Security National Bank Sold Amid Probable Failure
The Security National Bank of Long Island, once the 53rd largest in the nation, was sold to Chemical Bank for 40 million dollars after facing a probable failure and loss of public confidence amid economic decline and the Franklin National collapse. Deposits had been drawn down and borrowing hampered.
MENTIONED IN THIS ARTICLE
Security National Bank of
Long Island
New York
Security National
Hempstead
N.Y
Franklin National
Federal Reserve Board
Washington
James E
Interior
Rogers C.B. Morton
Ford
Congress
Morton
ABC
Treasury
William E. Simon
NBC
Meet the Press
Simon
Frank G. Zarb
CBS
Face the Nation
Former CIA Heads Testify Before Rockefeller Panel
Former CIA Director Richard Helms returns for a second appearance before the Rockefeller commission on domestic activities. John A. McCone also slated to testify as Democrats weigh creating a special eight member panel to probe CIA wrongdoing.
MENTIONED IN THIS ARTICLE
CIA
Rockefeller
Washington
Richard M. Helms
Rockefeller Commission
John A. McCone
Agency
Senate Democrats
John O. Pastore
D-R.i
Helms
U.S
Iran
David W. Belin
Commission
Senate
William E. Colby
McCone
Ford Works on Economic Problems in White House Activities
President Ford continues work on economic and energy measures after weekend efforts. He planned talks with Alan Greenspan and William Seidman and attended a Chowder and Marching Society event in Queenstown, Maryland. Mrs. Ford remained at the White House due to a back ailment.
MENTIONED IN THIS ARTICLE
Washington
Ford
Treasury
William E. Simon
Alan Greenspan
Council of Economic Advisers
White House
William Seidman
Maryland
The
Chowder and Marching Society
Congress
Organized Labor
Robert A. Georgine
Afl-Cio Building and Construction Trades Department
Afl-Cio
George Meany
Meany
Georgine
Unicycle Record Set On Flagstaff Mountain Ride
James Kibben rode a unicycle up and down Flagstaff Mountain in Boulder for a 2 1 2 hour 98 mile round trip claiming a world record and inviting challengers. He plans to submit the feat to Guinness while noting no prior unicycle listings exist.
MENTIONED IN THIS ARTICLE
Boulder
Colo
James Kibben
Flagstaff Mountain
Kibben
Rapid City, S.D
Guinness
McGovern Sees 1972 Platform Now Arriving With Vigor
Sen. George McGovern argues he was right from the start about key issues. He favors major cuts in military spending, broad tax reform, and public employment programs to guarantee jobs as the nation faces its worst slump in four decades. He urges bold action by a Democratic Congress and warns against a centrist drift.
MENTIONED IN THIS ARTICLE
Washington
George McGovern
United States
South Dakota
McGovern
Congress
Ford
Kansas City
Senate
Union
Chou Predicts World War From U S Soviet Rivalry
Premier Chou En lai warned during the fourth National People’s Congress that U S Soviet rivalry will spark a world war one day. He urged global allied action against colonialism imperialism and superpower hegemony while noting China U S relations had some improvement and criticizing Soviet border policies.
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Tokyo
Chou Enlai
Fourth National People’s Congress
Peking Radio
Chou
China
Soviet Union
United States
Hsinhua News Agency
Congress
U.S
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Richard M. Nixon
U.s.-China
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C. Burr Artz
Jcpenney
Penney’s
Frederick Towne Mall
RT. 40
Elmwood DR