Stock Market Slips On Nixon Energy Message
New York stocks fell at noon as investors reacted with disappointment to President Nixon's energy speech. The Dow dipped 23.93 to 830.07 with breadth negative about 7 to 1 on the NYSE. Gulf Oil led volume, up 5 percent. RCA, McDonald’s, United Aircraft, and Eastman Kodak also bulked with mixed moves amid inflation concerns.
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Nixon
New York Stock Exchange
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New York Stock Dividend Codes and Terminology
A list explains unofficial sales figures and dividend rates, with codes for special or extra dividends, stock dividends, liquidating dividends, and various declaration timings. It covers ex-dividend status, warrants, rights, and related tax notes.
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Kill Off Marginal Stations Sunday Closings Spark Skepticism
Service station owners react to Nixon energy plan by largely pledging Sunday closings yet voicing doubt about impact. Some fear income loss while others foresee belt tightening as a gas supply cut looms. Industry figures note most stations already close Sundays, arguing the policy may not curb demand. Local officials predict mixed effects on price and availability amid broader energy measures.
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Craig Ammerman
Associated Press
Nixon
Walter F. Stein
Columbus
Ohio
National Congress of Petroleum Dealers
Nixon and public confidence in the Watergate era
A Harris Survey shows one in three Americans distrust Nixon as president and questions whether he can regain trust in the next 14 months. The key to restoring standing lies in his ability to persuade the public via Watergate tapes that he had no involvement or knowledge of 1972 events.
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Nixon
Richard Nixon
Neon Discovery By Ramsay And Travers In 1898
Neon meaning the new one was discovered in 1898 by British scientists Sir William Ramsay and M W Travers.
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Sir William Ramsay
M.W. Travers
Highway Speed Sign Installation Delayed in NC
RALEIGH AP Installation of signs cutting North Carolina highway speed limits will begin Tuesday 24 hours behind schedule. A Division of Highways spokesman said the delay was to seek clarification on legal authority to set lower limits without legislative approval. Governor Holshouser ordered a 55 mph limit though further reductions require legislators. President Nixon seeks nationwide 50 mph federal action.
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Raleigh
North Carolina
Division of Highways
Jim Holfhouser
Nixon
Woods testifies about Camp David tape delays in Watergate case
Miss Woods repeats testimony about nine Watergate tapes subpoenaed by prosecutors. She recalls receiving eight tapes at Camp David on Sept. 29, including the June 20 meeting, but Haig allegedly ordered the Haldeman portion not to be transcribed. She describes brief contact with President Nixon at Camp David and hearing two to three voices on the tape. Sirica recessed for lunch after a bench conference with White House counsel Garment.
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Miss Woods
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Alexander M. Haig Jr
Haldeman
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John Ehrlichman
Ely, Nev
Leonard Garment
Sirica
Ford Nomination Tops Senate Agenda After Thanksgiving
Senate debates Gerald Ford nomination to be vice president as energy legislation and a daylight time bill move. House Judiciary Committee continues Nixon era proceedings on Ford for Agnew replacement while considering a year round daylight saving measure. A Saxbe salary rollback bill faces constitutional questions.
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Gasoline rationing plan aims 1974 supply cuts
The White House proposed voluntary 15 percent cuts in gasoline deliveries for the first quarter of 1974, with refineries asked to begin immediately. Retail and wholesale distributions would see 15 percent reductions, while consumer rations would be instituted without coupons. Jet fuel allocations to airlines would also be trimmed starting December 1, with international lines limited to 1972 levels and domestic lines to 95 percent of 1972. Beginning January 7 all airlines face a 15 percent cut from last year’s supplies.
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White House
Coxs dismissal and Jaworski named special prosecutor
Within a week the President agreed to give Sirica the tapes Cox subpoenaed and to permit Bork to name a new Special prosecutor Jaworski head of a Houston law firm and former ABA president. Skeptics worry he will compromise rather than clash with the White House. Jaworski will review materials the White House claims must be kept secret to judge validity.
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Sirica
Atty
Robert H. Bork
Bork
Jaworski
Houston, Tex
American Bar Association
White House
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