U.S. Discount Rates May Rise Amid Credit Tightening Signals
High government sources predict a rise in the Federal Reserve discount rate after banks hike the prime rate to 7 percent. The potential 2 point gap between discount and prime may prompt the Fed to narrow the spread to curb bank borrowing from the Fed for relending. Officials warn tighter credit could dent housing and municipal finance but slow corporate expansion, aiding anti inflation efforts.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Federal Reserve Board
Federal Reserve Banks
Reserve Board
Fed
Federal Reserve System
Anguilla Angers Explodes As British Paratroopers Arrive
Five plane loads of British paratroopers and police experts depart for Anguilla as tensions rise. Prime Minister Harold Wilson convenes generals and advisers while secrecy cloaks the operation. Anguilla’s self proclaimed president Webster mobilizes a 250 man force amid historical rivalries with St. Kitts and Nevis.
MENTIONED IN THIS ARTICLE
London
Scotland Yard
Caribbean
Anguilla
Harold Wilson
Rothesay
Antigua
Rhyl
Minerva
Parachute Regiment
Atlantic
Ronald Webster
St. Kitts and
Nevis
Robert Bradshaw
St. Kitts
Foreign Office
William Whitlock
Sabotage Ruled Out In Venezuelan Jetliner Crash
Maracaibo Venezuela AP officials say sabotage is unlikely in the DC9 crash that killed at least 155 people, including 46 U.S. citizens. The plane from Maiquetia, after a 45 minute stop, plummeted during takeoff, hitting a neighborhood and destroying 12 homes.
MENTIONED IN THIS ARTICLE
Maracaibo
Venezuela
Emiliano Maldonado
Jose Rodriguez Silva
VIASA
Maiquetia
Caracas
Grano de Oro
Arthur Hughes
U.S
Miami
Rafael Caldera
Oid
Saigon-foe drive repelled as 10000 troops push northwest
AP reports more than 10000 American troops launch a major counteroffensive 40 miles northwest of Saigon to halt a Viet Cong and North Vietnamese push toward the capital. Casualties include 28 enemy killed in air and artillery strikes, with more clashes reported along the Saigon defense corridor.
MENTIONED IN THIS ARTICLE
Saigon
U.S
7Th Division
1St Air Cavalry Division
11Th Armored Cavalry Regiment
Creighton W. Abrams
Egyptians Israelis Duel At Suez Canal
Beir ut AP reports heavy fighting along half the Suez Canal with Egyptian and Israeli gunners exchanging fire from Port Taufiq to Suez. The clash ends a four day lull as Cairo and Tel Aviv trade detonations and Cairo warns of action against concentrations on the east bank.
MENTIONED IN THIS ARTICLE
Suez Canal
Beirut
Cairo
Port Taufiq
Suez
Two Hijacked Flights To Cuba Boost 1969 Total
Miami AP reports two airliners hijacked to Cuba on the same day, the 19th and 20th sky piracy acts of 1969. An American jet from Atlanta to Augusta diverted to Havana after a bomb threat, while a Faucett Peru jet previously landed there. Crew and passengers recount calm handling and surprise upon arrival as Cuba welcomed the planes.
MENTIONED IN THIS ARTICLE
Cuba
Miami
Delta Airlines
Atlanta
Augusta
Havana
Jose Marti
Peru
Fidel Castro
Lima
Arequipa
Guayaquil
Ecuador
Delta
Carolyn Wooley
Dallas
Tex
Ron Wessenberg
Cadie Wheaton
Middletown Area Weather Outlook This Week
The Middletown forecast calls for a chance of rain in the Miami Valley this evening and tonight. Wednesday highs reach the 60s with a warmer night and lows near 50. Yesterday’s high was 65 and this morning’s low dropped to 29.
MENTIONED IN THIS ARTICLE
Middletown
Miami Valley
Also Mentioned on This Page
Archway
the Federation
Whitlock
Lon
Don
Mafia
Son
Wilson
Rhodesia
Britain
Webster
San Martin
Jack Holcomb
Florida
United States
Daily Telegraph
Ian Ball
Atlantic Ocean
Puerto Rico
Guadeloupe
Caribbean Sea
Reds
Vietnam
Manila
Denise Cuello
Nadia
Jans
Paris
Cuello
Cestas
France
Cuban
Evelyn Grindstaff
People's Republic of Cuba
Ann Landers
Om Bridge
Valley News
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