New York stock market extends gains on oil embargo hopes
NYSE trading paused then advanced as brokers cited optimism over an early end to the Arab oil embargo and a Nixon televised briefing. Dow rose 7.44 to 579.55, volume about 19.14 million. NYSE composite up to 52.48, breadth skewed to gainers with 873 up and 84 down among issues.
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Imperial Beach Woman Freed Over Cancer Pill Count Case
Ernestine Luther, 62, of Imperial Beach, was freed on gun recognition by U.S. Magistrate Harry R. McCue Tuesday. The case involves alleged possession of 200 pills used as a cancer treatment in Mexico and other countries, deemed illegal in the United States.
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