Dollar Rebounds in Europe Amid Oil Crisis and Trade Gains
The dollar rallied in Europe on Friday, returning to levels near eight months high as U.S. trade improves and oil prices rise. Dealers note renewed confidence in the dollar as European currencies firm. the dollar bought 4.0 francs in France, up from March lows, with similar patterns against other currencies. Analysts cite oil shocks and a potential U.S. trade surplus as the drivers, while noting Middle East oil dependence and price hikes boost dollar strength.
MENTIONED IN THIS ARTICLE
London
Europe
U.S
Foraigh
Jongs
France
United Stsles
Imad U.S
Japan
U.S. Treasury
Gadrge
P. Shultz
Middle East
Mideast
Heating Oil Shortage Looms For New England Winter
Associated Press reports widespread concern over heating oil supply and prices for New England this winter. Dealers say current tank levels are adequate but predict a 10 to 20 percent shortfall around December as prices rise. A five percent daily voltage reduction will begin Monday to conserve electricity. Nuclear plants remain a key, but some units run below capacity due to mechanical issues, with repairs underway to meet winter demand.
MENTIONED IN THIS ARTICLE
Associated
Notady
New England
Witter
Lee Emery
Concord
Tealera
Providence
Texaco
Petrofeu
New England States
P.mn
James ‘M. Lydon
Boston Edison
Ema
Lydon
Bridgeport Area Weather Forecast From Weather Bureau
Bridgeport and vicinity expect mostly cloudy skies today with a high around 50. Chance of rain tonight and tomorrow with lows near 40 and highs in the low 40s. Precipitation probability 20 percent today, 40 percent tonight, winds from the east and southeast at 5 to 15 miles per hour. Yesterday’s high and low noted. date is the 328th day of the year, fall season. Sunrise and sunset times given.
MENTIONED IN THIS ARTICLE
Bridgeport
Holy Shroud Shown On Italian TV Broadcast
The Holy Shroud, revered by many as Christ's burial cloth, was televised Friday night in Italy amid a storm of religious passion. The relic, about 14 feet long and nine feet wide, is kept in Turin and last displayed in 1933. Ownership by the House of Savoy has long fueled debate over authenticity and the methods of display.
MENTIONED IN THIS ARTICLE
Rome
Showsons
Ital
Pa Es Raman
Carholié
Turit
Christ
House of Savoy
Italy
Jesus
Vatican Shroud TV Display Prompts Debates Across Faiths
A Vatican backed plan for a televised showing of the Shroud of Turin sparks Catholic and secular discussion. Pope Paul VI reportedly favored following the telecast with devotion while Vatican studies in 1983 sought dating results but were not released publicly. Archbishop Michels Carding Pellegrine notes French Catholic influence on a possible TV presentation. The event aims to let millions view the relic carefully, though some clerics urged restraint.
MENTIONED IN THIS ARTICLE
Shane
Jesus
Paul VII
Vatican
Michels Carding Pellegrine
Turin
Gasoline Stations to Close Sundays in Month Ends
Trend shows 60 to 70 percent of gasoline stations in the Bridgeport area and state will stay closed Sundays in late month future. Angelo Guzzi, president of the Greater Bridgeport Retail Gas Dealers association, says tight monthly allocations from distributors force dealers to conserve remaining reserves. He expects by early December only about 40 to 60 percent of stations will be closed Sundays, as allocations decline less.
MENTIONED IN THIS ARTICLE
Angelo Guzzi
Greater
Bridgeport
Gas Dealera Association
Guzzi
Clos
Nixon Advisers Meeting Today on Fuel Decisions
President Nixon summoned top advisers John Love and Melvin Laird to a White House session to consider fuel shortage actions. The meeting followed a Cabinet group's recommendations and aimed to edge toward decisions, with potential options including a gasoline tax, Sunday closing of stations, or rationing, while no plan was announced today. Nixon arrived back from Camp David with Rebozo and family, and spoke by telephone with Kissinger Haig and Reagan was named special representative to boost exports.
MENTIONED IN THIS ARTICLE
Camp David
Nixon
White House
Washington
John Love
Melvin. R. Laird
C. G
Babe’ Rehozo
L. Warren
Eve Isre
Presés
Stein
Sunlay
Roy Aah
Ofj
Ple
Pai
Oc. G
Bebe Rebozo
Trisis
Edward Cus
Julie
David Fisenhower
Phoenixville
Aspen Lodge
Camp Davitt
Washington Redskins
Detroit Lions
Sefentom Lelewision
Warren Gald
Telemone
Stafa
Henry A. Kissinger
Alexander Haig
P'ress
Ronald Ziealec
Gir
Ronald Reagan
California
U.S
Australia
Indonesia
Singapore
Telegram price increase announced for 15c per issue
The Telegram announces a 15 cent per issue price starting Monday November 26 with home delivery by independent carriers at 2 dollars weekly. The rise reflects higher production costs including a 21 percent jump in newsprint over the year and complies with Cost of Living Council guidelines.
MENTIONED IN THIS ARTICLE
Alathe
Nawednalars
Cost of Living Council
GM Reducing Car Production Amid Oil Shortages
GM will cut back on scheduled production by about 60 percent or 79,000 cars in the week ending December 17, affecting luxury and standard models. Chairman Richard Gerstenberg cites a 10 percent decline in industry sales and consumer shift to smaller cars as energy shortages and oil derivatives constrain output. The slowdown, lasting about a week, includes production curtailment with unemployment benefits at roughly 95 percent of take home pay. impact on exact layoffs left undecided.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Richard Geestenberg
Gerstenberg
Spok’sman
Fire Officials Doubt Mass Apartment Inspections for Christmas Trees
UPI reports Connecticut fire officials doubt statewide inspections of apartment houses for real Christmas trees this year. Commissioner Fuessenich says enforcement will be educational, not random checks, as inspectors focus on hazards in schools, hospitals, and public places.
MENTIONED IN THIS ARTICLE
Connecticut
Cleveland B. Fuessenich
Dwall Nee
UPL
Fuestenich
Hartford
Ralph J. Marone
Marone
Bridgeport
John F. Gleason
Marne
TMG
Fitayoog
Macons
Gleason
Marona
North Viet Air Base Hit By Jets in Retaliation
Saigon reports waves of South Vietnamese fighter-bombers attacked a Communist air base at Katum, 70 miles northwest of Saigon near the Cambodian border, retaliation for a rocket attack on government positions along Highway 4. One FS jet was shot down and the pilot is missing. a government soldier was killed and 39 wounded in related fighting around Pleiku.
MENTIONED IN THIS ARTICLE
North Viet Air Base
Saigon
Rise Hare West
Highway 4
Tire
Tuan Leg
Mekong Delta
Qne
Pleiku
Also Mentioned on This Page
Dollar
Fed Coleman
N.E
Ste Pinch
the Weather Pes Weather Bureau
Earthy Ramone Airport
Almanac
Chet Marian
Tadiyon Bridge
Dalen, Walter
Love
Laird
Sid
Abe
Herbert Stein
Cnairman
Council of Economic Advisers
Cassetin
West-Pretty Sea
Maryland
MIXON
Henry Rema
Ellinl Koenig
Bridgeport Arex Gramber of Commerce
Een GM
United Press International
Vietnam
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