Banks Increase Discount Rate Mildly Tied to Policy
The Federal Reserve Board raised the discount rate from 4.5 to 5 percent effective Monday, calling it a passive adjustment to align with higher short term rates and keep the rate about one percent below the prime. The move follows no thriving monetary policy shift and aims to avoid triggering broader rate hikes. Meanwhile FBI agents arrested two Gary, Indiana men on conspiracy charges in a $2.2 million securities disappearance case, with $351,000 seized and two others sought.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Federal Reserve
Federal Reserve System
Nixon
Lansing, Ill
Gary
Ind
FBI
Joseph A. Zale
Russell J. Kern
Lansing
Chicago
Milwaukee
Brinks, Inc
Zale
Kern
U.S
Dead Battery Sparks Reunion of Two Brothers
In Flint Michigan two brothers separated by adoption and raised apart were reunited after a chance conversation about a car battery. Carl Ladd and Michael Graham, both now in Korea, had lived blocks apart in Burton yet never knew they were related. Their Army postings place Graham at Camp Casey and Ladd at Camp Hovey within a mile of each other.
MENTIONED IN THIS ARTICLE
Flint, Mich
Korea
Carl P. Ladd
Michael C. Graham
Sue Graham
Tim
Donald Ladd
Burton
Graham
Dairy Milk Testing Dispute Draws Wisconsin Officials
Dr C Norman Shealy alleges contaminated milk and weak hormone testing. Wisconsin Agriculture and Medical bodies defend strict inspection regimes and routine sampling across Grade A farms and processing plants, citing thousands of tests in 1972 and enforcement actions where needed.
MENTIONED IN THIS ARTICLE
C. Norman Shealy
State Medical Society of Wisconsin
Wisconsin Department of Agriculture
Shealy
la Crosse
Department of Agriculture
Agriculture Department
Wisconsin
Food and Drug Administration
U.S. Public Health Service
Donald E. Wilkinson
Glenn
Pound
College of Agriculture and Life Sciences
University of Wisconsin
George H. Handy
W. J. O'Rourke
Wisconsin Veterinary Medical Association
Weekend Weather Outlook With Warmer Temperatures
Partly cloudy and warmer through Saturday night and Sunday with a low near 25 and a high near 40. Southwest winds around 15 mph diminish on Sunday and a five percent precipitation chance is noted. Partly cloudy on Monday with mild conditions and a low near 25.
Illness of Rev Dr Kent Knutson Shrouds Leadership
A mystery surrounds the illness of Rev Dr Kent S Knutson president of the American Lutheran Church. Reports on Friday’s high school basketball show Central’s Red Raiders losing 71 to 60 to Memorial and Logan falling 70 to 61 to North in Eau Claire.
MENTIONED IN THIS ARTICLE
Kent S. Knutson
American Lutheran Church
Central
Red Raiders
Logan
Rangers
Eau Claire
Memorial
North
Wisconsin Regents approve dorm visits and free audit for seniors
The University of Wisconsin Board of Regents approved plans to allow dormitory visitation privileges and to grant senior citizens permission to audit courses at no cost. The move aims to expand access and engage older residents in campus life.
MENTIONED IN THIS ARTICLE
University of Wisconsin Board of Regents
Preliminary Scheduled In Shooting Kidnap Case
In La Crosse County a preliminary examination is set for Friday morning January 19 for Wilbur E. Streeter and Roy H. Gallington, charged with attempting to murder a county traffic patrolman. Both men remain jailed after failing to post $50,000 cash bond.
MENTIONED IN THIS ARTICLE
la Crosse County Court
Wilbur E. Streeter
Roy H. Gallington
Leonard Roraff
Marching Farmers Barred From Nixon Inaugural Parade
West Salem Middle School Marching Farmers will not march in the Nixon inaugural parade in Washington, D C because junior high bands may not keep up. The Army's decision follows 1968 concerns about pace. Efforts to secure an on route or stationary role continue against the backdrop of state pride and prior assurances.
MENTIONED IN THIS ARTICLE
West Salem Middle School
Richard Nixon
Wisconsin
Washington, D.C
Department of the Army
Walter Baltz
la Crosse County
Republican Party
West Salem
Baltz
Washington
Curtis Beers
Beers
D. C
West Salem Junior High School Farmers Band
Weaver Seeks Board Vote of Confidence as UW President
UW President John C. Weaver asked the Board of Regents for a vote of confidence amid merger duties and Lucey criticism. Regents will study their joint efforts. a five member committee will report next month.
MENTIONED IN THIS ARTICLE
Madison, Wis
University of Wisconsin
John C. Weaver
Board of Regents
Weaver
Patrick J. Lucey
State Universities System
Regents
Lucey
Walter Renk
Renk
Lacey
Governor Lucey Dodges Question on Weaver Evaluation
Wisconsin Governor Patrick Lucey declined to comment on UW President John Weaver seeking a Board of Regents performance review. Lucey was en route to Los Angeles for the Super Bowl.
MENTIONED IN THIS ARTICLE
Madison
Wis
Patrick Lucey
University of Wisconsin
John Weaver
Board of Regents
Lucey
Los Angeles
Peace Talks Nearing Final Session in Paris
In Paris Kissinger and Le Duc Tho join an unusually large delegation as final talks on Vietnam peace approach a possible closure. Kissinger will fly to the Florida White House for Nixon consultations after the session.
MENTIONED IN THIS ARTICLE
Paris
Henry A. Kissinger
le Duc Tho
Vietnam
Kissinger
United States
Nixon
Florida White House
U.S
St. Nom la Breteche
Ronald L. Ziegler
Homestead Air Force Base
Miami
Key Biscayne
Ziegler
Orly
U.S. Air Force
West Germany
Homestead
Tho
Hanoi
North Vietnam
Wisconsin approves crime fund plan amid local objections
The Wisconsin Council on Criminal Justice approved an $11.5 million federal fund plan 16 to 1 after weeks of wrangling. Milwaukee officials opposed the plan, and a county amendment on public defender appointments failed. The vote followed criticism of plan development and a push for greater local participation in future efforts.
MENTIONED IN THIS ARTICLE
Madison
Wis
Wisconsin Council On Criminal Justice
Richard Glaman
Milwaukee
Henry Maier
U.S. Law Enforcement Assistance Administration
Glaman
Fred Sweet
Walter Kelly
Patrick Lucey
Kelly
Also Mentioned on This Page
Dead Battery
Sparks
2 Brothers
Michael Graham
Carl Ladd
la Crosse Tribune
Kenneth C. Blanchard
Department States
Jerome R. Rosso
Tribune
Roger Imes
Gallington
Donald Harman
Streeter
Dist
Burleigh Randolph
Imes
Randolph
Harman
Roraff
D.C
Bertram McNamara
Frank Remington
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