Market declines as NYC faces potential debt default
New York City struggles to raise cash to meet a note due today as the Dow falls 3.47 to 834.38 and NYSE volume shows losses outpacing gains. A 200,000 share block of Tiger International trades at 1234 as federal money aid is reportedly denied. Market activity is cautious with wary investors.
MENTIONED IN THIS ARTICLE
New York
New York City
New York Stock Exchange
Tiger International
American Stock Exchange
Peter Peyser
R-N.y
Washington
Ford Administration
NYSE
New York Stock Exchange Index Snapshot
AP reports noon trading on the New York Stock Exchange showing mixed moves across indices. Industrials trend and several listings reflect small percentages with modest gains and losses.
MENTIONED IN THIS ARTICLE
NEW York Stock Index
NEW York
New York Stock Exchange IndexArket Co
Cccasvcevsnewenees
High Point Enterprise Advertising Rates and Delivery Info
The High Point Enterprise lists subscription and delivery options with prices for different plans including daily and Sunday newspaper access. It notes advance payment policies and tax details, along with postal and advertising representation information.
MENTIONED IN THIS ARTICLE
High Point Enterprise
Church Avenue
High Point
N.C
LP Avenue
Pension funds in dispute over cash exchange plan
Ford officials stated they would exchange funds for cash at 2 p.m. if available. Albert Shanker, president of the teachers union, met with Beame but disclosed nothing on talks and maintained his stance on teacher pension funds. In Albany, the Court of Appeals cleared the way for the state controller to use state police pension funds to raise 250 million dollars for cash-strapped New York City.
MENTIONED IN THIS ARTICLE
Albert Shanker
Teachers’ Union
Beame
Shanker
Albany
Court of Appeals
Former Sexton Claims He's Killed 42 Persons
A former church sexton from Portland testifies in Idaho on trial for two murders, claiming to have killed 42 people in satanic worship and drug dealing. He describes a nationwide chain of killings tied to a motorcycle gang and a Las Vegas casino operator, while investigators flag many claims as unproven.
MENTIONED IN THIS ARTICLE
Dee Idaho
Thomas Eugene Creech
Portland
Ore
Oregon
Nevada
California
Wyoming
Creech
Idaho
Ohio
Washington
Utah
New Mexico
Montana
Oklahoma
Kansas
Las Vegas
Nev
Colorado
Gary Hart
Dcolo
Salt Lake City
Hart
John Love
John J. Gilligan
Gilligan
Love
Supporters Rally For Isabel Peron In Plaza De Mayo
In Buenos Aires a large Peronist rally gathered with heavy security as Isabel Peron resumed office after a 32 day pause. Police searched tunnels for explosives but found none as observers anticipated policy hints from the president amid ongoing terrorism and unrest across Argentina.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Plaza de Mayo
Isabel Peron
Senate
Italo Luder
Little Ol Lady Really Owns This Used Car
In Shelby North Carolina AP report Mrs Mias Tiddy a schoolteacher owns a green 1928 Model A Ford bought new for 600 dollars. She drove it to school and back until retirement in 1958 and since then with little trouble. Now 83 and in a wheelchair she will auction the car at her home on October 25.
MENTIONED IN THIS ARTICLE
Shelby
N.C
Mias Tiddy
Reagan Seen Challenging Ford In North Carolina Primary
Raleigh AP report says former California Governor Ronald Reagan plans to enter the North Carolina Republican presidential primary next March. A statewide campaign group, North Carolina Citizens for Reagan, is to be announced with Senator Jesse Helms as chair. Helms declined to confirm details, saying he would comment at a news conference next week.
MENTIONED IN THIS ARTICLE
Raleigh
California
Ronald Reagan
Ford
North Carolina
Reagan
Charlotte Observer
Jesse Helms
Helms
Southern National reports higher nine-month profit in 1975
Southern National Corp parent of Southern National Bank reports a 2 percent drop in third quarter earnings but an improved operating profit for the first nine months of 1975. Nine-month net reaches 1,961,382 dollars or 1.69 a share versus 1,714,852 dollars and 1.48 a share in 1974.
Key West Man Rescued After Three Days on Buoy
Thomas Gibbons of Key West says he strangled a seagull for food but decided not to eat it. Rescued by a shrimp boat after the cabin cruiser sank 60 miles west of Key West, Gibbons waited for help as Coast Guard planes searched for his companions Ross and Dorothy Corwin. He clung to a buoy in six foot seas, surviving on dew and the rough shelter of the buoy until rescue.
