Key terms defined in gold crisis overview
United Press International explains three terms: gold pool a 1961 stock from seven nations used to stabilise the $35 an ounce rate. gold cover the reserve backing currency. discount rate the Fed banks rate influencing consumer loan costs.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Britain
Belgium
Germany
Italy
Netherlands
Switzerland
U.S
London Gold Exchange
United Kingdom
Canada
France
Paris
New York
United Press International
West Germany
Congress
America
Federal Reserve
Fed Officials Weigh Rate Hike Amid Inflation Pressure
Officials from the Federal Reserve Bank of San Francisco debated raising rates to curb inflation while five of the twelve Fed Banks had already lifted the discount rate from 4.5 to 5 percent. Wells Fargo's Krebs said the move is temporary fiscal restraint and could slow gold drain. bank lending impacts remain unclear. In Bonn, German poultry farmers and the ministry agreed egg production should be reduced to match demand.
MENTIONED IN THIS ARTICLE
Fowler
Martin
Treasury
United States
Johnson
U S
Senate
U.S
Federal Reserve Board
Federal Reserve Banks
San Francisco
UPI
Federal Reserve Bank of
Reserve
Krebs
FED
Bonn
Association of German Poultry Farmers
Federal Agricultural Ministry
Indians Get Federal Grant For Salt River Project
The University of Arizona receives 63582 dollars from the federal government to fund an urban planning study for the Salt River Pima Maricopa Indian community east of Scottsdale. The project, first of its kind in Arizona, will map the area and examine transportation utilities and economic potential with the tribe contributing 21643 dollars in cash and services.
MENTIONED IN THIS ARTICLE
University of Arizona
Scottsdale
Arizona
W. D. Kelly
Kelly
U.S. Department of Housing and Urban Development
Sall,River Pima-Maricopa J Indiana
Kennedy weighs candidacy amid party opposition and calls for action
Senator Robert F. Kennedy weighs whether to challenge Johnson and McCarthy for the Democratic nomination as Capitol Hill buzz grows with calls letters and visitors urging a declaration. Aides say he plans a decision within a week while polls and state chairs show mixed support.
MENTIONED IN THIS ARTICLE
Lyndon
B. Johnson
Eugene J. McCarthy
New
Johnson
UPI
Kennedy
Chicago
Richard J. Daley
New Jersey
Richard J. Hughes
McCarthy
Minnesota
Indiana
South Dakota
Kennedy Johnson
Nixon plan for ending Vietnam war outlined by campaign aide
Dick Kleindienst said Nixon will present a step by step peace plan before the elections. He added the candidate will use U S influence with allies to push a swift end and noted possible delegate strategy in a three way convention scenario.
MENTIONED IN THIS ARTICLE
Boise
Idaho
UPI
Richard Nixon
GOP
Vietnam
Dick Kleindienst
Phoenix
Nixon
Kleindienst
California
Ronald Reagan
New York
Nelson Rockefeller
Miami
Reagan
Rockefeller
Oregon
New Yorker
Incense Blamed for Bedroom Fire at Doris E. Turl Home
Rural Fire Chief Murray Robertson indicated a mattress ignition from burning incense caused a bedroom blaze at 328 W. 5th St. Repairs valued the damage at about 250 dollars after firefighters responded around 6 04 p m. A separate call to 8607 E. Diana for a furnace blowout at 12 37 a m found no fire.
MENTIONED IN THIS ARTICLE
Doris E. Turl
W. 5Th St
Murray Robertson
Victor Carey
E. Diana
Robertson
Tas
Copper strike prompts White House to push broader settlement
Washington United Press International reports growing White House pressure to settle a 24 day copper strike amid gold demand in Europe and a slumping dollar. Talks with Kennecott Anaconda and American Smelting and Refining stalled. Phelps Dodge not yet at table. Commerce Dept says the import need widens the payments deficit, potentially over 1 billion annually.
MENTIONED IN THIS ARTICLE
Washington
UPI
Europe
White — Hause
Johnson
White House
U.S
Kennecott Anaconda
American Swelting and Refining
Phelps- Dulge
Kennecott
Anaconda
Federated Metals
Tax Tips No 17 Filing Rules For All U S Citizens
IRS Arizona official George D Patterson explains who must file a tax return. Anyone under 65 with gross income 600 or more must file. those 65 or older must file if income 1200 or more. Self employed must file if net earnings 400 or more. Request No 5107 by postcard to IRS District Director Phoenix.
MENTIONED IN THIS ARTICLE
United States
George D. Patterson
District. of
Internal Revenue Service
Arizona
North First. Avé
Phoenix
Spain arrests 17 in Franco overthrow plot
Spanish police detained 17 suspects including three Catholic priests amid a suspected movement to topple General Franco. The arrests highlight ongoing political tensions in Vitoria and reflect a crackdown on dissident activity within Spain.
MENTIONED IN THIS ARTICLE
Vitoria
Spain
UPI
Francisco Franco
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Stock Exchange
Henry H. Fowler
William McChesney Martin Jr
London
Agi
Cape Town
South Africa
Christiaan Barnard
Western Hemisphere
Philip Blaiberg
Groote Schuur Hospital
Blaiberg
Barnard
Robert.j. Taylor
Gospel Today
Hubert H. Humphrey
John M. Bailey
Providence
R. 1
Humphrey
Richard M. Nixon
New Hampshire
Christian Science Sunday School
Christ, Scientist
W. Indian School Rd
Commerce Department
N. Scottsdale Rd
Papago Plaza
Quality Burgers
U.S. Choice Beef
WNE
East Mcdowell Road
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