Reported in the New England Journal of Medicine, the findings mark a movemental advance but require three more years of testing to confirm safety and effectiveness.
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Milan
Italy
Gianni Bonadgnna
Cancer Institute of
New England Journal of Medicine
Wildfire Burns Across North Carolina Counties
Fire crews battled the Holmano Forest fire described as the largest during a period. Forest Service personnel fought a second large blaze in northeastern Pender County, began in the morning and was contained by late afternoon near Temote south of Angola Bay refuge on Weyerhaeuser land. No threats to people. A ban on burning covered Beaufort Carteret Bertie Camden Chowan Currituck Gates Hertford Martin Pasquotank Perquimans Bladen Inswick Columbus Duplin Pender Dare Hyde Tyrell and Washington counties.
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Gates
Hertford
Martin
Pasquetank
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Inswick
Columbus
Duplin
Pender
Dare
Hyde
Tyrel
Washingion
Ford Tops New Hampshire Campaign Swing Lead
President Ford’s aide Rogers Morton says a two day swing through northern New Hampshire leaves him convinced Ford is the Republican frontrunner in the first presidential primary. Reagan arrives Friday for a final weekend push as Morton admits no figures back his optimism. Democrats Carter Udall Shriver Jackson and the Communist ticket also figure in the day’s political updates.
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United States
Morgan Helms Split On Aid Bill
In Washington General Robert Morgan of North Carolina joined the 60 to 30 Senate majority approving a 4.4 billion dollar foreign and military aid bill. Senator Jesse Helms, a Republican, voted against the measure.
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Helms
Bill
Washington
Robert Morgan
D-N.c
Senate
Jesse Helms
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