Carter Victory Triggers Sharp Stock Market Slide
New York stocks tumbled following Jimmy Carter’s election victory as the noon Dow Jones average fell 11.39 to 954.70. The NYSE saw widespread losses with a 9 to 1 lag of losers over winners. Brokers cited profit taking by traders who had speculated Ford might win. Oil shares weakened on fears of a tougher political climate for the industry.
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New York Stock Exchange Noon Prices Snapshot
Selected noon prices for NYSE issues show mixed gains and declines across many firms. Notable entries include Air Prod, Alcan, Ampex, AT&T, Coca Cola, Gen Electric, IBM and Exxon with varied last trades and percent changes.
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Market Brief: New York Exchange Indices Edge Higher
Stocks edged up as the New York Exchange showed modest gains amid mixed trading. Investors rotated into tech and financials while concerns over rates kept gains restrained.
Dow Jones Noon Averages Report
The Dow Jones noon stock averages show mixed moves with the industrials and bonds slipping while utilities hold near parity. The data lists indiced levels such as 9470.1 for the index and various price changes across sectors, reflecting a tentative afternoon trading session.
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Election results list by North Carolina congressional districts
North Carolina returns show voting totals for 11 districts with percentages. Key figures include Preyer and Fountain, Jones and Ward, and Neal and Mizell. Libertarian and Labor candidates trail with around two percent. The district totals highlight wide margins for several incumbents and notable minor-party performances.
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The High Point Enterprise presents its masthead and subscription pricing. It lists mail and Sunday rates, carrier delivery, and NC tax details, noting Associated Press reuse rights and independent contractor carriers in High Point NC.
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Margin Of 12 Per Cent Wins N.C. For Carter
Carter captures 56 percent of North Carolina vote for 13 electoral votes defeating Ford 56 44. Carter victory marks first Democratic win in state since 1964, aided by heavy turnout and strong local backing from Lt. Gov. Jim Hunt, Sen. Robert Morgan, and Sam Ervin Jr.
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Carter Narrow Ohio Lead May Face Recount
President elect Jimmy Carter held a slim Ohio edge over Ford with 2,005,413 to 2,002,461 votes as ballots remain uncounted. Secretary of State Ted W. Brown urged county boards to take special precautions for ballot security amid potential recounts. Metzenbaum defeated Taft for the Senate seat. Luken and Pease won House seats. three constitutional amendments on utility regulation failed.
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Carter Wins Presidency as Carter Seizes National Vote
Carter edged Ford in a close nationwide race winning 272 electoral votes and carrying 22 states plus the District of Columbia. Turnout neared 52 percent of about 150 million eligible voters, with Carter delivering a unifying victory speech in Atlanta and Mondale set to become vice president.
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