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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Oct 31, 1978
Page
1
In Washington a renewed round of Mideast peace talks resumes with intent to complete a treaty text. Egypt Israel and the United States aim to resolve disputes over linkage to Palestinian issues while noting ongoing settlement developments on the West Bank.
The dollar tumbled to postwar lows across major markets while gold stabilized near $244 to $245 an ounce as traders anticipated a gradual recovery. In London and Zurich, gold edged up Monday before easing, and early trading showed calmer activity despite ongoing dollar weakness.
The New York stock market ends volatile after a sharp two week selloff that erased over 100 billion in paper value. The Dow fell more than 90 points, then recovered to 811.85 as 59.48 million shares changed hands, with declines still ahead of advances.
A column offers folklore on witches with signs such as dark facial hair and a willow cane. It warns against strangers pinning flowers or borrowing personal items, and notes remedies like eggshells and reading the Bible backwards as myths.
A William and Mary economist reports September’s total dollar volume of Virginia business fell 5.2 percent from 1977, with checking transactions down 21.2 percent in Richmond and declines in Petersburg and Staunton but gains in Charlottesville, Alexandria, Bristol, and Roanoke. Building permits rose 19.6 percent, nonagricultural employment grew 3.8 percent, and retail sales increased 10.4 percent, while postal receipts, newspaper lineage, water, and electricity use fell.
More than 37 000 refinery workers walked off today blocking Iran’s 5 million barrel daily exports. Abadan Khard Island Bandar-Shahpour and Bandar-Mahshar facilities halted all flow. Workers seek wage hikes and lifting martial law while political unrest and anti shah protests flare nationwide.
DuPont announced plans to begin preparing a Warren County site for a potential new facility though no final construction plans exist yet. The notice appears among the area news and page listings for the publication.
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