New York stock market rises on optimism and policy hints
The Dow Jones industrial average climbed about 7.87 points near noon, aided by optimism on New York City's finances and expectations of a further prime rate cut. Volume reached 7.54 million shares as Starett Housing led Amex activity and Warner Rt advanced.
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Stock Prices and Local News Blend in High Point Enterprise
The High Point Enterprise reports a dense stock market sidebar with scattered company listings and price data alongside local notices. It notes Independent distribution, Associated Press rates, and subscription details, highlighting the newspaper's role in delivering regional and national information.
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New York Stock Index Report Fluctuates In Trade
A brief market update shows New York stocks moving with mixed signals as investors weigh earnings data. The Dow Jones and S&P 500 edge up while the Nasdaq drifts, with several notable names posting varied results amid ongoing sector rotations.
Claremont College Regents Pledge Toward Angela Davis Return
Claremont College in California resumes its search into Angela Davis joining as a teacher this week amid mixed reactions. The board already expresses regret over the hiring and references an offered contract reportedly signed, with an AP report noting the development.
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Republican Challenge In Mississippi Fails
Democrat Cliff Finch won Mississippi governor race with 51.3 percent as Republican Gil Carmichael trailed. Kentucky Gov Julian Carroll prevailed amid antibusing backlash, both states election of women as lieutenant governors. Bond issues failed in several states and Dems held legislative control in four. Ohio bond package of 4.5 billion was rejected.
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Rockefeller Withdrawal Roils Ford Aides and GOP
A pour of political shifts follows Rockefeller's withdrawal. Goldwater urges Reagan to reassess, saying the move dents his campaign prospects. Officials differ on Bush as defense pick, McCone backing him, Graham retires over Schlesinger firing, and Rhodes warns of party division amid the shakeup.
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Squeaky's Plea Denied By Federal Judge In Sacramento
Lynette Fromme was denied permission to change her plea to no contest on charges of attempting to kill President Ford. She chose to represent herself with a stand-by attorney after firing her court-appointed counsel. Judge Thomas MacBride required her to question witnesses and deliver opening and closing statements herself. Fromme argued the jurors could not judge her, citing her family ties to the Manson group. If convicted, she faces life in prison.
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Associated Press
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Poll shows nation fears NYC default
A New York Times CBS News poll of 778 adults nationwide finds Americans largely doubt Ford’s claim that New York City default would stay local. About 9 percent foresee a national economic impact, while 16 percent doubt any effect and 14 percent have no opinion.
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