Cost Of Money Up In North State Rate Hike
Gov Dan Moore and the Council of State raised the banks rate from 4.2 to 4.5 percent Monday. State Treasurer Edwin Gill said the rise, the second since Sept 25, 1885, aligns with the Federal Reserve Board hike from 4 to 4.5 percent. The charge is tied to yields on U S Treasury securities and affects certificates of deposit.
MENTIONED IN THIS ARTICLE
Raleigh
API
Carstoa Wanks
Dan Moore
Council of State
Edwin Gill
Federal Reserve Board
U.S. Treasury
Gill
Council
Vatican Council Nears End Promulgates Four Decrees
Vatican City AP report describes the Pope and bishops preparing to promulgate the last four decrees of the Vatican II council as it nears completion. Simultaneous statements by Pope Paul VI and Patriarch Athenagoras aim to lift excommunications dating to the East–West split. The decrees cover religious liberty modern world problems priestly life and missionary activity as part of the council’s modernization blueprint.
MENTIONED IN THIS ARTICLE
Gerald Miller
Vatican City
Paul VI
Worldwide Assembly
Pape Paul
Vatican
Athenagoras
Istanbul
St. Peter's Basilica
North Carolina Leaders back Fed rate hike action
In Winston-Salem Archie Davis of Wachovia and Addison Reese of North Carolina National Bank voiced support for the Federal Reserve Board's decision to raise the discount rate from 4.0 to 4.5 percent and the bank loan rate on deposits to 5.0 percent, arguing the move anticipates inflation and aligns with a higher cost of money. Local bankers expect limited direct impact on consumers, noting ongoing soft credit conditions while mortgage and consumer loan rates rise in response to tighter policy.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina
Federal Reserve Board
Federal Reserve System
Key
Winston-Salem
Archie K. Davis
American Bankers Association
Wachovia Bank Trust Co
Chapel Hill
James L. Knipe
Marlin
University of North Carolina
North Carolina National Bank
Addison H. Reese
Reese
Take Up One Issue Rules To Govern Special Session
North Carolina leaders outlined ground rules for a special session to reapportion the General Assembly and congressional lines. Gov Moore set Jan 10 for the session as three judges ordered reapportionment. Leaders said only redistricting would be addressed, not broader measures, and avoided adding seats or a weighted ruling system. Four incumbent congressmen may face each other in the redraws amid party shifts and district changes.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
General Assembly
Gay
Bob Scott
Pat Taylor
Guy
Dan Moore
Supreme Court
Seoil
Taylor
Senate
House
Redistricting Hurdles Likely for Four In Congress
Districting expert Jonas and Whitener raise chances of incumbents facing each other in next year as reapportionment looms. Officials from The Norte Vara Institute of Government note potential clashes among Reps. Jonas Whitmer Cooley Payatian and others as federal courts review apportionment standards and a General Assembly move to redraw districts.
MENTIONED IN THIS ARTICLE
Sanders
Hecintoas Wy
Federal Courts
Cires Lider
General Assembly
Wheat Sale Briefs From Across The Nation
Mexico agrees to sell 40? million bushels of wheat. London stage notes report mixed reviews for Hello Dolly and Mary Martin. Philadelphia rail order places 2,064 frigid cars worth 416 million dollars. Fort Worth and other items mention a purse theft and care.
MENTIONED IN THIS ARTICLE
Mexico
Republa
London
Briain
Hekm Agony
Keith Prowse
Sid Todiy
Mary Martin
Empty Stocking Fund Boosted by Holiday Gifts in The Gazette
An article details community donations to The Empty Stocking Fund and The Salvation Army for Christmas. Lisa Jean Cox contributes $1.00 toward a goal of $3,000 to buy one toy per child for nine area families, as gifts push total receipts above $94.07 with many individuals named and checks totaling significant sums. The piece notes donors include Bernice and Ruth Posey, and lists numerous contributors from Gastonia and surroundings as the drive nears its deadline.
MENTIONED IN THIS ARTICLE
Lisa Jean
Liss
Jean Cox
Salvation ‘Sea “Hempty Stucking
Farilies
Issus Bernice
Ruth Posey
Salvation Army
Alice
Gastonia
Miniiany
Tor Pihe
Evistiias
Aehuainy
Shpall
Sara, Stuart
Ant
Ribesariilette
Aid
Frank Th. Keathey
Tlarelt R. Lineberges
Crouse Bel
Ada Hawkin
Gasottia
Helmut
Bixler
Arustrine Meuroeil Presbyterian Church
Opal Roach
Poplar SC
Debbie
Randy Alexander
Fant
Cutback Benefits Hit South Carolina Bases
Defense Secretary McNamara announced a military cutback affecting bases in South Carolina. The 46th Fighter Interceptor Squadron at Charleston Forecast Base will be deactivated, while most base requirements may shift, potentially increasing civilian employment at other sites. Navy and Marine training changes are planned to reduce personnel and costs, with discussions led by Rep. Lends Rivers and the House Committee chair urging a set closing date and savings implications.
MENTIONED IN THIS ARTICLE
Washington
South Carolina
Defense
Robert McNamara
Chariesanay Fores
Duly Fa
Thy
Waitars Ajat
Hase
Fatal Early Morning Wreck At New Hope Road
R Z Johnson died as a car failed to stop at a New Hope Road intersection. A second vehicle occupants Mrs Falls and a man suffered lacerations and pains before being treated at a hospital. The crash drew witnesses and Civil Defense responders as investigators noted skid marks and a Chevrolet toppling onto a Ford. Detectives identified the drivers and passengers and filed no charges yet.
