Mixed Trading After Steep Dow Slide Leaves Market Cautious
New York stocks edged higher at noon with the Dow up 0.43 to 988.86 as losers outnumbered gainers on the NYSE. The Dow had fallen 19.75 points Wednesday, setting an 18 month low after a three session 35 point slide. Analysts warned of choppy action ahead as government data due Friday could shape sentiment. Bethlehem Steel dropped 1 44 to near one and four tenths points. The NYSE composite hovered at 54.08 while the ASE index shed 0.32 to 120.57.
MENTIONED IN THIS ARTICLE
New York
Dow
Wall Street
Bethlehem Steel
Eerce
NYSE
American Stocks Exchange
Exchange CessAir 120 6 25 26 Percent Chart
A fragmented stock table lists multiple company tickers and numbers across sectors with percentages, including CessAir, ChamSp, Cont Tel, Exxon, Gannett, Texaco, and Gulf Oil among others. The text mirrors a market page with prices, percent changes, and category codes for New York exchanges and related firms.
Dow Jones Averages Mixed Amid Industrials and Utilities Shifts
Stock page shows mixed actions with Industrials and Utilities edging lower while Transportation and Public Utilities post small gains. The Associated Press table lists numerous company quotes and footnotes explaining dividends rights and ex-dividend dates for the period, with marks for yields and ownership changes.
MENTIONED IN THIS ARTICLE
Public Utilities
Associated
Over-The-Counter Bid Asked Prices From US Exchanges
A fragment shows noon national prices for American Medhemnegy loans and various companies. The list includes price quotes for banks, furniture firms, retailers, and industrials like Coca Cola, Pepsi, Kroger, and NCNB with bid and ask figures. The item reads as a snapshot of market quotes with multiple percentages and figures.
MENTIONED IN THIS ARTICLE
Kell Kennee KerrMc
Kan Kroger
Lykes Mgic Macmill
Nabisco
Lee le
New York
Aegieép
Damson
Invovva
Aerotron Inc
Pepsi
Bankers Trust of
S.C
Basset
Furniture
Beamnon Eng
Burris Inds
Cannon Mills
Caroling Cas
P&l
Wise Florist
Central Bank
Central Vermont i
C&s Corp
CocaCola Cola
Cochrane F
Colonia! Life
Ae Cormm
Durham Ins
Be Ra Inc. As Corp. of
FNB
Catawba
Farmers New World
P.P
First Union Corp
Forsyth Bank & Trust
Franklin Life
Guardien
Hellig Meyers
Henredon Furn
B. Ivey Ie Ie
Justin Inds
Kenan Transport
Lance Inc
Lane Co
Lowe's Co
Mack's
Mom & Pop's
NC Natural Gas
Northwest
Inti. Inc
PRE Corp
Pinkerton
Republic Auto Parts
Mig He Roses
High Point Enterprise Ad Rates and News Wire Note
The High Point Enterprise lists home delivery and mail subscription rates, with regional tax details and AP news use rights. It notes carriage and distribution terms, and identifies mail and daily Sunday rate options along with carrier pricing.
MENTIONED IN THIS ARTICLE
High Point Enterprise
Associated Press
AP News
Poe. N.C
Night Exe Inc
London Associates
National
Washington Group Secures $2 Million Loan In Reorganization
The Washington Group, filing for Chapter X reorganization in U S District Court, obtained a $2 million loan from Northwestern Bank to cover two weeks of operating costs. The loan proceeds will be disbursed in $500 000 installments at 1 percent above the prime rate, with the bank gaining priority repayment and liens on inventory and unencumbered assets. Richard A. Gilbert, appointed trustee after losses in Q2, oversees the case.
MENTIONED IN THIS ARTICLE
Greensboro
Washington Group
Northwestern Bank
U.S
Gilbert
Elvis Presley Depicted as Broken By Soviet Press
Moscow reports quoting the Literary Gazette say Elvis Presley is aging, overweight, and dumped on the scrap heap by a merciless Western show business that endlessly manufactures new stars and discards the old. The piece omits his wealth and fame details.
