Dollar stabilizes as international gold pool steadies markets
New York reports describe a stabilizing effect from the international gold pool on currency values and US dollar confidence. The note highlights ongoing drain and replenishment flows, with the stabilization fund showing gains and firmer exchange expectations amid global pressures. The piece cites Soviet gold sales and grain payments as factors in the broader balance of payments and quotes analysts on the pool's effectiveness in reducing speculative pressure.
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Aspen Award Goes to Briton
British composer Benjamin Britten will receive the first Aspen Award presented by The Aspen Institute of Humanistic Studies. A ceremony in Aspen is planned in July. The award honors major humanitarian contributions.
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COMSAT Stock Offers High Stakes in 1960s Market
Sterling F. Green reports that COMSAT plans to offer 10 million shares at 20 dollars each with a 200 million enterprise value. Major underwriters include AT&T and Telegraph firms. first public trading expected Tuesday as investors chase early revenue from satellite communications. The venture foresees years of limited operating income during early deployment and features a government-regulated private structure in a space communications boom.
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Moon Ruby Spots Draw Global Preschool Astro Scrutiny
Arizona astronomers at Lowell Observatory report ruby spots on the Moon seen in late Oct and Nov. Dr. John S. Hall says world observatories will monitor the near side first, with infrared cameras to assess heat. If hotspots exist, night missions could be considered as temperatures drop well below freezing.
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Denver Attorney Seeks CU Regent Nomination
Denver attorney Dwight D. iMurphey, aged 30, announced his candidacy for the University of Colorado Board of Regents as a Republican at the GOP State Assembly in Puebla on Saturday.
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Judy Garland Leaves Hospital After Rest Break
Judy Garland walked out of the hospital weakened but resting after a brief stay. Officials cited exhaustion as the likely cause of her illness following an Australian concert tour, with no signs of a more serious condition.
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