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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 11, 1971
Page
1
The float of the German mark signals higher VW prices in the United States and increased American grain exports while potentially easing steelworker job fears. It shifts from fixed 28.7 US cents to a market-determined rate, with early trading around 28.23 cents.
The dollar steadied in London and Paris and rose slightly in Milan on Monday as European authorities acted to manage currency flows. West Germany let the mark find its own level, aiming to curb dollar inflows, with the central bank tightening interest payments on foreign deposits. Switzerland and Austria revalued their currencies, triggering declines in stock and exports. The day showed cautious trading amid rapid policy shifts across Europe.
Human Aid Weekend runs June 4 to 6 with family centered activities at Athletic Park and the Human Aid Center at Ninth Street and Central Avenue. CODA sponsors the event to discuss drug abuse prevention and marital counseling, featuring Reggie Duncan and a speaker bureau.
Spokesmen for the Anderson Clean Air Council expect a fulltime director to be named within weeks for a 12000 dollar a year post. Acting director Richard Wilkans indicates the role will focus on public relations with engineering background increasingly needed as the ACAC aligns with EPA guidelines and links with county efforts.
The Herald Today announces pages and sections including arrivals, obituaries, editorials on Page 4, Accent on Women on Page 12, markets and finance on Page 1, and classified ads moving through Pages 15 and 151. The brief guide highlights editorial and community coverage across the issue.
A fast moving blaze gutted the Hills Hotel near Kensington Gardens early Tuesday. Fire crews said at least seven people died and nine were injured as guests and staff trapped on upper floors were rescued with ladders and ambulances. Police evacuated adjacent hotels.
Weather notice reports showers ending today with continued cloud cover tonight and tomorrow. Forecast text indicates an 80 percent chance of precipitation today dropping to around 60 percent, with highs near the mid 60s and a sunrise around 7 49 AM.
A four part Madison County police pension plan moved toward reality after a Monday night special meeting. McCready Pension Engineers presented retirement dependent disability and life insurance components for officers with 20 years service at age 65. The plan provides 2 percent annual retirement benefits over the highest five year period, with 15 to 20 year vesting and a $15 000 life policy plus 90 000 accidental death coverage, plus a beneficiary payout with interest after retirement.
GE and Rust Craft Cable Communications debated a second Anderson franchise at a Monday night public hearing. GE outlined progress and plans for December operation, while Rust Craft pledged six months to first service if approved. Both firms foresee FCC rule changes easing distant signal imports and await Board of Works decision.
Fragmentary ad copy suggests a campaign test with improved response. Broken phrases reference “second run” of an advertisement and a repeated success, hinting at audience interest and a measurable effect within a daylong window from 8 AM to 5 PM.
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