Bank Hikes Prime Loan Rate Again
New York AP reports First National City Bank raised the prime lending rate from 9 to 9.5 percent effective Monday, the twelfth rise this year. The move follows a prior 9 percent increase, with analysts expecting industry wide increases, and Treasury Secretary Shultz calling it a desirable short term check on growth but warning against rapid further rises.
MENTIONED IN THIS ARTICLE
New York
First National City Bank
Citibank
Detroit
Treasury
George Shultz
Shultz
Nixon Signs FHA Home Loans Bill
President Nixon signs a measure extending FHA authority to grant low interest home loans through Oct 1 and renews loan insurance for home improvements. FHA raises maximum single and multi family loan rates to 7.75 percent as part of the interim action pending a full year extension.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
Federal House Administration
White House
FHA
Congress
House
Senate
James T. Lynn
FIA
William Proxmire
Dwis
Adlai F. Stevenson III
D-Il
Trent L James Rapides Parish Assessor Dies at 2
Trent L James longtime Rapides Parish assessor dies in Alexandria at age 62 after sworn in for his 14th term. A LSU graduate and ally of Huey P Long, he helped organize the Louisiana Assessors Organization and served as its president for 12 years. Services Saturday in Alexandria with burial at Dexada Cemetery in Boyce.
MENTIONED IN THIS ARTICLE
Alexandria
Trent L. James
Rapides Parish
James
Huey P. Long
Warl K K. Long
LSU
Gudka
Willie Frank TY
Ives
Law
Puty
Public Affairs Research Council
Louisiana Assessors Organization
Dexada
Boyce
Pick Up Stations Supported By Kewanis Club Drive
Four pickup stations are set up in shopping areas along Monroe street for a scrap paper drive sponsored by the Kewanis Club. The project aims to collect and recycle scrap paper to fund youth programs including Circle K Club activities Key Club projects and National Merit Scholarship awards. Robert F Bealle serves as drive chairman.
MENTIONED IN THIS ARTICLE
Monroe
Oe Kewanis Club
Remin
Lub
Morris ‘Menthat
Robert F
Bob) Bealle
Drive
Nixon Signs Farm Bill To Expand Crops
President Nixon signed the 1973 Agriculture and Consumer Protection Act, praising it as a pragmatic framework to expand farm production and fight inflation. He noted reduced, or eliminated, payments at times of strong demand and high prices, while supporters call the bill vital for farmers and consumers amid unprecedented commodity demand.
MENTIONED IN THIS ARTICLE
Nixon
Washington (Ap
Congress
Agriculture and Consumer Protection Act
Skylab Astronauts Take First Day Off in Orbit
Skylab 2 astronauts slept in and performed household chores on their first day off after two weeks aboard the orbiting lab. Mission Control allowed a slow pace as Garriott, Bean, and Lousma planned light duties and potential solar telescope use while continuing medical blood sampling and experiments.
MENTIONED IN THIS ARTICLE
Space Center, Houston
Mission Control
Alan L. Bean
Owen K. Garriott
Jack R. Lousma
Mission ‘Control
Bean
Garriott
Donald Puddy
Puddy
U S retail food costs rise in second quarter
UPI reports Agriculture Department economists in Washington say the annualized cost of a family food market basket rose to 1497.6 in Q2, up 15 percent from a year ago and 6 percent from Q1. They foresee further price boosts due to higher farm prices and middlemen fees as beef price freezes end.
MENTIONED IN THIS ARTICLE
Washington
UPI
Agriculture Department
Nixon
Weather roundup for Twin Cities and Monroe area
Partly cloudy skies return with a 30 percent chance of afternoon thundershowers in the Twin Cities and Monroe area. Highs in the lower 90s, lows near 70, winds light and variable. FAA Monroe Airport reports 92 Thursday high and 70 this morning with no rain in the last 24 hours. Extended outlook for Louisiana shows widely scattered thundershowers mainly afternoons and evenings.
