Restrictions Seen in Order On Use of Customers' Money
New York AP reports that brokerage firms keep using customer funds for trading, arguing no interest is needed. Hearings show regulators favor restricting such use but not a total ban, with potential allowances for financing customer credit purchases.
MENTIONED IN THIS ARTICLE
New York
Brokerage House
House Commerce
Regulatory
Stock Exchange
Securities and Exchange
Piedmont to Install EROS II Collision Avoidance System
Piedmont Airlines plans to outfit its Boeing 737 fleet with the EROS II automatic collision avoidance system starting with early 1972 testing and aims for full operation by 1973. The system warns pilots of nearby aircraft and prescribes evasive action, with deployment tied to industry-wide adoption and potential ground obstacle warnings.
MENTIONED IN THIS ARTICLE
Richmond
Mont Airlines
Piedmont
U.S
National Transportation Safety Board
California
W. O. Tadlock
Flight Tions
United
State Coin Show Opens at Natural Bridge Hotel
The three day Virginia State Coin Show starts today at the Natural Bridge Hotel with 40 dealers offering numismatic material. Exhibits include rare items and an auction is scheduled for Saturday afternoon. Hans M F Schulman will speak on Pirates in Numismatics at a 7 p.m banquet Saturday followed by a social hour. Open to the public.
MENTIONED IN THIS ARTICLE
Natural Bridge
Hans M.F. Schulman
Mariner 9 to Deliver Mars Weather Data and Images
NASA officials say Mariner 9 will study Mars daily and seasonal weather and send back 15 times more data from two flybys in 1969. The craft should reach Mars on November 13 and orbit for at least three months. A TV camera can transmit up to 5 000 pictures daily. project scientist is Robert H. Steinbacher.
MENTIONED IN THIS ARTICLE
Pasadena
Calif
Mariner 9
Mars
National Aeronautics and Space Administration
Mariner
NASA
Robert H. Steinbacher
Change to Flameless Heating Brings Comfort Home
Homeowner recalls skepticism about electric heating but switches to flameless system and finds it easy and comfortable. The piece highlights a successful conversion and improved warmth.
MENTIONED IN THIS ARTICLE
Potomac Edison
Rally Photos By Police to Be Appealed
The American Civil Liberties Union will appeal a federal judge’s decision that Richmond police may take pictures at rallies. The ACLU says the ruling, which refused a restraining order and dismissed the suit, infringes free speech and assembly rights and deters attendance.
MENTIONED IN THIS ARTICLE
Richmond
American Civil Liberties Union
ACLU
U.S. Circuit Court of Appeals
U.S. District Court
Walter F. Hoffman
Norfolk
Hoffman
Scrambling for Va. Horse Racing Sites Warned Premature
Virginia Beach Democrat Richard D. Guy warns that scrambling for specific horse racing sites now could jeopardize passage of pari mutuel wagering legislation. In a Thursday letter he cautions such actions would force legislators to vote on individual ventures rather than the overall bill. He notes support for a first track in Virginia Beach but avoids pinpointing a location.
MENTIONED IN THIS ARTICLE
Virginia Beach
Richard D. Guy
Ronald R. Joned Srpertonine
Chesapeake
Guy
Sinc
Rescue Squad Opens $35,000 Fund Drive
The Winchester Volunteer Rescue Squad launches its annual campaign with a goal of 35 000 for 1971 72. Volunteers will solicit in Ward Plaza downtown County Courthouse the A P Store on W Amherst Street Nichols Discount City and Town and Country.
MENTIONED IN THIS ARTICLE
Winchester Volunteer Rescue Squad
Ward Plaza
A&p
W. Amherst St
Nichols Discount
William H
Bill) Baker
Fund Drive
Winchester
Frederick County
Baker
Clerk sets off on world tour by train and ship
Alan Gilbert, 28, a clerk with the nationalized British rail system, leaves Bournemouth England to travel around the world using only trains and ships as far as possible. He aims to cover broad routes and experience varied rail and sea travel.
MENTIONED IN THIS ARTICLE
Bournemouth
England
Alan Gilbert
British Rail
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