12 Jun 1986
Page 1
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Newspaper
Harrisonburg Daily News Record
Location
Harrisonburg, Virginia, United States of America
Date
Jun 12, 1986
Page
1
The extended forecast for Virginia calls for thunderstorms Friday and Saturday and fair Sunday. Highs will range in the 80s to around 90, with lows in the 60s and some 50s in the mountains.
The article notes Mars will continue its apparent westward movement among the stars until August 12. It will be due south at 3:33 a.m. on that date, with other sky observations including planetary timings and sunset and moon phases for the day.
Libyan leader Muammar Gadhafi, in a state broadcast on the 16th anniversary of the Wheelus expulsion, urged citizens to pay 200 Libyan dinars each to fund a million rifles for a prolonged fight against the United States. He warned of bombing London and New York and spoke amid questions about his health and whereabouts after the U.S. air raids.
Carteret Savings Bank of Morristown, N J agreed to take over Mountain Security of Wytheville and First Federal of Montgomery County with offices in Blacksburg and Christiansburg. Both firms posted negative net worth last year as foreclosures and high fixed-rate mortgages pressured portfolios.
Fed Chairman Paul Volcker, back from talks with Mexican leaders, said Mexico would likely secure new creditor agreements despite internal adjustments needed for an orderly loan program valued at roughly 5 to 6 billion dollars. Officials cautioned no final plan or presidential signoff exists yet.
The FCC proposed assigning the 99.9 FM frequency to Rocky Mount Virginia after a request from WNLB Radio Inc. The company pledged to apply for a construction license if the assignment is approved and carried out.
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