West Germany Moves to Curb Dollar Inflow
West Germany’s central bank restricted interest payments on foreign deposits and the Bonn government floated the mark, devaluing the dollar. Switzerland Austria Netherlands revalued or floated currencies while France and Italy held steady. Traders faced confusion as Frankfurt and London markets reopened amid volatile rates.
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Associated Press
West Germany
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Bonn
Switzerland
Austria
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France
Italy
Spain
Willy Brandt
Europe
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Mariner 9 Launch Readied for Mars Mission
CAPE KENNEDY Fla AP Preparations advance to launch Mariner 9 toward Mars on May 18 amid probe into Mariner 8 failure The Atlas Centaur second stage crashed into the Atlantic after tumbling out of control Initial radar data pointed to a fault in the Centaur flight control system NASA officials say the plan may shift to salvaging parts of both missions on a single flight with possible launch extensions and adjustments
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Cape Kennedy
Fla
Mars
Mrs
Atlantic Ocean
Robert S. Kraemer
Planetary Programs
National Aeronautics and Space Administration
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Mariner 9
Kraemer
Kramer
Hikers Raise Funds To Fight U S Hunger
Hundreds of thousands joined a weekend global hike to raise money for hunger relief. Sponsors pledged for miles walked, totaling about 5.1 million dollars with thousands participating in cities across the United States and abroad.
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U.S
Associated Press
United States
Morris Noss
Cortland
N.Y
Harry Canale
Homer
Norwich
Conn
Mail Goes Through Busby Fire Sparks Rescue
Roy Hillner's mail truck caught fire a few miles west of Busby while delivering. He tried to extinguish the blaze as a passing trucker offered a fire extinguisher. Hillner drove six miles into Busby where the local fire department put out the fire. damaged mail was sent to Billings for salvage.
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Busby
Mont
Roy Hillner
Hillner
Billings
Maryland counties gain in school aid recalculation
A recalculation of the state aid formula increases total education support by about 3.9 million for the 1971-72 year, with 18 of 24 Maryland subdivisions gaining. Prince Georges County leads at a 5.8 percent rise, Frederick up 5 percent, while Caroline, Kent, St. Marys, Talbot and Worcester lose, notably St. Marys by about 4 percent. The changes stem from a shift in the ratio of property tax assessments to real property values.
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Baltimore
Maryland
Education Department
Prince Georges County
Frederick County
Caroline
Kent
St. Mary’s
Talbot
Worcester
Ray Hamilton
Department
Postal Rates Go Up Next Week
Washington AP reports the U S Postal Service plans a May 16 rate boost pending Postal Rate Commission review. Postcards rise to six cents while letters cost eight cents and air mail eleven cents. Second and third class and some fourth class rates jump from 16 to 20 percent. Special delivery and registered mail also increase amid legal challenges led by publishers seeking to delay the changes.
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U.S. Postal Service
Postal Rate Commission
Rate Commission
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