Big business sees mild recession clash with officials
At Hot Springs Virginia a Business Council-100 meeting heard 14 of 16 panel economists forecast a brief mild recession with unemployment rising to about 6.7 percent and inflation easing. Blumenthal and Miller disagreed predicting slowdown not a recession while some executives questioned the term.
MENTIONED IN THIS ARTICLE
Treasury
Michael Blumenthal
Federal Reserve
William Miller
Hot Springs
Business Council
Blumental
Miller
Clifton Garvin
Exxon Corp
Thomas Murphy
General Motors
Carter
Alfred Kahn
Council On
Louisiana
San Diego
Cincinnati
Wayne
Bar blast kills five at Philadelphia tavern collapse
Five people died and three were seriously injured in a gas explosion and fire that destroyed George's Bar and Restaurant in Bridesburg Philadelphia. Fire officials recovered two bodies and two more were removed as crews searched rubble with a crane. One missing employee of Philadelphia Gas Works was reported. George Martin, owner, was in serious condition at St Agnes Burn Center.
MENTIONED IN THIS ARTICLE
Philadelphia
Joseph Rizzo
Philadelphia Gas Works
PGW
John Kenley
George’s Bar
Bridesburg
George Martin
St. Agnes Burn Center
Inventories and sales rise in March as economy wary
UPI reports Commerce Department data show inventories up 1.3 percent in March, rising by 4.8 billion dollars, while sales climbed 3.8 percent to 10.5 billion dollars. The gains span manufacturing and retail sectors, signaling caution against stockpile buildup if demand falters. Officials reference 1973-74 lessons.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Bridge Hand Disaster in Five Spades To Six Slams
In a Cedar Rapids Gazette bridge note by Oswald Jacoby and Alan Sontag, North bids to five spades to signal a sound hand while avoiding Blackwood, South advances to six, then mishandles the slam after a poor opening and misfired clubs. The column analyzes the play and errors, noting correct lines and why the kings and finesses failed.
MENTIONED IN THIS ARTICLE
North
South
East
Also Mentioned on This Page
Blumenthal
County
Mich
Essex County
N.J
San Bernadino
Calif
Cedar Rapids Senior Citizen and Handicapped Bus Service
Happy Chef
Blairs Ferry RD
N.E
33Rd Ave. S.W
Jack Jones Furniture
Iowa
Collins Road
Center Point Road
Janie Meyers
SLATE
Man
Daily News
Mel Brooks
Amd
Twin West
Dick and
Jane
Devil OF the
SEAL
the Deep
Twixt Town Rd
SLONG
Cedar Rapids
Oswsald Jacoby
Alan Sontag
North South
South West North East
Winkie
Dave Carter
Denny
Brandy
A Ave
Farah
Lince OS
John Schulz
Ceming Way
Steak House
K-Mart
Ramada Inn
California
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