Inflation Steady as August CPI Comes in at 0.5 Percent
The Labor Department reports August consumer prices rose 0.5 percent, matching June and July gains and keeping inflation at 6.2 percent yearly. Gasoline, clothing, and medical care drive costs while lower meat prices temper overall food inflation. Real earnings drop 0.3 percent. purchasing power shrinks against a 1967 base basket.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
John W. Kendrick
Commerce Department
Dow Jones hits 1,014 as market posts biggest gain in over a year
The Dow Jones industrial average closes at 1,014.79 after a 20.28 point rise, the highest since January 1973. NYSE volume climbs to 30.30 million shares as traders anticipate Fed credit policy easing and lower interest rates following the Open Market Committee meeting.
MENTIONED IN THIS ARTICLE
New York
Dow
New York Stock Exchange
Federal Reserve
Fed
Wall
Burma Shave signs returned in Amarillo by SPBSSA
George Turner reports K Jason Sitewell publicity director of the SPBSSA planted Burma Shave styled slogans near the TSTI campus on U S 60 66. The four inch wood type signs read past schoolhouses take it slow let the little shavers grow. The Burma Shave campaign ran from 1955 for nearly forty years. Sitewell is based in Santa Ana California.
MENTIONED IN THIS ARTICLE
K. Jason Sitewell
Sitewell
Spbssa
Society For Preservation of
America
Amarillo
TSTI
U.S
Santa Ana
Calif
Former Chilean Ambassador Killed in Washington Bomb Blast
In Washington D C a car bombing killed Orlando Letelier former Chilean ambassador to the United States and Ronni Karpen Moffitt a researcher. Letelier 44 and Moffitt 25 died after a blast near Sheridan Circle by the Chilean embassy. Michael Moffitt injured. Investigations by FBI Treasury and police underway.
MENTIONED IN THIS ARTICLE
Northwest
Washington
D.C
United States
Orlando
Letelier
Chile
Salvador Allende
Ronnie Karpen Moffitt
George Washington University Hospital
Federal Bureau of Investigation
Treasury Department
Sheridan Circle
Embassy Row
Fourteen youths escape during riot at Chino prison school
In a predawn uprising at the California Youth Authority Training School in Chino, fourteen inmates fled. Six were recaptured as a 50 acre cornfield was combed by over 300 law officers for the eight still at large. Guard Gary Cauble, age 30, was seriously injured with a skull fracture and facial lacerations after an inmate attack.
MENTIONED IN THIS ARTICLE
Chino
Calif
Keith Vermillion
Gary Cauble
California Youth Authority Training School
Los Angeles
UN General Assembly Opens on Quiet Note in New York
The 31st United Nations general assembly opens peacefully as North Korea’s allies drop the annual wrangle over U.S. troops in South Korea. Premier Gaston Thorn presides as the body shifts toward issues from racial conflict in southern Africa to Middle East tensions.
MENTIONED IN THIS ARTICLE
United Nations, N.Y
U.N. General Assembly
North Korea
South Korea
Gaston Thorn
Luxembourg
Africa
Tanzania
United Nations Command
Japan
United States
U.S
Pyongyang
Kim
Weather outlook shows cool nights and mild days ahead
Partly cloudy conditions persist with cool nights and mild days through Thursday. Today’s high in the low 80s with a low tonight in the mid 50s. Thursday’s high around the mid 80s and winds from the southwest at 10 to 15 mph.
Ford Triples Tariff on Sugar
President Ford raised the import tariff on sugar from 62 percent to 1.872 dollars per hundred pounds to shield U.S. producers from cheap imports. He called the levy interim and to be reviewed after a Trade Commission study. Ford noted raw sugar prices have fallen below production costs, risking farm profitability and prompting industry concerns.
MENTIONED IN THIS ARTICLE
Washington
Ford
U.S. International Trade Commission
U.S
White House
Senate
Trade Commission
Congress
Interagency
Louisiana
John Boy
U.S. Sugar Corp
Clewiston
Fla
Fair Schedule Highlights For Today
Today timetable lists events starting 8 a.m. with Paint Show for adults and youth 9 a.m. Santa Gertrudis Show 1 p.m. Junior Heifer Show 4 p.m. Carnival Midway opens 5 p.m. Capon Show 5 30 p.m. Freddie Fender concert in Coliseum at 8 30 p.m.
MENTIONED IN THIS ARTICLE
Santa Gertrudis
Freddie Fender
Coliseum
Also Mentioned on This Page
Jimmy Carter
Ron Nessen
Nessen Express
Alan Greenspan
Irwin Kellner
Manufacturers
Hanover Trust
MSU
Shades of
Burma
George Turner
Globe News
the Moffitts
The
Trans National Institute
Research
Organization
Institute For Policy Studies
American University In
Cabule
Vermillion
Jordan Flagg
Flagg
Cauble
Tabiri Tabasuri
UN General Assembly
Colombo
Sri Lanka
China
Henry A. Kissinger
Korea
U.N
H. Shirley Amerasinghe
Seychelles
Indian Ocean
Amerasinghe
Thorn
Assembly
Middle East
Cyprus
United Nations
Israel
Florida
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