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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

May 14, 1972

Page

13

Market jitter as international scene weighs on stocks

The New York market faced volatility as the Vietnam War and Soviet relations dominated attention. Tuesday's slide sent the Dow to 925.12, then a midweek bounce gave way to a modest Friday rise to 941.83 amid thin volume. Analysts warned that any new Vietnam or Soviet-Chinese incident could spark a further drop.

Miles A Smith Union New York Nixon Moscow China Dow Tarry Wachtel Bache & Co Gulff Amerihat Ican Motors Alaska American Telephone & Teleby Haiphong Harbor National Telephone &Tele- American Storck Syntex UN- Standard & Poor Associated Press National General

Nixon Raises Oil Import Quotas and Alaska Pipeline Move

The Nixon administration boosted oil import quotas by 15 percent amid plans to authorize the Trans Alaska pipeline despite court challenges. The move coincides with efforts to push a two step rise in the federal minimum wage to 2.00 per hour, now before the Senate after House approval, and amid broader economic and energy policy developments.

Carole Martin NEW York (Ap Nixon Middle East Latin America Canada House of Representatives Senate Labor Committee Rogers C. B. Morton Thy Aontainmant Ws Serenu Neol Bru Morton Alyeska Pipeline Co Prudhoe Bay Alaska U.S Office of Emergency Preparedness Clouse Washington Treasury John B. Connally Congress

Controversial Bail Program Proves Successful in Philly

A partial court survey shows Philadelphia’s zero percent cash bail program, started Feb. 17, reduced no shows to 4.6 percent of 1,299 defendants through April 20. Eligible defendants post 10 percent bail with 30 percent returned after disposition, court takes 1 percent. Monthly fees average $4,700. annual projection $244,000.

Philadelphia

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