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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 10, 1973
Page
11
Analyzes whether to take a long term mortgage at five percent or pay cash, arguing the choice hinges on age, income, and investment opportunities. Weighs costs of interest versus inflation, with examples for a $30,000 loan and a $40,000 retirement home purchase, noting no universal answer.
City Council hosts a Tax Party in the Mission Room at the Convention Center on September 17 to help seniors apply for the $3200 property tax exemption. About 20 desks will be available with city tax office staff registering eligible seniors, who must be 65 or older and bring their tax account details and property identifier.
Members of the grancil are expected to attend the funcion as part of the Over the Counter WEHDAY observance.
A Virginia factory reports tides reaching an extraordinary two linked measurements, with water levels surging to a remarkable height. Local officials and workers monitor the site as concerns rise about potential damages and disruption to operations.
New York stocks dipped slightly in quiet action as the Federal Reserve keeps a tight stance. Volume neared 5.8 million shares before noon, with analysts noting cautious sentiment amid hopes rates may peak. After hours, Fed Chairman Arthur Burns signaled higher reserve requirements on large CDs.
Dow Jones average move modest with Transp, Adsl and Kennecott among leaders or laggards. American Stock Exchange saw narrow gains led by Canadian Javelin while Cox Cable and Philips Petroleum fell on weaker oil outlook and lowered North Sea reserve estimates.
Beef prices rose little as the freeze began thawing with rump sirloin and round not climbing from last month’s ceiling levels in many areas. Dallas Tam Thumb Supermarkets stopped trading stamps to offer reasonably priced beef today and tomorrow. Wholesale beef prices in New York reportedly returned to normal, with plants operating at full meal capacity and no immediate retail price hikes expected.
EAST HAMPTON N Y UP I reports no sign of David Post Rumbough 23 as police Coast Guard and private yachts continue search near Gardiners Bay. Rumbough and friend Jonata Keith were aboard a 27 foot ocean racing boat Saturday when steering failure caused it to spin and throw both men into rough waters. Keith was rescued. Rumbough remains missing as private searchers sail the coast with spotlights.
The piece presents a dense, scanned Near Real Time image of stock quotes and market tumults with mentions of NYSE listings and prices. It references various companies and financial terms, indicating a broad market snapshot with cross references to futures and currency movements.
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