The Daily Journal from Fergus Falls, Minnesota on June 8, 1976 · Page 3
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The Daily Journal from Fergus Falls, Minnesota · Page 3

Fergus Falls, Minnesota
Issue Date:
Tuesday, June 8, 1976
Page 3
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British pound makes gains LONDON (AP)-Thd pound made big gains today on the strength of a $5.3 billion foreign loan to bolster Britain's currency. The. battered currency jumped more than four cents to ll.M at the outset of trading, dropped back and then began moving up again. At noon, sterling was quoted al $177.45, up nearly two cents on the day. It was the second such rise since announcement of the loan Monday and sent the pound to its highest level since May 20. Che Swiss banking source said it seemed pressure was off sterling for the moment. But he added: "1 don't believe a country can get out ot a financial crisis by overspending and overborrowing." Dealers said acceptance by the miners union Monday of the government's wage restraint Fine gives guilty plea MADISON, Wis.(AP)-David S. Fine pleaded guilty in U.S. District Court today to charges of conspiracy and lin- ly enough support from the Lib- lawful flight to avoid prose- erals and other small factions ' cuton in connection with a 1J70 pian also helped the pound. The plan, limiting wage increases over the next year to 5 per cent, is the key to government efforts to bring down inflation. Britiih inflation, at an annual rate of 18.9 per cent, has been a major factor in the long decline of the pound from $1W in the spring of 1K5 to a record low of 11.7X0 on June 6. Chancellor of the Exchequer Denis Healey said the Labor government has ridden out the worst of the sterling crisis. Healey spoke to Laborite members of the House of Commons at a meeting called after opposition leader Margaret Thatcher announced that the Conservatives would introduce a' motion of censure blaming the government for Britain's economic crisis.' It is the first censure motion against the government since Labor took office after the Oc : tober VR\ general election! Adoption of the motion would force Prime Minister James Callaghan to resign and call an election for a new Parliament [Jut there was no indication the Conservatives, wlto trail the Laborites by 36 seats, could ral- the British currency, It was one of the best gains In months for the pound, which has dropped from {2,02 since early March. Prices on the London Stock Exchange also rose. The United States agreed to put up J2 billion, |1 billion from the Federal Reserve Board and $1 billion from the Treasury Department. The United States will accept pounds for the dollars used, and the Bank of England must buy the pounds back later. • The rest of the $5.3 billion is coming from Belgium, Canada, France, Italy, Japan, the Netherlands, Sweden, Switzerland, West Germany and the Bank for International Settlements in Zurich. Public Alan A Ida backs ERA Meetings The citkens advisory committee will have its regular meeting at 11:45 ajn. Thursday, June 10, at Haugen's. Information will be presented on public health, the city health department and drugs by city sanitarian Arnold Ellingson and possibly a Fergus Falls Medical Group staff person. ATLANTIC CITY, N.J. (AP) - Alan Alda, who portrays a doctor on the television series "M-A*H," totd several hundred nurses meeting here that they can eliminate sexism in their jobs by supporting the Equal Rights Amendment. In an address to about 7M nurses at the American Nurses Association convention, Alda said doctors consider nurses little more than handmaids because of the stereotype that women are inferior to men. "What we need in this country is a clear signal to the courts on sex, like we had on race, to promote a clear system of thinking on the issue: that this is something that the country has said is wrong," 'said Alda. The actor noted that the amendment is still four states short of the number needed for ratification. Sailiif races set it Like Darliig The Alexandria Yacht Club will bold its first race of the year Sunday, June 13, at Lake Darling at 1 p.m. Gary ' Ekdahl, vice commodore, said sailing friends in the Fergus Falls area will be welcome. They may own boats ranging from a 9-foot homemade boat to a SWooter. The meeting place is Arrowwood. Ekdahl may be contacted at 61Z44M674. Ferjis Falls (MnJ Journal Tun., June 8,1976 3 Traffic accidents claimLtJ more than 45,500 lius in the United States in 1975, according to th« American Safety Belt Council. Four persons have been convited in county court on charges of driving while intoxicated. Richard L. Holland, Ungby; Steven C. Nyslrom, Brooklyn Park, and James V. Logan, Dalton, were fined $300 and ordered to attend safety seminars. • Joel M. Stokka, Minneapolis, was fined $300 and sentenced to 60 days, 50 days suspended. Automatic Softeners For Rent $7,Wand up nr|||>c SOFT UUB ° WATER RENTAL-SALES SERVICE R I — Richville.Minn. 495-2215or758-2«3 bombing that claimed the life of a University of Wisconsin researcher. Fine was convicted on the two charges by Judge Myron Gordon, who determined that Ule government had a factual basis for the charges. Jury selection for Fine's trial had been scheduled to begin Monday, but the trial was cancelled after plea-bargaining by prosecution and defense attorneys. Fine agreed to plead guilty to the two charges in retrun for the prosecution's promise to recommend that three other charges against him be dismissed at a sentencing hearing to be scheduled later. Fine could face a 10-year prison term and a $15,000 fine on the two federal charges. He was scheduled to appear later today in Circuit