Stock Prices Edge Higher On Hopes For Rate Cut
NEW YORK AP Stock prices advanced modestly amid optimism for lower interest rates. The Dow gained 2.92 to 819.43 as shares on the NYSE led a 3 to 2 advance margin. High priced movers included National Semiconductor Digital Equipment Sears Roebuck and Kodak with modest gains while Chase Manhattan fell 1 amid announced third quarter earnings cut. The composite index rose 0.28 to 46.20.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Federal Reserve
Spark Plug
American Exchange
National Semiconductor
Digital Equipment
Burroughs
Sears Roebuck
Kodak
Chase Manhattan Corp
Chase Manhattan Bank
NYSE
Stock Index Snapshot From New York Exchange
Noon NYSE index figures show slight declines in several sectors with overall market movement muted. Industrials edge down to 51.66, Transportation 50.27, Utilities drop 0.31, Finance at 43.25, while the composite shifts modestly.
MENTIONED IN THIS ARTICLE
Coopindl
Sete MtFvell
Nabisco
Natairl
CrouHin
CrwZell
CurtisWr
vPiss
Benace Natomal
Deerel
DelMont
Delta Air
Neng&ll
Dennys
DetEdis
DiamShl
Vg NL Ind
Dillon Co
M Norfthwns
Disney
Va Dorpeppr
NwstAirl
Knorton
Eaton
Q— FairCam
Falrind
Hanes PacPwl
FedOstl
PacTl
Se FiltrolCp
Pennzol
Pepsicol
Pfizer
Ve Formck
Ve PhilaEll
Neese Frackinm
Va PhilMorr
Pueblo
Zia Ve GaPac
RapAm
Goodrhl
Ya Raytheons
Goodyrl
Weene Gauldinl
Grace
Aerotron Inc
Va RepStil
American Furniture He. Eee
GtWnFin
State Atlantic
Pepsi Rio
GrGiantl
Beeen
Reyccol
Fe Blacks
Roy
Corp
GifWind
RyderSys
Brenner Inds
Burnup & Sims
Burris Inds
Hallibtnl
StroMini
Vet Its Capri Inc
Harrisl
StReg P 1
Capri Inc
Medam
SandrsAsso
Cannon Mills
Wa Hercules
Carmine Foods Breis
Heubinl
Ve SanFelnt
Ie Carolina Cas. Ins. Hewit Pk
Ee i Caro. Wise
Flo
Va Searleg
I$ Central Vermont Charter Bancshes Com
C&s Corp
S.C
Coca-Cola Co
SignalCo
Cochrane Furniture
SoCal
Lis Va Daniel Internat
Alva
SouthCol
Diamondhead Corp
Infrike
Durham Life Ins
Va Sou
Va Engraph Inc
Iai
Va Fideli Corp
Sperry R
Farmers New World
Lawa Beef
Seers StuWorl
Henredon Furn
Doy Migt
Sunoditir
Hickory Furn
Ib Investment Life& Trust
KalsrAll
Tektronx
Ivey
Kangell
Justin Inds
Kanpldls
Ateee Teledyn
Kenan Transport
Kayser R
Os Teleprmpt
Ty Weaes Ee
Kraftcol
Sein Sean
Va Textronl
Ye— Ys Mack’s
Kresgel
Multimedia
Vo Ncnb Corp
LearSieg
Trans Wair
N.C. Natural Gas
Lehpct
Ve Transam
Northwest Fin
Carp
LehValind
Piedmont Aviation
NLC
Piedmont Reit
LockhdAire
Va Unocall
Va Quality Mills
Lonestind
Eee
Tivet Hs Ranail Comm
Seeeen Salem
Mfg Luken
Bava
McDonalds
Transco Cos BM
McDond
Triangle Brick
Eeree Unifi Inc
Caro. Baneshi
Melvis Sh
MeadCpl
Va. International
Merck
Tae Tae
Natl. Bank
MGM
Sa— Ve B.B. Walker Shoes
Microdot
Ma Washington Group Midsud
West
L_-Stock Index
NEW York
New York Stock Exchange
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Rm Eer Rvereig
Over-The-Counter Bid-Ask Prices Reported by AP Quotation
Interdealer prices from the National Association of Securities Dealers are cited as of about 3 p.m. yesterday. Prices exclude retail markup, markdown, and commission.
