Market advances for third session as Dow led by momentum
New York stocks rose into a third session with the Dow Jones average up 440 to 992.35 at noon. Brokers cited momentum from Thursday’s 8 point gain and a drop in the money supply, hoping Fed policy may ease to aid the recovery. Panhandle Eastern Pipeline fell 4% and Citibank’s prime rate delay weighed on sentiment. The NYSE composite rose 23 to 5644, with 12.95 million shares traded in two hours.
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New York
New York Stock Exchange
Dow
Federal Reserve
Tam
Wall Street
Henry Kissinger
Ife
White House
State Department
Kissinger
Africa
Union of South Africa
Citibank
Panhandle
New York Stocks and Prices Incomplete Ledger
A crowded OCR page outlines stock prices and tickers for New York listed companies and industrials. Names like Alcoa Amex Exxon Ford IBM and Textron appear amid scattered figures, with numerous company codes and prices crowded across columns, reflecting a high‑volume market snapshot.
Stock Market Snapshot From Over The Counter Listings
A dense OCR ledger shows over the counter bids and asks across numerous tickers and brands. Entities include PepsiCo, PacGas, Polaroid, Raytheon, PhillipPet, Coca Cola, Ford, and General Motors with varied price points and percentages. The list features stock symbols, percent changes, and several large corporate names amid a broad market scan.
American Averages Compiled by The Associated Press
A scrambled data snippet shows daily averages and changes across many metrics, with figures for various years and months. It includes references to states and rail/road numbers and a mix of nonspecific values, suggesting a compiled index like weather or economic averages from multiple regions.
Dow Jones Stocks Snapshot Incomplete Markets Readout
Industrials show 992 with mixed moves while transportation and utility sectors edge ahead. Bond totals cited with broad category labels and no clear buy or sell signals.
Enterprise shuttle outlined as future manned space flight
The article details a two solid rocket booster orbiter that will reach orbit and return by glide. It highlights civilian passenger potential, satellite servicing, Spacelab plans, and ambitious ideas like interplanetary ships. Originally named Constitution, then renamed Enterprise after fans campaign.
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Spacelab
Earth
Ford
Kissinger and Nkomo Meet in Zambia Amid Mediation Hopes
Secretary of State Kissinger met Rhodesian nationalist Joshua Nkomo in Lusaka as part of a regional peace shuttle. He heads to Pretoria for talks with Prime Minister Vorster and may meet Rhodesian leader Jan Smith. Kaunda urged cautious progress toward settlement.
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Associated Press
Lusaka
Zambia
Henry A. Kissinger
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Joshua Nkomo
Pretoria
John Vorster
African National Council
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Rhodesia
Jan Smith
South Africa
Kaunda
Vorster
Kissinger-Smuth
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Smuth
Presi
Dent Ford
South-West Africa People’s Organization
SWAPO
Namibia
U.S
Smith
Carter Ford Court Ethnics At Italian-American Dinner
President Ford and Jimmy Carter attended an Italian-American dinner in Washington to praise Italian descent voters. Ford arrived for antipasto, Carter for dessert, while Dole and Rockefeller staged a protest exchange in New York. Carter cited Italian heritage in U S history and hoped for ethnic votes as Ford pursued Polish and Hispanic outreach. Mondale also spoke to Italian-Americans about cultural pluralism.
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Ford
Dave Riley
Associated Press
Washington
Jimmy Carter
New York
Sen
Bob Dole
Nelson A Rockefeller Rockefeller
Dole
Binghamton
N.Y
America
Rockefeller
United States
Malcolm Wilson
U.S
Christopher Columbus
Vince Lombardi
Supreme Court
South
Casimir Pulaski
Cyprus
Baltimore
Michigan
Len Walter Mondale
Gulf Oil Gifts Sen Scott Inquiry Dropped
Senate Minority Leader Hugh Scott praised the Ethics Committee for dropping its inquiry into Gulf Oil contributions. The 76-year-old Pennsylvanian said the panel conducted a thorough review and it is unlikely the full details will ever be public. The committee voted against parsing allegations he received up to $10,000 annually.
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Washington
Senate
Hugh Scott
Senate Ethics Committee
Gulf Oil Corp
Scott
Gulf Money
House
Ethics Committee Clears Scott On Gulf Funds Donation Issue
The Ethics Committee vote, with Sen Edward Brooke the only dissenter, appears to let several senators accused of receiving Gulf funds off the hook. Scott claimed credit for initiating action by submitting a report and personal statement, while Gulf funds involvement remains disputed and Wild has not confirmed the role.
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Gulf
Washington
Claude Wild
Scott
Gulf Funds
Gult
Wild
Sonal
GOP
Euncs
Ethics Committee
Sen Edward Brooke
R-Mass
Violence Greets Kissinger in South Africa
In Johannesburg and Cape Town heavily armed police patrolled black and mixed race townships during Kissinger's two day visit. At least eight killed and 41 injured as violence flared in area townships and a department store was firebombed. A massive power outage amplified looting and arson across the Cape peninsula. One victim was a 15 year old girl struck by a stray bullet while watching from a window.
MENTIONED IN THIS ARTICLE
Johannesburg
South Africa
Cape Town
Henry A Kissinger
Cape Peninsula
Major Tax Changes Pass
The Senate and House races push a sweeping tax bill with $54.6 billion in five year cuts for individuals and businesses and $4.2 billion in estate and gift tax changes. It aims to simplify returns, raise standard deductions, and extend credits benefiting the elderly and families, while education credits seek up to 250 dollars per student by 1980.
MENTIONED IN THIS ARTICLE
Treasury
Edward M. Kennedy
D-Mass
Congress
Kennedy
Jimmy Carter
al Ullman
D-Ore
House
Ways and Means
Ullman
Senate
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