Stock Market Drops as Fed Tightens Credit
The noon Dow Jones average fell 5.26 to 921.64 as losses outpaced gains two to one amid fears of rising interest rates. Analysts linked the decline to the Federal Reserve Board’s tightening credit and higher prospective prime rates. Southern California Edison led active trading, up 3.25 percent, with Gulf Oil gaining on a large block before slipping.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Southern California Edison
Gulf Oil
Market Summary of United States Bond and Stock Prices
New York AP reports a selection of noon prices for American bonds and stocks with figures for highs and lows. Notable items include various corporate bonds and Atlas and Brascan listings, reflecting trading activity and price ranges for United States financial instruments.
MENTIONED IN THIS ARTICLE
KaisrAl
LaLand
LaPacit
Lykes
MGIC
Mobil
Exchange— New York
M& &Isc
AllgArt
Armince Ai
Atlas
Atlas Cp
Banister
Brascana
Erorce Ms
A P Stock Averages From The Associated Press 1977
The stock page shows A P stock averages with net changes and highs and lows for multiple issues. It lists figures for Boyd Railway and other listed entities, with year to date and prior day values, along with two month and two year comparisons. Prices are given in a compact table style typical of late 1970s financial briefs.
MENTIONED IN THIS ARTICLE
Exchange— New York
New York Stock Exchange
Asalta
Fere Ambac
Bae War
AmAir
de Vest
Amcan
Acyan
Agenius
AmHom
AsmiOl
AliRich
Sean
CPC
CastiCk
Vlarke Ae ClevEl
Crwnck
CrwZel
Curtiswr
Darting
Anotgga
Dayco
Deere
DeltaAir
Fedac
Haltibritt Hercules
Honywil
Jonnsini
Biorkor
Motorola Us
Ks NorSion
PhilaEi
PhilMor
Philimet
PhiliPetwi
Pitney
SunCo
TexCos
McInd
Uniroyal
Sega
UnTech
Vetco Messes i
Vaepw
Wachova
Walthim
Wincom
Ernest
Wodirt
Willems
Associated Press
Notenel Association of Securities Dealers
Imm Guity
Mmamerican Furniture
Bankers Trust of
S.C Wa
Beaman
M. Ans Soene “ Brenner
Burnup & Sims
Piatt “ A. Mint
Lowe's Co
Mack's
Um & Mom & Pop's
Ncnb Corp
Tame NC Natural
Br Boyd
Seer Shawn Robbins Still Raking In Psychic Fees
The article profiles Shawn Robbins a high profile psychic who predicts crashes helps police and serves as seer for the National Enquirer. It lists quaint superstitions such as carrying a graveyard rabbit foot and avoiding May marriages while noting Robbins offers private readings for fifty dollars. The piece confirms Robbins plans to continue in the business.
MENTIONED IN THIS ARTICLE
Major League of Psychics
New York Police
National Enquirer
Shawn Robbins
Stock Index Data From New York Exchange Noon Report
The item presents a noon index snapshot from the New York Stock Exchange with numbers for industrial, transportation, and utilities, alongside publication data for The High Point Enterprise. It notes pricing for subscriptions and delivery options, typical of a 20th century newspaper classifieds page.
MENTIONED IN THIS ARTICLE
Stock Index— New York
New York Stock Exchange
Transportation
Ban On Fluorocarbon To Eliminate Aerosols
In a joint declaration the FDA EPA and CPSC proposed a two year ban on fluorocarbon aerosol sprays to protect the ozone layer. The plan would end nearly 700 million pressurized containers, with essential exemptions for contraceptive foams asthma inhalers and cancer cytology fixatives. Public hearings will gather comment over 60 days.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
FDA
Environmental Protection Agency
Consumer Product Safety Commission
David Kennedy
Carter Plan To Limit Hospital Inflation Faces Skepticism
Washington AP The hospital industry warns Carter administration limits on hospital cost inflation could trigger arbitrary rationing of advances. Secretary Califano defends curbs, arguing many cost cuts boost care and reduce unnecessary spending while 100000 of 240000 community beds are unused.