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Associated Press
National Association of Securities Dealers
High Point Enterprise Ad Rates and Notices
The High Point Enterprise lists subscription rates and delivery terms for daily and Sunday editions, with prices for 1 month, 3 months, and longer spans. It notes independent contractors for distributors and responsibility limits for advance payments, along with address and copyright details.
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High Point Enterprise
Churchpene High-Point
N.C
Nee
Adee
Associated Press
al! AP News
High Point
High Point Enterprise, Inc
Jaré Griffith Company
National Advertising Representatives
Educator Howe Predicts Back-to-Basics School Shift
Howe argues that lower-income students face greater barriers and predicts schools will pursue a back-to-basics approach with stricter discipline. He warns that regimentation may push learning down kids throats and notes the growing impact of the women’s movement on textbooks guidance and staffing at upper levels.
MENTIONED IN THIS ARTICLE
Howe
Mac Davis Wife Files Divorce Suit in Los Angeles
Sarah Jane Davis 24 sues singer Mac Davis 33 for divorce amid irreconcilable differences after five years of marriage. They wed in Las Vegas on February 18 1970 and have no children. Mrs Davis seeks support and her share of substantial community assets in Superior Court filing.
MENTIONED IN THIS ARTICLE
Los Angeles
Mac Davis
Sarah Jane Davis
Las Vegas
Davis
Superior Court
Former Bishop Becomes Addiction Counselor in Omaha
Former Nebraska Episcopal Bishop Robert Varley recounts overcoming alcohol and drug dependency and now counsels others on addiction recovery in Omaha.
MENTIONED IN THIS ARTICLE
Omaha, Neb
Nebraska Episcopal
Robert Varley
Fierce Fighting Erupts Beirut as Cease-Fire Ends
Beirut battles between Lebanon's Christian and Muslim factions flare anew as mortars and automatic weapons fire across northern eastern and southern suburbs. Casualties rise while curfews, blood drives, and state appeals unfold amid street violence, hospital hits, and disrupted supplies.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Governors agree with President on taxes highways and energy
In Knoxville two governors sided with President Ford during an Appalachian Regional Commission meeting. North Carolina's Holshouser and Mississippi’s Waller backed his tax cut plan and energy strategy while Tennessee’s Ray Blanton criticized the event as political. Security for the parade drew over 1,000 officers. the Kings Mountain march commemorated regional frontier history.
MENTIONED IN THIS ARTICLE
Knoxville
North Carolina
Jim Holshouser
Ford
Holshouser
Rockefeller
South
Secret
Kings Mountain
Holfhouser
South Carolina
Tennessee
Virginia
Georgia
Sycamore Shoals
Tenn
Blanton
William Waller
Mississippi
ABC
James C. Holfhouser
Arch Moore
West Virginia
Fellows
Waller
White House
Louisiana
Texas
North
Ford tax cut plan faces sharp committee scrutiny
Rep. Charles Vanik cited 142 major firms paying less than half the 48 percent standard tax rate, eight paying no taxes, and 18 paying 10 percent or less. Ford seeks 28 million in permanent cuts for 1976 with a 395 billion spending ceiling. Ullman, Simon, and Michel clash over budget timing while Vanik lists firms with 1974 zero or low taxes and their incomes.
MENTIONED IN THIS ARTICLE
Ford
Ways and Means Subcommittee
Charles A. Vanik
Ohio
Vanik
Congress
White House
Ullman
Treasury
William E. Simon
House
Ford Motor Co
Lockheed Aircraft Corp
Honeywell
U.S. Industries, Inc
American Airlines
Eastern Airlines
American Electric Power Co
Allstate Insurance Co
Susidiaries
Miss Loren Gifts Rings to Build Texas Church
In Lano Texas AP Miss Loren Ronalds actress Sophia Loren is credited with sending five ruby rings to Father Anthony Goossens to auction for rebuilding the Holy Trinity mission church serving about 350 Roman Catholic families in 3000 square miles of Hill Country. The priest says the rings represent her charity and that he may need to auction them outside the parish to raise funds.
MENTIONED IN THIS ARTICLE
Lano
Tex
Sophia
Loren
Miss Loren
Father Goossens
Holy Trinity Mission
Llano Mission Church
Houston
Goossens
Holland
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