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February 15, 1973 - Image 2

Resource type:
Text
Publication:
Michigan Daily, 1973-02-15

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Page Two

THE MICHIGAN DAILY

Thursday, February 15, 19/3,

II '1

Dollar value decreases;
gold reaches new high

TONITE
Last Showing
NEW WORLD FILM CO-OP
-PRESENTS-
Will the real
"m Christian"
pcease stand.

FIRES BURN
MORE
THAN
TREES,

By Reuters and AP certainty lifted the price of gold
LONDON-The value of the dol- to new all-time highs.
lar was sent lower yesterday as Banking and other financial
world money markets opened, some sources in Europe conceded that
for the first time since Tuesday's the continued pressure on the dol-
devaluation. A wait-and-see atti- lar was making money markets
tude and continued monetary un- nervous. But they cautioned it was

too, early to tell whether this meant
the dollar devaluation would fail
to halt the international monetary
crisis of the past two weeks.
In New York stock market prices
fell sharply yesterday turning
around from the initial enthusiasm
in the wake of Tuesday's devalua-
tion.
The Dow Jones average of 301
industrial stocks dropped 16.85 to
979.91. Declines led advances on

ih
$2.00 $: O
FRI.-SAT.-SUN.
ELEKTRA Record's
P S

i

r

f

POWs

reach U.S.,

I

greeted b families
TRAVIS AIR FORCE BASE, at Travis Air Force Base, 50 mil
Calif. (A) - Twenty freed U. S. northeast of San Francisco,
prisoners of war flew home toward early yesterday evening.
America yesterday, some headed A quiet, low-key welcome w
for Valentine's Day reunions with planned for the 17 officers a
loved ones they'd not seen for up to three enlisted men upon their
7h years. rival after the 16-hour flight fr
The first major group of POWs Clark Air Base in the Philippine
freed under the Vietnam cease-fire Nine of the men will be reuni
agreement was expected to set foot with relatives at military hos
on the soil of mainland American tals in California.
__ __ --The others will walk to near
C9 Nightingale hospital jets wa
X ch d s ing to ferry them the final lap
NiXOn chides to eight other military hospitals
Maryland, Texas, Virginia a
Tennessee.
Forty . more POWs will foll
today in two planes. This will lea
80 of the men freed Monday s
e/ 0 st I at Clark and one in Saigon.
Although some bear the ma
of their confinement - scars
WASHINGTON UP) - President their arms from being bound wi
Nixon urged Congress yesterday to wire and poorly healed injuries
complete its "unfinished environ- the good physical condition andE
mental business" by acting on 19 thusiasm of most of the men
bills proposed by the administra- lowed a speedup in Operat
tion in the last session and still Homecoming.
pending. Meanwhile, U. S. and No
In a nationwide radio address Vietnamese officials met in Saig
he said this country is heading for to make arrangements fort
victory in what he called the war transfer of' 20 more Ameri
a g a i n s t environmental de- POWs who Hanoi announced wo
gradation. be released within the next I
Nixon promised a number of ad- days. A North Vietnamese spok
ditional initiatives in a forthcom man in Saigon said the datef
ing, and presumably more detailed the release had not been deci
special message to Congress later butnthe decision was expec
this week. soon.
But informed sources did not an--
ticipate any major new departures.
The President's proposed budgetw
for fiscal 1974 holds a tight rein on
environmental and resource spend-
ing and offers little encourage-t
ment to new programs that would .,.. kA W EE
cost substantial amounts of money. I III
Among the legislation to be re-
introduced, Nixon said, would be H RP MAYOR FEB. 19
bills to: encourage state land-use
planning; modernize federal min- Pd. political advertisement
ing and mineral leasing laws; im-
prove federal land management;
and achieve "enlightened regula-
tion of surface and underground
mining." \

the New York Stock Exchange by
a 4-1 margin.
In London and Zurich gold shot
up to a high of $72.13 an ounce.
The rise for the day in .London
les was a phenomenal $3.13, and only
in slightly less in , Zurich. Dealers
said trading was very active.
was The former record high for gold,I
and $70 an ounce, was set in August
ar- 1972.
om Congress is expected to give
es. quick formal approval to devalua-
ted tion of the dollar but a fight is
spi- developing over President Nixon's
plan to seek powers to raise bar-
rby riers against some imports, con-
ait- gressional sources said today.
tp_ The administration's bill is ex-
in pected to be presented in the next
and two to four weeks. The President
is already trying to offset any dif-
low ficulties that might arise by seek-
ave ing the support of a variety of conE
till gressional, business, agricultural
and labor leaders.
rks
on Everyone Welcome
vith MEET INTERESTING
- PEOPLE
en- AT THE
al-
ion
:BACH CLUB
arth
gon FEATURING
the Clark Suttle
tan
uld Double Bass
few { Suzette Larrivee
kes-
for Piano and Harpsicord
ded Leo Najar
ited
Viola

Commonwealth United Presents
a Grand Film Starring
TECHNICOLOR* .w.i
Released by COMMONWEALTH UNITED.
--PLUS---
A film short
"End of a Revolution?"
Che Guevara in Bolivia
7:15 and 9:30-
Modern Languages Auditorium III
(E. Washington at Thayer)
ADMISSION $1.25
Join The Daily.

ACADEMY
AWARD
NOMINEES
CICELY TYSON
BEST ACTRESS
BPAUL WINFIELD
BEST ACTOR in

I

singer-songwriter

1421 Hill STOET
76 IJIS1

"IT IS A MISSING CHAPTER
FROM 'THE GRAPES OF
WRATH' AND.OF
EQUAL STATURE."
Judith Crist, NBC-TV
SHOWS AT 1-3-5-7-9:05

I

.,dadnitz /MATTEL Productions
A Robert B. Radnitz/Martin Ritt Film

. ......... .

