× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Taxes / Stock Market #491276

NBC Evening News for Friday, Nov 11, 1977
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.

(Studio) Carter admin's. kiss-and-make-up moves toward business noted. Secretary Treasury quoted with regard to tax cuts. Tax reform program thought stalled. Stk. market response noted.
REPORTER: John Chancellor

(DC) Secretary Michael Blumenthal's effort to win business community noted. Blumenthal's stance against tax reform package cited. [BLUMENTHAL - speaks of tax matters.] Blumenthal's opinion of Federal Reserve Chairperson Arthur Burns' anti-inflation position noted. [Senator William PROXMIRE - claims to be baffled by Blumenthal's statement.] [BLUMENTHAL - believes Burns is right.] Admin. attitude toward Burns considered. Solving of employment problems said dependent on business ability to invest and hire.
REPORTER: Irving R. Levine

(NYC) Rise in stock market noted. Film shown. Reaction of market to Carter election recalled. Now recession not anticipated. [Bache Haisey Stuart Shields Incorporated Larry WACHTEL - wants to hear more from Carter.] Brokers said happy today. Dow-Jones average given.
REPORTER: Richard Hunt

Chancellor, John;
Hunt, Richard;
Levine, Irving R.

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.