New York Stocks Climb on upbeat market signals
UPI reports a higher New York Stock Exchange today as investors bought heavily amid rising car sales and a cautious Fed stance. GM's mid June sales gain suggesting early recovery, IBM boosts with a higher dividend, and oil service firms plus ARCO energy plays push shares higher amid broad gains.
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NEW York
UPI
Federal Reserve Board
New York Stock Exchange
General Motors
IBM
Fluor Corp
J. Ray McDermott
Halliburton
Schlumberger
Joy Manufacturing
Atlantic Richfield
Editors Note on Missing American Stock List
Transmission issues prevented posting the American stock list today. The note explains the absence and promises to publish once restored.
Pipeline deal may threaten California gas supply
The Sohio El Paso plan to convert a west to east pipeline for Alaskan oil may push California gas prices higher and possibly cause shortages. Utilities rely on El Paso capacity, while deregulation critics warn of shortages if new supplies fail to materialize.
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PUC
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Ford grows more confident of 1976 victory
President Ford's White House allies cite rising polls and market optimism as signs he will win in 1976. They point to Kennedy, Wallace, Jackson as opponents, while Reagan looms as a GOP rival. Ford delays a running mate choice, focusing on energy, unemployment, and Middle East issues with public town meetings.
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UPI
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Henry Jackson
Edward Kennedy
Kennedy
Massachusetts
Ford White House
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Ronald Reagan
Reagan
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Rockefeller
Middle East
Jackson
Coyote in Utah’s Yard Chases Frisbee Boy
North Salt Lake Utah UP I reports a partly tamed coyote found by Mr and Mrs Harry Lane in their backyard. The animal shows playful behavior with a rubber ball and their 14 year old son Paul and has taken a liking to their Frisbee and dog food. The Lanes offer to return the coyote to its rightful owner.
MENTIONED IN THIS ARTICLE
North Salt Lake, Utah
UPI
Harry Lane
Jane Lane
Paul
Four Oil Firms Plead No Contest to Price Fix
Four oil companies including Powerine Fletcher Golden Eagle and MacMillan Ring-Free pleaded no contest in federal court to fixing gasoline prices in 1970 and 1971 across California Nevada Oregon Arizona and Washington. Sentencing set for July 18. prosecutors said trial publicity and pending civil action weighed in. Douglas Oil and Phillips contest charges. six defendants faced criminal and civil actions with injunctions sought.
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Los Angeles
UPI
United States
Powerine Oil Co
Fletcher Oil and Refining Co
Golden Eagle Refining Co., Inc
MacMillan Ring-Free Oil Co., Inc
U.S. District Court
Malcolm Lucas Lucas
Douglas Oil Co
Phillips Petroleum Co
California
Nevada
Oregon
Arizona
Washington
John Brinsley
John Mitchell
GM chief opposes planned economy in UPI report
General Motors president Thomas A. Murphy condemned centralized economic planning as inept and undemocratic in a speech to the National Association of Accountants. He argued such plans would override individual choice, fail to match free market needs, and misjudge complex economic futures.
MENTIONED IN THIS ARTICLE
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Calif
Murphy
Hubert Humphrey
D-Minn
Jacob K. Javits
R-N.y
National Association of Accountants
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