Read Daily
. I Classifieds
GUILD HOUSE-802 Monroe
FRIDAY, FEB. 16-NOON LUNCHEON-35c
Professor Rhodes Murphey
Dept. of Geography
"China ine May of '72"
FRIDAY EVEN I NG 6 P.M.
CHINESE DINNER-$1.50
for reservations call: 662-5189 or 663-2362

The Michigan Daily, edited and man-
aged. by students at the University of
Michigan. News phone: 764-0562. Second
Class postage paid at Ann Arbor, Mich-
igan. 420 Maynard Street, Ann Arbor,
Michigan 48104. Published daily Tues-
day through Sunday morning Univer-
sity year.' Subscription rates: $10 by
carrier (campus area); $11 local mail
(in Mich. or Ohio); $13 non-local mail
(other states and foreign).
Summer Session published Tuesday
through Saturday morning. Subscrip-
tion rates: $5.50 by carrier (campus'
area); $6.50 local mail (in Mich. or
Ohio); $7.50 non-local mail (other
states and foreign).

NOL"NO SOSBrAL OfMUSIC $
t SANTANA*A TEWART
JCeEFFL"ON ARPA
__ . L .pi fO
®"Metrocoior
not continuous with
"The Valachi Papers"

IPROGRAM:
Bach, Bottesinm,
Ditte rsdorf
REFRESHMENTS
E. Quad, Greene Lounge
Thursday, Feb. 15, 8 p.m.
No Musical Knowledge Needed
ABSOLUTELY EVERYONE
INVITED
MIDNIGHT SHOW
Friday and Saturday
plus Chapter 3 of
our continuing serial
"FLASH GORDON"
with Ming the Merciless
and Dr. Zarkov
starring Buster Crabbe
Doors Open 11 45
Admission $2.00
Next Weekend
Feb. 23 and 24
"ZACH A RIA H"
plus "FLASH GORDON"
cha pter four
*70'-970

I

Produced by
ROSS HUNTER'
SHOWING AT
01 SOUTH QUAD F
Feb. 15
k 7£r 9:45 p.
00Dining Rm. 2
Admission 75c
,...(Non S.Q. Resident)'
Info No. 40149
COMING: TAKE THE MONEY & RUN, 2001, BONNIE & CLYDE: (thursdays)___

STARR ING:
H EL E N HAY ES,
BURT LANCASTERJC L
JACQ UELIN E
BISSET,
DEAN MARTIN

IL

I

I

HAIRSTYLING
As You Like It-!
NEW TRENDS FOR 1972
TRIMS - SHAGS
AND RAZOR CUTS
2 SHOPS
611 E. UNIVERSITY
615 E. LIBERTY
Dascola Barbers

I

I

UAC-DAYSTAR presents
S"
HERBIE HANCOCK,
se ptet
and
FREDDIE HUBBARD
3s
and his band
SAT., FEB. 24 HILL AUD.
$4.50, 4.00, 3.50, 2.50 reserved seats
Available: Mich. Union 11:00-5:30 Mon.-Sat. 763-4553
-

l

Choose Keepsake
with complete confidence,
because the famous
Keepsake Guarantee
assures a perfect
engagement diamond
of precise cut and
superb color. There is
no finer diamond ring.
REGISTERED DIAMOND RINGS

"They do not love
that do not show their love.'
William Shakespeare

THURSDAY and
s. um~ersity FRIDAY at 6:40-9:08
Et1I SATURDAY and
SUNDAY at 1:00-3:30-
Theare Pone668-466 :05-8 :45

Academy Award Nomination
BEST PICTURE
and BEST ACTRESS (Liv Ullman)

"A
Pag
"M

I.. - I

"t _ _

Historical Stunni
gent" Masterpiec
-Vincent Canby, - --Dick Richards, Wt
New York Times
"Enormous Beau
asterful" and Pow
-Archer Winsten, -William W
New York Post mss:} Cue Maga
Max von Sydow-Liv Ullmann
'The Emigrants
Technicolor*-From Warner Bros, A Warner Communications Company

ing
cel
VHBI
uty
er"o
Nolf,
zine

Ingrid Bergman & Gregory Peck in ALFRED HITCHCOCK'S
S OELL Bu N
Academy Award to Miklos Rosza for Best Musical Score
(First film use of the elecronic instrument, the Theremin)
Academy Award nomination for Best Supporting Actor, Michael Chekhov
ROMANCE-WITH-MENACE SUSPENSE DRAMA with stunning directorial trickery.
Dream Sequence by SALVATORE DALI
TONIGHT!-Feb. 15th-ONLY! -7 & 9 p.m. - Only $1.00

special duplex showing with "Bananas" a campus premiere
Pier Paolo Pasolini's
screenplay by Pasolini from Broccaccio's DECAMERON
"Uninhibited and joyful .
taking 10 tales out of the 100
in Boccaccio's DECAMERON,
Pasolini has created one of the
most beautiful, turbulent and
uproarious panoramas of early
Renaissance life ever put on
film . . . the cast is composed
of amateurs, for Pasolini is
fascinated by the truth of un-
prepared faces. They are all
either extraordinarily beauti-
ful or extraordinarily ugly . ..
there is however, something
about their awkwardness that
gives a special dimension of
truth to the film itself."
-Vincent Canby, NY TIMES

Rings from c100 .10,000
T-M Reg. A. H. Pond Co.

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