Market gains extend on Wall Street amid rate outlook
The New York stock market continued higher with the Dow up 6.33 to 791.30 amid broader gains. Traders cited expectations of Fed easing on high-rate pressures for large borrowers like city governments and utilities. U.S. Steel and other industrials advanced while NYSE volume leaders declined. The American and NASDAQ alike showed strength as investors priced earnings and tender activity influenced shares across sectors.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Wall Street
Federal Reserve
Baltimore Gas & Electric
NYSE
American Stock Exchange
U.S. Steel
Syntex
Amex
Stock Prices Mixed On American Stock Exchange Aims
A chaotic AP stock report from New York lists neon prices and varied quotes across numerous tickers including AegisCorp, Brasen Alb, Cinerama, and Essex Chem. The jumble shows small gains and losses with percentages, fractions, and odd symbols reflecting trading activity and market breadth.
MENTIONED IN THIS ARTICLE
Exchange
New York
American Stock Exchange
AegisCorp
HM Aps
Asameraq
BanstreHit
Va BarnesEng
Buites
Frontier Air
A & Ae
Huskyo
InstrumSy
KanebSv
LafayRadia
Diet
Marshalind
Newpark RS
Phoenixstl
E . Aa RaihPack
Texas Inico Wift
Vikoaing
VLN Corp
Prem Va
Over The Counter Bid Asked Quotations Report
Quotations from the NASD reflect interdealer prices around 11 a.m. Interdealer markets vary during the day and do not include retail marks or commissions. EB F Hutton & Co Inc provided the quotations with listed bid and ask figures for multiple firms and products across Furnishings, beverages, tobacco, and utilities sectors.
MENTIONED IN THIS ARTICLE
High Point
EB. F. Hutton & Co. Inc
Ask Amer. Furn
Abheuser Bus
Atlantic Pep
Bassett Furn
Bluefield Sup
Com. Fin. Corp
Coca Cola Bt. Con
Dan. Int. Com
Dandhd Corp
Henredon
J. B. Ivey
Ncnb Corp
N.C. Nat. Gas Ts
NW Inv. Co
Nixon Scandals Outline Civil Rights Abuses and Subpoena Refusal
The document accuses the president of diverting government funds for personal use and conducting wiretaps and domestic surveillance. It claims contempt of Congress for failing to honor subpoenas and alleges misleading statements to Congress, undermining the Constitution and civil liberties.
MENTIONED IN THIS ARTICLE
Congress
Brooks
Nixon
United States
Defense Attacks Transcripts In Reinecke Perjury Trial
In Washington the defense of Lt. Gov Ed Reinecke alleges Senate hearing transcripts are inaccurate and taped together. The jury would hear a reading of the transcripts as the trial enters its fourth day. The stenotypist said edits were made after grand jury and again last weekend. Prosecution called edits minor. Names include Rep. Bob Wilson and Joseph Connolly.
MENTIONED IN THIS ARTICLE
Washington
California
Ed Reinecke
Senate
James E. Cox
Senate Judiciary Committee
Reinecke
U.S
Barrington Parker
Grand Jury
Richard Davis
Bob Wilson
R-Calif
Joseph J. Connolly
Philadelpha
Wilson
San Diego
Calif
Miami Beach
Harold Geneen
International Telephone & Telegraph Corp
Connolly
Watergate Special Prosecutor
ITT
Atty
Richard G. Kleindienst
Senate Committee
Nixon Wiretaps and Price Tag Confusions Highlight Watergate Feed
The article traces wiretap notes linking White House aides to leak control and anticipatory action plans. It cites Hoover memos accusing Henry Kissinger of authorizing taps, Kissinger denying wrongdoing, and FBI officials debating legality. It also covers Petersen’s grand jury testimony about Watergate and Nixon’s April 18 discussion with Petersen, contrasting Nixon’s claim of a dry investigation with Petersen’s bombshell remark about Liddy and Hunt.
