Dow Jones falls to two year low in fifth worst drop
The Dow Jones industrial average slid 29.05 points to 824.95, marking the fifth worst one day decline in history. Analysts tied the drop to skepticism over Nixon energy policies and the night speech signaling ongoing economic concerns.
MENTIONED IN THIS ARTICLE
New York
UPI
Nixon
Robert Amster
Rosenkrantz
Ehrenkrantz
Lyon & Ross
Dwight D. Eisenhower
John F. Kennedy
Oil stocks slump as Dow hits low not seen since 1971
The market fell with the Dow at its lowest since November 26 1971 as prices for oil shares dropped. Getty, Superior, Atlantic Richfield and Ohio Standard all declined amid broad selling. Gulf Oil led volume with a slim gain after denying a major West Africa oil find reports. General Motors dropped amid weak auto demand and travel restrictions.
MENTIONED IN THIS ARTICLE
Donald C. Samuel
The
Energy Fund
Getty
Superior
Atlantic Richfield
Ohio Standard
Gulf Oil
Africa
General Motors
Getty III kidnapping ransom bid fails to move Getty clan
The father of J Paul Getty III offered 1 million dollars for the teen's return but billionaire grandfather J Paul Getty refused to pay. Mrs Gail Harris, mother of the 17 year old, criticized Getty and said the offer came with custody conditions. She cited the ransom demand of 3.4 million dollars and questioned the kidnapping claim while noting doubts about the disappearance. The case dates to last July 9 with the youth missing and later letters claiming abduction.
MENTIONED IN THIS ARTICLE
Rome
UPI
J. Paul Getty III
Gail Harris
J. Paul Getty
Getty
Young Getty
Release of POW requested for Emmett Kay in Indochina
The State Department called for the immediate release of Emmett Kay the sole American POW in Indochina Kay a Honolulu resident and Continental Air Services pilot was captured in Laos in May 1973 during a routine mission after landing on a strip under Communist control He and six Laotian passengers were seized Pentagon sources confirm Kay was transporting Thai or Laotian military personnel Cora Weiss an antiwar activist linked the flight to a CIA base in Laos.
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Washington
UPI
State Department
Emmett Kay
Indochina
Kay
Honolulu
Continental Air Services, Inc
Laos
Department
Cora Weiss
North
South
Vietnam
Central Intelligence Agency
Pentagon
Greek military purges reshape leadership after coup
Brig. Gen. Dimitrios Ioannides orders purge of officers tied to ousted President George Papadopoulos. At least 16 generals placed under house arrest as Ioannides, unseen in government, consolidates power. Papadopoulos reportedly arrested at Lagonissi villa and moved to Ayia Paraskevi camp. Lt. Gen. Phaedon Gyzikis sworn in as president.
MENTIONED IN THIS ARTICLE
Dimitrios Ioannides
Ioannides
Papadopoulos
Lagonissi
Skylab 3 astronauts ready for U.S. photo sweep
The Skylab 3 crew Gerald Carr Edward Gibson and William Pogue completed tests and prepared for a daylight photo sweep across the United States delayed by weather. They will photograph the comet Kohoutek twice daily during their 84 day mission while collecting data on snow fields in Colorado and Sabine Forest.
MENTIONED IN THIS ARTICLE
Houston
UPS
United States
Gerald P. Carr
Edward G. Gibson
William R. Pogue
Colorado
Sabine Forest
Seattle
Gulf of Mexico
Gibson
Solar Observatory
Mission Control
Robert Crippen
Pogue
California oil firms sued over alleged $50 million underpayment
The Crude Oil Pricing Subcommittee filed suit in Superior Court naming Mobil Texaco and Exxon for refusing to produce subpoenaed records in an inquiry into whether California is shortchanging $50 million a year in oil revenue. Union and Standard Oil of California were later cited for contempt. hearing set for Dec. 10.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Mobile
Texaco
Exxon
Superior Court
San Francisco
Union and
Standard Oil of
California
Union
Standard
Mobil
Kenneth Cory
D-Garden Grove
Cory
Shell
Arco
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Athens
Greece
George Papadopoulos
R. J. Enterprises
Pat
Amber
Nics
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No. H St
Hideaway Beauty Salon
Skylab
Mission Federal
Mission Federal Savings and Loan Association
North H Street
Lompoc
Tri Counties
Santa Barbara, Goleta, Camarillo, Ojai, Lompoc
San Luis Obispo
Mission Federal Savings
Calif
Social Security
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