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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 09, 1976
Page
3
New York AP report shows the Dow up 197 to 900.95 with broad gains as investors cheer signs inflation cooled. The wholesale price index rose 4 percent in December, marking a stronger year start than 1974. United Telecommunications led gains on the Big Board with a 12.5 point block traded.
A sprawling OCR fragment lists numerous company names, numbers, and financial terms from an over the counter market section. The unreadable text references Textron Delmont Tex, Unocal, Ampex, and various banks, with scattered price-like figures and dividend notes, implying a dense brokerage page or stock table summary with sparse coherent narrative.
New York stocks edged certain sectors as analysts weighed the unusual move from Anuar and fiscal implications in frampartation discussions. Investors tracked liquidity gauges and responses from major financial houses amid unsettled market sentiment.
The article lists stock prices and trades from multiple exchanges and tickers. It notes figures for shares, various company names, and market activity, including identifying prices like 43 and other numbers, with an Associated Press dateline and newspaper style finance brief.
A jobless man requests cash aid and claims he received a letter from President Ford about a contribution. He says he awaits replies from Ford or Reagan and would donate a dollar to either for a hoped acting chance next November.
Rep. Leo J. Ryan said CIA money totaling about 4 million intended for anti Communist forces in Italy was to be used in the next general elections. CIA Director Colby and Ford officials declined to confirm or detail plans as Congress reviews covert funding and possible additional allocations ahead of Italy’s elections.
Sen Byrd, 97, tests presidential waters while steering a middle of the road course. He warns he may run if Ford drifts right as Reagan campaigns nationally. Ford campaigns attack Reagan budget plans as costly. Humphrey signals noncandidacy and McCarthy rejects Common Cause guidelines as others debate nomination paths. Byrd’s future includes re election and possible presidency.
Piedmont Natural Gas official says a 476.82 charge for green fees and golf carts was an accounting mistake included in last year's natural gas exploration expenses. The state utilities commission disallowed the item and approved only a small temporary rate increase to cover 7 percent of 1975 exploration costs, costing average residential customers about 2.14 dollars per year.
Reports from Beijing describe a low key public reaction with crowds outside newspapers for copies of People’s Daily as security tightens. Japanese and Hungarian correspondents cite a Chinese leadership deliberating Chou Enlai’s successor, with Teng and Wang likely figures in the evolving plan.
Beiruts worst night of mortar and rocket fire since the war began. police report three missiles per minute from midnight, with 25 killed and 125 wounded incomplete. Palestinian guerrillas press for safe food convoy passages to refugee camps Tal Zataar and Hist al Basha, while clashes disrupt Ashrafieh and northern eastern suburbs.
During the ping pong diplomacy visit at the Great Hall of the People in Peking the Chinese premier Chou En Lai extends a warm greeting to the American guest Mr Rodenck. He compares the hall to Yenan and recalls earlier caves while hosting Chinese dinners and speaking in French or English.
Analysts note a January market rise stems from calendar effects like year end tax moves and new funds in January and February. A rate cut by Chase Manhattan and smaller banks adds stimulus, while stocks remain a volatile predictor of economic trends.
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