Hughes Reported Ready To Buy Paradise Island Chunk
Paradise Island rumors swirl as Howard Hughes, unseen on the ninth floor of the Britannia hotel, reportedly eyes buying part of the Bahamian resort. Nevada officials say Hughes indicated in a three way call that he is in the area and may return to Las Vegas. Local interest centers on Resorts International’s Paradise Island properties amid casino revenue declines and speculation of Hughes involvement.
MENTIONED IN THIS ARTICLE
Hughes
Paradise Island
Bahamas
Las Vegas
Howard Hughes
Paradise
Paul Laxalt
Nevada
Dist Atty
George Franklin
Miami
Lyndon P. Pindling
Corrigan Owned Plane Tied to Britannia Hotel Incident
On a late trip a Hughes plane was identified as owned by Corrigan. At the Britannia Fred F. Schock of Resorts International refused to answer questions about hotel guests but confirmed a ninth floor block of four suites rented for a year in an individual name. Paradise Island security guards block the corridor, with a green door and peep-hole. Guards say they know nothing, and room service staff are halted at the door.
MENTIONED IN THIS ARTICLE
Hughes
Bahamas
Emerald Beach
Nassau
Paradise Island
Leo Corrigan
Corrigan
Britannia
Fred F. Schock
Resorts International
Schock
Room Service
Market confidence persists as Dow nears 816 in 1971 outlook
AP Business Analyst John Caniff reports heavy trading and rising stock prices driven by preference for quality issues. The Dow Jones average climbs to 816.06, with a 28 percent gain from May low, and a price earnings ratio around 15.6 as optimism grows for rapid 1971 growth under Nixon policies and Fed stance while inflation concerns linger.
MENTIONED IN THIS ARTICLE
John Caniff
York
Nixon
National Association of Manufacturers
White House
Federal Reserve System
Wall Street
Mayor Lindsay Seeks Scrooge Role in Christmas Carol
New York AP Mayor John V. Lindsay says he will narrate the musical but would rather play Scrooge in A Christmas Carol. He spoke during a rehearsal at the Robert F. Kennedy Theater for Children, as the nine performance run aims to entertain around 30,000 youngsters.
MENTIONED IN THIS ARTICLE
New York
John V. Lindsay
Scrooge
Robert F. Kennedy Theater For
Lindsay
Reagan Aims to Back Nixon for 1972 Nomination
Gov Ronald Reagan traveling a political line says he plans to attend the 1972 Republican convention in support of President Nixon rather than as a potential favorite son. He notes Nixon is likely to be the nominee and expects to begin a second term after a landslide re election victory.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
Ronald Reagan
Nixon
Reagan
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