Nixon signs highway aid foreign aid and pollution bill
President Nixon signed a $9.7 billion highway and foreign aid package and a clean air measure into law. The package extends interstate construction through 1976 and funds pollution monitoring, with a goal to cut new car exhaust emissions by 90 percent by January 1, 1975. It also begins bank breakups for mixed banking subsidiaries and sets limits on arms sales, tying into broader SST debates and funding for transit lanes.
MENTIONED IN THIS ARTICLE
Nixon
Federal Reserve Board
Senate
Cooper Church
U.S
Cambodia
Economic Pulse: Inflation, Dow Climb as Pan Am Cuts Hit
Inflation stands at 2.3 percent above 1969 levels, costing $117.80 in 1970 for goods worth $100 in the 1957-59 base. The Dow Jones Industrial Average ends the year at 838.92, up from a May 27 low of 631.16, with the NYSE posting record trading volume at 2.94 billion shares in 1970. Pan American World Airways plans layoffs exceeding 1,800 as losses hit $27 million in 1969, amid an austerity drive. Madden forecasts 1970 GDP rises tied to consumer spending, noting liquidity remains strong but rising unemployment and stock market uncertainty weighed last year.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Pan American World Airways
Pan Am
Najeeb Halaby
Madden
Chamber of Commerce
Jack Lefler
NEW York (Ap
Wall Street
Dow Jones
Associated Press
Arkansas Weather Forecast Brief For Weekend
Weather summary from station report ends at 7 a.m. Friday. Highs range from the 40s in the north to the 60s in the south with lows in the 40s. Increasing clouds tonight and becoming milder. Saturday will be mostly cloudy and mild with a chance of rain spreading across the state by Saturday night.
MENTIONED IN THIS ARTICLE
Ours
Arkansas
Denies Prisoner Petitions In Little Rock Court
US District Court Judge J. Smith Henley denied writs of habeas corpus for two Curmings Prison Farm inmates, Bobby Gene Hallow and Rodger Huey Ballew, who sought new trials after being convicted in 1968 in Craighead County Circuit Court for assault with intent to kill. The judge agreed the elder Ballew’s confession may have been improperly coerced but found no constitutional duty to overturn the conviction.
MENTIONED IN THIS ARTICLE
Little Hock
J. Smith Henley
Bobby Gene Hallow
Rodger Huey Ballew
Craighead
Cyreut
Henley
Ballews
Ballew
Named Pulitzer Prize Juror Named Pulitzer Juror
NEW YORK AP Gene Foreman managing editor of the Arkansas Democrat in Little Rock was among 48 editors named as Pulitzer Prize jurors for the 1970 awards. Jurors will screen nominations and submit three to six recommendations in each category to the Advisory Board on Pulitzer Prizes.
MENTIONED IN THIS ARTICLE
New York
Gene Foreman
Arkansas Democrat
Little Rock
Stock Market Recovers From 1970 Slide
The 1970 year saw a tumble in prices and activity but ended with a rally as Dow Jones rose to 842.00 on December 29 and finished at 838.92. AP indexes also posted gains with the 60 stock average at 290.6 and NYSE volume hitting a record 2.99 billion shares.
U.S. Withdraws Air Unit From Vietnam
The U S Command announced the withdrawal of the 54th Utility Airplane Co a 170 man cut in U S troop strength. Based near Saigon the Otters served the Saigon and Mekong Delta regions since 1965 and will be sent back to the United States. Meanwhile two Coast Guard cutters Bering Strait and Yakutat were handed to South Vietnam marking a new era for the Vietnamese navy with broader offshore gunfire and patrol roles.
MENTIONED IN THIS ARTICLE
Saigon
U.S
54Th Utility Airplane Co
Vietnam
Long Thanh
Mekong Delta
United States
U.S. Navy
Coast Guard
South Vietnam
Jerome H. King Jr
Bering Strait
Yakutat
U.S. Coast Guard
Legal opinion sought on Arkansas death row commutations
SEARCY Ark AP prosecutor Kid Bethune asked Attorney General Joe Purcell for a formal opinion on the legality of Gov Winthrop Rockefeller’s commutations of all 15 death row sentences. Bethune noted prior news quotes suggesting Purcell had approved the action and said he would seek an official ruling if needed.
Organizational Changes in Nashville Production Credit Association
Hope Arkansas newspaper notes organizational overhaul of the Nashville Production Credit Association effective January 1 1971. New leadership includes Bobby Carroll as Chairman J F Bell as Vice Chairman and Deward Sharp as President. Board members and Hope area staff appointments are listed with loan growth from 8 million dollars in 1960 to 40 million in 1970.
