Market Rises As Fed Moves Spur Credit Expansion
The New York stock market advanced broadly with the Dow up 3.66 to 952.46 at noon as Fed action cuts the discount rate from 5% to 4.5% and banks reduce prime rates to 6%. Gainers outnumbered decliners two to one on the NYSE, with American Telephone & Telegraph among notable gains and total volume at 8.56 million shares in two hours.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Fed
First National Bank of Chicago
Morgan Guaranty Trust
American Telephone & Telegraph
NYSE
American Stock Exchange
New York Exchange Stock Prices Mixed on Noon Show
The New York Stock Exchange index moved at noon with mixed results as traders reassessed major names including Lockheed, Merck, Coca Cola, and RCA amid variable dividend notes and ex-dividend shifts. Investors watched industrials and utilities for direction while noting yields and price changes across sectors.
Stock prices listing with multiple company names
The news item presents a blotchy stock quotation page listing numerous company names and price figures across sectors. It includes references to Texaco USFiltr TesoroPeto and other firms, along with percentage changes and index sections, all credited to The Associated Press 1976.
MENTIONED IN THIS ARTICLE
Telex Co
Texaco
WTC Inc
Associated Press
Senator Ervin says Carter era repair of finances will take time
Former Sen. Sam Ervin of North Carolina told reporters at Western Connecticut State College that mending national finances will be a long process for President-elect Jimmy Carter and the new Congress. He also criticized Ford's Nixon pardon, calling the president's pardon power greater than that of the Lord.
MENTIONED IN THIS ARTICLE
Danbury
Ervin
Western Connecticut State College
Ford
Richard Nixon
Nixon
Carter
Percege
Brezhnev Seeks Sound Relations With Romania
Soviet leader Leonid Brezhnev arrived in Bucharest to strengthen ties with Romania while Nicolae Ceausescu maintains independence. U.S. officials discuss expanding trade. observers see Roma nia pursuing nonaligned and independent policies within Comecon and the Warsaw Pact framework.
MENTIONED IN THIS ARTICLE
Bucharest
Romania
Leonid II. Brezhnev
Kremlin
Nicolae Ceausescu
Ceausescu
Brezhnev
Otopeni
U.S
Elliot Richardson
Soviet Union
Nixon
Ford
East Berlin
Moscow
Tito
Yugoslavia
Belgrade
Czechoslovakia
Explosion Injures 55 at Gum Factory in Queens
An explosion at the American Chicle gum plant in Long Island City Queens injures 55 workers, with some seriously burned and several airlifted for treatment. Fire officials suspect combustible dust ignition as a spark triggered the blast at the Warner Lambert division plant.
MENTIONED IN THIS ARTICLE
New York
Long Island City
Queens
N C Native to Assist Rosalynn Carter Transition Team
Madeline MacBean of Newton North Carolina will help organize Mrs. Carter’s move to the White House. The 37 year old former social secretary to Governor Carter and staff director will work with Mary Fines Hoyt named as press secretary.
MENTIONED IN THIS ARTICLE
Washington
Madeline MacBean
Newton
N.C
Carter
Carters
MacBean
Jimmy Carter
Georgia
Mary Fines Hoyt
Catawba County
George Frye
White House
Hunt aide criticizes Holshouser prison program as failing
Gary Pearce, an aide to Governor-elect Jim Hunt, blasts the Holshouser administration for prison construction delays. He cites overcrowding with 13,300 inmates and underused plans for a Morganton-like high rise not contracted and unlikely to open before 1980. Correction officials defend delays as beyond control while noting authorization for two high rise units in 1974 and bids planned next month.
MENTIONED IN THIS ARTICLE
Raleigh
Jim Hunt
Jim Holshouser
Gary Pearce
Hunt
Holfhouser
Morganton
Odom
Correction Dept
Caledonia
Australian publisher backs Post as serious paper despite Page 3 lift
Rupert Murdoch says the New York Post will stay a serious newspaper while he plans to boost its circulation from about 500 000. He confirms in principle purchase talks at around 30 million dollars from Dorothy Schiff, who cites tax-law concerns for selling.
