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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 01, 1969
Page
3
The Truth in Lending Act now requires lenders to disclose the total cost of credit to consumers. It applies to banks, stores, credit issuers, auto dealers, mortgage brokers, and similar lenders, with exemptions for large business and commercial credit. Advertisements must reveal total costs and payment duration.
Lt. Edward Murphy executive officer of the intelligence ship Pueblo was discharged by the navy after he announced his resignation following a court of inquiry into the North Korean seizure. The secretary of the navy ruled no disciplinary action would be taken. Murphy, from San Diego, was discharged at the fleet anti-submarine warfare school personnel office as Rear Adm. Grimm retired nearby.
Honolulu report details Lt. Chester Wawrzynski coast guard pilot bailing out of a home built plane that exploded after failing to lift off. He had logged 2000 hours building it and suffered only cuts and bruises after the crucial test flight. Billy DeWelfe guesting on THAT GIRL at 11:30 AM on TV 3 in color.
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