Gold Market Turmoil Triggers US Rate Hikes 5 Percent
U.S. raises discount rate from 4.5 to 5 percent to curb gold buying pressure as Europe faces a surge in demand. Treasury and Fed convene a Saturday meeting with seven gold-pool nations to keep the $35 per ounce price, amid London market closure and ongoing crisis concerns.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Treasury Department
Federal Reserve
Washington
London
United States
Secretary of the Treasury
Henry H. Fowler
William McChesney Martin Jr
World Bank
George
Paris Gold Soars Beyond US Price Despite Controls
Paris market sees gold at 44.36 an ounce amid London's suspension and France withholding full cooperation. Bank of France intervenes to curb demand while De Gaulle seeks broader monetary fixes. traders doubt end of gold rush as Paris and London respond to policy moves.
MENTIONED IN THIS ARTICLE
Paris
United States
Hong Kong
London
France
Ormally
Bank of France
French Finance Ministry
Charles de Gaulle
U.S
Europe
Michel Debre
Five Day Forecast Gallery Weather Outlook
The forecast predicts mild temperatures and near normal rainfall after several cold days. Highs in the 50s and lows in the 30s with occasional showers and the heaviest rain Monday. Tonight will be windy and warmer with a few showers, low in the 40s. Saturday should bring considerable sunshine and continued warmth.
Crisis Ammunition Up To Johnson in Gold Cover Move
The Senate sent to President Johnson a bill to lift the 25 percent gold cover on U.S. currency and free U.S. gold reserves for use in the international crisis. It accompanies an excise tax bill aimed at fighting inflation and reducing the federal deficit as London signals a gold market shift.
MENTIONED IN THIS ARTICLE
Senate
Washington
Johnson
U.S
America
White House
Senate Finance Committee
London
United States
Bobby’s Lonely Walk
Sen Robert Kennedy walks toward the U S Senate in Washington as a lone national figure. He mutters about seeking the job while college students express disillusionment and question his decision.
MENTIONED IN THIS ARTICLE
Sen
Robert Kennedy
U.S. Senate
Washington
Bobby
Youths' bomb scare nets arrests in Akron area
In Akron Ohio a suspected accidental explosion after a boy touched a lighted match to a homemade bomb led to sheriff deputies rounding up 14 juveniles and seizing 38 bombs. One student from Copley High School was treated for burns. 21 more bombs were found at homes and 17 in a school locker. Two youths had bought bomb ingredients from a Chicago mail order house and sold them for 50 cents each.
MENTIONED IN THIS ARTICLE
Akron, Ohio
Summit County
Charles Kinney
Copley
Kinney
Copley High School
Akron General Hospital
Ralph W. Landemeier
Bath
John Boyd
Sheriffs’ Department
Chicago
Turmoil in Czechoslovakia Deepens as Aliases Die
In Prague, long time Communist President Antonin Novotny loses ground as two allies die by their own actions or resign. Deputy defense minister Vladimir Janko shot himself twice after a cabinet debate over Maj. Gen. Jan Sejna’s flight to the United States. Defense minister Bohumir Lomsky was also implicated in the affair. Another Novotny supporter Michal Chudik resigned as head of the Slovak National Council amid liberal pressure and calls for greater autonomy.
MENTIONED IN THIS ARTICLE
Prague
Czechoslovakia
Antonin Novotny
Enmatt
Taeba Darity Dan
Vladimir Janko
Aeputy Nen Fense
Jan Sejna
United States
Janko
Mlada Fronta
Bohumir Lomsky
Senia
Lomsky
Michal Chu
Dik
Slovak National Council
Chudik
Novotny
Alexander Dubcek
Say Sejna
Sejna
U.S
Washington
State Department
Department
Massive Saigon Sweep by 50,000 Allied Troops
The operation Quyet Thang involves 50,000 U S and South Vietnamese troops from six divisions and two task forces moving from Saigon toward the border with Cambodia. The plan targets Viet Cong harassing forces, aims to restore security, and includes sections of Saigon in the offensive.
MENTIONED IN THIS ARTICLE
Saigon
U.S
Quyet Thang
William C. Westmoreland
South Vietnam
5Th Vietnamese Ranger Group
Cholon
Ranger
Demilitarized Zone
Central Highlands
Mekong Delta
U.S. Navy
Haiphong
Also Mentioned on This Page
U S
Tire
Canada
Federal Reserve System
Woods
Jacques Rueff
de Gaulle
Ann Landers
Reesae
Valley News
London Gold Exchange
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