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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 15, 1973
Page
2
The New York stock market declined as investors took profits after a two month surge. Analysts cited overdue downturn and Burns remarks signaling no major change in Fed policy and no plan to loosen credit. The drop followed expectations that rates had likely peaked due to easier policy.
A dense OCR page shows numerous ticker symbols and figures across sectors including ConEd, ConFds, ConNGs, and ContAirlin. It lists last prices, percentage changes, and percent yields with footnotes explaining dividend types and stock actions for various corporations and commodities.
The High Point Enterprise announces subscription rates for daily and Sunday editions, including annual and short-term terms, with mail and carrier options and tax notes. The notice lists postal and distribution details and references Associated Press reuse rights.
The American Stock Exchange posted noon prices with sales figures showing net activity. Prices ranged across high and low points with last traded values and changes noted for the session.
Vice President designate Gerald Ford aims to bridge the gap between Nixon and Congress. He flies to Washington after two speeches in Portland and a news conference, saying he could be a conduit for compromise. ADA opposes Ford, Griffin proposes a no matter when confirmed, and Ford welcomes tough questions at confirmation hearings.
Mars Hill College president Dr. Fred Bentley halted classes and asked students to stay in residence halls to aid investigators in the death of Sally Bell Moffitt of High Point. A memorial service was set for 2 p.m. on campus, with fall break postponed to follow.
About 100 scientists and educators from around the world are expected to attend an International Environmental Education Conference starting today at Lutheridge near Asheville.
King Faisal signals Saudi troops will aid Arab states in the Middle East conflict. U S officials say oil flow likely to continue despite this diplomatic posture, with Washington pursuing arms shipments and a cease fire plan tied to broader peace talks. Saudi forces reportedly headed to the Golan Heights as Egypt and Syria coordinate.
Eight Arab nations plus Egypt and Syria pledged troops to the war against Israel by Sunday. A Saudi radio report announced that Saudi forces were being sent to the Syrian front. Libya North Yemen and South Yemen had not yet committed ground troops, though they offered other support.
Egyptian forces report vast battles along the 102 mile Sinai line with territorial gains claimed while Israel counters that its defense line remains about 2 miles inland near the Suez Canal. Defense Minister Dayan warns the decisive battle is still to come as casualty figures mount. Israeli planes strike bases north of Cairo and naval units claim to have sunk 14 armed fishing boats at Ras Gharib.
In Bloomington Illinois an AP report notes that turning on headlights whenever you use windshield wipers increases your car visibility to others. State Farm Mutual urges headlights over parking lights for this purpose.
Troop convoys flood Bangkok as King names Sanya rector of Thammasat University. Demonstrators confront tanks, sporadic gunfire wounds many, and hospitals fill. Students in red armbands control traffic while police vanish. American civilians and military personnel remain in the country amid unrest.
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