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Danville Register in Danville, Virginia

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Danville Register

Location

Danville, Virginia, United States of America

Date

Aug 12, 1973

Page

12

Trading Standards Abused or Commodity Exchange Unit Under Fire

Washington AP reports scrutiny of the Commodity Exchange Authority over alleged trading abuses this year as soy futures rose to 12.90 a bushel and wheat futures topped 44 a bushel. Critics say weak regulation and speculators disrupt supply demand balance. Caldwell defends current forms but seeks more powers to curb violations, impose penalties, and enforce orderly liquidations and multiple delivery points.

Washington Commodity Exchange Authority CEA Chicago Board of Trade Congress House Select Small Business Alex C. Caldwell Securities and Exchange Commission Agriculture Department Caldwell U.S Earl L. Butz

Risks and thrills of treasure hunting off Florida Keys

In Islamorada, Florida, experts warn treasure hunts can be exciting yet costly. Marine archaeologists Carl Clausen and Robert Marx caution on risks, scams, and legal limits, noting many divers lose money while a few find valuable wrecks. Underwater archaeology offers history, not quick riches, with reef life and clear visibility adding appeal.

Eric Sharp Associated Press Islamorada, Fla Isles of the Caribees Carl Clausen Clausen State of Florida Texas Marine Archaeologist Sunshine State Florida Keys Keys Robert Marx Melbourne Fla Marx Hollywood Cockrell Las Vegas

Stock Market Falls After July Rally Wanes

The New York stock market slipped for a second consecutive week wiping out most of July gains. The Dow fell 17.16 to 892.38 as rates and political uncertainty weighed on investors. Volume reached 62 million NYSE shares with 1,270 decliners to 487 advancers. The Treasury issued a 2 billion tax-anticipated bill to record highs, and CitiBank-led banks boosted prime rates to 9.4 percent, drawing mixed reactions from traders and officials.

NEW York New York Stock Exchange Ralph Acamra Harris, Apam & Co U.S Maryland Spiro Agnew Treasury

Also Mentioned on This Page

Indochina Cambodia Phnom Penh Commodity Exchange Unit SEC Commodity Exchange Commission Justice Department Shorts Committee U. S Port Royal Europe Americas W.A Sonny” Cockrell Iam First National City Bank Wall Street George P. Shultz Citibank Gould Barker King of the Sea KING Park Avenue E First Federal Savings and Loan Association of Danville Main Street Virginia
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