Stock Market Slumps Amid December Irregular Action
New York stocks fell again with the Dow at 1026.57, down 3.91, as declines outpaced advances on the NYSE and AMEX. Analysts say seasonal factors drive the mid December slump and revenue forecasts remain optimistic.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
American Stock
Kansas City Livestock Prices Rise Amid Strong Early Sales
Cattle and calves about 4000 head with feeder steers under 500 lb rising early to 1.00 above last Thursday. Heavier weights up to 1.00 higher. demand for 700-800 lb. Feeder heifers strong to 1.00 higher. Hogs 3700 head, barrows and gilts 1.25 lower on lighter weights, various ranges for 200-330 lb. Sheep and lambs steady with prime wool lambs noted.
MENTIONED IN THIS ARTICLE
Kansas City
McIntyre Calls For Immediate Oil Imports Decontrol
Senator Thomas J. McIntyre urged immediate end to all restrictions on home heating oil imports in a telegram to President Nixon. He warned shortages in the Midwest spreading eastward could trigger a New England crisis this winter and called decontrol the only workable solution. Senator Jennings Randolph advocated a massive crash program to boost domestic oil gas and coal supplies to reduce long term dependence on foreign energy.
MENTIONED IN THIS ARTICLE
Washington
Thomas J. McIntyre
D-N.h
Nixon
Midwest
New England
McIntyre
Jennings Randolph
D-W. Va
Fire damages oven as bread rolls burn at apartment
Fire at 1538 Ky. street apartment owned by Phil Desoto started when bread rolls burned in the oven at 1 40 p m on Wednesday. Firemen reported no damage to the building or surrounding units.
MENTIONED IN THIS ARTICLE
Phil Desoto
Elwell to resign as Douglas County Attorney in January
Douglas County Attorney Mike Elwell submits resignation effective Friday to prepare for the January start as Douglas County Probate Judge. District Court Judge Frank Gray will appoint a successor to serve until Jan. 8 when county attorney-elect David Berkowitz is sworn in. Elwell will assist Berkowitz for a short period and later help Dave with questions about the office. He thanks commissioners for cooperation and notes budget constraints on cases including heroin.
MENTIONED IN THIS ARTICLE
Douglas County
Mike Elwell
Frank Gray
David Berkowitz
Elwell
Dave
Police blame troopers and deputies in university clash
Baton Rouge Louisiana AP reports the state investigative committee says troopers fired the first tear gas canister in a clash with Southern University students and a fatal shot came from sheriff's deputies amid the disturbance.
MENTIONED IN THIS ARTICLE
Baton Rouge, la
Southern University
Sheriff’s Deputies
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