Major banks raise prime lending rates to 6 percent
A group of large banks led by Chase Manhattan Manufacturers Hanover Chemical and Marine Midland boosted their prime lending rate from 5 to 6 percent. The banks cited inflation concerns and market conditions while signaling that higher rates aim to curb inflation without causing credit distortions.
MENTIONED IN THIS ARTICLE
New York
Chase Manhattan Bank
Manufacturers Hanover Trust Co
Chemical Bank
Marine Midland Bank
Chase
Disobeying Stop Light Leads to Court for Teen Driver
Miss Mary C. Wilkinson, 17, of Rte. 1 Mazon, was ticketed by Patrolman Syd Reeve at 9 35 p m Friday for running a red light at Jefferson and Liberty streets. She posted bond with her driver license and is due in court January 10.
MENTIONED IN THIS ARTICLE
Mary C. Wilkinson
Rte. 1
Mazon
Syd Reeve
Jefferson St
Liberty St
Theft of wristwatch from car at Echo Lanes
Dave Roe reports a 17 jewel silver Lewis-Pickard wristwatch stolen from his car parked in front of Echo Lanes between 4 and 4 30 p m Saturday. Roe recalls locking the driver side door but cannot confirm the passenger side. Patrolman Bremenkamp filed the report.
MENTIONED IN THIS ARTICLE
Dave Roe
Washington St
Morris Police
Echo Lanes Bowling Alley
Carl Bremenkamp
Roe
Survivors eat flesh from dead comrades in Andes plane crash
Official sources confirm 16 survivors from the Uruguayan rugby team and boosters ate the flesh of dead companions to endure a 69 day ordeal in the Andes. Three have returned to Montevideo, 13 remain in Santiago awaiting flights home.
MENTIONED IN THIS ARTICLE
Santiago
Chile
Andes
Montevideo
Uruguay
Joliet Market Hogs and Cattle Prices Report
USDA market summary from Joliet Illinois reports hogs active with 1 2 weights 210 to 220 pounds at 34.00 to 34.50 per cwt and sows steady. Cattle slaughter steers mostly steady to higher, heifers up to 25, high choice and prime steers 38.00 to 39.50 per cwt with various yield grades, heifers 37.25 to 38.25 depending on weight and grade.
MENTIONED IN THIS ARTICLE
Joliet, Ill
U S resumes bombing Hanoi Haiphong after Christmas halt
U S air forces resumed heavy bombing of Hanoi and Haiphong in North Vietnam after a 36 hour Christmas pause and renewed attacks across South Vietnam at dusk on Monday. Officials gave no reason for the longer North Vietnam halt and provided few details on scale or targets.
MENTIONED IN THIS ARTICLE
Saigon
USS
Hanoi
Haiphong
North Vietnam
U.S
South Vietnam
Laos
Nixon
Alexei N. Kosygin
Tass
Kosygin
Vo Thuc Dong
Moscow
Vietnam
Radio
Bac Thai
Thai Nguyen
Ha Bac
Lang Son
Hanoi-Haiphong
Market quotes for grains and soybeans in Chicago
Chicago AP reports grain prices with corn at 1.55 for No 2 yellow, soybeans at 4.16, wheat around 2.61, oats near 1.00, and soybean oil at 0.62. No 2 hard red wheat and other kernels listed with fractional quotes.
MENTIONED IN THIS ARTICLE
Chicago
Christmas weekend traffic kills 11 in Illinois
Eleven people died in Illinois traffic crashes over the three day Christmas holiday weekend. A fatal pileup on U S 136 near Macomb claimed Mildred Foster 51 Nancy Foster 29 and Danny Konkler 17 from Colchester. Other victims included Howard J Chamberlain 66 of Streator Hariette Fehrman 47 of Elgin Dorothy Emerick 34 of Pekin and Brenda Roberts 18 of Bartonville. Four more fatalities were reported early in the weekend.
MENTIONED IN THIS ARTICLE
Associated Press
Illinois
Macomb
Mildred Foster
Nancy
Danny Konkler
Colchester
U.S
Howard J. Chamberlain
Streator
St. Charles
Hariette Fehrman
Elgin
Dorothy Emerick
Pekin
Brenda Roberts
Bartonville
Also Mentioned on This Page
Wichita
Kan
Richard D. Hightower
E. Jackson St
Circle A. Hereford Farm
Roy Christensen
Dan Hill
Hightower
Joliet Market
Armed Services
Halterman
Morris
Lawrence
G. C. Willareth
E. Main St
Walgreen’s
Clee
Liberty
Smith-Fitzgibbons
Rhetory
Smith-Fitzé
Will County
W. Jefferson ST
Joliet
Daystrom
Brody
Stanley
Thamesville
Consolidated
Chromeraft
American
United
Sealy
Evers-Black
Lees
Amercos
Western
Stckiey
Mooker Lane
Kelvinator
Kroehler
Futonian
La-Z-Boy
Hickory
Thomasville
Fed
Bassett
American of
Martinsville
Stanley, Lane
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