May Industrial Output Rises 0.7 Percent Amid CEA Caution
The May 0.7 percent jump in the Federal Reserve's industrial production index drew cautious praise from President Nixon's Council of Economic Advisers who said the gain is not a sign of an accelerating expansion. Treasury official Murray Weidenbaum called it very encouraging as recovery continues, with output up 5 percent from April and an annual rate of 8.5 million units.
MENTIONED IN THIS ARTICLE
Washington
General Motors
Nixon
Federal Reserve Board
Council of Economic Advisers
Council
Treasury Department
Treasury
Murray Weidenbaum
Office Building Plans Started in Tulsa
Senate President Pro Tempore Finis Smith says planning for a new state office building in Tulsa will be well underway by year end, with construction likely to begin in 1972 on a seven million dollar facility. Rep. William Poulos opposed the measure, but the bill passed after Smith moved its text into another measure.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Senate
Finis Smith
William Poulos
Poulos
Juvenile Fires in Dallas Tie to Major Losses
Dallas Fire Department investigators blame juveniles for a surge of incendiary fires costing residents and insurers more than $1.3 million in 1970. Division Chief Ernest Emerson says juveniles were responsible for 60 to 70 percent of these fires.
MENTIONED IN THIS ARTICLE
Dallas
Dallas Fire Department
Ernest Emerson
Youths Loot City as Rioting Closes Newburgh Block
In Newburgh New York police sealed a section of the city after sporadic looting and vandalism by roving groups of mostly youths. A dozen arrests were reported on disorderly conduct charges and 25 people were treated at St. Luke's Hospital for injuries. Two minors sustained minor gunshot wounds. The disturbances followed high school exam release at Newburgh Free Academy, a 2100 pupil school.
MENTIONED IN THIS ARTICLE
Hudson Valley
St. Luke’s Hospital
Newburgh Free Academy
Unclaimed Personal License Plates Spark Curiosity
About 99 Oklahoma motorists did not claim personalized license plates costing $10 each. Readouts include TWINS and GOP, hinting at life events or party changes. Among the unpicked plates three read TORCH-1 TORCH-2 and TORCH-3. TORCH-1 was collected, the others left.
MENTIONED IN THIS ARTICLE
Oklahoma City
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