Market Dives as Prime Rate Cut Fails to Lift Stocks
New York trading mixed as the Dow falls 9.62 to 577.99 amid inflation fears and oil squeeze. Oil talks and Yemeni call for producer-consumer talks loom large while unemployment rises and Cargill shifts stance on Portland Cement stake.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
NYSE
American Stock Exchange
Ahmed Zaki Yamani
Missouri Portland Cement
Cargill Inc
Amex
High Point Enterprise Ad Rates and Contact Details
An OCR fragment from the High Point Enterprise lists subscription rates and mailing options, showing daily and Sunday editions, carrier and mail prices, and related notices. It includes multiple numbers, rates, and a stray product logo reference, but no coherent article content.
Unofficial Exchange Sales and Dividend Footnotes
The document explains that American Exchange sales figures are unofficial and that dividend rates in the table are annual disbursements based on the first quarterly or semi annual declaration. It lists footnotes describing various dividend types and conditions including extra dividends, liquidating dividends, and stock splits, with letters a through v detailing each scenario.
A P Stock Averages in High Point Newspaper Notice
The document states Associated Press entitlements for reproduction of local news and AP dispatches, with second class mail designation at High Point North Carolina, and describes responsibilities of independent contractors and the enterprise. It notes home delivery inquiries to Ward Griffith Company and National Advertising Representatives.
MENTIONED IN THIS ARTICLE
Associated Prats
High Point
N.C
High Point Enterprise, Inc
Ward-Griffith Company
National Advertiing
Inflation Strikes Medicare Crosses Budget With Hike
Washington AP reports that starting Jan 1, 23.5 million Medicare beneficiaries face higher hospital costs due to inflation. Patients pay the first 92 dollars of hospital expenses instead of 84, with daily rates rising for longer stays and skilled nursing care. HEW Secretary Caspar Weinberger says the increases align with Social Security Law and current costs.
MENTIONED IN THIS ARTICLE
Washington
Department of Health, Education and Welfare
Medicare
HEW
Caspar W. Weinberger
Nixon Hospital Stint Ends After 12 Days
Former president Richard M. Nixon is cleared to return to his San Clemente estate after 12 days of tests and treatment at Long Beach Memorial Hospital for phlebitis and a lung clot. Doctors report cancer tests negative and say Nixon faces a 1 to 3 month restricted convalescence with limited travel.
MENTIONED IN THIS ARTICLE
Long Beach
Calif
Richard M. Nixon
San Clemente
Long Beach Memorial Hospital
John C. Lungren
Nixon
Lungren
Additional Gas Tax Outlook After Ford Cabinet Meeting
Ford has not finalized anti inflation proposals for Congress and gave few details of the Capitol Hill session with GOP leaders. Archer and Nessen said Ford opposes a 20 cent gasoline tax increase though options were considered. Laird urged standby rationing authority for oil and suggested future energy tax steps. Morton to chair energy policy committee, signaling a broader role in energy strategy.
MENTIONED IN THIS ARTICLE
Ford
Congress
GOP
Arends
Capitol Hill
Congressional
Republicans
Labor Department
Melvin R. Laird
Mobil Oil Corp
Amoco Oil Corp
Standard Oil Co
Indiana
Mobil
Amoco
Archer
R-Tex
Nessen
Laird
New York Stock Exchange
Edmisten Attorneys Confer With Revenue Over Tax Case
Attorneys and accountants for Democratic attorney general hopeful Rufus Edmisten will meet today with a State Revenue auditor to seek a settlement without criminal prosecution. Revenue Secretary J Howard Cobb noted possible delinquent tax assessments for the past five to ten years if fraud is or isn’t involved. Edmisten admitted not filing NC returns during a decade while residing in Virginia.
MENTIONED IN THIS ARTICLE
Raleigh
Rufus Edmisten
State Department of Revenue
Edmisten
J. Howard Cobb
Edmiston
Chapel Hill
North Carolina
Sam J. Ervin Jr
Dn.c
Washington
Virginia
Arlington
James Carson
North
Conferees Agree On Election Bill
Conferees have agreed on a compromise bill to overhaul federal campaign finance. The measure, shaped by lawmakers from both parties, aims to curb influence and set new funding rules for national elections.
Peruvians evaluate quake toll across central Peru
Air force planes and helicopters surveyed the affected areas after a strong quake killed 44 people and injured at least 10, with 92 hospitalized and 460 treated for shock. Canete and Chincha reported up to 60 percent of homes destroyed as emergency crews cleared debris in Lima. The tremor struck at 9:21 am and lasted about an hour, echoing memories of the 1970 quake that killed thousands.
