Iran deposit move triggers sharp dollar drop and gold rally
The dollar fell sharply and gold rallied after Iran announced the withdrawal of $12 billion in government deposits from U S banks to pressure for the Shah’s extradition. The move caused a hectic, nervous mood in markets from Frankfurt to London and Zurich, with currency shifts and gold prices climbing to near 391 as trade continued.
MENTIONED IN THIS ARTICLE
London
Iran
U.S
America
Frankfurt
Zurich
Tokyo
Hughes orders tougher enforcement to curb tank topping
Maryland Governor Harry Hughes directs state police to intensify checks on minimum gasoline purchase rules as fuel supply remains tight. He warns that tank topping could worsen shortages and trigger long lines at service stations across the state. The broader story notes rate cuts for telephone service by the Public Service Commission.
MENTIONED IN THIS ARTICLE
Annapolis
Harry Hughes
Maryland
Hughes
Immediate food airlift to refugees announced by Carter
The Carter administration plans an immediate airlift of food to starving refugees in Thailand as private groups seek 100 million dollars in aid for Indochina. Mat Nimitz warns two and a half million people may starve in months without relief. oils and infant foods will be sent to aid children. In New York, Ronald Reagan begins his 1980 campaign urging Puerto Rico statehood and transfer of federal duties to states, launching a five day, 12 city bid after formal declaration.
MENTIONED IN THIS ARTICLE
Washington
Carter Administration
Thailand
Indochina
Matthew Nimitz
U.S
Rosalynon Carter
Carter
New York
California
Ronald Reagan
Puerto Rico
Reagan
GM gives dealer incentives to move left over 1979s
GM offers dealers $100 to $400 incentives to push unsold 1979 models as inventories reach recessionary levels. Chrysler matched with a $3 million per car rebate as U.S. auto sales fall 20 percent to start the 1980 cycle, marking the industry's weakest October showing this year.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Chrysler Corp
U.S
Florida rail blast ends danger at Molino site
Demolition experts blew nine derailed tank cars to avert a runaway explosion near Molino Florida. Wayne Rutledge led a 360 pound explosive charge around the cars, creating a mushroom fireball seen 20 miles away. Fires may burn all day but no further explosion threat remains. federal officials must decide when residents can return after 500 evacuated.
MENTIONED IN THIS ARTICLE
Thi L
Louisville & Nashville Railroad
Rutledge
Chrysler backing not tied down yet
Washington AP reports the House Banking Committee weighs government aid to Chrysler Corp as the company has secured only 203 million of the targeted 1.5 billion in matching funds. Deputy Treasury Secretary Robert Carswell said the rest remains unsettled. James Wolfenson of Salomon Brothers testified the 203 million in UAW wage concessions is the only firm commitment, with Salomon advising Chrysler on financing.
MENTIONED IN THIS ARTICLE
James Wolfen- Sohn
Salomon Brothers
United Auto Workers
New York
Chrysier
Washington Merry-Go-Round and East Timor Plight
Jack Anderson continues report on East Timor plight. Dick Kieiner adds views on unset twist of TV. Marthe Angle and Bob Walters discuss Gov Jerry Brown. Tom Tiede notes Sen. Larry Presser candidacy. Bill Steif column on medals. Tom Baum critiques Capitol gaps. AP reports Steinworkers seek jobs from employers. Families under stress and arts notes feature in compact snapshots.
MENTIONED IN THIS ARTICLE
Tern
Washington
Jack Anderson
East Timor
AID
Dick Kieiner
Eng
Marthe Angle
Bob Walters
Jerry Brown
Tom Tiede
Lerry Presser
Peasink
Bill Steif
Toin
Wally Mears
Tom Baum
Capitol Bill
AP Busbness
John Conall
Tom
News-Post
Ape KeDey
Helring
Cesar
Treden
William Brown
Lively Arts
Riemner
Carter freezes Iranian assets in U S banks over hostages
President Carter orders a freeze on official Iranian assets in the United States amid Tehran's plan to withdraw about 12 billion dollars. Officials say the funds are worth closer to five to six billion. The move, framed as a national emergency, aims to protect U S claims as the hostage crisis and broader tensions persist.
