Stocks surge as market shakes off recession on big Board
In a recovering mood investors flood the New York Stock Exchange with two record trading days as the Dow climbs to 694.77 amid falling rates and renewed appetite for equities. Analysts warn against assuming a long term rally while note short selling persists. President Ford rejects a 90 day tariff delay even as oil duties rise. savings and loan deposits exceed withdrawals by 550 million. mortgage rates continue to drift lower.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Savings and Loan Associations
Federal National Mortage Association
Rhodes urges rapid overhaul of PUCO to speed decisions
Gov. James A. Rhodes told the Ohio Energy Emergency Commission that PUCO is outdated by the energy crisis and should be restructured to decide cases in 90 to 120 days. He favors expanding the commission from three to five members, removing it from transportation regulation, and launching $40–50 million plants to desulfurize coal in Central Ohio.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
James A. Rhodes
Public Utilities Commission of
Ohio
Rhodes
Ohio Energy Emergency Commission
PUCO
Bomb blasts State Department. no injuries reported
A bomb exploded at the State Department in Washington causing damage to multiple floors but no injuries. The Weather Underground Organization claimed credit and warned media outlets in advance while police searched for additional bombs and other federal buildings were checked.
MENTIONED IN THIS ARTICLE
Washington
State Department
Weather Underground Organization
Charles Lightner
D.C
General Services Administration
San Francisco
Washington Post
Los Angeles Times
A.sd
State Dept
Defense Department
Oakland
Calif
U.S
Vietnam
Cambodia
Agency For International Development
Bomb threat prompts search of Oakland federal building
Federal agents with an explosives-sniffing dog searched the George P. Miller Federal Building after anonymous Weather Underground callers claimed a bomb on the seventh floor. A warning call led police to cordon a four block area while the building was sealed. The group claimed responsibility for today’s damage at the State Department.
MENTIONED IN THIS ARTICLE
Oakland
Calif
Federal
George P. Miller Federal Building
Armed Forces Induction Center
The
Oakland Tribune
Middletown Weather Inconsistent With Rain Snow Chance
Weather data show tonight lows in the mid to upper 20s with partly cloudy skies. Tomorrow's high is forecast in the low 40s as Middletown records a 46 high yesterday and 61 this morning with .33 inch of rain. The extended outlook calls for fair Friday and Saturday with a chance of rain or snow Sunday.
MENTIONED IN THIS ARTICLE
Middletown
Don Sheldon Bush Pilot Laid to Rest in Alaska
Don Sheldon, 53, famed bush pilot who flew resupply and rescue missions over Mount McKinley region, died after a cancer battle. Mourners in mukluks and black suits attended Holy Family Cathedral for his funeral in Anchorage. five Beaver aircraft saluted overhead. He will be buried in Talkeetna, near his air service with wife and three children.
MENTIONED IN THIS ARTICLE
Anchorage
Alaska
Don Sheldon
Sheldon
Mount McKinley
North America
Holy Family
Talkeetna
Here
Leading Indicators Fall Record Pace as December Drops 2.4%
The Commerce Department reports leading economic indicators down 2.4 percent in December, with November revised to a 3.5 percent decline. Earlier estimates showed 1.5 percent in November, and the revised data mark the deepest November drop on record, surpassing September's 3.3 percent decline.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Also Mentioned on This Page
Arthur Inner
Reich & Co
Lucien Hooper
E.F. Hutton & Co
Ford
Federal Home Loan Bank Board
Ann Landers
Wwe
State
Heloise Ee
Area
International Conference Room
Henry A. Kissinger
Dept
Lincoln Memorial
Independence Ave
Capitol
White House
Weather Underground
Federal Building
Economic Index