Few Americans Buy Gold on First Day of Ownership
On the first day of legal ownership in 41 years few Americans bought gold while futures markets surged. At the Chicago Mercantile Exchange the IME saw 674 contracts traded in 30 minutes with January 100 troy ounce delivery at 188.50 and December 1975 at 205.50, as NYSE volume surged and trading halted briefly.
MENTIONED IN THIS ARTICLE
Lee Mitgang
New York
Etary
Chicago Mercantile Exchange
New York Mercan
Commodity Exchange, Inc
New York Mercantile Exchange
Commodity Exchange
London
Pecos Enterprise skips New Year’s Day issue
Most Pecos businesses close Wednesday for New Year’s Day including county, city, and state offices. Continental Telephone, Southern Union Gas, Community Public Service, two banks, savings and loan, Department of Public Safety and Pecos Enterprise also observe the holiday. Futures trading interest noted at Merrill Lynch with professional buyers and modest early purchases. gold futures opened at $194 on the NYMEX and $189.50 on the Commodity Exchange.
MENTIONED IN THIS ARTICLE
Pecos
Continental Telephone Co
Southern Union Gas
Community Public Service
The
Two Banks and Savings and Loan
Department of Public Safety
Pecos Enterprise
Pecos Students End Long Holiday With Short Week
Pecos students return to class Thursday after a long break from December 20. All schools will reconvene on a regular schedule for a shortened week. The note mentions morning and afternoon fixing prices around 187.50 and 195.25 dollars, but little context links these figures to the school report.
MENTIONED IN THIS ARTICLE
Karen Calloway
Duke
Carlos Nichols
Pecos
Telephone numbers switch to 447 exchange in progress
Continental Telephone Company manager Ron McReynolds said 447 numbers will replace 445 numbers within two weeks. He noted the cutover began December 20, with work on both sides of Veterans Road near Eddy toward the Balmorhea Highway, and new directories will list affected numbers.
MENTIONED IN THIS ARTICLE
Continental Telephone Company
Ron McReynolds
Eddy
Balmorhea Highway
Faith and courage urged to overcome fear in Ervin farewell
A syndicated New Year message from Senator Sam Ervin warns that fear is America’s greatest foe. He urges truth and faith, saying courage grows from belief in righteous causes and in God’s promises. If the nation seeks truth and keeps faith, it can meet internal and external challenges.
MENTIONED IN THIS ARTICLE
Sen
Sam Ervin
Sen. Ervin
America
Thomas Carlyle
Enterprise raises home delivery rate
The Pecos Enterprise will raise its local home delivery subscription to 2.50 dollars per month starting January 1, adding 12 cents in taxes and more cost coverage for carriers. The per copy rate becomes 11 cents, while the 15 cent stand price remains unchanged. Publisher O F Pauly cites higher newsprint and supply costs as the reason for the increase to sustain growth and service to the community.
MENTIONED IN THIS ARTICLE
Pecos
Pauly
Postal truck hijack near Monahans leaves mystery
Postal inspectors probe a hijack of a U S mail truck five miles west of Monahans. The driver Hershel Meredith, 45, Midland, said three armed bandits dumped him in the back for 10 hours and stole three registered mail pouches. Authorities from Dallas to Amarillo join Ward County deputies in seeking clues.
MENTIONED IN THIS ARTICLE
U.S
Monahans
Herschel Meredith
Midland
G.Q. Avery
Barstow
Dallas
San Antonio
Amarillo
Ward
el Paso
Meredith
Pyote
Snow Closes Out Year Across Texas Panhandle
Snow blanked much of the Texas Panhandle as a winter storm hit the last day of the year. Dalhart logged up to 3 inches, with Perryton and the Panhandle near 3 inches, Amarillo about 1 inch, and the belt reaching toward Tulsa. Travel advisories warned of hazardous conditions while temperatures ranged from the 20s to 70s across the state and showers spread from the Southwest to the Great Lakes.
MENTIONED IN THIS ARTICLE
Associated Press
Texas Panhandle
Dalhart
Perryton
Upper
Panhandle
Erate
Amarillo
Tulsa
Texarkana
Austin
del Rio
Mountains
Great Lakes
Appalachians
California
Rockies
Texas
Tex
Las Vegas
N.M
New Mexico
Iowa
Kansas
Texas predicts 16 highway fatalities during New Year period
The Texas Department of Public Safety forecasts 16 deaths from traffic crashes over the New Year's holiday. DPS will run an Operation Motorcide fatality count and report the tally to news outlets three times daily during the holiday period.
MENTIONED IN THIS ARTICLE
Austin
Texas Department of Public Safety
DPS
Also Mentioned on This Page
Merrill Lynch
Providence
R.I
Charlie Sedlak
Peggy McCracken
O'Ferrall Pau
L.H. Powell
State of Texas
Fort Worth
SEM
William’s Department Store
South Oak ST. Pecos