Economy stabilizes as GNP slips fractionally in latest quarter
The Commerce Department said gross national product fell by a small fraction in the second quarter, the sixth quarterly decline and the smallest since a steep drop earlier this year. Inflation eased to 5.1 percent, fueling a per capita real disposable income rise of 133 dollars to 2908, with savings at about 10.6 percent of after tax income.
MENTIONED IN THIS ARTICLE
Ashington
Commerce Department
GNP
Apollo Soyuz link malfunctions with odd odor in space
The Apollo and Soyuz spacecraft linked up in space for the historic handshake but a strange burning smell from a docking tunnel prompted Mission Control to advise potential use of oxygen masks. Commander Stafford and Soviet Alexei Leonov reported the odor, likened to cordite, had diminished and described no major danger.
MENTIONED IN THIS ARTICLE
Mander
Thomas P. Sifford
Houston Mission Control
Stafford
Alexei Leonov
Soyuz
Thomas P. Stafford
Mission Control
Donald K. Slayton
Vance
Houston Control
Astro
Weather Outlook for Midweek to Monday
Wednesday’s temperatures reached a high of 90 and a low of 71. Partly cloudy skies and hot conditions are expected to continue through Monday with a chance of scattered showers.
Farmers Eye Markets Wheat Price Mounts Amid Soviet Purchases
Southwest Oklahoma elevators saw prices rise as a third 1975 grain sale to the Soviet Union was announced by the U S Department of Agriculture. Cargill Inc and Dryfus firms are cited as buyers, with prices at 3 70 per bushel before noon.
MENTIONED IN THIS ARTICLE
Oklahoma
Soviet Union
US Agriculture Department
Washington
Department
Cargill Inc
Minneapolis
Minn
Cargill
Downtown Parking Expansion Backed by City Agency
Lawton Parking Authority approves a $1.4 million community development grant for parking construction and land purchases in downtown Lawton. The package totals $6.1 million in the first year for community development programs, including $1,462,000 allocated to downtown parking land purchases.
MENTIONED IN THIS ARTICLE
Skip Gibson
Lawton Parking Authority
LPA
City Council
Lawton Advisory Committee
Lawton
Rnewal Authority
Neal Harsper
Lawton, Inc
March
Rail Talks Collapse Sparks Fear of Nationwide Strike
Negotiations between railroad labor and management broke down with the Brotherhood of Railway Clerks predicting a strike. Union president C L Dennis said issues remained unresolved, despite near agreement on several points, and the walkout deadline was postponed at the mediator’s request.
MENTIONED IN THIS ARTICLE
Washington
Brotherhood of Railway Clerks
Postal Service
C. L. Dennis
Dennis
W. J. Usery Jr
Oil Executives Deny Gasoline Shortages To Raise Prices
In Washington executives from major oil firms testified before Senate committees that they are not causing gasoline shortages to push prices up. They argued supply is higher than last year and that costs are rising but being absorbed temporarily to avoid drastic price spikes. In Okinawa and Tokyo violence erupted with radicals and the crown prince and princess narrowly escaping harm.
MENTIONED IN THIS ARTICLE
Washington (Ap
Senate
Naha
Okinawa
Japan
Tokyo
Akihito
Michiko
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