Market Edges Up Amid Tepid CPI News
New York stock market posted a slight gain as consumer prices rose at a 6 percent annual rate in September. The noon Dow stood at 848.24, up 1.42, with 5 gainers to 4 losers on the New York Stock Exchange. Occidental Petroleum led volume but fell 5 percent to 152 after Q3 earnings slipped to 40 cents a share from $1.25 a year earlier. The AMEX market value index rose 0.09 to 83.79 amid broad signs of economic easing and a Federal Reserve tilt toward looser policy.
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New York
New York Stock Exchange
Occidental Petroleum
American Stock Exchange
NYSE Noon Prices Show Wide Range In Trading
New York Stock Exchange prices at noon list many issues with varied highs and lows. Massive listings include Alcoa, American Motors, Coca Cola, General Electric, IBM, and numerous banks, insurers, and industrials, reflecting broad market activity and shifting investor sentiment.
Over-The-Counter Bid Asked Prices Reported
Quotations from the National Association of Securities Dealers reflect interdealer prices as of about 3 p.m. yesterday. Prices exclude retail markups, markdowns, and commissions.
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Associated Press
High Point Enterprise Subscription Rates Noted
The High Point Enterprise outlines home delivery and mail subscription rates with options for daily and Sunday editions, monthly, yearly terms, and tax details. It clarifies AP usage rights and carrier/distributor responsibilities, plus contact points for advertising and delivery inquiries.
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Tunney seeks to keep gas under controls amid deregulation
The amendment aims to retain federal controls on natural gas used by households, covering about 70 percent of U.S. production. It would require the Federal Power Commission to raise controlled price levels while keeping supplies under contract until exhausted, opposing the Republican plan to deregulate once contracts expire.
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U.S
Tunney
Federal Power Commission
Quinlan Plea Moves Court To Disconnect Respirator
In Morristown New Jersey AP Karen Ann Quinlan pleads for court permission to remove the respirator keeping her comatose daughter alive. Her mother Julia to testify supporting the wish to die with dignity and let nature take its course.
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Morristown
N.J
Karen Ann Quinlan
Karen Ann
Julia Quinlan
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Miss Quinlan
Julius Korein
Quinlans
Korein
Paterson
N-Plant Sale Faces Long Negotiations
Duke Power and rural electric cooperatives ended two days of talks with tentative plans to sell the Catawba Nuclear Station for 1.2 billion. Duke would manage construction while buyers take ownership at closing, with talks resuming Nov. 21.
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Lake Wylie
Charlotte
Rock Hill
Duke Power
Booth
Marshall Lancaster
ElectriCities of
North Carolina
Lancaster
ElectriCities
Virginia Electric and Power Co
Carolina
William
Lee
Euke
Gasoline Tax Deduction Kept By Ways and Means
Washington AP gasoline tax deduction remains in place as House Ways and Means reverses earlier plan to repeal it. About 20 million Americans may continue to deduct state and local gas taxes on federal returns, with implications for motorists and overall tax policy into next year.
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House
Ways and ‘Means Committee
Prosecutors Say Union Pressmen Obstructed Probe
Federal prosecutors in Washington charged union pressmen with obstructing a grand jury probe of strike violence at the Washington Post. Most questioned workers cited the Fifth Amendment. A separate Oct 28 conference with union leaders was set by W J Usery Jr to discuss the dispute’s impact. The Post’s presses suffered over $1 million in damage amid the three week strike.
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U.S. District Court
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Charges Dismissed Against Charles Almond in Staunton Bomb Case
Charges dismissed against Charles A. Almond, 41, after extradition, for allegedly setting a bomb that injured a Staunton resident, with the case dropped due to failure to bring him to trial within 120 days.
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Charlotte (Ap
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Charles A. Almond
Franco's Tenure Uncertain Amid Illness and Rumors
Madrid dispatch reports Gen Francisco Franco recovering after a heart attack described as an acute coronary crisis. He walks at Pardo Palace as speculation swirls on his future and a possible succession by Prince Juan Carlos de Borbon within weeks.
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Europa Press
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