MENTIONED IN THIS ARTICLE
Washington
Carter
United States
Iran
U.S
Abolhassan Bani Sadr
Tehran
Shah Mohammad Reza Pahlavi
Bani Sadr
Bahrain
Persian Gulf
Tanjug
Kuwait
Gulf Nations
State Department
Ayatollah
Ruhollah Khomeini
London
U.S. Treasury
White House
Jody Powell
Government of
Central Bank
Powell
U.N
Kurt Waldheim
Security Council
Tehran Radio
Tapjug
Study casts doubts on Sagner jail site
Frederick County officials face a potential setback as environmental consultants flag issues with Carroll Creek width near the Sagner Avenue site. Mayor Ronald N. Young notes creek widening might require part of the site, possibly forcing removal of the current jail building. RKK Consultants supplied the concern to city leaders, with H Leroy Whiteley declining to discuss specifics. County commissioners express surprise, while an architectural bid of 157000 dollars from Davis Smith Carter Rider Inc. had been approved last week.
MENTIONED IN THIS ARTICLE
Frederick County
Sagner Avenue
Carroll Creek
Ronald N. Young
Sagner
RKK Consultants Inc
Baltimore
H. Leroy Whitely
Whitely
Galen R. Clagett
Davis, Smith, Carter & Rider Inc
Reston
Susan C. Nicol
$9 Million Revenue Bond Okayed for Sci Tech Park Plan
Frederick County Commissioners approved $9 million in industrial development revenue bonds to back a 10 acre science and technology park north of Frederick. The Turner Partnership plans about 10 facilities on the Human Farm site off U.S. 15 and Hayward Road, including a 75,000 square foot Bethesda Research Laboratories building. The project aims to employ about 4,000 people, with Bethesda Labs growing from 250 to 400 workers. The plan emphasizes private development of a landmark cluster of high tech firms, likened to Palo Alto and Boston science districts, amid existing Frederick Electronics and the FCRC at Fort Detrick.
MENTIONED IN THIS ARTICLE
Frederick
Frederick County Commissioners
Turner Partnership Ltd
Rockville
U5. 15
Hayward Road
Stephen Turner
Bethesda Research Laboratories
Turner
Maryland
Donald R. Date
County Economic and Community Development Commission
ECDC
Palo Alto
Calif
San Francisco
Stanford University
Boston
Frederick Electronics Corp
U.S. 15
Frederick Cancer Research Center
FCRC
Fort Detrick
Property tax sale nets Frederick County funds
Frederick County treasury gains 63,486 amid a tax sale attended by about 75 in Winchester Hell assembly room. Ninety five properties advertised, 125 remaining after bidders claimed parcels. Highest bids reached 257 for an Old Annapolis Road property. multiple parcels tied to Liberty area and Goshen Estates. Auctioneer James Trout, assisted by June Trout, oversaw 59 bidders as 1974 15 taxes and charges were due.
MENTIONED IN THIS ARTICLE
Frederick County
Martha Ann Brittain
Geere
Old Annepolis
Byai
Tesbot
Koeseg
Barrett
Markes
James Trout
June Trout
Goshen Estates
Fragmentary Note on News Events and Names
A garbled OCR fragment mentions top stars, dates, and locations with unclear names. It hints at treaties or events with references to states and ports, but the text is largely unreadable and cannot be tied to a coherent incident or person.
Five officials charged after Frederick auto crash
State fire marshal for Frederick County Jerry L. Chipley faces charges of operating under the influence and alcohol impairment after a single vehicle crash in Frederick. The 1975 Plymouth Fury veered off Rosemont Avenue near 6:18 p.m. Tuesday, hit a pole, with no injuries or passengers reported.
MENTIONED IN THIS ARTICLE
Frederick City
Richard J. Ashton
Frederick
Jerry L. Chipley
Keymar
Frederick County
Rosemont Avenue
Potomac Edison
Ashton
Garry E. Hoyle
Chipley
Quake rocks Iran killing many in Khorasan
An early today earthquake struck northern Iran near Ayatollah Shirazi's holy city causing many deaths and extensive damage. Rescue operations and military airlifts aided by Mashhad centers were underway as authorities reported over a hundred bodies possibly buried. Geologist reports and government officials coordinated relief with hospitals receiving the injured.
MENTIONED IN THIS ARTICLE
Nor- Eephiotren
Mohammed Ali
Ayatollah
Ali Shirazi
Said
Shirayi Sind
Khorasan
Batdores
Mashhad
Quanat
Pepe
Ain Golden
Colo
Also Mentioned on This Page
PSC
C&p
Public Service Commission
Chesapeake & Potomac Telephone Company
Florida
Chrysler
Carter Spikes
Courthouse Square
Sam Yu
Bethesda Laboratories
Bethesda
Circuit Court
Inside the News
Finaar
The
Associated Press
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