Market Falls Short? Dow Rises 18.54 As Inflation Slows
The New York stock market jumped with the Dow up 18.54 to 778.16 on active trading as lenders slow and inflation shows progress. Federal Reserve weekly loan demand data and June wholesale price gains at 6 percent present a cooler inflation path. IBM led gains with a 34 percent jump in Q2 earnings, while Digital Equipment and Procter & Gamble posted notable moves alongside others like Warner-Lambert and Halliburton. A European firm launched a $274 tender offer, and Amex saw Syntex as the volume leader.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Federal Reserve
Federal National Mortgage
Big Board
American Stock Exchange
NYSE
IBM
Digital Equipment
Warner- Lambert
Sperry-Rand
International Paper
Procter & Gamble
Halliburton
Amex
Syntex
Stock Averages Rise and Fall Reported in Trading Roundup
A brief market update notes mixed stock performance with several firms posting gains while others show declines. Data highlights include rapid movements in multiple sectors as traders react to fluctuating prices and volumes across indexes and individual equities.
High Point Enterprise Notices Summary
The fragment lists publication notices about distribution terms, advertising representation, and dividend footnotes. It references The Associated Press rights, second class postal matters, home delivery charges, and stock dividend notations with footnote codes. It mentions Ward-Griffith as national advertising reps and tax/ownership terms for securities.
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High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
W.C
Associated Press
Whly
AP News
N.C
Deaters
Ward-Griffith Company
National Advertising Representatives
Co Liquidation
Earl Warren Funeral Scheduled
The nation prepares to honor retired Chief Justice Earl Warren with President and Mrs. Nixon among mourners. Services were set for 1 p.m. at Washington Cathedral with a rabbi and a Roman Catholic bishop giving eulogies. Burial will follow at Arlington near John Foster Dulles.
MENTIONED IN THIS ARTICLE
Washington
Rpy
Earl Warren
Nixon
Washington Cathedral
Episcopal Church
Arlington National Cemetery
John Foster Dulles
Warren
Secret Declassification Drive Faces House Committee
Washington reports the administration cites declassification of over 50 million pages since 1972 and a 71 percent cut in secret classification staff. James Rhoads testifies as a bill seeks a formal system, independent oversight, and faster declassification of about one billion pages.
MENTIONED IN THIS ARTICLE
Washington
James B. Rhoads
Interagency Classification Review Committee
House
National Defense
Federal Commission
Rhoads’ Agency
National Security Council
Rhoads
Nixon Move Shaping GOP Convention Over ITT Controversy
AP reports a newly released transcript shows President Nixon and two aides deciding to relocate the Republican National Convention from San Diego to Miami Beach due to the ITT affair. Nixon urged boycotting investigating committees as partisan amid a broader political clash over antitrust favors to ITT in exchange for support.
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Washington
Nixon
San Diego
Miami Beach
Donnybrook
ITT
Nixon impeachment transcript shows money demand dispute
The judiciary panel cites a Nixon exchange about Hunt’s money demands as damaging evidence. Dean testimony on the March 21 meeting suggests no Nixon order to pay Hunt. lawmakers debate if the remark targeted Haldeman. Witnesses remain: Petersen, Colson, Kalmbach. Nixon discusses convention site with Haldeman and Mitchell, preferring Miami Beach and a TV setup.
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Nixon
Hunt
St. Clair
Dean
Senate
Walter Flowers
Dala
Henry E. Petersen
White House
Charles W. Colson
Herbert W. Kalmbach
United States urges global fisheries treaty and free navigation
Stevenson urged international arrangements to govern tuna and migratory fish stocks and tied U S acceptance of new limits to a comprehensive package. He said a treaty should guarantee free navigation through world straits and establish a global body to oversee exploration and exploitation of minerals beneath international waters.
MENTIONED IN THIS ARTICLE
Stevenson
United States
Peronist Labor Bloc Unites Behind Romero List
Argentine labor factions settle internal split with a single slate headed by Romero. Segundo Palma becomes assistant general secretary as CGT balances power within the Peronist movement. Mrs Peron sides with a unified delegation while Peron urged moderation before his death.
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Segundo Palma
Peronist
Peronists
CGT
Peron
Confederation
Steelworkers ’Union
Romero
Congress
Plumbers trial jury begins deliberations in Ellsberg case
The jurors started deliberations on the plumbers trial after Judge Gesell instructed they need only prove conspiracy, not that Ehrlichman personally approved a break in. Ehrlichman and three others face charges for seeking Daniel Ellsberg’s psychiatric records from Fielding, amid civil rights concerns. The defense argues no illegal break in was intended.
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Washington
John D. Ehrlichman
U.S
Gerhard A. Gesell
Ehrlichman
Daniel Elisberg
Elisberg
Lewis J. Fielding
Beverly Hills
Calif
Nixon
Ellsberg
Fielding
Merrill
William C. Frates
White House
Frates
David R. Young
Egil
Bud O' Krogh
Young
French Present U.S. Gift for Mt Vernon Bicentennial
Paris reports President Giscard d Estaing announced France lent the United States a sound and light tribute to George Washington’s Mt Vernon for the 1976 bicentennial. Court arguments in the Fielding case covered government rights, covert operations, and the legality of a break-in tied to the Ellsberg files.
MENTIONED IN THIS ARTICLE
Paris
Valery Giscard d'Estaing
France
United States
Mt. Vernon
George Washington
U.S
Industrial metrics show broad price increases last month
Prices for iron, steel, and other metal products led a 3.1 percent rise in metals. Fuels gained 3 percent as gasoline, distillates, electric power, coal, and coke advanced. Lumber and wood products fell about 2.9 percent, the only notable decline in industrial items.
Judicial Gag Rule Challenge Spurs Supreme Court Fight
New Orleans reporting says Times Picayune will pursue a First Amendment dispute over Judge Schulingkamp's eight gag guidelines banning publication or broadcast of testimony after juries sit in a murder rape case. Louisiana and federal courts declined to intervene, and editors warn of contempt risks while planning appeals. The case centers on Stephen Berry, co defendant in the nurse’s rape and slaying.
MENTIONED IN THIS ARTICLE
New Orleans
Times-Picayune Publishing Corp
U.S. Supreme Court
State Criminal Dist
Oliver P. Schulingkamp
Louisiana Supreme Court
U.S. Dist
Lansing Mitchell
Sth
U.S. Circuit Court of Appeals
Times-Picayune
The
Schulingkamp
States-Item
Times- Picayune Publishing Corp
State Item
Walter G. Cowan
Stephen Berry
Gunmen Rob Charlotte Bank Heist Reported
Charlotte police report a gunman robbed a Mechanics and Farmers Bank branch escaping with an undisclosed amount. The brazen cash grab marked the 21st bank robbery in North Carolina that year, highlighting ongoing security concerns.
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Charlotte
Mechanics and Farmers Bank Wing
North Carolina
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