Market edges up as wholesale index signal steadies gains
The noon Dow rose 2.76 to 989.22 as investors welcomed a modest 2.6 percent annual wholesale price rise in April. NYSE values show advancing issues leading decliners 7 to 6, with McGraw-Hill active but down. Composite index gained to 53.82, American Stock Exchange up 0.24 to 102.30 amid light NYSE volume. McDonnell Douglas gains on a $233 million contract. Kassar Industries up 22 to ?
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Chet
New York
McGraw-Hill
American Stock Exchange
NYSE
McDonnell Douglas
Kassar Indusines
Unclear OCR Noisy Data From a 1920s Newspaper
Fragmented text appears to mix stock listings, financial figures, names, places, dates, and column entries. Includes references to New York, stock exchanges, dividends, and various corporate entities, but OCR corruption makes a cohesive event or story unreadable.
Over-The-Counter Prices and Exchange Notes
The High Point Enterprise lists over the counter bid and asked prices, including company names and stock listings with Highs and Lows. It notes exchange data and financial figures, with coverage of market averages and selected securities.
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High Point Enterprise
Merger of Security Firms Sparks Broad Market Move
A wide market shift follows a major association report on securitizing demers and related instruments. Investors react to pricing signals across financial entities including banks, trusts, and retail groups as trading activity spikes amid regulatory and economic uncertainty.
Ruth Farkas resigns as Luxembourg ambassador
Washington AP reports Ruth Farkas, named ambassador to Luxembourg in 1973 after a $300000 donation to President Mixon's reelection campaign, will resign effective on a date to be determined. Rosemay Ginn, Missouri Republican committeewoman since 1980, is named as the likely successor.
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Washington
Ruth Farkas
Luxembourg
Richard M. Mixon
White House
Farkas
Rosemay Ginn
Missouri
Ford seeks delay in federal day care standards policy
The Ford administration asks Congress to delay the federal day care center standards, after Senate votes failed to override Ford veto. HEW says no immediate enforcement while considering an alternative to the vetoed bill, which would have postponed standards to July 1 and funded states with 312 million dollars. Publicly financed centers aid working parents. standards require specific adult child ratios.
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Ford Administration
Congress
Senate
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Smoothing Of House Senate Budget Talks Begin In Raleigh
Legislative conference committees start today to reconcile the 1976 77 state budget between the House and Senate. They finished grinding hours of meetings Wednesday with differences now measured in hundreds of thousands of dollars. Parties expect a roughly 4 percent pay raise plus 300 for each employee, with proposals for extra raises and windfall tax timing under negotiation. Leaders call the gap small and improvable as they await final alignment on funding for teacher raises, university enrollment, and sick leave enhancements. House Speaker James C Green said, I think we've got it whipped.
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API
Legislative
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Senate
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Biehly
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Jury acquits Gov Arch Moore in extortion trial
Jurors in Charleston West Virginia found Gov Arch Moore not guilty in a federal extortion case after more than seven hours of deliberation. They said the government failed to present concrete proof of a conspiracy to extort 29000 dollars from Theodore Price to win a bank charter. Moore thanked West Virginians and apologized for the circumstances, while supporters cheered in court.
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W. Va
Tla
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Cottageville
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St. Albans
Loy
Alty
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FBI plotting to discredit King and K ing kinship with government actions
Senate intelligence committee release details FBI plans to defame Martin Luther King Jr and Coretta Scott King after his assassination. Hoovers rejection of counterintelligence against Coretta contrasted with approval to brief Congress on King as a “scoundrel.” The report cites wiretap approval and offers to share recordings with reporters.
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Five Millionaires Not Among 1974 Federal Taxpayers
Washington AP Five millionaires were among the more than 3,000 Americans who earned 30,000 or more in 1974 and paid no federal income tax, according to an IRS preliminary report. The number down from seven in 1973, with 244 over 200,000 earning no tax, while many in lower brackets paid substantial shares.
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Internal Revenue Service
IRS
Holshouser testifies for river protection act
North Carolina Governor James E. Holshouser Jr told a House panel he urges rapid action to preserve the New River. He argued the river is historically ecological and legally the kind Congress meant to protect under the National Wild and Scenic Rivers Act. Reps Wampler and Butler opposed the measure, saying blocking the hydroelectric project would hurt energy supply and jobs.
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North Carolina
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James E. Holshouser Jr
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Congress
Supreme Court
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William C. Wampler
M. Caldwell Butler
R.a. Wampler
Virginia
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