European Stars and Stripes (Newspaper) - June 11, 1977, Darmstadt, Hesse                                Page 4 the stars and stripes saturday. June 11, 1977 inflation battling Agency will Monitor interest rates Washington a the Carter administration s anti inflation Agency will begin immediately to Monitor interest rates in the Economy a spokesman said tuesday. In View of the recent increases and speculation thai interest Rales May remain at current Levels or continue to Rise a study of the situation seems warranted said Kobert w. Crandall. Acting director of the Council on wage and Price stability we will begin immediately to Monitor his  said chairman Henry s. Reuss of the House Hanking committee disclosed the Council s decision to Monitor interest rates which he had requested in to do earlier this week. A spokesman for the Council confirmed the action we Haven t done it before it s some thing we should be doing the spokesman  Carter s budget director Bert 1-Ancc. Has strongly criticized Banks in recent weeks for raising their prime inter i St rate at a time when he argued Money is . For the second week in a Row. New York s Citibank the nation s second larg St Bank decided against increasing its wis. Bomber gets 7-year Federal term Milia Kukk Lui ii Dwight Ann Strong was sentenced to seven years in prison on Federal charges Friday for his part in a fatal i Ito bombing at the univer sity of Wisconsin Madison Campus and an other anti Vietnam War bombing that year at Hur Aboo. Wis Armstrong 25. Had been sentenced at Madison wednesday to seven years in  a a Mali charge in the bombing i had Ali add w contest May b to second decree murder Hubert . A a physics re starch assistant and 1 Ither of three was kill Iii in Thi Hasl aug 21, 1970. In Sterling Hall s District Indue Myron cordon Frd.  rung who was accompanied by ins Mother appeared subdued during the sentencing proceedings no your Honor he said in a soft voice  asked if he wished to make a state men Armstrong pleaded guilty May 12 to fed eral Cuns piracy charges in connection wish the in unbind lie also pleaded guilty to a Federal charge of concealing a felony in in Aerial bombing attempt of the badge army ammunition Plant near Baraboo wis.,"jan. 1,1870gordon sentenced him to five years on the conspiracy charge and two years on the concealing a felony conviction. The sentences will run consecutively. Gordon said. S six youngsters Are held for at least 400 offences Dormagen. Germany up Pohe yield six youngsters aged 11 to 17 in connection with at least 400 punishable of Frenses. Including the theft of 1 10  police Souki Milan said the group. Also suspected of stealing jewels fire arms tape recorders and other valuable items from Homes and schools and Selling them at dumping prices to underworld Fig ures prime rate above i i per cent. There seemed Little doubt Citibank s decision to forego another increase was influenced by the criticism from the White i Louse. Iteus. A Wisconsin Democrat welcomed Citibank s decision calling it an encouraging development for the econ  but he said interest rates still Are High by historical standards and impose an important Cost on both business and  decision by the Council on wage and Price stability to Monitor interest rates was understood to have been cleared in and Vance with the White House. Russ had asked that the Council Moni Tor the inflationary Impact of interest rates just As it does steel prices and wages. In Terest rates such As the Federal funds rate and the prime rate have risen sharply in recent  he told the Council. By adding interest rates to its inflation watch the Council could make a valuable contribution since the Federal Reserve system subject to appreciable influence by the commercial Banks does t seem to have its heart in  prime rate a Bank s most favourable loan Rale last was raised by major new York Banks to 63 per cent up from 6 2 per cent on May 28. It was the second increase in two  to a formula used by Citi Bank it could have raised its prime rate which is the reference Point for All other Short term interest rates to 7 per  Citibank spokesman said the Bank changed its formula because of slow loan demand in new York which appeared to confirm the White House View that loan Money is in plentiful Supply. New radio for army unveiled Cincinnati Ltd a 25-Pound radio Telephone that can Bounce voice trans Mac Sions off satellites 22.000 Miles above the Earth and Back to a similar unit on the ground was unveiled thursday by the on the radio developed under contract for the army also is a combination typewriter and computer. It can be used to write edit and store messages of up to 512 letters and transmit the information when desired. The unit was refined during four years because the radio works Only on Lin of sight the maximum distance Between two communicating sets is 9,000 Miles. It is de signed for use by soldiers in the Field and is worn like a Small Backpack. A tack stick for attack dogs Jerry Humphrey i right i shims a Poten tial a Tui it at re Leigh no a Slick which is intended to pc a menacing dogs away from a Jogger. The Jogger dog gone implement is called a poo poo Slick and it s not complicated just a Piei Rol painted Wood sealed in , the stick is rapped on each end with an upholstery Tai k. Up photo wiring fault then a Flash Over supper club fire findings detailed sol the Gate. By l Pii electrical wiring near the Zebra Luam started the fire at the Heverly Hills supper club in which 161 persons were killed and it burned for a considerable time before it was discovered. Kentucky slate fire mar Shal Warren Southworth said Friday. Southworth refused to pinpoint the exact wiring layout that started the fire a team if Prate investigators hired by insurers had said earlier that Sparks from a Short circuit i electrical Cord c no to a Fuji Tain started the Blaze the most probable Cam of ignition within this area Zebra Roomi was electrical in nature and would have Bien fed by  located  Southworth said at a news conference at a earthy fort Thomas the on-itu1 analysis of the construction of the concealed spaces within the Zebra Hihi Iti indicates that tin fire burned for a considerable time prior to discovery Southworth said South Worth explained that the ignition sequence produced an intense heal buildup within the concealed space which ultimately resulted in the accumulator smoke Aivish to gases " the fire marshal said attempts Eric  to  the fire  Bra room by. A Flash Over occurred in other words simultaneous Ign a i. Of All . Tiok1 Quito Al within h room  to  said the presence of concealed combustible ceiling tile and Wood materials used for support provided a fuel Supply for the  spead of the fire " following the occurrence of Flash Over. The fire continued to build until it broke out of the Zebra room. Then spread rapidly throughout the Structure so Thonh Sai Southworth v  h to not yet made conclusive findings Conci mini charges that the club was overcrowded the in it of the Blaic. Or thai there May have been a failure to eur Ftp a building and fire codes when the strut.",ire Vas remodeler in 1970