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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Aug 25, 1967
Page
2
Partly cloudy with little temperature change through Saturday. Showers and thunderstorms expected in the southeast portion with widely scattered to isolated activity in the northwest. Humid with major activity in the afternoon and evening. Lows around 62 to 69 to 75. No significant temperature changes expected.
The Faderil Intermediate Credit Bank of St Louis and 45 Missouri Illinois and Arkansas associations set a record for credit extended at year end June 30 1967. Nashville directors attended a St Louis conference with note of total district lending of 851 733 202 and 4.69 million loaned to Hempstead County in 1966. Governor Robert Tootell spoke on farm debt rising to 45 billion since 1950 and still 16 percent of assets while debt ratios remain lower than Europe.
Washington AP report says the Feb 15 Lone Star Army Ammunition Depot explosion at Texarkana Texas killed 11 and injured 14. A Pentagon board found Army procedures were in effect but faulty assembly could have triggered the fuse. Some evidence was destroyed in the blast, hindering exact cause determination.
Gov. Winthrop Rockefeller disclosed that he has known of the Burch Corp for months but an ongoing investigation has not uncovered illegal dealings. The note mentions Continental Securities stock buyback efforts, potential administration impact, and possible actions including a highway audit and a legislative special session. Captain Charles W. Haynie Jr. returns to Prescott to teach and reflect on his Air Force service.
The House cut 150 million from the Idan program 72 million from the alliance for progress and 25 million from the Presidents contingency fund. An additional 60 million for NATO was shipped after members were told funds were authorized earlier. Democratic leadership failed to restore a second-year Alliance for Progress authorization while NATO cuts passed 148 to 78 and a ban on arms sales to nations with broken diplomatic ties was approved 236 to 157.
Rep Gladys Martin Oglesby of Stamps said she plans to introduce a bill in 1969 to abolish capital punishment but would not object if Gov Rockefeller includes such a measure in a January special session. She noted efforts to address objectionable features and potential co sponsors, following discussions at a Camden dinner.
Architect Leslie Alcock leading 60 volunteers at South Cadbury near Somerset and Dorset expects long dig of Camelot. Wheeler chaired committee. next field season in spring 1968 as 6th century fortifications and interior traces emerge tying to Arthur.
The San Francisco Mining Exchange ends its 105 year history as 31 mining firms move to other markets or over the counter. SEC actions and dwindling volume led to the closing, with average yearly turnover dropping from 8 million to 725 thousand in six months. The building at 256 Montgomery Street hosts mourners before final departures. A second item notes a green turtle species capable of 300 miles in 10 days.
AP report notes U S aircraft losses in Vietnam are lower than Korea and World War II due to improved tactics and countermeasures. Over North Vietnam from Sunday to Thursday, 12 U S planes were lost, while U S missions exceeded 3,200 flights amid heavy air defenses. Do not copy, compress wording, preserve entities.
Bonn AP reports West Germany's major youth organization objects to the publication of Baldur Von Schirach's memoirs. Von Schirach, 60, was released last year after serving a war crimes sentence and is serializing "I Believed in Hitler" in Stern.
The Anglican Church of Canada may permit divorced members to remarry within the church if commissions approve. Archbishop Howard H. Clark said the move aligns faith with life, noting only one other Anglican body allows remarriage. In separate note, a New York case challenges the Social Security Act as discriminatory for women’s benefits.
China issued the earliest known paper money in the 14th century, printed on mulberry bark paper, reflecting a historic shift in currency and state finance.
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