Europe markets reopen as dollar floats after Nixon move
European currency exchanges resumed trading with cautious moves as the dollar weakened against most currencies. West Germany saw a 6.4 percent devaluation to 3.4250 per dollar while Britain allowed the pound to float, with the dollar dipping then recovering. Japan's yen faced heavy pressure, with the Bank of Japan spending over $2.5 billion to defend the old rate amid scarce quotations.
MENTIONED IN THIS ARTICLE
London
UPI
Nixon
West Germany
France
Italy
Belgium
Luxembourg
Holland
Indonesia
Hong Kong
U.S
Tokyo
Japan
Bank of Japan
Nuisance enforcement begins over defunct Minnie Pearl signage
City officials launch nuisance enforcement under the new ordinance. Inspectors will issue notices urging voluntary corrections, including dismantling two active signs at Minnie Pearl Restaurant 610 N H Street. City Council may set a public hearing to decide if the site is a nuisance amid potential legal action. Weather calls for patchy clouds and warm highs in the mid 70s to mid 80s with coastal river tides.
MENTIONED IN THIS ARTICLE
Nicholas Bevilacqua
Bevilacqua
N. H Street
New City
Lompoc to appeal wage and price freeze over utility rates
City administrator Gene Wahlers and Mayor Art Scott plan to petition San Francisco's Exceptions and Exemptions Board to exempt Lompoc utilities from the wage and price freeze. They argue the order should not raise property taxes and threaten a special council session if exemption is denied.
MENTIONED IN THIS ARTICLE
Nixon
Lompoc
Gene Wahlers
Art Scott
San Francisco
Wahlers
Exemption Board
Ky quits South Vietnam presidential race
Vice President Nguyen Cao Ky withdrew from the October election citing maneuvers by President Nguyen Van Thieu. He proposed both leaders resign to allow a new vote within three months, after the supreme court briefly placed his name on the ballot despite previously ruling him ineligible.
MENTIONED IN THIS ARTICLE
Duong van ‘Big
Minh
U.S
Ellsworth Bunker
Thieu
Republic of Vietnam
San Clemente
Nixon
Bunker
Nguyen van Thieu
Senate
Supreme Court
General plan decision hoped for by Vandenberg Village advisory panel
Citizens advisory committee members met to finalize General Plan proposals for Vandenberg Village tonight at 7 30 p m in the Veterans Memorial Building. The group has reviewed a Burton Mesa Boulevard condominium project near Constellation Road and two cluster development sites with local residents opposing the condo plan. The county formed the committee in the early 1960s and reactivated it to study a Lompoc area highway circulation element and now Village proposals. Gaylen Jackson chairs with members including Ebbert Holmdahl Horn Sinclair Phelps Rivaldi Schuyler Smith Jr Isaacson Poett Davis Sudden Romain Craig Olson Stillman Mayer Smith Kranz Young.
MENTIONED IN THIS ARTICLE
Vandenberg Village
Veterans Memorial Building
Burton Mesa Boulevard
Constellation Road
Lompoc
Gaylen Jackson
William C. Ebbert
Walter Holmdahl
Stanley E. Horn
Ian Sinclair
Virgil Phelps
Henry Rivaldi
Darrell F. Schuyler
Art Smith Jr
C. B. Isaacson
Dibblee Poett
Gordon Davis
Charles Sudden
Alfred Romain
Harley Craig
John W. Olson
Kenneth R. Stillman
Leslie Mayer
Beverly Smith
Jane Daly
Robert L. Blanc
Brenda D. Kranz
Hugh D. Young
No raise in mortgage interest amid Nixon policy moves
The Federal Home Loan Bank Board announced a press conference by chairman Preston Martin to discuss potential actions to stabilize mortgage rates under Nixon policies. The dollar weakened on world markets as critics call for stronger federal action while IMF officials urge prompt currency coordination.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Home Loan Bank Board
FHLB
Nixon
Preston Martin
Martin
Tme
United States
West Germany
Britain
France
W. J. Usery Jr
Texas
Crawford Martin
Guy Preston Smith
Robert Calvert
International Monetary Fund
IMF
Pierre Paul Schweitzer
Allied forces hit North Vietnamese bases near DMZ
Allied air, artillery and ground forces killed 76 Communists in a strike on a battalion headquarters near the Punchbowl area, then targeted a second base near the DMZ. U.S. aircraft and South Vietnamese jets bombed positions inside the DMZ while infantry units entered the Punchbowl and found 76 dead. Cambodian convoy clashes near Phnom Penh followed with naval escorts returning fire as 128 fighter bombers were called in.
MENTIONED IN THIS ARTICLE
Saigon
UPI
Demilitarized Zone
Dmz
U.S
Stewart Kellerman
Khe Sanh
Kellerman
Cambodia
Bend
Mekong River
Phnom Penh
Singapore
South Korea
Also Mentioned on This Page
Europe
Ocean
National Labor Relations Board
Wahler
South Vietnam
Scott
Ryan Park
Phyllis Learned
Charlotte Benton
High Sierra
Mt Whitney
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