Market rally pushes Dow above 770 as rate hopes rise
The Dow Jones industrial average jumped 9.38 to 773.83 at noon as investors cheered prospects of easier monetary policy. A second bank cut and a key economist’s forecast fueled gains across motors, rails, oils, and drugs with broad participation on the New York Stock Exchange.
MENTIONED IN THIS ARTICLE
New York
New York Bank
Federal Reserve Board
Community National
Bakersfield
Calif
Lincoln, National Bank of Philadelphia
Associated Press
New York Stock Exchange
Simplicity
Bristol-Meyers
Bristol-Myers
LDF Financial
New York Exchange
Occidental Petroleum
American Telephone
International Nickel
Fairchild Camera
Telex
American Stock Exchange
Syntex
Styron
Saxon Industries
Potter Instruments
Scurry Rainbow
New York Stock Prices Tied Afternoon Trading
AP reports mixed increments across many issues as New York exchanges show varied gains and losses. Firms like AMBAC and AmCan among others post fractional moves while several lines reflect notable volatility and inconsistent highs and lows.
MENTIONED IN THIS ARTICLE
New York
Stock Averages and Company Listings Summary
A cluttered list shows stocks and bonds with varied prices and percentage figures for many companies including Halliburton, Harris, Hecla, IBM, Texaco, RCA, Reading Co, Sears, Shell Oil, Texaco, and Texas instruments. The extract resembles a financial page snapshot with multiple tickers, prices, and daily percentage changes across sectors such as Industrials, Transpor t Utilities and more.
Stock Market Notes From New York Exchange Prices
New York noon prices show Aerojet Air West Am Petr Atlas etc with varied percent changes. The report includes a long table of stock prices and a legend explaining dividends and special notations such as ex dividend or stock splits.
MENTIONED IN THIS ARTICLE
New York
Bamerican Stock Exchange
Aerojet
Air West
Petr
AO Indust
Arklgas
Asamera
Barnes Eng
Brit Pet
Campbi
Chile
Ces Cinerama
Dillard D
Dixilyn Corp
Lectra
Dyna Equity Cp
Fermont
Frontier Air
Giant Vel
Goldfield
IT Corp
Kaiser
MidwFini
Newidria Mn 422
B. Sysoe NewPark Mn
Ormand
New York Stock Market Opens With Mixed Early Results
The AP reports midday trading in New York shows mixed moves across sectors with gains in some industrial and transportation shares and declines in finance and related indices. Key prices near 50.07 for a major index with varied sector movements.
MENTIONED IN THIS ARTICLE
New York
New York Stock Panel
Transportation Covcae
Seider
North Carolina South Carolina and Virginia Georgia five day forecast
Forecast details for five states show clear to partly cloudy skies through Saturday in North Carolina and parts of the Southeast. Temperatures range from lows in the 20s to 30s across mountains and coast with highs in the 50s to 60s, and a cold turn by Tuesday with chances of showers Sunday and Monday.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Georgia
Man makes own keys after wife demands separate rooms
In Frankfurt West Germany Dieter Steindorf 34 reportedly declined protest as his wife sought separate bedrooms. She left home after learning he trained as a locksmith and now makes his own keys to enter her room whenever he wishes.
MENTIONED IN THIS ARTICLE
Frankfurt
West Germany
Wns
Dieter Steindorf
West Asks Talks On Berlin
The United States Britain and France sent notes to the Soviet Union proposing a time and place for new Big Four talks on West Berlin. Western allies favor a meeting within a month with deputy foreign ministers or ambassadors in West Berlin to discuss air land and water traffic freer East West communications and trade flows. Removal of the Berlin Wall is not planned at this stage but could be raised if progress appears.
MENTIONED IN THIS ARTICLE
London
United States
Britain
France
Soviet Union
West Berlin
East
Berlin Wall
Morgan Defends Governor in Charlotte Mecklenburg Desegregation Case
North Carolina Attorney General Robert Morgan objects to Federal Judge James McMillan naming Governor Bob Scott as a defendant, arguing it would sue the state and noting involuntary busing is constitutionally unsound. Civil rights lawyers criticize state court use to thwart desegregation, while related suits move between state and federal courts with hearings set for next week.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina
Robert Morgan
James B. McMillan
Bob Scott
Charlotte - Mecklenburg
Scott
Morgan
U.S
McMillan
Charlotte- Mecklenburg
U.S. Congress
Julius Chambers
Concerned Parents Association
Pompidou Meets With Jews In San Francisco
French President Georges Pompidou visited San Francisco amid protests and police cordons. He met 15 local Jewish leaders to discuss arms sales to Libya and attended events with Governor Reagan, the mayor, and a reception at the Legion of Honor before continuing to Chicago and New York.
MENTIONED IN THIS ARTICLE
San Francisco
Georges Pompidou
Libya
Esti
Union Ee 7
Hote Pompidou
Oan
Cape Kennedy
Fla
Joseph Alioto
France
Israel
Pompidou
Ronald Reagan
Commonwealth Club
Stanford University
Linear Accelerator Center
Palace of the Legion of Honor
Chicago
Land
New York
United Nations
Paris
White House
Nixon
12 Year Old Tells How He Became Heroin Addict
New York AP reports 12 year old Ralph de Jesus described his descent into heroin addiction at a state legislative hearing. He testified he started a year ago after peers influenced him, stole to support the habit, and is now in Odyssey House treatment with Dr. Judianne Densen Gerber.
