Prices fall as stocks drop in light trading amid investor uncertainty
New York stocks ended lower as uncertain economy and negative news weighed on sentiment. The Dow fell 8.05 to 853.01 on volume of 11.2 million shares with broad declines across the market and European markets also showing weakness.
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Market declines on major exchanges amid reports and charges
Commodity futures slipped to 54.26 as Amex leaders faltered with Coastal States Gas down 14, Union Carbide down 4 and Gulf Oil steady. Bowmar Instrument led Amex volume with a 3.35 drop, while Bausch & Lomb fell 34 after the SEC charged improper inside information practices.
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Gala aboard new ocean liner boosts cancer fund
A $300-a-couple gala on the Norwegian ship Vistafjord raised $200,000 for the American Cancer Society. About 700 celebrities attended on its maiden New York voyage, dining on lobster and beef, with guests including Rockefeller, Gunnenz, Javits, Buckley, Princess Giovanna Pignatelli, astronaut Walter Cunningham, Tammy Grimes, Arlene Dahl, and Julia Meade. The 627-foot, 26,000-ton ship will sail Caribbean, Mediterranean, Norway, and world itineraries as sister to the Norseman liner Narvegar.
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Israelis seek 1967 war POW swap
Tel Aviv officials say they aim to push ahead with a major prisoner exchange after yesterday's swap. Israel handed 46 Syrian and 10 Lebanese POWs for three captured Israeli pilots, with officials noting 40 more Israeli prisoners remain to be freed.
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Ex Educator Named Tucson Common Cause Coordinator
Robert Morrow, former District 1 school superintendent and 27 year veteran, is named coordinator for Common Cause Tucson. He succeeds Samuel Kirk, UA psychology educator who led the chapter since 1970, and will remain on the steering committee. Morrow recently returned from Tehran where he headed the American School for two years.
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Black Army Foreseen By Civil Rights Leader
Norfolk, Vac AP James Farmer, head of the Public Training Institute in Washington, warned a news conference at the Armed Forces Staff College that the Army could become a black army if civilian job opportunities for Black youths remain limited. He urged opening civilian work to Blacks and the poor and ending discrimination to prevent a mass volunteer military force.
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Health expert: POW stress worse than believed
A Defense Department medical expert disclosed that American prisoners held in North Vietnam showed severe stress with low mood euphoria and erratic behavior. He noted long absences hinder family readjustment and that long-term treatment will include ongoing counseling to reduce postwar incidents.
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Mountain climber Reagan vetoes test but survives plunge
Honolulu via UPI reports Reagan vetoed a bill barring public schools from administering group intelligence tests while a separate item notes a climber, Thomas Nor Guist, 22, from Minneapolis, survived a 100 foot cliff fall in Hawaii after grabbing a bush on the way down. he suffered a broken elbow and was hospitalized at Tripter Army Medical Hospital. Reagan justifies veto saying tests are valuable and local boards should decide.
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Air Guard Senior Day at Valencia Road Tucson
Senior Day invites high school seniors to Tucson Air National Guard on Valencia Road east of Park Avenue. Event Sunday June 10 1973 from 10 AM to 2 PM offers base tours displays refreshments and information on the Air Guard benefits including good pay retirement benefits education and training for civilian careers.
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