Week of January 1, 1971

President Nixon signs tightened air pollution control legislation.

A snowstorm/blizzard hits the Northeast - from Virginia to Maine.

to a new session.

President Nixon vetoes a proposed 4% pay raise for the federal government’s

nearly 650,000 blue-collar workers.

President Nixon promises no new taxes this year and renews efforts to push

welfare reform through Congress.

admits that Soviet troops were

brought in to man Egyptian missile

sites and said sox of them were

killed in an Israeli raid 20 miles

south of Cairo.

Mayor Frank Curren of San Diego

is acquitted on bribery and

conspiracy charges involving an

alleged payoff from the Yellow Cab

Co for fare increases granted three

years ago.

A leading British drug firm announce it was halting production of amphetamines

commonly known as pep pills and withdrawing its entire stock from the market.

The latest official British statistics show there are about 500,000 persons in the

country who habitually use amphetamines, many of them youngsters.

For the second consecutive year - President Nixon is at the top of the list of most

admired men - in a Gallup Poll. Here are the rest in order: Billy Graham, Edward

Kennedy, Spiro Agnew, Pope Paul VI, Edmund Muskie, Lyndon Johnson, Ronald

Reagan, Hubert Humphrey, Harry S. Truman.

Business -

Nasdaq (National Association of Securities Dealers Automated Quotations) will

commence January 18 and will enable investors in the over-the-counter stock

market to share in improved buying-selling service. Nasdaq is now under going

live testing and is a national computerized system for gathering and

Week of January 1, 1971

communicating up-to-the-minute price quotations on 2,500 key OTC stocks. It will

begin with 2,500 stocks, but has a capacity to handle 20,000 stocks.

The Federal Reserve Board cuts its discount rate to 5.25% - from 5.5%.

Radio news -

A housewife who telephoned WMCA New York

almost three hours, 90 minutes on the air. Brothers

does a daily show on the new talk station. WMCA

Dialogue Radio 57.

Wow - Aku - the top-rated DJ in Honolulu over

KGMB radio (radio 590) just signed a 12-year

contract at an annual salary of $400,000. Aku is Hal

Lewis, and is originally from Brooklyn, NY.

Music news -

Dean Martin signs a new recording contract with Reprise Records again. It’s a

three-year,10-album contract.

annual Academy Awards program.

from his fellow Beatles and a division of

their fortune - estimated to be $100

million. The breakup of the British pop

group, which has been pending for

months, finally became reality with a suit

filed by McCartney in the High Court.

The other three Beatles were name as

defendants along with Apple Corps.

Ltd., the group’s business organization.

McCartney asked for the legal

termination of the partnership and also

demanded the appointment of a receiver

to deal with the Beatles’ assets.

A suit seeking more than $600,000 in

back royalties is filed by 3 Dog Night

against Dunhill Records.

Week of January 1, 1971

Television news -

Cigarette advertising spent some $150 million on all of television and industry

sources confirm that a great many “replacement” ad dollars is coming from oil

companies that had increased their television budgets; from major insurance

companies; from retailers from an upsurge in advertising money from travel-

oriented business.

Tuesday night television -

CBS - Beverly Hillbillies, Green

NBC - Don Knotts, Julia, First

Tuesday, Tonight

ABC - Mod Squad, Movie of the

Week, Marcus Welby, MD, Dick

Cavett

NET - Hollywood Television Theater

Don Knotts - Sebastian Cabot,

Lennon Sisters and Louis Nye.

First Tuesday - Sander Vanocur

anchors.

Hee Haw - Amanda Blake, Charley

Pride and Mickey Mantle.

Julia - Corey and Dr. Chegley learn a lesson about profanity.

Merv Griffin - Glen Campbell, Larry McNeally, Ronnie Schell.