Court, where he faced additional state charges. to turn the government out. The government's fortunes were, boosted by the announcement that the 260,000 coal miners voted to 'accept the 4.5^>er- cerit voluntary ceiling oh wage increases that Is the key plank in Healey's counter-inflation program. The climate in the'business and financia} communities was likely to be improved still more by the government's announcement that for the time being it is shelving its legislation to na- tionalize'the shipbuilding and aerospace industries, the Conservatives have delayed the bills repeatedly on procedural points. The pound rose four cents Monday to.close at $1.756 after the announcement that the United States and 10 other financial allies were making $5.3 billion in credit available to the Bank of England to be used to halt the precipitous decline of On the ^ focal scene Wall to be refaced Vince Kilde will start work on refacing the north wall of the building owned by Otter Tail Power Company on Mill Street across from the Pest Office in the next few days. Under the $11,443.40 contract the wall will be insulated and stuccoed to match the'existing stucco. The sidewalk will be Mocked off during the work and a temporary walkway will be constructed. „ Three accidents reported ' Four cars were damaged in a pikup on Lincoln Avenue near the Court Street intersection Monday, according to city police reports. Drivers and damages were listed as Steven Lindgren, Dilworth, $100; LavonneJMadsen, «1 E. Vasa, $700; Michelle Moss, 427 W. Charming, $700 and Alice Valen, Morris, $500. Two other collisions were reported Monday. Cars driven by Joyce Haarstad, 525 W. Alcott, and Harry Filer, 1220 S. Cascade, collided in the 400 block of South Cascade, damaging Fuder's car $200. Haarstad's car was not damaged. A car owned by Alfred Slaten, Williston, N.D., was reportedly damaged $150 by a hit-and-run driver in the parking lot of the Travel Wise Motel. Rabies clinic June 10-12 An annual rabies clinic is scheduled June 10-12 by the city health department. It will be held in the park north of City Hall. Hours Thursday and Friday, for dogs only, will be from 7 to 9 p.m. Clinic hours Saturday will be from 2 to 5, with the hour from 2 to 3 reserved for cats only. Vaccinations are for a two-year period for dogs, so if dogs received shots last year they are not necessary' this year. Shots are required every yea r for cats. The fee remai ns at four dollars. Arnold Ellingson, city sanitarian, urges city residents to take advantage of the clinic arranged with the cooperation of veterinarians. Rodeo participants Four Fergus Falls youths will take part in the 21st annual Minnesota High School Championship Rodeo to be held June 18-20 at I^e Mar Ranch, Granite Falls. They are Diane Formo, Jeff Eisenhuth, Chuck Gnahn and Jan • Stavaas. The Granite Falls Chamber of Commerce reports a total of 149 entries for the rodeo. Crusade continues Attendance at the Uke Region Crusade last night was reported at 1,075. Tonight is Youth Night and Doug Kingsriter of the Minnesota Vikings will be present. Special muiic is scheduled Wednesday. The crusade continues nightly this week at 9 p.m. in the Fergus Falls Senior High School gymnasium. Dr. Jorn Wesley White is the speaker at each session! Tree inspectors certified Fergus Falls park superintendent Bernie Pretts and operations, coordinator Don Eisenhuth have been certified by the Minnesota Department of Agriculture as tree inspectors, enabling the city to apply for matching fund grants to combat Dutch elrp disease. Although Fergus Kails has not had a great problem with the disease in the past - fewer than 10 trees have been positively identified as diseased in the years there has been a control program - the disease is expected to be on the increase, claiming 14,000 trees this year alone in St. Paul. The city program will include identification and destruction of diseased trees, additional training (or the inspectors, an annual inventor)' <* elms ami checks of woodpiles to make sure elm wood ;•. Staked. For 5 Important Reasons (Compare This b Your Present Checking Account) 1 Serialized Statement "The Unscramble*", Your Banco Bank unscrambles • your monthly statement. Your checks appear in the proper numerical order. You afso know which checks haven't been processed. 4?NoCh argeChecking There are* no service charges to pay no matter how mzny checks you write when you have Better-;han Free Checking from your Banco bank. Write all the checks you need. Make all the deposits you liVe. This one feature of Better than Free Checking can save you S50 a year. And a'J you have 10 do ii qualify ior Ihe checkbook backup service. Ready Reserve. J Ready Re serve If you never need to use it, it will never coil you a Still you'll always have an extra money supply to draw on Because Belter-than Free Checking with Ready Reserve service lets you write yourself a loan from your checkbook. If Ihe amount is more thai your balance. Ready Resent covers it automatically. It's one more way we simplify money handling , Here's a.tollier,.. 4 No Minimum Balance 5le You're free to make full uw of every penny in youi account. Write alt the checks you need free of charge and without worrying about maintaining a specified account balance. Make money handlirtg easier on yourself. " lephone Transfer Keep your savings drawing instant interest right up to the momenl you want it transferred lo your checking account. Just pick .up the phone and we'll do the test. We've got £ it all . for you! BANCO NORTHWESTERN BANK Of Fergus Falls ral La iJHiul niitTfil penalty 1} lime c/rpmrrj jr ( - t

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