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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 11, 1976
Page
4
New York trading saw a mixed session as profit taking trimmed early gains. The noon Dow fell to 1,007.24 while Boeing led activity at 34 and the NYSE composite edged up to 4.92 with volume rising to 11.31 million shares in two hours.
NY AP report shows noon national prices for New York Stock Exchange listings across sectors. It lists prices for various companies and index figures, with corporate names, sector codes, and trading values, reflecting market activity and notable shifts in the day.
The report notes interdealer quotation activity from the National Axyocs show of Securviwa Dears, with 46 pricing marks indicating bid offers. Prices cited exclude retail markup, handling, or commissions.
The American Stock Exchange and New York markets display varied activity with notable company names such as Vermeer, Central, and Forsyte finding movement. Investors watch prices rise and fall across sectors as traders react to early January activity and any shifting incentives from prominent firms.
Tom Broughton of Raleigh will become acting director of the Division of Economic Development June 1. Georges Little announced the appointment after Bob Leak resigned to head the South Carolina Development Board. Broughton is the current assistant director.
The High Point Enterprise publishes its weekly rate card and carrier information. It notes that the Associated Press content may be reproduced and lists delivery terms, advertising, and subscription details for mail and street distribution in High Point and surrounding areas.
Premier Alda Moro accused critics from the Christian Democrats and other groups of exploiting the earthquake relief crisis for political gain ahead of the June 20 national election. The cabinet authorized 140 million dollars for rebuilding as relief efforts faced accusations of disorganization and delays amid a tally of missing and dead.
North Carolina bankers urged to take an active role in shaping a stable economy. Wachovia's John F Watlington Jr linked deficits with inflation and volatile markets, stressing public confidence. John P McNair elected NCBA president. former president John F McNair Jr. honored in history.
Charlotte AP reports UNCC, expanding its athletic program with men in four sports and women in five, has named Roy Parker as its first fulltime fundraiser for the Athletics Foundation. Parker is 27 and a 1973 graduate. The article notes UNCC basketball reached the NIT finals last season and mentions the Belk Foundation recently gave $50,000 for athletic scholarships.
A Bolivian military figure, Zenteno Anaya, who led the Bolivian military region and later served as foreign minister, army chief of staff, and armed forces chief, faced events surrounding Che Guevara's death. The account notes his rise after Guevara's capture and reflects on postings including Paris in 1973.
Washington AP testimony before a Senate Government Operations subcommittee exposed a rotten meat procurement system. Edward Kehl said G and G Packing substituted knuckle for sirloin tip and sent meat to Blue Ribbon Freeze Foods, with potential illegal profits up to 192 000 yearly. Cooperating inspectors described bribes, prostitutes, and paid hush money to avoid hassles.
Researchers in Los Angeles report that THC drops eye pressure, reducing glaucoma risk. Early trials in rabbits show pressure decreases up to 30 percent with THC like substances, though high levels and derivatives vary in effect. A major drug company seeks federal permission to test these on humans.
Robert A. Georgine, head of the AFL-CIO Building and Construction Trades, challenged union reports claiming under 5.5 percent of journeymen are minorities and under 1 percent are women. He noted blacks are 19 percent of construction union apprentices, but many apprentices cannot work due to two decades of double-digit industry unemployment.
A report from the intelligence committee details FBI requests to the IRS for tax returns between 1966 and 1974, and CIA access to tax data on at least 13 occasions via unofficial channels. It cites intended use in counterintelligence and lists groups like the SCLC and SDS, with most requests granted. The document is part of 13 volumes backing a final report on domestic spying.
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