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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Mar 15, 1968

Page

10

Gold Rush Continues in European Markets Amid Volatile Prices

Gold surged on the Paris market reaching 44.36 dollars per ounce as speculation rippled across Europe. The Bank of France intervened to curb demand while London suspended trading under government decree and France stood apart from other nations.

Paris United States Hong Kong London France Bank of France Finance Ministry Charles de Gaulle U.S Europe Michel Debre Jacques Rueff de Gaulle Paris Exchange West Germany Germany Washington

US Raises Interest Rate to Stabilize Dollar in Gold Crisis

The Federal Reserve lifted the discount rate from 4.5 to 5 percent as the U S government convenes a Saturday meeting with seven gold pool nations to manage a surge in gold buying. The dollar’s fixed price at 35 dollars per ounce is defended while gold reserves exceed 24 billion.

Washington Europe London U.S Federal Reserve Board Treasury Department The Federal Reserve United States Federal Reserve System Secretary of the Treasury Henry H. Fowler William McChesney Martin Jr Central Bank Gold Pool Belgium Germany Italy Switzerland Netherlands United Kingdom

Senate Moves to Lift Gold Cover on U S Currency

The Senate sent to the President a bill to remove the 25 percent gold cover on U S currency and free the U S gold stock for international commitments. The Finance Committee approved an excise tax bill aimed at fighting inflation and trimming the federal deficit.

United States Senate Washington Johnson U.S America White House Senate Finance Committee London John J. Williams Finance Committee

Market gains after late-day drop on Fed rate move

New York brokers report the stock market reversing an early drop to post a solid gain after 2 p.m. as the Dow Jones average rises 8.82 to 839.23, despite the Federal Reserve Board increasing its discount rate to 5 percent from 4 percent. The session follows Thursday’s sharp loss tied to Arab-Israeli war concerns.

New York Federal Reserve Board Wall Street

Free Prescription Delivery Offer From Local Drugstores

Local listings announce free prescription delivery by Alno Tramediate Mail Service and All Raney Drug Store Atlanta, highlighting home service convenience for customers.

Alno Raney Drug Storen AtlVs

Green Wave Parade Lights Up Weekend Across Nation

A festive St Patrick’s weekend unfolds with Irish and honorary Irish crowds from New York to Philadelphia. Parades, green river dyeing, green lit Niagara Falls, and green ice at Nassau County rink showcase a nationwide celebration. Local officials consider St Patrick’s Day a legal holiday. Kennedy Boulevard adds to Philadelphia parade route.

New York St. Patrick Kevins Brians Mikes Tonys Abes Angelos Maxies Magonus Lucatus Patricius Britain Patrick Calpurnius France Ireland Chicago Civic Center Niagara Falls Nassau County Hewlett, N.Y San Francisco Joseph Alioto Carmel O’leary Italy Francis J. Lynch Pennsylvania St. Patrick’s Day Washington John F. Kennedy Philadelphia Fifth Avenue Clancys Kellys Callahans Shapiros

RFK to Reveal Plans Saturday in Washington

Sen Robert F Kennedy said he will announce Saturday morning in Washington whether he will seek the Democratic presidential nomination. He spoke to reporters at a Garden City business lunch and gave little indication of his leaning amid enthusiastic questions.

Garden City N.Y Robert F. Kennedy Washington New York Kennedy Nassau County New York City

Financier Harold Bache Dies in Sleep at Home

Harold L. Bache, head of Bache & Co. and a leading figure on Wall Street, died Thursday night in his sleep at his New York apartment. The prominent financier commanded attention as head of the world’s second largest stock brokerage firm.

the York Harold L. Bache Bache & Co Kansas University Journal-World Penn Gardens New York Chet Lawrence Howard Arndt Bruce Sloan

Skies to Clear Tonight with Warmer Weekend Outlook

Clouds that covered eastern Kansas this morning are expected to diminish by evening. A cool front trailing over the city brings partly cloudy skies and cooler temps with a low near 35 tonight. Saturday should be partly sunny and warmer with a high around 60, and the weekend looks mild with little rain.

Kansas Weather Bureau

Republicans Pick Their Delegates Williams Backed

The Douglas County Republican Central Committee elected 24 delegates and alternates to district and state GOP conventions and passed a resolution backing Odd Williams as a national convention delegate. County chairman J. D. King led the meeting at the Ho tel Eldridge with about 35 attendees.

Douglas County Republican Central Committee Odd Williams Eldridge J. D. King Williams Overland Park King John Anderson Topeka J. J. Wilson Morris Kay W. C. Hunsinger W. W. Nash Wally Reid Charles Lacey Don Hults Gertrude Clark Robert Hughes Skipper Williams Fred Ellsworth Dennis Adams Raymond Rice James Selig Travis Glass Ellamay Kay Arthur Winchell Phil Godwin Imogene Webster Earl Nehring Elsie Hemphill Ken Giffin Ken Dodderidge Paul Wilson Maud Ellsworth Carl Spray

50 000 U S Vietnamese Troops Begin Major Saigon Offensive

The U S and Vietnamese forces launch Quyet Thang a major sweep between Saigon and the Cambodian border involving 50 000 troops from six divisions and two task forces. They report 215 enemy killed 22 suspects captured and three large arms caches found while U S losses total 11 killed and 94 wounded.

Saigon U.S Quyet Thang

Drought Ends as Douglas County Reopens Wells

Douglas County commissioners on a rainy day ended a 373 day drought after approving about 1300 for drought relief well repairs. Harley Lyon and Hylu ard Maichel will operate under county contract. Repairs exceed the drought fund by 1000 while extra funds come from the general fund.

Douglas County Harley Lyon Route 2 Overbrook Hyluard Maichel Richland Walter Kampschroeder Kampschroeder T.ee L. D. Rice Rice Riverside Wakarusa

Fighting erupts after Thursday KU game in Allen Fieldhouse

After Great Bend beat Wichita Southeast 41-39 at the Kansas Class AA tournament, fights broke out on the Allen Fieldhouse floor around 3:15 p.m. Law enforcement used mace to disperse white teen spectators. No arrests were made. one Great Bend player suffered a lip cut but would play next day.

Allen Great Bend Wichita Southeast Richard Stanwix Lawrence Wichita Stanwix Journal-World Craig Thurman Jim Bebergall George Medill Leavenworth

Gene Doane Aims to Be Your Insurance Agent Ady

Local advertisement features Gene Doane promoting his services as an insurance agent for Ady. The brief notice highlights personal outreach and invites readers to contact him for coverage options.

Gene Doane Ady

No Early Effect Seen Here From Bank Rate Boost

Local bankers see no immediate impact on consumer rates from the Federal Reserve’s rise of the discount rate from 4 to 5 percent. A Journal-World poll finds most institutions will decide in days whether to raise rates, with none planning an immediate hike. The nine district banks including Boston, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City and Dallas now face uniform implementation over weeks.

S. 12 Federal Reserve Sae Kansas City St Louis Journal- World Federal Reserve Board Britain Boston Cleveland Richmond Atlantac Chicago St. Louis Minneapolis Dallas Federal Reserve Banks

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