Savings and loan outflows reach 1.24 billion in August
Federal insured savings and loan associations posted a net outflow of 1.24 billion as deposits dropped amid higher rates elsewhere. Chairman Thomas T. Bomar of the Federal Home Loan Bank Board said institutions remain financially sound, though lending capacity tightens. He supported Treasury measures to curb small investors from new issues and floated ideas on variable rate mortgages to help housing finance.
MENTIONED IN THIS ARTICLE
Washington
Thomas Tt. Bomar
Federal Home Land Bank Board
Bomar
Savings and Loan Associations
Treasury Department
Treasury
The
Savings
Wuemeelyes
Romar
Board
Congress
Alexander Hotel Eight wins big raid case funds
San Francisco AP report on Charles Kelley and seven other elderly men arrested in a September 4 raid at the Alexander Hotel light. Kelley describes the experience as thrilling and recalls a royal flush while noting winnings of 5.75 dollars and a 678 dollar monthly room. A separate legal item notes Parez, 19, arraigned for involuntary manslaughter in a roommate’s shooting.
MENTIONED IN THIS ARTICLE
San Francisco
Charles Kelley
Las Vegas
Kelley
Alexander Hatelight
Contortionis
Parez
Magnotie Ave
Judith Monnier
Variety Clubs salute Billy Graham's silver jubilee
Beverly Hills reports Billy Graham honored for 25 years as global evangelist with Variety Clubs Heart Award and Gold Card. Graham deflects credit to God while delivering a sermon from Psalms about sin, peace, and salvation as Hollywood figures attend salute ahead of a three day crusade at the Hollywood Bowl. Housing starts in August fall to an annual rate of 126000, the Commerce Department notes, marking a continued slump from last year.
MENTIONED IN THIS ARTICLE
Beverly Hills
UPD
Billy Graham
Variety Clubs International Charity Organization
Graham
Hollywood
Variety Clubs
Hollywood Bowl
Los Angeles
Lafe
Southern California
Variety Club
Jesus Christ
Got
Jesus
Washington
Aph
Commerce Department
Hill
Department
Graham salutes Variety Clubs and urges aid for the needy
Evangelist Billy Graham praises Variety Clubs programs aiding handicapped children and launches a Sunshine Coach initiative to fund transport vans. Celebrities attend a awards event highlighting decency over drug culture as Graham emphasizes faith and transformation through God.
MENTIONED IN THIS ARTICLE
Graham
God
Thedias
UCLA
John Wadden
Pat Toone
Ethel Waters
Jere Harris
Mike Frankevich
Art Linkletter
Sherill Corgin
Ibraham
Aml Graham
Southern California
Christianity Today Maparing
Grahan
Vadin
Stuart Tublen
Fim Vitus
Mynypes
Tauis Jomperini
Knife attack at Norwalk John Glenn High shocks campus
Four Norwalk high school students were stabbed by two carloads of youths outside John Glenn High School at 1 p.m. Four suspects, ages 14 to 17, were arrested on assault with a deadly weapon charges. Michael Treland, 16, remained in satisfactory condition with a collapsed lung after the stabbing. three other students were treated for minor knife wounds and released. Parents report ongoing fights near the campus since school opened, with past disturbances linked to suspected gang activity.
MENTIONED IN THIS ARTICLE
Norwalk High School
Norwalk
John Glenn High School
Shoemaker Ave
Michael Treland
Compunity Hospital
Bother
Cildzen
Glen High School
Blackouts hit Downey L B areas
About 1500 customers of Southern California Edison in Downey and North Long Beach lost power after a car struck a utility pole at 7:40 p.m. The outage lasted around 44 minutes affecting 909 homes and about 6000 customers in North Long Beach as palm fronds touched a live conductor. The driver, Arthur Woodworth, 26, of Norwalk, was charged with drunk driving.
MENTIONED IN THIS ARTICLE
Southern California Edison Company
Downey
North Long Beach
Arthur Woodworth
Benfield Ave
Norwalk
North
Long Beach
George Hanawalt
Market Street
Sex Food Death for Fruit Fly Invasion in San Diego
In Sacramento the state Department of Food and Agriculture reports an oriental fruit fly infestation in San Diego Clairemont. They plan to use the male annihilation technique, releasing a sex lure to attract flies and lure them to death, as larvae found in two ornamental cherry trees and a lemon tree.
MENTIONED IN THIS ARTICLE
Sacramento
San Diego
State Department of Food and Agriculture
Department
Clairemont
Store owner slain in sidewalk fight
Joseph T. Harris, 28, owner of Tumtabiv Record Shop, was shot multiple times in front of his Santa Ana store around 8 p.m. during a dispute that started in a neighboring bar. Larry C. Grana, 25, a Marine at El Toro Marine Air Station, was booked on suspicion of murder.
MENTIONED IN THIS ARTICLE
Santa Antie
Santa Ana
Sack Nelson
Joseph T. Harris
W. Cubbon St
Nelson
Larry C. Grana
el Toro Marine Air Station
Moon speaks on second coming in marathon sermon
Police reported Moon's two hour speech arguing God told him to ready the world for the second coming of the messiah who will create a sin free family and heaven on earth. Crowd reaction was mixed with some Moon supporters and others calling him a quack while a fight erupted nearby.
MENTIONED IN THIS ARTICLE
Moon
Earth
Iad
David Holman
Queens
Catherine Graham
Brooklyn
House kills extension of president emergency powers
Washington report says the House Rules Committee rejected a proposed four year extension of the president civil defense emergency powers 7 to 5. The bill would have prolonged the 1950 Federal Civil Defense Act to June 30 1978 and faced criticism for potentially surrendering congressional prerogatives to the White House. Rep Les Aspin called the measure dangerous for enabling powers in an emergency and noted lack of clarity on what constitutes a threat. Rep John Rousselot argued the vote signals a new attitude in Congress toward executive power.
MENTIONED IN THIS ARTICLE
Washington
UPL
House Rules Committee
White House
Les Aspin
D-Wis
House Armed Services Committee
Aspin
Congress
John Rousselot
Rcalif
Also Mentioned on This Page
New York
UPI
Upper East Side
Penn Central
Park Avenu
Vaclary Uhlik
Fresno
Uhlik
Czechoslovakia
Alexander Hotel
Billy
By Stan Metzler
Nepal
Katmandu
AUVE
Tibet
Desai
Tanga Bhawani
Trudeau
Pierre Trudeau
Margaret
Royal Victoria Hospital Garden
Montreal
Downey, L.B. Areas
Harris
John McFadden
Oruha
Memphis
Interstate 55
Otis Dickson
Dickson
AP Wireptna
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