Banks At The Center Of Penn Central Probe
The House Banking Committee ordered an inquiry into links between the bankrupt Penn Central Railroad and 77 banks that made multimillion dollar loans. The move follows Penn Central’s bankruptcy filing and a failed bid for a $200 million federal loan, with leaders noting interlocks between banks and railroads and signaling tighter conditions for government support.
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Philadelphia
UPI
House Banking Committee
Chamvmar Wright Patman
Penn Central Railroad
Patman
D-Tex
Penn Central
Washington
New York Stock Exchange
Penn Central Securities
Senate
Mike Mansfiel
William Proxmire
D-A.is
Hai
Mansfield
Proxmire
Pan Am jet hijacked by Albanian youth and others across regions
A 1960s Pan American flight from Beirut to New York was diverted to Cairo after a 14 year old Albanian with a .22 pistol seized the plane, arresting the hijacker upon landing. Tehran reports note Iranian Airlines Boeing 227 hijack with two students and a boy seeking asylum in Iraq. Another Soviet attempt and a Leningrad report mention a 12-person group, some Jewish, aiming for Israel.
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United Press International
Pan American World Airways
Torlay
Calvo
Tranian Airlines
Sloscow
Pan American
Beirut
New York
Rome
Paris
Jay Burns
Nicosix
Cyprus
Cairo
Tehran
Tehran University
Baghdad
Iraq
Aml
Velran
Oe Wratten
Prinee Shahriar Shafigh
Shah Oftan
Leningrad
Smalny
Tix
Moscow
Israel
Omaha soldier on second honeymoon in Hawaii
Sgt. Robert Ti. Brown of Omaha, Nebraska arrives in Honolulu on R and R with his wife Evelynn. He is the 500 001st soldier to visit Hawaii on such leave. Brown, drafted 20 months ago, served in Vietnam and Cambodia as an infantryman with the 1st Cavalry Division. The couple have a one year old daughter. Brown learns he is the 400 000th soldier upon meeting at the R and R center. They receive a complimentary hotel room at the Hilton Hawaiian Village and a rental car. He comments, I guess it sucks. He will be on leave through Thursday.
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Honolulu
UPI
Robert Ti. Brown
Omaha
Neb
Hawaii
Brown
Evelynn
Vietnam
Cambodia
1St Cavalry Division
R&r Center
Hilton Hawaiian Village
Albion youth dominates eighth annual Nebraska Shorthorn Show
Kim Donaldson named premier exhibitor at the Shorthorn-Polled Shorthorn event held at Agricultural Park in Albion. He won champion steer, champion market group, and champion three registered heifers. Lee Wilkinson, Jim Aegerter, Kay Aegerter, and Linda Bermel earned top honors in various divisions as judges Cal Seger and Bob Beck led the judging.
MENTIONED IN THIS ARTICLE
Albion
Nebraska
Agricultural Park
Kim Donaldson
Nebraska Shorthorn
Jim Donaldson
Heath holds swift cabinet review amid leadership shift
In London Prime Minister Hasyard Heath met with top cabinet aides including Home Secretary Reginald Malading who will act as deputy prime minister abroad Foreign Secretary Sir Alex Douglas-Home Defense Secretary Lord Varrington and Chancellor Quintin Hoge. The new cabinet plans its first meeting Tuesday and a second meeting Thursday.
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London
UPI
Hasyard Heath
Severnment
Britain
Home
Reginald Malading
Heath
Alex Douglas- Home
Lord Varrington
Bard
Quintin Hoge
Thorsiay
Granted aid to Grand Island VA Hospital boosts funds
Rep. Dave Martin of Nebraska announced a supplemental appropriation of 10 000 dollars was granted by the Veterans Administration for the VA Hospital at Grand Island Nebraska. The move provides additional support for veteran healthcare services at the facility.
MENTIONED IN THIS ARTICLE
Wallington
UPI
Dave Martin
Veterans Administration
Grand Island
Neb
Japan US security pact renewed amid protests and praise
Tokyo reports renewed a decade old security treaty with the United States renewing annually with one year notice. Demonstrations by leftist groups Buddhists and students drew thousands. Police arrested 154 as crowds swelled but most actions remained peaceful. The government stressed defense needs and national resilience.
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Tokyo
UPI
Japan
United States
Dwight D.hischhower
U.S
Asia
Visaku Sato
Soviet Union
Penn Central Bankruptcy Shocks Wall Street Slide
New York stocks tumbled after Penn Central Transportation Co filed for bankruptcy, dragging the market lower. Early trading showed about 24 million shares changing hands, below average, with blue chips leading declines as the Dawdones index and the marketwide indicator slipped.
