European Stars And Stripes (Newspaper) - August 9, 1986, Darmstadt, Hesse                                Saturday. August 9. 1986 the stars and stripes Page 5 4 Banks close in Midwest Texas by United pass International four Banks m As Many slates were closed by regulators thursday bringing to 87 the Cumber of Bank failures this year in the United slates. The closings in Texas Oklahoma Kansas and Iowa reflected the weakness in he agriculture and Energy sectors of the Economy first cilia cons Bank of Dallas with As sets of $918 million was closed by stale authorities citing an excessive concentration of Energy related Loans in the slate s 14th Bank failure of the year first citizens was to reopen Friday As grand Bank Northeast a subsidiary of grand ranch arcs. A dim i ban in d ing company with five Banks and 1420 million in assets first National Sank and Trust co. Of Al Reno. Okla. With assets of 147 Mil lion and deposits of 144 million was declared insolvent by the comptroller of the currency who blamed the Bank s problems on poor loan management and deteriorating economic conditions. The Federal Deposit insurance corp. Was named receiver. An Odic spokes Man said no buyer has been found for the Bank and he Agency will a Empi a negotiated Sale. First National s loan portfolio consist re of about 45 percent agricultural Loans and about 7 percent Energy Loans. The Al Reno Bank was granted a National Char Ter on dec. 27, Ike. Great linger slate Dank in Greattinger Iowa assets it  million and the Only Bank in a Natl farming Community of 900. Became insolvent because of excessive loan losses due partly to the sour agricultural Economy. Slate Bank of Easlon Eastern kan., with assets of s 16.8 million was Pur chased by a newly chartered subsidiary of Exchange ban shares corp. Of Atzbi son. The Odic approved an Assumption of Floc failed Bank by fort National Bank the Eastern runt s Only office and he Community s Only Bank ill reopen Fri Day As fort National Bank. Ill depositors automatically become depositors of the new Bank. Stanley dish closing manager for he Odic said he depressed farm Economy played a role in he hasten Hank s failure but it would be unfair to blame in totally on he agricultural  he said Liberal lending practices and ind equal collections procedures played a  none of the takeovers by Hall hic Banks were straight purchases. The Odic assumed had Loans or paid premiums in each of the assuming Banks. Tornadoes hit Massachusetts Rhode Island Providence . Up the Firtl Tornado to hit Rhode Island in 12 years Ore through downtown Providence during the evening Rush hour thursday ripping he of Story off a four Story building and toss ing ears into he air. At Jeyasi 20 people were injured none seriously authorities said. The Tornado touched Down about 5 15 p.tn., Surpris ing thousands of workers heading Home for he Day in Providence and neighbouring Cranston. Police patrolled downtown Providence and Cranston to prevent looting from buildings with smashed windows. Providence mayor Joseph Paolino sent municipal Crews to Clear debris. Officials at five hospitals said they treated 20 peo ple for minor injuries including cuts and scrapes. A slate official said it was an act of god that no one was killed or seriously injured considering the time of Day. Another twister slashed through the East Central Massachusetts town of Bedford uprooting rfcs dam aging Small planes a an Airport and knocking out Power to hundreds of Homes and businesses. No injuries were reported. The tornadoes were spawned by a line of severe thunderstorms that moved across much of Floc six state new England area thursday afternoon. The National weather service said the Tornado in Providence was the first reported in Rhode Island line 1974. They arc quite rare in new  National weather service meteorologist Tadd Kowal Syf said. The lop Story of a four Story jewelry manufacturing building in Providence was blown onto at least 30 cars in an adjacent parking lot police it. Paul Lialko said. There apparently was no one in lie cars or the build ing which had closed for the Day he said. At Leniul three houses in Providence and Cranston were blown off their foundations authorities said. In Providence a parked car was picked up and thrown into a House but apparently no one was m the car or the House Chalko said. Workers at a Bedford mrs Airport run to escape being hit by n Light plan nipped by High winds thursday. Trie roofs were ripped off one building and one House in Cranston and countless res and Power lines were knocked Down in both cities. Power was knocked out id a least -1,800 households but Power was restored to half those within two hours officials at Narragansett electric co. Said i think it s just an act of god that no one was killed said Frederick Marsh Deputy director of the slate emergency management Agency. So far we re doing very  Senate rejects proposal 51 -49 to let gis Wear religious articles Washington up by just two Voles the Senate turned Down a proposal thursday to let Mem Bers of the armed forces Wear religious articles an amendment prompted by a supreme court ruling on Yarmulke. The Senate vol cd 5 m9 to table the proposal by sen Frank Rutenburg. . Rather ban putting his measure to a direct vote. La Ulenburg and other sponsors wanted to reverse a court ruling in the Case of an air Force Captain who is an orthodox jewish rabbi in the chaplain corps. The court ruled 5-4 the air Force could forbid he use of visible religious symbols while an airman is on duly. Orthodox jews Wear a Smalt Skullcap called a Yar Mulke As a sign of respect to god while indoors. The Yarmulke is no worn outdoors. The amendment would have allowed a Yarmulke to be worn indoors As Long Asil did not interfere in Mili tary chores and was neat and  the debate an the Senate floor was delicate with amendment opponents carefully trying to stay away from any appearance of intolerance and concentrating Neir Kern arson the Power of service chiefs the possibility of court suits and maintaining military discipline. Sen. Carl Levin d-mich., said the armed forces have traditionally allowed the wearing of Yarmulke indoors As Long As it did not interfere with military duties. The Issue is whether we can accommodate some thing that has been no problem and created no prob Lem he said. Levin told of an orthodox rabbi in he chaplains corps in Beirut using his Yarmulke to wipe he brow of a Marine injured in the Barracks bombing and Ihnn replacing it with a Small piece of cloth taken from the garment of a colleague a Catholic pries. Levin said in was to show thai the United Stales is a nation of religious tolerance trying to preserve peace amid a religious civil War. Chairman Barry Goldwater r-arii., of the scale armed services committee saying he would probably be criticized for his opposition o the amendment even though his arguments were on military discipline grounds noted his religious background. I m proud of the fact that i m half jewish. I m also an Episcopalian but i Don t go around wearing half this and half that he said. Sands of time in the stars and stripes 40 years ago today. Aug. 9. 1946 the Arab office in Jerusa Lem issued a statement declaring that he Arab world is looking eagerly for the stand Moscow will take on the Issue of Palestine. 30 years ago today. Aug. 9, 1956 informed diplomats in Lon Don reported hat Russia objected to the planned London Parley on the Suez canal dispute but left la Way open to attend. 20 years ago today. Aug. 9, 1966 informants in Saigon said two Independent studies conducted within the Pentagon by top civilian and military officials suggest a War of attrition in Vietnam could continue indefinitely. 7 0 years ago today. Aug. 9, 1976 a body found stuffed into a 55-Eallon drum was identified by Dade county authorities in Miami As that of underworld Fig ure John Roselli who had been reported missing in july