Dow Advances As Fed Outlook Lifts Markets In New York
The New York stock market rose as the Dow joined the advance with a 4.33 gain to 828.24 amid optimism over the Federal Reserve and hopes of easing rates. Leaders included Du Pont, General Electric, and IBM with gains, while oil issues and major indexes moved higher on improving sentiment.
MENTIONED IN THIS ARTICLE
New York
New York City
New York Stock Exchange
Wall Street
Federal Reserve
Arthur Burns
Treasury
William Simon
Ford Administration
Spark Plugs
NYSE
American Exchange
du Pont
General Electric
IBM
Senate
Getty Oil
Kerr-McGee
Halliburton
Owens-Corning Fiberglas
Sunday High Point Enterprise publication details and rates
Sunday edition notes establishment in 1884 and independence, lists address at 210 Church Avenue High Point North Carolina, membership in Associated Press, subscription rates by mail and carrier, 4% NC sales tax, and advertising representation by Ward–Griffith Company.
MENTIONED IN THIS ARTICLE
Associated Press
Ind
Rails Abi
Rails E
Util . Pan. Vd
High Point Enterprise
Church Avenue
High Point
N.C
Focal News
AP News
Post Office
Dent Contractors
High Point Enterprise, Inc
Wardé-Griffith Company
National Advertising Representatives
Nasdaq Interdealer Prices Reported by AP Quotation
Quotations from the National Association of Securities Dealers reflect representative interdealer prices as of about 3 p.m. yesterday. Prices exclude retail markups, markdowns, or commissions.
MENTIONED IN THIS ARTICLE
Associated Press
National Association of Securities Dealers
Ford Plans News Session For Tonight
President Ford will hold a news conference at 8 p m EDT in the Old Executive Office Building auditorium. The event will be live on television and radio, with networks offered time after Ford sought network coverage for a tax policy address.
MENTIONED IN THIS ARTICLE
Washington
Ford
Ron Nessen
Nessen
White House
ABC
Nelsen
Senate Blocked From Barring Sinai Rescue Ops Force
In Washington the Senate rejected an Abourezk amendment 75 to 15, keeping U S armed forces available to rescue American technicians in the Sinai amid a broader move toward President Ford’s authority to monitor the Sinai accord. The House language, adopted earlier, limits congressional approval to up to 200 technicians without granting broader war powers. Humphrey urged congruent Senate action to avoid a conference during a weeklong recess. final Senate vote set for Friday. The Sinai deployment ties to the Israel Egypt peace framework.
MENTIONED IN THIS ARTICLE
Washington
Ford
Sinai
Senate
U.S
James Abourezk
D-S.c
House
Sinai Desert
Bob Eckhardt
D-Tex
Hubert Humphrey
D-Minn
Congress
United States
Israel
Egypt
Papers Call Spencer A Dirty Trickster in Ford Campaign
Spencer named political director for President Ford's 1976 bid faces accusations from Scripps-Howard that he ran late 1960s campaigning seminars teaching bugging and spying. Spencer denies the charges, calling them from Humphreys and others. he says his campaigns stressed winning without underhanded tactics.
MENTIONED IN THIS ARTICLE
Washington (Ap
Stuart
Spencer
Ford
Scripps- Howard
Los Angeles
Scripps-Howard
Raymond V. Humphreys
Humphreys
Washington
GOP
Lee Nunn
Lawyers Rest Case In Murder Trial
The murder trial of Nelson Montgomery of Hickory opens toward verdict after the defense and prosecution rest. Christine Andrews was killed during a 1973 robbery at Jordan's Steak House in Hickory. Two co defendants, William Ancre Little and Jerry Elliott Cromwell, face separate trials later.
MENTIONED IN THIS ARTICLE
Hickory
Nelson Montgomery
Christine Andrews
Jordan’s
Montgomery
William Ancre Little
Jerry Elliott Cromwell
Hoover said King Kennedy and Tamm were his most hated men
Former FBI Director J Edgar Hoover reportedly told Atlanta Police Chief Herbert Jenkins that MLK Jr Robert F Kennedy and Quinn Tamm were the three men he hated most Jenkins confirmed a 1965 Hoover remark linked to a Burton Anderson column and recounted an Alabama patrol visit to Atlanta about King birth records and a 1965 Selma to Montgomery protest context
MENTIONED IN THIS ARTICLE
Atlanta, Ga
FBI
J. Edgar Hoover
Martin Luther King Jr
Robert F. Kennedy
Quinn Tamm
Atlanta
Herbert Jenkins
Fulton County
Jack Anderson
Jenkins
Alabama
King
Middle East
W. T. Grant to Close 201 Stores Nationwide
New York based W. T. Grant Co. said it will shutter 201 stores as part of a bankruptcy led realignment. The cuts affect 12 Arizona, 65 California, 11 Idaho, 5 Iowa, 4 Minnesota, 2 Montana, 2 Nevada, 1 New Mexico, 1 Oregon, 11 Texas, and 4 Washington outlets, reducing total stores from 1,074 to 873. Some eastern locations will also close.
MENTIONED IN THIS ARTICLE
NEW York
W.T. Grant Co
Mississippi River
Massachusetts
Northeast
Grant
Arizona
California
Idaho
Iowa
Minnesota
Nebraska
Montana
Nevada
New Mexico
Oregon
Texas
Washington
Mississippi
Durham Man Charged in Bank Robbery Case
Durham police and FBI say 29 year old Thomas Earl Winstead was arrested in Durham after noon Wednesday for the June 24 robbery of the Wellons Village branch of Northwestern Bank and Trust Co. He was seen in the federal building and taken into custody.
