Market slides as tax fears and fears hit stocks
New York stocks fell sharply amid profit tax worries and doubts about the Ford tax plan. The Dow lost 8.66 to 811.00 while the NYSE composite slipped to 45.54 and the American Exchange index stood at 83.48. Glamors and industrials led declines as IBM, Xerox, National Semiconductor, and Polaroid softened. General Motors dropped to 52 after a prior high.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Federal Reserve
New York City
Ford
Congress
American Stock Exchange
Imperial Oil
Middle South
Boise Cascade
IBM
National Semiconductor
Xerox
Polaroid
General Motors
High Point Enterprise Subscription Rates and Notices
The High Point Enterprise outlines home delivery and mail subscription rates including daily and Sunday options. Details reference pricing structures, sales tax applicability, and distributor terms, with standard Associated Press rights and postal classifications noted.
MENTIONED IN THIS ARTICLE
High Point Enterprise
Suni Aay
Morris
Church Avenue
High Point
W.C
N.C
Associated Press
High Point Enterprise, Inc
Jare Griffith Company
National Advertising Representativis
Eight-Hour Bank Siege Ended With Hostage Release
An eight hour siege at Bankers Trust Co in Greenwich Village ended with the release of 10 hostages and the arrest of gunman Ray Cat Olsen who claimed sympathy for the Symbionese Liberation Army and said he was a fan of Patricia Hearst. Olsen demanded 10 million in gold a getaway plane and the release of Hearst and three radicals. He was captured after negotiations.
MENTIONED IN THIS ARTICLE
New York
Greenwich Village
Symbionese Liberation Army
Patricia Hearst
Ray
Cat’’ Olsen
Merrick
N.Y
Miss Hearst
California
Frank McLoughlin
Olsen
Bankers’ Trust Co
Lower Sixth Avenue
SLA
Rate hike hearing targets directory charges in North Carolina
In Raleigh the Utilities Commission opened a hearing on Southern Bell’s proposed 32 percent rate rise. CWA spokesman M Wayne Gray opposed a 20 cent directory assistance charge after three free calls monthly, arguing it would price the service and threaten jobs. He cited job losses in Georgia and South Carolina as examples and questioned exemption mechanics for the illiterate and handicapped. The higher rates would raise yearly bills by about 6.24 million, with homeowners facing a 32 percent base increase and installation costs jumping from 15 to 46.50. Interim increases had already taken effect May 17 and July 1, pending final commission action.
MENTIONED IN THIS ARTICLE
Nwwsia
Amy
Clarke
Loews
NortSim
LongStindl
CocaCol
Tet & Pense
Ua Wap OcciPet
Smn Tae
ColgPal
Combe
Nca
Owendit
Marachada
Madisrd
Wito
Marcor
MarMid
Pankmatroc
Coopindi
Asia
CrownCork
Curtiswr
WM MeadCpl
Dartind
PhillPett
Va Midsun
Delta Air
DelMons
Monaco
DetEdistas
Dennys
MorNor
Disney
Motorola
Bbs
Duk Pwiad
Natairi
Raiston P
Natruet
We Raytheon
Soa
NatSemien
EiPasol
Mvs
Ats Sa
EmerEtys
Valor
Reyccal
New York
Sears
Frnkinm
AegisCorp
Loe
Stab Ya Singer Co
Signalco
Smithkline
SonyCo
GenDynam
Va Cachba
Gerber
GeltyOite
Goldfieldey
Ae Press
Gillettel
GlobalMar
Houston
Stevens
Goodrich
Impoil A
SiuWori
Gould
Gracel
Jetroniing
Bern
Grumm
LoewThewt
Ee Entr
Sme
Newyork (Ap
New York Stock
Gifshutiz
Marshalind
Tenncol
Texetri
Haitibin
NewparkRs
Texinsil Texsgirl
Heclam
Heubini
Transam
Elicia Rom
Ryan Hp
AllisChal
Westals
Atlan
Represen- Ve Tcootsh
AmpexCorp
WelCorp
Reich Maintative Interdesler
Anscond
Mately
Jewel
Clyde
Wachova
coCor
Hive
SanAsant
Warner
Armcd
Ee WasWall
Ita Wba
Ener ArmstCk
Me Dontogn
American Furniture Aeratron Inc
AzSrco
Ye Josensib
Whirlpol
Avon Pdl
