Stock market drifts as Fed report awaited on credit
The New York stock market fell slightly amid a narrow trading range while awaiting the Federal Reserve's weekly money and credit report. The Dow stood 66 points lower at 99053 at noon, with losers ahead of gainers 7 to 6 among NYSE issues. Westinghouse Electric led decliners, slipping 4 percent to 118.4, as overall volume eased to about 6.25 million shares.
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The High Point Enterprise Publication Details
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Fragmented OCR shows a dense list of company names, percentages, and financial terms. The readable segments suggest a stock table style page with tickers like Texaco Ford GM Exxon and many others, interspersed with numeric values and partial notes. The text reads like a historical market snapshot without a clear single story.
Stock index mix at noon with interdealer quotes listed
New York Stock Exchange noon index shows mixed movement across sectors with industrial and transportation modestly down while finance and other groups show scattered gains. Interdealer prices from the National Association of Securities Dealers reflect around 3am values, not including bid-ask spreads or commissions.
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BFBS adds Old Testament to modern edition
Tom Houston says the BFBS edition has sold 50 million copies worldwide and includes the Old Testament. He notes the American edition converts weights and measures to the English system, while BFBS aims to go further in standardization.
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American Exchange Prices for AMEX Issues
Selected national prices for American Stock Exchange issues list daily figures for trading activity. The report notes changes in share values, with emphasis on key listings and market shifts affecting investors and brokers.
Carter Campaigns Ford News Conference on Probes
Jimmy Carter renewed his Northeast trip as campaigns resume. Ford weighs a White House news conference amid Watergate probe reports on diverted campaign funds. Mondale and Dole campaigned in Pennsylvania. Carter calls for press access and questions about corporate golf trips and fundraising.
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Consultants Testify Favor-Peddling Charged WASHINGTON LAP
Senate testimony alleges private computer firms and federal Medicaid investigators engaged in wiretaps conflicts of interest and influence peddling. HEW antifraud staffer linked to nearly ten thousand dollars in payments. Executives testified they paid consultant Charles Cubbler and forged vouchers to hide payments.
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HEW
Antifraud
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DC Chambless
Overtime Rule Dispute Intensifies At Docks
MOREHEAD CITY NC AP The State Ports Authority and 74 protesting dock workers clash over overtime rules as union members refuse to work without contract backing. Judge Larkin set a Friday hearing while the union claims the contract guarantees eight hours only when overtime is invoked.
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Ports Authority
Charles McDonald
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Gene Merritt
Authority
Merritt
John Larkin
New Bern
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McDonald
Syrian army drives guerrillas from 20 square mile Lebanon salient
Syrian troops and tanks ousted Palestinian guerrillas and their Lebanese leftist allies from a 20 square mile area east of Beirut. The operation, centered on Mount Lebanon, prompted Arab mediation efforts as Hassan Sabri Khali traveled to Damascus with a ceasefire proposal. Right wing Christian commanders warned of renewed attacks if refugees and heavy arms are not moved.
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Arab League
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Hurricane Gloria Dims Threat to Bermuda
Storm Gloria drifted northeastward in the Atlantic at about 12 mph with winds to 90 mph, a path Miami forecasters said would remove any threat to Bermuda.
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Gloria
Atlantic Ocean
Bermuda
National Hurricane Center
Ford Confident on Probe and Golf Forum
Ford defended his position amid a prosecutor probe into possible improper use of campaign funds. He ordered staff to avoid inquiries at Justice or the special prosecutor, argued inquiries could hinder Ruff, and said any inquiry would be misconstrued. He recalled golfing with lobbyists and denied seeking favors, expecting to be cleared once the inquiry ends.
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