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Newspaper
Terre Haute Tribune
Location
Terre Haute, Indiana, United States of America
Date
Jun 04, 1973
Page
14
The piece argues gold remains a premier store of value while dollars erode amid inflation. It notes a recent gold rally above 120 dollars an ounce, capital flight from dollars, and echoes worries about a rising U S debt load and potential recession.
The piece notes rising American arms shipments to Gulf states as the region remains a long term global center of power. It contrasts Western peace talk with heavy weapon in pours and cites Russian efforts to lure airlines to buy the Tupolev 144 at an undetermined price. China plans a Europe trip to signal westward ties and criticizes a proposed European security conference.
Chicago wheat corn and soybeans rise on the Board of Trade with 10:35 a.m. quotes. Hogs and cattle vary by weight, with prices broadly higher and receipts tallied in Indianapolis and across the Midwest. Midwest egg prices hold steady in wholesale reports.
Five boys aged 12 to 16 were arrested Sunday morning and charged with auto theft and larceny from an auto. Police said the youths stole a car at 1 30 a m, traveled around town, and were stopped. Items including a watch a camera and a .22 caliber gun were found in the stolen vehicle and traced to other cars. The juveniles were taken to the juvenile detention center.
Jack R. Booker, 24, of 231 Spruce Street, admitted guilt in Vigo Circuit Court to assault and battery on a child. The offense involved a six year old girl on May 19, 1973. Judge C. Joseph Anderson set sentencing for June 20.
A UPI report cites Hornblower & Weeks-Hemphill Noyes Inc and First National City Bank noting inflation may ease and April’s trade surplus aided by higher food prices and cheaper exports. Investors are urged to buy low P E industrial and utility stocks as market fears shift and corporate borrowing climbs.
Researchers report a West German threshold of over 1.80 meters defines tall adults while North Germans exceed Bavarians in average height. The finding highlights regional height differences across Germany and links geography to stature.
Cleveland report notes Industry Week stating the global and U S steel market is unusually tight. Domestic mills face near normal operations for regular customers but some say market handling may hurt future industry. First half shipments average 9.3 million tons monthly. second half forecast down by about one million tons monthly due to limited production.
Richard G. Schwehr, 25, of Edwardsville was killed when his car ran off Interstate 270 near Pontoon Beach and overturned on Sunday, authorities said.
Vigo County Indiana through its Board of County Commissioners will accept sealed bids for furnishing 6000 feet or less of 12 gauge steel guard rail with posts and hardware and for 14000 cubic yards or less of Pit Run Gravel for the Vigo County Highway Department. Bids due 10:00 A.M. EST June 1973. Bid forms and bond or certified check requirements apply. Right to reject bids and waive technicalities reserved. Bureau offices in Terre Haute.
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