Market dips steady after sharp drop amid oil concerns
New York stock market extends losses at midday with declines outpacing advances two to one on the NYSE. Dow Jones slips 2.74 to 801.16 after steeper earlier drop as investors weigh high prices and oil shortages. British Petroleum leads volume with a 11% drop on a 100000 share trade. composite index down 0.19 to 48.38. AMEX off 1.15 to 92.53.
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Stock prices read like a jumble at noon trading
Noon prices from the New York Stock Exchange show mixed readings across many tickers. Major indicators depict varied performance with several large names like Boeing and AT&T listed among shifts, while overall activity remains unsettled.
American Exchange Noon Prices Report
The American Stock Exchange posted noon prices from New York, listing current quotations for active listings and market activity. Prices reflect trades and adjustments from trading sessions, with details on key stocks and sectors showing movement.
Second Letter From Hearst Kidnappers Arrives
A second letter from Patricia Hearst kidnappers reached a Berkeley radio station with a demand for food for the poor and a cassette purportedly containing Hearst voice. FBI officials indicated the letter may be proof she is safe, noting a tape and hostage voice. Randolph Hearst announced the arrival from the Hillsborough mansion, signaling another development in the case.
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Berkeley
Calif
Patricia Hearst
FBI
Charles Bates
San Francisco
Miss Hearst
Randolph A. Hearst
Hillsborough
Bates
Hearst
Patty Hearst
KPFA
The
Symbionese Liberation Army
Solzhenitsyn faces possible anti Soviet slander charges
A Soviet prosecutor hinted at trial for Alexander Solzhenitsyn for anti Soviet slander or a warning to stop talking to Western reporters. The writer who survives in exile has faced bans at home and Nobel recognition abroad. He previously refused to travel to Stockholm to accept the prize. The action could keep him in custody during a nine month investigation with potential seven year labor camp and exile penalties.
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Solzhenitsyn
West
Russia
Writers’ Union
Soviet Union
Ivan Denisovich
Nikita Khrushchev
Stockholm
Siberian
United States
Voluntary Gasoline Rationing Discussed in Raleigh
Senator Robert J. Barker proposes adopting the Oregon plan for voluntary statewide gasoline rationing in North Carolina. The scheme would let even numbered license plates buy on even days and odd plates on odd days, with flag signals at stations indicating gas availability to motorists and priority vehicles.
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Oregon
North Carolina
Robert J. Barker
Rwake
Burlington
Havelock
Barker
Wake
Examination By Voodoo Requested In Miami Court
Defense lawyer sought to have the defendant examined by a voodoo doctor or exorcist in a hearing over competency to stand trial for the murder of his common law wife. Judge Satin denied the motion, noting the request's impracticality. Harvey Outler, 36, believes a curse by Mable Young, 31, led to the shooting on April 13. Police say she was shot in the face with a pistol.
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Miami
Fla
Circuit Court
Dan Satin
David Cerf
Cerf
Harvey Lee Outler
Outler
Mable Young
Satin
Fuel Independence Demands Broad Effort 1980 Plan
Federal Energy Office outlines steps toward U S energy independence by 1980 including economical cars higher gas prices and new taxes while demanding shifts in industry energy use. It calls for coal powered plants more oil shifted out and delaying some clean air standards. Lead figures Nixon's Project Independence aims.
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Stan Benjamin
Associated Press
Washington (Ap
United States
U.S
Federal Energy Office
FEO
Nixon
FEC
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