Market rally lifts Dow above 760 on tax cut optimism
New York stocks climbed as investors anticipated a tax cut bill before Easter. The Dow Jones average rose 12.83 to 760.72 with Du Pont and Eastman Kodak among gainers. Broad gains surpassed declines four to one on the NYSE as analysts cited progress between President Ford and Congress on a compromise. Glamour stocks like Walt Disney and Digital Equipment advanced while retailers such as J.C. Penney and May Department Stores improved on tax-cut expectations.
MENTIONED IN THIS ARTICLE
NEW York
Ford
Congress
Dow
du Pont
Eastman Kodak
Exxon
Sears
International Paper
Union Carbide
U.S. Steel
New York Stock Exchange
Wall Street
Senate House Conference
Robert Stovall
Reynolds Securities, Inc
Walt Disney
Digital Equipment
Hughes Toot
J.C. Penney
May Department
Into Drugs, Lived Among Radicals Prince Former Berkeley Student
A garbled AP dateline from New York lists stock prices and company names, followed by an old High Point Enterprise masthead. The readable fragment references a Berkeley student connected to radical circles, hinting at a wider crime or political narrative. The piece mixes market data with local newspaper branding and subscription notes.
MENTIONED IN THIS ARTICLE
Associated Press
AP News
High Point
N.C
Ant
High Point Enterprise, Inc
Ped
Ward-Griffith Company
National Advertiing
Prince Faisal Ibn Musaed’s Saudi royal crime shocks U S readers
Background traces Prince Faisal Ibn Musaed’s life in the United States from his 1960s UC Boulder and Berkeley years to a 1970s conspiracy arrest. Reports cite drug use, campus activism, and a claim by Saudi media of mental illness while relatives frame him as ambitious yet distressed. The piece notes opposition to Saudi modernization and rival accounts labeling him religiously driven, with witnesses casting doubt on mental derangement.
MENTIONED IN THIS ARTICLE
Faisal Ibn
Musaed Ibn
Abdul Aziz
United States
Saudi Arabia
Faisal
Radio
Riyadh
Prince Musaed Ibn
Lebanon
al Ahram
Musaed
Jidda
University of Colorado
Prince
Boulder, Cols
San Francisco Bay Area
University of California At
Berkeley
Boulder
Edward Rozek
Rozek
Arizona Republic
Republic
Khaled
Wahhabit
Desert
Los Angeles
Boulder Daily Camera
Associated Press
National Association of Securities Dealers
Aswad Aerotron Inc
American Furniture Coy
Atlantic Pepsi Bankers Trust
BirLo Basse
Burnup & Sims
Capriine Anmane Capriine
Fone
Cameron Financial Corp
Cannon Mills
Carmine Foods
Caroling
P&l
Steal Corp
Flo
Vis
Cate Carp
Central Caro
Bank Wa
U —Exchange
Central
Vermont
Loka
NEW York
Armorican
Bancshes Com
Chatham Y
CAS Corp
S.C
CocoCol& Co
Colonial Life
Baswegis Corps
Conner Homes
Asamers
Daniel
Jia
Diamondhead Corp
transCty
Durhars
Barnes Eng
Engraph Inc
API
Newark
Brasena
Fidelity Corp
Stnck Exchange
Farmers New World Industrial
Cam Ch
Bank & Trust
Wa Transportation
Financial Va Finance
Tixilyn Cor
Ah Guardian Cory Pa
Oyniein Sei
Ry Bot
Hartatson Rubber Co
Heit Meyers
Espey Mto
Bo Pe
Henrédon
Dow-Jones Fed Resrees
Investment ‘Cie A Trust
Frontier Air
Ty Sa 4A
Lance, Inc
Kenan Transport
Tvs
Dindustrials
Life Assur
Cara Leggett & Plart
Mia
Little Mint Corp Ty Tye
Little Giant
Ingtrum Sysawe’s Co. RY
Mack's
Mam & Pop's
Pat Multimedia
Ncne Corp
Kaishad
N.C
KanebSv
Ie Northwest Fin. Corp Tae
Latay
Philips
Nt Bk
Rocky Mt
San Fran Marshal
Hecisco State College
MichSu
Rmic Corp
California
Milge
Rex Plastics
Norega Oils
Salem
OKC Cp
Sonoco
Mat SC Nai
Corp W
Permaner
Sov. Natl. Corp
Phoenis
Sparten Food Systems
Ragrisind
Synercon Corp
Syntex
Apla Textiles Inc
Thalhirmer Bros
Terrase
West Knitting Corp
Yan Wile Shield Co
Why Corp
Wright Machinery Va
90 Days Beef Imports Ban Moves Through Senate
The Senate began final consideration of an emergency aid bill for farmers and voted unanimously to ban imports of foreign raised beef for 90 days. Sen. James Abourezk urged the moratorium to shield the U S meat market while Sen. Frank Moss sought to cut tobacco price supports to 70 percent of parity, challenging existing policy.
MENTIONED IN THIS ARTICLE
Washington
Senate
James Abourezk
United States
Abourezk
Frank BE. Moss
Utah
Walter D. Huddleston
Senate debates farm aid and tax cut package progress
Senators pressed for a broad farm aid measure extending parity supports for dairy and cotton while tax-cut negotiations continued. Conferees reported areas of agreement including a 1.5 billion dollar aid for poor workers and a 3.35 billion dollar machinery tax cut, with a 1.4 billion for small businesses. The debate also involved tuition on housing and oil depletion allowances as talks stretched toward Easter recess.
MENTIONED IN THIS ARTICLE
Congress
Abraham A. Ribicoff
D-Conn
Senate
House
Ford
Kissinger cites factors behind Middle East talks breakdown
Kissinger says U.S. moves toward selective reliability affected influence in other regions. He notes congressional delays on Indochina aid were not the main cause of Middle East negotiations failing. He cites concerns over the durability of U.S. assurances among allies as a factor.
MENTIONED IN THIS ARTICLE
U.S
Indochina
Middle East
Kissinger
Holshouser backs delaying food tax repeal call
Lt Gov Jim Hunt reacts to Gov Holshouser deciding now is not the time to repeal the food tax. Senators Kirby and Ramsey weigh in, calling the move responsible while noting months of work on the assumption and cautious stance by leadership.
MENTIONED IN THIS ARTICLE
Jim Hunt
Holshouser
Sen
Russell Kirby
Wilson
Senate Finance Committee
Rep
Liston Ramsey
Madison
House Finance Committee
Hoishouser
Drug Bust Involves Physicians Arrest
Winston-Salem reports about 25 North Carolina physicians to be arrested today by State Bureau of Investigation for illegal dispensing of drugs. The mass arrest would target doctors selling valid prescriptions for insufficient medical reasons, with amphetamines and barbiturates commonly involved, charged like street narcotics cases as part of a nationwide crackdown.
MENTIONED IN THIS ARTICLE
Winston-Salem
North Carolina
Winston-Salem Journal
State Bureau of Investigation
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Ito Sa
Giule Corp
The
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Burling
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Burrghs
Cadence and
High Point Enterprise
High Rooms Enterprise, Inc
Uo Churen
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Jmo
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Suncey
Cartier Whly
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Ing. Rails
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