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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 21, 1977
Page
2
The Dow Jones average climbs to 928.34 as investors cheer data showing slower consumer price gains in May. Sony leads NYSE volume while Twentieth Century Fox and Columbia Pictures pull back after recent gains. Tandy advances to 27 1/4.
The New York Stock Exchange noon index shows market activity with a 14 cent change and a $5.13 industrial reading amid mixed trades. Details include a 59.4 reading and a 026 figure as part of the midday report.
The High Point Enterprise announces advertising and subscription rates for mail and Sunday editions, detailing options for six month and one year periods and highlighting AP news use. The notice lists postal and distribution details, with a disclaimer about carrier payments and independence of distributors.
Stock averages indicate mixed moves with the Dow and related indices showing declines and gains. Bond averages for rails and utilities report daily values, with prior day and weekly comparisons and notable lows from late 1970s figures.
AMERICAN Exchange New York reports noon prices for numerous issues with many listings showing narrow gains or losses. The table lists highs, lows, and closing figures for various stocks including Altec, Atlas, American Water, and many industrials, reflecting a cautious session as traders weigh results and market signals.
Cape Town reports the death of a 26 year old Italian woman after Christiaan Barnard grafted a baboon heart to her failing heart. The operation was a last resort when a human heart was unavailable. tissue matching was not possible and the baboon heart proved too small to sustain circulation.
Geraldine Brooks an actress with a 30 year span in theater film and television died of cancer at 49 in Suffolk Hospital Riverhead New York. She was wife of Budd Schulberg and had recently completed a Baretta episode and eyed another TV job. Memorial set for Quogue Wildlife Refuge next Sunday. Her career included work with Anna Magnani and Vittorio Gassman and two Emmy nominations plus a Tony nomination for Brightower though the show failed.
Yitzhak Rabin transfers prime ministership to Menahem Begin in Jerusalem. Begin to visit Washington July 18 for talks with President Carter after a warm invitation. Begin to grant asylum to 66 Vietnamese refugees rescued in the South China Sea. Histadrut election looms as Begin seeks greater labor federation influence.
Survivors of the Chicago police raid that killed Black Panthers Fred Hampton and Mark Clark seek appeal after U S District Judge Joseph Sam Perry dismissed a 47.7 million civil suit against seven policemen who fired in the predawn 1969 raid.
The Carter administration backs nationwide interest on checking accounts with safeguards for banks. Blumenthal said benefits to depositors exist but fees for frequent check writers could offset gains. A temporary cap on interest is proposed with Fed assistance to offset costs, amid debate on overall taxpayer expense.
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