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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 26, 1977
Page
2
New York trading opens with renewed worry over the economy as the Dow Jones average falls 6.50 to 907.74 at noon. Losers outpace gainers on the NYSE while Exxon slips to 51.5 and Polaroid raises its quarterly dividend to 20 cents a share amid solid volume on the Big Board.
A compact listing from The Associated Press 1977 shows numerous stock symbols company names and percent figures. The dense OCR reads like a stock table with percent changes and dividend notes across many corporations including NatCan Gannett PepsiCo Pfizer Texaco and more.
Over The Counter New York prices show mixed moves for NYSE issues with several large caps listed alongside numerous lesser traded stocks. The report enumerates tickers and percent changes, indicating modest gains for some and small declines for others in an at a glance market overview.
The Associated Press reports stock index movements with slight downticks across industrials transports and utilities. Noon values show mixed results while bonds and various averages remain near unchanged from prior periods.
The Associated Press notes national prices for American Eng on the Stock Exchange with diverse figures for numerous companies and banks. The list includes banks, furnitures, life insurance firms, and others showing varied last prices and percent changes across multiple sectors.
The High Point Enterprise details subscription rates and delivery terms for daily and Sunday editions, including carrier and mail options, with mention of Associated Press rights and local office contact. It lists pricing by duration and delivery method and notes the paper is independently operated in High Point North Carolina.
North Carolina prison warden Sam Garrison says at least twenty volunteers have offered to perform execution duties when the death penalty is carried out. He notes the law allows employing someone, and the warden may pay $35 for letting a cyanide pellet into the execution chamber.
A $10.4 billion public works spending bill gains House approval 318-61 and moves to President Carter. It funds nine of 18 projects Carter criticized as wasteful while omitting the Clinch River Breeder Reactor. projects listed include Applegate Lake Oregon Atchafalaya River Louisiana Cache Basin Arkansas Columbia Dam Tennessee Hillsdale Lake Kansas Richard B. Russell Dam Georgia South Carolina Tallahala Creek Mississippi Auburn California Bayou Bodeau Louisiana.
FBI affidavits allege Edwin Duncan Jr ordered eavesdropping on IRS agents probing Northwestern Bank affairs in 1972 and 1973. Edwin Duncan Jr faces charges of eavesdropping and five counts of embezzlement. bank VP Jerry Duncan testified the listening was at Duncan's direction.
Firefighters battle a Currituck Camden county blaze endangering a young pine plantation. State forest official Don Rogers warns a wind shift from southwest to northwest could drive flames back toward the stand.
North Carolina's three major utilities said the recent power failures were freak events unrelated to high demand. They dismissed fears of a New York style blackout, citing strong interconnections and dispersed generation. Duke Power reported four unit outages on July 21 as a freak incident. outages reduced its capacity by 40 percent, with two units out until the weekend. CP&L cited shakeout problems at new plants as summer breakdown causes.
Markets in two new flue cured belts opened with lower averages than last year while South Carolina and Border North Carolina belts posted higher prices from the first sales week. Eastern North Carolina sold 5,019,135 pounds at 84.09 per hundredweight down 6.16. Old and Middle Belt moved 773,573 pounds at 74.02, down 17.98. Auctioneers in the border markets sold 5,466,430 pounds at 93.17, boosting the season total to 19,157,223 pounds.
Defense Secretary Harold Brown ends talks with Seoul on a phased U S troop withdrawal and a new 1.9 billion four year aid program. He pledges continued military backing and insists Seoul be part of any future Korea talks. A combined command is planned as 33 000 U S ground troops withdraw over four to five years. Brown travels to Tokyo to brief Japanese officials.
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