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High Point Enterprise in High Point, North Carolina

24 Jan 1974

Page 2

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High Point Enterprise January 24, 1974 Page 2 old newspaper archives

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jan 24, 1974

Page

2

Market slips as profit taking weighs on Dow and NYSE

Stocks fell sharply as investors cash in gains and banks resist rate cuts. The Dow Jones industrial average dropped 7.38 points to 863.62 at midday while the American and New York stock exchange indices eased, signaling nerves amid oil boycott tensions and easing optimism.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange American Stock Exchange SouthCo Seare Cessna Knightn Chrysir Kresger Kroger LearSieg Clark CivEin Wai Wa Tampae CocaCol Aa Lehmal Teledyn ColgPal Levitz Furn Ua Cbs TelexCo ColGas Liddmcnl Texaco Litton Texetr LockhdAire Texasgif Comsat Va Textron Thiokol ConsuPon LTV Corp LVO Corp Macy UAL Inc Air Merck Dennys Upijonn Vaepwl Motorola Warn Duaglt MtStTel EastAirLin Vt Nabisco WnBnc Easko Vive L* NatAir Wunion Eaton Esmark Sahin Nortikwas Associated Press Airco Arizona Firestone AlcanAlul Northrop NwstAkt Norton NorSim AllisChal Alcoa FdFair Ats OlinCorp Omark GAF Cp Ove OwenCn Arklgs Am Motors CampChile Gpubut CertronCp At&twt Amt&t Creolp GaPac Dillard St PhilaEl Grace AtlasCorp Hormelg Pueblo InstrumSys BeecAir Hercules QuakSto Bendix Questor Raiston BentiCp Benguet Raistonp Latay Boeing Borden Hongwil Marshalind Revion Medenco Brunswk Idaho P Reyind ReynMet BuddCo ideaiBas iiCent Newpark Rs aMeters Burlind Aingerr Royccol NorCdnOils RydrSys OKC Cp InNick RathPack CarrCe CartWa SandrsAsso Resrtsintia Castlec Lea Lola Love Cenceine Jewel C JonLog Searieg Usfilt JonLau ShellOit Vlncorp Va Kangell Katy SonyCp Wilshro Kayserr
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New York Stock Exchange Announces Noon Prices

The New York Stock Exchange released the noon prices for today with updated figures across major listings. Traders tracked shifts in blue chip gains and tech shares amid market volatility and closing outlooks.

MENTIONED IN THIS ARTICLE

NEW York (Ap New York Stock Exchange
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Dividend footnotes clarify American Exchange sales figures

Unofficial figures show that dividend rates in the table reflect annual disbursements from the last quarterly or semiannual declaration unless noted. Footnotes explain extra or special dividends, stock dividends, liquidating payouts, and conditions such as ex dividend, warrants, or insolvency statuses for various issues.

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Libya and Egypt clash over oil boycott for U S

Libyan Premier Abdessalam Jalloud rejects Anwar Sadat’s plan to ease the Arab oil embargo on the United States. He vows to continue the embargo and threatens further nationalization of American oil interests in Libya. He urged action against those breaking the boycott.

MENTIONED IN THIS ARTICLE

Tripoli Libya Abdessalam Jalloud Anwar Sadat United States Netherlands Israel Bunker-Hunt Jalloud
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Dormitory Fire in Belgium Claimed Several Young Lives

A 1926 three story dormitory building housed at a Belgian college burned on the top floor. Firefighters from Hasselt Heusden and Beringen battled the blaze as dozens of students fled. A 15 year old witness described men waking sleeping boys as black smoke and flames spread through wooden partitions. About 500 pupils attend the college with some not boarding. In the chaos families and villagers aided evacuees and many were sheltered in a gymnasium.

MENTIONED IN THIS ARTICLE

Huysmans
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Stock Index Report From New York At Noon

Stock indexes in New York at noon show mixed moves with industrial, transportation and utility sectors contributing to the session. Investors monitor shifts in trading as market breadth remains uneven.

MENTIONED IN THIS ARTICLE

New York
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Stock Market Snapshot Windustrials and Rail Bonds Report

Market brief shows Windustrials trading around 863.62 with a minor drop. Transportation index near 168.91 up 1.59 with mixed signals across rails and utilities. Bond notes mention higher and second grade rails with utility listings and widespread activity across sectors.

MENTIONED IN THIS ARTICLE

Ccc Cece Trio Rce Spinas Phandie Sol
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State of the Union Message Faces Watergate Fallout

The 1974 State of the Union casts a lens on the presidency as Congress debates impeachment prospects and the Senate Watergate panel nears new hearings on Nixon reelection finances. A grand jury weighs a White House tape erasure as Nixon aims to project forward while past scandals linger.

MENTIONED IN THIS ARTICLE

Walter R. Mears Associated Press Washington Nixon Congress Senate Watergate Committee White House Fensive State of the Union Messenger
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NASD Inter-dealer Quotations At 11 A.M.

Quotations from the NASD represent inter-dealer prices as of about 11 a.m. Prices exclude retail markups markdowns and commissions. The quotes are provided through the High Point office of E F Hutton and Co Inc.

MENTIONED IN THIS ARTICLE

N.C Associated Press High Point High Point Enterprise, Inc Ward-Griffith Company National Advertising Representatives E. F. Hutton & Co. Inc
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Small Car Price Hikes Foreseeable as Makers Shift to Compacts

Detroit reports the big three carmakers are converting multiple plants to small car production and expanding compact lines. Ford aims to produce two million small cars in 1975, costing about 75 million dollars per plant conversion, as GM and Chrysler also expand small car output amid price increases already imposed in 1974.

MENTIONED IN THIS ARTICLE

Detroit General Motors Ford Chrysler Lee Iacocca Iacocca Wayne Mich Chicago Richard Gerstenberg Newark Del American Motors
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Also Mentioned on This Page

Stock Market Report Ralph Acampora Harris, Upham & Co Morgan Guaranty Egypt NEW York Exchange U.S Dirk Huysmans Hasselt Heusden Beringen Key Biscayne San Clemente California Fla Abzug Louis Stokes D-Ohio High Point Enterprise Church Avenue Semen Dow-Jones A.P. Stock Ind. Ralls Util Berane Ralls Ind Util Rouve State of Union Ncnb Corp N. C. Nat. Gas Nrthustra Inv. Com Phillips Fescue Piedmont Avia Publ Rex Plastics Royal Scots Inn Sout. Film Extrad West Knitting Jcpenney Westchester Mall
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