Weekly Stocks Rise on Nixon Plan Amid Rally
The stock market embraced Nixon economic moves with a strong weekly rally led by the Dow's best gain in history at 32.93 points and a record NYSE volume of 31.73 million shares. Analysts praised the plan as aggressive against inflation, while cautioning about post 90 day wage price freeze effects.
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David Burke
NEW York
Nixon
Robert Johnson
Paine, Webber, Jackson & Curtis
Hart
New York Stock Exchange
Dow
Associated Press
Standard & Poor
Bond prices rise on Nixon plan then ease in week
Bond markets rallied early week with Salomon Brothers noting sharp gains in municipal and corporate issues while long government issues advanced more modestly. By week end, government bonds eased and short rates fell with bill yields dropping, and municipal and corporate new issues priced higher before a marginal pullback.
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New York
Nixon
Salomon Brothers
Aueven
Corpo
Two Of Three Escapees Nabbed In Newberry Jail Break
NEWBERRY S C AP three men escaped from the Newberry County Jail Saturday morning but two were recaptured by midday Deputies said Larry Gibbs 19 Kinards and Donnie Knight 16 Joanna were found a few miles from Newberry Still at large was Norris Austin 28 Morganton NC
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Morganton
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Auto. Trans. R&h
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