Prime lending rate falls to 9.5 percent across major banks
Banks nationwide trimmed the prime rate to 9.5 percent marking the first single digit level since 1978. The move followed softer money-market rates and weaker loan demand, signaling potential drops in consumer borrowing costs despite savings rates on CDs remaining modest.
MENTIONED IN THIS ARTICLE
New York
Morgan Guaranty Trust Co
Bank of America
Citibank
Bernard Markstein III
Chase Econometrics
Bodies found near Calaveras cabin linked to Lake case
Authorities unearth another decomposing body near a remote Calaveras County cabin tied to suspected mass murderer Leonard Lake. FBI identification tentatively names 36 year old Charles Gunnar of Morgan Hill as the remains, with the body buried under two feet of earth. Gunnar had been Lake's Marine-era acquaintance and best man at Lake’s 1981 wedding.
MENTIONED IN THIS ARTICLE
San Andreas
Cali
Calaveras County
Leonard Lake
FBI
San Francisco
Charles Gunnar
Morgan Hill
Calif
Gunnar
Lake
Claralyn
Cricket’' Balazs
Wilseyville
Reynolds Confirmation Prospects Dim as Lawmakers Criticize Conduct
Reynolds faced critical questions from Senate Republicans and Democrats over his past actions as the justice department's top civil rights lawyer. He admitted faulty memory about consulting Louisiana civil rights lawyers before denying federal aid in 1983 voting rights lawsuits, prompting the committee to reopen the confirmation hearing.
MENTIONED IN THIS ARTICLE
Washington
William Bradford Reynolds
Reagan
Department of Justice
Senate
Reynolds
Senate Judiciary Committee
Louisiana
Cigarette Sales Decline Despite Record Ad Spending
The FTC reported that U S cigarette sales fell from 636 billion in 1981 to 632 billion in 1982 and to 584.4 billion in 1983, the first drop in 13 years while advertising spending rose to 2.7 billion in 1983 from 1.9 billion in 1982 and 1.5 billion in 1981.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
Congress
Grandson’s Lotto Gift Brings $2.9 Million to Baltimore Granddad
Edmund C Mech of Baltimore won 2.9 million in Lotto after his grandson's Father’s Day ticket turned up a winner. The 64 year old plans a trust fund for grandchildren and will stay the same despite sudden wealth. Robert Windham 11 helped pick the ticket and saved allowance for gifts.
MENTIONED IN THIS ARTICLE
Robert Windham
Edmund C. Mech
Baltimore
Mech
Robert
Slayings In Osaka Apartment Attract Media Frenzy
Dozens of photographers and TV crews captured two men entering an Osaka flat Tuesday and stabbing Kazuo Nagano, 32, chief of a company under scrutiny for alleged gold bar fraud. One attacker waved a bayonet as police detained Atsuo Lida, 56, and Masakazu Yano, 30, who claimed to act on victims’ orders.
MENTIONED IN THIS ARTICLE
Los Angeles Times
Tokyo
Osaka
Masakazu Yano
Atsuo Lida
Kazuo Nagano
Lda
Yano
Nagano
NHK Radio and Television
Tamil separatists OK truce with Sri Lanka
Five major Tamil guerrilla groups and Sri Lankan government agree to a cessation of violence as a prelude to political talks under declining pressure from India. National Security Minister Lalit Athulathmudali announced the cease-fire with leading groups reportedly agreeing to abide by it.
MENTIONED IN THIS ARTICLE
Los Angeles Times
Colombo
Sri Lanka
India
Rajiv Gandhi
Ceylon
Liberation Tigers of Tamil Eelam
Tamil Eelam Liberation Organization
Lalit Athulathmudali
Tamil United Liberation Front
Mengele portrayed as unrepentant hunted fugitive
West German Bunte magazine based on documents from Josef Mengele’s son Rolf, claiming the Auschwitz doctor lived as a recluse in Europe and South America. Rolf says his father died in 1979 and that remains exhumed near Sao Paulo in 1979 are his father’s.
MENTIONED IN THIS ARTICLE
Munich
West Germany
Josef Mengele
Bunte Weekly
Mengele
Rolf
Auschwitz
Angel of Death
Europe
South America
Rolf Mengele
Sao Paulo
Brazil
S. Bunte
Wolfram Bossert
Cairns
Bunte
Americans killed by traffickers located in Mexico grave
Mexican police led to an unmarked grave where two Americans missing since January were found dead. The operation followed a confession by narcotics operative Francisco Tejeda Jaramillo, alias El Paco, linked to drug lord Rafael Caro Quintero, who faces murder accusations. The victims were John Walker of Minneapolis and Alberto Radelat of Fort Worth.
MENTIONED IN THIS ARTICLE
Mexico City
Guadalajara
Francisco Javier Tejeda Jaramillo
el Paco
Rafael Caro Quintero
Caro Quintero
Attorney General's Office
John Walker
Minneapolis
Alberto Radelat
Fort Worth
Gazette Wire Services
Also Mentioned on This Page
Cape Canaveral
Fla
Palestine Liberation Organization
Sultan Salman al-Saud
Fahd
Saudi Arabia
Morelos
Bailey
Colo
Law Firm
Jefferson County
Denver
Monte Vista
Colorado
Educational Foundation For Foreign Study
Effs
Debbie Ostman
Dick & Donna Johse
Chapala St. Santa Barbara
Eer
New Delhi
Afghanistan
Milton Obote
Amnesty International
Human Rights Organization
China
Peking
National People’s Congress
Zhao Ziyang
Uganda
London
Professional Health
Center Point Road
Cedar Rapids
Iowa
Vern Cooper
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