Dollar Surges as Investors Expect U.S. Rate Decline
Investors push dollar higher on expectations of lower US rates. gold and silver advance in thin trading across New York, London, and Zurich. The Fed’s modest money-supply drop weakens rate expectations, with currencies including the pound and marks fluctuating as markets digest central bank signals.
MENTIONED IN THIS ARTICLE
S&s
James Toims
Rima
New York
Europe
New York Commodity Exchange Inc
Republic National Bank
Zurich
London
U.S
Federal Reserve
Switzerland
Tokyo
Western Prefer merger completes and share issuance plan
Western Prefer Corp. announces merger of Capital Corp into a subsidiary and says about 1.9 million common shares will be issued to former minority holders of Tidelands. Accounting effective date stated. details of ownership and titling noted. Harken Oil and Gas reports 1980 net loss despite revenue gains from 1979 acquisitions. Tracer Inc. signs credit line, expanding to 40 million in 1985 with six banks. La Quinta Motor shareholders approve stock split from 10 to 20 million shares, director changes set for Jan 14 and record date March 16, boosting outstanding shares to about 9.6 million.
MENTIONED IN THIS ARTICLE
Fort Worth, Texas
Western Prefer Corp
Capital Corp
Tidelands Estate
Western the
Tidelands
Texas
Harken Ol & Gas, Inc
Productrom
Common Stock Exchange
Ee Ee Ag
Austin, Texas
Tracer, Inc
Bank of America National Trust and Savings Association of Los Angeles
Continental Illinois National Bank and Trust Co. of Chicago
First National Bank of Boston
Mercantile National Bank of Dallas
National Bank of Austin
Capital Na| Bank of Austin
San Antonio
la Quinta Motor
Eneree Ten Totsot Catactas Ty
Dog shoots owner during training with German shepherd Jarvis
Monroe police report a loaded 22 caliber pistol on a couch was picked up by dog Jarvis who bit, dropped, and discharged it, wounding owner John Calbert 40 in the arm. Calbert, training dogs to attack intruders, was in fair condition at Mercy Hospital. Witnesses included his father wife and children.
MENTIONED IN THIS ARTICLE
Monroe, Mich
John Calbert
Jarvis
Calbert
Dan Richards
Richards
Mercy Hospital
John Calbert Sr
Ivan
U S ambassador survives Beirut sniper attack
U S Ambassador John Gunther Dean escaped unharmed after a sniper fired at his motorcade as it crossed Beirut’s Green Line. A single shot struck an escort car tire, with embassy sources noting it may not have been aimed directly at him amid ongoing civil strife.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
John Gunther Dean
U.S
Dean
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