SBA Lax in Small Firm Loans Under SBIC Program
Senate investigation finds the SBA lax in operating the SBIC program from 1959 to May 1966. Conflicts of interest and self-dealing were prevalent with 54 million potential losses of 284 million loaned to private investment firms. The report cites cash payments for personal benefit and 232 of 699 SBICs in trouble as of April 1966.
MENTIONED IN THIS ARTICLE
Washington
Senate
Small Business Administration
Small Business Investment Corporation
SBIC
SBA
Bernard Boutin
Bou
Customers Pull Guns in Grill and Grab $1000
Bandits posing as patrons robbed Jerry's Bar & Grill at 2 15 pm taking over $1000 after forcing owner’s son Frederick Suchy and customer Robert Mikulka to lie on the floor. The rogues used snub nose guns and demanded cash before fleeing. Detectives Coleman McDonough and Andrew Alexay investigated.
MENTIONED IN THIS ARTICLE
Pete Mastronardi
Jerry's Bar & Grill
Maple Street
Frederick Suchy
Sunnyridge Parkway
Trumbull
Robert Mikulka
Seltsam Road
Suchy
Mr. Suchy
Coleman McDonough
Andrew Alexay
Bridgeport Weather Forecast And Almanac Details
Cloudy conditions continue with milder highs around 40 and a 20 percent rain chance today. Tonight and Friday bring drizzle or rain likely with a low near the 30s and a 50 percent precipitation probability. Winds shift east to southeast at 10 to 15 mph. The almanac notes February 32nd as the second day of winter with sunrise at 7 04 am and sunset at 5 08 pm.
MENTIONED IN THIS ARTICLE
Bridgeport
Fairfield Grand List Rise Falls to 1959 Low
Fairfield reports a preliminary net grand list increase of 9.1 million dollars the smallest rise since 1959. Town assessor Herbert K. Shay cites four factors including reduced home construction and open space removals as reasons, with exemptions for about 108 elderly residents and a Lake Mohegan purchase boosting tax exempt property to nearly 48 million dollars.
MENTIONED IN THIS ARTICLE
Fairfield
Herbert K. Shay
Board of Tax Review
Shay
Lake Mohegan
Grand List
North Korea Hints U S Apology Could Free Pueblo Crew
North Korea signaled possible release of the Pueblo crew if the United States apologizes and negotiates. Kim Kwang Hyup warned against military threats and UN talks, noting a prior case in 1964 where two crewmen were freed after an apology. Argentina and Brazil urged Soviet mediation, which Moscow has resisted.
MENTIONED IN THIS ARTICLE
North Korea
U.S
Pueblo
Pyongyang
Kim Kwang Hyup
Central Committee
North Korean Workers (Communist) Party
Communist Party
United Nations
Kim
Korean Military Armistice Commission
Panmunjom
United States
South Korea
Argentina
Brazil
Soviet Union
Tokyo
Leftists Blamed In Slaying At Anti Nazi Rally
Munich police reported a man collapsed at a meeting hall entrance during an anti Nazi rally. The NDP Bavarian branch identified Carl Hofmann age 63 as the victim, alleging he was severely beaten by an assailant.
MENTIONED IN THIS ARTICLE
Munich
Germany
National Democratic Party
NDP
Carl Hofmann
Asia Africa Bloc Proposes North Korea Meeting Over Pueblo Crisis
Five African and Asian Security Council members informally urged a meeting with North Korea to seek release of the USS Pueblo crew and ship. Ambassador Agha Shahi of Pakistan framed the move as an unconditional invitation to North Korea, balancing U S and Soviet positions on participation without conditions.
MENTIONED IN THIS ARTICLE
United Nations, N.Y
U.N. Security Council
Agha Shahi
Pakistan
Council
North Korea
U.S
United States
Judge Divides 145 Narcotics Suspects Into Two Groups
In a crowded courtroom Judge Rodney S. Eielson split 145 narcotics defendants into two groups. He offered consideration only to those with clean records who admit guilt and plead guilty, rejecting no contest. The cases, arising from arrests since last fall, were prepared by the Second Circuit Court Prosecutor and probation officials to determine treatment paths.
MENTIONED IN THIS ARTICLE
Circuit Court
Rodney S.eielson
Eielson
Second Circuit
John, P. Evans
Connecticut Adult Probation Department
Penn Central Merger Goes Into Effect Nationwide
The Penn Central merger creates the world’s largest privately owned railroad with assets of 4.3 billion dollars and 40 629 miles of track. Stuart T. Saunders remains chairman and chief executive while Alfred E. Perlman becomes president and chief operating officer. The merger combines PRR and New York Central operations and aims for annual savings of about 80 million by 1971.
MENTIONED IN THIS ARTICLE
Philadelphia
Penn Central
New Pennsylvania New York Central Transportation Co
Penn ‘Central
East
Midwest
New Railroad
30Th Street
New York
Pittsburgh
Cleveland
Washington
Baltimore
Chicago
St. Louis
Albany
Buffalo
Syracuse
N.Y
Pennsylvania Corporation
PRR
Central
Saunders
Stuart T. Saunders
Pennsy
Alfred E. Perlman
New York Central
Pennsylvania New York Central Transportation Co
United States
New York City
Nixon Expected to Declare Candidacy for President
New York AP reports Richard Nixon will announce today his bid for the Republican nomination and begin a campaign swing through New Hampshire Wisconsin and Oklahoma. The trip tests his GOP support with primary dates in New Hampshire March 12 Wisconsin April 2 and Oklahoma Feb 24. Nixon plans a news conference in Manchester NH and events in Concord and Wisconsin and Oklahoma before the convention season.
