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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 22, 1966
Page
20
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AP News analyzes how tighter credit is affecting home building and consumer spending. Builders report a 13 percent May drop in new housing starts to the lowest since January 1963, while other construction sectors stay active. Analysts note lenders' tightened funds, higher loan costs, and lingering inflation fears, though overall consumer spending may resist. The debate centers on whether policy will curb inflation without triggering a broader downturn.
In Bangkok, Communist subversion and killings rise sharply after Thailand announced plans to deploy a noncombat unit to South Vietnam. Officials warn the increase may be a bid to intimidate, as 10 government officials and policemen were killed in rapid succession in the northeast, the nation’s highest monthly terror total on record.
Quietly, amid Viet Nam war smoke, a new Southeast Asia association forms in Seoul with eight nations of ASPAC. It aims to extend cooperation among Thailand Malaysia the Philippines Australia New Zealand South Korea and others, seeking regional market access and development in rubber tin copra and natural resources.
In Santa Cruz 37 entrants but 38 girls compete for Miss California. Miss Los Angeles features identical twins Marilyn and Melody Keymer of San Gabriel who will perform a duet in the talent phase. Both are 19, 5'6", 113 pounds with brown hair and measurements 36-23-36, attending Los Angeles State College.
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