Stocks rally as Dow climbs amid resilient market
New York stock market rose sharply in accelerated trading as investors welcomed signs of resilience despite grim auto sector news. Dow Jones industrial average up 32.75 to 646.59, NYSE leaders led by Armstrong Cork and IBM gains, Amex also higher with strong sector winners and Houston Oil & Minerals steady at 27 percent fortune.
MENTIONED IN THIS ARTICLE
NEW ‘York
Dow Jones
New York Stock Exchange
Dow
Armstrong Cork
NYSE
American Stock Exchange
IBM
Burroughs
Texas’ Tastrimieniis
Waat indPhi Ab
Gulf Resources & Chemicals
Houston Oil & Minerals
Amex
Kreages
Kroger
Ae SonyCp
Wwe
Lvocorp
Stevens
Cowles
Macy
Tektronx
Wist i Donlds
Wa Fasseas Testvon
Beltane
Dennys
Maende
Disney
TwenCen
EasKod
MorNar
Eaton
Motorola
Wava Smat
N.atSemicn
Ava
Elintkoti
Norris
NwstAien
Norton
NorSim
GamsSk
Varese Whitem
Va Gannett
Whittaker
GenDynam
iSite
WmsCos
Bee
GenEly
GenMiil
OwenCa
Zenith
Goodyr Rvs
Pascolic
Adares
AsinaLf
Islaton
Guilwa
Hongwitt
QuakSto
Ideal
ArchDan
Intertekaze
Armcopeu
Tnt Ar
Royccol
Roy
NekCorp
Ryder
Wes Bauschl
Johnsin
Joni Logn
Zava
Kaiser Alul
Bealnack
Erie
isCo
Cornwall
American Exchange Sales in Full
Exdividend and distribution terms listed as rights without warrants when issued next day after bankruptcy or reorganization under the Bankruptcy Act. Foreign issue subject to interest equalization tax.
MENTIONED IN THIS ARTICLE
Attvery
Over-The-Counter Bid-Asked Rates Advertised
The High Point Enterprise lists weekly and monthly subscription rates for daily and Sunday editions. Prices show carrier and mail options with varying costs, including a 4 percent NC sales tax and separate Sunday-only pricing. Local delivery details and advertising representatives are noted.
MENTIONED IN THIS ARTICLE
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
NASD Stock Quotations Interdealer Prices Quote
Quotations from the NASD via the High Point office of E. F. Hutton show interdealer prices around 11 a.m. across firms including American Furniture Bassett Furniture Henredon Life of Carolina North Carolina Natural Gas Piedmont Aviation and others. Prices exclude retail markups, markdowns, and commissions.
MENTIONED IN THIS ARTICLE
High Point
E. F. Hutton & Co. Inc
Ask
American Furniture
Anheuser Busch
Atlantic Pepsie
Bassett Furniture
Bluefield Supply
Cam, Fin. Corp
C.cola
Daniel Int. Com
D-head Corp
Henredon
Hickory Furn
J. B. Ivey Ye
Life of Carolina
Nenb Corp
N.C. NaturalGas
Stra Inv. Co
Phillips Foscue
Piedmont Avia
Pub. Ser
N.C
Rex Plastics
OMS
Film Extrac
Bids Up in North Carolina Construction Market
CHARLOTTE AP reports AGC of America says North Carolina bids for commercial construction rose seven percent over the year ending September 30. Inflation delayed many projects with two five story buildings canceled in the last two months as owners struggled to secure financing.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina
Associated General Contractors of America
AGC
Henry Pierce
Ray Contends Case Only Circumstantial In MLK Killing
MEMPHIS AP Ray Earl James contends the state had only circumstantial evidence against him in the 1968 assassination of Martin Luther King Jr. He says his trial could have only convicted him of aiding and abetting. Foreman claimed near certainty of conviction and death penalty. The hearing evaluates coerced plea tactics, book royalties, and witness accounts in the pursuit of truth.
MENTIONED IN THIS ARTICLE
Memphis
James Earl Ray
Martin Luther King Jr
Ray
Percy Foreman
Houston
Tex
Foreman
Birmingham
Ala
Arthur Hanes Sr
William Bradford Huie
Huie
James McGraw
Charles Quitman Stephens
Stephens
Food stockpiles urged to stabilize prices and avert shortages
The Committee for Economic Development argues the federal government should direct a food stockpile to smooth price swings and buffer against hunger. It notes U S grain reserves are at 26-year lows amid years of heavy exports, urging policy to enable larger private and public stocks. The report, led by John H. Daniels, arrived as Agriculture Secretary Earl L. Butz prepared for a U N world food conference.
