Stock market opens mixed as Nixon hints troops home
New York stocks opened mixed amid modest activity. President Nixon suggested speeding Vietnam troop withdrawals, while Clark Clifford had urged a year-end pullout. Oil and chemical shares faltered while steels, oils, and electronics showed uneven moves in early trading.
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New York
UPI
Nixon
U.S
Vietnam
Clark Clifford
Defense
Clifford
American Motors
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Chrysler
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Republic
Armco
Bethlehem
Pennzoil
Atlantic Richfield
California
Ohio
Jersey
Natomas
du Pont Fost
Eastman Kodak
Worthe House
Burroughs
Zenith Easeq
Wall Street charters urge cautious investing amid oversold market
Wall Street analysts from Hayden, Stone and Glore Forgan warn that a final market bottom is not yet in, advising extreme caution until more conclusive evidence appears. They note oversold conditions and potential rallies, but stress pauses and selective buying of quality, inflation trends, and tech-driven growth as decisive factors.
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New York
UPI
Hayden, Stone Inc
Iamon
Glore Forgan
Wm. R. Staats Inc
Bache & Co
Cyanamid to Acquire Control Print Corp and affiliates
Wayne New Jersey Cyanamid announces purchase of Control Print Corp and related firms, Fairfield New Jersey, for about 2.25 million in Cyanamid common stock. CPC will be a Cyanamid subsidiary with Joseph Mastracchio as head, reporting to Louis Geiger.
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Lillyville
Ellwood City
New Castle News
Wayne, N.J
The
American Cyanamid Co
Control Print Corp
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Fairfield
N J
Clifford D. Siverd
Cyanamid
Joseph Mastracchio
Louis Geiger
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