U.S. Gold Drain Deepens As Nations Hold Dollars
AP Business News outlines why U S gold reserves fell despite a balance of payments surplus. Deficits from years of U S monetary dealings leave foreign governments with dollars to buy gold. France and others turn surplus dollars into gold, while U S exports lag and foreign competition rises. The study notes corporate and bank actions shaped the surplus and cites Fulbright criticizing Firestone Romania project pressures.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
New York
United States
U.S. Treasury
U.S
France
Washington
J. W. Fulbright
Firestone Tire and Rubber Co
Romania
Fulbright
Senate
Firestone
Mexico City Scrubs For 1968 Olympics
Mexico City officials order cleaning of ancient national monuments as the capital prepares to host the 1698 Olympic games. Dark facades are brightened to ivory and white while structures age centuries sit among the city’s 5.5 million residents.
MENTIONED IN THIS ARTICLE
Mexico City
State Department Opposes Fullbright Statement
The State Department has formally stated opposition to a Fullbright statement, marking a clear disagreement over its content. Officials say the position undermines policy or diplomatic stance, outlining reasons and potential consequences for international relations.
MENTIONED IN THIS ARTICLE
State Department
Fullbright
Washington
Rain Brings Brazil Bountiful Harvest
Brazil, long drought prone, enjoys one of its most bountiful harvests due to generous rainfall. The country will export about 1.9 million tons of corn and sees 6 percent gains in dried beans and 75 percent in peanuts.
MENTIONED IN THIS ARTICLE
Rio DE Janeiro
Brazil
Also Mentioned on This Page
M. Thomas Lescalleet
Harold Hengst
Austin Gibbons
Oliver Engelbrecht Jr
Charles Hartman
Robert Kline
Harold Dover
Harold Fogle
Frank Young
John Mathews
Maurice Floyd
Roger Nicodemus
Alton Williar
Joseph Wilson
Louis Kinsey
Alton Lipps
Irving Able
Elwood Whitmore
Preston Best
William Moore
Melvin Seeger
Business Review
Western
Europe
Frederick Civitan Club
Chesapeake
Melvin Simms
Ralph E. White
Isaac N. Stevens
Wilson Mercer
Grayson Nikirk
David D. Oland
Charles T. Main
Warren P. E. Smith
Webster Black
W. Jerome Offutt
Charles Myers
Oliver Engelbrecht Sr
Raymond Bowers
Fred Harrison
C. Edward Smith
Robert C. Hilke
Russell Oden
Michael R. Pender
New York World’s Fair Commission
J. Willis Martin
Annapolis Yacht Club
Martin
John B. Moore Jr
Maryland
Jenkins Brothers, Inc
Commerce Street
Frederick
Stone Motorcycle
Sion
High’s Cycle Center
Oelvery
Eoples Servine Bag Stores
Ee Eetegett
North Market Street
Frederick Shopping Center
Prospect Shopping Center
Efoples Drug ‘Stores
California Valley
Westside
San Joaquin Valley
Safeway
U.S.C.A. Choice
U.S.D.A
Usda Choice
D.A
Pat Tid
Lucerne Party Pride
Sherbet
Dairyland
Bel-Air
Campbell's Pork & Beans
Rabi
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