Fed Cuts Rate To Aid Economy
Washington AP reports the 1970 economy showed the first GNP decline since 1958 with a 5 percent price rise. The Fed cut its discount rate from 5.14 to 5 percent, the second cut in two weeks, aiming to spur business and consumer activity amid inflation and high unemployment. Housing starts rose to a 20 year high in December as rates fell.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Nixon
Fed
Commerce Department
GNP
William Proxmire
Dwis
Senate House Economic Committee
Proxmire
Walter J. Hickel
Interior
Harold C. Passer
Federal Reserve
Treasury
Bethlehem Steel
U.S. Steel
Luckner Rites This Afternoon
Funeral services for Mrs. Anna Luckner were to be this afternoon at the Arnold funeral home. Rev. John Blass of Rush Hill Community Church officiated. Burial was to be in Benton City Cemetery with organ music by Mrs. John W. Willer. Pallbearers included Edwin Lierheimer John L. Farris Elbert Wenger Wallace Cowherd Robert Tratehel and Wesley Pehle.
MENTIONED IN THIS ARTICLE
Anna Luckner
Arnold Funeral Home
John Blass
Rush Hill
Benton City Cemetery
John W. Willer
Edwin Lierheimer
John L. Farris
Elbert Wenger
Wallace Cowherd
Robert Tratehel
Wesley Pehle
Two Area Cadets Earn MMA Scholastic Honors
Missouri Military Academy high school cadets Kevin D. Gregory of Middletown and John F. Reddick of Mexico were cited for superior scholastic work in the fourth grading period. Honor points reflect letter grades and section level under Lt. Col. Eugene Lamm. Gregory earned 7 points and Reddick 10 points.
MENTIONED IN THIS ARTICLE
Missouri Military Academy
Eugene Lamm
MMA
Kevin D. Gregory
Wendell 0. Gregory
Middletown
John F. Reddick
John Reddick
Mexico
Press caucus aims to settle leadership and loyalty fights
Washington Democrats gather at 10 am to resolve leadership contests and seniority disputes as party loyalist tensions rise. AP reports on labor talks looming over the U.S. mails, 1970 GNP decline, and 5 percent price surge with Fed easing.
MENTIONED IN THIS ARTICLE
Washington
Grissom Widow Sues for 10 Million Over Apollo Fire
Betty Grissom the Houston widow of Virgil I Grissom sues North American Aviation Rockwell and subsidiaries for five million for her and five million for his estate claiming negligence in the January 1967 fire aboard the Saturn rocket that killed Grissom Chaffee and White. The suit cites defective fire extinguishing and emergency egress and wiring deficiencies.
MENTIONED IN THIS ARTICLE
Titusville, Fla
Virgil J. Grissom
North American Rockwell Corp
Virgil I. Grissom
Betty Grissom
Houston
Brevard County
Roger B. Chaffee
Edward H. White II
Chaffee
Blue Ribbon Board of Review
National Aeronautics and Space Administration
Grissom
Kennedy Space Center
North American
North American Aviation, Inc
Rockwell Standard Corp
Rockwalls Standard Company
Ledger prints Mexico scenes with vivid news pictures
The Ledger showcases daily news pictures from Mexico and Led gerland highlighting events and scenes of local interest. Last year the paper ran 61 024 square inches of locally engraved imagery across its copies.
MENTIONED IN THIS ARTICLE
The
Ledger
Mexico
Ledgerland
Apollo 14 Countdown Test Ends With Delay
Apollo 14 launch team completed a six day countdown test for the January 3 moon mission at Cape Kennedy. A fuel loading problem caused simulated liftoff to run nearly five hours late as the automatic system loading 20 228 gallons of liquid oxygen in the third Saturn stage was switched to manual. The crew Alan B. Shepard Jr Stuart A. Roosa and Edgar D. Mitchell planned several hours of rehearsal aboard the Saturn 5.
