Largest cocaine seizure by U S Customs on a banana boat
In Tampa a Liberian vessel from Colombia unloaded seven plastic bags containing 170 pounds of cocaine valued at 29 million dollars. Smugglers fled. officers recovered some drugs in a field. This fourteenth seizure by the ship in two years prompts DEA search and court actions.
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Dow Jones Average Tops 1000 On Busy Trading Day
The Dow Jones industrial average closes above 1000 for the first time in over a month, rising 14.57 to 1,003.19 as volume on the New York Stock Exchange hits 27.81 million shares. Advances led declines 7 to 2 amid continued Fed efforts to hold rates steady.
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