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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 12, 1976
Page
3
New York stocks eased as activity waned after Tuesday’s attempt at a yearly high. The Dow Jones average fell 1.02 to 1005.99, with declines edging advances on the NYSE. Pan American World Airways dropped 4 percent in a 420000 share block trade as the AMEX composite slipped to 54.79.
The record lists prices, company names, and numbers across a cluttered New York page. It references Marten and various entities, with scattered figures and dates, presenting a snapshot of market quotes and items in a wide OCR fragment.
The table shows over the counter prices for shares and bonds with listings for Sabie 78 and related securities. It includes stock indices, mortgage and bond figures, and references to American Furniture, Fidelity, and other firms with noted price points and fluctuations.
A St Petersburg wig shop owner Dan Pendergast says he will mail a novelty Ford coverup wig to the President. The item is described as harmless and a lighthearted gag in response to Ford’s public image. The owner mentions a $120 price and asserts the wig is ready for mailing to the White House.
In Bessemer City Edgar H Gott uses water from a 180 foot well to heat his real estate office. An electrically pumped, earth warmed water runs through a heat pump to heat in winter and cool in summer, costing about $1.15 per day with backup electric heaters and a ventilation fan. University expert questions temperature gain from depth.
Augusta Maine AP a group calling itself the Hampton Unit of the People s Forces claimed responsibility for two bomb explosions at Central Maine Power Co headquarters in Augusta. A letter warned of continued attacks to oppose CMP rate hikes and nuclear facility expansion. No injuries. the blasts damaged office equipment but not the computer center.
Patricia Hearst prepared to face William and Emily Harris in a court hearing aimed at severing her ties from the Harrises in a 1974 kidnap and robbery case. Hearst, a convicted robber, faces Inglewood shooting linked charges as her psychiatric evaluation continues in San Diego before a possible June trial.
In Udine and Gemona authorities report more tremors shaking quake devastated northeast Italy. Four people feared buried under rubble as houses collapse and the Gemona arts palace suffers heavy damage. A police captain and civilian are struck by falling debris. injuries reported in Braulio di Trasaghis.
Senate Government Operations panel questions six Army Health Services Command and Veterinary Corps officers in a bribery inquiry into military meat contracts. Witnesses allege New England firms G and G Packing and Blue Ribbon Frozen Foods paid bribes and provided prostitutes to inspectors to avoid quality checks. Irregularities included ungraded, inferior beef cuts billed as prime for Army meals, with profits cited at about 197000 dollars daily in 1974.
Michigan returns show Reagan widening lead in Republican delegates while Ford trails, with Nebraska and West Virginia tallies shaping the race. Carter leads Democratic delegates as Udall warns the Carter bandwagon may be losing steam amid mixed results across states.
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