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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Dec 05, 1973
Page
14
New York and Chicago markets show gains with major indices rising as trading closes. Dow Jones average and NYSE activity highlight mixed results for stocks, grains, and futures, with transportation and commodity shifts trailing gains across sectors.
Indiana Bell Telephone argues its billing system could exclude charges for unpublished numbers if allowed. Public Service Commission hearings explore whether unpublished numbers should incur fees, as executives admit limited ability to detect how often unpublished numbers are requested. Public Counselor Ven Dorn seeks dismissal of Indiana Bell from the case after two days of testimony.
Washington AP reports the United States issued a visa to Mrs Salvador Allende widow of Chile's former president. A temporary tourist visa arrival is expected soon as officials note her criticism of Washington after her husband's ouster. She has toured Mexico and Europe and reportedly stayed in Canada. A Santiago radio quote labels the visa decision as controversial and invalid in her view.
Guide Lamp Division of General Motors in Anderson won an emergency contract from American Motors to supply lamp equipment for 1974 cars. Tools and dies rushed from Detroit, production to start this week as AMC faced a possible shutdown without Guide Lamp’s support. Carl W. Dobos, Guide general manager, commended employees for meeting the challenge and aiding future growth.
Miami AP reports the 1973 hurricane season closed with minimal damage and the lowest loss of life and property on record. Robert Simpson, stepping down as director, notes seven storms formed, yet storms were poorly organized and difficult to steer, keeping fatalities to five and damages around 15 million dollars.
Astronomers in Santa Cruz report evidence suggesting a black hole in the Cygnus X-1 system. They note a bright companion star and intense radiation, with conclusions still debated among experts and pending further observation.
Funeral services listing for Kel Mae Balin 87 of 2011 Saddle Lane with final rites at Meeks Mortuary Mundey Waters Gardens of Memory. Marilyn Penley 48 of 314 W Seventh St. Elm Ridge Cemetery Muncie. Roy D stum 4 listed with Harold E Rozelle mortuary. Auto crash victim in Santa Barbara California cremation planned.
Eight elderly residents died and 42 were injured when a three story nursing home in Wayne Pennsylvania was gutted by fire. Passersby and firefighters evacuated 96 patients and 30 staff as flames swept through the Caley Nursing and Rehabilitation Center.
New York stocks drifted lower amid energy outlook concerns and recession fears. The Dow Jones industrial average dropped 3.31 to 403.21 after brief rallies, with volume at 19.3 million on the NYSE and broad declines in most indices. The Nasdaq composite slid to 91.56 as traders awaited clearer news.
Xaviera Hollander, the 30 year old author of The Happy Hooker, appeared in provincial court and was remanded until January 31. Her lawyer sought extra time to bring a Toronto based psychiatrist to testify. Witnesses recalled her saying she took items on June 8 during material retrieval for a new death chamber story.
Chicago based researchers report a process to convert municipal garbage into methane rich gas and dry ice by fermenting waste. They claim up to 4.5 million cubic feet of gas per day could be produced for fuel, with carbon dioxide sold as dry ice, and inert and water byproducts managed for reuse.
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