Chrysler ordered to recall 825000 1973 cars over emission defect
The EPA ordered Chrysler Corp to recall 825000 1973 model passenger cars and 1000 1974 model trucks for a faulty temperature sensor that affects an exhaust gas recirculation system, potentially causing higher nitrogen oxide emissions. Chrysler must submit a recall plan within 30 days and pay repair costs.
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Washington
UPI
Environmental Protection Agency
EPA
Chrysler Corp
Russell E. Train
Chrysler
Stocks rise for second straight session on optimism end to embargo
On the NYSE the Dow gained 8.21 to 880.63 as buying after Kissinger's note on Syrian Israeli talks and Nixon's planned news conference lifted mood. S&P 500 rose 0.55 to 97.87 with 1,772 issues trading and heavy volume near 19 million shares. Hanna Mining opened lower after a large block sale and related subsidiary Iron Ore Co. of Canada warned of a substantial 1974 loss.
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New York
UPI
New York Stock Exchange
Henry A. , Kissinger
Washington
White House
Nixon
MIT
Wall Street
Standard & Poor
American Exchange
Hanna Mining
Iron Ore Co. of
Canada
Dow Jones Averages Close Higher As Volume Rises
Dow Jones closing averages show gains with the 30 industrials at 879.85 up 7.43 and the trans and utilities mixed. Volume traded totaled 19.14 million shares as traders watched market activity across the day.
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NEW York
API
American Stock Exchange
Petro
Arklag
Austral
Va Buttes Gas
Carnain
Va Dixlyn Corp
Dome Petro
Va Felmont Oil
Find SB
Fischer Pt
Va Frontier Air
Husky O
OKC Corp
Utah
Yates Indus
Dow Jones
Indus
Wall Street Chatter Builds Technical Base Says UPI Report
The Spear Market Report notes a market slide last week but says a strong technical base is forming. Volume has quickened over two weeks and the specialists short sale ratio hit a low since June while margin buying rose for the first time in over a year. Mutual fund cash and equivalents continue to advance in January.
MENTIONED IN THIS ARTICLE
New York
UPI
Spear Market Report
SRP to Buy Light Distillate Diesel From ARCO Field
Salt River Project will receive 660000 barrels annually of light distillate diesel from Atlantic Richfield Company at just over 10 dollars per barrel. SRP expects to use about six million barrels of oil in 1974, with at least half as lightweight distillate. The purchase supports steam turbine boilers. combustion turbines require distillate. Public relations officer Bing Brown spoke at the district board meeting noting conservation helps avoid summer shortages contingent on Energy Office allocations.
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Salt River
Atlantic Richfield Company
Sma
SRP
Aanaeeee Bing Brown
SRP District Board
Brown
Hayes to Deliver Lincoln Lecture at ASU
James L. Hayes, president and CEO of the American Management Association since 1971, will present the 13th Lincoln Lecture at Arizona State University. He speaks on How Can We Get Entrepreneurship Back into Complex Organizations at 3 p.m. in the Great Hall. The free event is sponsored by ASU College of Business Administration and its Center for Executive Development.
MENTIONED IN THIS ARTICLE
James L. Hayes
American Management Association
Lincoln
Arizona State University
ASU College of Law
ASU
College of Business Administration
David C.”.Lincoln
Cyprus
Bagdad:Copper Company
Phoenix
Clotherie Expands Dress Up Stock in Scottsdale
Jackson La Baer president of The Clotherie Ltd Scotts dale announces expansion of its suits and sportcoats collection. Jack D Wales named associate wardrobe consultant for men. The boutique began in spring 1969 and moved to larger Fifth Avenue facilities within a year.
MENTIONED IN THIS ARTICLE
Jackson la Baer
Clotherie Ltd
Scottsdale
Jack D. Wales
The
la Baer
Phoenix
Clotherie
Fifth Avenue
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