New York Stocks Rally as City Rescue Hopes Rise
The Dow climbs 7.48 to 646.03 as gains outpace losses about 7 to 2 on the NYSE. Pan American up 4 to 5. Citicorp advances 3 to 30. J.P. Morgan up 1 to 52. Chase Manhattan gains 1. Volume surges to 10.45 million on the Big Board with renewed institutional activity following hopes for federal aid to NYC.
MENTIONED IN THIS ARTICLE
New York
New York City
New York Stock Exchange
Washington
Arthur F. Burns
Federal Reserve Board
Pan American World Airways
American Stock Exchange
Chase Manhattan
Kewanee Industries
Stock Market Clippings From New York Trading Routine
A dense page of stock prices and reflections from the New York market, listing indices, company quotes, dividends and ex-dividend notes. Includes figures for American stocks, bonds, and several named corporations with various bid and ask values and institutional mentions.
A P Stock Averages From The Day's Trading
Market report shows mixed activity with fractional gains and losses across averages. Data indicates shifts in indices versus week and year comparisons, highlighting modest changes in key metrics and sector moves.
Baptists Elect First Woman Officer In History
ASHEVILLE AP Mrs. A Leroy Parker of Greensboro was elected second vice president of the North Carolina Baptist State Convention becoming the first woman to hold a convention officer post. She defeated Rev M O Owens of Gastonia in a runoff after topping 800 votes on Tuesday. Dr Cecil A Ray new general secretary treasurer spoke of prioritizing local church work. Ray, 52, succeeds Dr Perry W Couch as Roberts retirements loom. Privette elected president by acclamation. conservative moves to block Ray failed as Asbury drew little support. Owens unexpectedly backed Ray in runoff.
MENTIONED IN THIS ARTICLE
Asheville
A. Leroy Parker
Greensboro
North Carolina Baptist State Convention
M.O. Owens
Gastonia
Parker
Friendly Avenue
Cecil A. Ray
Ray
Texas Baptist Stewardship Division
North Carolina
Coy C. Privette
Kan~ Hapolis
Privette
Christian Action League
Republian
Perry W. Couch
Crouch
Claude Asbury
Maryland
Owens
York Area Church Leader Wins Narrow Victory at Convention
The Friendly Ave. Baptist Church pastor in Greensboro captured just over 800 votes but fell short of a majority on the first ballot. Charles B. Deane of Rockingham won first vice president. Rev. James C. Cammack of Fayetteville was runner up. James M. Bulman of Oak Ridge was defeated for reelection, while Dr. Norman Wing of Dee R. Ole secured a seat on Meredith College’s board, defeating Cliff Cameron of Charlotte. The convention also approved forming a committee to study a Wake Forest University Reynolds Foundation contract.
MENTIONED IN THIS ARTICLE
Pieaueu
Parker
Friendly Ave. Baptist Church
Greensboro
Charles B. Deane
Rockingham
James C. Cammack
Fayetteville
James M. Bulman
Oak Ridge
Norman Winging Peesicon
Dee R
Wake Forest University
Reynolds Foundation
Gulf Oil Lobbyist Gave Envelopes To Politicians
A Gulf Oil Corp lobbyist delivered envelopes to politicians and aides across years, with at least two cases containing cash. Frederick A. Myers testified to the SEC about orders from Gulf’s former top lobbyist Claude C. Wild Jr. and multiple cross country trips to hand deliver payments in offices, airports, hotels, and even a barn. Several named figures from Sen. Howard W. Baker to Gov. William Avery were reported as recipients in the 1960s and 70s. Gulf said contributions cited were from lawful funds or similarly disclosed sources. An aide noted Cannon avoided handling corporate gifts and that records from 1944 show no such contributions. Harris aides said the matter is under review.
MENTIONED IN THIS ARTICLE
Washington (Ap
Gulf Oil Corp
Gulf
Frederick A. Myers
Securities and Exchange Commission
Claude C. Wild Jr
Capitol Hill
Norwes
Myers Aiepa
Howard W
D-Nev
Fred Harris
Doxla
Edwin Mechem
R-N.m
Kansas
William Avery
Hichard L. Rovdebush
R-lod
Cannon
Harris
Franco Suffers Setback
MADRID AP General Francisco Franco faced a setback as digestive hemorrhaging intensified and heart and lung problems emerged. Doctors warned the prognosis had worsened after his second major operation to halt abdominal bleeding and substantial stomach loss left him under 80 pounds.