MENTIONED IN THIS ARTICLE
Moscow
Elvis Presley
Literary Gazette
Presley
House endorses key food stamp plan for Carter program
The House backed the cornerstone of President Carter's overhaul of the food stamp program and moved toward final votes on national farm and food‑assistance policies. Wednesday votes aligned House actions with the Senate to revise the 13 year old program for the next fiscal year.
MENTIONED IN THIS ARTICLE
Washington
House
Carter
Senate
Alaska oil flow halted near terminus after faulty welds
North Slope crude shipments were stopped for the fifth time on a 38 day run to the southern terminal of the trans-Alaska pipeline. A federal order 15 miles from Valdez halted the cargo due to 14 questioned welds judged faulty by the U S Department of Transportation. Alyeska Pipeline officials condemned the order as last minute while defending the welds as sound.
MENTIONED IN THIS ARTICLE
Valdez
Alaska
North Slope
trans-Alaska
U.S. Dept. of Transportation
Alyeska Pipeline Service Co
Social Security Tax Plan Is Nixed
President Carter’s proposal to shore up Social Security with income tax revenue fails as Senate Finance Committee votes against using income taxes. House Ways and Means shows similar sentiment. Sen. Russell Long says income taxes should be used only if no other option exists.
MENTIONED IN THIS ARTICLE
Washington
Carter
Congress
Senate Finance Committee
House
Ways and Means
Russell B. Long
Finance Committee
Harrier Jets Not Grounded At Cherry Point
Two AV8A Harrier squadrons at Cherry Point Marine Air Station stayed on the ground for unscheduled safety checks but were not grounded. Maj. Gen. Richard E. Carey said he has no plans to stop Harrier operations. In Munich, Ingrid Van Bergen was sentenced to seven years for the fatal shooting of her playboy lover Klaus Knaths.
MENTIONED IN THIS ARTICLE
Cherry Point
N.C
Marine Air Corps Station
Second Marine Aircraft Wing
Richard E. Carey
Ingrid van Bergen
Munich
Miss van Bergen
Klaus Knaths
Innocent Kite Outing Sparks Santa Barbara Fire Tragedy
A young man flying a kite near Santa Barbara caused a spark when the kite touched a 16,000-volt line. The resulting fire destroyed or damaged 385 structures, prompting evacuations for about 3,000 residents and an estimated 50 million dollars in damage. Firefighters battled to contain the blaze across 740 acres as seven evacuation centers opened.
MENTIONED IN THIS ARTICLE
Santa Barbara
Calif
Pacific Coast
Los Angeles
Santa Ynez
California
Dist. Atty
Stanley Roden
Sycamore Canyon
Robbers Seize 3.5 Million in Coins Near Paris Station
In Paris a semitrailer carrying 17 million francs in coins bound for the Bank of France was hijacked near Gare de Lyon. Three to four armed men stopped the truck, freed the chauffeur and guard, and drove off with the container while another bandit released the crew later. The haul, about 3.54 million dollars, originated from Bordeaux mint at Pessac.
MENTIONED IN THIS ARTICLE
Paris
Bank of France
Bordeaux
Gare de Lyon
Pessac
Carter Sees Geneva Chance Amid Arms Sale Debate
President Carter expresses hope for possible Geneva talks while defending a shift to arms sales to Egypt Sudan and Somalia as part of a broader policy to curb global weapon sales. He emphasizes defense needs and trail toward lower weapons worldwide with pre eminent ally protection. He backs public financing for Senate campaigns and warns the oil driven 25 billion dollar trade deficit necessitates strict conservation.
MENTIONED IN THIS ARTICLE
Geneva
Carter
Egypt
Sudan
Somalia
United States
Senate
Also Mentioned on This Page
Stock Market Report
Gs Dartind
DataGen
Dayco
Deere
Dukep
EastaAir
sKod
Ston
EmerEi
Smrk
Gavansp
Exxon
Gannett
GaCable
Getty
York
ACE
Interm
AirPrd
Airco
BuddCo
Sri
Tektrax
Texaco
Dow-Jones
Ualine
Sba Uniroyal
Varian
Vetco
Weltim
Ms Whittaker
Williams
NEW York Stock Index
I York
Transportation
A.P. Stock
District Bakruptcy Court
Richard A
U.S.S.R
Elvis
Winston Churchill
Spencer Churchill
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