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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Oct 09, 1974

Page

1

Ford plan sparks mixed stock market movement in New York

The stock market wavered after President Ford's economic plan, slipping early then recovering by midday. Dow rose 2.19 to 604.8, utilities gained on tax proposals, coal stocks jumped on a shift to coal or nuclear power by 1980, IBM climbed 1 percent, and NYSE composite rose to 63.44 as trading stayed largely quiet.

Chet Carrier NEW York Ford New York Stock Exchange Congress American Stock Exchange Dow Jones Pittston IBM NYSE TMC Mortgage Investors Amex Castlec.sob Eaeratt Ava Kayser R Scherg Pl Ste Scott Pan Ie ‘Soni Sea Sears CheisCraft Pks Kresges Va Krogerl Ciicorp Dave Learsieg Yeti Smithkl Inea Charke Sol SouthGoh Aicc Sperry R Comsat Searel ContGibo Mary CrwZell Marcord Curtis DeltaAir MeadCo Denanys Va Textroni DiamSn Disney Thrittog TaddShioyd Minne Wa Wat Me Rans WaAir Bad Sa Dresser Mobuoiz Transam Mohas East Air Snate Atdlorala Easkod Whittaker WrosCos Genescolne PacGas XeroxCpl Lie Svat Associated Press York Gr A&p Ina Gan Ee PhiligMo WA Aircaine AlcanAlt Hallibtni Wes Palaroid Hecham Psocoli Igeria Pueblos Quaksio Ci Questor Hangwil Ralston P Howmett House RapidAmt Rayshense pecoCorp Ee Bay Armcal ArmsiCk Ashdoll Veifek Corp Don Lagn Jon Lavido Bencal Bengt B BM Bolaecas T Borden BorWarl NEW_YORK Bristol BritPet Brunswk BucyEriel Burling BuriNorl CalFinanl Camps

High Point Enterprise financial table note and rates list

The High Point Enterprise presents a dense table of dividend and stock terms with many footnotes about rates. It lists many abbreviations such as ex dividends and stock splits and explains how dividends are measured and declared. The page also includes subscription rates by mail, advertising reps, and publishing details.

High Point Enterprise High Point Enterprise, Inc Church Avenue High Point N.C THE Associated Press Focal News AP News Fos Datly Yi Mieetnrs Qi High Point Enterprise, Inc Ranwonsiola Werd-Griffith Company National Advertising Representatives

Ford energy plan aims to lift fuel economy and shift power

Ford proposed boosting average vehicle mileage from 13 to about 18 mpg through new engines and smaller cars. He endorsed fuel-saving campaigns but rejected new taxes or surcharges on fuel and energy. He urged coal or nuclear power for plants, aiming to end oil and gas fired generation by 1980, and announced a reorganized federal energy effort with a National Energy Board led by Interior Secretary Morton.

Ford Sawhill Congress National Energy Board Interior Rogers C.B. Morton National Energy Program Treasury William &. Simon

Rockefeller Gifts to Aides Prompt Senate Inquiry

The Senate Rules Committee asked Nelson Rockefeller to explain large cash gifts to aides and public figures. Rockefeller will provide a written explanation as hearings and audits face delays. Rep Mezvinsky calls gifts questionable for propriety and conflicts of interest, while Meavinsky withholds full gift details due to House Judiciary rules.

Rockefeller Edward Mezvinsky Dlowa House Judiciary Committee New York Senate Rules Committee Howard W. Cannon D.nev Cannon Senate Mike Mansfield Montana Hugh Scott Pennsylvania Meavinsky

Officials say bank collapse meaningless in industry

Federal officials reject fears of a banking crisis after Franklin National Bank, once the 20th largest U.S. commercial bank, was deemed insolvent by the Treasury and most assets sold to European banks. FDIC chair Frank Wille cited earnings woes and May foreign exchange losses as root causes while European-American Bank & Trust paid 125 million dollars for 1.7 billion dollars of assets and a 150 million loan was arranged. Bradford Trust Co. will take over Franklin's trust operations as New York regulators oversee the transition.

New York Franklin National Bank Treasury Department Europe Frank Wille Federal Deposit Insurance Corp Franklin Wilie

Ford proposes tax reform and higher standard deductions

Ford outlines a tax reform plan to raise about 5 billion dollars to finance new programs. He highlights boosting standard deductions from 15 percent to 17 percent with a $2,500 ceiling and increasing the basic Mat deduction to 1,400 for singles and 1,500 for couples. He also calls to remove acreage limits on rice, peanuts and cotton and to allocate fuel and fertilizer to farmers to curb rising food prices.

Ford Congress

Terrorists Agree to Free Hostages for Safe Passage

In Santo Domingo, six leftist terrorists negotiating safe conduct out of the Dominican Republic in exchange for the release of seven hostages held at the Venezuelan consulate for 12 days. Ambassador Hurwitch said final details are pending with possible flight destinations under discussion.

Santo Domingo Dominican Republic Robert Hurwitch Hurwitch Aountry Mexico Peru Algeria Joaquin Balaguer Barbara A. Hutchison U.S. Information Service Hest

Martha Mitchell seeks alimony and fees in New York

Martha Mitchell's lawyer says she needs 3000 dollars weekly temporary alimony and 35000 dollars in counsel fees from ex husband John N. Mitchell as Manhattan Supreme Court weighs the petition. His attorney counters she is living comfortably, noting she has earned money from public appearances amid a high cost of living.

New York Martha Mitchell Manhattan State Supreme Court

Morgan Opposes Surtax in Federal Budget Debate

Democratic Senate candidate Robert Morgan criticizes President Ford for a 5 percent surtax on high incomes saying it will hurt families already struggling with bills. Morgan supports a balanced budget and closing tax loopholes while praising other proposals. Opponent William Stevens calls some suggestions stringent but acceptable.

Raleigh Senate Robert Morgan Ford Morgan William E. Stevens Stevens Congress

Army chief Weyand vows to restore esprit de corps

Defense Secretary James R. Schlesinger swore in Gen. Fred C. Weyand as Army chief of staff promising to continue restoring the Army esprit de corps. Weyand, former deputy chief of staff, inherits a force that Schlesinger called buffeted by the Vietnam era, succeeding Gen. Creighton W. Abrams who died in September.

Washington Fred C. Weyand Defense James R. Schlesinger Weyand Army Schlesinger Creighton W. Abrams

Nobel Peace Prize Goes To Japanese, Irishman

The Nobel Prize for 1974 was awarded jointly to Eisaku Sato of Japan and Sean MacBride of Ireland for efforts toward nuclear weapons limitation and human rights protection. The Norwegian Nobel Committee announced they would share 124000 dollars, with ceremonies in Oslo on December 10. Critics from Japan’s Socialist Party argued Sato’s tenure as prime minister supported the U S Japan Security Pact, allowing nuclear weapons to be brought to Japan.

Eisaku Sato U.S Japan Sato Sean MacBride Ireland Oslo Norway Asia MacBride Nobel Committee Hisaku Sato Alfred Nobel Tokyo Socialist Party

Also Mentioned on This Page

Business and Financial News Stock Market Report RegisCor Asamera Banstretlt Usha Grewer Va Buttes Oil Cam Chae Pam GtBasinPet Latay Radio Medenco Wed NewparkRs Ozarka Wilsard Dow-Jones Indus Ci Feeeaaie A.P. Stock Ralie Uti Sache Netcha Bradford Trust Co New York State Banking Department House Committee On Ways and Means Committee Rafael Guzman Acosta Radhames Mendez Vargas Barbara Hutchison Mendez Martha Tim Greve Nobel Institute
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