MENTIONED IN THIS ARTICLE
New York
Richard M Nixon
New Hampshire
Wisconsin
Oklahoma
John F. Kennedy
Miami Beach
Nixon
Manchester
N.H
Concord
David Sterling
George Romney
Michigan
Ronald Reagan
California
Nelson A. Rockefeller
NéWeco Ueniece
York
New
Fifth Avenue
Patrick J. Buchanan
St. Louis
Green Bay
Raymond Day
Apple
K. Price Jr
Tan
Stevens
New York Herald Tribune
Point
a_Lincoln
St. Mary’s School
Oklahoma City
Henry Bellman
Washington
Bellman
Oklahoma Senate
A. S
Mike) Monroney
John G. Tawer
R-Tex
Cochairman
Robert C. Ellesworth
Kansas
The
Nixon For Dracidant Committee
Romney
Rocky
Gallup
Richard Nixon
Rockefeller
Stratford to Get Teen Center at No Cost to Town
Catering to Youth Inc plans a 735 137 Barnum Avenue Cutoff building renovation into a teen center with a 28 by 40 foot dance floor and 650 capacity. The project, funded privately, includes a bandstand two levels of seating and a lounge observation booth for parents. Preliminary work by $7 500 has started and opening date to be announced. The owner is J Jack Frouge of Trumbull Shopping Park.
MENTIONED IN THIS ARTICLE
Stratford
Youth, Inc
Edward J. Carroll
Barnum Avenue
Richard A. Olson
White Oak Shade
Viet Cong Forms Its Own Council To Run Saigon
Viet Cong soldiers and agents circulated openly in Saigon as the National Liberation Front announced a revolutionary council to govern the city. In two areas residents were approached claiming liberation from the Front while Hanoi radio boasted of control over key zones. Government forces with U S support sought to clear pockets of armed Communists around Saigon.
MENTIONED IN THIS ARTICLE
Saigon
U.S
101St Airborne Division
Viet Cong
Communist National Liberation Front
An Quang
Chi Lam
National Liberation Front
Hanoi
Liberation Press Agency
Vietnam War Toll Rises in Saigon and Hue Fighting
United States and South Vietnamese officials report nearly 5 000 Communist dead in a week of battles across Saigon and central highlands. U S casualties total 232 killed and 929 wounded while South Vietnamese losses reach 300 killed and 47 wounded. Hue falls to rebels as martial law is proclaimed and Saigon braces amid heavy clashes and checkpoints.
MENTIONED IN THIS ARTICLE
Peter Arnett
Saigon
South Vietnam
U.S
Guayvee Command
Hue
Kontum
Nha Trang
Qui Nhon
Nguyen van Thien
Mekong
Cholon
Gia Dinh
Tan Son Nhut
French National
LBJ weighs response to Cong terror in Vietnam crisis
President Johnson met with Senate and House Republican leaders and reviewed intelligence on the Saigon embassy attacks. He told leaders a nonpartisan approach to possible special measures may be needed, though no specific actions were discussed. The meetings included Rusk, McNamara, and Wheeler as Cabinet and security officials reviewed the Asian crisis and North Korea Pueblo seizure.
MENTIONED IN THIS ARTICLE
Washington
Johnson
South Vietnam
White House
Senate
House
Saigon
House Armed Services and Appropriations
George Christian
North Korea
Pueblo
Dean Rusk
Robert S. McNamara
Earle G. Wheeler
Joint Chiefs of Staff
Rusk
McNamara
Christian
Askempha
Priests and Professor Assist Hanoi Pilot Release
A Jesuit priest Rev. Daniel Berrigan and Boston University Prof. Howard Zinn flew to Hanoi to aid in the release of three captive American pilots. They expected the prisoners to be freed Friday during Tet celebrations, with pilots identified as Air Force Capt. Jon David Black Maj. Norris Millett Overly and Navy Ens. David Paul.
MENTIONED IN THIS ARTICLE
New York
Boston University
Hanoi
Daniel Bertigan
Howard Zinn
Kennedy Airport
Zinn
Air Force
Jon David Black
Johnson City
Tenn
Norris Millec
Overly
Detroit
Navy
Ens
David Paul
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U.S. Werther
Buveau
Seoul
Asia-Africa Bloc
Pennsy Rail
Telegram
Dear Abby
Brandstadt
M.D
Financial News
Jacoby
Betwee Polly’s
Sylvia Porter
Women's News
John R. Morganthaler
Associated Press
1St Corps
Mekong Delta
Chu Lai
Tam Ky City
Quang Tin Province
Quang Ngai City
Jof
Quang Ngai Province
Quang Tri Province
Demilitarized Zone
Quang Tri City
Phu Bai
Thua Thien
U.S. 7Th Marine Regiment
Quang Nam Province
Hoi An
U.S. Marine Air
Marble Mountain
LBJ
Priest
Prof
Contin