MENTIONED IN THIS ARTICLE
New York
Ralph de Jesus
Ralph
Judianne Densen- Gerber
Odyssey House
Densen-Gerber
Manuel Ramos
Ramos
South
Bronx
Merrill Lynch chief predicts rate cut within two months
RALEIGH AP Don Regan president of Merrill Lynch predicts the prime rate will drop within two months at a Raleigh breakfast attended by over 100 businessmen. He says the economy may drift down until mid summer, with an upturn not until the fourth quarter, barring major events such as an end to Vietnam.
MENTIONED IN THIS ARTICLE
Raleigh
Don Regan
Merrill Lynch
Pierce, Fenner & Smith Inc
Regan
Meredith College
Meetings Set In Precincts In Thomasville Tonight
Thomasville Democratic precincts 5 and 6 meet at City Hall at 7 30 to seek recommendations for appointments of Democratic election registrars and judges. Recommendations go to Robert Smith and the county board of elections for two year terms.
MENTIONED IN THIS ARTICLE
Thomasville
Robert Smith
Democratic
County Board of Elections
Also Mentioned on This Page
High Point Enterprise
Business and Financial News Stock Market Report
Ueem
Jack Lefler
Avon Prod
Babck
Baltge
Fds Beckman
BeechAr
Bell How
Bendix
BenefFin
Benguet Beth Sd
BorgWar
Brist My
Brunswk
BucyEr
Budd Co
Bulova W
Bank Ramp Burl Ind
Burrghs
Cal Finant Camp
Caroplt
CarrierCp
Carterw
Case
JI CastieCke
CaterTr
Cerro
Cessnaa
Ches Ohio
Chrysler
Cowles
Cox
CrowCol
Crown Cork
Cudahy
Curtiss
Fair Hill
Jone Lauv
Jostens
Joy Mfg
Kaiser al
Kan GE
KanPwl
Katy Ind KayserRo
Kenncott
Kerr Mc
KimbCik
Koppers
Kraftco
Kresge SS
Kroger
Lear Sieg
Lehpccem
Lonesga
LongisLt
Lucky Str
Lukens Sti
LVO Corp LykeYng
LVO Corp LykeYng .1Se Macke Co
Marcorinc
Martinm
Maydstr
Maytagla
McDonnd
MidSoUtil
Motorola
Mistatt
Nat Airlin
Nat Bisc
Nat Distil
NatGyps
Indust Natlead
Nat Steel
NoStaPw
Northrop
Nwst Airl
NwtBanc
Norton
NortSim
Occidnt Pet
OhioEdis
Okla GE
Olin Corp
Omarkind If
Otis Elev
OwensOg
Owensil
Vlpep Et Og
Pactat
Panasul
PanAm Wair
Panhc
Parke Davis
Penn Cent
PennDix
Penney JC
PaPwlt
PennzUn
PepsiCo
Perfect Film
FreepSul
FreehCo
GAC Co
GAF Corp
Gam Sko
Gannett
GenDynam
Elec
Fds
Gen Mills
Gen Tire Ib Glogal Marin Goodrich
Goodyear
GraceCo
Gt A&p
Yoana Tomei
Admiral
AlganAly
Alleg Cp
Alleglud
Alleg Pw
AlliedCh
AlliedStr
Allis Chaim
Alcoa
Ameipw
Richfid
AtlasChem
Atlas Corp
Amco Cp
Avnetine
Vow Ny Gt West
GulfStaut
Ice Eng
Halliburt
Harris Int
HeelaMng
Herc Inc
HewPack
HeernWal
Hoff Electra
Fee Holidy
Lan Ia
Idaho
INA Cp
Ingertinag
Niand Sd
VelinterikSt
IBM
Iowa Beef Ll
Wa— Ve Lowa Psv
Itek Corp
Jewel Co
JonaMan
Johninn
Jon Logan
Dow-Jones
Prizer C
Phelps D
Phila el
Philip Morr
Phill Pet
Pugs
Peer
Ralston P
Eo Rancoiic
Raytheon
RCA
Reading
ReichCh
RepubSt
Reviow
Reviow 1 “4 71% 71% TI4—% ReynMet 1.10 x34 35 33% 34% +1% ReynTeb
Ve Roan Sel
VW Rohr Cp
Reyccola
Royal Dut
FCO
RyderSys
Pullman
Safeway
St JosLead
Vw Stlskanf
Stregisp
Sanders
SaFeind
Val SanFeint
Scheniey
Schering
SCM Cp
Scoa Ind
Scott Paper
Sbclind
Searsgd
Searsr
Shell Oil
St Brand
We Sid Kollsman
wee.Ate.t
StOllind
We Swift Co
Tektronix
Teledyn
Tenneco
Texaco
Texasinst
Textron
Ind. Util
The
Thiokol
TRW Inc
UAL Inc
Val Umc Ind
UN Carbide
UN Pac Cp
Union Pacif
Uniroyal
UnitAire
Univo Pd
Mie
Upjohn
Veails
Varian Asso
Verto Co
VaeiPw
Ation 'WarLam
Wat
Va Whittaker
WinnDix
Sittin
Xerox Cp
Zale Corp
Zenithr
American — Exchange
NEW York Stock Index
West
Berlin
Mate
St. Francis Hotel
Lincoln National Bank
Philadelphia
Telephone
E. Westwood
Rudy Hinnant Insurance Agency
Complete Insurance Service
Personal — Business
N. Main St
George
Usil
Maple
Dinette Formica
den Group
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