Major Banks Raise Prime Rate Across Cities
The prime rate for top borrowers rose to 5 percent, first by Chemical Bank New York and quickly by First National Bank of Chicago, Chase Manhattan, and Union Bank in Los Angeles. The move marks the highest rate since the early 1930s and followsDec 6 and March 10 increases, with consumer rates rising from the basic rate.
MENTIONED IN THIS ARTICLE
New York
First National City Bank
Chase Manhattan
Chemical Bank (New York) Trust Co
New York City
First National Bank of Chicago
Union Bank
Los Angeles
Chemical New York
Judge Allows Alfonsi Indictment to Stand
Madison AP Dane County Circuit Judge William Sachtsen refused two motions by Assemblyman Paul Alfonsi to drop bribery indictments. Alfonsi challenged the charge alleging insufficient facts and grand jury issues. The judge ordered District Attorney Torphy to provide a grand jury transcript by Tuesday. Alfonsi faces trial next Wednesday.
MENTIONED IN THIS ARTICLE
Madison
Dane County
Paul Alfonsi
William Sachtsen
Alfonsi
Minocqua
Anthony Wise
Wis
Consin
John Fritschler
Dist
Atty
Michael Torphy
Torphy
Fritschler
Former Flint Man Held For Bank Holdup
A former Flint, Michigan man, Robert D. Ross, is named in a federal warrant as one of three men who robbed Bark River Bank in Michigan’s Upper Peninsula, fleeing with $32,000 in a blue Cadillac. Ross, held in Douglas County Jail on $20,000 bail, faces additional charges from a separate Duluth, Minnesota flight warrant.
MENTIONED IN THIS ARTICLE
FBI
Ross
United States
Escanaba
Mich
UW Rally Protests Bombing Of Hanoi
A rally on the library mall at the University of Wisconsin Madison protested U.S. bombing of military targets near Hanoi and Haiphong. About 250 people, mostly UW summer students, attended, with signs such as impeach Johnson and bring the troops home now.
Life of Winkie the Elephant May Be Spared
Park Supervisor James Marshall says Winkie the elephant should be spared after she killed a Princeton professor's 3 year old daughter who fed her popcorn behind a barrier. Zoo Director Alvie Nelson agreed as options include keeping, destroying, or selling the animal with a Park Commission decision pending.
MENTIONED IN THIS ARTICLE
Winkie
Elephant
Madison
James Marshall
Vilas Park Zoo
Princeton University
Ruth Ellen Freedman
Marshall
Zoo
Alvie Nelson
Nelson
Iraqi Revolution Reported Ousting Government
Baghdad radio reported a revolution in Iraq that ousted the government. The army would assume power and a council of the Revolutionary Command would govern, with a curfew and airports closed. Abd al-Rahman Gen. Arif was mentioned as president after his brother’s death in a helicopter crash.
MENTIONED IN THIS ARTICLE
Washington
Baghdad Radio
Iraq
Arif Abdel Razzaq
CDT
Razzaq
Johnson Plans Omaha Des Moines Speech Tour
President Johnson travels to Omaha Nebraska and Des Moines Iowa for two major talks on farm issues and Vietnam. He will broadcast from Omaha noon local time and address a Democratic fundraising dinner in Des Moines before returning to Texas.
MENTIONED IN THIS ARTICLE
LBJ
Des Moines
Omaha
Washington
Johnson
Neb
Viet Nam
Iowa
Texas
White House
Midwest
Ettley Field
City Dock
Indianola
Veterans Auditorium
San Antonio
Tex
Johnson City
France and Soviet Union to establish Paris Kremlin hot line
In a Moscow broadcast official communique France and the Soviet Union agreed to establish a direct hot line between Paris and the Kremlin. Soviet leaders accepted President Charles de Gaulle's invitation to visit France.
MENTIONED IN THIS ARTICLE
London
France
Soviet Union
Paris
Kremlin
Moscow
Charles de Gaulle
Three Heart Valves Replaced in Chicago Woman
Ramona Cychosz, 39, underwent open heart surgery at Mount Sinai Hospital Medical Center in Chicago to replace three of four diseased valves with artificial silicone valves. Officials say she is recovering well after the March 25 operation that relieved severe strain from rheumatic fever begun in childhood.
MENTIONED IN THIS ARTICLE
Chicago
Ramona Cychosz
Mount Sinai Hospital Medical Center
Cychosz
Deferment System Study Emphasizes Younger Draftees
The Defense Department urged retooling the draft to induct the youngest eligible men first, focusing on the 19 20 age group as combat leaders prefer younger troops. The report says an all volunteer force is costly and not feasible this decade, and the current deferment system is basically sound.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
House Armed Services Committee
Asst
Secretary of Defense
Thomas D. Morris
United States
Korea
Morris
Pentagon
Johnson
Congress
Camp McCoy to Remodel 161 Buildings for Job Corps
A $1,730,257 contract to E. G. Kramschuster Inc for remodeling 161 Camp McCoy Job Corps buildings is announced by director Harry J. Mills. The project adds dormitories dining halls classrooms medical facilities and more for 1,680 corpsmen, with completion phased through Sept 1967.
MENTIONED IN THIS ARTICLE
Sparta
Wis
Harry J. Mills
Camp McCoy
E. G. Kramschuster, Inc
Mondovi
Buffalo County
Mills
Job Corps
Struck and Irwin Inc
Madison
Congress OKs 17.4 Billion for Military Funds
A joint House Senate conference committee approves a 17.4 billion military authorization bill. It funds a controversial nuclear powered Navy frigate and 20 million for related construction items, despite administration objections. The draft urges building the frigate and calls for contract entry when practicable unless the President objects.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Navy
Congress
U S Bombs Hanoi Area Again in Viet Nam War Debate
U S bombing of oil depots near Hanoi and Haiphong fuels international uproar. Sen Fulbright seeks an explanation for escalation as Vice President Johnson defense lines say action prudent. McNamara notes heavy damage and a downed plane amid global protests and Vatican concern.
MENTIONED IN THIS ARTICLE
Washington
Hanoi
Haiphong
Capitol Hill
J. W. Fulbright
D-Ark
United States
Fulbright
Senate Foreign Relations Committee
Orient
George W. Ball
North Atlantic Treaty Organization
Ball
Johnson
Frank J. Lausche
Ohio
Vatican
Lausche
Viet Nam
U.S
Tion
Robert S. McNamara
North Viet Nam
McNamara
Air Force
South
Also Mentioned on This Page
Illinois
le Claire
Flint
Job Corps Center
Bob Horton
Army Corps of Engineers
Kramschus
Sen. Fulbright
Southeast Asia
NATO
Japan
Etsusaburo Shinna
N. Viet Capital
Edwin Q. White
Saigon
South Viet Nam
U. S. Command
U. S
Gilbert L. Meyers
US. Air Force
Bac Giang
Nguyen Khe
U.S. Airforce
Murphy N. Jones
Jones
Louisiana
UPI
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