February Unemployment Unchanged Amid Mixed Markets
The nation kept the February unemployment rate at 8.2 percent as job losses in manufacturing were offset by 580000 labor force dropouts. Dow Jones rose 5.71 to 767.52 with advances outpacing declines about 5 to 2. Banks cut prime rates to 8 percent. President Ford warned unemployment could reach 9 percent but urged patience for improvements by year end.
MENTIONED IN THIS ARTICLE
Associated Press
New York Stock Exchange
First National City Bank
Bankers Trust Co
Labor Department
Department
Ford
Advisory Council Urges $7 Billion Social Security Fund Hike
An advisory council urged Congress to add 7 billion dollars in general funds to Social Security next year to bolster the Medicare hospital fund for rising payments to more than 30 million retirees in 1976. The plan faced immediate opposition from HEW Secretary Caspar Weinberger and split among council members who favored higher payroll taxes or indexing benefits to inflation.
MENTIONED IN THIS ARTICLE
Washington
Congress
Caspar W. Weinberger
Health, Education and Welfare
James B. Cardwell
Weinberger
Cardwell
Ford Administration
Social Advisory Council
U.S
Advisory Council
W. Allen Wallis
House Panel Approves Jobs Subsidy Bill
A House Appropriations Committee panel endorsed a jobs subsidy bill funding 1 625 million for public service and 412.7 million for youth summer jobs. Ford asked for immediate funding matching the Democratic plan, with state and local programs delayed to Jan 1. The measures would revive previously authorized programs and create roughly 180000 year long positions plus summer posts.
MENTIONED IN THIS ARTICLE
Washington
House
Carl Albert
George Mahon
D-Tex
Appropriations Committee
Ford
Public Service
Congress
Former Governor Renews Charge of Being Framed
Former Oklahoma governor David Hall renews his claim of being framed during cross examination in his federal bribery extortion trial. Hall and W. W. Taylor are accused of plotting to influence Secretary of State John Rogers to steer a $10 million retirement funds investment to Taylor's firm. The trial features clashes between Hall and U S Attorney William Burkett as a Rogers undercover recording emerges.
MENTIONED IN THIS ARTICLE
Oklahoma City
David Hall
Hall
Dallas
W. W
Doc” Taylor
John Rogers
Taylor
Ford to compromise on aid to Cambodia
President Ford signals a smaller aid package than the previously touted 222 million emergency grant for Cambodia. White House aides say timing matters as Ford warns the region could fall to Communists if Congress delays beyond about ten days to two weeks.
MENTIONED IN THIS ARTICLE
Washington
Ford
Cambodia
White House
Congress
Cold Front Ends Warm Spell in Lawton Area
A Canadian cold front moved into Lawton Thursday ending the spring like weather. Clouds linger through Saturday with cooler temps. Tonight's low near 28. Saturday's high around 45. By Sunday a warming trend returns with partly cloudy skies and higher temperatures. Thursday’s temperatures ranged from 77 to 36.
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Lawton
Meat Price Watch: Small Drops Offer Limited Bargains
Lawton supermarkets report brief specials due to slight wholesale price dips. T bone at $1.25 per pound, round steak $1.04, ground beef 69 cents, pork roast 59 cents, and burgers 59 cents. Easter demand may push poultry prices up. overall prices have steadied from last summer.
MENTIONED IN THIS ARTICLE
Lawton
Senators Vote To Limit Debate On Filibuster Reform
The Senate approved limiting debate on a bill to curb filibusters by a 73 to 21 vote. Leaders push for a showdown on whether future filibusters can be ended by a three-fifths majority, while maintaining a two thirds threshold to halt debate.
MENTIONED IN THIS ARTICLE
Allen
Senate
Green Beret Captain's Wife Joins Unit in Southwest
Mary Susan Thompson, 28, wife of Green Beret Captain Duncan M Thompson, has enlisted in a combat Green Beret unit, reportedly the first woman in the Southwest to join a combat role. She aims to complete two weeks basic training in July and then airborne school at Fort Benning, while her husband accompanies her on her first jumps.
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USSA
Okla
Duncan M. Thompson
Mary Susan
The
Berets
Southwest
Thompson
Army
Ft. Benning
Thompsons
Brown May Return As Cameron Development Office Chief
The Oklahoma State University board weighs creating a Cameron University Development Office and hiring Maj. Gen. Charles P. Brown to lead it. Brown, retired commander of U S Army Test and Evaluation Command, would coordinate expansion and funding with the Cameron University Foundation to secure continued programs after federal grants fade. Salary to be set later.
MENTIONED IN THIS ARTICLE
Brown
Cameron Development Office
Board of Regents
Oklahoma State University
A&m Colleges
Cameron University
Charles P. Brown
Fort Sill
Stillwater
Tohls
Ralph Whiteley
Cameron Public Relations
U.S. Army Test and Evaluation Command
Aberdeen Proving Grounds
Maryland
Whiteley
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John Stennis
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Robert C. Byrd
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