Dollar Sends to New Lows as Panicky Trading Hits Markets
Currency markets in London and European centers tumbled as the dollar weakened against gold and major currencies. Dealers cited Nixon’s pay freeze and economic uncertainty, with Frankfurt and Amsterdam reporting steep daily declines and gold surging to about $120 per ounce amid widespread selling.
MENTIONED IN THIS ARTICLE
London
Frankfurt
Amsterdam
U.S
Europe
Paris
Nixon
John Mitchell
West Germany Applies For United Nations Membership
United Nations applications were submitted by West Germany on Friday through Walter Gehrhoff the permanent observer to the U.N. and sent to Secretary General Kurt Waldheim. East Germany had applied for U.N. membership the prior Tuesday.
MENTIONED IN THIS ARTICLE
United Nations
UPI
West Germany
Walter Gehrhoff
Federal Republic of Germany
U.N
Kurt Waldheim
East Germany
Briscoe Signs Bills to Law
Governor Dolph Briscoe signed 94 bills, including a measure to fund the Texas Education Agency with 700000 dollars for next year to train teachers and develop materials for English Learners. The package also raised pension benefits for retirees, tightened delinquent tax collection, banned black boxes for toll calls, curbed unfair insurance practices, expanded the Texas Animal Health Commission, barred fingerprinting of certain unlicensed drivers, and allowed sale of bread in smaller prepackaged quantities.
MENTIONED IN THIS ARTICLE
Ing
Texas Animal Health Commission
A and M To Apply For Medical Education Program
Alpine Texas UPI Texas A and M plans to apply for a new VA sponsored medical education program. The seven year pilot would use the VA medical system to train medical manpower and ease personnel shortages.
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Alpine
Tex
UPI
Texas College Coordinating
Texas A&m
Veterans Administration
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Alamo Carpet & Furniture
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Monroe
Alamo
Briscoe
Amarillo Daily News
Dad
Pier 1
Taman
Hinks
Taiwan
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N.M
A &M
Western Plaza
Colbert
Harry Holland
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Amarillo
POLK
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