Stock market extends rally on inflation and rate hopes
New York stocks surged in heavy trading as the Dow rose 15.73 to 646.75 led by gains in utility and capital goods shares. Wholesale prices posted their slowest September rise in 11 months while a small St. Louis bank cut its prime rate. Terra Chemicals International led Amex volume, while Litton Industries dragged on the NYSE with a large block trade.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
St. Louis
Litton Industries
American Stock Exchange
Ford
NYSE
Terra Chemicals International
Amex
High Point Enterprise staff and address notice
The High Point Enterprise rates and contact details for subscriptions and distribution are listed, including daily and Sunday combos and carrier rates. The notice outlines distribution arrangements, associated taxes, and AP news rights.
MENTIONED IN THIS ARTICLE
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
Associated Press
Wkly
N.C
NC Judge Carsons Pardons Ties Follow On Bench Action
James Garson who joined the North Carolina Court of Appeals last year helped obtain pardons for two clients from Governor Holshouser while still an attorney. He later left the bench to become attorney general and is running for the post. The News and Observer cites Oct 10 1973 parole pleas and a Feb 21 1974 pardon, noting Brax factors and lack of comment from Garson. Officials say the code requires judge compensation disclosures, but Garson has not filed, and censure or removal would follow only if the rules apply after resignation.
MENTIONED IN THIS ARTICLE
David R. Nelsen
Associated Press
Raleigh
James Garson
Court of Appeals
North Carolina
Carson
News and Observer
Jim. Holfhouser
Robert Morgan
U.S
Senate
Holshouser
William Harris
Mitchell Watts
Concord
M.H. Hand
State Paroles Commission
Walter Brock
Theo Browne
Appeals Court
Brock
Supreme Court
The
Holfhauser
Interdealer OTC quotes from NASD at 10 a.m.
The NASD over the counter bid-ask quotations, supplied via B F Hutton at their High Point office, show interdealer prices around 10 am. Prices exclude retail markups, markdowns, or commissions. Listed firms include American Furniture, Anheuser Busch, Bassett Furniture, Cam Fin Corp, C Cola, NCNB, Piedmont Aviation, and others with varying bid and ask percentages.
MENTIONED IN THIS ARTICLE
High Point
B. F. Hutton & Co. Inc
American Furniture
Anheuser Busch
Atlantic Pepsie
Bassett Furniture
Bluefield Supply
Cam, Fin. Corp
C.cola
Daniel Int. Com
D-head Corp
Henredon
Hickory Furn
J. B. Ivey
Piedmont Avia
Se Pub. Ser
N.C
Ford shift on fuel economy sparks questions at White House
The Ford proposal for fuel savings appears to shift base from 1974 to 1978 models, alarming FEA officials who say the impact differs because 1978 cars already show a 13.5 percent gain. Mayo Stuntz notes uncertainty as Ford’s sudden plan outpaces prior FEA proposals. Michael Duval could not be reached for comment.
MENTIONED IN THIS ARTICLE
Ford
FEA
Mayo Stuntz
Stuntz
White House
Michael Duval
Smuggling Syndicate Ties Highlight Interstate Efforts
A Pennsylvania tax official told the Eastern Seaboard Interstate Tax Enforcement Group that organized crime is involved in cigarette smuggling and that cooperative state action improves results. He noted seeking federal LEAA funds to support cross state investigations as representatives from many states and federal agencies attended the meeting.
MENTIONED IN THIS ARTICLE
Springfield
Mass
Pennsylvania
Paul Landau
Pennsylvania Bureau of Cigarette and Beverage Taxes
Eastern Seaboard Interstate Tax Enforcement Group
Landau
LEAA
Federal Law Enforcement Assistance Agency
Dis
Federal Internal Revenue Service
U.S. Treasury Department
Connecticut
Georgia
Illinois
Maine
Maryland
Massachusetts
New Jersey
New York
New York City
North Carolina
Ohio
Rhode Island
Virginia
William Toomey
Massachusetts Department of Corporation and Taxation
Bureau of Excises
Eleven Boys Charged In Bank Thefts Across Border Towns
In El Paso, Fabens, Van Horn, and Anthony New Mexico, eleven local youths aged 10 to 20 faced larceny charges for the apparent theft of $41,000 from six banks over 30 months. FBI noted no details on how money was taken while a Border City Bank executive described typical loss of $6,000. Eight youths were arrested Tuesday and appeared before a U S magistrate Wednesday with bonds set at $20,000 each.
MENTIONED IN THIS ARTICLE
EL Paso
Tex
FBI
Fabens
van Horn
Anthony
N.M
Howard Hudgeons
Border City Bank
U.S
Saigon Protest Draws Massive Demonstration and Police Attacks
Hundreds march through Saigon against President Thieu as Buddhist demonstrators clash with police. Western newsmen are beaten while filming scuffles, injuring CBS and Time reporters. one AP photographer rushed to hospital. Demonstration stems from a decree allowing government newspaper confiscation.
