Stock market falls as Fed hints curb on growth
The Dow Jones average drops 6.11 to 978.02 as investors react to Burns remarks on smaller growth targets and potential future credit tightening. Exxon declines after lower second quarter earnings. NYSE composite slips to 95.97 with volume at 6.87 million shares. Prime rate cuts by New York banks fail to lift sentiment.
MENTIONED IN THIS ARTICLE
Chet
NEW York (Ap
Federal Reserve Credit
New York Stock Exchange
Arthur Burns
Federal Reserve Board
Central Bank
Fed
Exxon
NYSE
American Stock Exchange
New
High Point Enterprise Masthead and Subscription Rates
The High Point Enterprise announces newspaper details including pricing for mail and carrier delivery, AP news use, and post office registration. It notes distributor independence, advance payments not guaranteed by the paper, and advertising representation through Griffin Company and National Advertising Representatives.
MENTIONED IN THIS ARTICLE
Associated Press
AP News
High Pont
High Pol
Aessers
High Point Enterprie Inc
Omagh
Yout
Lokal Carnet Ward Griffinn Company
Natonal Advertising
DOW JONES Dividend Footnotes in Unofficial Rates
The text lists footnotes for dividend rates in an unofficial table. It defines various annotations such as annual rates plus stock dividends, liquidating dividends, and percentages related to prior months, stock dividends, splits, and exdividend conditions. It also mentions declared or paid actions, accumulative issues, new issues, and special or extra payments with numerous letter codes.
MENTIONED IN THIS ARTICLE
Palin
Steen
Buhan Dale
Maine Senator Heads to China on Holiday Visit
Maine Senate Majority Leader Jerrold B. Speers, a Republican, will leave Augusta today for a 20-member, nationwide trip to the People’s Republic of China. The delegation will visit Peking Nanking Soochow Shanghai and Kwangchow, sponsored by the National Conference of State Legislatures.
MENTIONED IN THIS ARTICLE
Augusta
Maine
Senate
Jerrold B. Speers
Peoples’ Republic of China
Speers
New England
Peking
Nanking
Soochaw
Shanghai
Kwangchow
National Conference of State Legislatures
Beef And Pork Supplies Greater Than Last Year
Beef and pork supplies are higher than a year ago as the Agriculture Department reports beef output up 15 percent and pork up 10 percent for the week ending July 24. Retail beef averages about $1.39 per pound, down from June and well below last year, while pork trends up to about $1.41 per pound. Farmers’ and middlemen’s shares of retail prices shift, with grainfed cattle expected to be abundant through August though producers face losses per head.
MENTIONED IN THIS ARTICLE
Souinte
Conroy
Tosaco
Curtiswe Ff
Ya Quaksia
Timemir
Dartind Tb
Todd Shipyd
Ralstan
Rancom
ReadBat Rayineon
Dennys
Revlan
HianCo
Dresser
Va Uniroyal
suPonts
Ryder
Usind
Eb Ty Bank
Unitel
An Fifm
ElPaso
Sandrs Asso J. We
Pam
Ian
Esmark
ScoilPap
Watnava
E. Sears
Sale Feddst
Faroe
LainCorp
Zenith
Reeoeated
A & Ta
Associated Press
Ra Commission GT
Genesco Ing
GeoPac
Aga Ag
Atlantic
Peps Ny
Gerber
Pala Psa
le Getty
Gilgit
Global
Black Lads
Goourn
Cora
Grae
Cannon Anis
Carmine Foods
New York
Carolina Cas
P&i
Grummad
Cara Steel Corp
Cara Wise
Alo Corp
Guitou
Central Care Bank
Gusius
Central
Vermont
Ips
AbbiLab
Attam Ha
Cochrane Fura Py
Banta Houblin
Ty Commant Akron
Conner Hames Ak Ba Muanalu
Atadits
Durham Lite
Mat Va Engraph Inc Ale Sioche Yohanuerssics
Alcoa
Ammuchaley
Sita
Sila Monty Wil Au
Corp At Va de Bsa
Catawba
Ula May
Acais Corp
John
Jasid
Brewerc
Guardian Corp Ma Buttesg
Amelfw
Ingicpa
Harrelson Rubber Co A Cachbaa Awe
Flincomoa
Heilig Aaoyers Amiasa
al Wa
Henredon Furn
Aera Tees
Amn Mulors
Aning Ad
Hickory Furn
Abe Anbir
L& My Cinerama Ammstand
Justis
Creter
Kenan
Amper Corp
Saif Me Lance Inc
EarthRes
Arica
Tgetta
Lowe's Co
Frontier Air
Ty Mas Anmgich
Mack's
Gianryet
Pop
San
Ann van
Ncns Corp
Vormeig
Ie Alias Corp
Husky
Northwast Fin Corp
Avco Corp
Imponna
Pinkerton
Reid
Republic Auto Parts
Newpark
Benguet
Ormand
Borden
Songco
Big Bay
Lockhdaire
Ryan
Sharon
Super Bailar
Syntex
Paci Ips
Aulove
Liraseng
TerraCora
Luchys
Tex Tyres
Ing
Ray LyesCora
Bros
Ns Westals
Vigiel Ab
Macy
Cara Baneshs
Cbs
MadidFa Pd
MAPCO
Ea Iy
Bbwatser Shoes
Gmprl
Atomasa
Ty Verba McDold
Macraere
Mead Corp
Monson
Lasmeia Hid
Natorna
Norikwa
Bley Baan
Ba Norris
May Biv
Moninana
Jos Wes Nocthro
Norsim
Tocks Ie Peir
Pat
Boris
Don Kendall AP
Faom Winter
Washington
Agriculture Department
Middleman
Raleigh Seeks Water Amid Sharp Shortage in Neuse River
Raleigh sought butner to raise daily water sales to five million gallons while drafting an ordinance to restrict use as Neuse River flow plunged from 400 to about 110 million gallons daily. Citizens were urged to conserve, cutting nonessential use. relief prospects remained poor with a 30 percent thunderstorm chance forecast.
