Mixed Market After Profit Taking Dow Dips on Slipping Gains
The New York stock market opened mixed with the Dow off 1.10 at 845.51 as traders booked profits after a rally. Gainers held a 3-2 edge on the NYSE while technicals showed resistance near 850. Searle slid on a FDA toxicity review affecting its top drugs amid overall modest index movements. Williams Cos rose 1% on a reported oil and gas discovery in southern Louisiana. Augat fell on anticipated weaker Q2 earnings and a 20 percent sales drop on the Amex.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Dow
G.D. Searle
Food and Drug Administration
Searle
American Stock Exchange
Williams Cos
Louisiana
NYSE
Amex
Financial wire notes and stock listings bulked together
A dense compilation of stock quotes, dividends, and price figures from various companies and exchanges. The column includes percentages, cash values, and notes on ex-dividend statuses, with entities such as Sears, Coca Cola, IBM, Dow components, and others recurring throughout.
Local postal and delivery disclaimer appears in notices
The document lists the Asteriated Press for reproduction and notes second class matter at a Post Office in High Point under March 3, 1879. It states that all carriers and distributors are independent contractors and that the High Point Enterprise is not responsible for balance payments. It mentions home delivery rates and that Griffith Company handles national advertising representation.
MENTIONED IN THIS ARTICLE
AP News
Skatches
Aligh Point
Cartlers
Ars the High Paint Enterprise, Inc
Teal
Carrieg Re
Case Challenges States On Systems Of Paroles
A Supreme Court review could force many states to alter parole procedures after the North Carolina Parole Commission denied Howard E. Bradford and Robert E. Harris without a hearing. The 4th Circuit said due process was lacking, while the state appeals to the high court argues for limited protections.
MENTIONED IN THIS ARTICLE
Washington
North Carolina
U.S. Supreme Court
North Carolina Parole Commission
Howard E. Bradford
Robert E. Harris
4Th Circuit Court of Appeals
Richmond
Harris
Bradford
Supreme Court
High Court
Appeals Court
District Court
Raleigh
Sadat Cheers Israeli Cut of Suez Forces
Egyptian President Anwar Sadat praises Israel for reducing its forces along the Suez Canal and allows cargo to Israel if concessions continue. He calls the move encouraging and says it keeps peace momentum, as Israeli Premier Rabin announces withdrawal of half of 7,000 troops, 80 tanks, and artillery from the buffer zone.
MENTIONED IN THIS ARTICLE
Associated Press
Anwar Sadat
Israel
The
Suez
Sadat
ABC
Yitzhak Rabin
U.N
Tale of Survival in Sunken Vessel Amid Diesel Fumes
Bellard, Dore, and Dove recount narrow escapes after the crew quarters sank. Water surged above ventilator shafts and then receded as divers surfaced with light. Dore survived 22 hours in a cramped compartment, while Dove awoke to air bursts and frantic clambering of skindivers seeking them through the submerged hull.
MENTIONED IN THIS ARTICLE
Bellard
Dore
Dove
Union Chief Orders End To Strike
New York AP Union chief C L Dennis calls off a wildcat strike by several thousand REA Express workers after walkouts crippled deliveries in Chicago Detroit Atlanta Cincinnati and New York. The protest focused on layoffs and federal bankruptcy payouts as REA filed for reorganization February 18, closing 153 terminals and cutting salaries 10 percent with judge approval voiding its contract for 8 000 unionized employees.
MENTIONED IN THIS ARTICLE
New York
REA Express
Chicago
Detroit
Atlanta
Cincinnati
New York City
Puerto Rico
Canada
Caroline Kennedy to Graduate From Concord Academy
Caroline Kennedy, daughter of John F Kennedy, will graduate this week as one of 79 seniors at Concord Academy in Concord Massachusetts. The event marks her high school completion amid ceremonies Thursday.
MENTIONED IN THIS ARTICLE
Concord
Mass
Caroline Kennedy
John F. Kennedy
Miss Kennedy
Concord Academy
Hotel Auction Postponed in Greensboro Reorganization
The Royal Villa Hotel, North Carolina's largest 347 room property in Greensboro, had its scheduled mortgage auction postponed as owners filed for reorganization in federal court. Trustee JoAn Pogarty, ex president of the Federal Home Loan Bank of Greensboro, will oversee motel operations and pursue a reorganization favorable to creditors and owners. The Home Federal Savings and Loan Association holds the mortgage. last August the property was appraised at 7.8 million.
MENTIONED IN THIS ARTICLE
Greensboro
Royal Villa
North Carolina
U.S. District Court
Joan A. Pogarty
Old
Federal Home Loan Bank of Greensboro
Home Federal Savings and Loan Association of Greensboro
Drug advertising ban ruled unconstitutional in NC
D ruggists say the North Carolina Board of Pharmacy ban on advertising was unconstitutional. Kerr Drugs in Raleigh notes no one advertises prescription prices in the state, while Eckerd's in Charlotte explains pricing ads are a touchy area and seeks to limit price claims. South Carolina officials report no price advertising and no public demand.
MENTIONED IN THIS ARTICLE
North Carolina Board of PharMacy
Pharmaceutical Association
Kerr Drugs
Raleigh
Charlotte
Eckerd
Backers seek override as Ford veto on mine bill stands
Administration officials testify to a House panel to defend President Ford's veto of a bill aimed at curb strip mining. The debate centers on job losses and higher utility costs cited by Ford, with backers and environmental groups clashing over the bill's impact and the likelihood of a veto override.
MENTIONED IN THIS ARTICLE
Ford
Washington
House
Federal Energy
Frank G. Zarb
Interior Department
U.S
White House
Morris K. Udall
Ariz
Interior Committee
Udall
Senate
Also Mentioned on This Page
Business and Financial News Stock Market Report
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Panies
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High Point Enterprise
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Dow-Jones
L_—Exchange
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Brad Ragan
Be. Kresger
Carolina Cas. Ins
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P&l
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Steel Carp
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Justlands
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Chris Craft
Bea Baab
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Benny Marshalind
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Ryan Ho
SC Natl. Corp
Ea Systems
Jan Ve Vilshro
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Walker Shoes
Wyle Ab
Jack Seism
Parole Commission
CBS
Salzburg
Austria
Rabin
Egypt
Austin
Tex
Robert Kleasen
Mark Fischer
Kleasen
Fischer
Milwaukee
Wis
Gary Darley
Simi Valley
Calif
Dist. Atty
Bob Smith
Church of Jesus Christ of Latter-day Saints
Mormon
Smith
Express
C.L. Dennis
Brotherhood of Railway
Kennedy Scionco Graduate
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