C. 300 m/s
D. 200 m/s
E. 150 m/s
September 28, 1984 Page 2
NATION AND WORLD
Major U.S. banks lower their prime interest rates
KANSAN
NEW YORK — Major U.S. banks yesterday lowered their prime interest rate to 12 $4 percent from 13 percent, with one going to 12 $4 percent.
The nation's largest bank, Bank of America, based in San Francisco, and such big New York banks as Citicorp and Wells Fargo were among the banks reducing their principal
The 13 percent rate began to crack Friday when Morgan Guaranty Trust of New York, the nation's fifth largest bank, lowered its rate to $12_{-3}$ percent.
Troop reduction talks resume
First National Bank of Chicago was among the first non-New York banks to announce a reduction to 12% percent. The bank, c/o San Francisco, announced a 12% percent prime rate.
VIENNA, AUSTRIA — NATO and Warsaw Pact delegates blamed each other yesterday for the stalemate in arms negotiations as long-running talks resumed discussion reducing conventional forces in Europe.
At the reopening of the 11-year-old Mutual and Balanced Force Reduction (MBFR) talks after a summer recess, East Bloc spokesman Josef Sestak of Czechoslovakia said the deadlock in the negotiations was solely the West's fault.
The goal of the negotiations is to reduce troops to 900,000 per side.
Magazine reveals coin use
NEW YORK — Suffragette Susan B. Anthony would be horrified — the only regular users of the "silver" dollars with her likeness are men who spend them to see naked women at peep shows, a magazine reported yesterday.
United Press International
"Patrons . . happily hand over foldable dollars for handfuls of the coins," said the magazine, Vanity Fair, in its October issue.
"One Anthony then dropped in a coin box will electrically pull back a curtain to reveal a naked woman and activate a telephone link for one minute in a 'one-on-one booth,' a two-compartment affair with a seemingly airtight glass partition.
Lagoon is holding anchovies
STINSON BEACH, Calif. — Hundreds of thousands of anchovies were dead or dying yesterday in the Bolinas Lagoon, the second time in three weeks the phenomenon occurred in waters just north of the Golden Gate bridge.
Thousands of the silvery little fish, swept into the lagoon at high tide, were floating on the water. Tens of thousands more sank to the bottom of the inlet.
Compiled from United Press International reports.
FT. LAUDERDALE, FLA. — A traffic sign in the New River designed for boat captains seems to direct a motorist. Heavy
rains from tropical storm Isidore and the high morning tide yesterday caused the river to overflow its banks.
Florida holding up against storm
By United Press International
CAPE CANAVERAL, Fla. — Tropical storm Isidore moved into central Florida's east coast yesterday, buffeting the nation's coast with wind gusts to 60 mph that did little damage.
The shuttle Challenger, lashed to its oceanside launch pad in preparation for launch Oct. 5, withstood the onslaught of wind and heavy rain from what a deputy sheriff described as little more than "a bad thunderstorm."
There were no reported casualties from the season's ninth tropical twister and damage appeared confined to beach erosion, downed utility lines and road washouts. The heavy rains and high tides, ranging to 3 feet above normal, washed out 1,000 feet of scenic oceanside highway A1A at South Palm Beach
The storm interrupted Florida's battle to eradicate the canker disease threatening the city.
Citrus growers feared the wind and rain
might spread the highly contagious bacteria from nurseries where infected seedlings have not yet been destroyed, but agricultural experts said Isidore's northerly track reduced fears that the disease might be spread
The storm's path took it through the heart of the Indian River citrus country where ripening grapefruit were hanging heavily on the trees and vulnerable to loss.
At 5 p.m. CDT, the National Hurricane Center reported Isidore's center was about 20 miles inland, halfway between Vero Beach and Melbourne.
"The center of Isidore continues to move towards the north-northwest 10 to 15 mph along and parallel to the central east coast of Florida," an advisory said. "A large part of the circulation remains over water and there are no significant wind shear." moth with higher eusts in heavier swallows."
Many young people along the east coast — released from school yesterday for the Jewish holiday — were enjoying the rough conditions were dotted with surfers and fishermen.
Patrick Air Force Base, 17 miles south of Cape Canaveral and headquarters of the Air Force's Eastern Space and Missile Center, was hit with 60 mph gusts. Planes at the base had been secured inside hangars or flown out before the storm hit.
At posh Palm Beach, the wintering spot of the rich, the only store front that appeared to be prepared for the storm was the Rolls Royce agency, which had its windows covered with X's of masking tape to keep them from shattering.
Melbourne reported winds gusting to 55 mph between 1 p.m. and 2 p.m. Vero Beach was hit with 50 mph gusts before the center reached there.
An Indian River County Sheriff's
sanction said it was like a bad thunder-
storm.
As Isidore moved northward, gale warnings were extended from Jupiter Inlet, just north of Palm Beach, to Fernandina Beach, north of Jacksonville.
Neil Frank, director of the Hurricane Center, said since much of the storm was still over water it had not weakened as expected when it reached land.
CIA remark 'distorted,' Reagan says
By United Press International
WASHINGTON — President Reagan, under mounting attack from Democrats, complained yesterday of "distorted" suggestions that he blamed the bombing of the U.S. Embassy in Beirut on intelligence bombings caused by the Carter administration.
White House spokesman Larry Speakes said Reagan did not believe that there had been an intelligence lapse in Lebanon and retained confidence in the CIA after the third such attack on a U.S. installation in 17 months.
The comments came as the White House tried to contain a controversy touched off by the explosion and marked by an exchange of charges and countercharges in the heat of the
The sudden debate over the adequacy of U.S. intelligence capabilities in Lebanon sprang from Reagan's remark Wednesday that "the near destruction of our intelligence capability in recent years, before we came under attack in United States vulnerable to acts of terrorism."
While at least one aide confirmed that the president was pointing a finger at the Carter administration, which shifted emphasis from cloak-and-dagger spies to technical means of intelligence gathering. Speaks said that was not Reagan's specific intent.
Reagan complained to reporters "about the way you distorted my remarks about the CIA." Speakes said the complaint was with "representations in the media that the president was putting blame entirely on the Carter administration."
Instead, he said, Reagan was alluding to "a decade-long trend" of pressure on the CIA to turn away from traditional means of spying. But Speakers went on to acknowledge that the bird's nest was the focal point of the CIA — the firing of hundreds of aerial took place during the Carter presidency.
Jimmy Carter responded sharply to Reagan's comments, saying, "This series of tragedies in the Middle East has been brought about by the president's own deeply flawed policy and inadequate security precautions in the face of proven danger."
Stansfield Turner, who was CIA director under Carter, said of changes at the agency during that administration: "We did not reduce even one operative overseas. What we did do was reduce some bureaucratic overhead in Washington, based on recommendations from a report of professionals in the CIA."
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