Carter stocks surge past 900 on dollar stabilization hopes
The Dow Jones 30 rose 9.01 to 903.59 in early trading as optimism over Carter administration efforts to stabilize the dollar spurred gains. The run above 900 marks a key psychological barrier, though momentum may fade. Carter voiced concern over the dollar decline, urging aides to curb the slide as gold prices softened and the dollar strengthened abroad.
MENTIONED IN THIS ARTICLE
Carter
Dow Jones
Dow
Europe
Illinois governor and Bakalis trade barbs over tax limit referendum
Governor James Thompson and challenger Michael Bakalis traded sharp accusations as Thompson races to collect 250,000 signatures to place his tax limitation referendum on the November ballot. Bakalis called the petition drive flawed and possibly fraudulent while Thompson denounced Bakalis’ threats as desperation and prepared a wide signature-gathering push across Illinois with Lt. Gov. Dave O’Neal.
MENTIONED IN THIS ARTICLE
James Thompson
Michael Bakalis
Thompson
Bakalis
Republican County
Republican
Chicago
Dave O’neal
O'Neal Attacks Illinois Civil Rights Panel
Lt Gov Dave O Neal calls the Illinois Fair Employment Practices Commission a sham and says it needs more funding to properly police job discrimination. He cites a January Illinois Supreme Court decision that makes about 3 000 pending complaints effectively dead and notes the commission’s major funding shortfall.
MENTIONED IN THIS ARTICLE
Dave O’neal
Illinois Fair Employment Practices Commission
O'Neal
Commission
Carol Frederick
Frederick
Illinois Supreme Court
Ray says Raoul did it in King assassination hearing
The House Assassinations Committee pressed James Earl Ray on a disputed tale of travel with a mystery man named Raoul. Ray’s testimony drew protests from his attorney and extended questions about Raoul’s identity, with lawmakers pressing for more detail and proof of the suspect’s whereabouts.
MENTIONED IN THIS ARTICLE
Washington
House
James Ear
Ray
Raoul
Louis Stokes
Ohio
Stokes
Martin Luther King Jr
Birmingham
Ala
Canada
Mexico
Jim
Memphis
Stateville Prison hospital criticized over inmate care in memo
May 9 memo by Associate Administrator Lee James claims inmates at Stateville Prison control the hospital at times and many receive no timely care. He says efforts to fix treatment in line with a court order failed, citing intimidation of medical staff and inadequate medical attention. The memo is part of a federal suit against Stateville officials.
MENTIONED IN THIS ARTICLE
Chicago
Joliet
Stateville
Lee James
Department of Corrections
Inmates confined after Georgia riot turns deadly
In Georgia State Prison main building inmates were confined to cells after a violent outbreak left one man dead and three injured, two critically. Floyd Walker Jr. of Atlanta and Joseph Lee Quick of Fayetteville, North Carolina, were in critical condition at Talmadge Memorial Hospital in Augusta. The deceased was Marvin Louis King, 25, of Brunswick, serving life for murder.
MENTIONED IN THIS ARTICLE
Reidsville
Georgia State Prison
Talmadge Memorial Hospital
Augusta
Floyd Walker Jr
Atlanta
Joseph Lee Quick
Fayetteville
N.C
Marvin Louis King
Brunswick
Blumenthal challenges House tax cut in Senate hearing
Treasury Secretary W. Michael Blumenthal told the Senate Finance Committee that the $16.3 billion House tax cut conflicts with the ability to pay principle. He noted Carter's tax plan was wrecked by House resistance and said the administration may seek Senate flexibility to avoid a presidential veto before the November elections.
MENTIONED IN THIS ARTICLE
Washington
House
Treasury
W. Michael Blumenthal
Senate Finance Committee
Carter
Senate
Firestone Told to Provide Data on Tire Information
A federal judge ordered Firestone Tire and Rubber Co. to supply information about its Firestone 500 radial tire. Judge Thomas Flannery rejected Firestone’s motions to withhold details and gave 21 days to respond fully to government questions.
MENTIONED IN THIS ARTICLE
Washington
Also Mentioned on This Page
Peoria Airport
G. Oden
Ozark Air Lines
Caus
The
Associated Press
Murphysboro
Carbondale
Ilinois
Herrin
Southern Illinoisan
Southern Illinoisan Inc
North Illinois Avenue
North 16Th Street
S. 12Th Street
Illinois
Carbondale Free Press
Herrin Daily Journal
Hhinois Ovieiee
Marion
By Robert Edelman
Lindsay-Schaub News Service
Springfield
Civil Rights Agency
Lindsay-Schaub News
Montreal
FBI
James Earl Ray
Stateville Hospital
Georgia
Kip
Og Anan
Whiitewall
F.e.t
N. Grand
Johnston City
Blumenthal
Firestone
O. H. Nipper, Jr
the Woods Building
N. Ida St
West Frankfort
Baptist Building
W. Main St
Minois
Eastgate
Foxentre
S. Illinois Carbondale
W. Cherry Herrin