New Year Economic Outlook Mixed To Open 1971
The year end 1970 summary shows a cautious view of 1971 with forecasts of growth but rising unemployment and inflation. Leading indicators rose in November, yet machine tool orders hit a 12 year low and U.S. foreign trade posted its worst showing in 22 months. Government and industry outlooks varied from optimism to concern across growth, inflation, and capex. Leading economists and agencies projected modest gains, with unemployment expected to average around 5 to 6 percent and inflation near 4.2 to 4.3 percent. The Dodge construction index rose, while auto and aircraft shipments dragged trade. The Penn Central loan bill and Nixon market-insurance move dominated headlines alongside Zanuck’s resignation at Fox.
MENTIONED IN THIS ARTICLE
New York
U.S
Conference Board
Maurice H. Stans
Federal Reserve Bank of St. Louis
Federal Reserve Board
Commerce Department
F. W. Dodge
McGraw-Hill Information Systems Co
Dodge
General Motors
Interstate Commerce Commission
Transportation Department
Textile sizing shift drives new Du Pont Elvanol 25 use
Karl A. Williams Jr. of Du Pont's Charlotte district says textile demand will rise in five years as polyester cotton blends rise. He notes new sizing needs for weaving and highlights Elvanol T-25, an improved polyvinyl alcohol warp size, offering advantages not found in other grades.
MENTIONED IN THIS ARTICLE
Karl A. Williams Jr
Charlotte
N. C
Electrochemicals
du Pont
Seven Three Day Holidays Under New Law Changes
The article explains a shift to seven three day holidays under federal and state changes. It notes Columbus Day becomes second Monday in October and Washingtons Birthday Memorial and Veterans Day dates move to Mondays. New Year’s Day and Independence Day remain fixed. A Texas schedule follows federal observance patterns, creating more long weekends this year. PVT Randy Fisher completed basic training at Fort Lewis and will advance at Fort Sill.
MENTIONED IN THIS ARTICLE
Texas
Congress
Randy Fisher
Dewey Fisher
Ave
Channelview
Ft. Lewie
Wash
Ft. Sill
Okla
Fisher
Army
George Washington
Free Puppies From Mrs Ray Ford in Oregon
Mrs Ray Ford of 1908 Oregon offers four 24 month old puppies for free. Contact 427-3466 to arrange pickup.
MENTIONED IN THIS ARTICLE
Ray Ford
Oregon
Snow Storm Hits Panhandle and Wide Texas Areas
A winter storm blanketed the upper Texas Panhandle with four inches of snow and drifting. Roads closed include Interstate 40 west of Amarillo, U S 287 87 north of Amarillo, and U S 64 from Dalhart to Stratford. Power outages affected about 1600 in Amarillo as high winds and ice snapped lines. No weather related crashes were reported and several areas faced missing person reports later deemed safe shelter stays. The Weather Bureau warned temperatures would plunge from zero north to 18 in the Panhandle and 20 to the low 30s in South Central Texas with a tornado warning issued for the North Central Texas area.
MENTIONED IN THIS ARTICLE
Texas
Weather Bureau
Pecos
Amarillo
U.S. 64
Dalhart
Stratford
Department of Public Safety
Panhandle
DPS
Austin
Dumas
Denver
Upper
Texas Panhandle
South Plains
Lubbock
el Paso
Waco
Texarkana
Gulf Coast
Matagorda Island
Gallveston Bay
Fanestiel L H Funeral in Crosby and Baytown
L H Fannie Fanestiel 55 of 4320 Holy Road Crosby died Monday in a Baytown hospital. Rosary 7:30 p.m. Monday Earthman Chapel. Services 1:30 p.m. Tuesday Earthman Chapel and 2 p.m. Tuesday St Josephs Catholic Church with Monsignor O Sullivan officiating. Survivors include wife Patricia daughter Nick and John. parents siblings and eight grandchildren. Pallbearers listed.
MENTIONED IN THIS ARTICLE
L.H
Fannie) Fanestiel
L. H
Holy Road
Crosby
Baytown
Earthman Chapel
St. Joseph’s Catholic Church
Joseph P. O'Sullivan
Humble Oil and Refining Co
St. Joseph's Catholic Church
Knights of Columbus
The
Instrument Society of America
Burta Fanestiel
Patricia Zienteck
Huffman
Nick Fanestiel
John Fanestiel
Hitchcock
Baytown Planning Commission to weigh two agenda items
The Baytown Planning Commission will meet at 7 p.m. Monday in City Hall to consider two items. The Massey-Tompkins Road dedication appears on the agenda along with a reconsideration of Lowell Lammers Villa Marina apartment complex for final approval, including a building rearrangement.
