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Lompoc Record in Lompoc, California

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Newspaper

Lompoc Record

Location

Lompoc, California, United States of America

Date

Jun 06, 1975

Page

7

Moscone Bill Defeated on Public Board Composition

In Sacramento the Senate defeated SB818 to require a majority of public members on licensing boards for doctors nurses and 10 other professions. The measure failed 13 to 20, short of the 21 needed, though Moscone may reintroduce it later while other consumer bills were also rejected by the Finance Committee.

Sacramento UPI Department of Consumer Affairs Senate George Moscone San Francisco Senate Finance Committee Moscone Russell Little Joseph Remiro Robert W. Blackburn Alameda County James Jenner Little

Governor signs farm worker ballot secrecy and urban homesteading

A UPI report notes farm worker union election secrecy measures, artists’ Chicano exhibit at the governor’s office, and Senate approval of urban homesteading in blighted areas. Other items include penalties for repeat burglars, a consumer affairs super agency, taxpayer funding for fairs, and licensing board reforms along with a public utilities fining cap and mental illness question removal on licenses.

Senate Dills Gardena Assembly Carpenter Newport Beach

Payday in New York payroll cash squeeze

New York City faces a $45 million shortfall to cover $132.9 million in debts including an $89.1 million payroll. Officials scramble to deposit $100 million to $140 million from prepaid property taxes to avoid bouncing 330,000 paychecks while still needing more funds for short term obligations.

New York UPI Harry Tishelman Abe Beame

Reserve board accelerates nation's money supply

The Federal Reserve Board reports a rapid increase in the money supply over four weeks as the yield on prime business loans falls. Citibank watches its 7 percent rate. a cut to 6 percent would mark the lowest prime since March 1973. Corporate borrowing remains weak even as capital spending plans for 1975 edge up.

Federal Reserve Board Federal Reserve Fed First National City Bank of New York Today Citibank

Also Mentioned on This Page

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