Stock Market Rises on Hopes for Lower Bank Rates
New York trading edged up as investors priced in a probable cut in bank lending rates after First National Bank of St Louis lowered its rate from 8 to 7 percent. The Dow rose to 850.83 as advancers topped decliners, with profit taking and NYC finances cited as dampening factors.
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New York
New York Stock Exchange
First National Bank of St. Louis
New York City
A.P. Stock Averages Report Over-The-Counter Prices
Quotations from the National Association of Securities Dealers indicate interdealer prices as of about 3 p.m. yesterday. Prices exclude retail mark-up, mark-down, or commission.
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Associated Press
National Association of Securities Dealers
Stock Index Wrap as Markets Slip at Noon
New York stock trading at noon shows minor moves across major groups. Industrial shares edge higher with notable gains in certain sectors while transportation and utilities indices shift modestly. Finance also trends up slightly as overall market sentiment remains cautious.
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The High Point Enterprise Publisher Information Notice
The High Point Enterprise, an independent paper since 1884, lists subscription rates by mail and carrier with regional tax notes and advertising representation details. It outlines mail subscriptions in North Carolina with tax, carrier delivery options, and agency acknowledgments for national advertising.
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Box discipline sparks outrage in school case
Relatives of a 12 year old boy allege a classroom box used as punishment caused distress and behavior changes. The mother, who asked for anonymity, says the boy tears clothes and wanders at night. School officials defend isolation as a reform tool once used in war zones.
Female Terrorist Says She Won't Surrender
In Monasterevin Ireland a siege enters its third day as Eddie Gallagher and Marian Coyle hold hostage Tiede Herrema in a row house. Coyle refuses to let Gallagher release the hostage and police say no deals will be made. Neighbors assist with food and a psychologist is brought in to study monitored conversations.
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Panel Advises Ford To Limit Traveling
Washington AP panel of Ford advisers urged the president to cut domestic travel and stay in Washington to press Congress. They sought broader GOP input on issues, noting fundraising difficulties due to his position. Attendees included Laird Scott Dole Callaway Douglass Cheney. Ford’s pace is blamed for the campaign strain but has raised over 2.5 million dollars for state GOP groups.
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Donald Rumsfeld
Who Controls U S Energy Resources Findings Report
Washington AP governments faces a lack of reliable data on who controls energy resources. FTC study notes it is impossible to determine proprietors of coal oil gas and uranium on public lands. Oil firms hold about 35 percent of coal and 90 percent of uranium reserves.
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Tion
Prisoner Mankins speaks after escape and murder verdict
A Germanton North Carolina native, Mankins, sentenced in 1973 to two life terms for kidnapping assault on a federal officer escape and murder, reflects on prison life and resilience. He questions the treatment of inmates and asserts defiance, saying no prison can break his spirit and that freedom remains a goal if given the chance. He cites his belief in facing danger but coping with it and living to laugh again.
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Marion
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Tim
Fall Market Opens with Extended Viewing and Bicentennial Plans
France Britain and Canada pavilions showcase goods as a nine day market begins earlier this year to give buyers more time. Meeks notes retailers still ample inventory but rising sales. buyers from 22 states attend first-time registrations as motels fill. SFMA reports year to date shipments and sales down while upholstery and case goods show uneven recovery. Manufacturers hope for a gradual upturn to avoid inflationary pressure.
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London town crier brings British charm to High Point market
Howard, a Dunkirk veteran and town crier since 1948, travels from Lambeth to promote British exports. On a summer visit to the Isle of Wight he carries news on a motor scooter, meeting crowds and sharing anecdotes from a regal, extrovert role passed through generations.
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South
Plans To Work Despite Strike In Hartford
Gov. Ella Grasso says American women will have to get along without her when they strike Oct. 29 against sex discrimination. I’m not going to strike because I have to go to work, she said, the nation’s only woman governor.
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Conn
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