Market slips as investors weigh borrowing costs and Cyprus
In a slow session the Dow dipped 3.83 to 784.11 as losses edged gains on the NYSE. AT&T traded most actively, Exxon rose after a strong quarterly report, Koehring fell after omitting its dividend, Mountain Fuel climbed, and Utah PSC allowed fuel separate operations for rate tests. Composite index eased 0.18 to 43.56 while gold stocks cooled after last week’s gains.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
American Telephone & Telegraph
American Stock Exchange
Exxon
Koehring
Utah Public Service Commission
NYSE
Yellowknife Mines
Amex
New York Stock Exchange 1978 market snapshot overview
New York noon stock table from AP shows prices and percent changes for many firms across industries led by major names such as Textron Coca Cola Co and General Electric. The page lists bid ask high low and percent changes with numerous company tickers including RCA RCA and Goodyear plus industry indices and notes on dividends and ex-dividend events.
Nixon would defy court over Amchitka blast in 1971
Time magazine quotes John W. Dean III that President Nixon stood ready to defy the Supreme Court in 1971 if it ruled against the atomic test at Amchitka Island. Dean says Nixon planned to explain the action as vital to U S military positioning against Russia, with others prepared to act if the ruling differed.
MENTIONED IN THIS ARTICLE
New York
Time Magazine
John W. Dean III
Nixon
U.S. Supreme Court
High Court
Amchitka Island
Aleutian
Alaska
Dean
White House
Supreme Court
Amchitka
United States
Russia
Thurmond Pressure Tied To Arnett Dismissal
Alvin J. Arnett says three weeks before his firing Sen Strom Thurmond pressed the White House for his removal. He cites Dean Burch relaying Thurmond's demand. Arnett was fired last Thursday as OEO director after opposing Nixon’s plan to phase out the agency. Thurmond denied pressuring over Marcy Corp. funding. White House spokesman said Arnett was not discussed in relation to that project.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
Alvin J. Arnett
Office of Economic Opportunity
Strom Thurmond
White House
Arnett
Dean Burch
Thurmond
Burch
Nixon
OEO
Atlanta Journal-Constitution
Marcy Corp
James E. Timmons Jr
South Carolina
Jim Timmons
Republican
Sunny
Marcy Grant
San Clemente
Calif
Gerald L. Warren
Atty
Elliot L. Richardson
Archibald Cox
Cox
Flowers
McClory
Judiciary Committee
Wiggins
Eastern Leaf Prices Open At 82 85 Cents
North Carolina tobacco warehouses in 23 eastern and sandhills cities opened 16 week sales with early prices averaging 82 to 85 cents per pound. First primings from lower stalks and lower nicotene content fetched mostly 84.50 per hundred pounds at Wilson and 82 per hundred at Rocky Mount, with some rows reaching 90 or more. Governors, farmers, and warehouse managers eyed openings as prices varied by market from Dunn to Greenville and Goldsboro.
MENTIONED IN THIS ARTICLE
Raleigh
N.C
Sandhills
Georgia-Florida
Rocky Mount
Jim Holfhouser
Wilson
Holfhouser
Farmers Cooperative
Clifford B. Aycock
Kenly
Dunn
Greenville
Ford to raise 1975 model prices about 8 percent
Ford Motor Co says the price rise will average 8 percent on 1975 models when new Fords go on sale this fall. The increase would add about $200 to $800 per vehicle, averaging roughly $420, with distribution among models not specified. Ford cited rising costs and said pricing restraint remains, though some costs must be offset.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Ford
W.J. Oben
General Motors
U.S
Chrysler
Ford Tops Contender Survey in Gallup Poll
Princeton AP report shows Gerald Ford leading the 1976 Republican nomination race with 27 percent of Republican support and 20 percent of independents. Barry Goldwater Reagan tie at 16 percent among Republicans, Rockefeller 12 percent. independents split with Ford 20 percent, Reagan and Rockefeller 13 percent, Goldwater 11 percent. Poll of 1,509 adults conducted July 1-2. The piece also covers auto pricing trends and ongoing impeachment discussion regarding Nixon.
MENTIONED IN THIS ARTICLE
Princeton
N.J
Gerald R. Ford
Ford
Barry Goldwater
Arizona
California
Ronald Reagan
New York
Nelson Rockefeller
Reagan
Rockefeller
Goldwater
Gallup
TV QUESTION AND IMPEACHMENT DISCUSSIONS ON CAPITOL HILL
The article notes four committee members rejecting Ziegler’s charge of a kangaroo court as Watergate coverage continues. Time Magazine reports 26 to 12 leaning toward impeachment with Republicans split. Rabbi Baruch Korff announces a three day Capitol vigil with fasting to support the president and constitutional government.
MENTIONED IN THIS ARTICLE
Ment
House
Ziegler
Time Magazine
Time
Baruch Korff
Capitol Steps
Congress of the
United States
Nixon Daughter Seeks to Calm Backlash Over Impeachment
Los Angeles AP reports Tricia Cox, daughter of President Nixon, expresses disbelief at House Judiciary Committee backing impeachment. She blames jealousy from those in power, says the nation stands for justice, and questions whether the committee will adopt impeachment after reviewing the evidence.
MENTIONED IN THIS ARTICLE
Los Angeles
Nixon
Tricia Cox
House Judiciary Committee
Fighting Around Kyrenia as Cease Fire Approaches
From Kyrenia in northern Cyprus three hours before the cease-fire, heavy fighting raged as Turkish jets bombed Greek Cypriot positions while Greek artillery shelled from mountain ridges. AP photographer Roque reported two Turkish destroyers bombarding Kyrenia port as Turkey and the Greek junta announced agreement to the cease-fire.
MENTIONED IN THIS ARTICLE
Kyrenia
Jensen
Paul Roque
Nicosia
Turkey
Gurney Considers Renomination Amid Indictment
In Cocoa Beach Florida Senator Edward J. Gurney who faces a federal indictment says he will decide this week whether to seek renomination in the Republican primary. He notes a likely primary win but questions general election prospects while defending his innocence on charges tied to a $233000 secret fund from builders seeking FHA influence.
MENTIONED IN THIS ARTICLE
Cocoa Beach
Fla
Edward J. Gurney
Gurney
Senate Watergate Committee
Federal Housing Administration
Fulltime Prosecutor Prospects Dim in Watergate Debate
Associated Press reports dim prospects for a permanent special prosecutor as Senate hearings on two bills failed to win support. Testifiers included Archibald Cox, Ramsey Clark, and Nicholas deB. Katzenbach who argued against diluting executive accountability and questioned constitutionality. Critics feared a permanent office could undermine independence and oversight of government.
MENTIONED IN THIS ARTICLE
Washington
Senate Watergate Committee
Senate Judiciary Subcommittee
Archibald Cox
Nixon
Attys
Ramsey Clark
Nicholas Deb. Katzenbach
Cox
Watergate Committee
Senate
Judicial Branch
Judiciary Subcommittee
J. Ervin Jr
DN. C
Justice Department
Kennedy
Supreme Court
Arthur Goldberg
Atty
Richard G. ‘Kreindienst
Robert G. Dixon
Office of Legal Counsel
Burke Marshall
Yale Law School
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