Federal Reserve move spurs economy with policy easing
The Fed cut rates to bolster business loans and lift stocks, while food prices are forecast to rise for a third year. Xerox plans a two week shutdown at Webster NY affecting 6000 jobs, and banks face rising trouble but a few remain stable. Inflation, weather risks, and auto industry talks shape a volatile outlook. The Dow jumps as lenders ease and coal production eyes a return next week.
MENTIONED IN THIS ARTICLE
Federal Reserve
buttle _ ncession
Xerox Corp
J. Dawson Ahalt
Agriculture Department
Xerox
Webster
N.Y
New York Stock Exchange
Fed
Ohlone Athletes Seek Stronger Program With Full-Time Coaching
Ohlone College athletes complain about being conference jokes as the school plans to move its three full-time coaches from the old Mission San Jose hillside complex. Budget aims include three more coaches and improved facilities within two years, with Paynter noting understaffing and travel costs for part-time staff. He cites 22 PE teaching hours plus seven coaching hours as insufficient and urges higher assigned coaching time. The 1971 conference champion tennis team is mentioned amid broader athletic struggles.
MENTIONED IN THIS ARTICLE
Greg Hartmann
Fremont
Ohlone College
Hillside
Mission San Jose
Dick Paynter
Ohlone
Paynter
Chabot
Jim Reynosa
Alameda
Reynosa
Cabrillo Community College
Montana ex-governor pleads guilty in 54 thousand dollar scheme
Former Montana Republican governor Tim Babcock pleads guilty to aiding Armand Hammer in illegal campaign contributions to Richard Nixon totaling 54000 dollars. The case centers on magnate Hammer arranging the payments as part of a political contribution scheme.
MENTIONED IN THIS ARTICLE
Tim Babcock
Montana
Armand Hammer
Richard Nixim
Fremont teachers seek finance panel amid district shakeup
Fremont Unified teachers seek a finance fact finding panel as the district faces the firing of former finance director Harold Alameda. The issue returns to the school board for a third time tonight as the area weighs cost and oversight.
MENTIONED IN THIS ARTICLE
Priccie
Oakland
Fremont
Harold Alameda
Fremont Unified District Teachers Association
$7 Billion Plan to Fight Slump In Jobs, Unemployment
Congress moved to fast track a $7 billion package to ease recession, including $1.1 billion for unemployment benefits up to a year, emergency benefits for 12 million jobless, and creation of 300,000 public service jobs. Senate Republicans planned a closed caucus to discuss a bipartisan package. House may debate an unbudgeted $4 billion jobs bill.
MENTIONED IN THIS ARTICLE
Washington Star-News
Jess
Ford
White House
Jon Nessen
Congress
Washington
UPI
House
Senate Republicans
Senate
Jacob K. Javits
House Rules Committee
Fremont teachers threaten work halt
Fremont union leaders warn of possible work stoppages next month over stalled pay raises for hourly teachers since 1963. Pfaffenberger cites the pay gap across driver education nursery school and adult programs, risking up to 3,000 students if actions proceed, with nursery school staff seeking two thirds of regular teacher pay.
MENTIONED IN THIS ARTICLE
Fremont
George Pfaffenberger
Fremont Unified District Teachers “Association
Fremont Parents
Alameda County
Pfaffenberger
Judy
George Dillon
Mills seeks relief as chairman amid health fears and striptease link
Ren Mills, troubled by poor health and a reported tie between Hs association with a striptease danger, asks to be relieved as chairman of the House Ways and Means Committee. Colleague notes page 2. FTC accuses ITT Continental Baking Co of attempting to monopolize the U S bread market in a separate item on page 26. Ehrlichman denies Watergate guilt, cites Nixon forced resignation as scandal hit the White House last April, reported on page 13.
MENTIONED IN THIS ARTICLE
Wilbur Mills
House
Ways and Means
Federal Trade Commission
ITT Continental Baking Co
United States
John D. Ehrlichman
Richard M. Nixon
White House
Memorial High completion ballot set in Newark vote
Newark voters will decide by lease purchase on Memorial High School completion. Trustees approved placing the measure on the last Tuesday in May after defeating bond issues in November. Citizens argued voters opposing bonds may react negatively to the board’s action.
MENTIONED IN THIS ARTICLE
Newark
Memorial High School
Leuter
Foggy Nights Give Way to Sunny Cool Days
Thick fog covers nights and mornings but skies clear to sunshine. Temperatures rise to near 60 with overnight lows around 39, while winds stay light from the east. Yesterday Fremont reached 63 for the high and 39 for the low.
MENTIONED IN THIS ARTICLE
Fremont
Also Mentioned on This Page
Nmber
Justin T.watson
U.S
Watson
Franklin National Bank of New York
Chase Manhattan Bank of New York
Alexander Solohenitayn
Carl Gustaf
Stockholm
Russia
Siel Union
Ast
California
Unds
Dillon
Sock Anderson
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