Market slides as prime rate hikes spread bank lending costs
New York stocks fell with losers outnumbering gainers 4 to 3 on the NYSE as banks raise prime lending rates to 7 percent. Citicorp kicked off the sixth rate increase this year, Exxon fell 5 percent, and volume dipped to 7.20 million shares amid Veterans Day effects.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
White House
Federal Reserve
Exxon
NYSE
American Stock Exchange
New York Stock Prices Report for Exchange Listings
National price table lists New York Stock Exchange issues with bids offers and changes. Entries include Avnet Avon Bank of America and Citigroup style markers with varying percentages and last prices.
MENTIONED IN THIS ARTICLE
W York
New York Stock Exchange
S . Sa
BankAm
New York
Ama
AegisRp AllegAir AlldArt
Ascie
Armina
Austraio AutmRad
Dynellé
EarthRes
Mitchie
Risdon
Market Microcosm of American Stocks Across Sectors
A cluttered financial page lists numerous stocks and percentages from diverse sectors including industrials utilities and tech. It shows prices and percentages for companies such as Texaco Texaco and Polaroid amid scattered figures and market movement cues.
High Point Enterprise Subscription Rates Advertisement
Subscription rates for daily and Sunday editions, weekly and carrier options listed. Newspaper notes mail and tax terms and advertising representations.
American pilot barred from Austria over refugee flights
Barry Meeker, a Hartford native and helicopter pilot who ferried refugees from Czechoslovakia to West Germany in 1974 and 1975, has been ordered to stay out of Austria. Czech authorities pressed the action after Meeker crossed Austrian airspace in 1975 and a Czech court sentenced him in absentia to 10 years. a Munich court had fined him but that fine was overturned on appeal.
MENTIONED IN THIS ARTICLE
Munich
West Germany
Czechoslovakia
Austria
Klaus Goebel
Barry Meeker
Hartford, Conn
Goebel
Meeker
Bavaria
Nessen Defends Newspapers as TV Falls Short Says Media Critique
Ron Nessen former Ford press aide and NBC reporter warned at Whitman College that broadcast journalism is shallow and simplistic unable to tackle complex issues or long-term social trends. He praised newspapers and radio while noting TV excels at portraying conflict and dramatic events.
MENTIONED IN THIS ARTICLE
Walla Walla
Wash
Ron Nessen
NBC
Nessen
Ford
Whitman College
Mrs Trudeau Watches New York Marathon Finish in Central Park
Margaret Trudeau and Bruce Nevins observe the Central Park marathon finish. Trudeau, estranged wife of Canada’s Prime Minister, has started a photography career and did not seem to bring a camera.
MENTIONED IN THIS ARTICLE
Margaret Trudeau
Canada
Bruce Nevins
Perrier Mineral Water
New York
Central Park
Trudeau
Humphrey Bets Ford On Michigan Minnesota Game
Former President Ford and Sen. Hubert Humphrey made a $5 wager on the Michigan versus Minnesota football game. Humphrey won after Minnesota stunned top-ranked Michigan 16-0, with a 20-point Michigan edge agreed in the bet.
MENTIONED IN THIS ARTICLE
Minneapolis
Ford
Hubert Humphrey
D-Minn
Humphrey
Minnesota
Michigan
Prince Goes West on Texas Ranch Tour
Prince Charles rode with Tobin and Anne Armstrong near Armstrong, Texas, wearing cowboy gear but on an English saddle. The three day visit includes Houston Space Center and a stop at the Alamo in San Antonio. The prince praised the cattle care, noting flies on the herd.
MENTIONED IN THIS ARTICLE
San Antonio
Alamo
Tiny Tim and Miss Vicki Set Divorce Hearing
Camden New Jersey AP Tiny Tim and Miss Victoria Budinger divorced case moves to court after a 1975 filing and a December 1973 separation. She seeks no alimony while Tiny Tim, on tour in Florida, fights for custody of daughter Tulip, age six. The lawyer cites religious belief in the couple’s union.
MENTIONED IN THIS ARTICLE
Camden
N.J
Tiny Tim
Miss Vicki
Florida
Vicki
Victoria Budinger
Haddonfield
Tulip
Philip Paley
Panama approves canal treaties in large turnout referendum
Panama's nationwide referendum showed 149 178 yes and 76 311 no in 910 districts with about 30 percent of eligible voters participating. Officials expect final results to rise to 70 75 percent in favor, with Gen Omar Torrijos predicting U S Senate ratification.
MENTIONED IN THIS ARTICLE
Panama City
Panama
Omar Torrijos
U.S. Senate
United States
Torrijos
Eighth Floor Fire Causes Major Losses
Fire on the eighth floor caused losses estimated between 40 000 and 50 000 with no serious injuries. Five firefighters were treated and released for smoke inhalation and heat exhaustion at High Point Memorial Hospital. A Minnesota man was briefly trapped in an elevator but rescued with oxygen supplied by firefighters. Jules Seler of Minneapolis, a buyer for Contemporary Showrooms, was freed after firefighters broke into the elevator. The cause may have been an elevator malfunction due to extreme heat melting controls.
MENTIONED IN THIS ARTICLE
High Point Memorial Hospital
Thompson
Minnesota
Jules Seler
Minneapolis
Seleer
Market confidence grows as exhibitors relocate on Hamilton Street
John Bray of Vanguard Furniture Co. and Craftwork reports the market is meeting expectations with steady traffic after moving into 301 N. Hamilton St. from Hickory. Leroy Benjamin notes business matches April levels and surpasses recent Octobers as other firms join the remodeled space.
MENTIONED IN THIS ARTICLE
Henderson
Hamilton Street
John Bray
Vanguard Furniture Co
Craftwork
Vanguard and Craftwork
Classic and
St. Timothy Chair Co
N. Hamilton St
Hickory
Bray
High Point
Leroy Benjamin
Southern Accessory Mart
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