MENTIONED IN THIS ARTICLE
U.S
Congress
Agriculture
Earl L. Butz
John H. Daniels
Independent Bancorporation of
Minneapolis
Butz
Hunt Lied To Juries In 1973 Watergate Trial
Howard Hunt Jr testified at the Watergate cover up trial that he lied over a dozen times before grand juries in spring 1973 after reading transcripts of presidential tapes. He said the tapes showed money demands from Nixon aides and that a rude awakening led him to tell the truth. He noted his children doubted his prior testimony and discussed Mitchell's approval of the burglary plan.
MENTIONED IN THIS ARTICLE
Washington
Howard Hunt Jr
White House
Watergate
Hunt
H. R. Haldeman
John D. Ehrlichman
John N. Mitchell
Robert C. Marcian
Kenneth W. Parkinson
CIA
Richard M. Nixon
John W. Dean III
Nixon
Miami
U.S. District Court
John J. Sirica
Ford Signs Seat Belt Repeal Law
President Ford signed a bill repealing the federal mandate for a car seat belt interlock while urging motorists to buckle up. The measure, part of a 23-bill package, also sets recall procedures for defective vehicles and requires new school bus safety standards within 15 months. Ford called buckling up sound safety practice and urged adherence to the 54 mph limit.
MENTIONED IN THIS ARTICLE
Washington
Ford
White House
Complaint Over Repairs at Carson House in Charlotte
Charlotte officials sent a formal complaint to state Attorney General James Carson regarding his property on South Church Street in a black neighborhood. He has 15 days to meet inspectors and set a time limit for repairs to plumbing electrical and other systems to meet the city housing code. Inspectors have visited other Carson houses in the area and plan to file additional complaints.
MENTIONED IN THIS ARTICLE
Charlotte
James Carson
Charlotte Building Inspection Department
Carson
Bill Jamison
South Church Street
Jamison
Fire destroys Belmont Moose Lodge building
A pre dawn blaze gutted the Belmont Moose Lodge in Belmont North Carolina. No injuries reported. Fire marshal Albert McGin nis traced the fire to the kitchen and noted the cement block structure stood near the Catawba River Bridge at U S 29 74, straddling Mecklenburg and Gaston counties. The six year old building suffered extensive damage and immediate financial loss could not be estimated.
MENTIONED IN THIS ARTICLE
Belmont
N.C
Gaston County
Albert McMcGinnis
Catawba River
Mecklenburg
Gaston Counties
Arabs Recognize Arafat As Future State Chief
The Arab summit at Rabat endorsed Yasir Arafat and the PLO as the leadership of a future Palestinian state once the West Bank is liberated. Egypt Syria and Jordan were left free to conduct peace talks with Israel, signaling a shift toward bilateral negotiations. King Hussein showed reservations while Sadat pledged further peace efforts.
MENTIONED IN THIS ARTICLE
Arafat
Rabat
Morocco
Yasir Arafat
Palestine Liberation Organization
West Bank
Jordan River
Israel
Egypt
Syria
Jordan
Geneva
PLO
Henry A. Kissinger
Anwar Sadat
Sadat
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Business and Financial News Stock Market Report
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AP News
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Igen Pen
Iy Waiith Company
Dow-Jones
Windus
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A.P. Stock
Halle
Fon. L
Asomera
Barre Hig
Barnes
Olitardst
Maceae
FedResrees
Hormelg
Kalerind
KanebSy
Lafay Radio
Ye LaMaur
Lee Entra
Rt LoewThewt
M - MichSy
I. N— “ NewparkRs
NorCanOlis
Permaner
Phoenix Sih
Viewlex
Valspar
Thaassocjad Press
Herbert MacDowell
Elmira College
Corning
N.Y
FBI
Jerry Francisco
Robert McRae
6Th
U.S. Circuit Court of Appeals
Jeffrey Mills
Committee For Economic Development
Sirica
Richard Ben-Veniste
Spparate
Atty
Mitchell
Gordon Liddy
Liddy
Miami Beach
Lawrence O'Brien
O'Brien
Carson Houses
King Hussein
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