Market gains limited as IBM leads on buyback news
The New York stock market rose modestly with IBM up 5 percent to 275 after it offered to buy back 4 million shares for 280 each. Eastman Kodak gained 1 percent to 73 as it unveiled microfilm processing products. The Dow up 1.08 at 941.2, NYSE composite up .10 at 54.78, and volume 8.43 million in early trading. Analysts cite inflation worries after January CPI data.
MENTIONED IN THIS ARTICLE
New York
International Siness Machines
IBM
Eastman Kodak
NYSE
American Stock Exchange
Iday
Chrysler
Church
American Exchange Prices List From New York Stock Quotation
Selected national prices for American Exchange issues appear in a fragmented AP listing. The table shows numerous tickers and percent changes including TRW, Textron, Teledyne, Texaco, Texstar, Texinst, Texagon, and more, with varied 60s values and fractional shifts. The High Point Enterprise notes copyright 1977 and provides standard postage rates and AP reprint terms.
MENTIONED IN THIS ARTICLE
Exchange
New York
Stock Averages and Market Data Snippet
An abbreviated AP market page shows stock averages, noon and previous close figures, and weekly changes. The garbled data references various tickers and indices with unclear names and values, illustrating a partial stock table from a mid-20th century newspaper.
Carter Proposes 19 Billion Budget Hike Cuts and Revisions
President Carter unveils a midyear budget plan slowing growth in strategic programs and halting $289 million of 19 water projects. Defense trims include F15 production from 108 to 78 and delays to the new M X missile and attack helicopter. Health care costs seek caps. extended unemployment benefits move to 52 weeks then step down by 1978. Housing aid rises to 400,000 units with $9.6 billion authority needed.
MENTIONED IN THIS ARTICLE
Air Force
Carter
Ford
Turner Seeks CIA Reform and Lawful Conduct
Admiral Stansfield Turner, Carter’s CIA nominee, pledges to rebuild the agency’s reputation and prioritize lawful intelligence. He says some secrecy is needed but overclassification should end and public value data should be published. Turner confirms he would remain on active naval duty while serving as director, drawing mixed reactions from lawmakers.
MENTIONED IN THIS ARTICLE
U.S
Adm
Stansfield Turner
Naval Academy
Carter
NATO
Europe
Senate Intelligence Committee
CIA
Navy
Senate
Committee
Turner
Howard Baker
R-Tenn
Baker
Daniel K. Inouye
D-Hawaii
Sorensen
Ford Mulls 1980 Presidential Bid Keep Field Open
Former President Gerald Ford said it is possible he would seek the Republican nomination in 1980 but urged keeping the field open. He spoke on ABCs Good Morning America noting he does not want one leader to dominate and declined to comment on Reagan. He did not criticize Carter saying he disagrees with some moves but respects the president.
MENTIONED IN THIS ARTICLE
Baker
Carter
CIA
Theodore C. Sorensen
Turner
Sorensen
John F. Kennedy
White House
Committee
New York
Gerald Ford
Ford
Good Morning America
Ronald Reagan
Tonnie Davis
Climax
North Carolina
Far Takers Assn
Bobby Lee Combs
D-Catawba
Davis
Trudeau visits Carter as Canada earns U S backing
Prime Minister Pierre Elliott Trudeau meets President Carter during a Washington visit on Presidents Day. They hold private talks after ceremonies and a state dinner attended by Carter’s family. They plan further talks on fishing rights trade and energy with Quebec separatism as a topic. Carter expresses support for keeping confederation intact and thanks Canada for aiding U S natural gas shortages.
MENTIONED IN THIS ARTICLE
Washington
Pierre Elliott Trudeau
Carter
Trudeau
Carters
Amy
White House
Quebec
Shell Explodes Killing Youth and Injuring Five at VA School
A 40 millimeter artillery shell exploded at Huguenot Academy in Powhatan Virginia killing one youth and injuring five others. Police and emergency crews responded to the incident with investigators probing the cause and circumstances surrounding the blast.
MENTIONED IN THIS ARTICLE
Powhatan, Va
Huguenot Academy
James Davidson
Scott Goodman
Richmond
Carlton Elam
Mark Horner
Eston Pace
Douglas Pickerall
Barbee Cox
Sheriff's Deputies
Ft. Lee
147Th Explosive Ordnance Detachment
Ft. Pickett
Ft. Pickett Army Artillery Range
British Doctor Named New Foreign Secretary
David Owen a 38 year old physician turned politician becomes Britain new foreign secretary and the youngest in the post since 1935. Prime Minister Callaghan promoted Owen after Crosland death and after Owen had acted as foreign secretary since Crosland stroke. Crosland funeral followed by debate over cabinet balance and Healey Treasury role. Owen wife Deborah Schubert American, two sons, educated at Cambridge and St Thomas hospital, elected to Parliament in 1966.
MENTIONED IN THIS ARTICLE
London
David Owen
Britain
Anthony Eden
James Callaghan
Owen
Foreign Office
Anthony Crosland
Crosland
Callaghan
Denis Healey
Healey
Treasury
Daily Mail
Daily Telegraph
Deborah Schubert
United States
New Hampshire
New York
Kyrill Schubert
Pantheon Books
David Anthony Llewellyn Owen
Cambridge University
St. Thomas's Hospital
House of Commons
Plymouth
Devonshire
England
New York Stock Exchange Noon Index Report
Noon index report from the New York Stock Exchange shows mixed trading with numbers for Industrial and Utility sectors and overall market activity. Details appear incomplete, with portions of sector figures and markers like 6 oh M78 and a7 0.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Seattle melee as crowd disrupts arrest at Pioneer Square
Police say on Friday about 100 spectators watched a couple make love on the pavement and cheered as officers moved in to arrest them. A separate Saturday clash at a fashionable Pioneer Square restaurant left Ricky Allen Wise, 25, stabbed in the back and in serious condition. another youth was arrested on suspicion of assault. Marijuana was openly smoked as officers, unprepared for the crowd, reported disorder with 20 urinations on the street observed in one hour.
MENTIONED IN THIS ARTICLE
Pioneer Square
Ricky Allen Wise
Also Mentioned on This Page
Business and Financial News Stock Market Report
Simpe “S
Exchange—— Nework
Eceenemeeeen
FdFair
GAFC
Gannett
Gene! Ag
Gettyo
lobMar
Wrens
itekCp
iwiCp
de & Joy Len Culty
Caecen
Lockheed
McDond
MeadCp
Melville
Merck
Te— Packig
Patrkp
Iam Tame PenDix
Penney
Wester
RCA
RalsPur
Rancom
U Joe
Ualine
Yeeies
Uniroyal
UnBrand
Unitmm
Uroupe Len
Usind
Stee
UnTech
I Unifel
Upionhn
Verien
Vetco
VaePwite
Wachoven
Warner
WasWatl
WnAirk
Yo Williams
Sia
Kerox
Ya Zale Corp
Zenithr
Associated Press
Carh
AegisCo
All
EarthRes
Ie Falcons
GiantYel
Goldtel
Ozarka
Dow-Jones
Risdon
Rodnich
Tektronx
Bae
Sbla
Shenand
Mla
Telprint
Solltron
Telex
Texeco
Texstar
Texas
Usfilir
The
High Point Enterprise
Pualiins
High Point Ckrenpaise
Church Avenue High Paint
N.C
Uut Enterprise, Inc
London Associates
National
A.P. Stock
Ind
Weelses
Tees
M. Pen
Pe. Een
Canada
Congress
Innada
Confederation
Richard Hendershot
Seattle
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