Continental Minors Bank Drops Prime Rate to 18 Percent
Continental Illinois national bank cut its prime lending rate from 19 to 18 percent, the lowest among major banks since late April. Chase Manhattan and Crocker National Bank matched 18.5 percent, while others remained at 19. The move follows a broad decline in short-term rates since August, and reflects the base rate used for corporate borrowing.
MENTIONED IN THIS ARTICLE
Chicago
Continental Minors National Bank & Trust Co
Continental Iilingis
Chase Manhattan Bank
Crocker National Bank
San Francisco
Roger E. Anderson
Continental Illinois
Fred Silverman to lead new UA MGM entertainment firm
LA AP Fred Silverman former NBC ABC and CBS executive will head a new independent entertainment company affiliated with United Artists and Metro Goldwyn Mayer. The venture aims to cover all facets of the industry with George Reeves as partner and details to be announced by UA officials.
MENTIONED IN THIS ARTICLE
Los Angeles
Fred Silverman
United Artists
Metro- Goldwyn-Mayer
MGM
Silverman
NBC
ABC Entertainment
CBS
David Begelman
George Reeves
ABC
Food shortage sparks 10000 Polish strikes across towns
About 10,000 workers in Tomaszow Mazowiecki Niewiad and Zyrardow joined 24 hour or undetermined strikes over food shortages and rising prices. Solidarity leaders in Gdansk urged restraint pending government talks with a moderates led presidium headed by Lech Walesa.
MENTIONED IN THIS ARTICLE
Warsaw
Poland
Solidarity
Tomaszow Mazowiecki
Niewiadow
Piotrkow
Zyrardow
Here
Gdansk
Lech Walesa
Carter backs Saudi AWACS sale amid Middle East debate
Former President Carter joins Reagan in urging Senate approval of an $8.5 billion AWACS sale to Saudi Arabia. He calls the pledge a litmus test of American reliability and stresses benefits for Israel, regional security, and peace, while critics warn of risks if the deal falls into unfriendly hands. Ford also supports the lobbying effort, warning of possible damage to peace efforts in the region.
MENTIONED IN THIS ARTICLE
Washington
Jimmy Carter
Reagan
Saudi Arabia
America
Middle East
Senate
Carter
Capitol Hill
Ford
White House
Congress
Arizona
Anwar Sadat
Associated Press
House
Sam Nunn
Dga
Israel
Persian Gulf
Iran
Yale Prof Tobin Wins 1981 Nobel Prize in Economics
Yale University economist James Tobin won the 1981 Nobel Memorial Prize in Economic Science for his analysis of financial markets and how households and firms balance assets and debts in making expenditure, employment, production, and price decisions. Tobin, 63, Harvard educated, has led at Yale since 1955 and served on the Presidential Council of Economic Advisers in 1961-62. The award, part of a year with multiple Nobel prizes, carries a 1 million kronor purse.
MENTIONED IN THIS ARTICLE
Stockholm
Sweden
Yale University
James Tobin
Central Bank of Sweden
Swedish Academy of Sciences
Tobin
The
Academy of Sciences
Academy
Champaign
Ill
Harvard University
Yale
Presidential Council of Economic Advisers
Cowles Foundation For Economic Research
Carter wary of eavesdropping during Washington visit
Former President Carter, visiting Washington for two days, says he fears no one will spy on his talks and notes plans to sue The Washington Post over gossip alleging taped conversations at Blair House last January. He waits for attorneys before deciding on a suit. He also says Jackson Place may be as thoroughly bugged as Blair House.
MENTIONED IN THIS ARTICLE
Washington (Ap
Jimmy Carter
White House
Washington
Washington Post
Post
Reagan
Nancy
Blair House
Carter
Jackson Place
Jackson Place House
Jackson House
Veterans Administration
Fedral
V.A
Lawrence
Vermont St
Supreme Court to review privacy in paper bag searches
The Supreme Court agreed to decide if paper bags in a car trunk deserve the same privacy as sturdier containers. The case involves Albert Ross Jr of Washington who was convicted of heroin possession after police found heroin in a paper bag in his trunk without a warrant. The Appeals Court voided the conviction on other grounds, ruling Ross had no reasonable expectation of privacy in a paper bag beyond his possession.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
District of Columbia
Albert Ross Jr
Ross
U.S. Circuit Court of Appeals
Northeast Kansas Weather Outlook and Climate Notes
Cloudy with light drizzle tonight and a low of 58. Wednesday remains mostly cloudy with a chance of showers and a high near 70. Extended Thursday through Saturday bring slight rain chances, with highs in the 60s and lows in the 40s. Clinton Lake at 8 am shows temp 72, level 875.17, normal 875.5. Journal-World readings show Monday high 63, low 57, overnight 62, precipitation .07 inch as of 7 am, and record highs/lows for the date.
MENTIONED IN THIS ARTICLE
Kansas
Associor
Houston
Juneau
Kans City
toBa
Las Vegas
Little Rock
Elr
el Albany
Los Angeles
Albuque
Louisville
Amarillo
Memphis
Anchorage
Miami
Edy
Rm Asheville
Milwaukee Atlanta
Mpls-St.p
Edy Atlanta Cty
Er Nashville
Rm Baltimore
New Orleans
Edy Birminghm
Edy New York
Cr Bismarck
Edy Norfolk
Car Boise
Edy Okla City
Edy Boston
Elr Omaha
Edy Brownsvlle
Edy Orlando
Edy Buffalo
Edy Philadphia
Charlsta SC
Phoenix
Charlsta WV
Pittsburgh
Clr
Cheyenne
Edy Ptland, Me
Chicago
Ptland
Ore
Cincinnati
Cedy Rapid City
Edy Cleveland
Edy Reno
Elr Tulsa
Elr Helena
Washingtn
Honolulu
Wichita
King Juan Carlos I Meets Reagan in Washington
King Juan Carlos I of Spain arrives in Washington for defense talks and Spain's NATO bid. He and Queen Sofia attend a White House ceremony and state dinner, with officials noting Spain’s transition to democracy. NATO membership could shift Spain away from its U S security reliance.
MENTIONED IN THIS ARTICLE
Washington
Juan Carlos I
Spain
United States
North Atlantic Treaty Organization
Reagan White House
White House
Reagan
Sofia
Alexander M. Haig Jr
U.S
State Department
Juan Carlos
Haig
NATO
GAO Warns On Air Defense IFF Confusion Across NATO
U S and NATO pilots struggle to tell friend from foe in air operations as GAO reviews a classified report. Interoperability across 14 air forces is not yet agreed, with late 1980s target for usable equipment. The GAO urges close Pentagon oversight of NATO IFF rollout despite technical caveats and neutral country ambiguities.
MENTIONED IN THIS ARTICLE
Washington
U.S
NATO
General Accounting Office
GAO
Congress
Defense
Caspar W. Weinberger
Pentagon
Iceland
Alliance
Also Mentioned on This Page
Chicago Bank
Solidarity Presidium
Independent Union
Awacs Sale
David H. Hubel
Torsten N. Wiesel
Roger W. Sperry
California Institute of Technology
Oslo
Eustude — Ae A
Wednesa
Pera
mArom Servics
NOAA
US Dept of Commerr
Clinton Lake
Journal-World Temperatures
Sucress
King of Spain
Kansas City
Tiffany's Attic
Waldo Astoria
Silver Dollar City
the Travel Center
West
23Rd St
Southern Hills Center
Sal
Larry K. McElwain
Keith M. McElwain
Warren-Meelwain “Ony
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