× 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

Economy / General Motors Corporation Dividend Cut / Stock Market / Dollar / Gold and Mining #52011

ABC Evening News for Tuesday, Nov 07, 1978
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.

(Studio) Wall Street saying with regard to GM's economy indicating nation's economy quoted. GM's announcement on Monday of plans to cut year-end dividends reported Stk. market report given. Dollar devaluation overseas and increase in gold prices noted. Report is on new interest in mining gold.
REPORTER: Frank Reynolds

(West Point, California) Details of California `49 Gold Rush recalled. Sketches shown. Modern mining of gold remaining in California hills described; some people noted to still be trying lick at panning gold from streams. Attempts of miners today to get gold that 49'ers couldn't get from ore by using new technology stated. Al Farrell reported to be owner of Blazing Star Mine, which he says old records indicate still has much gold. [FARRELL - says every employee is enthusiastic over rising gold prices and that all want to product as much gold as quickly as possible.] Farrell's hopes for profit from mine outlined.
REPORTER: Ken Kashiwahara

Kashiwahara, Ken;
Reynolds, Frank

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.