MENTIONED IN THIS ARTICLE
NEW York
UPI
Penn Central Transportation Co
Wall Street
Penn Central
Tonight's index highlights and page guide
Women's News leads with editorials on page one while sports split across page eight, comics on page seven, and classifieds on pages ten and eleven. The guide outlines section placements and featured stories for the edition.
Crop Spraying Plane Crashes Near Farm
A crop spraying airplane crashed near midday Sunday on the Waller Garden farm about tiles northeast of here. Sheriff officials said the pilot Lee Misterck age 35 of Elwood was treated for a toe wound and released from the Religion Community Hospital. The plane apparently struck a telephone wire, damaging a wing and causing the fall.
MENTIONED IN THIS ARTICLE
eLwnl Wly
Waller Garden Farm
Here
Gosper County
Lee Misterck
Elwood
Religion Community Hospital
Shriff
England PM campaign guarded by detective amid paint attack
London reports describe detective Granam reson Bots guarding former Prime Minister Harald Wilson during a recent election campaign. Saturday he protected his new charge as others hurled flour bombs and tomatoes, splattering the scene with red paint aimed at Prime Minister Edward Heath.
MENTIONED IN THIS ARTICLE
London
UPT
Granam Reson
Seth
Harald Wilson
Edward Heath
Mogers Holds Talks on Warplane Sales to Israel
Secretary of State William P. Rogers met with Soviet Ambassador Anatoly Dobrynin for an hour during the weekend to discuss a possible U.S. decision to sell more warplanes to Israel.
MENTIONED IN THIS ARTICLE
Washington
American planes widen Cambodia air operations beyond limit
US jet fighters and spotters strike supply lines up to 100 miles inside Cambodia, far beyond Nixon's 21.7 mile limit. Pentagon says air interdiction targetsrench supply routes as Communists shift bases, with Cambodian airmen aiding operations near Kompong Thom and Phnom Penh.
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Saigon
Nixon
Ireneh
Kompong Thom
Cambodia
U.S
Kompohg Tham
Phnom Penh
Phnom Peph
Washington
Pentagon
T Hat
Jerry W. Friedheim
Mubblic Affairs
Ger
Devighton W. Abrams
Prindheim
Abrams
Vietnam
South Vietnam
Nebraska weather outlook with scattered showers possible
The outlook calls for mild to warm conditions across Nebraska through Tuesday with only a small chance of scattered showers or storms in the Panhandle. Lows tonight range to 60s in the Panhandle and 50s elsewhere, highs Tuesday 83 to 95 in the Panhandle east and central regions, and a 49 to 70s overnight record reported. BACK IN CLASS KENT Ohio Students resume classes at Kent State University after May 4 shootings that killed four students.
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United Press International
Nebraska
Panhandle
Chad- Yon
Yalls City
Kent, Ohio
UPE
Kent State University
Ohio National Guard
Crescent City Fire After Propane Train Derailment
Crescent City Illinois faced a catastrophic propane tank car derailment near the Illinois Central junction. About 800 residents fled as 12 tank cars exploded, igniting downtown and destroying five homes. At least 70 people were injured, nine hospitalized, and damage was pegged around 2 million dollars. Firefighters from ten nearby towns battled continuing blazes through daytime and into night.
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Crescent City
Ill
UPI Telephata
UPI
Iica Loop
Voledo, Peoria & Western Railroad
Chicuga Lawn
Herbert Sterrenberg
Guman
Crescent
City
Orvel Carlson
Armen Korstick
Kankakee Journal
Karstick
Crescent Hospital
College freshmen near certain deferments amid stalemate
Washington reports college freshmen are virtually guaranteed student deferments next fall due to White House indifference and congressional apathy. The Selective Service cautions these deferments may be temporary as Congress delays Nixon's proposed end to the four year college deferment.
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Washington
White House
Congress
Nixon
Selective Service
Senate
Supreme Court
U.S
Cambodia
House
Mendel Rivers
S.C
House Armed Services Committee
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Albion Youth
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Linda Bermel
Randolph
Elgin
Seilor
Connie Svabeda
Brainard
Chamion
Dave Ahrenholdt
Market
Broggy Russo
Joby Jacob
Genoa
Cal Seger
Ulrich
S. D. Alas
Bob Beck
Fremont
Rae
Winnipeg
Columbus High School
Canada
Ken Johnson
Jim Werta
Tom Clabaugh
Dave Zila
Doug Klein
Ray Orr
Mike Applegate
Denny Vollbrach
Jim Behle
Suat
Gail Sims
Edsot Wibbels
David Swartz
Dorothy Courtier
Marcens Moomay
John Henke
Kent Phillips
Kurt Hild
Johnson
Telegram
U. S
Caneballa
Phan
Illinois
Rivers
Mle House
GOP
Gerald R. Ford
Michigan
Armed Services Committee