MENTIONED IN THIS ARTICLE
Wireyhote
Saigon
South Vietnam
Nguyen van Thieu
Thieu
National Assembly
Haney Howell
CBS
Time Magazine
Barry Hillenbrand
Howell
Copperhill Tenn
Associated Press
Neal Ulevich
U.S
Hillenbrand
NCNB Earnings Decline in First Nine Months 1974
NCNB Corp reports consolidated income of 16.583 million for the first three quarters of 1974 before securities losses and gains from selling a subsidiary, versus 20.050 million in 1973. Earnings per share stand at 0.98, down from 1.19, with net income after losses at 1.02 per share.
MENTIONED IN THIS ARTICLE
Storrs
Stock conference faces record low attendance and grim outlook
About 325 analysts paid the 265 registration for the four day fall conference, down from 800 a year ago. Cappiello warned the market could plunge the western world into its worst mood, while Hedberg urged cautious optimism and argued many stocks are undervalued, suggesting an upsurge may follow. He added that buyers emerge when markets show problems and blood in the streets.
MENTIONED IN THIS ARTICLE
Cappiello
Wall Street
Robert D. Hedberg
New York
Federation
Cappiella
Kissinger Visits Cairo Ahead of Mideast Talks
Secretary of State Henry Kissinger spends the day sightseeing in Cairo before talks with Egyptian President Anwar Sadat on Middle East peace. Ramadan limits daytime meetings. after sundown the talks may run until 2 a.m. Sadat seeks a Geneva session before year end.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Henry Kissinger
Anwar Sadat
Middle East
Sadat
Kissinger
Saladin
U.S
Washington
Geneva
United States
Soviet Union
Mills Denies Involvement in Police Probe
In a conference call Mills claimed no involvement. Arthur suggested it was Rep Mills. Oscar Goss echoed denials. Mrs Battistella, 38, hospitalized with injuries and described as a stripper, was later released as reporters noted a high rise in Crystal City near Washington.
MENTIONED IN THIS ARTICLE
Mills
Arthur
Rep. Mills
Oscar
Gene’’ Goss
Greek Composer Theodorakis Receives Ovation in Athens
Greek composer Mikis Theodorakis drew a standing ovation from a sellout 50,000 crowd in Athens for his first public performance in Greece in eight years. The concert at a soccer stadium featured his compositions, many written during his imprisonment and later in Paris after his 1970 release from junta-era ban.
MENTIONED IN THIS ARTICLE
Athens
Greece
Mikis Theodorakis
Theodorakis
Lefist
Paris
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Business and Financial News
Case Stock Market Report
Mao
Raythen
Tava Ya Rcai
le Burrghs
Ftoe
Stateyavell
Cartydall
Castiec
Aves Kayser R
ABA
Chris Craft
LenValindo
SonyCorp
Cocatel
Lenmni
SouthCol
Va Sperryr
Petr
StBrand
ConrAlrLin
LaPacit
SterDrug
Sa Wiz
Wits
Macmill
Tampa
Indza
As Wit
Tekironx
Crowntork
Magvox
Ie Sh Teleprmpt Ag
Texaco
McDonalds
Va Deeret
McCond
Textron Io
Dennys
Merck
Dresser
duPoalée
Ihe
MorNor
EastAirtin
Motorola
Nabisco
Eltracp
Ava
ErmerEl
Be Fairind
Uptown
Lela Leya
Natomasib
NCR
Elresto
Nortikwas
Swat
Winnebago Boer
GenDynam
Omark
Zale Corp
Zenith
Sian
Pactty
PacPetrl
GaPac
Va P
Gwmettel
GiobalMar
Pascolne
Arizona
Penney
AllenCp
PaPwLdl
Pennzoil
PepsiCol
Allastrt
GIASP
Pfizer
AllisChal
Phila&t
Ofa
Philip Mo
Grumm
PhillPet
Hess
Harris
Eueblal
ArchDan
Ameo
Ee Idahop
ArmsiCk
Asdorg
Cpa
Alren
AflasCorp
AvcoCorp
InIndstiz
Interlake
Benticp
Ra’ Wit
Bockhr
Vite Boise Eas
He Borden
BorWwart
Hs BrisiMy
BuddCo
High Fein Foe Rite
Ward-Griffith Company
National Advertising
Dow-Jones
A.P. Stock
Prats
Jan de
L-Exchange
Sreerical Stave Exchange
Neowovices
Aegis Cor
Asamera
de Banstreis
Cinerama Ang
Pat Va Dillard St
Essex Chern
FedResrees
FromierAir
Kaneb Sv
ArkCro
Radisan
Lee Enir
TuftcoCorp
Crime Syndicate Said
NCNB
Ismail Fahmy
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