Market tumbles and gains mix as Dow nears 1015 again
A mixed marketday saw the Dow Jones Industrial Average slip to about 101.0, with Sears Roebuck and Kmart among active gainers while Fluor tops a takeover bid for St Joe Minerals. Oil stocks traded unevenly as Exxon and Texaco fell, and Big Board volume reached roughly 52.6 million shares.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Sears Roebuck
Kmart
St. Joe Minerals
Fluor Corp
Joseph & Seagram & Sons
Fluor
Twentieth Century-Fox
Marvin Davis
Denver
Black & Decker
Mobil
Newfoundland
Exxon
Conoco
Superior Oil
Texaco
Gulf Oil
Standard & Poor
S&p
Dow Jones
Alph
M Black Dr
CSX Corp
Clorox
Coca
Fairchild
Giant St
Gulf Oi
IBM
Litton
K Marriott Corp
MD NatlCp
Mercantile Bakshi
Tandy
Baltimore child guards a vast marimba collection
A three year old Baltimorean has amassed a remarkable marimba and xylophone collection since 1824. Housed at Towson State University, the collection is believed to be the world’s largest and most complete, drawing interest from the Library of Congress and featuring items such as a 1903 Deagan xylophone and extensive marimba records, greeting cards, and related memorabilia.
MENTIONED IN THIS ARTICLE
Baltimore
Mathias urges increase of U S export volumes
Senator Charles McC Mathias Jr. of Maryland urged expanding U S export volumes citing export led growth of GNP and lagging performance versus Western peers. He called for congressional action, tax cuts for Americans abroad, revision of the Foreign Corrupt Practices Act, and an international business conduct code to boost exports.
MENTIONED IN THIS ARTICLE
Washington
Charles McC Mathias Jr
Washington Export Council
Germany
France
Italy
United Kingdom
United States
Mathias
Frederick
Federal
U.S
Oil consumption probe targets VW and Audi cars
The FTC accuses Volkswagen of failing to tell buyers that many VW and Audi models from 1974 to 1979 may need costly repairs due to abnormally high oil consumption. Officials warn possible legal action, and repairs could cost from sixty to several hundred dollars depending on damage.
MENTIONED IN THIS ARTICLE
Audi
Washington
Federal Trade Commission
Commission
Volkswagen Company
Tom McDonald
Volkswagen of America
Linda Colvard Donan
Bureau of Consumer Protection
Dorvan
United Fairs
Compass Becan
Germany
Conan
Dorian
US productivity slide blamed on inflation and regulation
Wilmington AP report covers TRW co founder Ramo citing inflation and heavy regulation as key factors in the decade long decline of U S science and technology leadership. He urged tax cuts and private sector cash for research while criticizing FDA and antitrust rules and calling for retraining programs.
MENTIONED IN THIS ARTICLE
Wilmington
Del
America
Simon Rama
TRW
Ramo
Reagan
Science and Technology
Coal exporters fault Chessie and N W rates as excessive
The A and Coal Exporters Association from Roanoke claims Norfolk and Western and Chessie System charge coal export rates well above costs. They allege market dominance and 98.6 percent of export shipments, urging ICC to investigate, set new rates, and award reparations.
MENTIONED IN THIS ARTICLE
Roanoke, Va
A & Coal Exporters Association
Norfolk & Western Railway
Chessie System
Interstate Commerce Commission
N&w
Chessie
CEA
ICC
NAW
Lew Phelps
Phelps
Connie Holmes
Oho River
Holmes
Norfolk and Chessie
Newport News
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Eastman Kodak Co
Solio
Rochester
N.Y
Kodak
Lucian Warren Frederick
Senate
House
Harley Wee
We -Hegh Range College
E Iin
Tri
Rama
University of Delaware
Food and Drug Administration
Nathan Rosenberg
Stanford University
Stanford, Calif
Stereos
Musical Instruments
God Barks
Livet Donan
Porket
Cole's Pawnbrokers Outlet
SMART
Stansbury
Diane Henson
Annette Reynolds
Frederick Limousine, Inc
Baltimore-Washington International Airport
Chucky Chicken