U S to auction half a million ounces of gold
The United States plans a second public auction of about 500,000 ounces from its gold stockpile on June 30. At roughly 167 dollars per ounce, the sale could bring in over 83 million dollars. Treasury undersecretary Jack Bennett says the goal is to sell to the public at a high price but not to encourage gold as an investment.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Treasury Department
Treasury
Jack F. Bennett
Bennett
U.S
New York City to Lay Off 16 590 Workers in Crisis Budget
Mayor Beame announced in a live television address that 16 590 city employees will receive pink slips next week as part of a crisis budget totaling 11.89 billion dollars. The first round targets police, sanitation, fire, prison guards, transit and housing police, with thousands more in Board of Education, hospital, City University, and court system personnel to follow.
MENTIONED IN THIS ARTICLE
New York
UPI
Abraham Beame
Thomas P. Roche
Board of Education
City University
Beame
Prefontaine’s fatal crash linked to drunken drive
UPI reports track star Steve Prefontaine, 24, died in a sports car crash in Eugene Oregon. Autopsy shows blood alcohol level .16, with death from chest compression leading to suffocation. Prefontaine, famed for records from 2000 to 10000 meters, had just won a 5000m at a meet moments earlier.
MENTIONED IN THIS ARTICLE
Steve Prefontaine
Eugene
Ore
Eugene. Ore
UPI
United States
Edward Wilson
Lane County
University of Oregon
Oregon
America
Prefontaine
Frank Shorter
Pre
Oregon Star
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Elyria, O
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PCLT
LCCC
Elyria
Geneva College
Penna
Ohio State Patrol
CSS de Teaa
Elyria Savings & Trust Rae
JCI
Sete Ee
Lor
Jr Achievement Ymca
Cosme
Clare
Bennett Drive
Argu Dealc
Rotary
Buckeye Union Insurance Co
Bank Americard
EST Frontier Club
EST Bank Americard
Bankamericard
Lyria Savings & Trust National Bank
Notary Service
BankAmerica Service Corp
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