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Economy / Market Decline #209969

CBS Evening News for Tuesday, May 26, 1970
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(Studio) Effects of market slide on Wall Street discussed.
REPORTER: Walter Cronkite

(NYC) Indochina and Mideast hurt market; investors and brokerage hses. suffer financial loss.
REPORTER: Mike Stanley

(DC) [Chase-Manhattan Bank President David ROCKEFELLER - says stock market slump due to non-econ. problems.] [Investor Irving WEISS - says market loss unfortunate.] [New York Stk. Exchange President Robert HAACK - says market hurting.]
REPORTER: No reporter given

(NYC) Mkt. officials confident in eventual recovery; market will be less speculative in future. [Waiter Nat GLICK - says men tipping worse, eating cheaper food.] [Brokerage House Mgr. Shelly KANOFF - says he's locked into stock market; has no other skills.]
REPORTER: Mike Stanley

Reporter(s):
Cronkite, Walter;
Stanley, Mike
Duration:
00:03:50

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