Stock Market Falls on Inflation Worries and Weak Gains
The AP reported a sharp slide in the stock market led by inflation concerns. The noon Dow fell 10.48 to 591.05 with losers ahead of gainers in light New York trading. Coca-Cola dropped to 45% and J and L surged after LTV raised its offer. The NYSE composite declined to 33.00 as volatility persisted.
MENTIONED IN THIS ARTICLE
Chet Carrier
NEW York (Ap
New York Stock Exchange
Westinghouse Electric
American Stock Exchange
Coca-Cola
Wall Street Journal
Jones & Laughlin Steel
LTV Corp
J&l
NYSE
Java
Va Wachova
BucyErie
Natomasib
Vitante
BunkrRa
NevPw
Associated Press
Clark
CocaCol
Divis
PacPw
Comsat
Panam Air
AirLin
Penney
PaPwhileo
Ste. Nha
Wwe
Pitney B
Polaroid
CewZell
Ava
Curtis W.me
Deerel
Dennys
Bae
Questor
Ralston P
Disney
ReichCh
East Afria
Va Restvoil
Reviow
Asrcchaleg
Eaton
Beyind
SandrsAsso
FedvMtéa
SanFenit
Kl. A
Dayard
Sears
ForMck
Sanel
Singer
Lew Ft
Casi
GenescoJnc
Abbr LK Bms
Wi & A
Tampae
Ennco
Arizona
Grumm
Wise
Tesorop
AlCanAl
Va Texaco
Kel
Textron
Hallibal
Thiokol
New York
New York Algoa
Hess
Wits Heubleint
Sam Transam
EriConz
Big Industria
AmAirin
Uniroyal
Asmeldso
At&t
AmpexCorp
Interlakez
Vn —Exchange
Anrich
AtlasCorp
Wa Wek Corp
Exchange
Agnetine
Va Jewelc
AggisCorp
Jtoniaul
Asamera
Bauscht
Crys
Jostens
BansirottLt
Alasta
BealFds
Grasen Alb
Kaiser Alul
BentiCp
Kellogg
Certronco
Vathlé Bengte
Ama
ynstrumSys
Lockhdaire
Loews
Jelronkind
KanebSv
Lafay Radio
LoewThewt
Ltvcorpwt
taveer _ Magvox
Newpark Rs
Marcora
McDonalds
RothPack
Resrisiatla
Synlex
MGM
TexasiniCos
Wilshrothery
MorNar
Motorola
ImHorn
Mifuslsua
High Point Enterprise established in 1884
The High Point Enterprise in High Point North Carolina announces its establishment in 1884 as an independent newspaper published daily and Sunday morning. It lists office at 210 Church Avenue and notes AP membership and subscription rates for mail and carrier delivery.
MENTIONED IN THIS ARTICLE
High Point Enterprise
Church Avenue
High Point
N.C
Associated Press
Focal News
AP News
Post Office
The
Focal
Ward-Griffith Company
National Advertising Representatives
Ex dividend terminology and classifications
The note lists terms used for dividend and distribution actions. It defines ex dividend codes such as x dis and vo ex dividend with references to stock dividends, sales in full, calls, and warrants. It also mentions statuses like in bankruptcy foreign issues and distributions timing phrases.
Duke Power Restores No 1 Unit at Belows Creek
Duke Power Co reports restoration of No 1 unit at Belows Creek Station near Winston Salem after it tripped Friday due to technical problems. Routine service resumes for Duke Power customers.
Terrorists Abandon Demands at Dominican Consulate
In Santo Domingo the Venezuelan Consulate siege ends with terrorists dropping a $1 million ransom and prisoner release demands. They seek safe conduct out of the country to Mexico or Peru after declaring conditions intolerable for hostages and themselves. Radames Mendez Vargas spoke to police and media from the consulate window. The government halted negotiations and Archbishop Polanco Brito did not return, signaling a hard line from authorities.
MENTIONED IN THIS ARTICLE
Santo Domingo
Dominican Republic
Mexico
Peru
Radames Mendez Vargas
Hugo Polanco Brito
Rafael Guzman Acosta
Carter's Presidential bid signals 1976 run
Reports from sources close to Governor Jimmy Carter say he plans a strong push for the Democratic nomination in 1976 with a formal announcement within months. Carter has not publicly confirmed plans, while aides defer comments until after the November elections.
MENTIONED IN THIS ARTICLE
Atlanta
Jimmy Carter
Carter
Jody Powell
Emergency Plans Made If Coal Miners Strike
Washington AP reports the federal government is drafting contingency plans to divert coal to other industries and embargo exports if a miners strike occurs next month. The memo from the Federal Energy Administration outlines reallocating up to 40 percent of new coal deliveries under possible federal control to prevent outages, preserve jobs, and avoid production cuts. It also notes potential legislation to impose an electricity standby tax and mandate reduced production and services.
