Dual Blasts at Nixon Administration Draw Critics
AP reporting labor and congressional Democrats leveled sharp criticism at Nixon economic policy this week. AFL-CIO President Meany accused a double standard favoring big business, while House Speaker Albert urged action and Heller pressed for tax cuts and a public service program. The Supreme Court ruled banks cannot enter mutual funds, affecting First National City Bank and signaling potential congressional fights over banking and investment markets.
MENTIONED IN THIS ARTICLE
New York
Afl-Cio
George Meany
Senate Subcommittee
Meany
House
Carl Albert
Albert
Walter Heller
President’s Council of Economic Advisers
Nixon
Congress
Heller
Supreme Court
First National City Bank of New York
Dow Jones Stock Averages Report Brief
Dow Jones Averages show mixed moves with high low and last values across sectors. Industrials, transports, utilities, rails, and bonds list notable shifts, with various percentage changes and closing levels.
MENTIONED IN THIS ARTICLE
Dow Jones
Inc Rails
New York
Gt Basin Pet
ITI Corp
Aerojet
Kaiser
Va McCrory
Ark
Arklgas
Alamera Oil
Newldria
NewPark Mn
Atlas Cp
Ormand Ind
Va Barnes Eng
Brascan Lt
Statham Ins
Cinerama
Wa Nuclear
Associated Press
Dillard
Dixilyn Corp
Etees
Frontier Air
Goodyear Vulcanization Discovery Echoed in Markets
In a striking note for investors, the tale of Charles Goodyear’s discovery of vulcanization echoes through early stock discussions as rubber enterprises eye stronger futures. Markets weigh the enduring impact of durable rubber on production and trade dynamics.
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AP Business Writer
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