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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Oct 02, 1978
Page
8
New York based stock market report from AP shows varied price movements across many issues on the Exchange. Data tables include highs lows and last prices with numerous company names and figures reflecting mixed investor sentiment.
A federal official outlined plans to study nonverbal and pictorial advertising, arguing truth in ads now requires evaluating the total message. FTC official Tracy Westen cites Coke ads featuring idealized vitality and romance, while critics warn of censorship and consumer manipulation in a debate shaping industry research and response.
Crowds braved heavy rain at St. Peter's Basilica to glimpse Pope John Paul I's body amidtributes of grief. Among mourners was Ernest Gardella of Rumson New Jersey who called it the greatest experience of his life. Cardinal Lekai and Cardinal Manning spoke of seeking a pastoral pope to lead the church while the conclave prepares for the funeral and next papal election.
A bomb exploded today at a labor office in the West Bank village of Dura near Hebron causing damage but no casualties. Israel radio quoted the army spokesman as noncommittal while military sources confirmed the report.
Melissa Sue Anderson, 16, reflects on Little House on the Prairie's popularity as NBC's top rated series, while her on screen role evolves with Mary’s blindness and later marriage. The California born actress, mentored by Michael Landon, sees a future in acting and directing, after earning a high school diploma and Emmy nomination.
New York AP reports the Dow Jones industrials gained 46.87 in Q3 and 34.65 for nine months, but momentum waned as gains eroded. Other indices like NYSE composite and AMEX market value eased, while volume fell from prior weeks. Analysts cite declining confidence amid inflation fears and recession worries, noting leadership from high-risk issues rather than blue chips.
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