Weekend in Business Faces Tightened Money Squeeze
Three developments pushed borrowing costs higher and money scarcer. Banks raised the prime rate to 6 percent and broker loan rates to 6 1/2 percent, while the Fed boosted reserve requirements on large time deposits. Secretaries cautioned the impact on loans, housing, and autos.
MENTIONED IN THIS ARTICLE
AP Business News
Washington
Federal Reserve Board
of the ‘Treasury
Henry H. Fowler
Federal Reserve Bank
Commerce Department
air+ ‘line
Elephant in Prague Zoo Uses Indian Language Tape
AP reports a Prague Zoo elephant follows exercise routines with a tape recorded in an Indian language. CTK notes the elephant was trained using that language, suggesting linguistic cues guided its training.
MENTIONED IN THIS ARTICLE
Prague
UAW Talks on Immediate Pay Raise Amid Auto Unrest
Detroit AP reports unrest among skilled auto workers over pay and work rules as UAW and industry prepare to reopen contracts with General Motors Ford and Chrysler. Trade groups seek higher wages for skilled trades while production workers seek inclusion, amid absenteeism and cleanup disputes at Woodhaven and other plants.
MENTIONED IN THIS ARTICLE
Detroit
Auto
United Auto Workers
UAW
General Motors
Ford
Chrysler
Ford Motor Co
Woodhaven
Edward J. Plawecki
Plawecki
Governor orders probe into prison camp escapes near Chatham
Gov. Godwin ordered an investigation by state police into a series of escapes at State Convict Road Camp 15 near Chatham. He sent a letter to Judge Langhorne Jones promising action. Three escapes occurred in 2 1/2 months and one inmate allegedly terrorized local families, kidnapping and raping a woman.
MENTIONED IN THIS ARTICLE
Richmond
Godewin
State Convict Road Camp 15
Chatham
Langhorne Jones
Pittsylvania County Court
Godwin
Pittsylvania County
Kentucky’s Waterways Host Eleven Big Lakes and Dozens More
Kentucky, though landlocked, features eleven major lakes and about thirty smaller ones. The system of reservoirs and natural lakes supports recreation, flood control, and water supply across the state.
MENTIONED IN THIS ARTICLE
Kentucky
Luci Johnson Nugent Starts New Texas Home Life
Luci Johnson Nugent and husband Patrick plan a quiet move into an Austin apartment near the University of Texas. She attends college part time while Pat pursues a master's in business adminstration. The couple recently returned from a Bahamas honeymoon and face a busy social calendar including weddings in Washington.
MENTIONED IN THIS ARTICLE
Austin
Tex
Luci Johnson Nugent
Texas
Patrick
Pat
Luci
Washington
Bahamas
Kathleen Carter
Cliff Carter
Democratic National Committee
Patsy Derby
Nuegents
Pennsylvania
Secret Service
Front Royal Market Prices for Hogs Cattle and Calves
Hog prices top 26.25 for topweights and 18.50 to 19.60 for butcher sows. Veal ranges from 29.00 to 36.50 with various grades. Slaughter cattle list steers and heifers with Good to Standard values and cows and bulls across Commercial Utility and canner categories. Stock feeder cattle show calves and yearling prices by weight and grade.
MENTIONED IN THIS ARTICLE
Choice
Utility
Canner & Cutter
Cutter & Utility
Gagarin Worked as Foundryman Before Space Flight
Soviet astronaut Yuri Gagarin’s original profession was a foundryman, the Czechoslovak news agency reported. C.T.K. said this in connection with his visit to a steel plant in Kosice where he wore a foundry worker’s suit and did some steel work.
MENTIONED IN THIS ARTICLE
Bratislava
Czechoslovakia
Yuri Gagarin
C.T.K
Gagarin
Kosice
Slovakia
Also Mentioned on This Page
By Jack Lefler
Joane
Anne Adams
Winchester Evening Star
West 17Th St
New York
N Y
Denny Lee
Paul Milton
Jim Hall
TAC
Leggett’s
Bill’s
Oxford Shop
Senior Citizens Garden
Ford Local 600
Walter Reuther
The
Bureau of Labor Statis
Ridge Homes
Middle Road
Plaza Real Estate
Agency
EDL
Molden
Valley Ave
Winchester
Austin, Tex
Front Royal Markets
Sen
Virginia Daily
Evening Star
WINC
Whpl Radio
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