Prime Rate Dip Fails to Help Market
Morgan Guaranty Trust led major banks in cutting the prime rate to 5 percent, aiming to ease loan costs. Yet the move did not stop a sharp stock market decline, with the Dow Jones average tumbling 12.78 to 855.65 as uncertainty about the economy persisted. The administration welcomed the cut, while analysts attributed the fall to broader outlook concerns.
MENTIONED IN THIS ARTICLE
Jack Lefler
New York
Morgan Guaranty Trust Co
Bank of America
San Francisco
Chase Manhattan
Continental Illinois
Chicago
Girard Trust
Philadelphia
Citizens & Southern Vof
Atlanta
Wall Street
Morgan Guaranty
Emmett G. Solomon
Crocker Citizens National Bank of San Francisco
Nixon
Congress
Treasury
John Connally
American Bankers Association
Calvary Baptist Revival to Start Sunday
Calvary Baptist Church at 1201 West Avenue B will hold revival services from Sunday October 24 through Sunday October 31. Evangelist Rev Sardis Bever from First Baptist Church Strong Arkansas leads the revival with Johnny Veatch in charge of music and Mrs Richard Schrader as pianist. Evening services run 7 30 p m daily including Saturday with morning services 10 a m Monday through Friday Breakfast 6 7 am for prayer time. The week features special themes each night including Sunday School Training Union family night pack a pew night and men s night.
MENTIONED IN THIS ARTICLE
Sardis Bever
First Baptist Church
Strong
Arkansas
Johnny Veatch
Calvary Baptist Church
Richard Schrader
Calvary
Measles Cases Skyrocket in Arkansas
State Health Department officials said measles cases in Arkansas surged to 1,155 this year from 63 last year with one death from the rubella type. A spokesman urged vaccination as a precaution.
MENTIONED IN THIS ARTICLE
Little Rock
State Health Department
Bridge grant to rebuild Arkansas 30 over St. Francis River
Arkansas receives a $40,000 grant from the Federal Highway Administration to reconstruct a bridge on Arkansas 30 near Madison over the St. Francis River. Rep. Bill Alexander's office said the funds were approved.
MENTIONED IN THIS ARTICLE
Washington
Arkansas
Federal Highway Administration
Madison
St. Francis River
Bill Alexander
Communist Poet Neruda Wins Nobel Prize
Pablo Neruda the Communist poet and Chilean statesman won the Nobel Prize in Literature for works that shaped Latin America's destiny and dreams. At 67 he is hailed as Latin America’s greatest living poet and previously a Stalin Prize winner and exile who moved to Paris after Allende’s rise. The prize totals $86,000. He is the second Chilean laureate after Gabriela Mistral in 1945.
MENTIONED IN THIS ARTICLE
Dick Soberlund
Associated Press
Stockholm
API
Pablo Neruda
Chile
Neruda
Commununist Party
France
Salvador Allende
Santiago
Nefvah Ricardo Reyes Bascalto
la United Fruit Company
Latin America
Swedish Academy
Paris
Gabriela Mistral
Arkansas Weather Report: Cloudy Skies and Mild Temperatures
Weather Experiment Station reports 24 hours ending 7 am Thursday. High 77, low 12. Forecast Arkansas calls for considerable cloudiness with a chance of showers. Partly cloudy and mild tonight and Friday. Highs 72 to 82, lows in the low 30s to low 40s.
MENTIONED IN THIS ARTICLE
Arkansas
Rewarded for Getting Involved in Santa Clara County
San Jose residents Kenneth Williamson and Judy Wroblewski shared a $25,000 reward for tips that helped arrest Karl Francis Werner, the San Jose State student who pleaded guilty to murder in the knife slayings of three teenage girls. Werner received a life sentence. Williamson, who works at a park, and Wroblewski, a library clerk, had been targeted for involvement after reporting sightings and encounters matching the killer. The reward was offered after the Easter Sunday murder of Kathy Bilek in Saratoga Park. Annie Stockton of Prescott, 88, died. final rites were held with burial in DeAnn Cemetery, Prescott. Surviving children and relatives listed.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Kenneth Williamson
Judy Wroblewski
San Jose State College Library
James Geary
Williamson
Geary
Karl Francis Werner
San Jose State
Superior Court
Werner
Kathy Bilek
Saratoga Park
Bijek
Rosa
Karl
Annie. Stockton
Annie D. Stockton
Prescott
Boughton Baptist Church
DeAnn Cemetery
Jesse Stockton
Benton
Thurman Stockton
Mariana
Gertrude Brown
Bessie Harmer
North Little Rock
Opal Tarvin
Strodie Downs
Hope
Kosygin Keeps Up Diplomatic Campaign in Canada
AP Special Correspondent William L. Ryan reports Soviet Premier Alexei Kosygin advancing Moscow's diplomatic push in Canada. In Montreal and Ottawa he sought improved Canada Soviet ties, urged European security talks with Canada and the United States, and pressed for recognition of East Germany. He dismissed anti Soviet protests as minor, while signaling growing Canadian Soviet trade prospects amid Western policy tensions. In Ottawa Kosygin met Prime Minister Trudeau and promised a northern friendship that should not threaten the south.
MENTIONED IN THIS ARTICLE
William L. Ryan
Ottawa
Alexei N. Kosygin
Moscow
Canada
Canadiens
United States
Montreal
Kosyxin
Soviet Union
Pierre Elliott Trudeau
Kosygin
Washington
Trudeau
Europe
East Germany
Agnew Calls for Continued Greece Military Aid
Vice President Spiro T. Agnew said Congress blocking U S military aid to Greece would require President Nixon to exercise authority to override the move for American security. He spoke as he flew toward Crete, stressing aid is vital and that Nixon has already decided to resume support despite congressional opti on.
MENTIONED IN THIS ARTICLE
America
Agnew
Greece
Mediterranean
U.S
Walter R. Mears
Associated Press
Athens
Spiro T. Agnew
Congress
Nixon
United States
Crete
House
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