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Stock Market / Downward Trend #231629

CBS Evening News for Thursday, Oct 03, 1974
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(Studio) Brokers watch market plunge downward day after day.
REPORTER: Walter Cronkite

(NYC) Stk. investors react to bad market; generally, investors optimistic. [Stk. Exchange chairperson James NEEDHAM - says falling market to affect economy opportunities for all Americans; explanation given.] [Monte GORDON - says colleges greatly affected if its stks. reduced in value; expansion plans inhibited. Ins. companies, foundations and pension funds also feel pinch from sluggish stock market] Brokers hope for increase in trading volume since market open extra 1/2 hour
REPORTER: Mitchell Krauss

Cronkite, Walter;
Krauss, Mitchell

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