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Stock Market and Reagan / President Transition #63129

ABC Evening News for Wednesday, Nov 19, 1980
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(Studio) Wall Street's reaction to Ronald Reagan's election noted; Dow Jones activity today mentioned.
REPORTER: Frank Reynolds

(NYC) Stk. market activity today examined; specifics for food prices, prime rate, hsing. construction and gross national product listed on screen, discussed. [Stk. market analyst Joseph McALINDEN - comments.] Wall Street's apparent response to Reagan's election, despite time involved before he or conservative Congress actually take office, noted.
REPORTER: Dan Cordtz

(DC) Reagan's continued activities on Capitol Hill today examined; his encounters with Senator John Tower, widely reported to be in line to become Defense Secretary, and Senator Mark Hatfield noted. [HATFIELD - prays.] Possibility that Reagan is attempting to project moderate image said illustrated by various newspaper accts. and his call for South Korea to spare life of condemned dissident Kim Dae Jung. [REAGAN - comments.] [KENNEDY - describes meeting with Reagan.] Historical significance of Reagan's courtesy call on Supreme Court and Chief Justice Warren Burger noted.
REPORTER: Sam Donaldson

(DC) Reagan's potential impact on Supreme Court said rivaling that of Franklin Roosevelt; details given. Various factors contributing to possible Reagan appts. to court and issues effected by new justices outlined on screen, discussed.
REPORTER: Tim O'Brien, Artist: Freda Reiter

Cordtz, Dan;
Donaldson, Sam;
O'Brien,, Tim;
Reynolds, Frank

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