Market rises as banks hike prime rate in quiet trading
The Dow gained 1.95 to 927.49 as banking firms boosted prime lending rates from 6% to 6% amid a broad but modest market, with three advancers for every two decliners on the NYSE and a slight overall index uptick. Sony led NYSE volume, while RCA, El Paso, Occidental Petroleum, and Pittston also moved.
MENTIONED IN THIS ARTICLE
New York
Citibank
NYSE
Sony Corp
RCA Corp
el Paso
Occidental Petroleum
Pittston Co
American Stock Exchange
High Point Enterprise Ad Rates and Office Notice
The High Point Enterprise lists subscription and advertising rates and terms. The notice states rights and responsibilities for local news reproduction by The Associated Press and second class matter status, with pricing details and contact notes for home delivery.
MENTIONED IN THIS ARTICLE
Associated Press
Ne Point
N.C
Righ Point
Enterprise. Inc
London National Advertising
Alibis Heard in Post-Conviction Hearing for Wilmington 10
Superior Court adjourned a post-conviction hearing as the defense rested its case for the Wilmington 10. Testimony focused on alibis for Rev. Ben Chavis and others, with witnesses claiming Chavis remained at a parsonage during the 1971 Mike’s Grocery fire amid Wilmington race disturbances.
MENTIONED IN THIS ARTICLE
Burgaw
N.C
George M. Fountain
Wilmington
Fountain
Betty Smith Clayton
Eugene Templeton
Donna
Chavis
Wilmington 10
Mike
Templeton
Florham Park
N.J
Gregory Congregational Church
Ben
Templetons
James Ferguson
Fayetteville
Price Cut on Folger Coffee Moves Prices Down
Procter & Gamble cuts Folger ground coffee by 25 cents a pound, lowering wholesale to 4.18 while retailers vary. Some stores price near 3.79, with economists noting little impact on retail margins. Earlier hikes and global shortages from frosts, unrest, and drought have pushed prices up, with recovery not expected until 1978-79.
MENTIONED IN THIS ARTICLE
New York
Procter & Gamble Co
Robert Wu
Procter & Gamble
General Foods Corp
White Plains
N.Y
Angola
Central America
Colombia
Carter Projecting Renewed Confidence After European Summit
AP analysis notes Carter returns from his European summit with boosted self assurance and a stronger public stance on leading the United States. He rebuffs internal critics, argues style can be substance, and asserts optimism about Western democracies facing the Communist world. He warns Middle East peace remains uncertain.
MENTIONED IN THIS ARTICLE
Washington
Jimmy Carter
United States
Free World
Europe
Carter
Moscow
Capitol Hill
Richard M. Nixon
George S. McGovern
D-S.d
Americans For Democratic Action
Patrick Caddell
McGovern
California
Edmund G. Brown Jr
Gov. Brown
Caddell
Nixon lauds Kissinger and chronicles world leaders' quirks
In Ottawa in 1975 Nixon praised Kissinger as an emotional intellectual who liked being a celebrity and quarreled with William P. Rogers before becoming secretary of state. He described Mao as devilish yet simple and Khrushchev as brilliant but boorish with an inferiority complex. Brezhnev he called safer to have near the nuclear button.
MENTIONED IN THIS ARTICLE
Nixon
Mao Tse-tung
China
Nikita Khrushchev
Kissinger
William P. Rogers
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Stock Market Report
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isCp
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Justin Tags
Hase
Kenan Transport NY Chess
Aid In Lance Inc Npt
We Lane Co
Chrysler
Mat Ve Lawe's Co
Mack's
Morn & Pop
Northwest
Occidental Life Irs Intl, Inc
People
G&t Piedmont
Shoneys Inc
Saneco
Super Dollar Textiles Inc
We Trion Inc
Unifi_ inc
UN Caro Bandishi Va. International
B. Walker Stoes
Wix Corp
Wright Machinery
Folger Coffee
Allen Dunn
Pete
Asheville
Donald Rothberg
Ottawa
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Henry
Georgetown
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