Prime Rate Raised Reluctantly by Chase Manhattan Bank
Washington AP Chase Manhattan Bank raised its prime rate to 8 percent with reluctance yet conviction it was necessary given money market conditions. David Rockefeller, chairman, said the move aimed to halt shifting borrowings and acknowledged confusion and loose charges surrounding higher rates. He linked inflation at about 6 percent to past fiscal and monetary policies.
MENTIONED IN THIS ARTICLE
Washington
Chase Manhattan Bank
David Rockefeller
Rockefeller
The
New York Bank
House Banking and Currency Committee
Hearings Open on Seminoles' $40 Million Florida Claim
The Indian Claims Commission begins hearings on a Seminole request for 132 million acres in Florida valued at about $40 million. Government estimates land at 18 cents per acre. Seminole attorneys say $1.25 per acre. The dispute spans 1816 to 1934 with long wars and forced removals.
MENTIONED IN THIS ARTICLE
Dillon Graham Washington
Indian Claims Commission
Florida
Spain
United States
Arms Point
Andrew Jackson
Jackson
Oklahoma
Osceola
Congress
Schumann Replaces Debre as Foreign Minister in Pompidou Cabinet
Paris AP Maurice Schumann, longtime European integration advocate, becomes French foreign minister under President Pompidou, signaling a shift toward liberal Europeanist policy. The cabinet also elevates three Centrists, including Rene Pleven, Jacques Duhamel, and Joseph Fontanet, while Gaullist stalwarts depart.
MENTIONED IN THIS ARTICLE
John Vinocur
PARIS
Maurice Schumann
Europe
Georges Pompidou
Schumann
Giscard d’Estaing
Pompidou
Jacques Chaban-Delmas
Chaban-Delmas
Michel Debre
Debre
Antoine Pinay
Tice
Jacques Duhamel
Joseph Fontanet
Chicago Newsman Roy J. Gibbons dies in Burlington
Roy J. Gibbons 71 former science editor of the Chicago Tribune died Sunday while visiting his son in Burlington He worked 42 years in journalism including 23 years at the Tribune retiring in 1965 He helped reveal postwar work on the atomic bomb at the University of Chicago and joined Adm Byrd on a 1946 South Pole expedition Survivors include his son William of Burlington a daughter and one grandchild
MENTIONED IN THIS ARTICLE
Burlington
The
Chicago Tribune
Roy J. Gibbons
Gibbons
the Tribune
University of Chicago
Richard E. Byrd
South Pole
William
Inquest Ordered Into Indiana Woman's Minocqua Lake Death
Oneida County coroner Julius Nagy ordered an inquest into the death of 44 year old Helen E. Robert of Richmond Indiana who drowned when the boat struck a railroad bridge over Minocqua Lake and sank. Two male companions swam 200 feet to shore.
MENTIONED IN THIS ARTICLE
Minocqua (Ap
Oneida County
Julius Nagy
Indiana
Helen E. Robert
Richmond
Ind
Minocqua Lake
Stevens Point Man Heads Disabled Vets
Norman Myhrah of Stevens Point was elected Wisconsin state commander of the Disabled American Veterans at the end of a three day meeting. Ray Fuller of Oshkosh and Francis Awe of Milwaukee were named senior and junior vice commanders respectively, with Henry Wiegen re elected treasurer.
MENTIONED IN THIS ARTICLE
Stevens Point
Norman Myhrah
Wisconsin
Ray Fuller
Oshkosh
Francis Awe
Milwaukee
Henry Wiegen
Jerry C. Handy
Two Rivers
Gilman H. Stordock
Waupaca
Joseph F. Shedivy Jr
Matt Werel
John F. Bergstrom
Neenah-Menasha
State Youth Killed In Industrial Mishap
A 19 year old mechanic, James Dickman of Port Washington, dies from injuries suffered Thursday after a steel band around a truck tire he was inflating caused a fatal accident in Milwaukee.
MENTIONED IN THIS ARTICLE
Milwaukee
James Dickman
Alfred Dickman
Port Washington
Confession of Murders Declared Hoax in Nashville
Police say Ernest Paul Sims 26 admitted his earlier confession of killing two Michigan teenagers and an Oklahoma City taxi driver was a fabrication. Lt Kenneth Reasonover said Sims recanted after more questioning and a family visit, claiming his sisters wanted to move due to the publicity.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
Ernest Paul Sims
Metropolitan
Michigan
Oklahoma City
Kenneth Reasonover
Sims
Reasonover
Lutherans Vote Five Million for Urban Reparations
The American Lutheran Church conference urged a $5 million addition to urban funding next year as part of a $500 million black reparations demand led by James Forman. Delegates backed the plan at Augsburg College amid strong protests and calls for restitution.
MENTIONED IN THIS ARTICLE
Minneapolis
Conference On Inner City
The
American Lutheran Church
ALC
James Forman
Augsburg College
Larry Hunt
Racine
Wis
Hunt
National Black Economic Conference
Forman
ALC Joint Council
Paul A. Roe
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