Market slips as Ford address looms on inflation outlook
New York stocks drift lower in slow trading ahead of President Ford's congressional address. The noon Dow fell 6.65 to 770.65 as inflation and lack of curb measures weighed. Polaroid led volume while Amex list showed losses. IBM Motorola Xerox and Philip Morris dipped amid mixed results.
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Barron’s Magazine
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Associated Press Molarola
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New York Stock Market Notes and Rates Report
The New York market coverage lists prices and changes for multiple securities and commodities. AP brief notes show varied gains and losses across stocks, bonds, and industry names, reflecting a broad daily snapshot of market activity and official exchange quotes.
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L—Stock Index
NEW York (Ap
New York Dock Exchange
A.P. Stock Averages and Dividend Footnotes Summary
The text presents an AP stock table notes on 1974 dividends and stock splits. It explains that sales figures are unofficial and annual disbursements reflect last declarations, with footnotes labeling special or extra dividends and various payout scenarios. It lists numerous footnote symbols and their meanings for dividends, stock distributions, ex-dividend status, and related conditions.
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Zenith R
Associated Press
Last Minute Pardon Denial in Watergate Case
Attorneys for two Watergate cover-up defendants say they know of no last minute pardon efforts from President Ford or Nixon before resignation. Time Magazine had reported negotiations, but the six defendants remain tied to a September trial before Judge Sirica. A White House spokesman notes no pardons have been granted.
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Time Magazine
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John J. Wilson
H. R. Haldeman
Jacob A. Stein
Kenneth W. Parkinson
U.S
John J. Sirica
Ford
Anders Franzen
Sweden
Franzen
Nixon aloof presidency seen as staff relation mistake
Ehrlichman says Nixon kept aloof from mid and lower White House staff and rarely socialized with top aides. He notes few private gatherings, argues social contact could have boosted staff performance, and predicts Nixon may write and reemerge as a senior statesman despite Watergate era turmoil.
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Eshelichman
Nixon
Ehrlichman
Ots
White House
Ford weighs VP choices amid White House talks
President Ford held rapid Sunday sessions with GOP leaders and advisers as he narrows a field likely including George Bush and Nelson Rockefeller. Aides indicated no fixed anti inflation plan in tonight's address, with detailed proposals to follow.
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MacDonald To Testify In Slaying Investigation
RALEIGH N C AP former Green Beret Capt Jeffrey MacDonald declined to comment before testifying before a federal grand jury investigating a deadly slaying. The case centers on his involvement and potential testimony from him amid ongoing legal scrutiny.
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MacDonald
Raleigh, N.C
Green Beret
Jeffrey
Ex Humphrey Aide Pleads Guilty in Campaign Donations Case
Norman Sherman former press secretary to Hubert H. Humphrey pleaded guilty to aiding and abetting illegal corporate donations through use of computer mail lists in Humphrey’s 1972 campaign and other Democratic efforts. His partner John Valentine also pled guilty. A grand jury session began at 11 am as District Attorney Tom McNamara anticipated weeks of testimony, with MacDonald expected to testify about a day and a half.
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Long Beach
Calif
Tom McNamara
Segal
Ford backs modernizing forces amid detente goals
Ford supports detente and warns against misreading goodwill as lack of resolve. Drawing on his House Defense work, he backs key weapons programs urged by Schlesinger and Nixon but favors slower pace on some items while pursuing Trident submarine deployment and trimming overall defense spending to keep a strong deterrent.
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Schlesinger
Ford
House Defense Appropriations Subcommittee
Richard M. Nixon
Nixon Suspected In Erasure
Washington AP columnist Jack Anderson says Watergate prosecutors may suspect Richard Nixon erased the 18 minute segment from the June 20 1972 White House tape of a Haldeman conversation The missing portion linked to the Watergate break in and experts say an amateur erased it with stop and start actions while Woods and Stephen Bull remained only possible others per Anderson report
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Washington
Jack Anderson
Richard M. Nixon
White House
H.R. Haldeman
Anderson
Haldeman
Rose Mary) Woods
Bangladesh to Receive Food Aid Amid Massive Flood Losses
Rome report says Bangladesh will get 2.5 million dollars in aid from FAO and WFP. FAO will ship 3 billion tons of wheat and 200 tons of vegetable oil valued at 1 million dollars as emergency relief. WFP will add 1.5 million in road reconstruction aid after floods subside. Over 153,000 houses and 1,400 schools damaged or destroyed. 3,400 miles of roads and 970 miles of embankments washed away across 25,000 square miles.
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Rome
Bangladesh
United Nations
U.N. Food and Agriculture Organization
FAO
World Food Program Agency
Judiciary Report May Be Printed
Washington AP reports that the House likely will not vote on the Judiciary Committee impeachment report. Instead lawmakers expect to print a large number of copies, possibly 50,000, and place the report in the Congressional Record, with no formal vote on acceptance. Rep. McClory favors printing. Drinan says a vote is impractical since Nixon’s resignation ends the impeachment effort.
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Washington
House
Judiciary Committee
Richard M. Nixon
Congressional
Robert McClory
Illinois
Democratic Committee
Robert F. Drinan
Massachusetts
Nixon
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