Market turns after oil hopes lift stocks
New York stocks rose sharply on hopes Arab oil embargo may ease after President Nixon cited a possible increase in exports. The Dow gained to 883.96 at noon, up 9.41, after an earlier surge of more than 19. Penn Central led NYSE volume with a fractional decline as investors reevaluated the outlook.
MENTIONED IN THIS ARTICLE
New York
Nixon
United States
Europe
New York Stock Exchange
Robert Colin
Faulkner
Dawkins & Sullivan
Penn Central
New York Exchange Noon Prices Reported
New York Stock Exchange noon prices were published by AP with updates on trading levels, reflecting overall market activity and key stock movements across major listings.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Ceccc
Transportation Assity Ve
American Stock Sells and Market Figures From AP Ledger
The Associated Press 1973 stock table shows United States listings with earnings, dividends, and price changes. It includes numerous corporations such as Amex, Frontier Air, Giant Yidda, and Ark r p listings, with notes on dividend types and special payments.
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Cinerama
Cressea
DixilynCor
Essex
Fee - FedResrees
FrontierAir
Husky Oil S
LacwThewt
Medetica
Sa MichSuy
Newldhiam Tsk
VSG Wen
NewparkRs
NorCdodils
OKC
Cpa
Mab
Ozark Airlin
Permaner
RathPack
Stathamins
Valapar
Viewlex
Vikgalnc
Wlncorp
Westats
Vis Wilsbro
oSe
Yavestad
Associated Press
Inlees
Ford Privacy Probe Elevates Privacy Clash in Ford Hearings
At confirmation hearings for Vice President-designate Gerald R. Ford, a Republican on the House Judiciary Committee labeled the probe into his finances an offensive invasion of privacy. Ford denied wrongdoing, defended the clothing deduction, and said state contracts for a Michigan label firm were a negligible part of its business. He also rejected any offer to aid Louis Wolfson and testified about an IRS-audit covering 1966 to 1972.
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Associated Press
Washington
Gerald R. Ford
House Judiciary Committee
Ford
Jack Brooks
D-Tex
China
Internal Revenue Service
Brooks
Michigan
Robert McClory
Bill
Jerome R. Waldie
D-Calif
House Judiciary
Wolfson
Supreme Court
William O. Douglas
Waldie
Benton L. Becker
Becker
Bittman
Douglas
Nixon Faces Mixed GOP Push for Full Watergate Disclosure
President Nixon's offer of greater disclosure drew cautious Republican reactions. Sen Schweiker and Sen Packwood urged full disclosure and unlimited questioning on television to restore credibility, while Sen Stevens and others noted a rough, frank session. Some remained guarded, avoiding direct criticism.
MENTIONED IN THIS ARTICLE
Carl P. Leabsdorf
Washington
Nixon
Richard S. Schweiker
Pennsylvania
Bob Packwood
Oregon
Schweiker
Packwood
Ted Stevens
Alaska
Frank
Market Ends Near Bear-Bottom as Energy Crisis Deepens
Since Oct 29 the market closed at 874.55, near its August low after an eight month bear run. Analysts debate whether a bottom is in, as energy problems loom large. David Wendall of Babson cites a buying chance despite underestimating the crisis and warns of a 25 to 30 percent fuel gap next year if Arab oil declines. Hooper notes the crisis is getting serious and doubts the market has overcorrected.
MENTIONED IN THIS ARTICLE
David Wendall
David L. Babson Associates
Boston
Wendall
Hooper
Richardson helped shape Watergate Cox tapes plan, White House says
In a White House line, Richardson originated a proposal to limit the Cox watergate inquiry as part of a package to resolve the nine subpoenaed tapes dispute. Nixon aides say Richardson privately supported both sides of the plan, while Richardson says he opposed tying Cox’s investigation to the Stennis tape verification. Senator Hruska called Richardson inaccurate in recollections of the Wednesday night meeting.
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Haig
Richardson
Cox
Roman L. Hruska
Rneb
Nixon
White House
Federal Court of Appeals
U.S. District Court
John J. Sirica
John C. Stennis
D-Miss
Stennis
Kennedy kin visit Teddy Jr amid cancer tests
Kennedy family members including Joe Kennedy Eunice Shriver Pat Lawford and Mrs Joan Kennedy spent the late morning with Teddy Jr at Georgetown Hospital where he is undergoing tests for bone cancer. The child, in yellow pajamas, sits in a wheelchair as doctors pursue diagnosis.
MENTIONED IN THIS ARTICLE
Kennedy
Teddy Jr
Hooton
Joe Kennedy
Robert F. Kennedy
Eunice Shriver
Pat Lawford
Joan Kennedy
Georgetown Hospital
Milk Fund Question Embroils Connally Milk Fund
Former Treasury Secretary John B. Connally testifies to a Senate Watergate panel that dairy industry pressure on price supports involved no political commitments. He recalls AMPI fundraising and notes he declined to designate how funds should be spent, while investigators cite possible offers of money and his central role in the milk price decision.
MENTIONED IN THIS ARTICLE
Washington
Treasury
John B. Connally
Senate Watergate Committee
Nixon
Texas
Connally
Hardin
George P. Shultz
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