MENTIONED IN THIS ARTICLE
Twin Cities
Monroe
FAA
Monroe Municipal
Louisiana
Police Find Bodies Of 21 Slain Youths
Houston authorities report 3 bodies unearthed in a mass murder case tied to a homosexual procurement ring. Elmer Wayne Henley, 17, led police to graves near Broaddus and High Island, claiming more victims and implicating David Brooks in luring youths to Corll's Pasadena home.
MENTIONED IN THIS ARTICLE
Elmer Wayne Henley
Broaddus
Texas
Houston
San Augustine
Henley
High Island
Galveston
Pasadena
U.S
Juan Corona
Yuba City
Calif
Corona
Dean Corll
Corll
David Brooks
Brooks
Breck Porter
Tex
Woman Found Slain in Auto in New Orleans
An unidentified about 25 year old woman was found shot to death in a car on a city street in New Orleans. A apparently unharmed young girl sat beside her until police took the child into custody. The victim was shot three times in the back arm and hand with bullets through the front seat. the death occurred several hours before discovery.
MENTIONED IN THIS ARTICLE
New Orleans
Inside The News-Star Highlights by Abby Lowman
A compact overview of Abby Lowman and Broadway notes at The News-Star. Radio-TV listings, classified items, sports briefs, and theater previews fill a 32 page edition with sections across 4 sections.
MENTIONED IN THIS ARTICLE
Abby
Lowman
Radio-Tv
van Dellen
Woman Dies From Refinery Explosion Injuries
Norco Louisiana AP reports a 72 year old woman Helen Washington died in hospital after a pipe line explosion at the Shell Oil refinery destroyed her home. A 16 year old boy Joseph Jones was critically burned while mowing nearby as the plant shut down following the blast.
MENTIONED IN THIS ARTICLE
NORCO
Shell Oil &Co
Helen Washington
Joseph Jones
Mrs. Washington
River Stage Readings Reported At Stations
River stages show minor variation with Monroe 40 and Camden 26 as readings. No major flooding anticipated. observers note 1 fall in stage at one site while two stations report small changes and stability.
MENTIONED IN THIS ARTICLE
Monroe
Camden
Dollar Gains on Market Rally as Gold Drops in London
The US dollar strengthened across European exchanges while gold fell. London set gold at $107.50 per ounce, down $2.50 from Thursday, with the dollar firm against the German mark at 2.3930 and the pound around $2.474.
MENTIONED IN THIS ARTICLE
London
Apt
Frankfurt
Amsterdam
Zurich
Milan
Chuckle on Golf Ball Speed and Afternoon Foursomes
A lighthearted note compares a golf ball leaving a club head at 135 mph with a golfer leaving work for an afternoon foursome. The joke links high speed to an easygoing escape for a round of golf.
Open House Planned by Dying Woman in Redwood City
Ruth Hoffman, 57, terminal bone cancer patient at Sequoia Hospital, hosts an open house for family and friends in Room 119 and the corridor outside. Doctors told her the illness is incurable, yet she plans for a noon to 2 p.m. gathering with nursing staff refreshments.
MENTIONED IN THIS ARTICLE
Redwood City
Ruth Hoffman
Ruth
Sequoia Hospital
Doris Shoop
Redwood Shores
Dunlop Says Ceilings Will Be Retained
The Cost of Living Council extends the gasoline and petroleum price freeze to Aug 19 with price ceilings afterward. Beef prices stay frozen until Sep 12. A 7 cent gallon markup applies to gas and home heating oil, with monthly automatic adjustments only for imported heating oil costs. Phase 4 insurance rules and disclosure policies are announced.
MENTIONED IN THIS ARTICLE
Washington
Cost of Living Council
John T. Dunlop
Dunlop
United States
Nixon Adminnistration
Also Mentioned on This Page
Agriculture Secretary
North Vietnam
Hubert H. Humphrey
Dminn
America
W. R. Poage
D-Tex
Skylab
U. S
Inside the News-Star
Lealers
Stella
W.A
Mickly
Lassi
Dial
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