FPC Report Warns Of Gas Shortage
A Federal Power Commission staff report warns of deepening natural gas shortages that will cause plant and business shutdowns and local unemployment. It calls for relief planning and prioritizing supply, with possible residential impacts in some regions.
MENTIONED IN THIS ARTICLE
Washington
Federal Power Commission
United States
FPC
Bureau of Natural Gas
Ford Administration
Ford
Interior
Rogers C. B. Morton
Federal Energy
Frank G. Zarb
Defense
James R. Schlesinger
Naval Petroleum
California
Alaska
Brookings Institution
Independent Petroleum Association of America
IPAA
Ford Vetoes Increase In Milk Price Supports
President Ford vetoed a bill to raise federal milk price supports to 85 percent of parity, arguing the move would be highly inflationary for consumers. The action would have lifted the price support to $7.69 per hundredweight, translating to about 6 cents more per half gallon of milk. Secretary Butz announced an administrative increase for manufacturing milk to $7.24 per 100 pounds, effective immediately, to curb farm price declines while costs stay high through March 31, 1976.
MENTIONED IN THIS ARTICLE
Washington
Ford
Earl L. Butz
Congress
Butz
Advisers Weigh Ford Tax Cut Options
President Ford’s advisers see a tax cut as needed to combat recession with focus on size duration and who benefits. They discuss making cuts temporary and targeted to low income earners while avoiding inflation risks and delaying final decisions until the State of the Union.
MENTIONED IN THIS ARTICLE
Washington
Ford
Administration
Ron Nessen
Fed Trims Discount Rate for Six District Banks
The Federal Reserve Board on Friday allowed six district banks Boston Philadelphia Richmond Cleveland Dallas and San Francisco to lower the discount rate to 7.25 percent from 7.75 percent. The move comes as economic activity weakens and follows a prior cut from 8 percent, with the Fed stating inflation and lending conditions influenced the decision.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Boston
Philadelphia
Richmond
Cleveland
Dallas
San Francisco
Fed
Weekend Warmth Expected With Partly Cloudy Skies
Clear to partly cloudy through Sunday with a warming trend. Today will reach the low 50s while tonight cools to the mid 20s. Sunday highs near the mid 50s with southwest winds 10 to 20 mph.
Siamese twins walk first steps after split operation
Clara and Altagracia Rodriguez aged 16 months return to the Dominican Republic after separation surgery on Sept 18. They are described as in perfect condition and learning to walk under care of Dr. C Everett Koop and a 23 member team.
MENTIONED IN THIS ARTICLE
Philadelphia
Clara
Altagracia Rodriguez
Dominican Republic
C. Everett Koop
Children's Hospital
San Jose de Ocoa
Fall Bank Call Shows Record Deposits in Amarillo Area
Amarillo and Canyon residents hold a record 655.5 million dollars in bank deposits across nine banks, up from last fall and October 1974 highs. Loans total 398.19 million, with analysts noting more savers and fewer demand deposits amid construction, farm activity, and holiday withdrawals.
MENTIONED IN THIS ARTICLE
Amarillo
Canyon
Washington
Federal Deposit Insurance Corp
Comptroller of the Currency
Federal Reserve Board
Grerer
Amarillo National Ape
Tsreone
Beeeneeeerenenans
Tascosa National
First National North State
Eden
American National Western National
Wareth
Sesteaves
Jewessy
West Texas State First National Canyon
Teres
Resen
Ceesseae
Bank OF the Southwest
Also Mentioned on This Page
Hampton, Va
Nessen
Ager
Inside News
Eree
Ee Vees
White House
Miami, Fla
Thomas In Knight
FBI
Arkansas
Newport
Ark
Knight
Ron Thrasher
Damascus
Syria
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