MENTIONED IN THIS ARTICLE
Madrid
Spain
Francisco Franco
Franco
Cuban MIGs harass coast guard plane over international waters
Two Cuban MIG21 jets intercepted a U S Coast Guard search plane 40 miles northwest of the Cuban coast during a rescue mission for a drifting two person boat. The fighters wagged wings and signaled landing but the amphibian returned to Miami, located the boat later, and towed it to Key West. No shots were fired, and the incident prompted diplomatic notes but was described as isolated. Ronald Reagan to hold Charlotte news conference amid NC primary questions.
MENTIONED IN THIS ARTICLE
Fred 8. Hoffman
Wrnter
Washington
U.S. Coast Guard
U.S
Coast Guard
Pentagon
MI6
State Department
United States
Cuba
Miami
Fla
Dimas
Key West
Fiz
Ronald Reagan
Shockley Debate Stirs USC Audience in Los Angeles
A Black geneticist quieted a noisy USC audience to allow William Shockley to finish his debate segment in Los Angeles. The controversial physicist argues that blacks are genetically inferior in intelligence, drawing protest from attendees and ongoing criticism from observers and scholars.
MENTIONED IN THIS ARTICLE
Los Angeles
William Shockley
Blackburns vote shocks Senate and sparks protest
The committee voted down Blackburn for a key post over his literacy test views, with Proxmire labeling his stance a disqualifier. Helms and others defended differing ideological grounds while debates on Shockley prompted student interruptions and renewed critique of IQ testing in social policy.
MENTIONED IN THIS ARTICLE
William Proxmire
D-Wis
Blackburn
Atlanta
Also Mentioned on This Page
Business and Financial News Stock Market Report
Stock Index
Seema A
Ib Lucksir
Ava
Marco
Marcorl
Tae
Zie Sara
Barling
Disney
Associated Preae
Soi
Monsane
Peneitaz
Aucenaua Acralea
Bard Exnaralae
Faircameo
Uae
Ang
Associated Press
Relortade Sagt Sr
Nationals
Sime GO
Pacheriae
Pacman
Clude
Pacrria
Mom i Commission
Gerperl
Pactra
Betronae A
Cory SN
Brenner Inds
Sims
Burris
RhuMore
Carolina Cas Ins
Henke
Fevesticay
Caro Bank
Vermont
Charter Baneshes Com
Holysugia
High Point Enterprise
Cryed Avenue High Poort
Wi Associated
Sunda
Fane Winsess
Corriar
H.c
Afl
Be Wella AP News Oisparines
High Pont
N.C
Real Carders
Geaters
High Paint Enterprize, Inc
Cnntec
Jara-Grittit Company
Mational Advertising
Greplyorkiar
Anita
Erdenceind
Calera
St Carliven
Castick
Celanse
Gensowville
Cortece
Mds Asascors
Samera
Newidrig
Newpark
Norcancile
Porm & Hearst
SiMe Wa Heme
Twe
Eorglion
Einencal Kenon Transport Lance, Inc
Je Cobeggent & Piatt Little Gimot Tittle Mint
Owe's
Mack's Stores
Mom Alteneale NG
Atonal Gas
Guanty Mills
Reta-Provident Labs
Ringaround
Sore Sparten Food Systems
Super Dollar Stores
Bank Washington Group
Knitting Corp Waite
Wisn Machinery
Bcaregi
SouthCot
Sonrest
Northwest Fin, Corp. NoWesta Fin
Occidental Life Vns
Phillips Fescue
Piedmont Aviation Pregmant Belt Unite
A.P. Stock
Aniecaiea
Ind
M. Fon
Dow-Jones
Jetremeottansn
Heutines
Baptists
Agr Exchange
York
Gulf Oil
Charlotte
California
Florida
Tice
Reagan
Ant
Tom Ellis
Ellis
Jesse Helms
Igan
Ford
Jim Holfhouser
North Carolina Central University
Durham
Raleigh
Shockley
USC
Senate
R-N.c
Tower, Helms, and Sons
Jake Garn
R« Utsh
John Sparkman
D- Fia
Robert Morgan
University of Southern California
Richard Goldsby
University of Maryland
Ehf
Goldsby
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