Market Gains Rally but Analysts See It Fading
New York stocks rose in bargain trading after six days of losses as the Dow Jones average advanced to 925.42 at noon, with 743 advancers to 444 decliners on the NYSE. Analysts said the rally appears temporary without substantial positive news amid Watergate fallout, Mideast tensions, oil shortages, and high interest rates.
MENTIONED IN THIS ARTICLE
New York
Ronald Cooper
W.E. Hutton & Co
American Stock Exchange
High Point Enterprise Masthead and subscription note
The High Point Enterprise established 1884 details its Independent status and AP affiliation. Subscription rates for daily and Sunday, Sunday only, and carrier delivery are listed, with home delivery contact and advertising note including national reps.
MENTIONED IN THIS ARTICLE
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
National Advertising Representatives
A.P. Stock Averages And Dividend Notes Summary
A stock market brief explains A P stock averages and that sales figures are unofficial. It notes that dividend rates shown are annual disbursements based on the latest quarterly or semiannual declaration and lists abbreviations for special dividends, stock splits, ex-dividend dates, and other conditions affecting payouts. The glossary includes designations such as n New issue x Exdividend y Exdividend and sales in full and other coding used in the table.
Stock Index Report Highlights Mixed Noon Readout
New York equities show a blend of gains and losses at midday. The APL Noon NYSE index crosses several sectors including Transportation and Finance with minor shifts, while overall levels hover near prior marks in a cautious trading session.
MENTIONED IN THIS ARTICLE
New York
Ufility
Arab Move in Austria Was Feint
Abu Ali a 25 year old Palestinian commander said in Stern that the Sept 28 train seizure of four hostages on a line into Vienna was a feint to aid Syria’s move toward the Golan Heights. The plan, he claimed, used the incident to justify defense preparations against Israeli retaliation.
MENTIONED IN THIS ARTICLE
Austria
Hamburg
Germany
Vienna
Abu Ali
Stern Magazine
Golan Heights
Abu Salim
Czechoslovakia
Bruno Kreisky
Schoenau
False cathedral alarm tests fire strike lull
In New York city after firemen began a walkout a false alarm rang from a fire box near St Patrick's Cathedral. Picketing at a nearby firehouse listened as the West Wing alarm was checked by four cathedral officers who found no fire. Patrolmen and officers commented on the incident and the potential chaos if real.
MENTIONED IN THIS ARTICLE
New York
St. Patrick’s Cathedral
License Office Moves to New Location Next Door
The license examiners' office off Highway I-85 will close Wednesday afternoon for staff to move to a new site. It will reopen for business as usual Thursday in its new quarters next door to the current office.
Over-The-Counter Quotations from NASD Snapshot
Inter-dealer prices as of about 11 a.m. shown by EF F Hutton in High Point. Bid and ask figures cover firms such as Amer Furn Bassett Furn Coca Cola Con Publ Serv of N.C NCNB Corp Piedmont Aviation and others. figures reflect no retail markup or commissions.
MENTIONED IN THIS ARTICLE
High Point
F. Hutton & Co. Inc
ASK
Amer. Furn
Anheuser-Busch
Atlantic Pepsie
Bassett Furn
Bluefield Sup
Cameron Fin. Corp
Carolina Cartle
Loi Chatham Mfg
Coca Cola Bt. Con
Daniel Infl. Com
Dmdhd Corp
Henredon
Hickory Furn
J. B. Ivey
Lane
Life.of Carolina
Ncnb Corp
N.C
Nat. Gas
Nrthustra. Inv. Com
Piedmont Avia
Publ. Serv
Rex Plastics
Royal.Scots Ians
Attorney General To Rule On Authority Of Firings
Raleigh AP report says the attorney general will decide whether Social Rehabilitation Secretary David Jones or the Youth Development Board has final say on personnel matters. Jones disputes the board’s decision to reinstate some staff and asserts personnel is the secretary’s responsibility.
MENTIONED IN THIS ARTICLE
Jones
Meir Rejects U.S. Demand To Open Suez Aid Lines
Premier Golda Meir told a secret cabinet session in Jerusalem that Israel would not permanently open supply routes to the encircled Egyptian 3rd Army or pull back forces in Egypt. She described talks with Nixon and Kissinger as tense and difficult while warning concessions would invite further Egyptian leverage. Eyeing Cairo plans, reports say 20,000 Egyptians remained marooned along the canal as new war threats loomed.
MENTIONED IN THIS ARTICLE
Tel Aviv
Golda Meir
Egypt
Maariv
Kissinger
Cairo
Anwar Sadat
Suez Canal
U.N
Nixon aides urge bipartisan probe into possible grounds for impeachment
Senator Hugh Scott urged the Senate to back a bipartisan House inquiry to probe grounds for impeachment. President Nixon met with top Watergate lawyers and aides as Ford said Nixon can recover and finish his term if he clears up Watergate questions. In court, six of seven involved in the break-in sought new trials or withdrawals of pleas, while Liddy received a long sentence. Segretti was sentenced to six months for political sabotage in the Florida primary.
