High Profits Reported By US Banks In 1970
US banks posted robust 1970 results with profit gains from lending and strong trust and investment activities. Keefe, Bruyette & Woods estimates put average bank profits about 9 percent higher than 1969, despite a cautious lending environment and widening spreads between borrowing costs and lending rates. Bank stocks rose about 2.6 percent in the first weeks of 1971 while the broader market slipped.
MENTIONED IN THIS ARTICLE
New York
J.P. Morgan & Co
Hartford National Corp
First Chicago Corp
First National Bank
Dallas
Valley National Bank of Arizona
Crocker National Corp
Calif
Keefe, Bruyette & Woods
Com
Pany
KBW
Bethlehem Steel to raise prices on construction steel
Bethlehem Steel Co plans higher steel prices for construction and shipbuilding despite President Nixon hints at restricting imports. Nixon to visit University of Nebraska to honor top ranked football team and speak on Youth in Our Society. U S and Vietnamese Cambodian forces push to reopen Phnom Penh sea highway. Rev Philip Berrigan and four others deny bomb kidnap plot charges as govt moves to discredit antiwar movement. Singapore prime minister warns of British unity crisis over sales to South Africa as Commonwealth leaders meet. Fire kills nine and injures 48 at a four story Louisville seniors home. London police capture four men attempting to break into the House of Commons.
MENTIONED IN THIS ARTICLE
Bethlehem, Pa
Bethlehem Steel Co
Nixon
Lincoln, Neb
University of Nebraska
Dope Seizure in raid nets up to $4000 value
Clay County sheriff officers with help from a Clay com officer confiscated narcotics valued at up to $4,000 in a raid at Liberty Missouri. Two men were being held for investigation as the probe continued.
MENTIONED IN THIS ARTICLE
Liberty, Mo
Clay County
Dole Sees Good Vantage on Senate Floor
Sen. Robert J. Dole says he will back Nixon from the Senate floor as GOP national chairman, stressing no quarrel with Leader Hugh Scott and predicting a full-time chairmanship. He plans wide speaking tours and defends the Nixon administration while avoiding a harsh partisan stance.
MENTIONED IN THIS ARTICLE
Washington
Robert J. Dole
Senate
Nixon
Kansas
Dole
GOP
Hugh Scott
National Party
Scott
Congress
Rep
Rogers C. B. Morton
Maryland
National Committee
Spiro T. Agnew
Banquet Awaits Ransomed Envoy
RIO DE JANEIRO AP Buckets of champagne and a welcome home banquet awaited Giovanni Bucher the Swiss ambassador kidnaped by terrorists 39 days earlier and ransomed by Brazil with the flight of 70 Brazilian prisoners to political asylum in Chile. The ambassador's butler began planning the banquet after Varig Airlines 707 took off for Santiago carrying the prisoners.
MENTIONED IN THIS ARTICLE
Rio DE Janeiro
Giovanni Bucher
Chile
Varig Airlines
Santiago
Pudahuel International
Bucher
Brazil
Bruno Piloa
Emilio Garrastazu Medici
U.S
Charles Burke Elbrick
Mexico
Nobuo Okuchi
Ehrenfried von Helleben
Popular Revolutionary Vanguard
Rio
Salvador Allende
Chilear
Foreign Ministry
Cubar
Algeria
Premarital sex rising in U S says professor
Dr Carlfred B Broderick of Pennsylvania State University reports increasing premarital intercourse across the nation. He notes women participate more freely except in the Deep South where tradition remains strong. In conservative areas the share rose from about 10 to 30 percent, while liberal regions climbed from 30 to 50 percent.
MENTIONED IN THIS ARTICLE
Los Angeles
Carlfred B. Broderick
Pennsylvania State University
Deep South
Broderick
University of Southern California
No Air Bag Ruling For Lighter Cars
Washington AP report says the Nixon administration will keep the July 1 1973 deadline for air bag installation but will exclude lighter weight car models and likely delay installation in all seating positions. Officials cite credibility goals and smaller manufacturers’ viability while resisting industry pressure. The plan targets front seats by 1973 with rear seats delayed and heavier models favored for earlier compliance.
MENTIONED IN THIS ARTICLE
Washington
Department of Transportation
Transportation Department
General Motors
Ford
To Close Gap In Pan Am Highway
The United States and Panama signed an agreement guaranteeing funds for the Darien highway project to complete the Pan American Highway from Alaska to South America. It will close the 250 mile gap between Panama City and the Colombian highway system with US funding of $100 million and Panama and Colombia providing the remaining $50 million.
