State funds idle as cities chase higher yields
Pennsylvania holds 39 million in inactive accounts earning 4.5 percent, while Philadelphia and other cities invest surplus in Treasuries and repurchase agreements yielding 6 to 7.4 percent. Auditor General Casey pushes to pull funds from small banks, seek higher rates, and vote to open meetings to the public.
MENTIONED IN THIS ARTICLE
Harrisburg
Pennsylvania
Philadelphia
U.S. Treasury
General State Authority
Grace M. Sloan
Board of Finance and Revenue
Robert P. Casey
Finance and Revenue’ Board
Casey
Shafer
Revenue
Commonwealth
Pittsburgh
Mellon Bank
Pittsburgh National
Scranton
Williamsport
York
Allentown
Berlin Group Presses Change to Route 219 Interchange
Berlin residents urge moving the Route 219 interchange from Beachdale to near John Naugle's Feed Store to allow bidirectional traffic between Somerset and Berlin. Officials from Berlin Borough meet with County and Highway Department representatives in Hollidaysburg to discuss the plan and a January meeting.
MENTIONED IN THIS ARTICLE
Berlin
Beachdale
Thomas Gerber
Guy N. Hartman
Paul O'Connor
Albert Hay
County Planning Commission
George Morocco
Department of Highways
Hollidaysburg
District 9
Thomas Colantino
Carl Anderson
Mack McGeary
John Naugle
Somerset
Colantino
U Thant backs new Saigon government for peace
U Thant said a broadly based Saigon government is the top peace priority in Vietnam, not a cease fire or elections. He favored NLF inclusion and marked optimism on Middle East talks with Gunnar Jarring’s next moves and renewed U.S.-Soviet engagement.
MENTIONED IN THIS ARTICLE
U Thant
Vietnam
Saigon
Thant
Middle East
National Liberation Front
NLF
Gunnar Jarring
Israel
Jarring
Moscow
US Servicemen Bring Christmas Cheer to Vietnamese and Thai Villages
US servicemen across South Vietnam hold Christmas parties in orphanages and villages for underprivileged children. Units like the Armor Command at Go Vap plan to give about 300 clothing and toy gifts on Christmas Day, funded by families back home. In Thailand, Nakron Phanom air base personnel contributed $1,000 for a village Christmas party near Thare.
MENTIONED IN THIS ARTICLE
Santa Claus
Santa
U.S
South Vietnam
United States
U.S. Armor Command
Go Vap
Saigon
Thailand
Nakron Phanom
Thare
U S and Soviet Break Deadlock in Arms Talks
In Helsinki the United States and the Soviet Union ended a week long dispute over where to start substantive strategic arms talks. They agreed to begin full scale negotiations April 16 in Vienna with a plan to possibly return to Helsinki later. The joint communique said five weeks of talks produced an understanding on the general range of questions for later negotiations.
MENTIONED IN THIS ARTICLE
Helsinki
United States
Soviet Union
Vienna
U.S
Gerard C. Smith
Kremlin
Notice for American Patrons on Christmasweek hours
The American business office closes at 1 p.m. Wednesday before Christmas and reopens Friday at 3 a.m. Display ad deadline for Friday’s edition is Tuesday 5 p.m. Saturday ad copy deadline is noon Wednesday. Editorial offices close all day Wednesday and reopen Thursday at 3 p.m.
MENTIONED IN THIS ARTICLE
the American
Congress Passes Nixon Tax Bill With Large Breaks
Congress sends to Nixon a sweeping tax cut and Social Security reform. The measure would cut income taxes, boost Social Security by 15 percent, narrow shelters, and expand exemptions. It phases in through 1973 with notable gains for families and retirees.
