Dollar Slumps Across Europe as Market Floats Face New Pressure
The dollar fell in Europe with banks and markets coping as Brussels set a Sunday meeting of finance ministers to discuss a possible float. See-saw trading saw the pound rise to 2.51, Paris and Frankfurt rates drop, and Spanish banks limiting dollars amid weak exchange. The dollar’s value slid to 3.05-3.08 Swiss francs in Zurich before partial recovery.
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Hunt Brothers Indicted in Wiretapping Case
A federal grand jury indicted Nelson Bunker Hunt and W Herbert Hunt of Dallas along with Clyde A. Wilson of Houston and Carl Morgan Watson of Bellaire on charges of tapping phones in six Hunt Oil Co. employees homes including Juanita Edwards. Nelson Bunker Hunt posted a 10000 dollar bond and was released. conspirators expected to surrender soon.
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Four Diplomats Held as Black September Seizes Embassy
In Beirut five diplomats including two Americans are held at the Saudi embassy in Khartoum by Black September guerrillas. Sudan says it will fly hostages out, while U S officials refuse to pay blackmail. Observers weigh motives and possible link to Sirhan Sirhan’s release.
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Fire Bombing Rekindles Trouble With Indians
Sen McGovern said a negotiating session with 200 AIM militants at Wounded Knee ended on a jarring note when the home of leader Aaron Desersas was firebombed during talks. Desersas’ wife injured. 11 hostages freed earlier chose to stay in Pine Ridge. Armed standoffs persisted as U.S. officials pressed for charges and possible bail, amid wider embassy takeover tensions in Riyadh and Amman.
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Snag Delays Vietnam POW Release Talks With Viet Cong
U S officials say Hanoi will release 106 American prisoners and two Thais as scheduled, but Viet Cong delays over the number of military prisoners to be freed threaten the plan. A VC spokesman insisted 34 detainees will be released Sunday at Gia Lam airport, while U S delegates accuse the VC of stalling.
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Springlike Weather Expected to Persist in Basin
Weather forecasters predict a warm weekend with temperatures rising into the mid seventies across the Permian Basin through Saturday. Central Texas saw damage from storms on Thursday but West Texas will enjoy sunny skies and mild nights with highs near 77 and lows around 40, then near 45 Friday night.
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Tornado Hits Waco Area Causing Major Damage
A south southwest wind gusts 10 to 15 mph as a tornado struck the Waco area causing estimated property losses around 340000. Bellmead and the nearby Texas State Technical Institute suffered heavy damage while La Vega Elementary School reported about 90000 in losses. Weather then eased with fog returning across eastern Texas and lingering cool air over Tyler College Station and Laredo.
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Nixon Says Hanoi Aid Essential Despite Opposition
President Nixon defended postwar aid to Hanoi as essential to give North Vietnam a stake in peace and said the funding would come from foreign aid and defense budgets. He announced a April 23 meeting at the Western White House with South Vietnam's President Thieu and spoke on the dollar and other topics during a wide ranging news conference.
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Prices Could Spur Imports
Washington AP reports rising meat prices spark debate over the 1964 import-quota law. Critics say suspending quotas could allow more low-grade beef from Australia and others into US markets, affecting meat processors, retailers, and consumers amid rising prices. Representative Rosenthal and supporters push repeal as a check on price spikes.
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Ireland switches course as coalition leads in Dail race
Ireland voted out its Fianna Fail government after a left of center coalition led by Liam Cosgrave appears set to win a majority in the 14 seat Dail. Prime Minister Jack Lynch concedes defeat while rejecting a formal concession until all votes are counted.
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PowerExperts Claim Nuclear Stations Can Be Safely Operated
A report notes that power experts assert nuclear power stations can run safely. The page also mentions a representative sending to the Senate a mandatory death penalty bill.
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