U.S. stocks rise on favorable financing outlook May 2 1975
The Dow up 9.86 to 840.82 as investors cheer Treasury borrowing plans. Emerson Electric leads NYSE activity while Great Western Financial Ahmanson and Federal National Mortgage rise. unemployment hits 8.9 percent in April with employment up for first time in seven months.
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New York Stock Exchange
Treasury
Emerson Electric
American Stock Exchange
Great Western Financial
Ahmanson
Federal National Mortgage
NYSE
Syntex
Amex
New York Stock Prices Reported By AP
The Associated Press notes noon prices from New York markets with extensive trading figures. The report lists numerous securities, bonds, and indices, highlighting fluctuations and closing values across industries and companies.
Philippine officials plan arrests of former Vietnam leaders
Philippines officials said they would arrest former South Vietnamese officials arriving on US bases. Nguyen Cao Ky, once vice premier and air marshal, was reported aboard the carrier Midway due to dock at Subic Bay Naval Base. Details on charges and on-base arrests were not explained.
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Nguyen Cao Ky
Midway
Subic Bay Naval Base
Olegario
U.S
Thousands Of South Vietnamese refugees moved toward U S ports
Washington AP thousands of refugees were being ferried by the U S Navy to sanctuaries abroad while officials weighed how many would reach America The Pentagon cited total evacuees over 75000 on U S bases abroad and on ships with about 30000 aboard a Vietnamese flotilla Hancock carrier to reach Subic Bay Philippines by 9 PM EDT with 2001 evacuees aboard including 101 Americans 1815 Vietnamese and 85 third country nationals on U S bases in the Pacific 35319 California 4381 on the U S mainland and 2000 processed afloat headed to sponsorship locations Refugees arrived at Ft Chaffee Arkansas and met by the governor with smooth initial reception.
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U.S. Navy
U.S. Immigration Service
America
Pentagon
Vietnam
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U.S
Pacific
Hancock
Laitin
Camp Pendleton
Calif
Marshal testifies that White House ordered rally exclusion
In 1971 Ernie Helms testified that William Hinkle ordered him to eject people from a Billy Graham rally at the Charlotte Coliseum. Helms, a VFW member and rally marshal, said age or gender did not drive the removals, and he acted under Hinkle’s instruction to manage line formation and evict disruptors. The suit seeks about 1.03 million dollars from Haldeman and others. witnesses differ on details.
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Billy Graham
Charlotte
Helms
U.S. District Court
Hinkle
Charlotte Coliseum
France seeks Khmer Rouge aid for stranded truck convoy
d Estaing said Paris is pressing Phnom Penh authorities and the Khmer Rouge across the river border for the fate of a humanitarian truck convoy. French official Marc Bonnefous hailed the group by loudspeaker as rain fell, but no reply came. Khmer Rouge later said the group ran out of gas 30 miles from the border amid unclear status.
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Bonnefous
Thailand
Jean-Louis Toffin
Khmer Rouge
Phnom Penh
Paris
Sirik Matak
Cambodia
Pentagon says U S retains title to donated aircraft
Defense Secretary Schlesinger said the United States retains little to all air craft given under assistance programs. The Pentagon estimates South Vietnam's new Communist leaders hold more than 5 billion dollars of weapons and equipment supplied by the U S. Officials note the figure is original equipment cost and much inventory is unusable or in poor condition.
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United States
James R. Schlesinger
Pentagon
South Vietnam
Chrysler Plans Higher Prices After Big Loss
Chrysler Corp. will raise 1976 car prices following a $94.1 million first quarter loss for 1975. Chairman Lynn Townsend called the increases absolutely unavoidable and cited industry need after GM signaled similar plans. Analysts expect overall auto profits later in the year despite weak sales.
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Chrysler Corp
Lynn Townsend
Townsend
General Motors
Oscar 4. Lundin
Newspaper prices rise nationwide amid higher costs
The Associated Press reports print costs push prices up across the United States. The New York Post will raise newsstand prices from 20 to 25 cents next Monday. The Walla Walla Union Bulletin hikes home delivery to 3.50 monthly while keeping daily price at 15 cents and Sundays at 25 cents. Other papers like The Boston Herald American and The Boston Globe have already increased to 20 cents. Additional papers including Portsmouth Herald and Democrat and Chronicle have followed the 15 to 20 cent rise.
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Tax loophole protests in North Carolina debate
North Carolina lawmakers confront a tax exemption allowing wealthier residents to dodge state income taxes. Critics say the loophole shifts tax burden to the federal government and hurts widows and retirees, while proponents cite fairness concerns and potential reforms like a minimum tax. The dispute includes letters and testimony from Sen. McNeill Smith and Rep. Kirby, who seeks changes to close or rebalance the system.
MENTIONED IN THIS ARTICLE
North Carolina
Fred
Uncle Sam
Sen. McNeill Smith
D.guilford
General Motors
Kirby
Smith
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