Market Plunge After Fed Rate Hike and Oil Decline
New York stocks fell sharply as oil issues dropped and the Dow Jones industrial average slipped 14.25 points to 956.23 after the Federal Reserve lifted rates by one percentage point. Trading volume on the NYSE rose to 51.99 million shares as declines outpaced advances, while Texaco and Gulf Oil each slipped about one percent amid cautious sentiment following a Swedish study on Soviet oil reserves.
MENTIONED IN THIS ARTICLE
NEW York
Federal Reserve
New York Stock Exchange
Wall Street
Central Intelligence Agency
Texaco
Gulf Oil
Closing Stocks and Moral Influence on Youth
A discussion on how modern media and social contacts shape a child’s moral code. The piece argues church and Sunday School should guide youth to counter negative outside influences from television, radio, movies, school, and neighbors.
MENTIONED IN THIS ARTICLE
Bich
Quake Area Struggles With Disease Aftermath
In the quake zone authorities report viral hepatitis and typhoid cases amid cold weather and crowded tents. Four Americans killed in Rome reported delay, while 161,270 people vaccinated and looting arrests rise. Government expands police reinforcements and temporary courts as shelter plans shift.
MENTIONED IN THIS ARTICLE
Luigi Grassi
Potenza
Torre Annunziata
Naples
San Giorgio A Cremano
Avellino
Para
Toretta di Mercogliano
Iran and Iraq clash over Fao oil terminal attack
Iran and Iraq battled near the Persian Gulf port of Fao and Ahwaz with heavy shelling and air activity. Pars and Tehran Radio reported Iraqi and Iranian casualties, including 50 Iranian troops fatally hurt and 10 Iraqi dead, amid a day of intensified exchanges near Abadan and the Susangerd region.
MENTIONED IN THIS ARTICLE
Fao
Iran
Ahwaz
Khuzistan
Pars
Baghdad Radio
Man
Tehran
Persian Gulf
Abadan
Kharkhe River
Susangerd
Mass for Slain American Women in El Salvador
Four American women killed in El Salvador, three Maryknoll sisters Ita Ford and Maura Clarke among them, with two possibly raped. U S suspends about 25 million in aid pending investigation. Bodies returned to the United States. funeral mass planned in Chalatenango and funeral arrangements in U S.
MENTIONED IN THIS ARTICLE
San Salvador
el Salvador
United States
John Roach
National Conference of Catholic Bishops of the
Maryknoll
Ita Ford
Maura Clarke
New York City
Chalatenango
Maryknoll Order
U.S
Dorothy Kazel
Jean Donovan
Cleveland
Ohio
Washington
State Department
John Trattner
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