Fed Raises Discount Rate For Second Time In Five Weeks
The Federal Reserve boosted the discount rate from 5.0 to 5.5 percent to curb inflation and strengthen the dollar amid slow tax action by Congress. The move signals likely higher prime rates and tighter credit, hitting home building and long-term loans, with banks facing costlier deposits for large CD notes.
MENTIONED IN THIS ARTICLE
Fed
Washington
UPI
Federal Reserve Board
Congress
Johnson
Senate
House
Arthur Okun
President’s Council of Economic Advisers
National Press Club
Commerce Department
Federal Reserve
Federal Deposit Insurance Corporation
FBI Seeks Galt in California in King Killing Probe
FBI efforts to capture 36 year old Galt extend across Birmingham Memphis Atlanta and Los Angeles as investigators pore over a tip linking him to Dr Martin Luther King Jr s slaying A warranted conspiracy case and a murder warrant were pursued while authorities questioned landlords and traced Galt s movements and gun purchases through Birmingham to Memphis and beyond
MENTIONED IN THIS ARTICLE
Birmingham
Ala
UPI
FBI
Eric Starvo Galt
Martin Luther King Jr
Galt
California
Memphis
Tenn
King
Washington
Dr. King
Remington
Atlanta
Los Angeles
Alabama
International School of Bartending
Thomas Reyes Lau
Lau
Ici Rugby Club Spends Holiday Drinking After Four Rugby Matches
Thirty six Ici Rugby Club players vacationed in Bournemouth England over the four day break. They drank 2,500 pints of beer and 700 bottles of stout at the hotel. They played four rugby games winning three. Captain Derek Speed said the pub ran dry after their last loss.
MENTIONED IN THIS ARTICLE
Widnes
England
UPI
Ici
Bournemouth
Derek Speed
U.S. Seeks Fishing Pact With Peru Ecuador and Chile
UPI analyst notes repeated seizures of American fishing boats by Peru, Ecuador, and Chile under the 1952 Santiago Declaration claiming 200 mile waters. Since 1961, 67 seizures and nearly $500,000 in fines have unsettled Congress and fishermen. Talks in Santiago aim for a compromise behind a fish conservation pretense, mirroring treaties with Russia and Japan.
MENTIONED IN THIS ARTICLE
United States Congress
Peru
Ecuador
Chile
Santiago
Congress
United States
U.S
Ecuadorian
Phone Strike Fails To Disrupt Service
Washington reports the cross country telephone strike by the Communications Workers of America disrupted few services. About 200000 Bell Telephone and Western Electric workers were called out in nine states and DC over wage reopeners while union members in sympathy appeared in about 40 states. Operators not affected yet but automated systems may fail as strike impact grows.
MENTIONED IN THIS ARTICLE
Washington
UPS
Bell Telephone System
Western Electric Co
Communications Workers of America Afl-Cio
District of Columbia
Western Electric
CWA
Joseph A. Beirne
LBJ Relaxes At Ranch With Homework
President Johnson relaxes at the LBJ ranch during Easter vacation as Hanoi peace talks are narrowed to 10 sites. He plans a return to Washington, cancels a civil rights speech, and stresses no new urban aid package amid urban tensions. He reassures allies and leaves no Asian summit planned before North Vietnam skirmishes.
MENTIONED IN THIS ARTICLE
Austin
Tex
UPI
Johnson
Hanoi
LBJ
Hill
Honolulu
Washington
Congress
Martin Luther King Jr
Park Chung Hee
U.S
South Korea
Vietnam
Dwight D. Eisenhower
California
North Vietnam
Anniversary of Warsaw ghetto uprising noted abroad
United States officials and about 30 others placed wreaths at the ghetto fighters memorial as Poland faced a purge of Jews from official roles amid political upheaval. The Polish government marked the anniversary with a meeting during which anti Israel rhetoric and defense of communist leaders were voiced.
MENTIONED IN THIS ARTICLE
Warsaw
UPI
Warsaw Ghetto
U.S
Israel
Poland
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Bradford
Mon. Plaza Shopping Center
Vermont
National Bank
Main Street
Bennington, Vermont
Candle Mill
Arlington
Mee
Bennington
Ote Ey Rahm
South St. Dial
Phil Newsom
Bennington Banner
Main St
The
Banner Publishing Corporation
United Press International
Ranch
Beirne
Pap
Kasimiers Rusinek
Auschwitz
Meae Otheeclaler
Briggs and Stratton Engine
Greenberg
Dial
Opuc
Phila
Triple
Grand Union
Chrysler
Save
Red Sox
Chrysler-Plymouth
Cidar
Newport
Paulin's Garage, Inc
Shaftsbury
Chrysler Motors Corporation
Inveprise
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