New Monetary Values Set by Group of Ten
The Group of Ten nations agrees to raise the official gold price to 38 dollars an ounce, devaluing the dollar about 7.89 percent. The move aims to boost U.S. exports and reduce imports, with anticipated higher costs for foreign cars and electronics abroad and cheaper foreign goods for Americans traveling or buying overseas. Congress must approve the gold price change next month.
MENTIONED IN THIS ARTICLE
Washington
U.S
United States
Donald Rumsfeld
U. S
Group of Ten
Nixon
Congress
Pearson Urges Unity to Boost Minority Businesses
Kansas senator James B. Pearson urged greater cooperation among citizens private investors and federal agencies to promote minority business enterprises. He spoke at the dedication of a black owned supermarket backed by a 300000 SBA loan and urged stronger federal commitment to economic opportunity. He noted 17 percent of Americans are minority but own only four percent of businesses and less than one percent of receipts. The 1970s challenge is eradicating economic discrimination.
MENTIONED IN THIS ARTICLE
Kansas City
Kan
James B. Pearson
Rkan
Citiens
Pearson
Small Business Administration
America
Lawrence R.N
St. Luke’s
Missouri
State University Medical Schools
R.N
Patrol Goes Fishing For 4 Trucks Cars
Four ice fishermen on Lake Minnetonka parked cars on the ice and walked to shacks. The weight broke the ice and their autos sank four feet. Rescue teams hooked the cars to two trucks to haul them out.
MENTIONED IN THIS ARTICLE
Lake Minnetonka
Hennepin County
Beavers Gather Winter Wood Early In Fall
Beavers cut their winter supply of wood in the fall. An early cutting generally means an early winter with less available material for storage and use.
Youth, 17, Shot In School Probe
Police report a 17 year old boy was wounded by Patrolman Henry Stivers with a .12 gauge shotgun while running across Manchester school grounds after a burglar alarm tripped. Another youth escaped as a rear door window was found broken and desks searched. The injured youth was taken to General Hospital for neck wound treatment.
MENTIONED IN THIS ARTICLE
Kansas City
Manchester
Henry Stivers
General Hospital
Price rises under review as top boards study rent controls
Price Commission and Pay Board prepare rulings this week on rent controls and wage ceilings. C Jackson Grayson Jr announced that many major retailers may have raised prices without approval, prompting IRS checks and possible court-ordered rollbacks. The commission listed 148 firms including Sears and Penney as noncompliant, while Macy’s and Gimbles were omitted.
MENTIONED IN THIS ARTICLE
Washington
The
Price Commission
Nixon
Pay
C. Jackson Grayson Jr
Grayson
Internal Revenue Service
Sears, Roebuck and Co
J.C. Penney Co., Inc
F. W. Woolworth Co
Kroger
A&p
Food Fair
Giant Food, Inc
Grand Union Co
Safeway Stores, Inc
Montgomery Ward
Macy’s
Gimbles
Also Mentioned on This Page
Walt Disney
Minneapolis, Minn
Hermes
Smith-Corona Elec
XEROX
M&m
Wit Personalized Service
FAME
Stereo ‘Store
Motrons
Justice Department
Wick Tso
Harma
Sohaini
Adiotronics
Massachusetts
Santa
KOSS
Audiotronics
Skyline
Sound Laboratories
Veritas
the Stereo
Bankamericard
Pet Ae
Carefree
Eldridge
Eldridge House
P.O. Box
Lawrence, Kans
St. Elizabeth of
Hungary
Lawrence
P. D
Box
St. Luke’s Hospital
Lawrence Nurses
Wats
Dorothea Tenney
44Th and
Wornall Road
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