SEC Urges Rules On Banks And Their Activities
Congressional testimony from NYSE chairman James J. Needham urges a clear framework on what banks may or may not do. He warns bank entry into securities skirts safeguards and prompts calls to curb expansion via bank holding companies. Witnesses warn of concentration of deposits and bank influence in insurance and auto leasing.
MENTIONED IN THIS ARTICLE
Washington
New York Stock Exchange
Congress
House Banking Committee
James J. Needham
Rhode Island
Oregon
Federal Reserve Board
Robert P. Mallon
Automobile Dealers Association
Iold
Hurricane Ellen Expected To Take Northerly Course
Hurricane Ellen, the third hurricane of 1973, is not expected to threaten the United States. At 83 mph winds, Ellen lies about 750 miles east southeast of Bermuda and is forecast to turn northward with little strength change, posing only a possible Bermuda risk in three days.
MENTIONED IN THIS ARTICLE
Miami
Ellen
United States
National Hurricane Center
Bermuda
Paul Hebert
Hebert
Alice
Newfoundland
Banking Institute set to elect officers at Bayou DeSiard Club
The Northeast Louisiana chapter of the American Banking Institute meets at 6 30 p m today at Bayou DeSiard Country Club to elect new officers. Dr William R Hammond formerly dean at Northeast Louisiana University is named an honorary member by Monroe Rotary Club. Senator W D Brown of Monroe will speak at 7 p m today to the West Monroe Lions Club at Highland Park Country Club following Ed Steimel of the Public Affairs Research Council who spoke September 13.
MENTIONED IN THIS ARTICLE
Northeast Louisiana
The
American Banking Institute
Bayou DeSiard Country Club
William R. Hammond
School of Liberal Arts
Northeast Louisiana University
Monroe
W. D. Brown
West Monroe
Nixon Pledges Disaster Aid For Pakistan
Pak prime minister Zulfikar Ali Bhutto wrapped a three day visit with President Nixon as the White House pledged disaster relief aid and reaffirmed Pakistan’s territorial integrity as a guiding foreign policy principle. The communique gave no specifics on additional aid or arms but noted continued US support while Bhutto pressed for arms to deter neighboring threats.
MENTIONED IN THIS ARTICLE
Washington
Zulfikar Abi Bhutto
Pakistan
Nixon
White House
Concorde Heads For Texas Airport Dedication
The British French Concorde SST will fly to Dallas Fort Worth for the dedication of the $700 million airport near Grapevine Texas. The project aims to rival Newark and O Hare with 20 000 foot runways and 100 000 daily visitors during the three day celebration led by former Texas governor John B Connally.
MENTIONED IN THIS ARTICLE
Grapevine
Tex
United States
Dallas-Fort Worth
Caracas
Venezuela
Dallas
Fort Worth
Texas
John B. Connally
Newark
O'Hare
Chicago
Montreal
Mirabel
Thomas Sullivan
New York
Kennedy
la Guardia
London
Paris
Zurich
Puerto Rico
Roosevelt to Testify Soon on Bahamas Plot Allegations
Sen. Henry M. Jackson said Elliott Roosevelt will testify before the Senate investigations panel possibly next week about claims he offered $100,000 to have Bahamian Prime Minister Lyndon O. Pindling assassinated. Roosevelt called the charges a fabrication and demanded an apology.
MENTIONED IN THIS ARTICLE
Washington
Henry M. Jackson
Elliott Roosevelt
Roosevelt
Bahamas
Jackson
Senate Permanent Subcommittee
Louis P. Mastriana
Michael McLaney
Subcommittee
Florida
United States
Surviving Stanek sextuplets face fragile condition
In Denver, three of the five surviving Stanek sextuplets aged four days battled lung disease linked to their infant sister. Two were in poor condition, two in fair, and one in good condition. Doctors cautioned conditions can change hour to hour as nurses monitored vital signs.
MENTIONED IN THIS ARTICLE
Denver
UPI
University of Colorado Medical Center
Edna Stanek
Staneks
Continued Fair Skies Expected Across Twin Cities
Twin Cities residents can expect fair skies this afternoon turning partly cloudy at night. Monroe and vicinity forecast mostly fair to partly cloudy today through Friday with highs in the upper 80s and lows near 70. Winds southerly 5 to 15 mph. FAA at Monroe Municipal recorded 70 high Wednesday and 60 low this morning with no rain in the last 24 hours. Louisiana outlook calls for partly cloudy Saturday through Monday with highs mid to upper 80s and lows upper 60s to 70s.
MENTIONED IN THIS ARTICLE
Twin Cities
Monroe
FAA
Louisiana
FDA counsel outlines selective recall warnings policy
FDA General Counsel Peter R. Hutt explained a policy to withhold or delay public warnings about recalls for certain defective medical devices and drugs under special circumstances. He cited physician-first alerts to avoid patient panic and noted that FOIA could still reveal recalled product details before weekly reports. Both examples involved implanted devices with safety concerns.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
Hutt
FDA
Heart Attack Deaths Prompt City Study
A local official notes several individuals suffered heart attacks on the spot prompting questions about medical response and city facilities. The remarks highlight the need for improved emergency services and awareness.
