Iceberg towing plans eyed to solve desert water need
A Saudi prince proposes towing Antarctic icebergs to the Arabian Peninsula to desalinate water for irrigation and urban use. Feasibility studies may begin soon, with potential kickoff in six years, as Saudi Arabia aims to industrialize and secure fresh water before oil declines.
MENTIONED IN THIS ARTICLE
Mohamed A
Faisal
Saudi Arabia
Saline Water Conservation Corps
Antarctic
Arabian Peninsula
Prince
United States
Floating rate mortgages gain ground in California and Massachusetts
Sylvia Porter notes conventional fixed rate loans challenged by voluntary use of VERMs in California and Massachusetts. Six large California S and Ls replaced fixed rates with floating ones, while Wells Fargo and Bank of America adopt the concept. In California VAMs remain optional. in Massachusetts Worcester County Institution for Savings reports favorable results as of January 1 with rates tied to market changes.
MENTIONED IN THIS ARTICLE
California
Massachusetts
Wells Fargo Bank
Bank of America
Teading
S and L
Worcester County Institution For Savings
VAMs reshape lending as Congress weighs reforms
The article explains how variable rate mortgages VRMs emerged as a hedge for lenders amid rising rates and how they could ease borrower payments with shifting interest. It notes California and Massachusetts use patterns to sell VRMs, and cites Sen Edward Brooke advocating a Young Families Housing Act to aid first time buyers with stepped down payments and tax deductions.
MENTIONED IN THIS ARTICLE
California
Massachusetts
VAM
Congress
Federal Lay
Edward Brooke
Mass
Senate Housing Subcommittee
Brooke
ABC News chief says Walters ratings not tied to salary
Barbara Walters coanchoring the ABC Evening News has boosted viewership but ABC News chief Bill Sheehan cautions that a one point ratings rise does not equal her salary. He notes ABC increased its 1977 news budget multiple times the star’s pay as part of a broader quality push. Walters began coanchoring on Oct 4. Nielsen data through mid-January shows Walters era gaining modestly with the show seen in 7.5 million homes versus CBS top-rated Evening News.
MENTIONED IN THIS ARTICLE
Los Angeles
Barbara Walters
ABC
Bill Sheehan
ABC News
Miss Walters
Hhose
CBS
Sheehan
BC News
New York
Evels
The marvel of sight and glaucoma explained simply
A lay guide on how eyes work and the threat of glaucoma. It describes the eye's parts from cornea to retina, how pressure damages the optic nerve, and types of glaucoma. Treatments include pilocarpine drops, Dismox, and glycerine to slow fluid production, with emphasis on annual eye exams and professional care.
MENTIONED IN THIS ARTICLE
Allan Kolker
Washington University
St. Louis
Hans Goldman
Switzerland
Kolker
World of
Copy Cat perfumes spark anti trust probe and collapse
A probe reveals major perfume firms pressured suppliers and newspapers to blacklist Murray Poznak who copied famous fragrances at cut rates. Poznak recorded conversations with executives and a trade group official, prompting Sen Gaylord Nelson to refer the case to the FTC. The FTC dropped the probe as Poznak went out of business while big brands keep high prices.
MENTIONED IN THIS ARTICLE
Gaylord Nelson
D-Wis
Federal Trade Commission
Poznak
Also Mentioned on This Page
Janal
White House
Sylvia Porter
Brooks A. Miller
Reer
Brentwanil Savings and Loan
Hese States
Federal Housing Administration
Thorugh
Jay Sharbutt
Comry Evening Journal
Weat South Treat
Corry
George R. Damele
Publiher
Wilum
Aon
John McLaughlin
Brearroaen Foreman
Wxc
Ica
Ublay Aversa
Jim Bishop
Diplomat Hotel
Hollywood
Florida
King Features Syndicate
Toc
Washington
Murray Poznak
Bia
Pornak
Pozak
Ine Givendan Corporration
Poznak Huntly
Givaudi
Morman
Lack Anderson
Revion
Chanel
Sherell Perfumers
Perfumers’ Trade Association, Fragrance Foundation 4
Annette Green
Foundation
Sherrell Perfumers
Green
Somme
The
Record
Poanal
FTC
Norman Grier
Grier
Howie Kurtz
Veterans Administration
Target
Veturs
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