Oil minister signal sparks stock market rebound
After heavy losses in prior sessions, stocks moved toward the plus side in New York trading as Saudi Arabia’s oil minister Ish Ahmed Zaki Yamani voiced concern about the effects of higher oil prices on the world economy. The Dow rose to 839.02, while Exxon, Gulf, and ARCO fell and Texaco and Standard Oil of California rose.
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Richard L. Stern
New York
Sheik Ahmad Zaki Yamani
New York, Stock Exchange
Dow
Europe
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Clark-Gravely Corp
High Point Enterprise Rates and publication notice
The High Point Enterprise announces subscription rates and publishing notes from its 210 Church Avenue office in High Point North Carolina. It lists mail and carrier rates, tax notes, and commentary on dividends and stock distributions, with footnotes explaining terms and irregularities.
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Nixon White Papers Tie Milk Fund ITT to aide actions
White House papers on the milk fund and ITT affairs support Nixon's stance but raise questions about former aides. They say Nixon ordered a halt in the ITT antitrust case before ITT offered to finance the Republican National Convention, then reversed the order on Mitchell's advice. Kleindienst testified no White House interference, while Mitchell said he disqualified himself from the ITT case.
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Milk Fund
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European Rationing Begins Across West Europe
European rationing starts with Sweden cutting gasoline use for a second day while Norway and the Netherlands plan similar steps this month. Britain issues ration coupons as a precaution. Rumblings of future curbs surface in Switzerland, Italy, and Austria if oil conditions worsen.
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London
Sweden
Norway
Netherlands
Switzerland
Italy
Austria
Area Blood Programs Stay Healthy in High Point and Thomasville
Blood programs in High Point and Thomasville report healthy conditions due to strong donor response. Donations in High Point exceed usage, Thomasville nearly balances, but officials warn the pace must continue to avoid shortages for hospital patients. Sanders Grantham notes Frank Stanton’s election to vice presidency of the League of Red Cross Societies. A Thomas Gooding reports service to military families remains normal after a holiday surge. George McLarty Jr. says first aid training will be overhauled to adopt national levels.
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Thomasville
Red Cross Board of Directors
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Frank Stanton
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Geneva
Switzerland
George McLarty Jr
Nixon Celebrates 61st Birthday in Palm Springs
President Nixon spends a night in Palm Springs after a birthday celebration at Walter Annenberg estate. The trip, kept secret, followed a motor route from Yorba Linda to Banning McDonald's for a hamburger and chocolate milkshake, his first in 13 years, as staff held a surprise party at the Western White House.
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White House
San Clemente
Nixon
Walter H. Annenberg
U.S
Great Britain
Palm Springs
Yorba Linda
Banning
Gerald L. Warren
Warren
Nixons
Lyndon B. Johnson
Annenberg
Bread price scare dismissed by agriculture official
Washington AP report says a top Agriculture Department official called the forecast of bread at 1 a loaf irrational. Asst. Agriculture Secretary Carroll G Brunthaver argued wheat would need to reach 60 a bushel for a 1 loaf to cost a dollar retail. Bakers had warned exports would raise wheat to 12 a bushel and provoke shortages. officials opposed export controls.
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Washington
Agriculture Department
Asst. Agriculture
Carroll G. Brunthaver
American Bakers Association
Brunthaver
Witness Says Nixon Got Hughes Checks President
Witness testifies that President Nixon received Hughes campaign checks as part of a re election fund. The testimony asserts the Nixon campaign was given a number of checks linked to Hughes interests and fundraising efforts.
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Nixon
Hughes
Washington
Charles G. ‘Bebe’ Rebozo
Britain faces energy crisis as rail and coal woes disrupt life
London endures a three day work week as coal miners refuse overtime, and locomotive workers stage a go slow. Citizens cope with power cuts, gaslight shops, and bomb threat fears while industry stalls and theft rises amid the energy shortage. A parallel deposition links Howard Hughes associates to political fundraising. Liddy’s Watergate role noted.
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London
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Katy Loughern
King’s Road
Palace Rolls
Sandringham
Tragedy Deepens For Haynes Family In Liberty
Lester Haynes faces a double blow as his wife Patricia dies in her sleep, presumed natural causes, while his 12-year-old daughter Tammy Denice remains missing after being last seen at a laundromat. Haynes, a former Marine, runs at a mobile home dealership and has three younger daughters and an 11-year-old son.
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Lester Haynes
Patricia Haynes
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