Banks raise prime rate to 8 percent signaling market tightness
Major banks led by Bankers Trust in New York lifted the prime rate from 7 to 8 percent effective immediately. The move followed by banks in Chicago, Philadelphia, and Boston triggering Dow Jones declines as lenders pass higher borrowing costs to large corporations.
MENTIONED IN THIS ARTICLE
Nisw York
Bankers Trust Co
New York
Chicago
Philadelphia
Boston
Chase Manhattan
First National City
New York Stock Exchange
Federal Reserve Board
Bankers Trust
Laird Sees Vietnam Troop Pullout Brings Closer to Peace
Defense Secretary Melvin Laird said Nixon’s decision to pull 25 000 U S troops from Vietnam moves the country toward peace. He outlined a phased withdrawal starting early July with units relocating to Hawaii or Okinawa in reserve. Laird stressed the move shows resolve to empower South Vietnam and warned critics that the withdrawal will not be a simple token.
MENTIONED IN THIS ARTICLE
Washington
Melvin R. Laird
Nxon
Vietnam
United States
Midway
Laird
Southeast Asia
U.S
South Vietnam
Joint Service
Okinawa
Hawaii
Pacific Command
Capitol Hill
Nixon
Pentagon
Cindy Hird Chosen for Athens Summer Exchange
Lawrence High senior Cindy Hird, 17, will spend about ten weeks in Athens Greece as an American Field Service summer exchange student. She departs around June 24 from New York City via Istanbul and returns about Sept 5 living with an Athens family.
MENTIONED IN THIS ARTICLE
Lawrence High
Cindy Hird
American Field Service
Athens
Greece
Miss Hird
Wayne Hird
Trail Rd
New York City
Istanbul
Tuukey
Hird
AFS
Lawrence - American
Enemys Attacks in Vietnam Diminish After Heavy Skirmish
After three days of heavy fighting in South Vietnam, enemy attacks eased Sunday night. U S spokesmen offered no firm reason, noting heavy enemy losses. About 2,500 North Vietnamese and Viet Cong troops were reported killed since the surge began last Thursday. More than 150 Americans were believed killed.
MENTIONED IN THIS ARTICLE
Saigon
South Vietnam
U.S
Nixon
Nguyen van Thieu
Burger Named Chief Justice in Senate Approval
The Senate gave resounding approval to President Nixons choice Warren Burger to be chief justice of the United States. Burger will succeed Chief Justice Earl Warren who is retiring as the Supreme Court concludes its term this month.
MENTIONED IN THIS ARTICLE
Washington
Senate
Nixon
Warren E. Burger
The
United States
Burger
Earl Warren
Supreme Court
Nixon Faces GOP Clash Over Key Legislation
President Nixon confronts sharp Republican opposition in Congress on electoral reform voting rights postal and tax reform college unrest and anti poverty measures. He zones reforms uses delays and shifts positions as Republicans push direct elections and resist expansion of voting rights while reform plans stall in both chambers.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
Capitol Hill
House
Senate
GOP
Fair Sunny Weather Forecast for Lawrence Area
The Lawrence region can expect fair and mostly sunny weather into Tuesday with tonight’s lows in the 50s and Tuesday highs around 80. Rain chances are about 10 percent. Highs reached 91 Saturday and 62 Sunday with clouds and drizzle. sun returned today into the afternoon. Western Kansas showers were forecast to dissipate before reaching the area. Rain totals in Kansas ranged from half an inch to nearly two inches in places, with Sedan reporting 1.88 inches and U.S. 50 east of Syracuse briefly flooded but no reported injuries.
MENTIONED IN THIS ARTICLE
Lawrence
Topeka Weather
Kansas
Sedan
U.S. 50
Syracuse
New York Stock Averages Dip in Closing Scan
In New York the closing figures show the Dow Jones average at 326.8, down 2.8 points. The broader market notes declines across several sectors as investors react to early trading cues.
MENTIONED IN THIS ARTICLE
New York
Vacation Pak Service Ad Appears in Journal-World
An advertisement promotes Journal-World Vacation Pak Service with contact options Pho VI8-1000 or carrier pickup. It also mentions auto mobility for teenagers and lists Gene Doane at 826 Mana as part of the ad.
MENTIONED IN THIS ARTICLE
Journal-World Vacation
Journal-World
Gene Doane
Mana
Wescoe Clears Desk And Looks to Future
Kansas University Chancellor W Clarke Wescoe begins packing his Strong Hall office as he prepares for Chancellor-elect Laurence Chalmers. He recalls the 1968 KU Missouri game and receives a Sterling Drug post as vice president for medical affairs. Wescoe plans to study the company in Minnesota before moving to New York City in September.
MENTIONED IN THIS ARTICLE
Lawrence
Kansas University
W. Clarke Wescoe
Laurence Chalmers
Wescoe
Journal-World Photo
Spicer
Minn
New York City
New York
Pepper Rodgers
Ku-Missouri University
Sterling Drug Inc
Minnesota
Green Lake
North Viet Nam labels U S pullout as crude farce
North Vietnam denounces Nixon and Thieu plan to withdraw 25 000 troops from South Vietnam by August as a crude farce and perfidious maneuver. Hanoi says the Paris peace talks show U S obstinacy and that Saigon remains under Quisling and warlover influence.
MENTIONED IN THIS ARTICLE
Paris
North Vietnam
Nixon
Nguyen van Thieu
United States
South Vietnam
Hanoi
Midway
U.S
Census in Douglas County Delayed Figures Hoped for July
County Assessor Darwin Rogers said Douglas County census figures are not complete but should be ready soon. State law requires presentation by July 15 for tax apportionment and salaries of elected officials. Prior total excludes Kansas University, Haskell Institute, and Baker University students. Lawrence population at 31,705.
MENTIONED IN THIS ARTICLE
Douglas County
Darwin Rogers
Rogers
State Board of Agriculture
Kansas University
Haskell Institute
Baker University
Lawrence
Journal-World Delivery Note From Local Office
A brief notice from the newspaper inviting readers to have the Journal-World mailed to their address. Provides contact: Ph. VE 3-1000 for subscription or home-delivery arrangements.
MENTIONED IN THIS ARTICLE
Ae Aran
Ph. VE
Early KU Enrollment Sets Summer Record at 5544
Kansas University reports a summer session enrollment of 5544 as classes begin. Registrar William L. Kelly notes this is 93 more than last year and projects final enrollment between 7100 and 7200. Lawrence campus has 4681 students, Medical Center Kansas City 863, with incredit summer totals near 6300.
MENTIONED IN THIS ARTICLE
Kansas University
William L. Kelly
Kelly
Lawrence
Medical Center
Kansas City
Also Mentioned on This Page
By Whayne, Kissenman
AP Business Writer
Bob Horton
LHS
Susan Hedman
Lawrence Afs
Nyc
Miss Iird
Creighton W. Abrams
Bulletin
Rane
Rte Erties
Strong Hall
Memorial Stadium
Mount Oread
David
Shattuck Military School
Faribault
Lyndon B. Johnson
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