The Mountain Statesman in Grafton, West Virginia

Wall Street rally strengthens as Carter policy outlook boosts markets

New York reports a continued stock market uptrend with heavy trading and broad optimism toward President elect Carter's economic plans. Bert Lance, Carter's future budget chief, says a 15 billion dollar tax cut and spending program is likely to stimulate the economy. In Chicago, grain prices show mixed moves with few receipts noted across wheat corn oats and soybeans, and quoted No 2 soft red winter wheat at 2.68n.