MENTIONED IN THIS ARTICLE
Washington
Federal Energy Administration
Interior Department
Associated Press
FEA
Nixon aides drift through pretrial motions in Watergate case
The first testimony may slip to midweek as Nixon lawyers seek to excuse the former president from testifying on health grounds. Ehrlichman faces a double jeopardy challenge over conspiracy and obstruction charges. Prosecutors add Richard A. Moore as an unindicted co conspirator, bringing total to 20, with potential further names. The government hints that others may be part of the alleged conspiracy beyond those named.
MENTIONED IN THIS ARTICLE
Richard M. Nixon
Sirica
Ehrlichman
Watergate Grand Jury
Richard A. Moore
Nixon
John W. Dean
Moore
Senate
Herbert J. Miller
Nixon’s
Compromise Hikes Viet Vet Benefits
Vietnam era veterans would gain a 23 percent rise in educational benefits retroactive to Sept. 1 under a Senate House conference compromise costing $1.48 billion. Benefits would include a $600 loan per veteran and extended eligibility from 36 to 45 months for undergraduates, with monthly payments rising to 270 for single veterans and higher for those with spouses or children. Dependents over age 2 receive increased stipends, and Rep. Lin E. Teague urged a Ford administration position paper as support. a veto would face strong opposition.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Ford
Lin E, Teague
D-Tex
Teague
Cooperative May Oppose Vepco Hike
Raleigh NC AP ElectriCities of North Carolina plans to intervene against a 31.27 percent wholesale electricity price increase proposed by Virginia Electric & Power Co. The group, with 72 member cities and towns including 16 Vepco customers, will study records and may meet Vepco before the Dec 2 filing with the Federal Power Commission. North Carolina customers affected include Greenville Elizabeth City Washington Tarboro Edenton Belhaven Hertford Windsor Robersonville Enfield Scotland Neck Winterville Ayden Oak City Hobgood Hamilton.
MENTIONED IN THIS ARTICLE
Raleigh
N.C
Marshall Lancaster
ElectriCities of
North Carolina
Virginia Electric & Power Co
Lancaster
Vepco
Federal Power Commission
ElectriCities
Virginia
Greenville
Elizabeth City
Washington
Tarboro
Edenton
Belhaven
Hertford
Windsor
Robersonville
Enfield
Scotland Neck
Winterville
Ayden
Oak City
Hobgood
Hamilton
Mobil Gas Price Cut By 2 Cents
Mobil Oil Corp lowers gasoline price by two cents per gallon aligning with federal rules tying wholesale costs to crude oil. The cut primarily benefits company owned stations while independent dealers may or may not pass the savings to customers, with regional price variations and undisclosed wholesale figures.
MENTIONED IN THIS ARTICLE
New York
Mobil Oil Corp
House Cuts Nixon Expenses Amid Watergate Controversy
The House voted to reduce Nixon expense money to 200000 while rejecting a full pension cutoff amid Watergate backlash. Senate action looms as Ford’s veto threat grows on an 8.4 billion supplemental bill. A bid to seize Nixon tapes and papers as public property was approved.
MENTIONED IN THIS ARTICLE
Washington
House
Richard M. Nixon
Senate
Ford
Nixon
White House
Congress
Jerome R. Waidie
Dcalif
Waildie
Howard W. Robison
R-N.y
William Hungate
D-Ma
Penses
Addabbo
Louis Stokes
Ohio
Sidney Yates
D-Ill
Saudi oil minister warns of new Middle East war if Israel not retreat
Sheik Zaki Yamani, Saudi Arabia’s petroleum minister, tells 17 newsmen in Washington that another war could break out within six months unless Israel withdraws to 1967 borders. He argues a full withdrawal would allow Arab OPEC members to push oil prices down and cites Saudi role in pushing energy security and conservation. He also notes Arabs’ growing military strength and urges U.S. leadership to influence peace talks.
MENTIONED IN THIS ARTICLE
Barry Schweid
Associated Press
Washington (Ap
Sheik Zaki Yamani
Saudi Arabia
Middle East
United States
Israel
Yamani
Organization of Petroleum Exporting Countries
OPEC
Iran
Venezuela
America
U.S
Saudi Arabi
Also Mentioned on This Page
Business and Financial News Stock Market Report
Hi-Shear
Amex
Frank B. Klaus
Klaus
A.P. Stock
Dow-Jones
Stock Index
E. F. Hutton & Co, Inc
ASK
Amer. Furn
Anheuser Busch
Atlantic Pep
AY Bassett Furr
Bluefield
Cam. Fin. Corp
Coca Cola
Daniel Int. Com
Dmndhd. Corp
Henredon
J. B. Ivey
Vis N.C. Nat. Gas Ncnb Corp
NW Inv. Co. TM
Phillips Fos
Duke
Gov. Carter
Mobil Gas
House Judiciary Subcommittee
Abraham Lincoln
Joseph P. Addabbo
D-N.y
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