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THE PRESIDENT HAS SEEN NEWS SUMMARY October 17, 1973 (Tues nets, wires. Digest Separate) The major stories of the day: Sadat's prepared to agree to C-F if Israelis get out of occupied lands. He warned Israel that Egypt possesses Zepher missile which can hit Israeli cities. Led all nets along w/his willingness to open Suez at any moment. Also in her 1st public speech since war began, Meir said Israelis have crossed Canaland are operating on Egyptian side. No estimate of number of Israelis involved. As for Egyptian call for Israelis to get out of the land taken in '67, she termed it "ridiculous" and "laughable. 11 CBS said she apparently wasn't intimidated by Egyptian missile threat. NBC called her speech "tough. 11 CBS described Sadat as sounding "triumphant. 11 US says 30 jets have airlifted 500 tons of arms to Israel on 1st 2 days of US resupply effort. That's only 10% of what Soviets have sent, noted all nets. ABC/CBS film as Marines in full battle gear boarded the Iwo Jima and the vessel sailed for the Med. CBS noted the 2000 troops included a specially trained Marine landing unit and that there'd been all-out effort to load it in record time. CBS AM said Norfolk "security was tighter than it's been since WWII" when an Israeli cargo ship was loaded. ABC film Import of US aid as both military and psychological boost to Israel emphasized by ABC/CBS. Reasoner commentary on "scary" nature of budding confrontation. He concluded: "You see kiddies, there was a cold war and never settled; it could be a very, very short generation of peace. 11 Rumors of "decisive, 11 possibly "climactic" battle in Sinai noted by all nets. Israelis seen as still stalled in Syria. Film on all nets and ABC/CBS had film of Israeli POWs being well-treated in Damascus. RN will meet Wed. w/For. Mins. of Saudi Arabia, Kuwait, Algeria and Morocco. Noted by all nets w/Valeriani calling it the only positive diplomatic development that's visible. UPI says session "may be one of the most critical in the tense crisis. 11 Meanwhile, the six largest oil producing countries on the Persian Gulf announced a 17% increase in crude oil prices, but said move had nothing to do w/the war. Increase not expected to effect US right away. Most direct immediate effect likely on Europe and Japan.