Gold tops $200 an ounce on London market
Gold rose to an all time high above 200 dollars on major European bullion markets with fixed prices at 201.30 in London and 200.65 in Zurich as American buying and dollar weakness boost demand.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 28, 1978
Page
2
Gold rose to an all time high above 200 dollars on major European bullion markets with fixed prices at 201.30 in London and 200.65 in Zurich as American buying and dollar weakness boost demand.
Special counsel Leon Jaworski may declare the House committee investigation finished if former South Korean ambassador Kim Dong Jo cannot be questioned. His deputy Peter White says Jaworski lacks testimony from Kim or implicated House members to pursue possible payments to lawmakers. The panel weighed a $2.1 billion nuclear carrier amid White House opposition to building it this year.
The House will again take up discussion of a massive defense spending bill worth 119.4 billion dollars for the fiscal year starting October 1. The bill, approved by the House Appropriations Committee, is 9.4 billion dollars more than current funding levels.
Secretary-General Waldheim said a U.N. mission will depart within a week to implement the Western independence plan for South-West Africa. The Security Council, by 13-0, asked for a special representative to secure independence through U.N. supervised elections. Walvis Bay port dispute was declared to pass to Namibia after independence.
Washington sources report Israel offered three major concessions to Egypt at a recent foreign ministers meeting. A territorial compromise on the West Bank was among them, indicating Begin government readiness to withdraw part of the occupied territory as part of a broader settlement.
State Department spokesman John F. Cannon denied a report that U S and Vietnamese diplomats would meet next month to discuss normalizing relations. Washington has no intention to pursue formal negotiations on full diplomatic and trade ties.
Washington sources say President Carter will present the plan in broad terms with key details deferred. Health Secretary Califano is to announce the outline by Monday, signaling a holding action before a fuller proposal.
A federal grand jury indicted Kristina Berster 27 on seven counts accusing her of entering the United States with a forged passport under an assumed name. Berster is to be arraigned next Tuesday in U S District Court per deputy clerk Carol Parot.
The United States and Canada advise citizens to leave Lebanon amid threats of further Syrian attacks on Lebanese Christians. The U S Embassy says no evacuation of 1500 to 2000 Americans is planned, but those with no urgent business should depart.
The Daily Express reports three more women expect test tube babies this year including a British countess and a West German countess, due around Christmas, and a Scottish woman due in November. The pregnancies followed treatment by Patrick Steptoe and Robert Edwards at Oldham General Hospital.
Theodore Bundy, 31, told Leon County Sheriff Ken Katsaris he would not be convicted after a Leon County grand jury indicted him on two counts of first degree murder, three counts of attempted murder and two counts of burglary in the Chi Omega sorority slayings at Florida State University. He is held without bond awaiting arraignment and possible defense by Millard Farmer was denied.
Michael Landon announces fifth season of Little House on the Prairie will feature new faces and settings. The Ingalls move from Walnut Grove to Winoka amid changing economics. Eleven year old Matthew Laborteau joins as a street urchin adopted by the family.
The Cedar Rapids Gazette provides its founding year 1883 and daily publication base at 500 Third Ave SE Cedar Rapids Iowa 52406. It lists subscription rates including $1.15 weekly carrier and $5.17 for 4 weeks by mail plus $56 for 52 weeks and outlines AP exclusive republication rights.
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