Banks cut prime rate amid Fed drive to ease credit
The top U S banks trimmed their prime lending rate for the third straight week as the Fed sought to stimulate lending. Bank of America and First City National Bank reduced to 9 percent from 9 percent with other banks following. The rate drop comes after a fall from a 12 percent peak last fall. Northwest Airlines was ordered to recoup 200000 paid to a hijacker who vanished after demanding ransom in 1971. In Ann Arbor a underground newspaper held a drawing for 1 pound of high grade Colombian marijuana, winner drawn from 4500 entries and to be delivered at a secret meeting.
MENTIONED IN THIS ARTICLE
Federal Reserve System
Bank of America of
San Francisco
First City National Bank of New York
ST. Paul
Minn
Minnesota Supreme Court
Northwest Airlines
Northwest
D. B. Cooper
Cooper
Portland
Ore
Seattle
Wash
Ann Arbor
Mich
Washtenaw County
Catherine McClary
Fewer Blacks Join Army in Declining Enlistments
Pentagon figures show fewer black recruits across the armed services in December at 16 percent, the fifth straight monthly decline from 23 percent last July. Defense officials deny quotas while calls to recruit in suburbs persist, reflecting earlier critiques of the all volunteer force.
MENTIONED IN THIS ARTICLE
Washington
Armed Services
Pentagon
Defense
Army
Howard Callaway
Larry Fine dies at 73 in Woodland Hills stroke
Larry Fine of the Three Stooges fame died of a stroke at 73 while living at Country Home in Woodland Hills. He had suffered strokes in 1971, remained active in appearances, and enjoyed renewed popularity from television airings. He joined Moe and Curly in a long slapstick career and was later succeeded by Shemp and others.
MENTIONED IN THIS ARTICLE
Larry Fine
Three Stooges
Woodland Hills
Fine
Motion Picture and Television Fund
One
the Stooges
Curly Howard
Moe Howard
Calligrapher Fox Retires From White House After 32 Years
Sanford L. Fox, famed for crafting White House invitations, is honored by President Ford at a retirement party in the White House Theater receiving a Meritorious Service certificate. Betty Ford presents a mantle clock. Fox served 32 years. Also notes possible Senate bid by Barry Goldwater Jr and other Republican moves. Gen Westmoreland, after a heart attack, moved to Walter Reed.
MENTIONED IN THIS ARTICLE
Sanford L. Fox
White House
Ford
Fox
Betty Ford
Barry Goldwater Jr
Calif
John Tunney
Sen
Barry Gold
William C. Westmoreland
Army
U.S
Vietnam
Palm Springs
Walter Reed Army Hospital
Israel rushes fortifications along Sinai defense line
Tel Aviv says a quarter billion dollar line of fortifications and roads is being completed along Sinai between the Suez Canal and the Mitla and Gidi passes. Egypt demands withdrawal and Kissinger mediates a second disengagement phase as Israel warns of rapid Egyptian troop movement capabilities. Israel has spent 4 million so far with another 1.46 billion planned.
MENTIONED IN THIS ARTICLE
Tel Aviv
Israel
Sinai
Suez Canal
Mitla
Gidi
Abu Rodeis
Henry Kissinger
Egypt
Tremors Raise Alarm Over Southern Japan Quake Run
The Meteorological Agency reported 297 earthquakes in southern Japan over the last three days prompting fears of a major earthquake. Officials warned residents to stay alert as aftershocks continued.
MENTIONED IN THIS ARTICLE
Tokyo
Meteorological Agency
Japan
Also Mentioned on This Page
Donald Coggan
St. Augustine
Britain
Canterbury
England
Vatican
Combined News Services
Stooge
David Harris
Joan Baez
South Vietnam
Saigon
Nguyen van Thieu
Curly
Shemp Howard
Joe Besser
Joe de Rita
UPI
R-Ariz
San Diego
Robert Finch
Nixon
California
Barbara Cook
New York
Carnegie Hall
Aaron Schultz
Stanley Soujours Moi
Arab Buys
London
Mereworth
Tonbridge
Kent
Mohamed Mahdi al Tajir
United Arab Emirates
Persian Gulf
William Robinson
Montreal
Richard Blass
Blass
Sweden
Jet
Copenhagen
France
Denmark
Norway
Netherlands
Belgium
Saab-Scandia
Cal Mirror Dresser
Sale
Soujours
Moi
Garden Court
Atlantic Ave
Long Beach
Sea Diego
Tehes
Artesia
Bankamericard
Oes
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