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High Point Enterprise in High Point, North Carolina

09 Nov 1973

Page 1

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High Point Enterprise November 9, 1973 Page 1 old newspaper archives

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Nov 09, 1973

Page

1

Energy crisis weighs on New York stock market

New York stocks fell sharply as investors priced in energy shortages amid the Arab oil cutoffs. The noon Dow Jones average slipped 19.55 to 919.10, with General Motors down after an ex dividend, while Cinerama led American Exchange activity at 148.

MENTIONED IN THIS ARTICLE

New York General Motors Wall Street Larry Wachtel Bache & Co American Stock Exchange Cinerama Amex Sperry R StBrand F& A Ava Wai CocaCol Colg Pal Wasser Tektranx Isva Levitz Furn Telex Cp CoiGas LibbMcNi Teanco Tesoro Texacolzé LockhdAire Bea Textron Lagissilde LTV Corp Thriftyd Vie Bat Va Timka Abi LVO Corp Wa & oMs Ava Stat ConlTel Rae Transam la Magnyvox Ye Ual Inc CrownCork Marcar Trat Macinaal Tavaley UN Elect Bala Ava Ae Ve Marek My UnjiCo Detta Air Auirodot Dennys Ind US Steel Sale Mobile DillonCoib Wiebe Va Univeil Disney W Vojoha India Varian Motorala Echlin el PasonGl Isda NalFuell Iha WestgEl Va Wits Emerel Abia Va Weyern Féa Fada Atv York Esmark Dla Evans I Exxona Jamsco Ryley Winnebago Va Addisso Fairlad Niamp Walwit Admiral Fanstel Norfikwa Norris Airco Associated Press Firestone FilCharst Valléva O's Northrop Ste Ya Adigbud Anacht Adie Flintktel Norton Va Nor Sim DMC Alcoa FdFair Hess AmAirlin AmCan Java Gannett BansirCil GriMsal Salz Getty Bate Gillettet Pennzoil Dixilyn Cor Bae Bt Va ArmstCk Essex Chern Gracel AftiasCorp Wu Frontier Air Grumman Husky Oil Imp Bell How Instrum Halburt Ae Pullin Bernstl Hercules Questor Ralstan P Slam Ty Ranco Boise Cas Bo Ma Hoern Lalay Radio Arshat Ie Revion Bulovan Viva Isva Reyind Il — ReynMet Idaho Roanstade Burlindi Burl Nori RydrSys Ee Camar Sa Sat CaroPwléo Atu Cenmsovv LetekCorp Scqaind Certiead Sa Scurry Rain Jewel Statham Ins Cessna E JanManl BO Ze Searleg Ala— Ag Syntex KaisAlm Sinnal Kangbinsz SonyCp Karyind Vikoa Inc Kellagg VLN Corp Kennecom South Col Kerr
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Dividend footnotes and share status explained

Salas figures shown are unofficial and dividends percentages reflect annual disbursements per last quarterly or semi annual declaration. Footnotes designate special, liquidating, stock, or accrued dividends and other conditions such as ex dividend and warrants.

MENTIONED IN THIS ARTICLE

Salas
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High Point Enterprise Home Delivery Rates

The High Point Enterprise lists subscription options including May Baily and Sunday, Sunday only, and by carrier weekly or monthly rates. It notes NC mail tax, AP rights, and carrier independent contractor status with contact for home delivery rates.

MENTIONED IN THIS ARTICLE

High Point Enterprise High Point Enterprise, Inc Church Avenue High Point N.C Associated Press Ward-Griffith Company National Advertising Cei
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New York Stock Index at Noon Gains and Losses

The noon ticker shows mixed moves across sectors on the New York Stock Exchange. Industrial and transportation indices slip while utilities and finance edge higher. overall composite levels trend downward with modest changes in several major components.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange Index Industrial Ceater Transportation
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Implementation Problems Remain Energy Self Sufficient by 1980

AP News Analysis by William Stockton notes most basic research for President Nixon's Project Independence is done but faces environmental and economic hurdles. Scientists say ideas exist to reach energy self sufficiency by 1980 and that coal conversion technology is central to achieving the goal.

MENTIONED IN THIS ARTICLE

William Stockton Washington (Ap Nixon U.S Vrsity Atomic Energy Commission West William McCormick White House Office of Energy Policy
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Watergate tapes and energy policy dominate briefing

The report covers Watergate developments with Miss Woods and Haldeman testimony, the AFL-CIO impeachment push, and discussions of Nixon-Cox tensions. It transitions to energy policy doubts on coal and nuclear futures, featuring quotes from NSF and Dartmouth experts on costs, environmental impacts, and licensing accelerations under President Nixon.

MENTIONED IN THIS ARTICLE

Miss Woods Richard Ben-Veniste Watergate Special Prosecution Force Sirica White House Nixon John N. Mitchell Nixon-Dean Dean Secret Service H.R. Haldeman Afl-Cio Congress Cox Benjamin Fernandez Senate Watergate Committee Miami John Priestes
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Udall Criticizes Energy Shortage Forecasts and Urges Quick Action

Udall contends that optimism about technology will prevent disaster and rebuts Nixon's prediction of a winter oil shortfall. He warns the deficit could reach 2.5 million barrels per day, or 10 to 17 percent of demand, and calls for immediate rationing and taxes to cut consumption. He proposes limits on commerce, car pooling, a temporary energy surcharge, a ban on neon ads, and eliminating unneeded advertising before pumps run dry.

MENTIONED IN THIS ARTICLE

Udall Nixon
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Europe Braces for Oil Crunch Across West Europe

West European governments move to conserve oil amid looming Arab cuts. Belgium leads with broad restrictions, West Germany acts similarly, Scandinavia enacts milder curbs, France cites pro Arab ties. Algeria exempts France from a 25 percent export cut. Britain plans secret contingency measures as fuel supplies tighten and airlines consider pooling services.

MENTIONED IN THIS ARTICLE

Julie Flint Associated Press London Nixon Belgium European Economic Community France Algeria U.S Europe Britain
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Death Given In Charlotte Slaying

Anthony Douglas Carey, 20, sentenced to death in Mecklenburg County for first degree murder in the shotgun slaying of service station attendant James Sloop during an attempted robbery on June 19. Carey was found guilty Thursday in Superior Court.

MENTIONED IN THIS ARTICLE

Charlotte Anthony Douglas Carey Carey Mecklenburg County Superior Court James Sloop
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World’s Biggest Energy User Must Cut Demands

The energy crisis prompts nationwide voluntary cuts led by President Nixon. Citizens and officials reduce highway gas use and indoor heating, with thermostats lowered across states, utilities curtailing service, and major retailers trimming lighting and display displays.

MENTIONED IN THIS ARTICLE

Mike Duffy Associated Press Nixon
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Also Mentioned on This Page

eAment Enterprise Business and Financial News Stock Market Report A.P. Stock Ind. Rails Util Min Fon L.yd Dow-Jones Paul Donovan National Science Foundation Gordon J.F. McDonald Dartmouth Uni Hunt Philip Lacovara McCord Barker Maria Elena Moffett Alexandria Mitchell Magruder United States Jeb Magruder Liddy Martinez Cleveland Ralph J. Perk Oklahoma Pennsylvania Washington Gas Light Co Georgetown University University of Maryland Washington Hilton New Jersey Turnpike New Jersey Garden State Greyhound Corp Sears, Roebuck and Co Main Street Buffalo N.Y Bartlesville Oklo Houston Tex Nash Ihigh Point Bradley
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