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Stock Market Rally #226094

CBS Evening News for Friday, Oct 05, 1973
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(Studio) Stk. market rally examined.
REPORTER: Walter Cronkite

(NYC) Reasons behind rally explained. [Andersen and Company Vice President, Frederick LOWEY - thinks most people believe worst in interest rates may be over.] [Merrill, Lynch, Pierce, Fenner and Smith Vice President Robert FARRELL - attributes rally to incrd. dollar value, better outlook for inflation, commodity market]. [LOWEY - thinks Watergate and administration's ability to handle economy not uppermost in Americans' minds.] [Dreyfus Corporation analyst Monte GORDON - insists confidence factor responsible for rise in market]
REPORTER: Mitchell Krauss

Cronkite, Walter;
Krauss, Mitchell

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