Indicators Signal U S Economy Recovery Gains
United Press International reports signs the economy is rebounding from a deep recession. Industrial production rose 1.3 percent in August, the largest monthly gain in three years, while July inventories continued to fall, suggesting further production increases to meet demand. Treasury Secretary Simon voiced optimism about unemployment. Inflation risks and higher interest rates loom. Banks raised best corporate rates to 8 percent, stock prices fell slightly, and tuna imports may be restricted to curb prices. Federal Reserve noted broad gains across production sectors.
MENTIONED IN THIS ARTICLE
Treasury
William Simon
Florida
Simon
Bank of America
Chicago
Cleveland
Detroit
New York
Pittsburgh
New York Stock Exchange
American
Commerce Department
American Farm Bureau Federation
Commerce
Federal Reserve
Ford hints at CIA reform and limits on covert actions
President Ford told the Chicago Sun-Times he may ban covert CIA political activities abroad and shift duties to another agency as part of a CIA reorganization package. He avoided specifics, saying a decision would be announced soon, while defending the CIA’s past methods and noting Portugal’s unique situation. He also spoke on the Egypt Israel accord, calling it a breakthrough and signaling continued Middle East policy adjustments.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Ford
Chicago Sun-Times
CIA
U.S
Portugal
Chile
Egypt
Israel
Middle East
Henry Kissinger
Bennington boys seek state license for first redemption center
The Bennington Program for Boys aims to run Vermont’s first licensed bottle and can redemption center in Bennington to achieve financial self sufficiency. A Sept hearing at the Bennington County Courthouse will consider a petition by Ralph G. Wright and eight area grocers to establish the center, which would allow participating grocers to refuse returnables once licensed.
MENTIONED IN THIS ARTICLE
Bennington
Bennington County
Agency For Environmental Conservation
Ralph G. Wright
Vermont
Rutland
Middlebury
Powers
Wright
Bowers
Palestinian gunmen free diplomats in Algeria crisis end
Four masked Palestinian guerrillas surrendered to Algerian authorities and freed five Arab diplomats after occupying the Egyptian Embassy in Madrid. The hostages, including ambassadors from Iraq and Algeria, were released and flown to Algiers. The militants said Egypt’s Egypt Israel peace talks spurred their action and expressed asylum hopes.
MENTIONED IN THIS ARTICLE
Algiers
Algeria
UPI
Spain
Madrid
Houari Boumedienne
Egypt
Israel
Abou Aissa
Mahmoud Abdel Ghaffar
Mohamed Shaffei
Mohamed Affifi
Aissa
Ghaffar
Wheat for oil exchange gains Soviet approval
MOSCOW UPI The Soviet Union agreed in principle to a long term grain deal with the United States that could swap American wheat for Russian oil. Undersecretary Charles Robinson called five days of talks evidence of acceptance and expressed optimism for a final agreement within weeks. He planned to brief President Ford after a 13 hour session with Foreign Trade Minister Nikolai Patelichev and said he would return to Moscow soon.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Soviet Union
United States
Charles Robinson
Robinson
Washington
Ford
Nikolai S. Patelichev
CIA official kept toxins from 1970 disposal plan
CIA Director William Colby testified that in 1970 a retired branch chief saved 11 grams of shellfish toxin and 8 milligrams of cobra venom in a Ft. Detrick vault. Colby said the officer acted after discussions with the project chief, arguing destruction was impractical due to cost and difficulty. Colby cautioned such episodes should not recur.
MENTIONED IN THIS ARTICLE
Washington
UPI
CIA
William Colby
White House
Frank Church
Army
Ft. Detrick
Colby
GS16
Mt Anthony sets Dplus standard for student eligibility
Mt Anthony Union School Board curriculum committee adopted a Dplus minimum average for athletic and extracurricular eligibility with no state required course failures. A review panel would decide exemptions. Policy to take effect Feb 1 1976 with makeup work required for class ties to activities. Critics worry rules may deter harder courses. supporters say athletics keep some students in school. See CURRICULUM on back page.
MENTIONED IN THIS ARTICLE
Mt. Anthony Union School Board
David Fredrickson
Lawrence Harrington
Antoinette Button
Button
Housing Authority fills post as Cushman resigns
Bennington Housing Authority accepts Hall Cushman’s resignation for health reasons and appoints board member Phyllis F. Agard as interim executive director with full authority. HUD specialists will stay until replacement is found. Advertising for a new director runs Sept 17–22, resumes due Sept 27, interviews Oct 2–3, final choice Oct 6.
MENTIONED IN THIS ARTICLE
Bennington Housing Authority
Hall W. Cushman
Phyllis F. Agard
HUD
Joseph Zechos
Joseph Calise
Willowbrook
Bennington
Agard
Cushman
Manchester
N.H
Barbara Cushman
W. Brant Young
Lee
Inside NYC teachers strike nears end and Boston boycott fades
Report outlines the closing phase of the New York City teachers strike and notes the diminishing momentum of the Boston boycott. It cites ongoing district concerns and local reactions as schools prepare for reopening.
MENTIONED IN THIS ARTICLE
New York City
Boston
Bendi
Vermont
District Court News
Manchester Selectmen
Tom Braden
Safire
IRS
Nixon
Manchester
SWVSU
Big House
Harvey Scribner
MAU
John Randolph
Vermont fuel prices steady after price controls lift
The Vermont Energy Office reports petroleum prices largely stable so far this month after oil price controls ended. Regular gasoline averages about 62 cents a gallon, up slightly from August, with low and high prices showing modest movements. Heating oil and kerosene also edge up, with expectations of stability into next month.
MENTIONED IN THIS ARTICLE
Energy Office
Also Mentioned on This Page
United Press International
By John Leaning
Larry Powers
D-41
North Bennington
Ecumenical Center
County Street
Donald Webster
Environmental Protection
Pandora
Senate Select Committee On Intelligence
Sen
Grenoble
France
Housing Authority
By Rob Woolmington
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