U.S. Spending On Rise Again
Americans loosen purse strings as retail and auto sales rebound from a slow period. Tax rebates totaling 8.1 billion dollars are credited with boosting spending while inflation eases and consumer confidence improves.
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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 06, 1975
Page
1
Americans loosen purse strings as retail and auto sales rebound from a slow period. Tax rebates totaling 8.1 billion dollars are credited with boosting spending while inflation eases and consumer confidence improves.
Freeman Crowe of 1312 8th Ave SE sold his refrigerator using a low cost daily listing. He received 19 additional responses indicating growing interest in the item and similar offers from other buyers.
Lt. Gov. Jere Beasley denied reports that Alabama Senate leaders plan to oppose Gov. George Wallace's school tax diversion. He said no such action occurred at a closed door meeting and that senators discussed funding alternatives if Wallace's plan is rejected. Senator Albert McDonald cited a push to find other funding for Medicaid, mental health, prisons, and highways and noted a potential filibuster risk from limited meeting days.
Athens teenagers attempting a world swinging record saw Allan Hamman 15 drop out due to a 103 degree fever. Danny Hartley 13 continued, reaching 93 hours by 8 a.m. with a 4:01 p.m. hoped pass of the 100 hour mark at Sea Fair Seattle record.
A Democratic majority on the House Select Committee on Intelligence urged Chairman Lucien Nedzi to resign or be ousted over alleged prior knowledge of CIA assassination plans. Nedzi refused comment, while Vice President Rockefeller’s commission said its report would not include charges of CIA plots against foreign leaders.
The entry notes Allied forces landed on the Normandy beaches in 1944 marking D Day in World War II. It mentions weather details and local phone numbers for ads and weather maps, typical of a daily newspaper page.
From Boston AP reports four Air Force pilots heard distress signals near Tang Island raising hopes that Marines missing since the Mayaguez operation may have survived. A second AP item notes a major bank cutting its prime rate from 7 to 6% and a Senate subcommittee alleging questionable payments by Northrop Corp. A hijacked helicopter freed inmates at Southern Michigan Prison in Jackson.
Bus service owner Alton White reduces operation to seven daily trips after selling two of three city buses to out of town churches. He cites higher costs and fewer riders averaging about 180 daily, down from hoped for 250 to 300. The remaining bus runs 7 8 9 a.m. and 1 2 3 4 p.m. mainly for domestic workers. White continues with cab service. fleet down from seven to four.
Athens College President Dr. Sidney E. Sandridge told North Alabama Conference members in Birmingham he is optimistic the church owned college will gain state funding this summer. The college faces an $800,000 debt and plans an intensive fund raising drive after a June 20 state board of education meeting. Gov. Wallace has included a $2 million conditional appropriation. the college is valued at about $9 million. Elected delegates will accompany ministers to the 1976 United Methodist General Conference in Seattle.
Six year old Amy Smartt cools off by jumping into sprinklers in front of Central Baptist Church on Grant Street. She is the daughter of Mr and Mrs Pat Smartt of 1811 Lith Ave SE.
A 57 year old Somerville woman, Alta Maude Edmondson Sharp, is charged with first degree murder in the shooting death of her 58 year old husband Lovick Sharp. He was found shot four times in the face and head and once in an arm in their frame home near Somerville. Autopsy planned today.
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