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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 27, 1973
Page
1
The New York stock market closed lower with the noon Dow down 3.53 to 821.42 as investor nerves over national energy problems persisted. The NYSE and AMEX shows were near flat with brief rally attempts fading, and analysts warned of limited upside potential ahead.
The High Point Enterprise announces subscription rates by mail and carrier, with tax details and footnotes on dividend terms. It notes AP reprint rights, postal classifications, and carrier independence, plus household delivery and advertising representations.
A.P. stock table shows mixed noon values on the New York Stock Exchange led by broad declines. Industrial and utilities fall while transportation edges higher. indexes show minor shifts across sectors including finance and marker readings.
New York AP report details a sharp Dow drop to 24.95, the lowest in two years, amid energy outlook fears and a 10.9 percentage point prime rate rise by First National Bank of Chicago. Brokers describe orderly trading with modest volume as recession risks loom.
Three Palestinian guerrillas who hijacked a Dutch jumbo jet released 244 passengers and eight stewardesses in two groups at Malta after long negotiations with Prime Minister Mintoff. The plane then carried the hijackers toward Dubai with nine or ten crew members, while the Dutch airline executive A W Witholt remained a captive. Passengers endured an 82 hour ordeal with tense moments in Tripoli as Libyan authorities blocked the runway.
DETROIT AP Sales of standard and intermediate sized cars fall as buyers seek gas mileage in smaller models. Mid November totals show Chevrolets Fords and Plymouths down for the sixth 10 day period yet overall industry sales down about 4.4 percent from last year. Large car sales slip with Plymouth Fury down 36 percent while small cars rise from about 2 to 40 percent versus mid November 1972.
Committee members and staff face backlash over progress in the inquiry into large dairy industry donations and a $100,000 payment tied to Howard Hughes. Senator Baker delays vote, awaiting full facts while public hearings on last year’s campaign finance continue.
Five people died in a fiery four vehicle crash near Old Fort North Carolina when a tractor trailer traveling downhill on U S 70 failed brakes and rear ended a Cary family car. The Beene family of Cary included John Jerry Beene 26 Barbara Orr Beene 28 and their three month old son John Brandon Beene all identified. A fourth victim Sara Proctor 51 of Easley South Carolina identified by Memorial Mission Hospital. One male body unidentified sent to Chapel Hill for autopsy. Roy White 29 of Scottsburg Indiana sustained critical injuries. Police said the Beene car was struck from behind and driven into oncoming traffic after the initial collision.
Miss Woods testified she accidentally hit the record button while answering a White House telephone, keeping the tape moving with a pedal. The defense offered to reproduce the whole office. the judge declined bringing in a desk. The court seeks the source of an 18 minute hum and the obliterated 19 minutes of tape between Nixon and Haldeman.
An automobile heading south on I-85 collided with the bridge abutment near Main Street around 11:20 a.m. today, pinning the unidentified driver for several minutes before extraction by police, Guilford County Ambulance Service and High Point firemen. The Jones occupant was rushed to High Point Memorial Hospital for treatment just before noon. name not yet available.
The article notes calls to base U S energy strategy on a lasting reduction in oil dependence with a long term plan. It cites House Appropriations Committee funding for energy research and fuel allocation, and references Nixon’s plan to cut deliveries while officials weigh anti trust issues for recruiting industry executives. It also mentions diverted fuel orders to the Defense Department and a Watergate tape discussion involving Haldeman Ehrlichman and Mrs Nixon.
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