Nixon Pressures Meat Packers and Banks
The Nixon administration urges moderation in lending and meat pricing to aid homebuyers and housewives. Continental Illinois Bank & Trust Co Chicago cuts back a prime rate rise to 6 percent, while Franklin National Bank NY follows 6.4 percent. A government panel supports a dual rate for big firms and small businesses. Meat packers must pass through any cost cuts to consumers, extending rules to all large and small packers. Economist Herbert Stein says food price growth will ease to about 2.5 percent or less by December.
MENTIONED IN THIS ARTICLE
Washington
Continental Illinois Bank & Trust Co
Chicago
Continental
Franklin National Bank of New York
Pinks Lin
Arthur F. Burns
Burns
Cost of Livings Council
Council
John T. Dunlop
Herbert Stein
President’s Council of Economic Advisers
Stein
Ski Area Conditions Report Summary
Ski area summaries show mixed conditions across New England with powder and packed powder surfaces. Pleasant Mountain and Saddleback report spring conditions on weekends. Squaw Mountain and Sugarloaf show mixed base depths with good to spring conditions. Sugarloaf indicates packed powder with 2 to 2 inches near base. Sunday River notes 4 to 2 inches and good to spring conditions. Cannon Mountain and Waterville Valley report packed powder with limited to fair conditions. Wildcat lists spring conditions with shallow bases.
MENTIONED IN THIS ARTICLE
Maine Pleasant
Squaw Mt
New Hampshire
Cannon Mt
Waterville Valley
Massachusetts May Legalize Acupuncture
Boston AP report covers a legislative push to legalize acupuncture in Massachusetts. Nobel laureate George Wald and Public Health Commissioner William Bicknell urge favorable committee action, citing medical basis and pain relief. Rep. Sirianni testifies from war injuries. Dr Ellis notes six months of hospital use. debate centers on licensing and consumer protection.
MENTIONED IN THIS ARTICLE
Boston
Massachusetts
Public Health Commission
William J. Bicknell
Social Welfare Committee
George Wald
Harvard
China
Ralph E. Sirianni Jr
Wald
Germany
Sirianni
Acowes
William A. Connell
Connell
Weymouth
Wladislaw Ellis
Boston State Hospital
Ellis
Mao
Chiang Kaishek
Booth Papers Buy Parade Magazine in Stock Deal
Booth Newspapers announced the completion of its purchase of Parade Magazine for 902,128 shares of Booth common stock. The stock traded between 22 and 22 75 per share. Parade, formerly owned by Whitney Communications, distributes as a Sunday supplement in 101 papers with about 18 million circulation. Booth expanded its board from nine to twelve directors with Whitney members joining.
MENTIONED IN THIS ARTICLE
Ann Arbor, Mich
Booth Newspapers
Parade Magazine
Booth
Parade
Whitney Communications Corp
The
Stock Exchange
Whitney
First Aiders Mean Grief in Ed School District Quiz
In Edmonds Washington fourth graders produced a staff news quiz with dangerous first aid advice. Fainting urged chest rubs, fractures suggested wiggling the limb, suffocation implied lethal resuscitation, and a crude method for shock involved bleeding and blanket restraint.
MENTIONED IN THIS ARTICLE
Edmonds
Wash
Oglala Sioux Chief Makes U.N. Visit
At the United Nations Chief Frank Foolscrow led a delegation of Oglala Sioux seeking world recognition of their sovereign status. He questioned the body's power to expel federal troops, citing treaties broken by the United States and urging action in the Security Council and General Assembly.
MENTIONED IN THIS ARTICLE
United Nations
N.Y
Wounded Knee
World Organization
Frank Foolscrow
U.S. Cavalry
South Dakota
Foolscrow
U.N
United States
Meredith Quinn
Washington
Vernon Bellecourt
American Indian Movement
Security Council
General Assembly
Expatriate Americans face rent squeeze after dollar devaluation
The Associated Press reports American retirees in West Germany, Italy, Britain, and elsewhere felt the 10 percent dollar devaluation plus mark shifts. Rent, utilities, and living costs rose as many draw military pensions, Social Security, and rely on base privileges while some work part time to offset losses. Aging veterans in Frankfurt face high rents and limited earnings due to regulations. Italy, Britain, and Mexico show varied impact with inflation and exchange changes shaping living standards.
MENTIONED IN THIS ARTICLE
Associated Press
Frankfurt
Germany
West Germany
Italy
Britain
Mexico
Air Force
Air Force Base
U.S
London
College Scholarship Offered by New England Newspaper Executives
The Nelson A. Demers Scholarship awards 500 to a college junior or senior or graduate student pursuing a newspaper advertising career. Applicants may be publishers general managers or advertising directors of any New England daily newspaper. Preference goes to a child of a full time newspaper employee, then to those who have worked in advertising. Nominations due by April 15 with the award decision by May 15.
MENTIONED IN THIS ARTICLE
England
Association
Nelson A. Demers
New England Middletown
Conn
Newspaper Advertising Association
Executives Association
New England
Lars E. Gustafson
New London
Robert C. Hunt
The
Express
Newport
Henry M., Healy
Transcript
Telegram
Holyoke
Mass
Paul Cassavant
Journal
Biddeford
Maine
J. Leo Deveau
Newport Daily News
R.I
David P. Bliven
Union Leader
Manchester
N.H
Edwin F. Whitney
Evening News
Waltham
Demers
Coming Events in Kennebunks Weekly Schedule Notes
Monday SPEBSQSA rehearsal 7 30 p m Kennebunkport community center Temple Street visitors welcome TOPS Chapter 69 meets Kennebunk Baptist church weigh in 6 30 meeting 7 Kennebunk Legion auxiliary meets 8 at Legion home Water Street Tuesday Yankee Belle Chorus rehearsal 7 45 at Kennebunkport center Environmental Education at Sue Braun Elm Street Kennebunkport Robert Ludwig CMP energy talk Chess Myrtle Lodge Knights of Pythias hall 7 9 Wednesday Senior Community Club Arundel Mildred Day School 3 30 Games dessert party Church on the Cape Cape Porpoise 1 reservations 967 3506 Pythian Sisters meet K of P hall Thursday Rotary Club 12 15 Glen Mor Fifty Plus club Kennebunk Webhannet clubhouse Fletcher Street games program Odd Fellows 7 45 Odd Fellows hall Main Street Duplicate Bridge 7 30 Webhannet clubhouse Fletcher Street all welcome
MENTIONED IN THIS ARTICLE
Spebsqsa
Kennebunkport
Temple — Street
Tops Chapter 69
Kennebunk Baptist Church
Kennebunk Legion Auxiliary
Legion Home
Water Stree
Yankee Belle Chorus
Temple Street
Sue Braun
Elm Street
Robert Ludwig
CMP
Myrtle Lodge
Knights of Pythias Hall
Arundel
Mildred Day School
Church On the Cape
Cape Porpoise
Pythian Sisters
K of P Hall
Hursday— Rotary Club
Glen-Mor
Kennebunk
Webhannet
Fletcher Street
Odd Fellows
Odd Fellows Hall
Main Street
Webnannet
Also Mentioned on This Page
Nixon
Committee On
Booth Papers Buy Parade Magazine
Dick Gurless
Perry Sisters
Sutton
Backhoe Service
Bouffard & Sons
Saco
Oteliddle
Hing
Televisions
Beaupre
General Electric
Beaupre’s Appliance
Alfred Street
Europe
Rome
Kennebunks
Clambake
Pine Point
F.C.B
International Harvester
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