Markets Rise as GM Leads Dow on Opening trading
New York AP reports the Dow Jones Industrial Average rose 4.67 to 893.62 at noon as General Motors and Ford gain from Nixon policies. Advances outpaced declines about 7 to 5 on the NYSE with trading active and prices at 1:30 p.m. EDT showing gains in steel, Texaco, Transamerica, and other issues. Sedona-Red Rock Taxpayers Assn. president Thomas Watson resigns for health. Donald Rymer to lead the non profit with a 7,317 member base.
MENTIONED IN THIS ARTICLE
NEW York
General Motors
New York Stock Exchange
Motors
Nixon
Ford
Sedona
SNS
Thomas Watson
Sedona-Red Rock Taxpayers Assn
Donald Rymer
Visitors ignore Rainbow Bridge danger during stormy Canyon visit
A delegation including Gov. Rampton and Sen. Fannin reassured a park ranger that Rainbow Bridge was safe from rising lake water. After an hour, clouds darkened, and the group began retreating. No photos were taken as tourists passed cameras, seemingly unaware of the officials’ presence.
MENTIONED IN THIS ARTICLE
Rampton
Bridge Canyon
Arizona
Paul Fannin
Rainbow Bridge
Morton Comments on Federal Lands and CAP Plans
Secretary Morton discussed establishing projects on federal lands and addressing rising salinity in the Colorado River. He expressed cautious optimism about the Central Arizona Project to pipe Lake Powell water to Phoenix and planned a trip to Lake Havasu City for a conference before a Phoenix press briefing to announce CAP progress.
MENTIONED IN THIS ARTICLE
Morton
Colorado River
Department of the Interior
Central Arizona
Lake Powell
Phoenix
Lake Navasu City
Mrs Chai Sin Tse Woo rites in Winslow
Memorial services will be held at 10 a.m. Wednesday in Scott Chapel for Mrs Chai Sin Tse Woo 58 who died Sunday in a Phoenix hospital She is survived by husband Wee Hay Woo of Winslow three sons Dennis Spencer James all of Winslow Phoenix Los Angeles five daughters Grace Fannie Sue and Lila all of Winslow Helen of San Diego one sister three brothers and six grandchildren Friends may call at the mortuary from 7 to 9 p.m. today
MENTIONED IN THIS ARTICLE
Winslow
Sns
Scott Chapel
Chai Sin Tse Woo
Phoenix
Woo
Wee Hay Woo
Dennis
Spencer
James
Los Angeles
Grace
Fannie
Sue
Am Lila
Helen
San Diego
Calif
Lawmakers weigh tax relief amid Nixon plan fallout
Burns cautions Congress to restrain beyond the President's tax proposal while faces pressure for broader relief. Nixon unveils a 90 day wage price freeze, tariffs, and federal spending cuts, with tax cuts for auto buyers and equipment buyers starting next year. Dow hits a record rise as foreign markets slip and dollar value shifts in tourist exchanges. Consumer advocate Ralph Nader terms Nixon's package a mix of special interest pleading and anti consumer policies.
MENTIONED IN THIS ARTICLE
Nixon
Congress
Europe
Africa
Latin America
Ralph Nader
Williams Lnd U.S. Automakers Hit by Auto Price Hikes
A Williams youth, James Freeman, 00, was critically injured after being struck by a car while riding a bicycle on Interstate 40. He was taken to Flagstaff Hospital then transferred to St. Joseph's in Phoenix. Meanwhile U.S. automakers rolled back 1972 price hikes following Nixon wage-price controls, with Ford and GM canceling proposed increases and seeking to market at 1971 prices under the 90 day program. Chrysler and American Motors poised to follow, aided by discussions of repealing the 7 percent federal excise tax on new cars.
MENTIONED IN THIS ARTICLE
James Freeman
Duane Freeman
Williams
U.S
General Motors
Ford
Chrysler
American Motors
Nixon
Halted Southwestern power plant project advances debated
Rainbow Bridge of Utah observers expect lake levels to influence the Kasparowitz Project and the future of a major coal fired plant. Arizona Senator Fan nda and Governor Williams weigh in as Interior Department prepares a progress decision within the year. A moratorium had paused construction in May and three more units were discussed amid the broader plan.
MENTIONED IN THIS ARTICLE
Utah
National Monument
Arizona
Paul Fannda
Jack Williams
Kasparowitz
Morton
Interior Department
Moratorium Impacts Plant in New Mexico and Lake Powell Access
Gov Rampton said the one year moratorium affects Corners Plant in New Mexico and the project would likely meet state and federal emission standards. If built, operations would adhere strictly to those standards. Morton hinted at possible road and park development in the Lake Powell area, but no concrete plans were released. Access to the water remains best at Wahweap with limited spots upriver due to high canyon walls.
MENTIONED IN THIS ARTICLE
New Mexico
Rampton
Morton
Lake Powell
Wahweap
Also Mentioned on This Page
Watson
PT Va
Swift Co
Texaco
Wa Banc
Wa Union
Westg
Affiliated Century Shares
Col. Equity
Allis Ch
Col
Airlin
Ch Ventures
Can
Dreyfus Fund
Am Motors
Dreyfus Leg
Fed. Cap
At&t
Fed. Fund
Fed
Ariz Pub
Richid
Mass
Inv. Trust
Beth Sd
National Securities Chrysler
Dupont
East Kodak
el Paso NG
Sigma Cap
Emer
UF Acc
Dynam
UF Cont, Inc
UF Inc
Penney J, C
Pepsi Co
W. Research AJ
Bayless
Be Phelps D
AB. Financial
Repub Sil
Valley Bank
Safeway
Webb Warrants Ae
San Diego Gas
Sears R
Sou Pac
Bet Infam Can
Waer
Mrs. Woo Rites
Arizona Daily Sun
Flagstaff
Burns
Ing
Williams Lnd
Interstate 40
Young Freeman
Flagstaff Community Hospital
St. Joseph's Hospital
Namco Meat
Srax
Namco Meat Company
E. 7Th Ave
Laura Scudder
Laura Scudders
Laura Scuidder
Smack Foods Dnvision
Pet Incorporated
P.O
Clintar
Ana
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