New York stock market slips as major bank holds rate at 12 percent
The noon Dow Jones average fell 9.16 to 664.89 as traders reacted to First National City Bank keeping its prime rate at 12 percent for the coming week. NYSE volume leader Pan American World Airways dropped 4 to 24 with a large block traded. IBM, Eastman Kodak, Texas Instruments, and Xerox all declined. the NYSE composite eased 0.38 to 36.25 while Amex Houston Oil & Minerals rose 0.5 to 13.5.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
First National City Bank
Log Bank
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American Stock Exchange
Sunbeam
IBM
Eastman Kodak
Texas Instruments
Xerox
TTA
NYSE
Wachova
Chipney
Chris Cratt
Uta
Trattea
Zolecorp
Learsieg
Associated Press
Divi- Sane
Cincelle
Stark
Labaci
Bn Bae
McDonalds
Baerd
DelMon
Vain Deltaai
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Com- Dennys
Tiapanies
Merckdd
MGM
Disney
Vans Migsuriae
DowCh
Wees Dressers
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Miruelsul
Emerel
Firestone
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Texaco
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Amy Avan
Ford orders strict limits on tax returns for staff access
President Ford issues an executive order restricting who may receive and inspect tax returns. He requires personal designation in writing of the staff member authorized to view a return and directs department heads to enforce the nonpolitical nature of the career civil service. The move aims to prevent political influence in appointments and promotions and to ensure compliance with the law.
MENTIONED IN THIS ARTICLE
Richard M. Nixon
White House
John W. Hushen
Ford
Nixon
Secretary of the Treasury
High Point Enterprise rate card and masthead
The High Point Enterprise announces subscription rates for daily and Sunday delivery, mail and carrier options, with details on prices by period and method. It lists address, AP affiliation, and advertising representatives.
MENTIONED IN THIS ARTICLE
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
N.C
THE
Associated Press
AP News
Post Office
Thean Point Enterprise, Inc
Four Hurt In Boston Desegregation Protests
AP reports at least four students were injured during scattered bus stonings amid a boycott opposing busing integration. Police protected South Boston High and Hyde Park High prepared talks as Boston schools planned limited reopening. A Neo Nazi group was escorted from the area, while a Klan leader claimed recruitment efforts in Boston.
MENTIONED IN THIS ARTICLE
Boston
South Boston High School
Hyde Park High School
Twins Reported Doing Well After Separation
In Philadelphia two Siamese twin girls Clara and Alta Rodriguez aged 13 months, joined at the lower trunk, were reported progressing well after Wednesday’s operation at Children’s Hospital. Stable but better than expected, the twins’ mother Mrs Farida Moris de Rodriguez visited. Clara opened her eyes as the mother entered.
MENTIONED IN THIS ARTICLE
Philadelphia
Children’s Hospital
Clara
Alta Rodriguez
Dominican Republic
Farida Moris de Rodriguez
Shirley Bonem
Nixon tapes push to authenticate key evidence
Prosecutors seek Nixon authorization to admit over 30 White House tapes for the jury. Experts say only participants or those present can testify to accuracy, with Nixon likely needed to confirm tampering and access. Nixon may enter hospital next week for phlebitis as his lawyer seeks to quash subpoenas.
MENTIONED IN THIS ARTICLE
White House
Nixon
Herbert J. Miller
California
U.S
John J. Sirica
Woman from Page TA airs threats from Mrs. Moore
Mrs. Moore called radio host Withers saying life had lost meaning and that she planned to pour fuel on herself. He spoke with her, attempted to dissuade, put her on hold to contact police, then heard the line drop before summoning aid. Sen. Moore was notified.
MENTIONED IN THIS ARTICLE
Withers
Higher Milk Price Supports Are Proposed
The Agriculture Department proposed up to a 13 percent boost in minimum prices paid to dairy farmers for Class I milk under federal marketing orders. A hearing is set for October 8 in Rosemont Illinois to gather comments from producers, dealers, and consumers. The plan caps the Class I price formula at 7.50 per 100 pounds and would raise the average minimum to about 8.49 per 100 pounds next month, affecting about 60 percent of milk supply.
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Washington
Agriculture Department
Rosemont
Ill
Chicago
Minnesota
Wisconsin
Minnesota- Wisconsin
Kootenai Indians Plan Roadblocks in Idaho War Threat
In Bonners Ferry Idaho the 67 member Kootenai tribe prepared roadblocks on four major routes to press for treaty negotiations over 1.6 million acres lost in 1855. Tribal leaders said they would not provoke violence but would defend themselves if fired upon while demanding federal talks by midnight.
MENTIONED IN THIS ARTICLE
Bonners Ferry
Idaho
Montana
Douglas Wheaton
Canadian
United States
Nessen Expected to Accept Ford Press Secretary Role
NBC White House correspondent Ron Nessen reportedly agreed to become President Ford's press secretary after Jerald terHorst's resignation. Announcement expected today with assurances of full access to the President and policy context. Nessen joined NBC in 1962 and covered Ford during his rise to the presidency.
MENTIONED IN THIS ARTICLE
Washington
Ron Nessen
White House
NBC Television News
Ford
Nessen
Jerald I’terHorst
Richard M. Nixon
Ward
NBC
Nixon
Nelsen
Lyndon Johnson
Vietnam
Vietnam Battlefront
Ford to visit Korea on November for overnight stay
President Ford will travel to South Korea for an overnight stay on November 22 and 23 following his Japan trip, at the invitation of President Park Chung Hee. He will arrive in Seoul on the morning of November 22 and depart the next morning.
MENTIONED IN THIS ARTICLE
Washington
Ford
South Korea
Japan
Korea
Park
Chung Hee
Seoul
Consumer Price Index Signals Pension Benefit Increase
The CPI jump triggered a half billion dollar rise in federal retirees and military pension benefits tied to living costs. August CPI rose 1.3 percent, the largest single monthly gain since the price freeze was lifted, with food up 1.4 percent and services up 1.1 percent. Commodities excluding food rose 1.5 percent, the steepest increase on record.
Fifi Kills 60 Hondurans as It Enters Mexico
Hurricane Fifi weakened to a tropical storm and was moving into southern Mexico after lashing northern Honduras with 110 mph winds. At least 60 deaths were confirmed in Honduras with reports of 200 killed or missing. Destruction hit Guanaja and Roatán, while Ceiba and Progreso suffered heavy losses. U.S. relief aircraft and supplies were dispatched to assist.
MENTIONED IN THIS ARTICLE
Guatemala
Fifi
Mexico
Honduras
Honduran
Belize
British Honduras
Miami
Ceiba
Caribbean
National Emergency Committee
Progresso
Guanaja
Roatan
U.S. Air Force
Panama
U.S
Cogucigalpa
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BA High Point Enterprise
Business and Financial News Stock Market Report
Dow-Jones
Windustelai
Moe
Stork
A.P. Stock
Associa
Ind
UML
Hyde Park
John O'Connor
Louisiana
Jaworski
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