Stock Market Rises on Arab Oil Embargo Hopes
New York shares jumped as hopes for an early end to the Arab oil embargo supported gains. The noon Dow industrials rose 11.34 to 831.66 as gainers outpaced losers about 4 to 1. Redman Industries led active issues, Eastman Kodak gained 3 percent, and Sears added over 1 point, with the American Market Index up 1.04 to 95.31.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Nixon
Henry A. Kissinger
Redman Industries
American Stock Exchange
Eastman Kodak
Dow
Sears, Roebuck
New York Stock Exchange Noon Prices Report
The New York Stock Exchange releases noon quotations with figures for numerous equities including AbbtLb Admiral A etnalfeC AirPrd AmCan Anacn ArchOen ArmstCk AshdOill AtlasCorp AveoCorp Avnetinc AvonPdl Bauschl Boeing BoiseCas BuddCo Burind Burghs CampR CampSi CaterTr Celanesen CentSoWl Cessna Chesie Chipint Chessie ChiPnevT2 Chris Cratt.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Admiral
Airco
AlcanAlul
ApecoCorp
AtlasCorp
AveoCorp
Boeing
Elas BoiseCas
Stat BucyErie
Mietl
BuddCo
Ilter
Bulovew
Caedenceind
CaiFinani
Paella CampSi
CaterTr
Isie
Cessna
Cessna.qo
Chessie
Chris Cratt
Jer Vo
Solzhenitsyn says exile may block archives but not writing
Alexander Solzhenitsyn, banished from the Soviet Union, told AP in Zurich that losing his archives would be spiritual murder and could halt his series begun with August 1914. He plans to continue writing, weighing Switzerland or Scandinavia for a future home, and describes exile as uprooting yet not ending his work.
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Zurich
Switzerland
Alexander Solzhenitsyn
Kremlin
Associated Press
Russia
Solzhenitsyn
Moscow
Heeb
West Germany
Scandinavia
Hearst proposes aid to poor and disabled as SLA talks
William Randolph Hearst launches a plan offering to aid the state’s poor aged paroled and disabled as a condition for negotiations for his daughter Patricia’s release. He estimates costs at about 400 million dollars and pledges 500 thousand of his own money plus 1.5 million from the Hearst Foundation. He says it’s a first step and notes there’s no guarantee she will return home.
MENTIONED IN THIS ARTICLE
Hearst
SLA
Patricia
Berkeley
San Francisco
William Coblentz
Oakland
Marcus Foster
Over-The-Counter Bid-Asked Quotations Report
NASD quotations show inter dealer prices around 11 a.m. with markets changing through the day. Prices exclude retail markups and commissions. Data supplied via the High Point office of E. F. Hutton & Co. Inc.
MENTIONED IN THIS ARTICLE
High Point
E. F. Hutton & Co. Inc
High Point Enterprise Subscription Rates and Terms
The High Point Enterprise lists mailing and carrier subscription prices for daily and Sunday editions. Rates include 1 year 36.40, 3 months 18.20, and 1 month 9.10 with Sunday options and weekly carrier fee of .70, plus 4 percent sales tax for North Carolina mail subscriptions.
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Stevens
Telex Cp
Tenaco
Texaco
Texasglf
Thiokol
ThriftOg
TimeMir
Timlin
ToddShipyd
Transam
US Ind
US Steel
Unitele
UnivOil
UV India
Weyerbr
WhelFry
Whiripol
Ma Whittaker
WilliamsCo
Associated Press
American Furn
Anheuser-Busch
Atlantic Pepsie
Bassett Furn
Bluefield Supply
Cameron Fin, Corp
Chatham Mfg
C. Cola Bd. Con
Daniel Intl. Com
D-head Corp
Henredon
Hickory Furn
J.B. Ivey Lane
Life of
Carolina
Ncnb Corp
N.C. Natural Gas
Western
Phillips Fescue
Piedmont Avia
N.C
Rex Plastics
Royal Scots
Inns Sout
West Knitting
High Point Enterprise
High Point Enterprise, Inc
Church Avenue
High Point
Sundo
Ralis Ind. Util. Fgn. L
Kissinger Sent Back To Mideast
Nixon sends Henry Kissinger to the Middle East to resume shuttle diplomacy with Syria and Israel. The goal is disengagement of forces along the Golan Heights and progress on a broader settlement as Fahmy and Sakkar attend the White House briefing and State Department talks.
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Washington
Nixon
Henry A. Kissinger
Middle East
Syria
Israel
Kissinger
White House
Ismail Fahmy
Egypt
Omar Sakkar
Saudi Arabia
Golan Heights
United States
Rose Garden
Mexico
Oval Office
State Department
Mexico City
Social Services Board Reviews Federally Funded Programs
Guilford County Social Services Board meets to review programs that rely entirely on federal funding. The session focuses on how these grants support current services and potential impacts on county operations.
MENTIONED IN THIS ARTICLE
Greensboro
Guilford County Social Services Board
High Point sells 4.8 million long term bonds at 4.5344%
The City of High Point sold 4.8 million dollars in long term bonds at an average rate of 4.5344, 65 points below the municipal bond index. City Manager Harold Cheek praised the sale from Raleigh, noting eleven bids and First Citizen Bank and Trust Co. as the low bidder. The city previously sold 11.2 million at 4.4053, and council may seek voter approval for additional bonds to fund improvements.
MENTIONED IN THIS ARTICLE
High Point
Harold Cheek
Raleigh
Local Government Commission
First Citizen Bank and Trust Co
Horton Appeals Court Judge Hedrick for State Supreme Court Seat
Wake County Appeals Court Judge Frank Hedrick filed to fill the vacancy on the North Carolina Supreme Court created by the retirement of Associate Justice J Carlisle Higgins. Hedrick seeks to join the bench alongside other candidates in the upcoming selection process.
MENTIONED IN THIS ARTICLE
Wake County
Frank Hedrick
State Supreme Court
Assoc
J. Carlisle Higgins
Energy Bill Faces Uncertain Fate In Senate
Washington reports the emergency energy measure, giving Nixon power to order fuel saving steps, faces a razor thin recommittal vote in the Senate. Opposition centers on reducing the crude oil price, with supporters claiming big consumer savings and critics warning of production cuts worsening shortages. White House and oil lobbyists coordinate against the rollback as conferees swap provisions amid prior vetoes and filibusters.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Henry M. Jackson
D-Wash
Jackson
Nixon
White House
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