MENTIONED IN THIS ARTICLE
Raissonp
Ranco
RapidAmaath
BarWark
Inmnicki
Paner
Bulovan
Adon
Tata Wa
Burl Norl
Cessna
Knight
Sears
Kresges
Shattelez
Chris Craft
Kroger
LearSieg
Smithkline
Citicor P.ao
SonyCorp Scaregidss
Sperryr
Aiva
Ltvcorp vLuckStr
LukensStry
SlerOrug
Tvoccorp
Ala Stevens
Iin Contel
SetLykYng
Sundil Ir
CantTetel
SysironCon Be
Central Datay
Madtke
Couptad
MaraiOlgd
TelexCo Tenncal
Cewzenteg
Marcor
Ila— Tesaro P
Pte Curtis de
Martial
Texaco
Hawe
Jose Teva
Wa Texetrh
Te Dartind
McDonalds
Va Texinst
DaylPt
Ostman
Meadcp
Ae Ea
Delta Air
Aha Bala Dennys
Mercktso
Ms BowCh
Dresser
East AirLin
MiFuelsuz
Baskod
Uniroyal
Ada FairCarm
Sa AB Falrind
Natomasib
Va Bissos Ncr Cp
Ave
Varian
Bian Va VendoCo
Va fdFair
Frokin M.a
Jes Weiss
Omark
Zenthr
Associated Press
GoPac
IV Wai
Packig
PacPetri
Grace
PeanDix
Pilzer
Grumm
Va PhilaEll
PhilipMo
Morris
Szain
Homeleirn
Lima
Peru
Canete
Chincha
U.S. Geological Survey
Campaign finance bill limits presidential race spending
Senate House conferees approved final form measure setting caps on campaign contributions and expenditures. Presidential candidates from both parties could receive up to 20 million dollars in government subsidies for general elections, with a 5 million subsidy for nominating campaigns and a 10 million spending cap. Minor party candidates may receive subsidies based on vote share. up to 2 million in tax funds could finance national conventions. Public financing for Senate and House races was dropped. One more meeting planned before votes ahead of the Nov 5 elections.
MENTIONED IN THIS ARTICLE
Senate House
Senate
House
Congress
Youth Killed In Elevator Accident in Laurinburg
In Laurinburg North Carolina a 16 year old Victor Grubbs was killed Thursday when his head struck a metal beam while riding a freight elevator in a downtown department store. Police Chief N W Quick said he leaned out and struck the beam during the ride.
MENTIONED IN THIS ARTICLE
Laurinburg, N.C
Laurinburg
N. W. Quick
Victor Grubbs
Residency and tax claims hurdle UNC alum Carson in 1960s
Edmisten faced criminal and civil action for not filing North Carolina income taxes for a decade while serving as an Ervin aide. Carson, a Charlotte native, described moving through Florida Navy service and New Jersey home of record before attending UNC and UNC Law. Residency rules then required six months residence, work, voting, and tax proof, with loosening rules since.
MENTIONED IN THIS ARTICLE
Edmisten
North Carolina
Sam Ervin
Washington
Virginia
Carson
Charlotte
University of Florida
Navy
New Jersey
U.S.S. Ticonderoga
7Th Fleet
Chapel Hill
UNC
Vanora
UNC Law School
Vanore
Largest Banks Cut Interest Rate Across Major Banks
The nation's two largest commercial banks and a smaller bank cut their prime loan rate by 4 percentage points to 11 percent, effective Monday. Chase Manhattan Bank and Morgan Guaranty Trust Co. started the move last week, with Bank of America First National City Bank of New York and Mercantile Trust Co. of St. Louis joining today. A prime rate change signals possible shifts in broader loan rates.
MENTIONED IN THIS ARTICLE
New York
Chase Manhattan Bank
Morgan Guaranty Trust Co
San Francisco
Bank of America
First National City Bank of
Also Mentioned on This Page
Stock Market Report
High Point Enterprise
Church Avenue
Pitney
Rainaley
Arizona
AlcanAll
Se Allegep
Va Allglaudt
Stat
Alcoa
At&t
AMP Inc
AmpexCorp
Anacondre
ApecoCorp
Va Armecol
ArmsiCk
Bell
Bengib
Bethstz Ssuyz
Boeini
BoiseCas
Borden
Noan
Eset Nae
Transportati
Utility
Dow-Jones
Industrials
Tsmnes
Borncos
IO Industrials
A.P. Stock
Ind
Rails
Urs Atieciateg
York
Essex
Detrankind Rein
Kalsrind
Medenco
Newldria
NewparkRs
NorCan Oils
Sahibaites i
Ormand
Ozarka
Phoenisit
RishPack
ToxrashiCo
Vikoa Inc
WastatsPtl
Wilshro
U.S
John J. Sirica
Tral
Washington, D.C
John D. Ehrlichman
Leon Jaworski
Jaworski
Sirica
Bill Archer
White House
Ron Nessen
Administration
Interior
Rogers C.B. Morton
Treasury
William E. Simon
Energy
Simon
Morton
Amsterdam
Thailand
Ivory Coast
Israel
South Africa
Aalsmeer
Rijnsburg
John Chadwick
Washington (Ap
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