Inside The News-Star Summary Card
Local newspaper page shows sections and page numbers for Abby Lowman Broadway Radio TV classifieds sports comics theater crossword editorial women horoscope weather and Jumble across four sections with 48 pages.
MENTIONED IN THIS ARTICLE
Abby
Lowman
van Dellen
U S Probing Bar Associations Fees
The Justice Department plans to challenge long standing bar association minimum fee schedules as cartel price fixing. Deputy Atty. Gen. Bruce B. Wilson announced in testimony to a House subcommittee that hundreds of groups publish guidelines and investigations are under way. He warned civil action may follow and noted the practice raises legal costs for the public.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
Department
Bruce B. Wilson
House
Wilson
Florida
Michigan
Massachusetts
Charity Hospital Architect Fees Probe Launched
State police and the Division of Administration probe more than 2.5 million dollars in architectural fees paid to an unnamed firm by Charity Hospital in New Orleans. Investigators review fees since 1967 including about 750 thousand dollars for unfinished projects. Potential public contract fraud and civil recovery are being considered. no firm disclosed.
MENTIONED IN THIS ARTICLE
Baton Rouge, la
State Police
Division of Adminstraton
Charity Hospital
New Orleans
River Stages Station Flood Present Change Stage
Flood stage readings show River Stages at Monroe 40 with station changes noted. Camden records a fall to 26. further details unclear in fragmentary text.
MENTIONED IN THIS ARTICLE
Monroe
Camden
Senate Debates $20.4 Billion Weapons Bill Amid Trident Fight
Senate took up a $20.4 billion weapons procurement bill with a contentious plan to slow the Navy Trident missile submarine program. Nixon warned against deep cuts and overseas force reductions as lawmakers discuss a major 156,000-person strength cut and air force budget trims.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Senate
Senate Armed Services Committee
U.S
Navy
Air Force
State of the Union
Congress
Thomas J. McIntyre
Dn.h
Research and Development Subcommittee
Russia
China
Europe
Mike Mansfield
Dmont
Alan Cranston
D-Calif
Armed Services Committee
Kickoff Friday For UGF Drive
A noon luncheon Friday at the Monroe Civic Center marks the start of the 1974 UGF drive under the direction of James Nicholson with about 330 volunteers serving as this year’s campaign team.
MENTIONED IN THIS ARTICLE
Monroe Civic Center
James Nicholson
Cox White House lawyers confer again on tapes
White House lawyers met with special prosecutor Archibald Cox in renewed talks over access to presidential tapes. Both sides consider seeking extra time from the U.S. Court of Appeals to pursue an out-of-court settlement, though no clear progress is noted. The appeals court proposed the White House allow Cox to hear tapes to identify vital grand jury evidence in the Watergate probe.
MENTIONED IN THIS ARTICLE
Washington
White House
Watergate
Archibald Cox
U.S. Court of Appeals
Appeals Court
Cox
G Gordon Liddy Pleads Innocent in Los Angeles
G Gordon Liddy pleads innocent in a Los Angeles court after facing criminal charges. Details of the case were not disclosed in the brief AP dispatch.
MENTIONED IN THIS ARTICLE
G. Gordon Liddy
Los Angeles
Tell
Loretta Lynn Rodeo Opens Monroe Four Night Run
Monroe hosts Loretta Lynn Longhorn Championship Rodeo with four performances starting Friday night. The event supports increased funding for drug abuse and mental health programs, adding another agency to the fund. UGF recipients include Red Cross Boy Scouts Girl Scouts YMCA and others. Luffey notes a $40,000 boost over last year to strengthen existing services and seek new methods.
MENTIONED IN THIS ARTICLE
Oretta Lynn
Monroe
Loretta Lynn
Luffey
UGF
American Red Cross
Boy Scouts
Girl Scouts
Twin City Community Welfare
Mental Health Center
Retarded Children Association
Salvation Army
Strauss Rehabilitation Center
Council On Alcoholism
Twin City — Athletic Association
West Monroe
Boys’ ‘Club
Tri - District Boys Club
YMCA
YWCO
USC
Council On Aging
Northeast Louisiana Council On Alcoholism and Drug Abuse
Kindergartener Recalls School Day Trade Offs
A young pupil says he learns a lot at school but it “sure ’mits into my day,” reflecting a positive educational gain tempered by time demands.
Also Mentioned on This Page
Jennifer Bergstrom
Goldsboro
N.C
Pansy
Central Park Zoo
American Optometric Association
Washington D.C
SEC
Donald M. Carlson
Independent Bankers Association of America
Carlson
John I. Neville
National Association of Insurance Agents
Banks
Mnet
Bhutto
U.N. General Assembly
Kenneth Bush
U.N
Kurt Waldheim
iPresident
Defense
James Schlesinger
Bush
Concorde
Portugal
Charles Percy
John Love
Love
Secretary of the Interior
Rogers C. B. Morton
Jeff
Peter R. Hutt
Inside the News-Star
Pennsylvania
American Bar Association
Antitrust Division
Division of Administration
Antenne Bu Kun
Daniel Ellsberg
Liddy
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