MENTIONED IN THIS ARTICLE
Baytown
Beach City 4H Club Plans Tuesday Meeting
Beach City area residents organizing a 4H Club will meet at 7 30 p.m. Tuesday at the Precinct 5 Community Building. Volunteer workers are needed for the club. Ranger Booster Club meets 7 p.m. Monday in the school cafeteria to discuss chili supper plans. Junior Forum Story Hour for preschool children is 10 to 10 20 a.m. Tuesday at Sterling Municipal Library.
MENTIONED IN THIS ARTICLE
Beach City
Precinct 5
Ranger Boosters
Ranger Booster Club
Sterling Municipal Library
Major corporate listings show varied stock percentages across firms
A long OCR style list catalogs many corporations such as Atlantic Richfield Bendix Bethlehem Steel Carrier Celanese Chrysler Columbia Gas Delta Airlines Dow Chemical Dresser DuPont Generac Gulf Oil Gulf States Utilities Halliburton Harvey Aluminum Kraft Foods McDonald Douglas Magnavox Mobil Monsanto Penn Central Pepsi Phillips RCA Raytheon Sears Shell Sperry Rand Standard Oil companies and others with percentage figures, indicating a snapshot of market data or a directory style stock performance page from a newspaper.
MENTIONED IN THIS ARTICLE
Atlantic Richfield
Bendix
Bethlehem Steel
Carrier Corp
Chrysler Corp
Columbia Gas
Delta Airlines
Diamond
Dow Chemical
Dresser Ind. DuPont
Jones & Laughlin Steel
Kerr McGee
Foremost McKesson
Gen Electric General
T&t
Georgia Pacific
Getty Oil
Gillette Gordon’s Jewelry
Greyhound Corp
Gulf Oil
Gulf States Utilities
Gulf West Ind
Halliburton
Harvey Aluminum
Houston Light & Power
Inland Steel
Interlake Steel
Kraft Foods
Ss, Kresge
Ling-Temeo-Vought
McDonald Douglas
Magnavox
Marathon Oi Diy
Microdot
Mobil Oi
Monsanto
National Distillers
Occidental Petro
Penn
Central R. Rd
Pepsi Cola
Phillips Petro
RCA Eee Eee Raytheon
Roan Select Trust
Schlumberger
Sears Wee
Shell
Sperry Rand Standard Oil
Calif
Standard Oil
Ind
N. J
Ohio
Stauffer Chemical
Syntexco
Taft Broadcasting
Technicolor
Teledyne Tenneco
Kennel Club Plans Meeting and Obedience Class
Baytown club to meet at 7 30 p m Monday in the Friendship Room of the Community Building Lonnie Otto to give Novice in obedience with Mrs J W Thornton to discuss the Companion Dog Degree and related topics
MENTIONED IN THIS ARTICLE
Kennel Club
Baytown Kennel Club
Lonnie Otto
J. W. Thornton
Harris County Federal meeting to elect directors
Notice of annual shareholders meeting of Harris County Federal Savings and Loan Association at 300 West Deser Baytown Texas on Wednesday January 20 1971 at 2 p m. Directors to be elected and any other business to come before the meeting. Members invited by management to attend.
MENTIONED IN THIS ARTICLE
Harris County Federal Savings and Loan Association
West Deser
Baytown
Texas
Also Mentioned on This Page
Securities and Exchange Commission
Penn Central Railroad
Nixon
Richard D. Zanuck
Twentieth Century-Fox Film Corp
Zanuck
Darryl
Zanucks
Amake Nichols
Alan Arkin
Raya
Lel
Elvis
Kirk Douglas
Henry Fonda
Joseph L. Mankiewicz
Baie Technicolgp
Warner Bros. Paiamisioin
Pete
Ingo Preminger
DeLuxe - Panavision Amr
N. C. Morrison
Commissioners
Houston
Bil Eliott
Morrison
Glenn Vickery
CNM Es
FORD
Mic
Eeees
National Basic
Underwood
Company
Texaco
Texas Eastern
Texas Gulf
Transamerica
Union Carbide
Union Oil Califogy
United Aircraft
Upjohn Drug
U.S. Steel
Westinghouse Ay
Rorox
Dow Indus
By Roger Bolten
Rebel Inn
House OF Fine Food
Raney
Peoples’ State Bank
Ramey
Ramey's
Bay Fair
BankAmericard
Humble Credit Union Cardel