MENTIONED IN THIS ARTICLE
Carter
Washington
Califano
Liggett and Myers strike talks continue in Durham
Negotiations between Liggett and Myers Tobacco and the Tobacco Workers International Union continued with no clear progress. L&M said strikebreaker turnout was good and more workers returned, while union machinists who struck earlier reopened per legal guidance. Teamsters Local 391 stayed on strike demanding an unlimited cost of living increase, the core issue. Interviews resumed to hire replacements for fired strikers with no violence reported.
MENTIONED IN THIS ARTICLE
Twiu Local 176
J.T. Carthen Jr
Teamsters Local 391
TWIU
L&m
Mrs Foy Named Symphony Trustee
Governor Jim Hunt appoints Mrs John C Foy of High Point to the North Carolina Symphony Society Board of Trustees for a four year term. She replaces Sally Lee Cone of Greensboro who completes her term. Foy is a retired Ferndale Junior High School teacher with degrees from Meredith College and Columbia University and serves on multiple local groups.
MENTIONED IN THIS ARTICLE
Raleigh
Jim Hunt
John C. Foy
High Point
North Carolina Symphony Society
Foy
Sally Lee Cone
Greensboro
The
Symphony Society
Ferndale
Meredith
Silence blamed for hindering Delaware student shooting case
Investigators say Joe Proceno delayed telling what happened after Hugh Sanders Jr. was shot near Dunn. Bass was charged with murder but the charge was dropped when no weapon was found. Proceno’s mother defends her son, citing shock and close friendship.
MENTIONED IN THIS ARTICLE
Smithfield
N.C
Delaware
Joe
University of Delaware
Hugh C. Sanders Jr
Proceno
Art Copson
Robert L. Bass
Dunn
Bass
Twisdale
Sanders
Joseph P. Proceno
Wilmington 10 case: Hall and Mitchell recant testimony
Former witness Hall and co defendant Mitchell recant key testimony in the Wilmington 10 case. State Attorney League questions trial veracity as Superior Court Judge Fountain weighs setting aside 1972 convictions. Hall describes pressure and offers of release, money, and law enforcement involvement.
MENTIONED IN THIS ARTICLE
Hall
Mitchell
Richard League
Superior Court
George M. Fountain
Chavis
Wilmington
Wilmington Rege In 107 Hall Ended Two Days of Testimonyhe Rev. Eugene Templeton
Donna
Morristown
N. J
Gregory Congregational Church
League
Templetons
Fountain
North Carolina
Jay Stroud
Allen Cobb
Jerome Mitchell
Cobb
Dow Jones Averages Snapshot and Market Moves
Ultralight stock listing shows mixed sessions with industrials around 921.64 down 5.26, transportation up 0.64, utilities flat, bonds steady, and public variables unchanged. Industrial index near 06.31 with slight dip, overall market edges lower on day.
Reading Program Expands Under Hunt Plan Across Grades
Haskins explained that federally funded programs remain funded by federal money while Hunt program funds cannot replace them. Next school year about 15 million will expand the program to roughly 2,700 classes. The following year funding doubles and classrooms rise above 5,000. By 1981 the program reaches all 8,400 first to third grade classes at roughly 50 million dollars annually.
MENTIONED IN THIS ARTICLE
Haskins
Also Mentioned on This Page
High Point Enterprise
Business and Financial News
Stock Market Report
Tandyett
Technicr
Tektronx
A.P. Stock
LafyRad
Mitchié Wi
Risdon
Ryan
iDe
Univis
Lee
Wamon Ale
Associanes Press
Eehal
Tonties Inc
High Ros Enterprise
Church Avenue
Associated Oe
Eat N.C
Figh le Enterprise Inc
London Associates
National
Liggett and Myers
Dow-Jones
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