Stocks Climb on Inflation Hopes as Markets Close Week
UPI reports investors push stocks higher on Friday on the New York Stock Exchange amid rate and inflation signals. Dow gains 5.87 to 835.34, S&P 500 up 0.48 to 86.88, NYSE volume 15.48 million. Polaroid, Pan American and Southern California Edison lead active issues. Market closes for Labor Day weekend with mixed profit taking in final hour.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock Exchange
Dow Jones
Dow
Standard & Poor
First National City Bank
Federal Reserve Board
Fed
Arthur F Burns
Ford
Senate
Mike Mansfield
Polaroid
Pan American World Airways
Southern California Edison
Niagara raft capsizes near whirlpool. two dead
An experimental raft carrying about 30 people capsized in Niagara River rapids near the whirlpool. At least two killed, several injured, and two missing as Ontario police helicopters search the lower river. Survivors clung to the raft or reached shore.
MENTIONED IN THIS ARTICLE
Niagara Falls
N.Y
UPI
Niagara River
Ontario
Toronto
Joseph DeMarco
Niagara Frontier
DeMarco
Wes Hill
Chippewa, Ont
David Kewley
Ont
Kewley
Frank L. Bilotta
Aerocar
Whirlpool Park
Bilotta
Niagara Helicopter, Inc
Mortgage Interest To Rise
Washington reports FHA and VA backed loan ceilings to rise to 9 percent starting Tuesday. Housing Secretary Carla Hills cites excessive penalties on sellers from lenders, with buyers facing higher monthly payments and total interest over the life of fixed-rate loans.
MENTIONED IN THIS ARTICLE
Washington
UPI
Carla Hills
Mortagage
Federal Home Loan Bank Board
Savings and Loan
Assault charge against Mrs. Billy Graham dropped
In Charlotte, Ruth Bell Graham had an assault charge against protester Daniel Pollock dismissed after two witnesses. Judge William G. Robinson ruled no criminal assault occurred. Mrs. Graham, in a pink and green suit, later offered Pollock a Bible which he declined.
MENTIONED IN THIS ARTICLE
Charlotte, NC
UPI
Billy Graham
Graham
Ruth Bell Graham
Daniel L. Pollock
Charlotte's Freedom Park
Ford
Marshall A. Basinger III
Mecklenburg District Court
William G. Robinson
Pollock
Funeral for Puerto Rican youth sparks citywide tension
In Springfield Massachusetts Jose Reyes 21 was fatally shot by police while fleeing a burglary prompting two nights of street violence. Curfew pressure rose as riots caused fires arrests and injuries in the North End with 17 arrests and 25 fires reported.
MENTIONED IN THIS ARTICLE
Springfield
Mass
UPI
Massachusetts
Jose Reyes
North End
Reyes
Sacred Heart Church
William Sullivan
Sgt
Thomas Randeau
Shat Reyes Fredrico
Bnd
Hallahan Lummer Yard
Rafael Lecodet
Also Mentioned on This Page
LAS Vegas Sun
Billy Graham Freed
Mrs Graham
Gurnis
Paas
Meio Sofa & YT
Stern
Ns Grand
Pening
Ony
TINCH
Main St
Nevada
Joan Quinn
Union Plaza
P.O
Las Vegas
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