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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 26, 1973
Page
1
Stock prices eased after an early rally spurred by news Arab oil producers would ease embargoes. The Dow Jones rose to 825.49 at noon, up 10.66. the broad composite climbed to 50.33, and the American index to 86.11 as advances led declines in active trading.
The New York Stock Exchange announced a selection decision involving Nogn Print Salon. Details were scant in the brief AP update, with emphasis on the exchange’s action and the salon involved. No further information on dates locations or outcomes was provided.
Unofficial rates of dividends in a preguing table reflect annual disbursements from last quarterly or semiannual declarations. Footnotes label special payouts and indicate various dividend types with letters a through x and beyond, including ex dividends and dividends in arrears, with notes on stock splits and other corporate actions.
New York noon stock index shows mixed moves with gains in some industrial and transportation stocks. Bonds edge higher while rail and utility shares display modest shifts amid ongoing market activity.
Weather forecasters warn of abnormally high tides on January 8 and February 7, 1974 due to the full moon, close lunar approach to the mid-Atlantic coast, and a rare sun moon alignment raising flood risk along the U S East Coast.
On Christmas night near Monroe North Carolina a head on collision on US 601 killed 22 year old John Shaw and 19 year old Betty Shaw of Mount Croghan South Carolina who were among 17 holiday crash fatalities. A northbound car attempting to pass struck their southbound vehicle and the other driver was hospitalized in Monroe.
Boston AP reports Historic Old North Church marks 250 years since its first service this Sunday. The era is linked to the April 18 1775 lanterns in its steeple alerting Paul Revere of a British expedition toward Cambridge.
President Nixon reviews possible future steps after the Arab oil embargo. A 30 minute Kissinger call discusses the Middle East, energy crisis and U.S. policy as Arab producers threaten reduced shipments and higher production for allies.
Edward M Kennedy Jr., 12, son of Senator Edward M Kennedy, arrived in Palm Beach for a Christmas visit after amputating his right leg to fight bone cancer. He spoke of gifts including a hockey game and a Miami Dolphins football during a one week stay with his family and grandmother. He waved to crowds at Palm Beach International Airport and later conferred with White House staff in Washington.
VAN BUREN Ark AP police recount a bold burglary at a local supermarket. Thieves moved a truck into the store, dragged two concrete safes three blocks, loaded them onto the truck in a church lot, then to a utility plant where one safe was cut open with an acetylene torch. The contraband was later found at the Arkansas Louisiana Gas Co. plant in Fort Smith. The amount of money inside the safes was not disclosed.
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