News stories from Monday December 24, 1973

Summaries of the stories the major media outlets considered to be of particular importance on this date:

President Nixon met with Secretary of State Henry Kissinger at the White House to discuss the situation in the Mideast; Kissinger is optimistic about the Geneva peace conference. A disengagement agreement between Israel and Egypt could produce several follow-up deals. A Palestinian extremist plot to disrupt the Geneva peace conference and assassinate Kissinger was thwarted last week. [CBS] Shepherds are tending their flocks outside of Bethlehem as Israeli soldiers guard the area tightly. The war and Arab terrorism have taken the glow off the holiday season; Bethlehem's Christmas celebration was not a very joyous occasion. [CBS] Vice President Gerald Ford held a news conference and criticized Congress for not passing any emergency energy legislation. [CBS] Kuwait's oil minister warned that crude oil prices may increase even more in the spring. [CBS] AT&T will give lists of reporters' telephone calls to government agencies which request such information. A group of reporters intends to sue. [CBS] An official in Dade County, Florida, said that the Secret Service has refused to allow local tax collectors into President Nixon's Key Biscayne compound for the last four years. [CBS] White House aides said that the President hasn't decided whether to go by air or train on his vacation after Christmas. The king of the hobos, "Steam Train" Maury Graham, stated that President Nixon should hop a freight train to conserve energy. [CBS] Federal officers in Florida seized 25-30 tons of marijuana. [CBS] The astronauts aboard Skylab 3 offered their Christmas greetings, stating that all people should work for peace. [CBS]

Stock Market Report

Dow Jones Industrial Average: 814.81 (-3.92, -0.48%)
S&P Composite: 92.90 (-0.64, -0.68%)
Arms Index: 1.06

	Issues	Volume*
Advances	658	4.33
Declines	739	5.16
Unchanged	394	2.05
Total Volume		11.54

* in millions of shares

Arms Index is the ratio of volume per declining issue to volume per advancing issue; a figure below 1.0 is bullish.

Market Index Trends
Date	DJIA	S&P	Volume*
December 21, 1973	818.73	93.54	18.68
December 20, 1973	828.11	94.55	17.43
December 19, 1973	829.57	94.82	20.67
December 18, 1973	829.49	94.74	19.49
December 17, 1973	811.12	92.75	12.93
December 14, 1973	815.65	93.29	20.00
December 13, 1973	800.43	92.38	18.13
December 12, 1973	810.73	93.57	18.19
December 11, 1973	834.18	96.04	20.10
December 10, 1973	851.14	97.95	18.59