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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 02, 1977
Page
1
New York stocks fell in early trading with the Dow Jones industrial average down 2.16 to 804.75 after a sharp drop Tuesday. Volume on the NYSE at mid day was 9.03 million shares as more losers than gainers led the composite index to 49.94, with analysts citing higher interest rates and a looming wholesale price index release as headwinds.
Market summary shows 30 Industrials at 808.15, up 2.16. 20 Transports at 25.50, up 1S. Utilities at 65 with WLW-0.29. Bonds quotable near W707 48. Public utilities down 0.08 to 4.31. Industrials index listed at 107 with unclear last figure.
The Associated Press provides daily stock and bond averages with figures for previous days, week, month, and year comparisons. Included are notes on high and low prices, over the counter quotes, and standard notations on dividends, stock splits, and declared or paid statuses.
Selected stock prices for American Stock Exchange issues with high low and last figures. Data notes include ex dividends ex rights ex distribution and ex warrants statuses. Entries indicate special conditions such as without warrants with warrants next day delivery and bankruptcy or reorganized firms.
New York AP Reggie Jackson was found not guilty of criminal harassment of 13 year old Chris Howe in Manhattan Criminal Court. Judge Harold Enton ruled there was reasonable doubt after a day long trial. Howe alleged Jackson stomped his wrist after the All Star game in Yankee Stadium parking lot last July 20. Jackson and witnesses testified Howe chased him after making an obscenity about his mother.
Shirley Dei Guidice of Catonsville, Md., files a U S District Court suit claiming a five-foot KLATU department store robot frightened her 10 month old son Shaun Patrick Dei Guidice at Bamberger's in Springfield Mall last Nov 10. The store denies the incident, calling the robot normal and cute. KLATU is owned by Quasar Industries of Hackensack, N J and leased to promote an electronics sale.
Actress Nanette Fabray, 57, suffered a concussion and extensive bruising after an elephant on the Harper Valley PTA film set struck her chest and toppled her Monday night. She remained conscious at Cedars-Sinai Medical Center with doctors optimistic about a quick recovery.
Senate subcommittee hears Frank Fitzsimmons rebut former Attorney General Kleindienst who said he used friendship to steer Old Security Life Insurance Co. The leaders clash over a 1976 award to Hauser and subsequent $7.3 million in premiums redirected for non-insurance uses as unions face losses amid trucking firm negotiations and a nationwide strike.
A 12 year old Chowchilla girl testifies about the 1976 school bus hijacking detailing being entombed in a dark hot hole. She recalls fear and nosebleeds during the 27 hour abduction as James Schoenfeld Richard Schoenfeld and Fred Woods face a bodily harm count with potential life imprisonment. The defendants choose bench trial over jury.
Lexington based furniture maker Lexington-Wellington Hall Ltd. will continue operations after stockholders unanimously rejected a plan for dissolution and liquidation at today’s annual meeting. Directors re-elected were John E. Adams John C. Slane and Don W. Leonard Sr.
Durham report notes Gov. Jim Hunt supports a constitutional amendment allowing his reelection in 1980. Davenport group resists full disclosure, citing fear of antagonizing the Hunt administration. Wake County DA Burley Mitchell Jr. cites state campaign finance law for elections, while former Rep. Kitchin Josey sues to block enforcement. The appeal court weighs whether the law applies to constitutional questions.
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