Stock Market Downturn Eases Slightly Amid Bargain Hunt
New York trading mixed as the Dow falls 2.90 to 851.45 at noon and declines ease from prior slides. Westinghouse led active list on the Big Board, while Holiday Inn s tumbled amid bearish notes. Upjohn and Syntex also slipped on concerns over drug side effects and prior losses.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Westinghouse Electric
American Stock Exchange
Holiday Inns
Wall Street Journal
Wall Street
Upjohn
Syntex
New York Stock Exchange ends midday as high points rise
The New York Stock Exchange shows mixed activity at noon with multiple blue chips moving, led by Admiral and Texaco. Traders monitor shifts in energy and industrials as prices fluctuate and key shares post gains and losses.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange Sa
Texaco
Hailburd
Hercules
HoernWi
Homestila
Try Inlet
AMP Inc
Asdor Ghdd
Babesw
BeslFuxas
Faye
Beecair
Jonlog BO
Ld BellHow
Jontaul
Bendix
BenllCa
Bethstt
Apt
Akzonal
AlcanAlul
Aligtudle
Va Armetol
Boeing
BoiseCas
Sige Jnight
BucyEriel Wis
Koppishes
Bvddeo
Trattco
Bulovan
BunkrRadd
Bronceh Ae Toe
Levitz Furn
Ind. Ralls Util
Storks
Lama Hse Iara
Fun
Macy
Marcor
McDonalds
BM Bia
Ncashr
NatFuel
NatGy
EngEll
Dividend footnotes and notation in the table guidance
The text enumerates footnote symbols and meanings for dividend rates in a financial table. It defines indicators for regularity, special dividends, stock dividends, liquidations, and timing like prior or forthcoming payments. It also covers ex dates, rights issues, warrants, and foreign tax considerations.
Oil Bill Seeks Strict Price Ceilings on Oil and Products
The new bill would require the president to maintain rigid ceilings on oil and petroleum product prices while largely mirroring the old measure. It would let big companies pass to consumers only imported oil price increases from taxes and royalties paid abroad, offset by gains from lower U.S. tax liabilities. A retired Standard Oil executive told senators a 1968 memo predicting a decade of world surplus lacks significance.
MENTIONED IN THIS ARTICLE
Jackson
U.S
Standard Oil Co
California
Senate
Senate debate on North Carolina finance and interest rate policy
Taylor blasted past legislative steps raising rates from six to eight percent in 1967 and 1969 and warned that similar fixes for middle income families investing in shopping centers and offices would fail again, saying current efforts will not solve the problem.
MENTIONED IN THIS ARTICLE
Taylor
Stans Lied Says Cook in Nixon Campaign Probe
Former SEC chairman G. Bradford Cook testified that Maurice Stans told him to lie to a grand jury about a $200,000 Vesco contribution to Nixon’s 1972 re election. Cook said he lied twice, then chose to tell the truth, during a White House meeting with Stans. The trial of Stans and John Mitchell centers on alleged efforts to obstruct a SEC probe into Vesco.
MENTIONED IN THIS ARTICLE
NEW York (Ap
G. Bradford Cook
Securities and Exchange Commission
Maurice H. Stans
Nixon
Cook
Stans
Robert Li. Vesco
Commerce
Atty
John N. Mitchell
White House
Walter Bonner
SEC
Bonner
Mitchell
Vesco
Oil firms deny planned crisis in Senate testimony
Exxon vice president George T. Piercy testified the oil shortage was not planned, noting the company spent 2.4 billion in the U.S. and 1.6 billion overseas on exploration in 1967 63. G L Parkhurst of Socal cited over a billion dollars in U.S. expansion and programs in 20 countries during the 1960s. He defended Aramco's four company ownership and warned breaking it up would harm the enterprise. Local also claimed Aramco oil was resold to up to 45 independents.
MENTIONED IN THIS ARTICLE
Exxon Corp
Standard Oil Co
California
Free World
Saudi Arabia
Iran
George T. Piercy
Exxon
United States
G. Ul, Parkhurst
Middle East
Socal
Parkhurst
Arabian American Oil Company
Texaco
Mobil
Aramco
Subcommittee
Frank Church
Idaho
Banana export tax may raise US banana prices
Standard Fruit Co. says it may suspend exports from Honduras for weeks due to a new export tax set by seven Latin American banana producers including Guatemala, Costa Rica, Honduras, Nicaragua, Panama, Colombia, and Ecuador. The tax, 1.0 to 2.5 cents per pound, could lift U.S. retail banana prices from 16.5 to 20 cents. The measure takes effect April 1 and is expected to reduce banana demand temporarily.
