Market slips as three day rally loses steam
New York stocks wavered with the Dow down 5.16 to 850.83 at noon as gains remained modest on the NYSE. Analysts blamed profit taking and energy price uncertainty while investors stayed cautious about inflation and supply prospects. American Telephore warrants led activity with a rise, Den-Tal-Ez tumbled 7 percent on weak Q4 results linked to rising costs. Kayser-Roth rose 44 to 14.34 amid a large 59,900 share block trade.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
American Stock Exchange
Den-Tal-Ez
Igay
Kayser-Roth
New York A P Stock Averages Reported At Noon
The New York AP noon stock averages show the market moving with slight shifts across sectors. Industrial shares rise modestly while transportation and utility groups slip, finance improves, reflecting mixed sentiment at midday.
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Stock Index
New York
New York Stock Exchange
Industri
Utility
Finance
Dow Jones Stocks and Bonds Summary Clipped Data
Industrial and transportation stocks show modest movement with a higher grade rails index noted. Public utilities and industrials appear in cautious gains, while second grade rails show small changes amid mixed market signals.
Nixon tape controversy signals open media briefing
The White House disclosed an order by Judge Sirica banning principals from discussing Watergate tape questions. Deputy Press Secretary Warren said Nixon has not prohibited questions and announced a news conference would be broadcast live by all national radio and television networks.
MENTIONED IN THIS ARTICLE
U.S. Dist
John Sirica
Nixon
Gerald L. Warren
Warren
Russians Reported Training Peruvians With Soviet Tanks
U S intelligence sources say Russian technicians have arrived in Peru to train Peruvian soldiers on T85 medium tanks bought from Russia last year. Peru's arms purchases alarm Chile and neighbors as authorities fear an escalating arms race in Latin America.
MENTIONED IN THIS ARTICLE
Fred S. Hoffman
Washington (Ap
U.S
South American
Peru
Peruuain
Russia
South America
Moscow
Chile
Allende
Soviet Union
Peruvian
Juan Velasco
Latin America
FBI Aid to Favored Congressman Denied by Rooney
Rep. John J. Rooney dismissed a New York Times report alleging J Edgar Hoover funneled sensitive FBI information to him and other favored congressmen. The Times cited a well placed source claiming the FBI aided Rooney’s 1972 primary opponent Allard Lowenstein case, while an FBI spokesman denied the story.
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NEW York
FBI
J. Edgar Hoover
John J. Rooney
New York Democrat
New York Times
the Times
Rooney
House
Allard K. Lowenstein
Lowenstein
Watergate grand juries near indictments in new probe notes
The article details Kalmbach’s conduit committee forming about March 1 1970, raising 2.8 million pledged and 1.1 million from an unidentified donor to Republican candidates in 19 states. It discusses Watergate grand jury expectations, potential indictments against former Nixon aides, and statements from Jaworski and lawmakers about ongoing investigations and trials.
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Conduit Political Committee
White House
Kalmbach
Nixon Administration
Jaworski
Atty
John N. Mitchell
New York
Mitchell
Senate
Watergate Committee
ITT
Commerce
Maurice Stans
Nixon
Galifianakis Eyes Republican Bid To Challenge In NC
Galifianakis talked with Democratic figures across the state before a news conference today. He struggled to find backers and was an unsuccessful 1972 Senate candidate, losing to Jesse Helms. GOP hopefuls announced include Horton and Carter, Young, Sweatt, while Democrats listed Chandley, Hare, Riddle, Johnson, Keene, and Haanon as contenders.
MENTIONED IN THIS ARTICLE
Galifianakis
Durham
Senate
Jesse Helms
Stevens
U.S
James Broyhill
Rn.c
Jim Hoishouser
Horton
Lowry Carter
Salisbury
Wood H. Young
Minneapolis
B.E. Sweatt
Boone
Fred D. Chandley
Wake Forest
William H. Hare
High Point
Charles B. Riddle
Goldsboro
James T. Johnson
Wilmington
Mildred Keene
Charlotte
Robert L., Haanon
Greensboro
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