Federal recession study says downturn deeper than feared
A Federal Reserve and Boston Fed report says the 1975-76 recession is worse than government indicators suggest. It notes a 3 percent January-February drop, 21.7 percent decline since July 1973, and the construction slump with residential and public work down sharply. Dow Jones tops 753 as stock gains mask weakness.
MENTIONED IN THIS ARTICLE
United Press International
Federal Reserve
Senate Budget Committee
Congress
New York Stock Exchange
Dow
Commerce Department
Federal Reserve Bank of Boston
Fed
West German Hostage Crisis Shifts as Five Freed
West German anarchists freed their hostage and sent Pastor Heinrich Albertz back to West Germany from Aden. The move followed the abduction of Peter Lorenz, with authorities seeking proof he is alive. The Bonn government released five jailed leftists and flew them out, while Lorenz’ fate remains unresolved.
MENTIONED IN THIS ARTICLE
United Press International
Aden
West Berlin
Lufthansa
South Yemen
Arabian Peninsula
Heinrich Albertz
West Germany
Frankfurt
Albertz
Berlin
Christian Democratic
Peter Lorenz
Lorenz
Addis Aba
Christian Democratic Party
Law and Order
Bonn
Middle East
Americans back gas price rise over rationing in poll
A Gallup survey of 1,544 Americans shows 48 percent favor higher gasoline prices to cut 20 percent of fuel use while 42 percent back rationing. The poll, commissioned by the Highway Users Federation, also gauges views on energy realness, unemployment, inflation and public transport access.
MENTIONED IN THIS ARTICLE
Washington
UPI
Gallup
Ford
House Ways Means Committee
The
Highway Users Federation
Delegation backs more U S aid for Cambodia amid crisis
An eight member congressional group just back from Indochina favors sending about 120 million dollars of ammunition and 75 million dollars in emergency food to Cambodia. Led by Rep. John Flynt the delegation presents findings at a House hearing as Ford seeks 222 million in emergency Cambodia aid and 300 million for South Vietnam.
MENTIONED IN THIS ARTICLE
Washington
UPI
Indochina
Cambodia
John Flynt
D-Ga
House
Foreign Operations Subcommittee
Ford
Congress
South Vietnam
Paul McCloskey
Rcalif
Millicent Fenwick
Rn.j
Bella Abzug
D-N.y
Fenwick
Florida divers claim multimillion dollar sunken treasure
Florida salvage leader Mel Fisher and a state division split about six million dollars in gold silver bars coins jewelry and armaments recovered near Key West from a 1622 Spanish wreck possibly the La Nuestra de Atoche. The state takes 25 percent while Fisher and the team retain the rest.
MENTIONED IN THIS ARTICLE
Tallahassee
Fla
UPI
Fisher
Bruce Smathers
Division of Archives and History
Robert Williams
Securities and Exchange Commission
Havana
Marquesas Keys
Key West
Williams
MIT student outlines feasible atomic bomb design
A MIT graduate student, using publicly available information, drafted a design for an actual working bomb in five weeks for a PBS Nova episode. Experts say the plan could work and produce a blast equivalent to 100 tons of TNT, risking mass casualties if material is stolen by terrorists. The program notes security is insufficient to fully prevent theft and discusses implications for public safety.
MENTIONED IN THIS ARTICLE
Boston
UPI
Public Broadcasting Service
Massachusetts Institute of Technology
Defense Department
Jan Prawitz
Prawitz
Theodore Taylor
PBS
Also Mentioned on This Page
Werner Maihofer
Rolf Pohle
Rolf Heissler
Gabriell Kroecher- Tiedemann
Verena Becker
Ingrid Siepmann
By Barnes
Sara
Los Angeles
Sara Vaughn
Mainstream Records Inc
New York
Wed
Resay
E. Ocean Ave
W. Ocean Ave
Lompoc
Virginia
Bologna
Williams Bros
U.S
Phnom Penh
Mekong River
Sen
Dewey Bartlett
Rokla
Lon Nol
William Chappell Jr
D-Fla
Chappell
State Department
United States
Keys
SEC
Federal
MIT
John Angier
John Ehrlichman
California
Daniel Ellsberg
Superior
District Attorney's
Nixon
Ehrlichman
Watergate
London
Elliot Richardson
Britain
Richardson
Newsmen
Miami
Gregory and
McPeek
H’ Street
Record
Lompoc, Calif
Security Pacific National Bank
Security Pacific Bank
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