Dollar Devaluation Sparks Global Market Slide
The prospect of a 5 percent dollar devaluation against gold triggered a global selloff. Major European banks in Paris and London bought dollars to curb losses while Swiss banks capped dollar trades at one million per customer. Frankfurt and Zurich hit new dollar lows, with the franc and pound also strengthening against the dollar as Tokyo saw a fresh yen peak. A Washington meeting of the Group of Ten loomed, fueling expectations of policy moves after Nixon's economic program.
MENTIONED IN THIS ARTICLE
Paris
London
Switzerland
Rome
United States
Washington
Nixon
Frankfurt
Zurich
Banque de France
Financial France
Tokyo
Devaluing Dollar To Have Limited Impact On Americans
AP reporting that a Rome meeting of Group of Ten officials debated dollar devaluation with no agreement. US resistance remains, while foreign calls seek higher gold values to lower the dollar. Experts say even if devaluation occurs it would not heavily hit American pocketbooks.
MENTIONED IN THIS ARTICLE
Jack Lefler
New York
Rome
Group of Ten
Washington
United States
Attorney And Client Fail To Show Up In Court
A St. Louis attorney Robert H. Wendt and his client Alvin Odell Chuck failed to appear for a 9am jury trial in Audrain County Circuit Court. Judge Kelso Journey ordered an application for a citation and a warrant for Chuck, with bonds forfeited at 350 and 2000 dollars. Wendt’s hearing is set for 9:30am December 18 to show cause why he should not be held in criminal contempt. Chuck faces forgery and theft charges from incidents in St. Louis and Mexico in February and June. The judge denied a continuance due to insufficient grounds. A warrant was issued for Chuck after multiple nonappearances.
MENTIONED IN THIS ARTICLE
St. Louis
Robert H. Wendt
Alvin Odell Chuck
Audrain County
Kelso Journey
Thomas T. Osborne
Chuck
Fabick and Co
Erdel's Hardware
Western Auto
Mexico
Journey
Wendt
Baltimore
Missing Plane Found At Rutledge
Two Illinois men were found dead in the wreckage of a plane missing since Wednesday. Pilot David Alan Clark from Norman and passenger Charles Eugene Mehl from Bloomington were identified by the highway patrol. The aircraft left Chillicothe about 11 a.m. before disappearing north of Rutledge, with Gustafsson reporting a forced landing in Kirkville. An examination noted red and blue metal possibly from a small plane tail section.
MENTIONED IN THIS ARTICLE
Kirksville
Illinois
Rutledge
Missouri
Highway Patrol
David Alan Clark
Norman, Ill
Charles Eugene Mehl
Bloomington
Martin Gustaffson
Moline
Chillicothe
Holtcamp Child Born in Audrain Medical Center
Mr and Mrs Steven D Holtcamp announce the birth of their daughter Kristina Gay Holtcamp born Wednesday at 11 58 am at Audrain Medical Center weighing 8 pounds 13 ounces. Grandparents are David H Whitehead Jr and James F Holtcamp of Mexico with great grandparents W H Holtcamp David H Whitehead Sr Ed Pryor and O W Nevins.
MENTIONED IN THIS ARTICLE
Steven D. Holtcamp
E. Promenade St
Audrain Medical Center
Kristina Gay Holtcamp
Holtcamp
A. P. Green Refractories Co
David H. Whitehead Jr
Route 2
Mexico
Bill Would Cut Missouri House To 100 Members
A proposed constitutional amendment would shrink Missouri's House from 163 to 100 and extend terms to four years. Even district candidates would run two years in 1974, odd districts four years in 1974. Other measures include tax shifts for funding schools and air pollution rules.
MENTIONED IN THIS ARTICLE
Jefferson City
Missouri
House of Representatives
House
Senate
Senate Judiciary Committee
State Tax Commission
James Baker
Ckansas City
Tree Turn-On At 75000-Bulb Christmas Tree Pole
The 75 foot flagpole at A P Green Refractories will glow with 5000 bulbs forming a tree and 250 bulbs atop an 8 foot star. The 7:00 Friday ceremony features Christmas carols by the A P Green choir, an address by William S Lowe, and a Santa visit. Employee children’ drawings will be shown on a screen.
