Dollar Value Edges Up as Markets Open Amid Financial Turbulence
The dollar rose to 7.90 marks from 8.21 as markets opened and Britain floated the pound in a surprise move. London and Zurich reopenings screen the crisis while Swiss restrictions block foreign investment and real estate purchases. Japan looks to reopen, and six Common Market nations pledge to defend the lira with dollar support and tighter currency swings toward eventual EMU unity. Britain quits the Smithsonian tilt as Denmark signals larger currency flex.
MENTIONED IN THIS ARTICLE
London
Britain
U.S
American Express
London Exchange
Zurich
Takeo Mizuta
Tokyo
Switzerland
Nello Celio
Celio
West Germany
France
Belgium
Netherlands
Luxembourg
Italy
Washington
Denmark
Miner Union Chief Boyle Sentenced on Embezzlement Case
UMW president Boyle received five-year and two-year terms with fines totaling 40,000 dollars after being convicted of transferring 5,000 dollars from the union fund to an account for campaign contributions. Judge Richey suspended part of the sentence and placed Boyle on probation after serving the other counts. The ruling followed debates over the legality of using union funds for political contributions and noted a separate Supreme Court decision. Boyle, 70, appealed emotionally as his lawyer argued for leniency, while prosecutors urged a jail term as a deterrent.
MENTIONED IN THIS ARTICLE
Landrum-Griffin
Boyle
U.S
Richey
U.S. Board of Parole
Plato Cacheris
Supreme Court
Cacheris
High Court
Richer
Asst. Attv
Charles Ruff
General Union
Justice Department
Great Britain
Montana
Ruff
United Mine Workers
John L. Lewis
Labor Department
Plank to Oust Electoral College Acknowledged by Dems
Democratic Platform Committee moves to abolish the electoral college after a Florida delegate cites Gov. George Wallace endorsement. Wallace favored abolition, arguing 20 to 25 million supporters plus GOP defections could swing this year’s election under a new system.
MENTIONED IN THIS ARTICLE
Washington
Democratic Platform Committee
George C. Wallace
Wallace
Gov. Wallace
Norman Bie Jr
Florida
No Smoking Suit Seeks Ban at UCLA Pauley Pavilion
Chan P. Thomas sues to stop smoking at all public events in UCLA Pauley Pavilion claiming nonsmokers have a right to air free of unnecessary pollution. The case raises a landmark challenge to public smoking policies at university venues in Los Angeles.
MENTIONED IN THIS ARTICLE
LOS Angeles
Chan P. Thomas
Ucla
Pauley Pavilion
15 000th Town and Country mobile home rolled out
Town and Country Mobile Homes Inc at Lawton plant announced the 15 000th unit sold. Hollis Carter, Dallas Tyler distributor, bought the home. The Oklahoma dealer network grew from three to twelve in a year, boosting state sales 200 percent. Plant staff and local officials attended the press conference.
MENTIONED IN THIS ARTICLE
Casey Church
Lawton
Town and Country Mobile Homes Inc
H. T. Lindsey
Lindsey
Hollis Carter
Dallas
Tyler
Tex
Oklahoma
Carter
Town and Coun
Lawton Industrial Foundation Inc
J. T. Neal
Don Whitaker
Town and Country Mobile Home Inc
Gandhi Bhutto Meet In India For Peace Talks
Prime Minister Indira Gandhi arrived in Simla for a one day peace talks with Pakistan's President Zulfikar Ali Bhutto. She said she is ready to discuss anything relevant to re establish peace and deny using 9300 POWs as bargaining chips. Bhutto said he comes with an open heart but will not compromise vital national interests.
MENTIONED IN THIS ARTICLE
Simla
India
Indira Gandhi
Zulfikar Ali Bhutto
Pakistan
Mohammed Ayub Khan
Tashkent
Soviet Union
Dawn
Flood Recedes as Eastern States Rebuild and Aid Flows
Relief efforts move to Wilkes-Barre with food clothing and medicine centers opened. In New York Big Flats struggles as storage tanks leak 500000 gallons while Ohio Ohio River area reports marina damage and several boats sunk. Virginia Washington Petersburg faces limited floods and Richmond water is rationed at five gallon points. Gov Shapp seeks swift federal aid as disaster areas expand across the region. Almond New York closes six days of evacuation ends with births and injuries among returning residents.
