Mint unveils Bicentennial coins with new designs
The Mint starts distributing 1776 1976 Bicentennial half dollars bearing Independence Hall on the reverse and John F. Kennedy on the obverse while quarters show a colonial drummer and silver dollars a Liberty Bell over the moon. Washington and Eisenhower remain on the other sides.
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Philadelphia
Independence Hall
Peraiming Woasy
Nanks
John F. Kennerly
Washington
Eisenhower
Bureau of the Mint
Banks face mixed views on economy and safety
Gallup polls show 80 percent say banks help little or not at all to aid the economy while 56 percent call banks very safe places to deposit money though 31 percent think more banks fail now than five years ago. Bankers see public opinion more favorable, with 87 percent of executives believing the public views banks as safe depositories.
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Washington
UPI
Gallup
Senators promise probes into holiday gas price jump
Senators Henry Jackson and Adlai Stevenson said they will hold joint hearings within two weeks to investigate a suspected artificial gasoline shortage created by major oil companies to raise prices during the Fourth of July holiday. They accused refiners of cutting output to trigger higher retail costs as Americans travel. Birch Bayh signaled broader antitrust inquiries into market manipulation by refiners.
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Waslington
UPI
Congress
Henry Jackson
D-Wash
Adlai Stevenson
D-Ill
Jackson
Senate Investigations
Stevenson
Oil and Gas Production
Birch Bayh
Senate Antitrust and Monopoly
Elderly must wait two years for housing
Senator Ilarrigon A. Williams of New Jersey cites a national survey showing the elderly face an average 20.6 month wait for low cost housing. He accuses the Ford administration of delaying regulations and undermining a Congress approved program.
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Washington
UPI
Sen. Ilarrigon A. Williams
Dn.j
Ford Administration
Congress
Department of Housing and Urban Development
Williams
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