Stock Market Rally Cools Oil Price Hope Drives Gain
New York stocks posted a strong session as hopes for cheaper oil and easier money fueled buying. The noon Dow rose 11.50 to 669.67 with NYSE breadth 7 to 2 advancers. American Telephone led volume, Northrop slipped amid a reported slush fund affidavit, and Houston Oil & Minerals climbed on offshore gas discovery news.
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New York
New York Stock Exchange
Mexico
American Telephone & Telegraph
American Stock Exchange
Northrop
Bausch & Lamb
McDonald's
Burroughs
Houston Oil & Minerals
Amex
Texas
New York stock data amid a garbled market brief
A noisy OCR led to a New York stock market update with scattered company names, percentages, and figures. The fragmentary text references the New York Stock Exchange noon data, with assorted tickers and numeric quotes sprinkled through a dense, unreadable stream.
American z Sales and Exdividend Terms
The text lists various financial terms and conditions including exdividend ex rights and distributions. It references sales in full and next day delivery, with notes on bankruptcy and foreign issue interest equalization tax where relevant. It reads as a glossary snippet of securities terminology rather than a narrative item.
Prosecution the 24 we High Point Enterprise notice
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Nixon aides face perjury counts in Watergate case
A.P. stock reports three counts of lying to the Watergate committee against Ehrlichman and one count of lying to FBI agents plus two counts to a grand jury. Indictment from March 1, 1973, seeks to corruptly influence the probe into the June 17, 1972 break-in. Jury of nine women and three men seated. sequestered for a trial expected to last three to four months. Jaworski resigns as special Watergate prosecutor effective Oct. 25, recommends Henry Ruth as successor. Behind the scenes Nixon remains an unindicted co conspirator as lawyers press their cases.
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Ed Sullivan dies after long TV career at 72
Ed Sullivan the host of the really big show on Sunday nights died of cancer at 72 in New York He passed away at Lenox Hill Hospital with longtime aide Carmine Santullo at his bedside Sullivan had been hospitalized since Sept 6 His TV program The Toast of the Town debuted on CBS in 1948 and ran 23 years bringing stars like the Beatles Elvis Presley and Jerry Lewis to American audiences He is survived by his wife Sylvia who died in 1973 a daughter Betty Precht and several siblings Funeral plans were not announced
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Ed Sullivan
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N.Y
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Rockefeller Gift Scrutiny Threatens Vp Nomination
Nelson Rockefeller faces recall questions from the Senate Rules Committee over gifts to friends and a 1970 derogatory campaign book. Lawmakers doubt confirmation before December as pressure mounts, with calls for Ford to withdraw the nomination and Rockefeller defending his actions.
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Nelson A. Rockefeller
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Goldberg
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Wayne L. Hays
Ohio
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Meet the Press
Hays
North Carolina Race Watch Focuses on Morgan Lake Ties
Tar Heel politics split over Morgan's 1960 Lake campaign involvement as Lake supporters urge a third party. Morgan aides call the letter only a disappointment while observers weigh whether race views have moderated and if Morgan can hold black and conservative voters.
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Lake
Tar Heel
H.M
Mickey’ Michaux Jr
D-Durham
Justice Lake
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D-Nash
Stevens
North Carolina
Michaux
the Lake
State Bureau of Investigation
Denims Drive Narrow Lead as Ford Approval Falls
Southeastern poll notes Ford's approval down 21 points since taking office with 50 percent approving, 28 percent disapproving and 22 percent undecided. Nixon pardon cited as chief cause. economy also a factor as of early September before Congress program. Denim industry gains cited in separate reports with Burlington and Swift Textiles shifting to denim production amid youth fashion trends.
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Governor Warns Hard Winter For North Carolina Oil Jobbers
Governor Jim Holshouser told North Carolina oil jobbers they face a difficult winter ensuring fuel supplies. He credited their cooperation in avoiding catastrophe last year and warned of severe weather, gas shortages, and higher demand for fuel oil. He urged best efforts from industry and consumers amid government red tape since the energy crisis.
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Asheville
Jim Holshouser
North Carolina
Holfhouser
Welfare Recipients Reduced Thus Far in 1974
Raleigh reports the North Carolina Department of Human Resources cut ineligible welfare recipients in the first six months of 1974. Checks show 5.6 percent of AFDC recipients were ineligible, down from 7.7 percent in the same period last year, reflecting a 27 percent reduction overall.
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State Department of Human Resources
Department
AFDC
Cherokee Plane Crash Kills Three in North Carolina Yard
A private airplane from Montgomery Alabama crashed Sunday night near the Cherokee Indian Reservation front yard, killing three. Survivor Herbert Setlers of Montgomery was rushed to an Asheville hospital in critical condition. authorities say Sellers, 30, was ejected and found still hooked to his seat.
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Montgomery
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Cherokee Indian Reservation
Herbert Setlers
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