Market steadies after early drop as oil embargo ends
New York stock market steadied after a sharp morning decline. The noon Dow Jones average fell 4.85 to 869.37, with losers outpacing gainers about 6 to 2 on the NYSE. Traders cited inflation and rates as key concerns as oil-linked stocks faced profit taking. General Electric led activity with a 207,300 share block traded at 51. Fox-Stanley Photo Products fell after a large trade, while Medenco rose on earnings hopes and a share offering withdrawal. The Amex volume leader dropped 1.44 to 9 1/4 after a big trade.
MENTIONED IN THIS ARTICLE
New York
Jack Trachtman
Steiner, Rouse & Co
General “‘Electric
American Stock Exchange
Walt Disney Production
Ramada Inns
General Motors
Medenco
Amex
Fox-Stanley Photo Products
Ste
NYSE
New York Stock Exchange Price List Snapshot
A chaotic OCR ledger from the New York Stock Exchange shows assorted price data for numerous tickers, with columns labeled Last High Low and Abbr. The fragment includes numerous company symbols such as A and Amex, Alcoa, Allied, Ampex, Boeing, and AT&T, interspersed with stray numbers and letters. The text also contains a note about the High Point Enterprise newspaper and subscription rates.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
AlcanAluy
AllegCp
Aligludl
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Aleoalad
AMBAG
DSR
AmAfrlia
AmCan
ApecaCorp
ArchDan
Armco
ArmstCk
Ashdoh
Boeing
Bolse Cas
Borsien
Brunswk
Va BucyEriet
High Point
Enterprise
High Point Enterprise, Inc
Church Avenue
N.C
Associated Press
American orange rounures and dividend terms overview
A fragment listing terms related to stock dividends and distributions. It enumerates statuses such as annual rate plus stock dividend, liquidating dividend, declared or paid within 12 months, after split, accumulative in arrears, new issue, paid this year with omitted or deferred action, declared or paid in prior periods, ex-dividend, ex-distribution, ex-rights, ex-dividend with sales in full, and related notes including warrants, issued on issue dates, and bankruptcy or foreign tax considerations.
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MorNor
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Mistrell
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OTC Bid-Asked Quotations From NASD Furnish Interdealer Prices
NASD quotations around 11 a.m. show representative inter dealer prices. Markets change during the day and prices exclude retail markup markdown or commissions. Quotations provided through the High Point office of E. F. Hutton & Co. Inc.
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High Point
E. F. Hutton & Co. Inc
Woods Testimony Shows Vesco List Omission From Campaign Donor Records
Rose Mary Woods testified in the Nixon era criminal trial of John Mitchell and H. R. Stans. She described a pre April seven donor list used as a guide for White House guest selection and confirmed Vesco names appeared on a separate November 29, 1972 document linked to a White House functions list, though they were not invited to dinners.
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NEW ‘York
Rose Mary Woods
Atty
John N. Mitchell
Commerce
Maurice H. Stans
Mitchell
Stans
Miss Woods
Robert Higgins
Office of Federal Elections
General Accounting Office
Robert ‘L. Vesto
Securities and Exchange Commission
Vesco
Nixon
Woods
SEC
White House
St. Clair
Doar
St. C
Yittee
U.S
John J. Sirica
Rodino
Embargo Lift Stirs Kremlin as Arabs Break With Moscow
Arabs lift oil embargo amid Middle East tensions while Moscow’s warnings go unheeded. U S influence grows among Arab states despite Soviet backing for Egypt and Syria. Brezhnev wavers between detente and leverage as Soviet hawks challenge long-range gains. Kissinger policy faces renewed criticism in recent Soviet press. TIP TO MOTORISTS Play it safe on the highways whenever visibility is reduced and slow down.
MENTIONED IN THIS ARTICLE
Associated Press
Middle East
Moscow
United States
Israel
U.S
Kremlin
Soviet Union
Egypt
Syria
Aswan
Leonid
I. Brezhnev
Nixon
Henry Kissinger
Airline Fare Changes Ordered By Civil Aeronautics Board
The Civil Aeronautics Board ordered fare adjustments to reflect distance, raising short flight costs while lowering some long-distance fares and expanding the first class coach differential. Changes begin gradually, with July adjustments and a two year plan to fully align costs. The board cited unjust current pricing and aimed for a system based on service cost.
MENTIONED IN THIS ARTICLE
Washington
Civil Aeronautics Board
Board
Boston
Hartford
Conn
Miami-St. Louis
Miami-San Francisco
Women Shot Down On Street in Martinsville Slayings
Martinsville police say they have several suspects but no arrests in the slayings of Elizabeth Hairston Stockton 27 and her niece Beverly Marie Hairston 19 of Axton. Both women were found on a Martinsville sidewalk about 8 30 p m Sunday after being shot in the head with a high powered rifle. They worked for DuPont in town. The sisters lived in Axton about 15 miles west of Martinsville.
MENTIONED IN THIS ARTICLE
Martinsville, Va
Henry County
Martinsville
Elizabeth Hairston Stockton
Rt. 1
Axton
Beverly Marie Hairston
Summer Gas Rationing Seen as Unlikely This Summer
Officials say the Arab oil embargo ending virtually eliminates gasoline rationing risk this summer while reserves and demand will test how tight supplies remain. Federal Energy Office warns conservation still needed as U S demand rises and Middle East production stays flat.
MENTIONED IN THIS ARTICLE
Washington
United States
Federal Energy Office
Europe
John C. Sawhill
Sawhill
U.S
Blueprint Plan for Tomorrow's Movements
A concise plan outlines laying a foundation to secure tomorrow's success. It stresses early groundwork, clear milestones, and coordinated actions to prevent failure. Key steps include defining objectives, allocating resources, assigning roles, and monitoring progress. Security and efficiency are emphasized throughout the framework.
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