Stock market mixed as downtrend eases at noon
The Dow Jones Industrial Average rose 2.58 to 824.08 at noon after an earlier drop, while NYSE advances led declines 3 to 2. Analysts cited truckers strike, oil embargo, inflation, unemployment, a slowing economy, and Watergate as concerns. Notable moves: Fairchild Camera up, Texas Instruments down, Avon up, Norton Simon down, Essex International down.
MENTIONED IN THIS ARTICLE
David Burke
New York
New York Stock Exchange
Larry Wachtel
Bache & Co
American Stock Exchange
Fairchild Camera
Texas Instruments
Avon Products
Norton Simon
Essex International
Unclear Dividend Footnotes and Exchange Rate Notes
The text lists multiple footnotes explaining dividends terms such as annual disbursements, stock dividends, and ex-dividend status. It references symbols like a b c d and letters indicating various payment conditions, while noting special or extra dividends and disclosures linked to financial tables. It also mentions bankruptcy and foreign issues subject to tax considerations.
MENTIONED IN THIS ARTICLE
Neres
Administration Scrambles To End Controls In April
The Nixon administration plans to lift wage and price controls quickly but may not finish by April 30. It likely proposes continuing controls in trouble areas such as health, construction, and food industries, with authority possibly extended beyond April. Director Dunlop will testify before the Senate on the future of controls.
MENTIONED IN THIS ARTICLE
R. Gregory Nokes
Associated Press
Washington (Ap
Nixon
Cong
Congress
John T. Dunlop
Cost of Living Council
Senate Banking Committee
Council
Impeaching Nixon for Neglect Raises Questions
RALEIGH AP The Dean of Cornell Law School says Congress could impeach President Nixon for neglect of duty without a criminal offense. Roger Cramton, ex assistant attorney general, noted impeachment can proceed without a high crime and speculated Nixon might resign, citing public moral indignation as influential. He described White House aides at the time and his role in the Nixon era.
MENTIONED IN THIS ARTICLE
Cramton
Nixon
White House
H. R. Haldeman
John Dean
Department of Justice
Congress
Governor Taps Powell For Seat
RALEIGH AP State Rep Edward L Powell R Forsyth has been appointed by Gov Jim Holshouser to a seat on the North Carolina Commission on the Education and Employment of Women.
MENTIONED IN THIS ARTICLE
Raleigh
Edward L. Powell
Forsyth
Jim Holshouser
North Carolina
Commission On the Education and Employment of Women
Over The Counter Bid-Asked Quotations Report
NASD inter-dealer quotations at 11 a m provided by E F Hutton list bid and asked prices for American Furniture Anheuser Busch Bassett Furniture Coca Cola Bottling and others. Prices shown exclude retail markups commissions and vary with market changes throughout the day.
MENTIONED IN THIS ARTICLE
High Point
E.F. Hutton & Co. Inc
American Furn
Anheuser-Busch
Atlantic Pepsie Ge
Bassett Furn
Bluefield Supply
Cameron Fin Corp
Chatham Mfg
Coca Cola Bt. Con
Daniel Intl. Com
D-head Corp. T
Henredon
J. B. Ivey
Burne
Life of Carolina
Ncnb Corp
N.C. Natural Gas
Western Inv. Com
Phillips Foscue
Piedmont Avia. Sie
N.C
Rex Plastics
Royal Scots, Inns A
Sout
West Knitting
Auto Workers Laid Off Due To Truckers' Strike
DETROIT AP More than 18 500 workers at seven Midwest auto plants suffered layoffs or shifted cuts due to parts shortages from the truckers strike. GM AMC and IH ordered job freezes with Chrysler cutting two plants. Ford reported no impact yet. GM laid off 4 400 Dayton Delco workers and 3 200 of 4 500 at Defiance foundry. AMC laid off 2 500 Milwaukee body plant workers and another line idled at Kenosha. IH laid off 1 000 at Fort Wayne Scout line. Chrysler half shifts for 5 150 St Louis and 4 700 Belvidere workers, with Belvidere closed rest of week. More could follow if the strike persists. GM said Ohio plants face threats.
MENTIONED IN THIS ARTICLE
Detroit
Midwest Auto
Delco Products
Dayton
Ohio
Defiance
American Motors
Milwaukee
Wis
AMC
Kenosha
Fort Wayne
Ind
Inter
National Harvester
Chrysler
St. Louis
Belvidere
Venus Pictures From Mariner 10 Nears Closest Approach
NASA’s Mariner 10, about 27.5 million miles from Venus, aims for a close pass with a 1108 pound probe. Two cameras begin 30 minutes before closest approach and will take photos for about 17 days as the spacecraft reaches roughly 3585 miles from Venus.
MENTIONED IN THIS ARTICLE
Lee Margulies
Associated Press
Pasadena
Calif
Sur
Venus
Mariner 10
Earth
Mariner
Gasoline rationing doubts and Venus probes mix in 1970s brief
A House panel chair warns rationing unlikely as shortages stay spotty and urges motorists to limit purchases to at least three dollars. New Jersey's governor moves to use emergency powers for allocation. Amoco cuts gasoline prices slightly to follow pricing formulas. Separately, Mariner 10 nears Venus after a 107 million mile journey, sending photos and data to study Venusian atmosphere and clouds likely sulfuric acid droplets.
MENTIONED IN THIS ARTICLE
New Jersey
Brendan T. Byrne
Venus
Mariner
Mercury
Earth
Moon
Kohoutek
Jet Propulsion Laboratory
Hawks suspend Maravich indefinitely for disciplinary reasons
Atlanta Hawks coach Cotton Fitzsimmons announced Pete Maravich has been suspended indefinitely for disciplinary reasons. Maravich, a leading scorer in the NBA, was not immediately available for comment.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
Atlanta Hawks
Cotton Fitzsimmons
Pete’ Maravich
Maravich
National Basketball Association
Mayor Alioto’s wife found safe after missing in California
San Francisco Mayor Joseph L Alioto announces his wife Angelina has telephoned to say she is safe. Police had issued an all points bulletin after she vanished from a Palm Springs resort 19 days earlier. The mayor, seeking the Democratic nomination, had canceled campaign events since late January.
MENTIONED IN THIS ARTICLE
San Francisco
Joseph L. Alioto
Alioto
Angelina
Tom Flynn
Aliato
Palm Springs
Calif
California
Nixon subpoena order marks first for a president
A Los Angeles judge signed a subpoena compelling Nixon to testify in the burglary conspiracy case against Ehrlichman aides. The move comes as Jaworski's team disputes evidence of Dean lying. The White House vows to resist on constitutional grounds while considering written interrogatories. Public records note Nixon’s legal costs neared $290,418 in six months.
MENTIONED IN THIS ARTICLE
White House
Nixon
Jaworski
John W. Dean III
Dean
Los Angeles
Superior Court
Gordon Ringer
John D. Ehrlichman
Washington Superior Court
Ringer
Ehrlichman
G. Gordon Liddy
David Young
Lewis Fielding
Pentagon
Daniel Elisberg
Senate Watergate Committee
Secret Service
Donald
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