First Time Gold Tops $800 an Ounce in Europe
Gold opened above $800 in Europe for the first time as prices surged worldwide. Zurich opened at $810 and climbed to $820.50, London traded around $815 then $825, while Hong Kong reached a world high of $832.97 before settling at $810.85. The jump follows a rapid rise from $700 two days earlier and a sharp gain since the Tehran siege began.
MENTIONED IN THIS ARTICLE
Jeff Bradley
Associated Press
London
Europe
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Hong Kong
Zurich
U.S
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Afghanistan
Hursday
Iran
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Amsterdam
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GAF raises film and paper prices as silver soars worldwide
Silver climbs to near 49 an ounce as GAF Corp and Eastman Kodak announce steep price hikes for graphic arts film up 50 percent and photo paper up 75 percent with other X-ray films rising sharply. Chrysler offers $56 for test drives while Utah search for crash victims stalls.
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New York
GAF Corp
GAF
Eastman Kodak Co
Prices Rise as Sentiment Turns to Gold and Silver
Americans sift through heirlooms and everyday silver to cash in as gold tops $800 an ounce and silver surpasses $48. Jewelry stores report paying up to $1,800 for silver bowls while tiny fragments and even old dental gold fetch notable sums.
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Ann Blackman
Associated Press
Washington
Granddad
Tilly
Washington Jewelry
Jim Rosenheim
Northeastern University
Cincinnati
Randy Sandler
Denver
Kenny McIntyre
McIntyre
Jac King
Soviet Troops Press Afghan Rebels From Mountain Strongholds
Soviet helicopter gunships and tanks push Afghan Moslem rebels into remote mountain villages near the Pakistani border. Journalists report rebels frightened by armor, with Afghan army patrolling Kabul and Soviet troops seen in the capital’s bazaar. Separately, U S reports decline expulsion and Pakistan’s Zia rejects $400 million aid as insufficient. Pentagon says Soviets replace reservists with regulars, with total force estimates between 72,000 and 100,000.
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Associated Press
Afghanistan
Kabul
EFE
Madrid
Jose Luis Vidal
Iran
EFF
Pakistan
Mohammed Zia ul-Haq
U.S
Zia
Soviet Union
United States
Washington
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Russia
Remington bronze statues identified as fakes in New Orleans
Seven bronze sculptures labeled as Frederic Remington works in the Wild West Exhibition at the New Orleans Museum of Art were found to be counterfeit. The fakes, privately owned, were spotted by a visiting Remington expert. experts note forgeries are easy with molds and that original pieces can reach up to 100000 dollars.
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New Orleans
America
Frederic Remington
Remington
John Bullard
Bullard
Bridge Crash Sends Vehicles Plunging Into Water
Six cars and a truck fell more than 100 feet into the strait after a freighter rammed the Almo bridge near Goteborg in fog. Frogmen searched for survivors while police cordoned both ends and the Norwegian owned Star Clipper was investigated.
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Rolf Soderlind
Associated Press
Stockholm
Sweden
Frogmen
Jan Rosenberg
Almo
Tjorn Island
Goteborg
TSAW
Justo Santo Villa
Tjorn
Alfr. Olsen Line
Beirut jet hijack ends with surrender in Beirut
A devout Shiite teenager hijacked a Middle East Airlines Boeing 707 flying Beirut to Larnaca and forced a stop in Beirut to seek intervention from Ayatollah Khomeini over Imam Musa Sadr. After negotiating a consent to land for refueling, the youth surrendered and released passengers and crew.
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Lebanon
Iran
Tehran
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Cyprus
Fuad Hamadeh
Khirbet Silm
Imam Musa Sadr
Libya
Ayatollah Ruhollah Khomeini
Khomeini
Butros Harb
Scots cold cures shown as old wives remedies
In Glasgow a hotel exhibit displays home remedies like fried onions and turpentine on the chest and orange peels in the nostrils plus mouse stew, mocked by Dr Nick Varey as mostly worthless though pungent scents may offer temporary relief.
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Glasgow
Scotland
Nick Varey
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