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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

Jul 25, 1974

Page

3

Crowds Pack Supreme Court For Nixon Tapes Ruling

Washington AP describes a line of more than 300 people outside the Supreme Court at dawn waiting to hear the ruling on whether President Nixon can withhold taped conversations from a law enforcement inquiry. Leon Jaworski arrived amid applause, as Chief Justice Burger opened with a tribute to Earl Warren and the court navigated the tapes case without Justice Rehnquist.

Washington Supreme Court High Court Nixon Watergate Leon Jaworski Jaworski Houston Smil Warren Burger Earl Warren William Rehnquist Rehnquist Justice Department

Bond Prices Rally Extends Technical Gains

Bond prices extended a technical rally led by high quality corporates and municipal notes. Industrials rose about 4 percent and utilities 4 percent, rails flat. Treasury bills gained one basis point while short term notes rose 5 basis points and intermediates and longs 9 basis points. Federal funds quotes moved higher to 15 bid 15.25 asked. Municipal market stayed very strong with issues up as much as one point.

New York Salomon Brothers Treasury Federal Reserve

Plans To Issue $50 Million Floating-Rate Notes

New York Savings Bank plans to issue 50 million dollars of seven year floating rate notes earning 10 percent through May 31 1975 and then a rate 1 point above the three month Treasury bill rate with a floor of 7.5 percent. Citicorp notes sold rapidly, with underwriters saying demand outpaced supply.

NEW York Wall Street Citicorp New York Bank For Savings Mutual Savings Banks The Savings Bank Treasury First Boston Corp First National City Bank Financial World Washington Savings Banks and Savings and Loan Association Elliot Smith Bache & Co National Association of Mutual Savings Banks

Also Mentioned on This Page

Supreme Court Room N. Y. Savings Bank K-Mart Ballou Park Oopi Chef’s Pride Cole Slaw U.S Seafood MR. Boston Fish Sticks Boston BIG Star Carolina Swift Gwaltney California
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