MENTIONED IN THIS ARTICLE
Cape Kennedy
Fla
Alan B. Shepard Jr
Stuart A. Roosa
Edgar D. Mitchell
Unionist Opposes President's Plan in Construction Wages Talk
Washington AP reports AFL CIO Sheet Metal Workers President Edward J. Carlough led about a dozen union leaders opposing President Nixon's voluntary wage-price slowdown for construction. He warned a wage freeze would be unfair and cautioned against limiting wages only in construction. The group and industry reps will report back within 30 days after Nixon rejected outright controls and Davis Bacon suspension proposals.
MENTIONED IN THIS ARTICLE
New York
Nixon
White House
Bethlehem Steel
U.S. Steel
Bethlehem
Commerce Department
General Motors
Washington
Edward J. Carlough
Aflcio Sheet Metal Workers
Carlough
Construction Industry Collective Bargaining Committee
Army To Check Calley Sanity At Fort Benning
Army psychiatrists with Vietnam experience will examine Lt. William Calley Jr. to assess his sanity on My Lai's day of dying. The defense psychologist testimony prompted a two month trial recess until Feb 16. Dr. Albert La Verne testified Calley had a compulsion to carry out his duty as an officer. A sanity board will conduct the evaluation at Walter Reed Medical Center in Washington.
MENTIONED IN THIS ARTICLE
Ft, Benning
Vietnam
William Calley Jr
My Lai
Calley
Callay
Albert la Verne
la Verne
Col
Reid Kennedy
Praeteu
Walter Reed Medical Center
Washington, D.C
Management Club Hears WU Speaker
Art Vervack of Washington University spoke to about 150 managers at the A. P. Green Refractories Co meeting at the Empire Club. He cited recognition and feeling part of the team as key employee concerns and praised Texas Instruments for maintaining open communication with a 40,000 staff, noting a successful cost reduction through joint problem solving. A. A. Mitchell received a 30 year service certificate from President William S. Lowe. Guest Bill Glunk of Tarentum attended.
MENTIONED IN THIS ARTICLE
Art Vervack
Washington University
St. Louis
A. P. Green Refractories Co
Empire Club
Vervack
Ralston Purina Co
Vince Lombardi
Green Bay Packer
Texas Instruments Co
Texas Instruments
A. A. Mitchell
William S. Lowe
Bill Glunk
Tarentum
Theft Ring Stole Cars To Fit Orders
A major car theft ring operating in St Louis and Franklin County led to 11 arrests at a Stanton farm when 131 officers raided it. About 75 cars in various stages of dismantling were found. the ring allegedly took cars to fill orders from St Louis body shops. Adults held without bond. a woman faced a concealed weapon charge. a juvenile was turned over to authorities.
MENTIONED IN THIS ARTICLE
UNION
St. Louis
Franklin County
Stanton Sunday Hight
Missouri
Franklin County Sheriff's Deputies
Stanton
U.S. 66
H. Bill Miller
Robert Hart
Nana
Lavonne Brogan
William Ziegler
Anita
Ziegler
Charles
Sullivan
Morgan
Green
Charles Bailey
Charles Schwaertz
James Quigley
St. John
Fort Fort Leonard Wood Public Sale Scheduled
Public sale at Fort Leonard Wood scheduled for February 4 by the property disposal officer. Items include tents typewriters refrigerators and boats.
MENTIONED IN THIS ARTICLE
Fort Fort Leonard Wood
Fort Léonard Wood
Moon Rover Cost Rises as Apollo Flight Nears
Boeing confirms the Lunar Roving Vehicle for Apollo 15 will cost about 231 million dollars, 60 percent above the original contract. Despite early delays, officials say testing is on schedule and a flight-ready rover is due for the July 25 mission with two astronauts, three flight vehicles planned for final flights.
MENTIONED IN THIS ARTICLE
Seattle
Boeing Co
Washington Post
Boeing
Earth
NASA
General Motors Corp
Returns Home Of Mrs M W Fardwell After Stay
Mrs M W Fardwell has returned to her home in Montgomery City after residing two months at Phillips Home.
