Oil prices hold as OPEC members fail to lift price
In Caraballeda near Caracas OPEC members fail to agree on a price increase keeping base at 12.70 per 42 gallon barrel. Saudi Arabia Iran UAE support freeze while Libya Algeria Iraq push for raises 10 to 23 percent. Venezuela urges 5 to 8 percent amid inflation fears. Jaidah cites excess production of 2 million barrels daily and market realities. The next meeting is scheduled for June 15 with possibility of a special session any time all 13 members agree.
MENTIONED IN THIS ARTICLE
OPEC
Ali Jaidah
Sheik Ahmed Zaki Yamani
Saudi Arabia
Yamani
United States
Jaidah
Alaska
North Slope
North Sea
Caraballeda
Seaudi Arabia
Iran
Hostage taker killed after Subic Bay bank standoff
At Subic Bay Philippines a gunman holding 14 Filipino hostages inside a Prudential Bank and Trust Co branch was beaten to death by the captives after threatening to burn a pregnant woman. The gunman died of a skull fracture two hours later at the base hospital. The bank area is within the base gate and serves Filipino workers.
MENTIONED IN THIS ARTICLE
Subic Bay
Philippines
U.S. Naval Base
Navy
Cmdr
Michael Sherman
Teap
U.S
Sherman
Nicomedes Villaluz
Manila
Prudential Bank and Trust Co
U.S. Navy
No action on energy till 1978
Washington AP Congress negotiators say further action on President Carter energy plans will be postponed until next year. The stalled conference committee struggles to win approval for a compromise on natural gas pricing amid a split Senate delegation.
MENTIONED IN THIS ARTICLE
Washington
Carter
Senate
Reed
Sen
Bennet Johnston
D-La
House Conference Committee
Johnston
Kearney gets life for three trash bag murders
Patrick Wayne Kearney was sentenced to life imprisonment after pleading guilty to three so called trash bag murders. He said the killings vented his frustrations and gave him power. The case details the motive and the court's decision.
MENTIONED IN THIS ARTICLE
Riverside
Calif
Patrick Wayne Kearney
Sears to close Crossroads store move to OakPark Mall
Sears, Roebuck and Co. will close its Crossroads Shopping Center department store by Jan 28 1978 and open a catalog and appliance store at OakPark Mall. The 47 full time Crossroads staff will be offered positions in the new facility or other stores. The OakPark store, opening around Jan 30 1978, will focus on appliances and catalog sales with repair service available.
MENTIONED IN THIS ARTICLE
Sears, Roebuck and Co
Crossroads
OakPark Mall
William G. Bambrick
Sears
Austin Area
Oak Park
Bambrick
Austin
Seeley
Oak Park Mall
Cairo peace talks end first phase amid hopes for Christmas summit
The preliminary Cairo peace conference ended its first phase and suspended work until a Christmas summit between Israel’s Begin and Egypt’s Sadat. Israeli and Egyptian delegates cited remaining disagreements but said areas of contention were identified. Pope Paul VI praised the talks as courageous and urged efforts for lasting Middle East peace. Saudi Arabia voiced rare public support for Sadat, calling him a brother.
MENTIONED IN THIS ARTICLE
Victor L. Simpson
Associated Press
Cairo
Egypt
Israel
Eliahu Ben-Elissar
Menahem Begin
Anwar Sadat
U.S
George Sherman
Morsi Saad el-Din
Begin
Sadat
West Bank
Sinai
Vatican
Paul VI
Middle East
Sinai Desert
Jordan River
Ismailia
Ezer Weizmann
Weizman
Jordan
Syria
Lebanon
Saudi Arabia
Fahd
Windsabrupt downed trees and damage across California
Hurricane force winds caused deaths and widespread destruction across California with power outages and crop losses. Gov Brown declared emergencies in Arvin and Humboldt County as 65,000 Humboldt homes lost electricity. Rain began moderating debris as a low-pressure system lingered off the coast.
MENTIONED IN THIS ARTICLE
Los Angeles
California
National Weather Service
Nevada
Train crash injures two BN railroad workers near Elk River
A moving Burlington Northern freight train struck a stopped BN train in Elk River Minnesota injuring two Minneapolis men, engineer Herb Nielsen and brakeman C G Nelson. Fire and debris followed as rescuers freed Nelson and firefighters contained fuel fires.
MENTIONED IN THIS ARTICLE
Elk River
Minn
Burlington Northern Railroad
Minneapolis
Herb Nielsen
Mercy Medical Center
C.G. Nelson
Nielsen
Nelson
Staples
Princeton
Burlington Northern
Dan Musch
Joe Zerwas
Jaime Jackman
Jackman
Zervas
Tax cutting plan called in ballpark
President Carter's 25 billion tax cut plan is in the ballpark of congressional leaders' aims to spur the economy. It is viewed as a good start and a basis for policy, with potential changes likely for Capitol Hill. The plan would cut rates for businesses and individuals, prioritizing larger cuts for those earning 10,000 dollars or less.
MENTIONED IN THIS ARTICLE
Washington
Carter
Capitol Hill
Edmund S. Muskie
Maine
Senate Budget Committee
Congress
al Ullman
D-Ore
House
Ways and Means
Ullman
Carter Faces Farm Protests During Christmas Vacation
Plains Georgia President Carter acknowledges crops in several states are a disaster and begins policy changes to give farmers a decent break, while warning he cannot guarantee profits. He spends his Christmas morning visiting a peanut warehouse, Main Street shops, and greeting locals with his son Chip.
MENTIONED IN THIS ARTICLE
Plains
Carter
Woodland Drive
Chip
Family Trust
Main Street
Nice Downstairs Apartment With Four Rooms
Classified rental ad notes a very nice downstairs apartment with four rooms and private screened porch. Partly furnished, available now. Ad ran briefly under apartments for rent for two days before schedule change.
Also Mentioned on This Page
Caracas
Venezuela
International Oil Cartel
Organization of Petroleum Exporting Countries
Europe
London
Everpe
River Falls
Wis
Wisconsin
New Orleans
Continental Grain Co
Suburn
Westwego
Coast Guard
Oahe
Aberdeen, S. D
Lower James
Mitchell
Aberdeen
Oakpark
Area News
Society
Yals
K - Mart
Duluth
ST. Paul, Minn
Warren Spannaus
Spanaus
Duluth Clinic, Ltd
Attorney General's
Columbus, Ohio
Larry Fynt
Hustler Magazine
Dick Gregory
Hubert Humphrey
Joan Little
North Carolina
Getures
Correctional Institution For Women
Riker's Island
New York
Miss Little
the Herald
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