17 Jan 1975
Page 1
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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Jan 17, 1975
Page
1
The Commerce Department released a Gross National Product report showing a 9.1 percent annualized drop in output between October and December after inflation adjustment, the second fastest decline on record. Inflation rose 137 percent in the same period, marking a sharp economic deterioration.
Local growers report sharp declines as Colombian producers with subsidized air freight gain market share since 1972. Union City’s Kitayama Bros. Nursery says carnations suffer while some farmers shift to houseplants. Officials deny unfair practices but industry spokesmen cite labor advantages and travel costs.
The Daily Review reports inventories up 4 percent signaling weak demand as retailers hold merchandise in warehouses and back lots. Analysts note that when demand shifts, these items will be sold first, potentially delaying economic momentum. Total GNP rose to 1.428 trillion dollars in Q4 at an annual rate, following a 0.325 trillion gain in Q3.
Debra Neill of Castro Valley completed four months of training and joins CHP as the first patrol officer from area programs. She studied at Chabot College and CHP academy and will begin her first duty tour in Santa Fe Springs near Whittier.
Harold Alameda's appeal of his December 4 dismissal will be reviewed by the district personnel commission. A hearing officer will be hired to handle complex legal questions, with a tentative hearing date set after next Monday and before February 20, costing about 300 dollars per day.
Ford Motor Co., launching a cash rebate program through Feb 28, offers up to 500 dollars on Pinto and Maverick models and 50 dollars on Supercab trucks as it matches Chrysler’s Car Clearance Carnival. Ford aims to lift consumer confidence amid a weak economy.
Forecasters expect fair skies this weekend with a high near 60 degrees and a low around 40. Temperatures should range from 55 to 65 during the day and dip to the mid 30s to mid 40s at night.
Everett Sanderson rushed into the East 86th Street station as a commotion drew him to a girl lying near the Platform. He sprang 20 feet to lift her just as a train emerged from the tunnel, the motorman apparently unaware. Michelle DeJesus survived with only minor injuries after doctors at Metropolitan Hospital checked her.
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