Carter Burns clash over short term interest policy
Washington AP report notes friction between the Carter administration and Fed Chairman Arthur Burns over higher short term interest rates. Bert Lance criticizes banks for raising prime rates to 6 percent while Burns faces White House pressure as inflation fears grow and money supply targets tighten. Burns term as chair nears end with reappointment uncertain.
MENTIONED IN THIS ARTICLE
Washington
Carter
Arthur Burns
Federal Reserve Board
Burns
Bert Lance
Lance
White House
Richard M. Nixon
Bergland Leads Far East Trip With Three Aide Reps
Agriculture Secretary Bob Bergland will travel three weeks to the Far East with former congressional associates Rep. Alvin Baldus Rep. Matthew McHugh and Rep. Keith Sebelius. They depart Friday and return June 24, visiting Tokyo Hong Kong Indonesia Malaysia Singapore and Manila for a World Food Council meeting June 17-22. Also invited are Rep. Fant Findley Rep. Charles Rose and Rep. Charles Thone. The House Agriculture Committee members work on food stamp legislation.
MENTIONED IN THIS ARTICLE
Washington
Congressional Associates of Agriculture
Bob Bergland
Far East
Alvin Baldus
D-Wis
Matthew McHugh
D-N.y
Keith Sebelius
Brian
Bergland
House Agriculture Committee
Minnesota
Carter
Fant Findley
R-Ill
Charles Rose
Charles Thone
R-Neb
Tokyo
Hong Kong
Indonesia
Malaysia
Singapore
Manila
World Food Council
No bill against sheriff in Hastings case
A Dakota County grand jury declined to indict Sheriff Ron Boyd on civil service rule abuses after four days of testimony from 28 witnesses. Special prosecutor Theodore Collins said there was no evidence of a criminal offense. Two former Civil Service Commission members alleged favoritism in promotions and hiring.
MENTIONED IN THIS ARTICLE
Hastings
Body recovered from Lake Calhoun in Minneapolis
Scuba divers recovered the body of Grace Kennedy, 24, from Lake Calhoun on Tuesday afternoon. She was last seen Monday night with a male companion who drove her to the lake and waited in the car while she lay on a blanket. Police say foul play is not suspected.
MENTIONED IN THIS ARTICLE
Minneapolis
South Minneapolis
Lake Calhoun
Hennepin
Grace Kennedy
Sues over pacemaker defects in Feinberg case
Harold M. and Lena Feinberg of Shamokin Pennsylvania sue a Minnesota firm and three Philadelphia doctors in federal court claiming a pacemaker implanted in Mrs Feinberg in June 1975 caused pain and discomfort from July 1975 to August 1976 and that she was told on August 18 1976 the device was defective The suit cites sharp chest pains rapid heartbeats anxiety and sleeplessness as consequences.
MENTIONED IN THIS ARTICLE
Philadelphia
Pennsylvania
Minnesota
Harold M
Lena Feinberg
Shamokin
Rochester deputy shooting case heads to June pre trial
James Lee, 22, of rural Pine Island, charged with first and second degree murder in the shooting death of Olmsted Deputy Sheriff Jack Werner. A bail of 100000 was upheld by Judge O Russell Olson. A second pre trial is set for June 23 after the May 17 incident in a shopping center lot. Lee was captured near his ex wife’s farm near Pine Island in Goodhue County.
MENTIONED IN THIS ARTICLE
Rochester
Minn
James Lee
Olmsted
Jack Werner
Lee
Pine Island
O. Russell Olson
Wermer
Werner
Goodhue County
Former Miss USA Barbara Peterson plans return to college
MINNEAPOLIS AP Former Miss USA Barbara Peterson says she will resume student life at St Olaf College Northfield while doing promotional work for Ford dealerships in the Upper Midwest She will appear in television commercials for auto dealers in Minnesota Wisconsin and the Dakotas The Edina native led the 1976 Miss USA pageant and says she carries its standards with her.
MENTIONED IN THIS ARTICLE
Minneapolis
Barbara Peterson
St. Olaf College
Northfield
Upper Midwest
Miss Peterson
Edina
Minnesota
Wisconsin
The
Dakotas
Man Holds Woman Hostage In South Minneapolis
Police say 27 year old Mike Muelken held Peggy Skapyak at gunpoint in his south Minneapolis apartment for five hours before his family and officers persuaded him to surrender. No charges filed immediately. hostage was released unharmed and both sides cooperated in the psychiatric evaluation at North Memorial Hospital.
MENTIONED IN THIS ARTICLE
Minneapolis
South Minneapolis
Mike Muelken
William Noble
Muelken
North Memorial Hospital
Robbinsdale
Peggy Skapyak
Noble
Carter says new warhead not a bargaining chip yet
The Carter administration cautions that deploying the Mark 12A warhead and a new guidance system should not be a bargaining chip in arms talks with the Soviet Union. Powell suggested possible changes if the Soviets negotiate seriously, while stressing the plan retains its necessity for parity and modernization.
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Washington
U.S
Carter
Jody Powell
Powell
United States
Soviet Union
Grocery bill climbs in May across most cities
An Associated Press market basket survey shows May grocery bills rose in 12 of 13 cities, averaging 3.5 percent, led by pork chops coffee and frankfurters. Salt Lake City dropped 19 percent while eggs and poultry fell 5 to 6 percent year over year.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Salt Lake City
Agriculture Department
Albuquerque
N.M
Avanta
Boston
Chicago
Dallas
Detroit
Los Angeles
Miami
New York
Philadelphia
Providence
Seatue
Peltier Given Two Life Terms For 1975 FBI Slayings
Leonard Peltier AIM member, aged 32, received two consecutive life sentences for the federal murders of agents Jack Co Jer and Ronald Williams on Pine Ridge Reservation in June 1975. Judge Paul Benson handed down the verdict after the April 18 conviction, with defense planning an appeal.
MENTIONED IN THIS ARTICLE
Fargo
N.D
American Indian Movement
AIM
Leonard Peltier
FBI
South Dakota
Pine Ridge
U.S. District Court
Paul Benson
Eliot Taikeff
New York
Pellier
Jack Co Jer
Ronald Williams
Pine Ridge Reservation
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