MENTIONED IN THIS ARTICLE
Key West
Fla
Thomas Gibbons
Gulf of Mexico
Gibbons
Coast Guard
Ross
Dorothy Corwin
Corwins
Nobel Prizes Awarded in Chemistry and Physics 1975
English and Swiss scientists share the Chemistry prize for enzyme stereochemistry and molecular studies. Physics honors go to Rainwater Bohr and Mottelson for collective motion and nuclear structure. Nobel awards total $143,000 each category.
MENTIONED IN THIS ARTICLE
Leonid Kantorovich
Soviet Union
David Baltimore
Massachusetts Institute of Technology
Howard Temin
University of Wisconsin
Renato Dulbecco
London
Andrei Sakharov
Academy of Science
Rainwater
Bohn
Mottelson
Heinz denies lead hazard in canned baby juices
PITTSBURGH AP Heinz Co says an FDA report on lead in children’s diets is based on aged tests. The company cites dramatic lead reductions since 1973 and asserts no health risk from its canned baby juices. The FDA plans stricter action after a survey found higher lead in some foods, with orange juice, apple products showing notable levels in 1973.
MENTIONED IN THIS ARTICLE
Pittsburgh
Federal Food and Drug Administration
H.J. Heinz Co
FDA
Heinz
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Stock Market Report
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Publekrind
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DeltaAir
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CAI A
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Repsti
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ReynMetia
Mately
Dugh
Royccol
Clude
EastAirLin
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RyderSys
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Echlin
American Furniture
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Atlantic Pepsi Oe
Bat Ya Bankers Trust
S.C. Wa
EltraCp
EmerEl
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DM Dir
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Va SanFeint
EvansProd
Il Va Branch Corp
Va Brenner Inds
Bi Exxons
Firestar
SingerCo
Vis
Car. P&l
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SonyCp
Central Vermont NA Fmc
S.C
Formck
Ye Sperryr
Coca-Cola Co
Colonial Life Cil
Betes Starndat
Conner Homes
VesterDrug
Stevensj
Engraph Inc
Bia GaFoods
StuWorl
Fidelity Corp
GenHost
SunOilIr
Farmers New World
Ve First Union Corp
Forsyth Bank & Trust
Franklin Life Ins
Tenncol
Genl
Financial Av GaPac
Va Guardian Corp
J.B. Iveyets Exchange
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Justin Inds Bc
GtAuPac
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Kenan Transport
AbbtLab
Lane Co
Leggett & Platt Life Assur
AlcanAlu
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Teva Multimedia
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Hee Hercules
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Tihs
Occidental Life Ins
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We Phillips Fescue Alcoa
Bs Dime
Ava
Piedmont Aviation
Homesticia
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Hess
Ae Public Soc of N.can
AmAirlia
Guaity Mills A Brnds
USS P
Reid-Provident Labs
Rex Plastics
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Impicpa
Salem Carpet
Abserien
Honeys Big Boy
Wa Interlaken
Ionoco
Amt
BanstrCtLty
AmpexCorp
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BradRa
Spartan Food Systems
Synercon Corp
ApecoCar
Iowa Beef
Wat
Telerent Leasing
Archrod
HtekCorp N WA
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Thalhimer Bros
ArmstCk
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Champ Hom
Teee Transco Casam Asarco
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Cinerama
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Sim Ve Unifl Inc
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Bank Age
AvcoCorp
JoyMtgl
EarthRest
Ae— Va B.B. Walker Shoes
Avnetinc
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Washington Group
AvonPd
Ia FrontierAir
Balge
Katy Ind
Gearhart
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Kayser R
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Wright Machinery
Kellogg
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Aeene Beckmn
WY Kennecott
Hormelg
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Bendix
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LearSieg
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Ryan Ho
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Associated Press
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Associates Press
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The
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Rails Ind. Util. Fyn. L. Vd
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Sargevenee
AP News
High Point Enterprise, Inc
lard-Griffith Company
National Advertising Representatives
NEW York Exchange
U.S
Idaho Mountain
John Wayne Bradford
Edward Thomas Arnold
Grand Junction
Colo
Bruce C. Robinson
Peron
Evita
Stockholm
Sweden
England
Switzerland
John Warcup Cornforth
Shell Research Ltd
Vladimir Prelog
Zurich
Swedish Academy of Science
Academy
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