MENTIONED IN THIS ARTICLE
Nashville Production Credit Association
Bobby Carroll
Murfreesboro
J.F. Bell
Mineral Springs
T.O. Porter
Hope
Don Stemple
Gillham
Paul Cox
Okolona
Howard
Pike
Hempstead
Nevada
Clark
Hot Spring
Sevier
Deward Sharp
N.B. Coleman
Bob Webb
Elizabeth Rosenbaum
Nashville Pca
Israel Rejects Any Political Settlement
Premier Golda Meir rejects any Arab peace plan that does not ensure lasting peace. Israel backs U.N.-mediated talks with Egypt and Jordan. European leaders hope for a 1971 settlement via diplomacy or force. A cease-fire may expire February 5 and risk renewed fighting along the canal.
MENTIONED IN THIS ARTICLE
Tel Aviv
Golda Meir
Middle East
Israel
Egypt
Jordan
Cairo
al Ahram
Mohamed Hassanein Heikal
Heikal
Europe
Western Europe
United States
Zeev Schul
Jerusalem Post
Moscow
U.N
Gunnar Jarring
Yediot Aharonot
Jarring
Abba Eban
Eban
Jerusalem
Amman
Nixon Making Light of Polls and Plans for 1972
President Nixon hosts a New Year’s Eve social with four reporters and two photographers, downplays poll dangers while stressing issue polls. He defends leadership over popularity, cites 66 bills passed, and hints at possible vetoes. He compares leadership to golf, plans a quiet stretch at Camp David, and may favor Florida over California for residence.
MENTIONED IN THIS ARTICLE
Frank Cormier
Associated Press
Washington
Nixon
White House
Manolo Sanchez
Republican National Committee
Congress
Rockefeller reports 1.314 million campaign spend
Gov. Winthrop Rockefeller disclosed his general election campaign expenses totaled 1,314,162, about 6.70 per vote. The Republican’s outlay surpassed Democrat Dale Bumpers’ by more than fourfold, with Bumpers at 293,676. Other filings showed costs for Sterling Cockrill Jr., Bob Riley, and Jim Sheets, while Bumpers’ primary and runoff costs totaled 482,676.
MENTIONED IN THIS ARTICLE
Little Rock
Winthrop Rockefeller
Dale Bumpers
Rockefeller
Kelly Bryant
Bumpers
Orval FE. Faubus
Sterling R. Cockrill Jr
Bob Riley
Arkadelphia
Jim Sheets
Siloam Springs
Bryant
Plugged Well Likely Ends Wild Oil Fire Off Louisiana
Shell Oil Co said one main wild well on an off shore platform has been plugged and the blaze reduced by 40 percent. The major relief wells are expected to be completed around the end of January. Oil sheen and rainbow in nearby waters prompted Coast Guard notes as the platform burns since December 1 and four men died.
MENTIONED IN THIS ARTICLE
New Orleans
Shell Oil Co
Shell
Coast Guard
Louisiana
Murder Trial Recessed at Paragould
Clyde Ray Glover 37 of Paragould had his first degree murder trial recessed to 9 a.m. Tuesday. James Latham 26 testified he saw Glover strike Judy Evans 20 of Rector, place her body in her father's car trunk, and set the car on fire in a nearby gravel pit. A staff psychiatrist testified doctors found Glover competent for trial.
MENTIONED IN THIS ARTICLE
Panawouldwark
Clyde Ray Glover
Paragould
James Latham
Glover
Judy Evans
Rector
Latham
Waman
Miss Evans
State Hospital
Little Rock
Ie Wis
Crune
Merger of Airlines Approved Between Northwest and Northeast
Northwest Orient to buy Northeast Airlines and American Airlines to acquire Trans Caribbean Airways. The CAB approved the deals on the last day of a tough year for aviation. The mergers dissolve the two smaller carriers into dominant partners, expanding Northwest’s routes into Japan Pacific Northwest Northeast and Canada while Northeast holds New England short hauls.
MENTIONED IN THIS ARTICLE
Gregg Herrington
Associated Press
Washington
U.S
Civil Aeronautics Board
Secor D. Browne
Nixon
Northwest Orient Airlines
Northeast Airlines
American Airlines
Trans Caribbean Airways
Northeast
Trans Caribbean
United Airlines
Capital Airlines
Northwest
Japan
Pacific Northwest
Southeast
Canada
New England
Los Angeles
Miami
Hope Star publication details and subscription rates
Hope Star, Hope Ark 1899 1927 Consolidated issues January 18 1929. Weekly weekday evening edition from Star Building Hope Arkansas. Publisher Star Publishing Co. lists staff and offices. Rates include carrier weekly 5 cents and annual mail outside Arkansas 15.60. College student offer nine months 6.75. Local news supplied by Associated Press and national reps listed.
MENTIONED IN THIS ARTICLE
Star of Hope
Consolidated
Hope
Hempstead
Nevada
Lafayette
Howard
Pike
Miller
Arkansas
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