Market slides as Arab embargo uncertainty weighs on stocks
The Dow Jones industrial average fell 6.10 to 81.73 as Islamic embargo doubts linger. Arab oil ministers delayed a decision on the embargo while pledging to keep prices high for three more months, prompting cautious trading and uneven gains on major exchanges. VCA Corp led volume after Ethyl offered to buy all outstanding shares at 18.50. Motorola rose modestly on news of a planned sale of its home TV unit to Matsushita.
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New York
New York Stock Exchange
United States
Vienna
VCA Corp
Ethyl Corp
VCA
American Stock Exchange
Motorola
Pean Matsushita Elec- Tic
Thiekel
Sps
Norton
Todd Ship
ColGas
OlinCorp
Ree
Ana Vets
Unit Saisah Stetie
Ala PacPeir
Useyeseo
US Ind
CrownCork
Panamai
Curtis
Heath Dennys
Dee
Tyes Va
Wit
Ty Whittaker
Eastairlin
EltraCp
Emerbl
Ralston P
Rancom
ZaleCorp
ReichCh
Rayccosd
Chi Wa Exchange
SanFeini
Sears
Smass
Ie —Exchange
Aia
YORK
Genescoinc
Dillard St
Wasie Pena GaPac
Smithkline
Gracei
Va Sperry R
Uae
AllgLuay
Ao Wi Siern T Co
InstrumEys
Va Stevens
AlisChal
GM Windwt
Samswy
Alcoa
Sunil
Halbarty
We TarteHk
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Kin Arkro
Dat
Ye Tektronx
Ava
Lee Ente
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Acyanl
Elena
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Lde
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Idaho
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ntPaul
Ida
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Ts. Bendix
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BEA
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Aenl
Épa
Associated Press
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High Point Enterprise Cagnyox
Ta Ta Ma
McDonalds
THE
High Point Enterprise, Inc
McGener
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Merty
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ST Iba
High Point
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Merck
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High Point Enterprise Classified Notice Credits AP Reproduction
Public notice states The Associated Press holds rights to local news printed in The High Point Enterprise and AP dispatches. It notes second class mail status and discharge of carrier payment responsibility.
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AP News
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N.C
High Point Enterprise, Inc
Ward Griffith Company
National Advertising Representatives
Dow Jones Averages Report Strong Activity and Declines
Market notes show varying symbols such as Averages with terms for dividends and splits. Data lists 12 month and current year payment states, exdividend, ex distribution, and related securities actions amid heightened activity and external reorganizations.
Hawaii Legislator Charges Federal Favoritism
Hawaii congressman Rep. Spark Magsunaga accused the federal government of discriminating against Alaska and Hawaii in funding for a seminar titled Women and the World of Work at the University of North Carolina. He said mainland travel was paid while that from Alaska and Hawaii was not.
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Washington
Hawaii
Alaska
North Carolina
Spark Magsunaga
Dhawaii
University of North Carolina At Chapel Hill
Weinberger
Magsunaga
University of Hawaii
University of North Carolina
U.S. Office of Education
Dayan Sent To Talks In U S On Syrian Front Pullback
Israel named Defense Minister Moshe Dayan to represent in Washington talks on a Syrian front troop pullback. Arab diplomats said Salah Eddine Tarazi of Syria will represent Damascus. Golda Meir ordered Dayan after a cabinet session and pledged a two week deadline. Foreign Minister Abba Eban cautioned against dogmatic talks but expected direct government leader involvement.
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Associated Press
Moshe Dayan
Washington
United Nations
Salah Eddine Tarazi
Damascus
U. N
Tarazi
Golda Meir
Dayan
Abba Eban
New York
Israel
Eban
ABC TV
Kissinger
Jerusalem
Cairo
Meir
Anwar Sadat
Egypt
Wachovia Realty Advances Dividend For Q2 1974
Wachovia Realty Investments Co trustees announce a 50 cent per share dividend for the second quarter of fiscal 1974, ending February 28. Prior quarter earnings fell to 52 cents per share from 58. A 11 cent quarterly income reduction followed loan income discontinuation. payable April 26 with record date April 5.
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Winston-Salem, N.C
Wachovia Realty Investments Co
Hart poised to move Watergate cases swiftly in court
Hart, son of a court reporter and Harvard-educated jurist, judges Watergate cases with insistence on swift trials. He warns six month time frame from indictment to trial is unattainable for such complex cases, reflecting Eisenhower era appointments and Sirica’s praise amid preparations for vacations after the Watergate trials.
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Hart
Watergate
Virginia Military Institute
Harvard Law School
Simea
Washington
Eisenhower
Sirica
District Court
Abduction ransom paid for Eunice Kronholm return
In Minneapolis, ransom was paid for the return of Eunice Kronholm, wife of Gunnar Kronholm, president of Drovers State Bank. The FBI reported her 1969 Buick Skylark found at Southdale Shopping Center in Edina. Her husband, who declined further comment, awaits word on her whereabouts as authorities handle the case.
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Minneapolis
Minn
Eunice Kronholm
Mr. Fleming
Gunnar Kronholm
Fleming
Edina
FBI
Wire Guild Strikes UPI Over Pay and Benefits
New York AP The Wire Service Guild began a strike against United Press International with about 50 pickets at the national HQ. Negotiations stalled after the old contract expired Friday midnight. The guild seeks a 10 percent annual across the board raise and broader benefits, while UPI offered 317 to 335 dollars weekly for top editors over two years.
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New York
Wire Service Guild
United Press International
News Service
Guild
UPI
Dale Johns
Johns
James Earl Ray Seeks End to Solitary Confinement
James Earl Ray, serving 99 years for the assassination of Martin Luther King Jr., says he has been in solitary since July 22, 1972. He described prison conditions, possible threats, and his court efforts to withdraw his guilty plea and obtain a full jury trial.
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Christopher Cabot
Associated Press
Nashville
James Earl Ray
Martin Luther King Jr
James Lesar
Ray
James Rose
Rose
Tennessee
L. Clare Morton
U.S. District Court
Henry Haile
Haile
Lesar
King
Memphis
Labor test vote in Commons tests Wilson minority government
Prime Minister Harold Wilson faces his first Commons test with a 299 seat tally, aided by abstentions from some opposition members and support from the Trades Union Congress for retaining the wage board while pressing repeal of the Industrial Relations Act. A defeat would trigger a confidence vote or new election.
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Peter Muccini
Associated Press
London
Harold Wilson
Labor
House of Commons
Wilson
Trades Union Congress
Labor Party
Edward Heath
TUC
Northern Ireland
Court rules on grand jury report in Watergate case
Judge Sirica described the sealed grand jury report as non accusatory and not a substitute for indictments. He said the judiciary committee should review a White House request to view the evidence, and that disclosure would not be justified by fears of leaks or publicity.
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Sirica
Judiciary Committee
Court
White House
Grand Jury
Nixon
Watergate Defense
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