Social Security to Boost Pensions by 10 Percent in June
Senate House conferees agreed on a 10 percent general increase for 28 million Social Security retirement, survivor, and disability payments. The boost, retroactive to Jan 1, raises the average individual payment from 114 to 126 dollars and couples from 199 to 219, funded largely by raising the annual earnings tax base to 9,000 in 1972. A special 5 percent rise for 600,000 seniors 72 and over who lack full coverage also was approved, at a cost of 16 million annually.
MENTIONED IN THIS ARTICLE
Senate House
Senate
Ecuador bananas blocked by Long Beach pickets
Long Beach harbor delays as about 500 pickets protest the seizure of American fishing vessels by Ecuador, halting unloading of the Aldenberg's 2,000 tons of bananas. Company officials plan to seek a Superior Court injunction today to end the blockade.
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Ecuador
Long Beach Harbor
Aldenberg
Southland Tuna
South America
South Vietnamese flee Laos base as Reds stop copters
U S and South Vietnamese forces abandoned Fire Base Lolo in Laos after heavy North Vietnamese pressure and loss of helicopter resupply. The base near Sepone fell after over 300 rockets and mortars hit the position. three U S helicopters were shot down in Laos during the campaign.
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S. Viets
Laos
Saigon
Lolo
Sepone
U.S
Sophia
Esper
Ham Nghi
Bank rate cuts ripple through major San Francisco banks
Bank of America reduced its prime rate to 5 4 percent and conventional mortgage rate to 6 4 percent while cutting regular passbook savings to 4 percent. United California Bank and Security Pacific National Bank matched the reductions shortly after.
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San Francisco
UPI
Bank of America
Hecomes
United California Bank and Security Pacific National Bank
Action Line letters translate officer stamps from Okinawa
A reader asks ACTION LINE to translate Japanese stamps. Akira Miyazaki of Cal State Long Beach says only the leather stamp is a signature with possible readings Té as Nake Kiyo or Naka Kiyoshi depending on name type. No rank shown. The other four stamps read divisional, cipher or cryptograph, military top secret, and copy.
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Okinawa
Action Lini
A.C. Long Beach
Akira Miyazaki
Cal State
Long Beach
Nake Kiyo
Naka Kiyoshi
Miyazaki
Sinking Kawamee Off Catalina Rescued by Coast Guard
A 65 foot Kawamee with 10 aboard took water off Catalina Island Monday night. Coast Guard cutter Point Camden arrived, pumps were deployed, engine room flooded two feet but receded after pumping. Tow underway to Fellows and Stewart boat yard. owner Ramon Duff says vessel sold to Rockney Johnson two months earlier.
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Coast Guard
Kawamee
Fellows and Stewart Boat Yard
Terminal Island
Ramon L. Duff
Granada Hills
Johnson
Bank reports six million embezzlement at Chicago bank
CHICAGO. The Cosmopolitan National Bank says more than six million dollars vanished from its funds, possibly embezzled by a bank bookkeeper and a longtime customer. FBI questions the two suspects. Loss disclosed February 25 after the customer confessed and the bookkeeper, with 24 years of service, was fired. Checks up to 900000 were written on the customer's account over the past two years.
MENTIONED IN THIS ARTICLE
Chicago
Cosmopolitan National Bank
Donald J
Magers
FBI
Beokeeper
Sunny today forecast high 75
A sunny day is forecast with a high near 75 degrees. No significant clouds or precipitation are expected across the region. Residents should plan outdoor activities accordingly and stay hydrated in warm weather.
Independent Manson Girl Repudiates Earlier Testimony
Page A-3 reports Don Asa and a figure described as an independent Manson girl repudiating prior testimony. The note accompanies scattered headlines across pages A-1 to A-3, including GOP chief quits over welfare reforms and un-American activities committee role.
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Gop
Ecaveus
un-American Activities Committee
Page al
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Nixon
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Wilbur D. Mills
Robert M. Ball
L.B. Pickets
Stan Leppard
Standard Fruit and Steamship Company
Banana Terminal
Teamsters
Associated Press
George Esper
Ham Nehi
Vietnam
Ho Chi Minh Trail
Khe Sanh
Calif
Narn
Joan Baez
Mate Free
David Harris
Gabriel
Stanford
la Tuna Federal Correctional Institution
Texas
Catalina Island
Rockney Johnson
Hawaii
Cutter Point Camden
Don Asa
Calley
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