Market rises after rate cut spread across banks
New York stocks gain broadly as prime rate falls from 9 to 8 percent. Dow up 1.25 to 848.09 at midday amid strength in Home Savings & Loan and airline issues like UAL, Western, and Braniff. Kodak and GE drag the Dow despite overall positive tone.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
First National City Bank
NYSE
H. F. Ahmanson
California
Home Savings & Loan
Amercan Stock Exchange
UAL
Western Airlines
Braniff
Dow
Eastman Kodak
General Electric
New York Dividend Rate Footnotes Explain Terms
A New York table defines dividend rates as annual disbursements based on the last quarterly or semiannual declaration, with numerous footnotes clarifying special dividends, stock payments, liquidation events, and post declaration actions. The notes cover extra issues, accumulative dividends, ex-dividend status, warrants, and special cases amid reorganizations and foreign issues.
MENTIONED IN THIS ARTICLE
Hull
State Gasoline Shortage Relief Expected In March
The Federal Energy Office said North Carolina will gain six million gallons of gasoline in March as American Petrofina resumes servicing accounts left vacant by BP exit. Gov. Holshouser’s spokesman noted the supply will vary in future months based on BP’s past volumes. Meanwhile, Rep. Mizell announced a two-man FEC team will investigate alleged discriminatory petroleum allocations to North Carolina, with lawmakers pressing for on-site audits as lines persist.
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Associated Press
North Carolina
Federal Energy Office
FEQ
American Petrofina
British Petroleum
Jim Holshouser
Atlanta
Af EO
William H. Fields
The
Constitution
the Journal
Jim Minter
Murphy
American Revolutionary Army
Jim
Fields
Reg
Fina
Atlantic Richfield
ARCO
Holfhouser
FEC
Washington
Wilmer Mizell
R-N.c
William E. Simon
Mizell
Tar Heel
L. Richardson Preyer
D-N.c
Simon
6Th District
FBI
Charles Toyer
Toyer
Doug Lofton
Ft. Worth
University
Oregon
Yonkers
Westchester County
Upstate
New York
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Hawaii
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FEO
The High Point Enterprise Contact Details and Rates
The High Point Enterprise announces its independent daily and Sunday edition serving High Point North Carolina. It lists contact at 210 Church Avenue and notes Associated Press rights and subscription rates.
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High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
Cartier Wkly
AP News
Post Office
Focal
Weard-Griffith Company
National Advertising Representatives
Wallace Declares Third Term Bid In Alabama Governor Race
George C. Wallace announces his candidacy for an unprecedented third term as Alabama governor. The 54 year old paralysed former candidate for president faces opposition in the May 7 Democratic primary and is heavily favored to win.
MENTIONED IN THIS ARTICLE
Rex Thomas
Associated Press
Montgomery
Ala
George C. Wallace
Alabama
Wallace
Eugene McLain
Huntsville
Lurleen
Tuskegee
University of Alabama
Rules Of Line Recommended For Motorists
Greensboro AP report urges motorists to follow line etiquette at gas stations. Officers warn against blocking intersections driveways or business access and against jumping ahead in line. Violations can lead to prosecution and dirty pool conduct has caused a fight at a station this week.
MENTIONED IN THIS ARTICLE
Greensboro
N.C
North Carolina
Rodino-Hutchinson clash over subpoenas in impeachment probe
Committee aims to empower Rodino to issue subpoenas while Hutchinson pushes limits to material tied to impeachable offenses. Rodino, not requiring criminal conduct for impeachment, notes disagreement could trigger a majority vote to compel subpoenas, risking a partisan split in the inquiry.
MENTIONED IN THIS ARTICLE
Rodino
Hutchinson
White House
Tornado Strikes Near Burlington
A tornado touched down near Burlington causing damage to a Sox and Martin drag racing team building along with two barns outbuildings and a house. Witnesses described a swath about 500 yards wide by a mile long with no injuries reported amid a wider severe weather system in North Carolina and a severe thunderstorm watch issued for eastern parts of the state.
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Burlington
N.C
Alamance County Sheriff's Department
Sox
Martin
North Carolina
National Weather Service
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