MENTIONED IN THIS ARTICLE
NEW York
London
New York Post
Post
Rupert Murdoch
Murdoch
Carter Faces Dual Economic Tests from Fed and Voters
The piece compares Jimmy Carter's early economic challenge to JFK in 1960, noting the risk of conflict with Federal Reserve Chairman Arthur Burns over tax cuts and money policy. It highlights Burns' independence, inflation focus, and Carter's emphasis on unemployment, plus doubts about public confidence and fiscal spillover into savings.
MENTIONED IN THIS ARTICLE
New York
Jimmy Carter
John F. Kennedy
Arthur F. Burns
Federal Reserve Board
Burns
Ford
Carter
Fed
High Point Enterprise Local Newspaper Masthead and Notices
The High Point Enterprise presents its 1684 publication note and distribution details. Advertised rates, carrier delivery options, and Associated Press rights are listed with prices and contact guidance for home delivery.
MENTIONED IN THIS ARTICLE
High Point Enterprise Establismee
High Point Chronprise
Church Avenue
High Pont
N.C
Associated
Waly
Gmnereen Om
Associated Press
AP News
High Point
Coctuh
T High Point Enterprise, Inc
London Associates
National
Stock Market Snapshot from A P Newsprint
A compact stock table compiled by The Associated Press shows noon figures for rail and utilities, with noon values around 46.0 and 199, alongside daily changes and prior day references. The fragment includes multiple numeric codes and partial headings, indicating a typical market brief.
MENTIONED IN THIS ARTICLE
Associated Press
Actress Marisa Berenson Weds James Randall in Beverly Hills
Actress Marisa Berenson 28 wed aircraft parts maker James Randall 33 in Beverly Hills. A spokesman said the couple planned a private 10 day honeymoon somewhere unknown, with 500 to 600 guests at Randall's home. Berenson is granddaughter of Elsa Schiaparelli and star of Death in Venice Cabaret and Barry Lyndon.
MENTIONED IN THIS ARTICLE
Beverly Hills, Calif
Marisa Schiaparelli Berenson
James Randall
Marisa
Jim
Randall
Valentino
Elsa Schiaparelli
Robert Berenson
Venice
Casanova and Company
Barry Lyndon
Also Mentioned on This Page
Stock Market Report
Rexigit
Exchange
Abzora
AlcanAly
Ina
Ft AtRich
AtlasCorp
AvcoCorp
AverPa
Vu Transwair
Lai
Transam
Jew Lee
Cobody Gobia
Tom
S & Ae
Lee Lee Magig
Curtis Wr
Masivel
Gillette
A . Neuesse
Jewel
Mme Johnson Jin
Joviarg
Astaa
Kenere & Nw Kr
Kroger
LTV Corp Lear
Tsheer
Sr Stock Exchange
Se Merck
Winion
Monsen
Winndx
Wolwth Ie
MiFvei
Met Zaiecorp
mMiStTel
Ncrcd Ang Mae
Nlind
ASR
NatCan
NatOist
M&m
Niamp
de Norf
Norngs
Tecinah Tabanadinn Whononin Dhameaies Nor
Norton
NorSin
OccidPet
Oumar
Owens
C & M Rovid
Me Corp
ArminCp
Asarerao
AustraiOli
Banistroti
Bellind
BergGrums
BowVaill
BerthRes
GiantYel
Harmen
Lée
MSC
Let & Nytimes
Nolex
Dow-Jones
Exchange— New York
Amer Steewenchenpelsbuss
M& Js I
Mae Ag Ain
Unui
Sam
Jimmy
Warsaw Pact
Leonid Brezhnev
Chris Boggio
Teddy Orzechowska
Brooklyn
Warner-Lambert Company
Rosalynn
Neville MacBean
Atlanta
Gov. Carter
State of
Holshouser
Correction
David Jones
Pearce
Dorothy Schiff
Lon
Business Mirror
A.P. Stock
Ms. Berenson
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