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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 30, 1977
Page
2
The noon Dow Jones average gained 0.59 to 913.92 as gainers led 43 to all NYSE issues. The NYSE composite rose 0.06 to 54.95 while the AMEX index moved up 0.56 to 120.14. Volume reached 8.75 million shares at midday.
Select noon prices show mixed results as various stocks drift. Notable listings include AbdiLadDi and AirPra with modest gains while others like AmHop and Kroger post slight declines amid overall tame action on the New York Stock Exchange.
Stock averages show modest gains while bond averages reflect mixed results as market activity continues. Analysts note volatility in daily movements with varied sector performance and shifting investor expectations.
The High Point Enterprise lists subscription costs and delivery details for the newspaper, including monthly and annual rates and notes about sales tax. It states postal and advertising information and mentions Associated Press rights and local delivery terms.
North Carolina moves to allow rate raises after filing with the insurance commissioner. The bill limits auto rate increases to six percent yearly until 1979, sets rates via a bureau for auto, homeowners and workers coverage, and sunsets Sept. 1, 1980 unless renewed. Public debate centered on possible discrimination and how rates would be set and reviewed.
Rep Ruth Cook proposes to alter how banks and stores compute credit card interest and fees. She argues current 1% unpaid balance from prior month is fairer than an average daily balance method. The amendment would exclude new purchases from daily balance until billed. The bill also would raise merchant fees under Visa and Master Charge from 4 to 6.
The North Carolina House approved the insurance bill 57 to 48. Yes votes included Adams, Baker, Barbee, Beard, Bell, Bissell, Creech, Davenport, DeRamus, Dorsey, Easterling, Economos, Edwards, Ellis, Farmer, Fulcher, Gardner, Grady, Gregory, Griffin, Hall, F Harris, Helms, Holroyd, Hurst, J E Johnson, Kaplan, Lachot, Lilley, Martin, McMillan, Miller, Morris, Nye, Parnell, Poovey, Ray, Revelle, Rhodes, Schwartz, Setzer, Seymour, Short, N R Smith, Spoon, Tennille, Tison, Watkins, E M White, Woodard. No votes listed include Alman, Barker, Chapin, Clarke, Cullipher, Diamont, Enloe, Erwin, Falls, Foster, Frye, Gamble, Gentry, Gilmore, Greenwood, W S Harris, Hightower, Holmes, B Holt, Hunt, Lambeth, Pugh, Quinn, Ramsey, Sawyer, A N Smith, Talley, Taylor, Thomas, Ward, Webb, W S White, Wiseman, Wright. Not voting names include Stewart, Bright, Bumgardner, Cook, DeBruhi, Ezzell, Hairston, C Holt, Jones, Tyson, Warner. Excused: Bundy, Duncan, Hunter, Hux.
Prints of a sneakered foot were found at the rear of a tent where Charlotte and her sister Eleanor and Virginia Wallace slept with 44 scouts at a day camp in a park clearing. Eight scouts and two adults stayed the night. Deputies find no motive, link to earlier Locust Grove assault.
President Carter signals support for stopping B1 bomber deployment and production. He urges continuing testing and development to assess cost and effectiveness of the bomber and cruise missiles, while stressing a flexible strategic force remains essential. He cautions reality could shift if U S Soviet relations deteriorate.
The measure limits Vigilante actions against legitimate businesses and removes a clause permitting seizure of all store contents for sale. It guarantees bookstore and theater owners a court hearing within 24 hours or the next court day when a judge issues a temporary nuisance closure.
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