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This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 27, 1977
Page
2
NY stocks fell for a third straight session with the Dow Jones average below 900 at noon, down 8.32 to 899.86 as traders cited slowing growth and a record June trade deficit. Phillips Petroleum, Exxon, and Standard Oil of Indiana eased in active trading amid broader market weakness.
A scanned list shows national price quotes for New York Stock Exchange issues with many firms including AllisChalmers Alcoa AMBAC ContTel ConEd and Getty. The page records bid and asked prices across numerous companies with fluctuating percentages and figures.
The New York Stock Exchange noon index report notes a minor index movement with finance updates. The brief item provides a snapshot of market activity for the day without detailed figures or company names.
The AP Stock Averages report lists numerous company listings with closing prices and percent changes. It includes well known firms such as Texaco and Texaco affiliates, Shell Oil, U S Steel, and various transport and utility stocks with accompanying notes on dividends, splits, and ex-dividend dates.
The AP reports figures from the American Stock Exchange with national price observations. Lexical fragments indicate movements and percentages, including variations tied to EarthRes and FedRes references, dated 1977.
The High Point Enterprise lists subscription prices for daily and Sunday editions, including mail and carrier options with advance payment terms. It notes AP rights, post office classifications, and independence as a newspaper, with regional advertising contacts.
Suzi Park Thomson says she will answer questions in public but refuses to speak privately to House investigators probing alleged Korean influence buying in Congress. She denies knowledge of any bribes on Capitol Hill and cites leaks and misstatements as reasons for declining private questioning.
Belk announces at a brief news conference he will not run for another term as mayor of Charlotte. The longtime leader says only the upcoming municipal election in November is relevant and leaves open a future in politics without committing to any campaign.
Archbishop Fulton J. Sheen, aged 82, underwent emergency open heart surgery at Lenox Hill Hospital. A hospital spokesman said the procedure occurred July 15 and his condition remains stable but not out of danger as of today following inquiries.
Eight small towns in southeastern North Carolina sue to obtain a federal share of the four billion dollar public works jobs fund. They allege the Economic Development Administration excluded communities under 2,500 population in the 1970 census despite congressional instructions to include all towns. Names include Hope Mills Stedman Chadbourn Tabor City St. Pauls Pembroke Maxton and Carolina Beach.
A Marine Corps Harrier jet crashed during an operational test near Pamlico Sound east of Bayboro North Carolina killing the pilot Anthony Franovich Jr 33 of Morehead City. The crash the second Harrier loss and ninth fatality related to the aircraft is under military investigation. The pilot was alone and survived by a wife and daughter.
The June U S trade deficit rose to a record 2.8 billion as imports climbed 11 percent to 12.9 billion while exports fell 3 percent to 10.1 billion. Increased oil imports drove much of the surge, with analysts warning deficits could persist into a decade.
Prices slipped on all three flue-cured belts as Market News Service reported. Eastern belt moved 5,329,218 pounds at $84.78 per hundred, down 3 cents. Middle belt 594,381 pounds at $73.43 per hundred, down 59 cents. Border belt 3,579,031 pounds at $90.64 per hundred, down 2.29, season total 23,548,298 pounds.
Brantingham notes tourism and suburban entryways invite crime and cites FBI-based rankings showing eight of the top ten and 15 of the top 20 murder rate cities in the South. He attributes high violence to culture, gun policy gaps, and heat driven tempers. Cities listed include Las Vegas Daytona Beach Phoenix Miami Tucson Fort Lauderdale West Palm Beach Gainesville Bakersfield Little Rock.
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