MENTIONED IN THIS ARTICLE
Craig Dranhatue
Bratty
Behr
Belmont
Eau Bogotaute Kennet L. Standl
Kew Hope Ra
Fran
Riteair
We Gasto Rittal Po- Fee
Jim Seek
Fletcher
Alou
Bard
Gaston
Civil Defense
Mars
Alben McGinnis
New Hope
Iweil Packing
Mises
Wix
Forest blaze kills three children amid widespread fires
Amid chaotic wildfires across multiple counties three young sisters from the Maru well County perished in a woods fire. State fire crews battled blazes with military aid and warned of dangerous winds and dry conditions. Authorities reported dozens of fires, including in Florence Williamsburg Berkeley and Dorchester, with emergency officials urging caution.
MENTIONED IN THIS ARTICLE
Aiasd
Ber Chayis
Maruweil
Adwan Woods
Florence County
Vi Jn
Williamsburg
Mise
Berkeley
Backlogs Delay Draft Men in North Carolina This Month
The Associated Press reports ongoing draft backlogs in North Carolina with married men free from service this month. Officials caution enlistment numbers remain uncertain as backlogs extend into September, affecting Ags and county offices as they prepare new lists and deadlines.
MENTIONED IN THIS ARTICLE
North Carolina
DMS
Devenir
Associated Press
Glee Sa
Los
A. Cyonty Ord Iesinda
Dent
Shane
Mackie
Yar
William S. McCughen
Selecta Seroee
Two Officers On Viet List Two Officers On Viet List
In a Defense Department release, two officers named on the Vietnam list are identified. The document lists Captain Willia D. Hers and others connected to Mrs. Mira A. Winston of Hus Point NC, along with several other personnel.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
Setton
Djames AL Matsui
Hoshaod
Mira A. Winson
Hush Point
Williaa
Dasha Ob Ma
Pegey Pe. McPherso
Goluaebia
Spacemen Readied for Gemini Seven Rendezvous Mission
The Gemini crew including astronauts Frank Borman James Lovell and the other team members prepared for a potential dawn launch from Cape Canaveral. Officials weighed delaying to Wednesday while weather and readiness shaped the final decision. If launched, the plan is to rendezvous with Gemini 7, with discussions on timing and flight contingencies continuing amid technical checks and medical tests.
MENTIONED IN THIS ARTICLE
Y Howard
Frank Barnen
James A. Lovell Jr
Ainiel Gemini
Wavy
Waller
Tamas D. Stafford
Gemini 7
Space Agency
Pepara
Howe
Wiljay
Jess
Geraif
Kraft Dee
Bor
Lavell
Air Force
Danaea
Navy
Mace
Vaio
Porman
Ant Lovell
Lovell
Plane Flew Low Then Bombs Fell At Pearl Harbor Witness Recounts
A survivor recounts a sunlit Sunday morning at Pearl Harbor 2 years ago, a low flying plane overhead before bombs struck Oklahoma and other ships. Ensigns aboard further describe the attack as the harbor trembled. The account recalls the moment of impact, the ship’s loss, and the enduring tribute to fallen comrades.
MENTIONED IN THIS ARTICLE
Malcolm Barr
Pearl Harbor
Oklahome
Ba- Vy
Yong
Dow
Pearl Harbor Naval Advil
Honolaba Fe
Newsport I
Glasswiutes
Okahoma
Atizong
Nagy Med Renin
Stnken
Anette
Sherwin
Oktalnian
Teon
Mts
Also Mentioned on This Page
Vatican Assembly
Federal Board
Federe Reserve Board
Federe Reserve
Cliff Cameron
Cameron - Brown Co
Senit
John Sanders
Institute of Government
Jones
Copley
House Agriculture Committee
Jonas
Whitener
Dan Mires
Santeni
Leeds Divas
Wisiigh Am Weitener
Cooley
Heath Dishiet
Briefs Wheat Sale
Philadelphia
The
Pennsylvania Railroad
Sigst
Caryal
Total Gant Ab
Ford Worth
Tox
Oluieh
Roy
Casta Moore
Tim
Svinisha
Chris
Starntase
Marine
Muse School
Dey
Georgetown
Sc. Navy
Lends Rivers
Bt Chaitima
Mouse Committee
Dale
Susan Vee
New Hope Road
R. Z. Johnson
Hoonzun
Ion
Met Ciy
Are Rangen
Tes
Jehnson Af
Tucanhc
8. C
Ronaldohnson
Eric W. Partie Bell
Melvenville
Helmont
Lower
Soulls
Caroline Gatighters
Li &Fuls
Linder-Dry Stondlands
Sohn
Shirer
Elate Toreslen
AI State
Adwinied Alive
Gwrsen mi, Sere Oplaved Amt Stench
Wert
Agulpmient Fem Ypstae
Eae
Sears
Bamhere
Suauter
Lesleeturt
Aiken County
Ey County
Ft Sumaper- Vilte
Sturt Merleds
Town Fire Department
Charleston Air Force Base
North cCharleston
Iui
MeCwehtua
Flese
Craijantinany
Cheambor
Wrens
Mit Bitte
Betes
Geb
Uae
TSN
Aapauts
Mes Toy
York
Gast County
Jared GH
Chiza New
Nawemben
Seng
Peeryilers
Salsone
Wien
Tallein Walston
General Quay
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