Prime banks cut prime rate easing stock market drop
Morgan Guaranty led a rate cut to 5 percent with Bank of America Chase Manhattan Continental Illinois Girard Trust and Citizens Southern following. The Dow slid 12.78 points the day, a six session decline amid uncertain economic outlook. Treasury Secretary Connally said he was highly pleased as Nixon sought authority to control interest costs.
MENTIONED IN THIS ARTICLE
New York
Morgan Guaranty Trust Co
Bank of America of
San Francisco
Chase Manhattan
Continental Illinois
Chicago
Girard Trust
Philadelphia
Citizens & Southern
Atlanta
Wall Street
Morgan Guaranty
Emmett G. Solomon
Crocker Citizens National Bank of
Nixon
Congress
Treasury
John Connally
American Bankers Association
Illinois marriage age bill fails to override governor veto
In Springfield the Illinois House rejected an override of Gov. Ogilvie's veto on a measure to lower the marriage age to 18 without parental consent. The vote fell 44 short of the 107 needed, amid debate over fairness to young men serving in the armed forces and potential effects on divorces.
MENTIONED IN THIS ARTICLE
Springfield
Ill
Illinois
House
Richard B. Ogilvie
Lewis A.H. Caldwell
Chicago
Caldwell
Henry J. Hyde
Bernard B. Wolfe
Ogilvie
AP names Chicago news editor David M Goldberg
David M Goldberg, 30, of Eastchester New York, former AP Newark news editor, is named AP Chicago news editor to replace Bruce E Richardson who moves to New York. Richardson 31 is a Murphysboro Illinois native who joined AP Chicago in 1967.
MENTIONED IN THIS ARTICLE
Chicago
David M Goldberg
Associated Press
Newark
N.J
Goldberg
Eastchester
N.Y
Bruce E. Richardson
New York
Williams College
Williamstown
Mass
The
Record of
Hackensack, N.J
Trenton
New Jersey
Richardson
Murphysboro, Ill
Star Radio
Time
Life
Hearing Set for Marijuana Case Motions
Circuit Judge Robert W. Malmquist scheduled 1:30 p.m. on November 24 for motions in a marijuana case. Attorneys Cohn and Dunn expect suppression motions for physical evidence and an oral statement, with Dunn also seeking severance. Defendants Paul H. Schechter and Daniel J. Buckley, free on $500 bonds, attended with counsel.
MENTIONED IN THIS ARTICLE
Robert W. Malmquist
Atty
Frederick F. Cohn
Chicago
Paul H. Schechter
Morris Atty
Thomas Dunn
Daniel J. Buckley
Royal Oak
Mich
Atty. Cohn
Coal City
Charles Ingram
Schechter
Joliet Junior College Observes Veterans Day
No classes Monday at Joliet Junior College in observance of Veterans Day. All administrative offices including the library and cafeteria will be closed. Evening division and satellite centers may hold some Monday night classes at instructor discretion. Regular hours resume Tuesday morning.
MENTIONED IN THIS ARTICLE
Joliet Junior College
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Weiners
Meadow
Doris
Floyd Schaible
Morris, Tll
AP News
Greer Technical Institute
Grundy County National Bank
MBER
Federal Deposit
Morris
Grundy
Paul W. Cable
Optometrist SE
Jefferson
the Cleaners
Wickes
Plainfield
U.S. Route 30