Balance of Payments Hits Nine Month Low
The United States balance of payments deteriorated in the July September quarter with the official reserve transactions deficit at 4.7 billion dollars. A 15 billion dollar private capital outflow and 2 billion unreported outflows contributed to the drop, as currency markets unsettled after the pound floated and Nixon suspended dollar gold convertibility. The liquidity balance also showed a 4.5 billion deficit, the worst since late 1971.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Department
United States
U.S
Lowden Clarence Merger Bid Tells Local Board Action
Lowden school board Wednesday night approved petitions to bring the matter of reorganizing the Lowden and Clarence districts to a vote. Similar petitions will be presented to Clarence and referred to the Joint County school system for approval. The board also approved the 1974 74 tentative budget of 200400 and authorized starting school one hour late in bad weather for roads.
MENTIONED IN THIS ARTICLE
Garette Lowpen
Lowden
Clarence
Joint County School System
Price controls praised for slowing inflation gains
Washington Based testimony before a congressional committee credits price controls with slowing inflation by as much as two percentage points. Price Commission Chairman E D Jackson Grayson cites lower CPI increases in 15 percent of items and significant drops in rent medical care and clothing. Javits urges extending wage and price controls through April 1974 and adding food products to curb rising supermarket prices.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Price Commission
E.d Jackson
Grayson
Wednetay
Congressional Joint Economic, Chromitee
Commission Nenomists
Sem Dacob Javits
R-N.y
Davits
Cal
Police used rolling road block to capture two robbers
In Greensboro two suspected bank robbers taken hostages on a highway standoff. Bobby McManus of Atlanta and Charley Crawford of Greenshorda were charged under federal bank robbery statutes with $100000 bonds after arraignment. Six hostages included bank manager Preston Davenport and four women employees.
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Greensboro
N.C
William Qstean
Bobby Charles McManus
Alanta
Charley Eugene Crawford
Greenshorda
Ralph Rampton
Charlotte
U.S
Herman Smith
Teen Daughter Awkward Age Sparks Laughs
A humorous remark from a Nana figure notes her teenage granddaughter is in an awkward phase. She can make calls but not end them, illustrating relatable modern etiquette challenges with a light tone.
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Daaghter
Nanasher
Peron Awaits Return in Rome
Argentine exiled dictator Juan Peron arrived in Rome amid a flurry of activity as he prepares to return home. He met Italian officials and discussed potential talks with Pope Paul VI while supporters gathered in the city. Officials indicated he may decline leading his party again and may seek a drafted path to presidency.
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Ard
Juan Peron
Rome
Isabel
Peron
Pope Paul VI
Argentina
UPI
Peton
Madrid
Giulia Andre
Fiestigals
Per Ja
Shim
Clampino
Ray Thing
Buenos Aires
General Labor Confederation
Italy
Benito Mussolini
Paul VI
Vatican
Holy See
Perr Lon
Justrcialiy Ta Party
Cuba opens to talks on halting hijackings with US
Cuba stated it would keep a constructive position toward a bilateral pact with the United States to stop airline hijackings. Havana's message, broadcast in Miami, cites Cubans who fled to the US as early hijackers and calls for any nation willing to exchange hijackers for refugees to engage in negotiations. The FAA and airline officials report probes into the hijacking aboard the DC-9 with three armed men. Passengers say they were not searched and a walkie talkie detector was used only selectively. An FAA fine potential exists if security procedures were ignored. Continued coverage promised.
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MIAME
UPL
United States
Miami
Caribbean
Cuba
Tailkert
A. Souttiera Airways Afflutal
Lonie Turner
Airway
Birmingham
Ala
Federal Aviation Administration
Washington
Air Gue Phols Assn
Kissinger To Travel To Paris For Vietnam Talks
President Nixon plans dispatching Henry Kissinger to Paris to push negotiations ending the Vietnam war. Kissinger could depart Washington by Wednesday or Thursday as White House aides report two long talks with Wis singer. Le Duc Tho has arrived in Paris amid reports of weather delays. Thieu adviser Hoang Due Nha outlines a three forum approach, seeking separate talks among four sides.
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Nixon
Henry Kissinger
Paris
Kissinger
Camp David
Wissinger
Washington
White House
le Duc Tho
North Vietnam
Siberia
Ronald Wiegler
U.S
Saigon
Ideat Thieu
Hoang Due Nha
Piad
Hepd
Rew
South Vietnam
North
Nha
Hanoi
Vivi Cong
Indo-China
Nguyen Thi Binh
Thieu
Ameriican
Viclead
Madame Binh
Germany Aims for U N Membership Next Year
West Germany plans to submit its U N membership application in the spring with East Germany, and the General Assembly is expected to act at its next regular session in September. Foreign Minister Walter Scheel and West Berlin observer Gehthoff discussed the timetable with Secretary General Waldheim who raised no objections. Spain reports over 29 million tourists in the first eight months of the year as its population remains about 34 million.
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Frankfurt
Germany
United Nations
Walter Scheel
Scheel
West
East Germany
U.N
General Assembly
Waller. Gehthoff
West Germany
Kurt Waldheim
Waldheim
Madrid
Spain
North Area Hit Supply Buildups Amid Pounding
US planes pressed heavy strikes on North Vietnam's panhandle in a rapid series of missions. More than 30 fighter-bomber raids and 52 B 52 sorties were flown across six days, with a large surge aimed at stockpiling material for a southern South Vietnamese advance before a cease fire. Official tallies report extensive damage to trucks, warehouses, bridges, railcars, and gun emplacements, while airlift of equipment to Saigon and Tan Son Nhut continued.
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Saigon
U.S
North Vietnam
Panhandle
Tuesaday
Ain
Vietnam
United States
Seventh Air Force
Gerald W. Smlth
Tan Son Nhutch
Dow closes above 1000 as stocks hit new highs
New York markets spark cheers at the stock exchange as the Dow Jones Industrial Average closes above 1000 for the first time, with Standard and Poor's hit a new high. Analysts debate long term implications for small investors and market durability.
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NEW York
New York Stock Exchange
Wall Street
Dow
Arab Conference urges united drive on Israelis
An Arab conference in Kuwait drew leaders and experts to formalize a unified plan against Israel. Anwar Sadat warned Egypt cannot rely on the United States or Soviet Union and called for rapid, coordinated action leveraging all Arab capabilities and resources.
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Rind
Wenation
Kuwait
Phim Cominnon
Israel
Iay United Press International
Mahmoutiad
Tell
Riad
Lwalt Millon
Aral Specialist Union
ASU
Anwar Sadat
United States
Soviet Union
Middle East
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