Stock Market Drifts Lower Amid Recession Fears
New York traders faced renewed selling as energy shortages and higher interest rates weighed on sentiment. The noon Dow slid 4.89 to 801.63 after an earlier uptick, with declines leading advances 7 to 4 on the NYSE. General Motors tumbled 4.6 points to 46, and Sterling Drug fell 4.4 to 27, while Fannie Mae held at 19 as the NYSE broad index dropped to 49.74.
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NEW York
New York Stock Exchange
General Motors
Fannie Mae
Sterling Drug
American Exchange Dividend Notation and Footnotes
Unofficial sales figures and dividend rules are shown. Explanations cover annual disbursements, regular and extra dividends, stock splits, prior periods, and various designations such as ex dividend ex rights and warrants. Footnotes define symbols like a b c h k n p f t x xr ww wd wi ad and foreign issue tax status.
Governor Offers $2500 Reward in 1972 Durham Murder Case
North Carolina Governor Jim Holshouser posted a $2500 reward on Monday for information leading to convictions in the 1972 murder of Durham auto salesman Danny Lee. His body was found December 2, 1972, tied to a tree near east Durham apartments after he had been missing for three days.
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Raleigh
Jim Holshouser
Durham
Danny Lee
Lee
High Point Enterprise Offers Local News And Rates
The High Point Enterprise, an independent daily and Sunday newspaper, lists home delivery and mail subscription rates, carrier details, and advertising contacts. It notes AP news usage rights and cautions about advance payments to carriers and distributors.
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High Point Enterprise
Church Avenue
High Point
M.C
N.C
Associated Press
High Point Enterprise, Inc
Ward-Griffith Company
National Advertising
Apace
Campaign Financing Advocates Defeated In Senate Battle
In a three day clash, Senate backers of public funding for federal campaigns lost to White House opposition. The group pledged to renew the effort in the 1974 session but without emergency bill momentum. They ceded after two pivotal votes showed failure this year as Nixon signed a debt limit bill into law, capping the temporary ceiling at 475.7 billion dollars until June 30.
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Joe Halt
Associated Press
Washington
Senate
White House
Nixon
Watergate tapes move and Senate probe expand
Haldeman matters surface as Higby testifies about gaps on tapes and Haig’s status. Senate investigators hear from Hughes associates about a $100,000 Rebozo payment for Nixon’s 1972 campaign, while grand jury issues and executive privilege battles unfold.
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Haldeman
Jill Nolner
Higby
Buzhardt
Haig
John Bennett
White House
Samuel Powers
Miami, Fla
Alexander M. Haig Jr
Senate
Howard Hughes
Hughes
Charles G
Bebe” Rebozo
Nixon
Rebozo
Sireca
Grand Jury
Sirica
Watergate
NASD Quotations Inter-Dealer Prices at 11 A.M.
Quotations from the NASD reflect representative inter-dealer prices at about 11 in the morning. Markets fluctuate during the day and these figures exclude retail markups or commissions. Data supplied via the High Point office of E. F. Hutton & Co. Inc.
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High Point
E. F. Hutton & Co. Inc
Senate Studies Daylight Saving Plan Moves Forward
The Senate weighs year round daylight saving time aimed at cutting energy use by up to three percent while a Republican push to attach a minimum wage hike could delay final passage. The plan would set clocks ahead one hour on the fourth Sunday after enactment and run through October 1975 with potential extension.
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Washington
Senate
House
White House
Senate Commerce Committee
Congress
Robert Taft
R-Ohio
Peter Dominick
R-Corp
Six Die In Fire At Caley Nursing Home
Six nursing home residents were killed and scores injured when a fire swept the Caley Nursing and Rehabilitation Center in Wayne Pennsylvania. Firefighters answered four alarms as flames consumed the central part of the L shaped building. About 37 residents were brought to the ER and four others to Paoli Hospital. The center built around 1900 with a later second story addition suffered extensive smoke and water damage.
MENTIONED IN THIS ARTICLE
Wayne Halls
Paoli Hospital
Caley Facility
Radnor Township
Don Wood
Wood
Wayne Mitchell
Washington Hill
Philadelphia
Peace Talks Resumption Proposed For Wednesday
The United Nations commander in the Middle East proposed resuming Israeli Egyptian ceasefire talks on Wednesday. Finnish Lt Gen Ensio Siilasvuo suggested U N troops would be placed in a defined area between Egyptian and Israeli forces, and urged Israelis to offer positive withdrawal terms to positions held before Oct 22. Indirect Cairo Tel Aviv contacts were under way with Geneva talks in mind.
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Associated Press
Egypt
United Nations
Middle East
Cairo
al Ahram
Ensio Siilasvuo
Jerusalem
U.N
Siilasvuo
Siilasouo
Ahmed Anis
Tel Aviv
Geneva
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