Interest rates slide as banks trim yields nationwide
State national world brief notes rapid declines in six month savings certificate rates from 15.7 percent to 13.54 percent and potentially below 12 percent next week. Treasury bills fell to 12.05 percent, banks reduced prime lending to 13 4 percent, with Manufacturers Hanover's John F. McGillicuddy predicting a 14 percent prime by year end.
MENTIONED IN THIS ARTICLE
New York
Treasury
John F. McGillicuddy
Manufacturers Hanover Corp
Economy slows as recession fears grow in US
President Carter and many economists warn the economy has slowed and likely entered a recession. They foresee a short mild downturn with inflation easing later, though some analysts fear a severe downturn second only to 1874 75. Projections vary, but GNP could fall around 2 to 3 percent and unemployment may rise to about seven percent.
MENTIONED IN THIS ARTICLE
Carter
Castro halts Havana refugee flights amid Bay of Pigs anniversary
Fidel Castro stopped the refugee flights from Havana as thousands gathered in the Cuban capital for the Bay of Pigs 19th anniversary rally. Exile groups fear violence while Costa Rica pressed to expand its intake beyond 300, and others head to Peru or Spain.
MENTIONED IN THIS ARTICLE
San Jose
Costa Rica
Fidel Castro
Havana
Castro
Peru
Cuba
Spain
Rodrigo Carazo
Plant derived drug shows promise against high risk leukemia
MEMPHIS AP Doctors at St. Jude Children's Research Hospital report a drug from May apple folk medicine, VM-28, surpassing standard anti-leukemic drugs in high risk cases. Medical director Dr. Alvin Mauer cites readiness to test front-line use while Dr. Gaston Rivera cautions that too few cases exist to claim a cure.
MENTIONED IN THIS ARTICLE
Memphis, Tenn
St. Jude Children's Research Hospital
Gram
Alvin Mauer
Gaston Rivera
Earth rotation slowing study from Laurel physicist
Theoretical physicist Robert R. Newton of Johns Hopkins AP lab says Earth slows by about 2 parts per billion per century. He cites day length changes from about 24 hours now to 10 degrees per day a century ago and far shorter 100 million years ago, arguing rotation is not a constant.
MENTIONED IN THIS ARTICLE
Earth
Ohio State University
Todays highlights from the Litt and Realth Marathon coverage
A mixed report on recent Litt and Realth Marathon competitors. Features include insights from Cancer awareness coverage, sports personalities, and a real estate column with buyer terminology guidance.
MENTIONED IN THIS ARTICLE
News-Post
Myne-Post Newsman
Becknet
America
Rita Is
Pocky Mackintosh
Prederict County Board of Realtors
Byron opposes women in combat and backs draft registration
Congresswoman Beverly Byron told about 90 Frederick area residents that she opposes women in combat and supports reinstating registration for both men and women. She warned against a new ERA deadline extension if three states fail to ratify by 1982, and noted momentum has shifted in women’s political advancement.
MENTIONED IN THIS ARTICLE
Setellite
Armed Services
Beverly B. Byron
Frederick City Hall
Frederick
Washington
Allegany County
Byron
Williams Air Force Base
Congress
Carter says Iran wants hostages held until after election
President Carter reports intelligence indicating Iran will keep the American hostages in Tehran until after the November U S elections. He cites Ayatollah Khomeini and the Revolutionary Council as opposing release and says military action is a possible option being considered. He defends patience and rejects making an apology to the terrorists.
MENTIONED IN THIS ARTICLE
Washington
Carter
Iran
Tehran
U.S
Ayatollah Ruhollah Khomeini
Yoe
United States
Westinghouse Broadcasting System
Khomeini
Revolutionary
Counncil
Abolhassan Bani-Sedr
Ayatollah Khomeini
Frederick City Sets Rules for Planting Trees on Streets
Frederick residents must obtain a city tree planting permit from the city engineer and choose from 12 approved species to avoid harming utilities. Trees overhang must be trimmed to 15 feet above streets and 8 feet above sidewalks. City services assist with planting, and donations help fund trees. typical costs and annual maintenance follow forestry standards.
MENTIONED IN THIS ARTICLE
Jan Chapman
News-Post
Frederick City
Carolyn Greiner
Ronald Young
Cris
South Market Street
Arnot
Bradford
Lettie Leal
County delays Klan rally permit amid permit confusion
Fredench County Commissioners face delays in issuing a permit for a Ku Klux Klan rally planned for June 26 at Winchester Hall. Officials cite confusion over required toilets and health department fees, with debates over whether conditions meet county and state ordinances. The delay stems from questions about toilet capacity, permit fees, and how many portable toilets are needed for a 500 to 700 attendee estimate.
MENTIONED IN THIS ARTICLE
Fredench
Winchester Hall
Fragmentary clue filled news note with scattered names
A garbled OCR style snippet mentions several proper nouns and partial phrases including Farrand and Me, with scattered fragments that resemble names or places. The text is incomplete and lacks a coherent event or clear subject to summarize.
Also Mentioned on This Page
Paris
Barbara Timm
Mrs
Timm
Milwaukee
Wis
Kenneth
Kevin Hermening
Frankfurt
West Germany
Lufthansa
ABC News
Jerry King
Timms
Intercontinental Hotel
John Gunther
Timme
Ten
Colette
Rose Hill Manor Park
Frederick County Farm Museum Association
Byron Haupt
John Deere
John
Wayne Haupt
Jefferson
Bill Green
Pere
Gremer
Ellyn Hess
Clagett
Pegeitemmetis
Cme
Conuryeron
Inside the News
Farrand
Artro-Graph
Crosrcord
Abby
Lamb
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