Market Stabilizes After Rough Week With Thin Advances
Stocks showed a tentative rebound in New York trading as the Dow rose 5.87 to 852.55 while the NYSE saw cautious gains and declines. Uris Buildings led volume up 14 percent after a 90,000 share block, with Federal agency action eyed on Reserve Mining iron ore dumping into Lake Superior. Alaska Interstate slipped to 1382 on a 1974 low as it reported a 1978 loan breach, while metals mostly gained outside golds and autos edged up. Coleman Co. led the Amex with a 0.5 percent drop on 30,900 shares, and the NYSE composite eased to 54.20.
MENTIONED IN THIS ARTICLE
Chet Carrier
NEW York
New York Stock Exchange
Uris Buildings
NYSE
Saad
Amex
Coleman Co
NYSH
New York Stock Exchange Priced Up and Down Noon
A dense stock page from New York shows multiple tickers with bid and last prices across various sectors. Names such as ADM, Alcoa, AmAirline, Bell, Ford, and Uniroyal appear among others with highlighted changes and ex-dividend notes. The compilation reflects midday activity, div idend statements, and market shifts typical of a broad index snapshot.
New York Stock Dividend Payouts Appear in Cash Value
The report notes 12 months of stock dividends paid in stock rather than cash with an estimated cash value equal to the stock dividend, indicating a distribution approach that emphasizes equity rather than immediate cash.
Supreme Court Upholds Bank Secrecy Act
The Supreme Court rules 6 to 3 to uphold the Bank Secrecy Act requiring banks to report transactions over 10000 to the IRS. The ruling maintains broad government access for criminal tax and regulatory investigations, despite critics calling it a constitutional rights invasion.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Boyle case opens in media uproar over murder plot
Prosecutor Richard Sprague declares former United Mine Workers leader W A Boyle personally ordered and financed the 1969 killings of Joseph Yablonski and his family. He says the plan began in Boyle’s office on June 23 and will present the gunman’s testimony, with Boyle denying all involvement. The defense will present its opening later as jurors are sworn in.
MENTIONED IN THIS ARTICLE
Lee Linder
Associated Press
Media, Pa
United Mine Workers
W.A
Tony" Boyle
Boyle
Sprague
Yablonski
America
Delaware County Common Pleas Court
Francis Catania
Papers Screened Says Times on Nixon Archives Gift
The New York Times reports Nixon donated prepresidential papers to the National Archives for a 576000 tax deduction. It says sensitive files on J Edgar Hoover Jacqueline Kennedy and the Vietnam War were removed while other items including briefing materials and 1176 boxes of papers remain. It notes 229 boxes contain invitations and Nixon's largely declined speech responses.
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NEW York
Nixon
National Archives
New York Times
J. Edgar Hoover
Times
Congressional Joint Committee On Internal Revenue Taxation
White House
Far East
South America
Australia
Britain
Soviet Union
Kissinger Marries Nancy Maginnes in Arlington Ceremony
Secretary Henry Kissinger wed Nancy Maginnes in Arlington Virginia in a private ceremony attended by family and Kissinger’s two children. The bride, 39, long-time adviser to Nelson Rockefeller, met Kissinger a decade ago in Harvard foreign policy circles. Rockefeller voiced well wishes and arranged a jet for the couple’s Acapulco honeymoon sendoff.
MENTIONED IN THIS ARTICLE
Maginnes
Acapulco Bay
el Orate
Kissinger
Eustaquio Escandon
Acapulco
Kissingers
State Department
New York
Nelson A. Rockefeller
Rockefeller
Nancy
Albert B. Maginnes
White Plains
N.Y
Arlington, Va
Ford condemns CREEP as arrogant guard of adolescents
In a Chicago speech Ford blasted the Committee For the Re election of the President as an arrogant elite guard of political adolescents. He accused CREEP of flouting the two party system and breaking party judgment across states. He noted impeachment talk and possible Senate trial prep. Chapin faces indictment over Segretti-related actions.
MENTIONED IN THIS ARTICLE
Gerald R. Ford
Chicago
America
Ford
White House
Percy
New Haven
Nixon
Washington
Senate
Chapin
Segretti
Slain Mobile Man Found In Tennessee
Billy G. Dannelley a 39 year old Foley High School driver education teacher from Mobile was identified by relatives as the slain man found stabbed in the Tennessee highlands. Police said two Mobile men were sought in the slaying. James R. West was arrested in Virginia on a traffic violation. Police described a brutal assault with at least 15 stab wounds and noted blood stains at Dannelley’s Mobile apartment.
MENTIONED IN THIS ARTICLE
Mobile
Ala
Tennessee
Richmond
Elizabethton
Eulas Sargent
Billy G. Dannelley
Foley
Dannelley
Ed J. McLean
James R. West
Henrico
Virginia
Lenn F’. West
Ft. Bragg
N.C
McLean
Kater Williams
West
Spruce Pine
Tennessee Highlands
Sargeant
Ehrlichman Replaces Lawyer in Watergate Case
Washington attorney John J. Wilson says he has been replaced by William S. Frates of Miami as defense counsel for John D. Ehrlichman in the Watergate coverup case. Frates previously defended C. G. Rebozo in a $10 million libel suit against the Washington Post. Ehrlichman cites potential conflict of interest with Haldeman. Wilson will continue to represent Haldeman but withdraw from Ehrlichman. Both men were indicted on conspiracies to block the investigation into the 1972 break in and bugging of the Democratic National Committee offices. each faces five felonies including obstruction of justice and perjury.
MENTIONED IN THIS ARTICLE
Washington
John J. Wilson
William S. Frates
Miami
White House
John D. Ehrlichman
Frates
C. G. Rebozo
Nixon
Washington Post
Ehrlichman
Wilson
H. R. Haldeman
Haldeman
Democratic National Committee
Watergate Office
Senate Debates Reform Bill Into Week Two
The Senate enters a second week of debate on a campaign reform bill with tax funded financing for federal campaigns and a Weicker substitute on tap. The House plans include a consumer protection agency bill and a boost in South Vietnamese military aid by 474 million dollars, supplementing 1.26 billion already approved, to prevent mid April curtailment.
MENTIONED IN THIS ARTICLE
Senate
John Chadwick
Associated Press
Washington
Lowell P. Weicker, Jr
R-Conn
Watergate Investigating Committee
House
U.S
South Vietnam
William P. Clements
John G. Dean Assumes Post as U.S. Ambassador to Cambodia
John Gunther Dean has taken over as the United States Ambassador in Cambodia arriving Sunday to replace Emory Swank who left last August. He will monitor the Cambodian Army amid the U.S. aid flow estimated at $1.6 million daily in military and economic assistance.
MENTIONED IN THIS ARTICLE
Phnom Penh
John Gunther Dean
United States
Cambodia
Emory Swank
Dean
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