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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Feb 27, 1976
Page
3
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The Commerce Department reports its leading index rose 2.2 percent in January, the biggest jump in six months, signaling stronger growth ahead. Gains came from new plant orders, contract activity, and stock prices, with consumer spending remaining solid and signs of increased business investment. Only one indicator among twelve showed a decline.
President Ford expressed strong disapproval of marijuana use during a Miami interview. He advised parents to discuss drug use with their children and cited his own family’s experience with his son Jack, who had admitted past marijuana use.
Peter Stuyvesant the first governor of New Netherland is famed for his peg leg and the island tale of St Maarten. The episode recounts his failed attempt to recapture New Amsterdam from the Spanish, culminating in his lost leg in a distant skirmish.
Washington AP The FCC delayed the effective date of Bell System long distance rate hikes until Sunday to allow an investigation. The plan raises annual income by about 225 million, with residential bills up roughly 10 cents monthly and business bills about 2 dollars monthly. Two thirds of interstate charges rise, some fall, and calls with operator assistance see the sharpest increases.
Erie County Field House posted a January profit of 20274 dollars, the largest monthly gain since opening two years ago. The facility earned 42319 dollars in revenue with 21595 dollars in expenses, prompting County Controller Al Gehrlein to consider using profits to reduce the 600000 loan used last year to launch the field house.
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