Prime banks cut prime rate to four percent
New York banks including Chase Manhattan and Chemical cut the prime rate from five percent to four percent, the lowest since 1963. First National City Bank lowered its base rate further. Other major lenders such as Bank of America Manufacturers Hanover and Crocker also trimmed rates. The move follows Federal Reserve pressure and aims to ease consumer loan costs.
MENTIONED IN THIS ARTICLE
New York
First National City Bank of New York
Chase Manhattan and
Chemical Banks
California
Bank of America
Manuacturers Hanover Trust
San Francisco
Crocker National Bank
Case heads docket in Bessemer City school fight
Bessemer City residents seek a temporary injunction to stop the county school board from purchasing a 54 500 site at Tryon as part of a prolonged legal battle over Northwest High School consolidation. The first Gaston Superior Court hearing opens at 1 am with Judge Harry C. Martin presiding, while related suits and charges against school officials are noted.
MENTIONED IN THIS ARTICLE
Bessemer City
Northwest High School
County School Board
Oucome
Tryon
Gaslou Superior Court
Harry C. Martin
Asheville
Moore
Gastonia
Cherryville
Lillie and Associates
Charlotte
Howell Stroup
Robert Grigg
Robert Stroupe
Larry Petty
Bobbie Rowland
Lowell Dennings
Marlin
William B. Lille
Gaslotia
Nto Lafer
Rey
Steve Walsh
Chim
Apel Ic
Democrats Attack Nixon In Nationwide State Of The Union Rebuttal
Congressional Democrats used free broadcast time to fault President Nixon on the war, urban neglect, and jobs. Five House members and four senators led an eight person panel answering Nixon issue by issue, with questions from viewers. They urged cooperation only if the President vetoes bills against national interests, and they pressed for action on consumer affairs health care education elderly and minority problems.
MENTIONED IN THIS ARTICLE
Wasilington
Nixon
House
Jown
Nal
Billings
Mant
Carl Mbert
Oklahoma
Democratic Congress
Albert
Democrats
Congress
International Longshoremen’s and Warehousemen's Union
Crimes and Meters and Mild Probes in Sunday Gazelle
A Sunday feature notes rising concerns about suicide risk profiles and prevention, explores why parking meters draw ire, and reports on Rural Police ambulance changes, arrests, and county court-house shifts. It previews a four part Women's Pages series on sex by force and praises Judith Anderson for a Penney Missouri award winning take on rape cases with research and official input.
MENTIONED IN THIS ARTICLE
TIE
Court House
Jook
Sex By Force
Penney-Missouri
Judith Anderson
San Francisco Chronicle
Servicemen charged in heroin case
GOLDSBORO N C AP A master sergeant and a retired soldier were arrested by federal agents Friday on charges of smuggling 17.3 pounds of heroin into the United States from Thailand William Herman Jackson 45 of Philadelphia and Goldsboro and Jerall Gantous 57 of Washington were named The heroin could have been sold on the street for 8 million dollars It was shipped on a commercial freight and was destined for distribution along the East Coast including North Carolina to Baltimore and New York areas The investigation involved the Bureau of Narcotics dangerous drugs and Air Force Army and local authorities with Jackson and Gantous both in custody later Friday afternoon.
MENTIONED IN THIS ARTICLE
Goldsboro, N.C
APY
Air Force
United States
Thailand
Treasury Department
Bureau of Customs
William Herman Jackson
Philadelphia
Goldsboro
Jerall Gantous
Washington
Jackson
Army
Hws
Dark
Bangkok
Customs Bureau
Sai US
Gantous
Seymour Jolson Air Force Base
Lowry Apb
Colo
Lowry
North Carolina
pington-Baltimore
New York
Dustion Tepirts
Wnent
Bureau of Narcotics
Air Fores
Arty Wid Nort
North
Ganious
Seus
Goldlsborg
Rustoms Bureau
Southeast Asia
Emergency longshoremen strike prompts congress action
President Nixon asked Congress to pass emergency legislation to force West Coast longshoremen back to work while a federal panel moves to binding arbitration. He urged action within a week to end the disruptions across 24 ports from Canada to Mexico, as ILWU and Bridges warned the move could set a precedent for organized labor.
MENTIONED IN THIS ARTICLE
Key Biscayne, Fla
API
Nixon
Congress
Ronald L. Ziegler
Ziegler
ILWU
Harry Bridges
Nikon
Tar Heel Crime Victim Study Highlights Fear and Bias
The 1015 North Carolina residents surveyed show one third of Tar Heels faced crime in the past year and over half fear property theft or assault. The study notes high concern about consumer frauds and distrust of police and courts, with blacks more likely to report unfair treatment. Courts and prisons receive lower confidence than police.
MENTIONED IN THIS ARTICLE
Raleigh, N.C
API
North Carolina
Mos
Five NC Governor Hopefuls Speak at State Press Session
Five North Carolina gubernatorial hopefuls appeared in a general session before the North Carolina Press Association. They presented self introductions, then faced audience questions on campaign spending, prison reform, and education as rehabilitation. Each candidate outlined views on electoral funding, taxation, and criminal justice policy.
MENTIONED IN THIS ARTICLE
Chapel Will AP
North Carolina
Anniv Orer
Aquor
Deaths and Notices Listed For Community Record
A list of death notices appears with names including Mrs. Ian A. Rankin Mrs. Mackey Uh Mrs. Leatherman and Mr. Leithus plus Stanley Roberts and other residents. The page notes address fragments such as 141 Widgewood NE and 210 Mauney Ave and references to page 24.
Providence Road bank robbed in Charlotte NC
A Providence Road Northwestern Bank branch in Charlotte was robbed by a man wearing a blue toboggan who escaped with 3000 to 4000 dollars. The holdup occurred shortly after five p.m. with the bank set to close at 6 p.m. It marks North Carolina’s fourth bank robbery in three weeks of the new year.
MENTIONED IN THIS ARTICLE
North Carolina
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