Boy
Bae Ma Kennecott
Brenner Inds
Ole White M
Bie Kerr McGel
Kimbeli
Burrisings
WereepErs
Capri Inc
Winnebago Ven
Bausch
Bava Capri Inc
Asa
Kratical
Cannon Mills
Va Beckma
Bellows
Beecha
Ye Kroger
Vin Carolina Cas
Zenith
Car
P&l
Associated Press
Benficpl
Leursieg
Bengie
Care
Wise
Fie. A
Bank
Boeing
Central Vermont
Boise Cas
Bordens
BAT
C&s Corp
S.C
Cora-Cala Co
Cochrane Furniture
Bulawan
Diamondheld Corp
Burlindi
Durham Life
Stock Exchange Index Engraph Inc
Markel
Beenis Fidelity Corp
Gadenceind
Farmers New World Cy Maton
Wakt Ve Finance
First Union Cor
CorpPwioo
Franklin Life Ins
Forsyth Bank & Trust
CastiCk
CaterTr
Guardian Corp
Whendis
CBS
Harrelson Rubber Co
Met Henredon Furn
Heilig Meyers
Justin Inds
TOE
Isahilis
Life Assur
Caro
Lille Glant
Litthe Mint
Lowe's Ca
Mack's
Mom & Pop's Win
Multimedian
N.C
NoWestn
Northwest Fin, Corp
Occidental Life Inste
Wm Phillips
Charlotte
Mecklenburg County
Com- Piedmont Aviation
Piedmont
County Quality Mills
Rahail
Reig-Provident Labs
Taw
Asveclafet
Rex Plastics
Mtg
Po Salam
Synarcen Corp
Telarent Paeaine
Thain
Trangom
Rails Ind
Fon
Trianghe Nick
Unlch Inc
Ya Ng Sun
Cans
Washington
Father Shoes
Wihihe Shiai Co
Wright Machinery Ai
Raleigh
Communications Workers of America
The
Utilities Commission
Southern Bell Telephone Co
M. Wayne Gray
Greensboro
CWA
Gray
Georgia
South Carolina
United States
Southern Bell
Hijacker Surrenders In Manila Airport
A man hijacked a Philippines Airlines jet from Davao to Manila demanding Libya then surrendered at Manila airport after a nine hour standoff. Passenger safety was reported as all clear, with 41 released and four crew kept aboard for final leg. The hijacker Camilo Morales, about 25, claimed family grievance and mental instability after his daughter's kidnaping in Davao.
MENTIONED IN THIS ARTICLE
Manila
Fidel V. Ramos
Morales
Davao
Philippines
Ramos
Christian
Libya
Mindanao
Rafael Igoa
Cesar Alegarbos
Ford budget proposal sparks tax and spending clash
President proposes a dollar for dollar exchange of tax relief and spending cuts to restore confidence in government. Simon defends the plan as nonpolitical while acknowledging tight control and possible budget jurisdiction. Congress debates extending or expanding current tax cuts expiring year end, with Democrats warning of Social Security and veterans' program impact.
MENTIONED IN THIS ARTICLE
Ullman
Simon
CBS
White House
Ford
Congress
Connally To Keynote Ford Rally
North Carolina Republicans will feature former Texas governor John Connally as the keynote at the state convention in Raleigh with a presidential visit. Connally may join President Ford at a fundraising dinner as the convention opens November 14, with Ford's speech announced and Connally's plans still tentative. Connally, ex-treasury secretary under Nixon, was recently acquitted on a milk industry bribery case.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Republican Party
Texas
John Connally
Connally
Ford
William Russo
GOP
Hormone treatment aids hair regrowth in study patients
Estrogen was massaged nightly into scalp areas with living follicles while a sham shampoo aimed at reducing breakage was used three times weekly. The study found younger men showed greater hair growth with 74 percent improvement in ages 17 to 30 and 47 percent in ages 51 to 70.
Also Mentioned on This Page
Business and Financial News Stock Market Report
Dow-Jones
L—Stock Index
A.P. Stock
Mecklenburg
Scott Munt
Wnew-Fm
Muni
John Moriarty
D’estaing
Egypt
Cairo
Valery Giscard d’Estaing
France
Harold C. Davis
Sear
Rover
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