MENTIONED IN THIS ARTICLE
Nixon
Hoover
Clifford
Life Magazine
White House
H. R. Haldeman
Ehrlichman
Alexander Butterfield
Jeb Stuart Magruder
Jim Keogh
Haldeman
Henry A. Kissinger
Kissinger
William D. Ruckelshaus
FBI
James D. St. Clair
St. Clair
Liddy and Hunt
Fielding
John W. Dean IE
Petersen
Grand
Ellsberg
Lightning taming project targets selective suppression
Scientists from the Commerce department's NOAA led by Heinz W. Kasemir plan experiments through August to suppress severe lightning during dry forest periods and spacecraft operations while preserving beneficial thunderclouds. Two aircraft, a B26 and a Convair T29 loaned from the Air Force, will fly from Jefferson County airport near Boulder into northeast Colorado and adjacent parts of Nebraska and Wyoming during peak afternoon thunderstorm activity.
MENTIONED IN THIS ARTICLE
Heinz W. Kasemir
Colorado Project
Kasemir
Air Force
Jefferson County
Boulder
Colorado
Nebraska
Wyoming
High interest rate policy blamed for inflation effects
Eastburn argues rates above 12 percent hurt low and middle income borrowers while big business can pass costs to customers. He says monetary policy must join social programs such as unemployment benefits public jobs welfare reform and training. Hayes Balles back Chalmers plan and Wylie calls for lower government spending and 2 percent debt cut next year.
MENTIONED IN THIS ARTICLE
Eastburn
Hayes
Balles
Chalmers
Wylie
Ohio
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Agamins
Alcan
Apecocorp
ArchOan
Armco
Ashdorg
AsdOrGlaa
Bandixlo
BuddCoto
Bulovaw
Ste 'Sin Stadt
Burlind
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
N.C
Associated Press
Focal News
AP News
Post Office
High ’ Point
Enterprise, Inc
Focal Carrier
Weard-Griffith Company
National Advertising Representatives
Abe
Castle C
KelsAtu
Santstol
Cbsi
Senerah
Rely Lad
Ceara
Sun
Meena Gs
Bki
Chicorpao
Bk — Sonycp.o
LearSieg
Waay Ay Ya Scategl AM ClarkEv
Cenpetson
Socrielss
Lenniny
Lde
Sonresi
LevitzFurn
SterDrug
Ie Coop
M— Tampae
Econina Es U
Macmitt
CrownCork
Cruzeniso
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Tenncolso
Curtis W
Marcori
Texaco
Dartind
Daycol
Texsgill
Ava
McDonalds
Deerel
Meadco
ThriftOgda
Va Merckhao
SR Disney
Dresser
Aisa Ad Ta Monsan
Buk Pwl
Monduz
UMC Ind
Duponts
EastAirlin
Unitair
Echin
Nobisco
UnitBrands
ElPasolo
NatAjrisd
UniTel
Sle
Nt Steelz
M . FairCam
Natomastic
Vacian
Firestone
Wachova
Bose Esichar
Nordkwas
SPA
Northrpllz
Whittaker
StaleCorp
Zenith R
K Owenen
Vacar
ftekCorp
Genescoinc
PacPwlég
GerberPo
wWe
Grant W.o
Avett
Pepsicol
Va Pilzer
GrGian
ASV
Va PhileEtt
Guloneo
Hercules
Heublein
Pyebiol
HewltPk
Wb HoltEleten
Puritst
Questor
Honywill
Geeinsiel
Dave Su
MiCenti
Colgie
Litgate
Dow-Jones
A.P. Stock
Palle Oat
Liereee
Sonn S Avanacus
AWS
Safeway
Los Angeles
Maxwell House
Ralph Pena
Commerce Department
National Oceanic and Atmospheric Administration
New Kemper
High Point Bank and Trust Insurance Department
S. Main Street
Michael H. Smith
Ead
Sherwin-Williams
Kodaki
N. Main
Lexington Lexington
Ctr
Thomasville
Trade St