MENTIONED IN THIS ARTICLE
Senate
Republican Policy Committee
House
Hugh Scott
Washington
Key Biscayne
Fla
Nixon
Buzhardt and
Garment
Haig
Ronald L. Ziegler
Gerald R. Ford
Senate Rules Committee
Ford
Donald H. Segretti
Segretti
Florida
U.S
Gerhard A. Gesell
Federal Institution
Lompoc
Calif
Voters weigh NC bonds and mixed drinks in turnout hope
Voters decide on two bond issues totaling 450 million dollars for schools and clean water with 40 percent turnout predicted. Officials note potential for mixed drink allowances in counties with ABC boards if referendums pass. dry counties face a special vote. Leaders caution on turnout and campaign funding.
MENTIONED IN THIS ARTICLE
Grant
John J. Ryan
Charlotte
Net Citizens For Choice and Control Organization
Alex Brock
North Carolina
State Department of Natural and Economic Resources
County Board of Commissioners
ABC Board
CIA funds probe clouds Watergate official Jaworski denial
Freeman said he told Jaworski and other directors the CIA funded arrangement was requested by a CIA man. Jaworski denied direct or indirect involvement as a conduit for CIA funds, while the Houston Chronicle quoted him acknowledging possible minimal role without knowledge of the government source. The case probes CIA involvement in Watergate and cover up. House subcommittee said CIA officials were duped into helping the cover-up by White House officials, though some lawmakers suspect deeper CIA involvement.
MENTIONED IN THIS ARTICLE
Freeman
Jaworski
CIA
Central Intelligence Agency
The
Houston Chronicle
House
White House
Congress
Howard H. Baker Jr
R-Tenn
Senate Watergate Committee
Sickness Ends Prodigy Cellist Du Pre Public Career
London AP reports 28 year old cellist Jacqueline Du Pre has multiple sclerosis and will not perform publicly again. Her husband Daniel Barenboim, a pianist conductor, is cutting foreign engagements to stay by her side. Du Pre debuted at 14 at Royal Festival Hall and studied with Casals Rostropovich. She married Barenboim in Jerusalem in 1967 and has not appeared in concert since February.
MENTIONED IN THIS ARTICLE
London
Jacqueline du Pre
Daily Mail
Miss du Pre
Daniel Barenboim
Royal Festival Hall
Pablo Casals
Paul Torteller
Mstislav Rostropovitch
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Va Admiral
ActnaLltec
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Andrh
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Armco
ArmstCk
TVW
Va Bausch
Bell How
Bendix
BenflCpl
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BethSul
Biockhr
Wiha Boeing
AoiseCas
Bordenl
BunkRa
Buclindi
CarrCp
Va CartWa
Me Castle
Steeve M CalerTri
Aly Hia
Cencolnc
Bip Ag Seers Cerrocp
Cessna
Aba Abn
ChiPacuTzi
Dsi
ChrisCraft
Chrysir
Clark
Civemnz
Ene Cocacol
Kresges
Atv
Krogerl
Vaile
Wva
Calg Pal
Collins Rad
É LearSieg
LehValingd
Lehmal.sze
Va Cooper Tn
Macy
CrouHin
Dartind
Wy McDond
DelEdis
Merckl
MGM
Microdot
Disney W
MorNor
Motorola
EastAir
Baskol
Nt Steel
Fanstel Doe
Mae
Neng&ll
NiaMotte
Ve Firestone
Ayr
NL Ind
NordkWns
Va Fstini Bk
Sava
Ty Bee Frinsktel
Va FlaPow
Nos
FdFair
OlinCorp
GAF Cp
GamSk
Gpubutl
PacPetrl
TelElt
GenTirel
Am. Genesc.p
GaPac
Gerber
Va Goodrich
Penney
Goodyrtru
Pennzoil
Pepsica
Pfizer
PhilaEl
Jd Va
PhilMor Lad
Grumman
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Gulf
HoffEleirn
Java
Raiston P
Va Raythen
Idaho
InNick
SandrsAsso
Te Iwapsv
Lave
Vo SanFelat
Abyva
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Te Bat agVy
SCM Cp
KaisAlm
Kellogg
A. Kennecott
SouthCol
Va Knight N
A.P. Stock
Ind. Ralls Util
Fon
Ldi
Stevens
Siuwor
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Tampa
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Va Texacol
Timkal
Transam
TRW
Uu Ual Inc
Uniroyal
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VetcoOlish
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Vn . Weyer
White Motor
Whittaker
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Innebago
ZaleCorp
Dow-Jones
DixilynCar
EssexChem
SS FedResrees
FrontierAir
Jo SM Sve
Gresrcvle
Giant
Fiat
Jetronidad
Xaisha Dsr
Kin ArkCrp
T-L — Lafay Radio
LeewThewt
Medenco
Mitgo Elect
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Bao Vo
Permaner
Vis Phoenix Si
RathPack
Syntex
Viewlax
Vlncorp
Se SA
Wwe WestatsPa
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Wilshro
Yatesind
Fred Morrison
Jim Holshouser
Alvis M. Whitted Jr
C. A. Dillon
Butner
Gene U. Cantrell
Swannanoa
Ralph L. Foushee
Samarkand Manor
Cantrell
Buncombe County
United Farm Workers Union
Cesar Chavez
Fresno
William Marumoto
Marumoto
Ben Fernandez
California
Fernandez
Mrs. Meir
3Rd Army
Sirica
John J. Sirica
James W. McCord Jr
G. Gordon Liddy
Dean
E. Howard Hunt
Hunt
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