Agriculture Still Backbone of Mid-America Economy
Five-state area relies on farming with about 3.5 million workers tied to agriculture. The sector remains the No. 1 business in Iowa Nebraska Kansas Missouri and Oklahoma with $11 billion in annual farm product sales. Farmers fear land costs and stockpiling risk push youth from farming and corporate farms threaten future stability.
MENTIONED IN THIS ARTICLE
Mid-America
Missouri
Kansas
Nebraska
Iowa
Oklahoma
California
Ralph Melt
Dadeville
Willard Garvey
Garvey
Futhermore
Glenn Kreusher
Merle Sheer
Perry
Kan
State Supreme Court
Jim Kendrick
University of Nebraska-Lincoln
Auto Production Declines Slightly
Detroit AP reports Chrysler production fell about 3,000 units this week with domestic auto output down mildly. Automotive News put this week's totals at 192 443 cars and 56 078 trucks, against 196 039 cars and 56 122 trucks last week and 196 219 cars and 42 455 trucks in the 1971 week. Year to date output reached 3 423 467 cars and 973 656 trucks versus 3 496 500 cars and 780 548 trucks in 1971. The truck industry is on pace to reach its one millionth 1972 unit about five weeks earlier than 1971.
MENTIONED IN THIS ARTICLE
Automotive News
Stans predicts another strong U S economy in 1972
Former Secretary Maurice Stans told the Omaha World Herald that 1972 should be a strong year for the United States economy. He cited rising consumer spending a backlog of savings and optimism about continued improvement and full confidence in the overall economy.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Maurice Stans
United States
Omaha World-Herald
Stans
House Votes to Lift Minimum Wage to Two Dollars
The House approved a plan to raise the minimum wage to $2 next year amid opposition from a Republican Southern Democrat coalition. The bill would raise the current $1.60 rate to $1.80 in two months and to $2 in a year, with youth and student exemptions. The measure passed 330 to 7 and heads to the Senate where a $2.20 minimum with broader coverage is under consideration.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
John B. Anderson
R-Ill
John N. Erlenborn
R-Nl
Dent
Erlenborn
Nude sunbathing grows on California beaches
Public nude sunbathing draws crowds on warm weekends from Pirate’s Cove near Malibu to beaches across Southern California. About 1,000 nude bathers were counted at Pirate’s Cove with men outnumbering women two to one. authorities largely ignore the practice unless a formal private complaint is filed, and Los Angeles County reports few complaints as a state law bans indecent exposure.
MENTIONED IN THIS ARTICLE
Los Angeles
California
Pirate’s Cove
Malibu
Robert G. Johnston
American Sunbathing Association
Los Angeles County
Wichita Firms See Strong First Quarter Profits Rise
Profits and sales of Wichita area publicly owned companies jumped in the first quarter of 1972. Cessna Aircraft earnings up 47 percent Beech Aircraft 41 percent Coleman Co. 63 percent with sales rising. The Wichita Business Index rose from 112 in February to 124 in March, signaling an upward trend.
MENTIONED IN THIS ARTICLE
Wichita, Kan
Kansas
Wichita
Cessna Aircraft
Beech Aircraft
Coleman Co
Center of Business and Economic Research
Wichita State University
Norman L. Weed
WSU
Also Mentioned on This Page
Chet Carrier
Associated Press
Detroit
Chrysler
John M. Dent
Schendelize ’Em
Minnesota
Lawrence, Kans
Pickens
Auto Parts and Service
Florida
the Castle
Evelyn Wood
Reading Dynamics
Hillcrest Shopping Center
B.F
Goodrich
Blackwall
B.f.goodrich
American Express
B. F. Goodrich Store
Corner
10Th
Vermont
Amos E. Semkin
Bankamericard
Eran
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