Prime rate overplayed as economic indicator says banker
The prime rate, though rising, is seen by bank economists as overstated in importance and not likely to impact the economy or consumers. Floating rates and frequent changes amplify perceptions, while the prime rate mainly reflects broader rate trends and open market movements.
MENTIONED IN THIS ARTICLE
Linda Rubey
New York
Leif H. Olsen
First National City Bank
Irst
National City
Pittsburgh
Mellon National Bank & Trust Co
Citibank
Olsen
Treasury
Federal
Communist Party Fails to Qualify for Maine Ballot
Maine election officials say the Communist Party submitted 1300 signatures on June 19 but only 1268 were valid, far short of the 3253 required to place Gus Hall and Jarvis Turner Tyner on the November ballot. The dispute over signature verification sparked calls to challenge state practices in court.
MENTIONED IN THIS ARTICLE
Augusta
Communist Party
Maine
Peter M. Damberg
Larry Moskovitz
Freeport
Young Workers Liberation League
Atty
James S. Erwin
Damborg
Erwin
Gus Hall
Jarvis Turner Tyner
Potential Storm Near Florida Coast Under Investigation
A hurricane hunter aircraft flew out to examine a sloppy low pressure trough off the Florida East Coast. The National Weather Service said evidence suggests the trough could develop into a low, sometimes a precursor to a tropical storm.
MENTIONED IN THIS ARTICLE
Miami
Atlantic
Florida
National Weather Service
Penguin egg incubation varies by species
Among certain penguins especially Emperor penguins a bird that can secure an egg incubates it. The remark highlights a key parental behavior observed in emperor penguins and related species.
Miss Nason Honored At Biddeford Bridal Shower
Elizabeth A. Nason daughter of Mr. and Mrs. Walter Nason Jr. was guest of honor at a Biddeford bridal shower ahead of her August 5 wedding to Norman A. Cantara. The event at Le Foyer featured numerous relatives and friends as gift presenters and attendees.
MENTIONED IN THIS ARTICLE
Elizabeth A. Nason
Walter A. Nason Jr
Guinea Road
Biddeford
Miss Nason
Norman A. Cantara
George P. Cantara
Evanthia Drive
St. Andre Church
Grace Gauthier
Melina Sylvestre
Jennie Desrochers
Walter Stackpole
Arthur Desmarais
Aurore Desmarais
Agnes Gagnon
Madelaine Boisvert
Gilberte Lambert
Rachel Rochefort
Pauline Martin
Adrienne Gagnon
Rose Dube
Madelaine Gagnon
Alice
Gladys Tripp
Bernice Nadeau
Rose Lemay
Bernice Beaulieu
Elizabeth Dube
Rachel Boisvert
Germaine Meehan
Dot Nason
Maureen Wyman
Carol Grenier
Monique Roy
Linda Pelletier
Claire Loranger
Jean Paul Loranger
Marie Louis Loranger
Jesa Dusseault
Laurette Lehoiullier
Nellie Norwood
Pauline Charland
Claire Boissonneault
Rita Nadeau
Alma Caron
Alice Audie
Alice Sayer
Brenda Foresman
Norman Loignon
Helen Dube
Doris Murphy
Susan Gagnon
Jeanne Wright
Anita Ouellette
Pauline Landry
Jeanette St. Pierre
Andre Desmarais
Chris Tsiokas
Suzanne Bouvier
Sue Delage
Becky Hanscom
Debbie Wemyss
Olive Allaire
Betty Williams
Claudia Cantara
Lorraine Provencher
Gilberte Lavoie
20 Drown In Floods In Luzon After Tropical Storm Susan
At least 20 people died as floods from tropical storm Susan swept central Luzon washing away hundreds of houses and stranding thousands in about 130 villages across six provinces. Susan moved slowly toward Batanes while Typhoon Rita battered nearby waters bringing more rain.
MENTIONED IN THIS ARTICLE
Manila
Luzon
Susan
Red Cross
Batanes
Rita
Pacific
Grenade Explodes At Tel Aviv Bus Station
A grenade detonated in a toilet at Tel Aviv central bus station injuring 11 people. The blast hit the heart of the business district minutes before noon, marking the second bus station toilet explosion in Israel in two weeks. A week earlier a device exploded prematurely in Netanya, wounding an Arab man from the West Bank area.
MENTIONED IN THIS ARTICLE
Tel Aviv
Israel
Netanya
Oower
Six Persons Convicted Of Trespassing At Plant
Six people including two union officials and four former shrimp plant workers were convicted of trespassing at the Rockland Shrimp Co. during a union certification election. They were found guilty Monday by District Court Judge Paul A. MacDonald and released on personal bail pending appeals. The defendants claim they entered to vote while ballot procedures occurred outside the plant and may appeal to the NLRB.
MENTIONED IN THIS ARTICLE
Rockland
Rockland Shrimp Co
Paul A. MacDonald
Ralph Pomeroy
South Thomaston
Richard O'Brien
Auburn
Amalgamated Meat Cutters Union
Rita
Two Brothers Drown In Aroostook River
In Ashland Maine two teenage brothers Albert Dubay 15 and Joseph Dubay 17 drowned in the Aroostook River below Sheridan Dam. Police and forest wardens searched after a passerby heard a cry. Albert's body was found first, two hours after, followed by Joseph later that evening.
MENTIONED IN THIS ARTICLE
Ashland
Maine
Aroostook River
Sheridan Dam
Albert Dubay
Joseph
Edward Dubay
Sheridan
Vernon Mitchell
Presque Isle
Albert
Floods in Japan Kill 24. 6 Missing, 39 Injured
In Hiroshima and Shimane prefectures, torrential rains trigger floods and landslides. National police report 24 dead and 6 missing with 39 injured. Earlier last week, floods in southwestern Japan left 159 dead and 41 missing.
MENTIONED IN THIS ARTICLE
Tokyo
Hiroshima
Shimane
Jan
Four Biddeford Residents Named to St Anselm's Dean's List
Dean's list honors at St Anselm's College go to four Biddeford Maine residents for the second semester. Recipients include Kevin P Robert Janice Morin Jeanne Provencher and Sister Anne Marie Brunelle, all students achieving a 3.0 GPA or higher in nursing and sociology majors.
MENTIONED IN THIS ARTICLE
Manchester
N.H
Biddeford
Maine
St. Anselm's College
Placidus H. Riley
OSB
Kevin P. Robert
Roger Robert
May St
Janice Morin
Raymond Morin
Miller Ave
Jeanne Provencher
Maurice Provencher
Hill St
Anne-Marie Brunelle
Arthur E. Brunelle
South St
Uranium Energy Density Compared To Natural Gas
A fact states that one cubic foot of uranium holds energy equivalent to 32 billion cubic feet of natural gas underscoring uranium's high energy density as a comparison.
Also Mentioned on This Page
Alfred Hitchcock
George C
Pas
Dick van Dyke
Jane Fonda
Technicolor
Oak
Seni
Saco
Tad
Abe
Portlani
U.S T
Scarboro
U. S
Old Orchard
Robert Doucette
Brother Drive
Old Orchard Beach
NLRB
Aroostook
Japan
James Agreste
Hill Street
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