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Wilkes-Parre
Wilkes-Barre
Peters
Big Flats
New York
Ohio
Cincinnati
Coast Guard
Virginia
Petersburg
Appomattox
Richmond
Linwood Holton
Maryland
Pennsylvania
Milton J. Shapp
Nixon
Delaware
West Virginia
North
South Carolina
Almond
N.Y
Alfred- Almond Central School
Early Indian Peace Medals and Presidential Gifts
Long before official inaugural medals, the U.S. Mint struck Indian Peace Medals later called the Presidential Series. Early presidents presented these medals to Indian chiefs as tokens of friendship.
MENTIONED IN THIS ARTICLE
U.S
Secretary bird gets its name from quill-pen look
Early naturalists named the secretary bird of Africa after noticing a tuft of long black head feathers that resembled a secretary with quill pens in his hair, a description cited by Encyclopaedia Britannica.
MENTIONED IN THIS ARTICLE
Africa
Encyclopaedia Britannica
Court split over Army surveillance and grand jury rights
The court debated Army intelligence gathering with justices split along party lines. Griswold said surveillance stopped and lawful though improper, while Ervin pressed antisurveillance laws. Douglas dissented, arguing no constitutional authorization for Pentagon civilian surveillance. In a separate 5 4 decision Brennan backed grand jury witnesses against compelled testimony in illegal wiretapping cases.
MENTIONED IN THIS ARTICLE
Congress
U.S
Erwin N. Griswold
Ervin
Burger
Lyndon B. Johnson
Detroit
William O. Douglas
Pentagon
Rehnquist
Nixon
Harry A. Blackmun
Lewis F. Powell Jr
Byron R. White
Douglas
William J. Brennan Jr
Potter Stewart
Thurgood Marshall
Brennan
Uneasy Start Marks Start Of Cease-Fire
In Belfast and Londonderry a fragile cease-fire begins amid gunfire and uprisings. IRA leaders claim the pause is to show strength while banks were robbed to fund the conflict. Nine killed in four days and tensions rise as British troops withdraw to avoid provocation.
MENTIONED IN THIS ARTICLE
Belfast
Londonderry
IRA
Provisionals
Newry
Northern Ireland
Lawmaker Proposes Buyback to Halt Handgun Sales
A Senate bill aims to end most handgun sales by allowing individuals and dealers to surrender guns for compensation while preserving sales to police and researchers. Two senators were absent for the vote as Hart plans a broader ban as a possible substitute.
Lawton Council Sets Public Fireworks and Ordinance Study
The Lawton city council plans an ordinance to ban distribution to parked vehicles and to study distribution laws at local residences. It approves supervised July 4 fireworks at Elmer Thomas Park and Lawton Airport from 6 to 11 p.m. with police and fire supervision. It also donates a 60 year old city printing press to the Museum of the Great Plains and funds 25 street lights in Crosby Park, Great Plains, and Sherwood additions. State Health permits for sanitary lines at Rodney Worthen and Kimberly Creek Apartments are accepted and local rent-supplement participation is approved. The next meeting is moved due to the holiday.
MENTIONED IN THIS ARTICLE
New Manville Redman
Elmer Thomas Park
Lawton
Museum of the Great Plains
Crosby Park
Great Plains
Sherwood Additions
State Health Department
Rodney Worthen
Kimberly Creek
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Maygins
Cameron College
North Hall
Ed Meece
Sean MacStoifain
Andersonstown
MacStoifain
Ulster
Irish Republic
David O’connell
William Whitelaw
Whitelaw
Hugh Scott
R-Pa
Robert C. Byrd
D-W.va
Hart
Bayh
Senate
Pucey
VU Tal Ee Bae National Bank
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Sheridan
Raulston 5
DIAL
Raulston Furniture