MENTIONED IN THIS ARTICLE
Panama
United States
Darien
Alaska
South America
Panama City
Coombia
Former Monroe Nun Dies at 77
Sister Mary Eugenia Kelly 77 of the Benedictine Order died at Mount St. Scholastica Convent Atchison Kansas at 8 45 p m Wednesday She was born July 25 1894 in Monroe County near Stoutsville daughter of E S Kelly She taught Catholic schools in Indian Creek Palmyra Atchison and Mount St Scholastica for 47 years and served as librarian in Kaw Kansas City Funeral services will be in Atchison Friday at 2 pm
MENTIONED IN THIS ARTICLE
Paris
Mary Eugenia Kelly
Mount St. Scholastica
Atchison
Kan
Mary Eugenia
Joe
Dennis Kelly
Dave Mitchell
Charles
Eugene Kelly
Louis Ryan
Monroe City
Monroe County
Stoutsville
E. S. Kelly
Indian Creek
Palmyra
Kansas City
Kaw
Bus Caravan Cult Heads Back West
A caravan of 40 plus colorfully painted buses and trucks halted in Kansas City on the West Coast return trip to San Francisco. Led by Steve Gaskin, a 35 year old former teacher, the group claims 200 followers and includes children and elderly members. They practice vegetarianism and avoid leather, mix disciplines from various religions, and discuss birth control beliefs. Gaskin describes a growing movement with buses as living units and notes use of organic drugs as part of his spiritual journey.
MENTIONED IN THIS ARTICLE
Kansas City
San Francisco
Steve Gaskin
San Francisco State College
Gaskin
West Coast
Michael
Margaret
Ina May
New Administrator Named In Lincoln County
Gov. Warren E. Hearnes appointed Dorma C. Roberts of Silex as public administrator of Lincoln County. She succeeds William F. Martin of Troy, who resigned.
MENTIONED IN THIS ARTICLE
Jefferson City
Warren E. Hearnes
Dorma C. Roberts
Silex Democrat
Lincoln County
William F. Martin
Troy Democrat
Bookmobile schedule for Mexico Audrain County Library
The bookmobile visits for the week of January 22 include Mexico Audrain County Library routes. Monday at Elementary School 9:00 to 12:00 and Molino Station 1:30 to 2:15. Tuesday at Vandalia South Elementary 9:00 to 3:00 and Vandalia Branch 3:15 to 4:00. Wednesday Vandalia South Elementary 9:00 to 3:00. Thursday Centralia Middle School 9:00 to 3:00. Friday no schedule.
MENTIONED IN THIS ARTICLE
Mexico
Audrain County
Molino Station
Vandalia South
Vandalia
Centralia Middle School
Pleads Guilty Provided Wife Can Visit Cell
Bend Oregon AP knight 28 pleads guilty to first degree murder on condition he remarry his ex wife 25 and that the couple receive a three hour weekly conjugal visit in prison. Knight begins a life term at Oregon State Penitentiary in Salem after changing his plea at trial.
MENTIONED IN THIS ARTICLE
Bend, Ore
William Samuel Knight
Ronda
Knight
Oregon State Penitentiary
Salem
Bend
Atomic Energy Demonstrations At Schools
An Atomic Energy Commission lecture titled This Atomic World will tour Yan-Far High on Jan 27 and Mexico High on Feb 1 to teach students basic nuclear energy principles, sources, and uses. Larry P. Rogers, trained at Oak Ridge and holding a BS from Eastern Kentucky, will present a 40 minute program with electronic demonstrations of radiation sources and power generation for cities and medical uses.
MENTIONED IN THIS ARTICLE
Atomic Energy Commission On Atomic Energy
Yan-Far High School
Mexico High School
Larry P. Rogers
Rogers
Oak Ridge, Tenn
Atomic Energy Commission
Eastern Kentucky University
Also Mentioned on This Page
Webster Drive
Connie Woolridge
Ernest Branch
Tets
Richard Vance
Saigon
Phnom Penh
Philip Berrigan
Singapore
South Africa
Louisville
ONDON
Com- Jos
Chilean Air Force
Elizabeth McAlister
Thomas W. Clohese
Bergen County
Hackensack
N. J
Clohasey
Monroe
Hearing Aid
S. Jefferson Mexico, Mo
Walter Werner
Lincoln Co
MGM
Childrens
Matinees
Liberty
Metro-Goldwyn-Mayer
Metrocolor Ee