Surprise Prime Rate Hikes to Historic Highs Across Banks
New York banks raise the prime rate by one percentage point to a historic high of 8.36 percent. Bankers Trust first acts, followed quickly by Chase, First National City Bank and others in New York Chicago Philadelphia and Boston. Markets react as the Dow Jones average slips while economists note a psychological drive toward continued expansion and rising prices.
MENTIONED IN THIS ARTICLE
New York
Bankers Trust Co
Chicago
Philadelphia
Boston
Chase Bernatey
First National
Ae Dewsone
New York Stock Exchange
Chase Amankshad Bank
First National City Bank of New York
Foreign Aid Push Begins in Congress Policy Push for 2.6 Billion
Washington AP reports the Nixon administration opens a 2.6 billion dollar foreign aid drive in Congress to sustain U S influence in developing lands. Elliott Richardson testifies as acting secretary of state while House Foreign Affairs hearings begin on the overseas assistance bill.
MENTIONED IN THIS ARTICLE
Washington
Neon Ison
Congress
U.S
America
United States
Tment
Mel Reman
TF Elliot L Richardson Chante
House Foreign Affairs Committee
Anager
Nixon
Aniilien
Nixon Plans 25 000 Troop Pullout From Vietnam
Defense Secretary Laird praises the move as a step toward peace while a joint task force plans early July withdrawals. Troops may be held in reserve in Okinawa or Hawaii and could be recalled if needed. First withdrawals likely involve combat battalions or support forces.
MENTIONED IN THIS ARTICLE
Washington
Melvin R. Laird
Nixon
Vietnam
United States
Midway
Laird
Southeast Asia
U.S
South Vietnam
Joint Service
Okinawa
Hawaii
Fe Races Command
Naval
Robert Taylor Dies of Lung Cancer at 57
Hollywood mourns veteran actor Robert Taylor who died of lung cancer at 57 after a storied 35 year career. Taylor starred opposite Irene Dunne Greta Garbo and lived among film luminaries like Myrna Loy Joan Crawlin and Hed Lamarr while balancing ranch life and horse breeding on his 113 acre suburban retreat. He was widely paid as one of the screen’s top actors and often credited with shaping Hollywood glamour until his death.
MENTIONED IN THIS ARTICLE
Mee Vane
Hollywood (Ap
Robert Taylor
Myrna Loy
Joan Crawlin
Hying
Taylor
Hed Lamar
Injiter
E Hepburn
Greer Teroorystal
Irene Dunne
Greta Garbo
Camille
Siso
Jean, Harlow
Ava Gardner
Elizabethy
Anotherj
Barbara Stanwyck
Lilrest
Cee
A Speiesen
Valley Lever
Leaders Affirm Solidarity at Midway Summit
President Nixon moved to reduce U S troop levels in Vietnam by 25 000 as a starting step and received a strong show of Washington Saigon unity. President Nguyen Van Thieu spoke off the cuff after meeting Nixon on Midway Island expressing a close understanding and denying any serious rift over peace approaches.
MENTIONED IN THIS ARTICLE
Midway Island
Nixon
U.S
Vietnam
Washington-Saigon
Nguyen van Thieu
Mid Pacific
United States
Saigon
Showers Hit Wide Areas Across Permian Basin Weather
Thunderstorms sweep the Permian Basin as showers linger from Odessa to Midland with cooler air and a front moving in. Tha Thieu flight back to Saigon, Nixon policy reactions, and forecasts of more showers through Tuesday shape a tense weather and political moment for the region.
MENTIONED IN THIS ARTICLE
Honolulu
Thieu
Saigon
Permian Basin
U. S
Nixon
At Inch
Odessadrawals
Midland
South Plains
Americ J
Odessa-Midland
Burger Given Senate Okay Supreme Court Chief Justice Pick
Washington reports the Senate approved Warren E Burger as chief justice, with leaders signaling a moderate path. The move could mark a new era in the court's balance as Burger leans away from strict ideology toward a centrist approach.
MENTIONED IN THIS ARTICLE
Washington
Senate
Ey A Ionkario Peentiedi
Mesurderett M. Dirksen
Bur.chaice
Ludge
Warren E. Burger
United States
Rock Of Gibraltar Sealed Off By Spain
Spain closes the La Linea border to Gibraltar as General Franco's regime acts to cripple the British territory. Crowds gather at Gibraltar border gates while workers fear economic hardship and seek jobs across the line.
MENTIONED IN THIS ARTICLE
Rock of Gibraltar
Spain
Gibraltar
la Linez
Ten Mile Peninsula
Francisco Franco
Britain
Eivnes Gate
Figin
Bender
Jin
la Linea de la Conception
The Quipster
The Quipster questions why modern music, though perhaps acceptable, must define a generation and reflect current times rather than lasting artistic value. The brief commentary weighs cultural shifts against enduring musical quality and public taste.
Tragedy Strikes Family as 12 Die in Parkersburg Fire
In Parkersburg West Virginia a disastrous house fire killed 12 members of a family, including 15 year old Susie and 13 year old Roger Bailey. The grandfather Obie Bailey 63 survived after hospital treatment for shock. Charles Bailey a county maintenance worker and his wife 36 perished with ten children as flames engulfed the suburban home at 1 30 am Sunday. The teen described fleeing the scene and watching in horror as loved ones perished. The residence built as a single expansive frame dwelling aged 45 minutes before collapse. The couple’s other relatives had been staying in a nearby structure to care for the younger children.
MENTIONED IN THIS ARTICLE
Roger Bailey
Sus
Charles
Roger Sid
Obie Bailey
Mantle Honored as Yankees Sweep Doubleheader
In a Yankee Stadium ceremony the New York Yankees updated Mickey Mantle’s famed Number T. The Bronx Bombers then dominated Chicago in a doubleheader, restoring their classic forceful look. Also noted was former baseball great Jackie Pesia joining opponents of the ABM system.
MENTIONED IN THIS ARTICLE
Mantle
New York Yankees
Mickey Mantle
Yankee Stadium
Bronx Bombers
Chicago
Jackie Pesia
Strike Closes Bell as UAW Walkout Hits Bell Helicopter
HORST Texas AP United Auto Workers strike halts Bell Helicopter Co plant hours after local negotiators reached a tentative contract. Spokesman says plant closed at midnight as workers, chanting, push for wage increases. UAW official Leonard Woodcock comments on surprise outcome and ongoing negotiations.
MENTIONED IN THIS ARTICLE
Scene Geneal Company
Vietnam
UAW
Leonard Woodcork
UAW Internationa
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Dorkess
Richardson
United Chater
Naina
Island
McCarthy
Minn
Sam George
McGovern
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Seem
Ttis
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Pecos
Burger
Fernando Banales
iThem
Dirksen
Burger i
Edward N. Kennedy
Stealt of Columbia Appeals Court
Earl Warren
Nexen
Igh Court
Quipster
Parkerspurg
W.va
Onle
Roger
Cowboy Dools Ee Sen Resace
AMU
AIA Ness
Jaceey
Bell Hecoptr
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