MENTIONED IN THIS ARTICLE
Congress
Nixon
Washington
House
Senate
Senate House
Capitol
Pletcher Wins VFW Voice of Democracy Contest
Rockwood Area High School senior Richard Pletcher won the VFW Voice of Democracy contest at Rockwood High School. Linda Lytle placed second and Vickie Ansell third. Pletcher advances to the district contest January 3 at the Somerset VFW Post. The theme is Freedom's Challenge. state winners tour Washington and five national winners share scholarships totaling 13500.
MENTIONED IN THIS ARTICLE
Richard
Dick) Pletcher
Rockwood Area High School
Veterans of Foreign Wars
Rockwood High School
Linda Lytle
Vickie Ansell
Pletcher
Somerset Vfw
Somerset
Fayette
The
American
VFW
Washington , D.C
Reid Weimer
Rockwood
Janet Black
Weather Rains Halt Pennsylvania House and Senate Session
A winter storm paralyzed Pennsylvania transportation and halted heavy legislative action. The House planned a token session and canceled Tuesday’s full session, while the Senate held a routine session and debated tax options, including a utility property tax. Leaders said a tax settlement before the New Year remained possible as talks continued.
MENTIONED IN THIS ARTICLE
Tony May
Associated Press
Harrisburg
Pennsylvania
House
Senate
Fleming
Christmas Truce Opens 3 Day South Vietnam Resupply Window
Communist forces likely use a three day cease fire starting 1 a.m. Saigon time Wednesday to resupply in South Vietnam. Viet Cong and North Vietnam announce the period as a holiday truce while allies observe a 24 hour halt beginning 17 hours later. Intel indicates planned increased attacks before the cease fire to mark the anniversaries of French Indochina war start and North Vietnamese army founding. No major fighting reported. 16 shellings and one U.S. wounded in the 24 hour period.
MENTIONED IN THIS ARTICLE
Jay Sharbutt
Associated Press
Saigon
South Vietnam
3Rd Corps
Viet Cong
National Liberation Front
U.S
Cash Receipts At Somerset State Hospital Show Decrease
The 1968 cash receipts at Somerset State Hospital dropped to 250000 plus from 1967’s 256 thousand while patient numbers fell and staff rose. Expenditures rose by 416 thousand with 45 new salaried workers, and the report calls for safety and water repairs to the new administration building to enable full use.
MENTIONED IN THIS ARTICLE
Somerset State Hospital
Robert P. Casey
State Auditor General
Federal Surplus Commodities Corporation
State Hospital
Department of Public Welfare
Weather outlook for Western Pennsylvania forces cold spell and snow
Western Pennsylvania stays mostly cloudy and cold on Tuesday with snow likely by afternoon. Highs reach the upper 20s to low 30s. Clouds persist Tuesday night with more snow possible and lows in the mid to upper 20s. Wednesday remains cloudy with little temperature change and additional flurries. South easterly winds shift through Tuesday and Tuesday night. Rain chances run about 60 percent Tuesday and 70 percent Tuesday night.
MENTIONED IN THIS ARTICLE
Pennsylvania
American Flag Returns to Capitol From Vietnam Service
Marine sergeant Royce Heinze presented the U.S. flag sent by Pennsylvania Rep. Kenneth B. Lee to Gov. Raymond Shafer. The flag is to be encased and placed on display in the State Capitol reception room. Heinze plans to return to Vietnam on Jan. 16 after the ceremony.
MENTIONED IN THIS ARTICLE
Harrisburg
Kenneth B. Lee
Sullivan Countian
Vietnam
Royce Heinze
Forksville
Raymond P. Shafer
Pennsylvania
State Capitol
Heinze
Harry Heinze
Rep
Lee
1St Marines
U.S
House
House Republicans
Shafer
Go Marine
Also Mentioned on This Page
Berlin Group
Boswell
Gov
Milton Besser
By Louis Cook
By John Weyland
Edmond Lebreton
Tey
State Senate
GOP
Auditor General
Sheldon Barkman
Somerset American
Steve Brant
Stoystown Road
Robert Crissey
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