Prime Lending Rate Rises To New 19 Month High
Banks raise the prime rate by a half point to 9.25 percent the highest in 19 months. The move follows Federal Reserve tightening to curb the dollar decline and inflation. Dow stabilizes after a sharp drop as major banks including Citibank and Chase Manhattan raise rates.
MENTIONED IN THIS ARTICLE
New York
U.S
Federal Reserve Board
Wall Street
Alan Fox
Consumer Federation of America
Citibank
Chase Manhattan
Fed
Ward McCarthy
Merrill Lynch Capital Markets
Gore clashes with rivals over tone as debate fuels bad blood
Democratic candidates spar over Gore's aggressive attacks during a Washington debate and after stage remarks, with Bruce Babbitt warning the race shows the makings of bad blood while urging less name calling. The night also featured a post-debate discussion among four rivals and a $2 million fundraising event in the capital.
MENTIONED IN THIS ARTICLE
Washington
Albert Gore Jr
Bruce Babbitt
Arizona
Gore
Democratic National Committee
Jesse Jackson
Richard Gephardt
Missouri
Illinois
Paul Simon
Babbitt
Paul Kirk
D-Tenn
D-Mo
PTL creditors and contributors win a round in bankruptcy
U S Bankruptcy Judge Rufus Reynolds allowed creditors and contributors to file competing reorganization plans within a week and said an arbitrator will help merge the proposals. PTL leaders threatened resignations if both plans surfaced, but the judge ruled the move prudent to speed Chapter 11 proceedings.
MENTIONED IN THIS ARTICLE
Columbia
S.C
PTL
Evangelical Empire
U.S
Rufus Reynolds
Harry Hargrave
PTL Club
Hargrave
Reynolds
Thirteen Bodies Recovered From Doomed Mona Channel Boat
Civil Defense reports 13 bodies found after a wooden refugee boat capsized in the Mona Channel. The 100 mile wide passage between Puerto Rico and the Dominican Republic saw up to 150 poor Dominicans aboard seeking passage to Puerto Rico.
MENTIONED IN THIS ARTICLE
Santo Domingo
Dominican Republic
Mona Channel
U.S
Puerto Rico
Coast Guard
Mona Passage
Commonwealth
Civil Defense
Eugenio Cabral
London Fog Trunk Show At Coat and Dress Event
The London Fog styles for the season will be shown at the Coat and Dress Show with J B Tillery as special guest. Tillery will be available from noon to 4 p m to assist with selections.
MENTIONED IN THIS ARTICLE
J.B. White
Evan Picone
Ashley Scott
JG. Hook
Pendleton
London
London Fog
J.B. Tillery
Mr. Tillery
Also Mentioned on This Page
Dorie
CME
Follion
BRUT
Democratic Party
South
Persian Gulf
Simon
Porky Bradberry
MC Au
Piere
EBNAL
Heritage Square
Aiken
Liz Claiborne
Maggy Boutique
Nilani
SK & Co
Monthru
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