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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 20, 1973
Page
1
New York stocks rose modestly as investors reacted to new oil program measures. The Dow industrials gained 3.38 to 832.95 at noon while the broad NYSE index edged higher and the American exchanges showed mixed results amid cautious optimism for oil stocks.
The document notes that exchange sales figures are unofficial and dividends shown are annual disbursements based on the last quarterly or semiannual declaration. It lists footnotes for special or extra dividends and various dividend designations such as liquidating dividends, stock dividends, paid or declared periods, and other modifiers including accumulative, ex-dividend, and warrants related terms.
Inter- dealer bid and asked quotations as of about 10 a.m. show prices that vary through the day. Prices exclude retail markup markdown and commissions. Quotations provided through the High Point office of E F Hutton Co Inc.
Dow Jones averages show mixed movement with small gains in select rails and utilities. Higher grade rails firm while second grade rails edge higher, bonds steady amid light trading and mixed signals from transportation and public utilities sectors.
Homer L. Elm, 43, of Arcadia South Carolina, released after 24 months in the Mekong Delta, recounted tight restraints for weeks and multiple relocations near air and artillery strikes. He said he ate with his captors, endured rope and ankle restraints, and lost 25 to 30 pounds while sharing the guerrillas diet. Elm and two Vietnamese colleagues were seized October 6 while driving a ICCS marked Dodge pickup.
Washington AP report notes Melvin R. Laird will resign as presidential counselor February 1 and transfer congressional liaison and domestic policy duties to Vice President Gerald R. Ford. Bryce Harlow also plans early White House departure amid Watergate fallout.
Federal Judge Charles Richey weighed whether W A Boyle should be arraigned in Pennsylvania for the 1969 killings of Joseph A Yablonski his wife and daughter while Boyle serves a three year term for illegal union political contributions. The decision hinges on custody and inter state detainer rules amid Boyle’s ill health and hospital confinement.
Philadelphia AP Jimmy Hoffa, aged 60, declares plans to run for the Teamsters presidency in 1976 while on parole and under a 1980 ban on union activity. He aims to challenge the restriction in court after seeking release from the rule, and plans a local bid in 1974 for Teamsters Local 299 in Detroit.
Los Angeles AP reports the Ellsberg burglary case faces a delay as prosecutors and defense negotiate schedules. Names Ehrlichman and related figures appear in connection with the ongoing legal proceedings. The article notes procedural postponements affecting court dates and related actions.
Dr. Budd Smith will retire as president of Wingate College next June 1, with the 28 member board naming him president emeritus for life. He has led the college for 20 years and a successor will be sought early next year. Nearby, four months remain in the Daniel Ellsberg burglary case as Young and Liddy secure a trial delay. defense motions seek dropping charges due to discriminatory prosecution and prejudicial publicity from Watergate hearings. Ehrlichman’s defense hints officers’ actions and orders while Krogh Jr. pleads guilty to civil liberties violation, reducing charges against him in Los Angeles.
The report recalls Senator Ervin calling for swift trials and punishment amid Watergate while considering retirement after 1974 elections and fishing. It also recounts Bobby Darin’s career arc from fame to marriage, anti war stance, comeback, and pending funeral arrangements.
Wisconsin Democrat Sen. William Proxmire, a fitness fan, jogged from home to the Capitol on a snowy Wednesday. He slipped on ice, fell, and ended with a slinged arm and a cut above the eye.
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