Avery Heads Ways and Means in Senate
Jefferson City AP report notes Sen. Donald L. Manford Democrat Kansas City begins as chairman of the Missouri Senate Appropriations Committee replacing Sen. T D McNeal. Omer Avery is named chairman of Ways and Means shifting tax bills oversight. Several committee chairmanships updated including Aviation Higher Education Public Health Apportionment Banks Judiciary and Budget Control reflecting retirements and election results.
MENTIONED IN THIS ARTICLE
Jefferson City
Kansas City
Donald L. Manford
Missouri Senate Appropriations Committee
T.D. McNeal
D-St
Ranford
House
Senate Appropriations
Omer Avery
Troy
Richard Southern
Monroe City
Southern
Senate
J. F. Patterson
DSI. Ann
Albert M. Spradling
Dcape Girardeau
Banks, Banking and Financial Institutions Committee
Spradling
Jack E. Gant
Maurice Schechter
Dcreve Coeur
Judiciary
John E. Downs
Sen. Patterson
Sen
McNeal
State Budget Control
Committee chairmen named for Missouri Senate panels
The Missouri Senate announces committee leadership for key panels. Gant becomes chairman of the Fees Salaries Resolutions and Miscellaneous Bills Committee, replacing Sen Young. Other chairs include A Basey Vanlandingham Agriculture, John J Johnson Correctional Institutions, Lawrence J Lee Criminal Jurisprudence, Nelson B Tinnin Education, Ike Skelton Elections Military Veteran Affairs, Franklin Payne Employment Security, John D Schneider Workmen's Compensation, Earl R Blackwell Industrial Development, Edgar J Keating Insurance, Edward T Linehan Labor and Management Relations, Robert Pentland Local Government, Jasper M Brancato Municipal Corporations, Truman B Wilson Mental Health, William B Waters Roads and Highways, John W Joynt State Departments, Normal L Merrell Conservation, and Cason Rules Joint Rules.
MENTIONED IN THIS ARTICLE
Gant
Sen
Young
Agriculture
A. Basey Vanlandingham
Columbia
John J. Johnson
Affton
Lawrence J. Lee
St. Louis
Nelson B. Tinnin
Hornersville
Ike Skelton
Lexington
Franklin Payne
John D. Schneider
Florissant
Earl R. Blackwell
Hillsboro
Edgar J. Keating
Kansas City
Edward T. Linehan
Robert Pentland
Jasper M. Brancato
Truman &. Wilson
D-St. Joseph
William B. Waters
Liberty
John W. Joynt
Normal L. Merrell
D‘monticello
Cason
Students Aid Another School in Ethopia Fundraiser
STATE COLLEGE Pa AP state college high school students through the International Relations Club raise funds to build a two room school in Upper Volta West Africa. The Peace Corps will oversee construction and teach. The 1 100 student school has gathered $2 000 for the project.
MENTIONED IN THIS ARTICLE
State College
State College High School
Ethiopia
Peace Corps
Co. Fast Des
Upper Volta
Also Mentioned on This Page
Luckner
Miuts
Winton M. Blount
U.S
Detioit
United Auto Workers
Chrysler Corp
San Francisco
San Francisco Bay
Saigon
Indochina
Laos
Pathet ‘An
FY. Benning, Ga
Nikolai V. Podgorny
United Arab Republic
Anwar Sadat
Alexandria
U.S.S.R
Egypt
Sadat
Apollo
Patton
George Karl “Scote
Marden Patton
Fer McCarthy Fronk Scrattwer
McCarth -Tranklin Schatener
Moon Rover
Avery
Ways & Means
Financial Statement
Cleaze Ins Savings Association
Cees
Federal Home Loan Bank
Federal Home Loan Bank System
FSLIC
Carriet
Edward L. Rodes
Member
Jefferson AT Liberty
Citizens Savings Association
Lts Saver
Federal Savings & Loan Insurance Corporation
Hinds
Association
John G. Baker
Robert W. Olfis
Exec
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