Names in the News Center Honors LBJ Space Center
The Lyndon B. Johnson Space Center in Houston opened amid ceremonies marking Johnsons 65th birthday anniversary. At the LBJ Library in Austin, Lady Bird Johnson and daughters greeted the commemorative stamp release of the late president. Mrs King reflects on a decade since I Have a Dream.
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Bank hikes prime rate to 9 3 4 percent in bid to curb lending
Chase Manhattan Bank raises its prime lending rate to 9 3/4 percent effective immediately, the 15th such increase this year if industry wide. Observers expect further rises toward 10 percent, with the current rate 1 4 points above the 1969 70 peak.
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