MENTIONED IN THIS ARTICLE
Raleigh
Butner
Neuse
National Weather Service
North Carolina Gas Utilities Explain Long term Contracts
Public Service Co of North Carolina and North Carolina Natural Gas Co outline slow price changes tied to 20 year contracts with producers. Jack Knox notes increases occur as contracts expire and are renewed at higher prices. Frank Barragan Jr says mil ling may spur producer activity and he cannot confirm supply levels for North Carolina this winter.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Public Service Co
Gastonia
North Carolina Natural Gas Co
Fayetteville
Jack Knox
Knox
Frank Barragan Jr
North Carolina Natural Gas
Barragan
Ford gains delegates as Schweiker shake stirs GOP race
Ford moves within five delegates of 1,130 at the Kansas City convention after Reagan selects Sen. Richard Schweiker for vice president. the AP survey shows Ford at 1,095 and Reagan at 1,024 with 14 uncommitted. Connally backs Ford, who plans a Mississippi visit as Reagan support shifts. Carter and Mondale briefed on economy in Plains, Georgia.
MENTIONED IN THIS ARTICLE
Kansas City
Reagan
Sen
Richard Schweiker
Pennsylvania
Ford
South Carolina
Colorado
Associated Press
Texas
John Connally
Connally
Nixon Administration
Mississippi
Ron Nessen
Schweiker
Do Nothing Labor Post Hit By Mrs. Scott
Jessie Rae Scott seeks the Democratic nomination for labor commissioner and attacks the Labor Department leadership. She criticizes the budget as favoring public relations over safety and health programs, calls the labor commissioner post largely a do nothing job, and comments on salary. Other remarks urge bonding of agency managers to protect salaries and wages funds.
MENTIONED IN THIS ARTICLE
Labor Post
Scott
Associated Press
Jessie Rae Scott
Commissioner of Labor
Labor Department
North Wilkesboro
Scale
T Avery Ny
Walter E. Fuller
General Assembly
Italy Forges Minority CD Government With Communists Support
Associated Press reports Giulio Andreotti likely to form a minority Christian Democratic cabinet dependent on the Communists for survival after talks with the party and smaller non Communist groups. Benigno Zaccagnini urged abstention to allow a vote of confidence while signaling no break with the pledge to keep Communists out of the cabinet. The arrangement risks U.S. and West German aid, but splits Italy’s political landscape as the left presses for tax crackdown and austerity to curb a $12 billion annual deficit.
MENTIONED IN THIS ARTICLE
Edward Magri
Associated Press
Rome
API
Giulio Andreati
Italy
Ialy
Andreoti
Christian Democratic Party
Benigno Zaccagnini
Zaccagnini
Italian Communist Party
Christian Democrats
U.S
I Tempo
Messaggero
Andreotti
Lutheran Leader Sees Dissent Limited in Missouri Synod
Boston AP The head of the Lutheran Church Missouri Synod says theology dissension is small and fading. President Rev. Jacob E C Preus places dissent at about 10 of 6,200 congregations and 1,800 of 7,000 pastors, noting many have joined other Lutherans. The group, Lutheran Church in America, holds its convention with 685 delegates, approving a call for Congress to curb Bi bomber development and guidelines for Lutheran Roman Catholic ecumenicism. The convention also backs full funding for five of nine North American seminaries and cooperates on four others.
MENTIONED IN THIS ARTICLE
Boston
Lutheran Church- Missouri Synod
Jacob E. C. Preus
Missouri Synod
Lutheran Church In America
Preus
Synod
The
Congress
North America
American Lutheran Church
Also Mentioned on This Page
Business and Financial News Stock Market Report
High Point Enterprise
High Point Cterprise
A.P. Stock
Dow-Jones
HE York (Ap
China
Jimmy Carter
Walter Mondale
Plains
White House
Fuller
Union County Young Democratic Club
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