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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 26, 1977
Page
2
The Dow Jones Industrial Average fell under 800 for the second straight day as bargain hunting and short-covering emerged amid a broad market slide. Citicorp traded around 20 percent with a block at 21, while the NYSE composite eased slightly and volume reached about 9.5 million shares at midday.
The stock averages section shows year on year, week ago, and month ago figures with highs and lows for 1976-77 and 1975-76. It lists multiple indices and their net changes, including daily and weekly movement, with figures like 132.1 high and 41.2 low for certain series.
A fragmented report from New York shows stock market activity at midday with mixed indicators. The Noon index is described with scattered figures suggesting modest declines in transportation and industrial sectors, while overall trend remains unsettled.
The High Point Enterprise lists subscription prices for daily, Sunday, and other services with monthly and multi month options. It notes carrier delivery and sales tax policies, and reserves rights regarding advance payments and advertising representation through London Associates and National Advertising Representatives.
The Blue Ridge Electric Membership Corp plans a 3.5 million windmill on Howard's Knob Boone to generate 2000 watts without fuel. Sponsored by the U S Department of Energy the project aims to prove wind power as a scalable energy source for about 500 customers with possible expansion to 50 sites if successful. Construction starts late next year and engineers will assess performance over three to four years.
Belgrade Yugoslavia AP diplomats say President Tito and Jovanka may be breaking up after a political rift. Mrs Tito has not appeared in public for more than two months amid reports of a quiet probe into her activities. Officials call the reports malicious fabrications. The 54 year old Mrs Tito last appeared Aug 13 as the death of Tito’s husband looms.
Former heavyweight champ Joe Louis, aged 63, is in guarded condition at Sunrise Hospital in Las Vegas with a dissecting aortic aneurysm. Doctors say chest pains prompted tests that ruled out a heart attack.
Police say the attacker who shot dead UAE deputy foreign minister Saif Bin Ghobash at Abu Dhabi airport and aimed at Syria's visiting foreign minister was a Palestinian from Syria. Syrian Foreign Minister Khaddam cited multiple gunmen from Iraq as involved. Police arrested a white robed Palestinian. two more suspects were being sought.
Prince Charles of England joins onlookers at Edwards Air Force Base California to witness the Space Shuttle Enterprise perform its final test flight before a 1979 space voyage. The test features a landing on a concrete runway mirroring real mission conditions. The royal visit coincides with Caltech events at the Mojave site.
Residents in northeast Mecklenburg County near Charlotte report an unresolved roadside sign asking local politicians to address their road needs. They express no knowledge of who posted the sign and urge officials to respond.
London AP reports the 24th Guinness Book of Records adds new feats and updates 30 to 35 percent of entries. Notables include Suleyman Eris at 30.1 inches as the shortest living dwarf and Sandy Allen at 7 feet 7.2 inches as the tallest living woman.
Gov. Jim Hunt backs Dr. Sarah Morrow after she demanded full authority or a new secretary. He praises her superb work guiding the 17,000-employee department amid recent firings and resignations, and mentions ongoing leadership tensions with Joe Grimsley.
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