Leading Economic Index Falls for Third Straight Month
The Commerce Department reported the Leading Indicators index dropped 0.2 percent in July marking the third consecutive decline, the longest slide since 1974 75. Analysts warned of a weak near term outlook as six of ten components fell and the Fed raised borrowing costs for the first time since 1974.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Commerce
Feliks Tamm
Bethlehem Steel Corp
Wall Street
Department
Federal Reserve Board
Chinese leaders voice displeasure at Carter Taiwan stance
Li Hsien-nien a top CCP leader says the Chinese people oppose President Carters stance on Taiwan after Cyrus Vances visit. He criticizes U S policymakers and media backing for Taiwan friends, while stressing Beijing will not attack first and condemning detente as a lure. He comments on the gang of four, Liu Shao-chi, Lin Piao, and Mao era policy, and notes China seeks genuine peace and readiness against Soviet expansion.
MENTIONED IN THIS ARTICLE
Peking
China
Carter
Taiwan
Li Hsein-nien
Chinese Communist Party
Cyrus R. Vance
Great Hall of the People
United States
Vance
Chiang Ching
Mao Tse-tung
Soviet Union
Europe
Moscow
Japan
Yeh Chienying
Teng Hsiao-ping
Mao
Stalin
Communist Party
Gang of Four
Hangchow
Shanghai
Gang
Liu Shaochi
Liu
Lin Piao
Group of Four
Berkowitz Found Incompetent to Stand Trial in Son of Sam Case
In Brooklyn Supreme Court today David Berkowitz was ruled unable to assist in his own defense after psychiatrists diagnosed him as paranoid with a guarded prognosis. The hearing to confirm competency was set for October 4, with prosecutors and defense counsel seeking further reexamination by doctors of their choosing.
MENTIONED IN THIS ARTICLE
New York
UPI
David Berkowitz
New York City
Sam
Berkowitz
Brooklyn
Eugene Gold
State Supreme Court
Gerald Held
Brooklyn Supreme Court
Carter seeks 20 percent wheat acreage cut and bigger stockpile plan
President Carter plans a 20 percent cut in 1978 wheat plantings and a 30 to 35 million ton grain reserve, plus a six million ton International Emergency Food Reserve. The move faces opposition from Treasury and advisers worried about consumer prices and export potential, while farmers fear lost income despite support for reduced production.
MENTIONED IN THIS ARTICLE
N.Y. Times
Washington
Carter
White House
Agriculture
John White
Bob Bergland
Treasury Department
Council of Economic Advisers
United States
State Department
Brookings Institution
Fred Sanderson
Committee On Food Reserves
The
Federation of American Scientists
White
Bergland
Harold M. Hjort
Agriculture Department
Accused rapist free on bail as new medical offices set to open
Local reports note a man accused of rape freed on bail ahead of the opening of new medical offices next month. The piece highlights community reaction and upcoming health facility plans on Page 3.
MENTIONED IN THIS ARTICLE
Oldcastle
Battle Week
Lance
Russ Baker
Vermont
Also Mentioned on This Page
LeRoy Langavin
Putnam St
Monument Avenue Extension
Reginald Bernard
Central Vermont Public Service Corp
CVPS
Barnard
Pownal
N.Y. Times News Service
Wpix-Tv
Lee Berkowitz
Nixon
Earl L. Butz
South Asia
Central Africa
Woodford
Manchester
Donald Dorr
District Environmental Commission
Federation of Sportsmen’s Clubs
Lou Brock
Hank Aaron
Snow Valley
U.S.S. Texas
America
Newport News
Navy
Newport
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