MENTIONED IN THIS ARTICLE
United States Highway 54
A. P. Green Refractories Co
A. P. Green Choir
William S. Lowe
Santa Claus
Employe
Jaycees Prize Contest For Mexico Christmas Decor
The Jaycees sponsor a contest awarding prizes for the best home Christmas decorations in Mexico. Wes Houser chairs the committee with first, second, and third prizes of 35, 20, and 10 dollars. Judges will tour all Mexico streets Sunday night December 19 between 6 and 9 p.m. to view displays.
MENTIONED IN THIS ARTICLE
Mexico
Jaycees
Wes Houser
Wills
Houser
Senate Confirms Earl Butz as Secretary of Agriculture
The Senate confirmed Earl Butz’s nomination as secretary of agriculture 51 to 44 after a debate marked by farm policy misgivings. Supporters hailed his experience at Purdue, while opponents warned the pick favored corporate farming and hurt small farmers and hunger programs.
MENTIONED IN THIS ARTICLE
Washington
Senate
Earl Laurer Butz
Nixon
Purdue University
George McGovern
D- 5
Butz
America
McGovern
Robert Dole
Brian
Dole
Associated Press
Robert Griffin
Fred R. Harris
D-Okla
Andren
Harold Ki
Hughes
Iowa
R-Kans
GOP
Sens
Harris
Stuart Symington
D-Mo
D-Minn
Buzz
Jack Miller
A-Iown
Milton R. Young
R-N.d
James Pearson
R-Kan
Ezra Taft Benson
Purdue
Pearson
Senate conferees OK $15.8B tax cut bill
Washington AP report says Senate House conferees approved a $15.8 billion tax cut bill and delayed the start of a controversial presidential campaign financing plan until after the 1972 elections.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Terry Hall Named Manager of Green Co. Sales Training
Terry M. Hall has been named manager of sales training and development at A. P. Green Refractories Co. He will run sales training schools, product seminars, and coordinate customers' visits to Mexico while handling special marketing assignments. Hall joined Green Co. in 1967, previously served as safety director, and is a deacon and church board member with four children.
MENTIONED IN THIS ARTICLE
Larry E. Bishop
Farmers Home Administration
Mexico
Gary J. Ziegler
FHA
Linn
Mr. Bishop
John W. Bishop
Wellsville
Wellsville-Middletown
University of Missouri
Bishop
AG Club
Agricultural Economics Club
Farmhouse
National Guard
Betty Kay Logan
Wayne Logan
Middletown
Columbia
Terry M. Hall
A. P. Green Refractories Co
Hall
Green Company
Northeast Missouri State College
First Christian Church
Missouri State High
Bomb Rips Through Crowded Belfast Restaurant
A gelignite blast struck a downtown Belfast restaurant during lunch, injuring at least six as diners were warned to evacuate. A second explosion hit the Gestetner Company factory, with IRA suspects believed behind both attacks. The violence adds to 166 dead over 28 months.
MENTIONED IN THIS ARTICLE
Belfast
Northern Ireland
Gestetner Company
Irish Republican Army
Britain
IRA
Vivien Gibney
Queen’s University
Irish Republic
Miss Gibney
Dublin
Patrick Hillery
Also Mentioned on This Page
Snu
North Pole
Cindy Phyfer
Ben Phyfer
Daniel W. Phyfer
Route 3
Cindy
Santa
Ledger
Richard Vance
L. E. Bishop
Duroc
Monroe County Welfare Report
Ann Landers
Milwaukee
Dousman
Terry Hall
Green Co
School Activities Association
East Holm
Teana
Deborah
Daniel
David
Dail
Ireland
European Commission On Human Rights
Londonderry
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