MENTIONED IN THIS ARTICLE
Tegucigalpa
Honduras
Standard Fruit Co
United States
Standard
Guatemala
Costa Rica
Nicaragua
Panama
Colombia
Ecuador
Legislator’s mailings under scrutiny amid privilege rules
Legislative rules restrict sending more than 50 letters daily without approval. Clyde Ball claimed oral permission from Speaker James E. Ramsey, who denied granting such power. Ramsey pledged immediate stop. Records show Rep Gerald Arnold mailed 183 letters on March 19 1921 in response to constituents, while declining to show copies.
MENTIONED IN THIS ARTICLE
House
Senate
Clyde Ball
Legislative Services
James E. Ramsey
Mohn
Ramsey
Gerald Arnold
D-Harnett
White House mum on subpoenaed Watergate tapes
House and Senate Watergate actions unfold as leaders push for access to presidential conversations. Senator Ervin denounces Attorney General Saxbe after the Justice Department opposed the committee’s suit for five tapes, saying Saxbe violated a pledge to defer to the special prosecutor.
MENTIONED IN THIS ARTICLE
White House
Special
House
John J. Rhodes
Arizona
Judiciary Committee
Ronald L. Ziegler
Sam J. Ervin Jr
Dn.c
Senate Watergate Committee
William B. Saxbe
Justice Department
U.S. Court of Appeals
Ervin
Saxbe
Leon Jaworski
Potassium and Sodium Key for Body Water Balance
Potassium and its related mineral sodium are needed to maintain a normal balance of water between the cells and the body fluid. This essential pairing supports cellular function and overall fluid regulation in the body's systems.
Anti Chavez Campaign Reported By Los Angeles Times
Los Angeles Times reports the Teamsters Union is spending up to 100000 dollars a month to recruit farm laborers and weaken Cesar Chavez s United Farm Workers of America. Teamsters widen outreach to field workers, hire public relations help, and press a counter to the UFW boycott affecting grape and lettuce growers under Teamster contracts. Chavez remains confident his union will prevail and vows to beat the Teamsters this year.
MENTIONED IN THIS ARTICLE
Los Angeles
Teamsters Union
Cesar Chavez
United Farm Workers of America Union
Los Angeles Times
Teamsters
UFW
Goliath
Chavez
David
Cono Mecias
Teamsters’ Agricultural Workers Organizing Committee
United Farm Workers
The
Times
Frank Fitzsimmons
United States
Man Charged With Receipt Of Stolen Gas
CHARLOTTE AP The FBI says Edward Brown of Carolina Beach is charged with receiving 8000 gallons of stolen gasoline in a case tied to a fuel theft scheme.
MENTIONED IN THIS ARTICLE
Charlotte
FBI
Edward Brown
Carolina Beach
Special Interest Funds Pile Up For Election
Special interest money for 1974 congressional races is accumulating rapidly, with on hand funds at $14 million to $15 million across committees. Common Cause notes 1972 saw $14.2 million from interests to Democrats and Republicans, while 1974 potential totals exceed 1972 spending, signaling large early fundraising despite reform debates. Fred Wertheimer warns that without reform, special interest contributions will surge in the fall elections.
MENTIONED IN THIS ARTICLE
Don McLeod
Washington
Congress
Nixon
Common Cause
Democratic House
Senate
Fred Wertheimer
Common Cause Campaign Finance Monitoring Project
Wertheimer
Bank Robbery in Fayetteville Shopping Center
A masked gunman robbed a Fayetteville bank in a shopping center on Wednesday. The FBI said the robber fired a shot into the floor when the manager did not immediately lie on the floor.
MENTIONED IN THIS ARTICLE
Fayetteville
N.C
FBI
Southern National Bank
Also Mentioned on This Page
Business and Financial News Stock Market Report
Associated
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
Associated Press
AP News
Ara Independant Contractors
Focal
Ward-Griffith Company
National Advertising Representatives
UniTett
UnivOil
Fa Upjohn
Ise
Wachova
Tis
Westgel
Cerrocos
Nortikwos
Chessie
Northr
Chris Cratt
OlinCorp
Omark
Lad ColGasi
Comsat
Asamerao
Bansircht
Barneseng
Ams
ComtOillao
Cinerama Crowntor
Pfizer
CrwZell
Doom Curtisw
FedResrees
DeltaAir
Psvcoll
Dennys
PSVEG
instrumsSys
Dressers
Questar
Ralston P
Oughtavalsi
Rancomn
RapidAmt
Eastairlin
Easkal
Ark Vere
Pia
LaMaur
RF Ave
Eaton
wiReady Co
Lee Entr
Ehracpt
Reichen
Watley Gcansteel
RyderSy
Firestone
Permaner PhoenixSite
Aha Kary Wa Vikoa Inc
Immgaf Cp
Gaonnett
Gendynam
Singer
Corp
GenEl
SmithKlinez
Ava
SouthCo
Gillette
Grace
Stevens
Giwnfin
A.P. Stock
W-Jones
Storks Windus
Industria
Trasportation Finance
Ap) — Oil Company
Senate Foreign Relations
Chicago
Illinois
Sen
Charles H. Percy
Arnold
State Court of Appeals