MENTIONED IN THIS ARTICLE
Durham
Federal Bureau of Investigation
Thomas Earl Winstead
Wellons Village
Northwestern Bank, and Trust Co
FBI
Winstead
Federal
Senate rejects break-up of oil and gas majors plan
The proposal was rejected after a 54 to 45 Senate vote. An amendment by Sen. James Abourezk to fracture the nation’s largest oil and gas companies into smaller firms was defeated.
MENTIONED IN THIS ARTICLE
Senate
James Abourezk
D-S.c
Chilean and Brazilian refugees seek asylum from Argentina
Eleven Chilean refugees and a Brazilian holding UN officials hostage appealed to international leaders for asylum in a democratic country. Negotiations have reached seven nations, including Belgium, Sweden, and Denmark, with no firm offer yet. Argentine officials would allow departure if a destination accepts them. A UN dialogue with six or seven countries continues, but no decision has been reported.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
U.N
United Nations
Federal controls on milk price rules and dairy market study
An analysis by John E. Kwoka Jr. examines federal milk marketing orders and pricing without regulation. The study, conducted during his PhD at the University of Pennsylvania and while at UNC Chapel Hill, is part of a broader review of dairy industry controls.
MENTIONED IN THIS ARTICLE
Council
John E. Kwoka Jr
University of Pennsylvania
University of North Carolina At
Chapel Hill
Bureau of Economics
Federal Trade Commission
Kwoka
Also Mentioned on This Page
Business and Financial News Stock Market Report
Akzonal
AlcanAlu Ad
AllgLudi
Bre
AllgPwl
IdCh
HdStri
Alcoa
AllisChal
ArVa
Amax
AMP Inc
AmpexCorp
ApecoCorp
Armcol
Va ArmstCk
Asarco
Wee Ashlohi
AtlasCorp
AvcoCorp
Avnetinc
Babckw
Bauscht
BradRa
SrascnAlb
Wit Va Brewerc
Buttes Goh
Cachba
CertronCp
Dixilyn
EarthRest
Faule Industrial Essex Ch
Va Transportation
ImpOi A
Va LaMaur
Lee Entr
LeewThewt
Ltvcorpwt
Marshalind
McCullOil
Medenco
MichSugla
Va Permaner
Syntex Terrac
Wilshro
ZimmrHom
Stavich
SterDr
Steven
StuWart
Bulova
Jewelc
Burlindi
Jhnmani
Wenee Tektronx
BurlNo
JohnJn
JonLogn
Telex C Tenaco
CamRedda
Eae KalsrAll
Texacoza
Vo CarrCp
Kayserr
Kellogg
Kerr McGel
CBS
Kraftco
Takeots
Kresger
CessnaAirl
Ste Krogert
Trencunap
Chrysler
Lebma
UN Elect
Tmasesen Uniroyal
Penne
CocaCol
LockhdAire
ColgPal
Loews
Pscres
Seace Combei
Utahintia
Marcort
Cooptindt
Sie
Stat Vo MarMidl
McDonalds
CurtisWr
MeadCpl
Dartind
DelMont
Inmaat
Delta Air
Mohasco
XeroxCpl
DiamShi
EastAirLin
Natind
Echlin
ElPasot
Enene EvansProd
Ethy
NewPw
Exxon
Neng&ll
FairCam
Va Niamp
Aerotron Inceg
Fairind
American Furniture
Va Norfikwas
Atlantic Pepsi
FeddersCp
Norris
Ia Bankers Trust of
S.C
Va Northrp
Branch Corp
FsiChar
Iwa
NwstAiri
S Brenner Inds
Flintkot
NortSim
Ve Burnup & Sims
Ace Capri Inc
Ipate Okiage
Caror
P&l
Caro
Stee! Corp
PacGasi
Wise
Reed Caro Cor
GAF Cp
PacPetri
Care. Bank
Central Vermont
Gannett
Wa Ia
Charter Banishes Com
GenDynam
Chatham Mfg
Cochrane Furniture
Colonial Life Cib
Yo Canner
Diamondhead Corp Genescoinc
Farmers New World Gooarht
Aw Ees First Union Cor
Franklin Life Ins
Grace
Psvcoll
Aeeee Genl
Financial
GtAuiPac
Psvegi
Va Guardian Cor
Givnfin
Ace Va HB
Publckrind
Yo Harrelson Rubber Co
Va Pueblol
Heilig Meyers
Ena
Siseti Va
Leggett & Platt
Heubinl
Life Assur
Caro Hewrick
Little Giant
HolfEictra
Tva
Lowe’s Co
Mack’s
Mom & Pop’s
Holywill
Wees Rey
Iee Va Multimedia
Houshf 1
Royccol
Aee
Northwest Fin. Corp A
INA
Provident Labs
Va Scm Cp
Eeene Rex Plastics
InNick
E— Va
Mfg
SeabCl
Salem
Sears
Shoneys Big Boy WA
ItelCorp
Natl. Corp Va
SingerCo
Seers
Spartan Food Systems
Unifi_ inc
Sperry R
Ob Hh Ua
Caro. Baneshs
Va. International
Squibb
Va. Natl. Bank B.B. Walker Shoes
StBrand
Washington Group
White Shield Co
West Knitting Corp
Stdhoh
TWA
Wright Machinery
Dow-Jones
Mindus Free Ee
Eetseeneees
A.P. Stock
NEW York Stock Index
American -Exchange
Newton
Hoover
RFK
Tamm
Grady Hospital
Selma
Ala
International Association of Chiefs of Police
Kennedy
W. T. Grant
Belgium
Sweden
Denmark
Department of Agriculture