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Newspaper
Lompoc Record
Location
Lompoc, California, United States of America
Date
Jul 02, 1973
Page
4
In Bonn the dollar fell to record lows in Frankfurt and Amsterdam as the mark revaluation spread across European centers. Gold opened lower and traders called trading hectic.
Pvt. Reginald B. Roberts, 25, was killed by a sniper in a Catholic area of Belfast just after his wife telephoned to wish him a birthday. IRA extremists warn the Provisional wing will persist violence despite Northern Ireland assembly elections.
Paris hosts 600 experts from 70 nations in the largest solar energy conference in history under UNESCO auspices. Scientists report solar heat could replace shrinking oil and gas supplies, while Britain plans gasoline rationing and the U.S. faces a congressional probe into fuel shortages. Senator McIntyre accuses major oil firms of watering down gasoline octane without lowering prices.
President Nixon forecasts lower food prices this autumn due to the record wheat crop and 40 million acres added for farming. He pledges to keep the price freeze as short as possible and outlines Phase Four with stronger controls to broaden supply and ease export bans.
Tornadoes swept from Nebraska to Minnesota with 10 reported in South Dakota six in Minnesota and three in Nebraska. Severe weather caused multiple deaths and widespread flooding across New England and the Midwest with hundreds displaced and millions in damage.
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