Signs of economic upturn amid easing recession
United Press International reports the nine leading indicators rose 1 percent in February, marking the first gain in seven months. Oil imports fell to their lowest since 1973, yielding a $971 million trade surplus, while retail sales and automaker production expectations point to improved demand. The Dow gained, money supply growth slowed, and economists foresee a cautious recovery with high unemployment likely through year end.
MENTIONED IN THIS ARTICLE
United Press International
United States
U.S
Ford
Ford Administration
Michael Evans
Chase Econometrics
Gunmen Trade Envoy for Gold in Somalia Hostage Swap
Three gunmen who kidnapped French ambassador Jean Gueury in Mogadishu freed him in Aden South Yemen in exchange for two imprisoned rebels and 100000 dollars in gold bars. The swap involved flights between Mogadishu Aden and Djibouti with ransom funds and two prisoners from the Afars and Issas.
MENTIONED IN THIS ARTICLE
Paris
UPI
Somalia
South Yemen
Aden
Djibouti
Afars
Issas
Somali Airlines
Jean Gueury
Mogadishu
France
Gueury
Francoise
Bosaso
East Africa
Egypt
Omar Osman Rabeh
Omar Elmi Kabeh
Crucifixion re enacted in Philippines town of San Pedro
In San Pedro north of Manila, Fernando De La Cruz was crucified at 1 10 p m as tourists captured the scene. Two men in red Roman tunics hammered nails into his hands, the cross raised, and he remained aloft about three minutes before being lowered. The event drew locals, flagellants, and foreign observers, amid church disapproval and a crowd that included news crews and visitors from nearby Clark Air Base.
MENTIONED IN THIS ARTICLE
San Pedro
The
Philippines
UPI
Manila
Fernando de la Cruz
Cruz
Clark Air Base
Piring
Snyder Caught Up in Hughes Stock Case
Jimmy Snyder known as The Greek sits amid a SEC civil suit accusing Howard Hughes and six others of defrauding Air West stockholders of up to 49 million dollars. Greenspun and others named deny wrongdoing as the action seeks restoration of losses.
MENTIONED IN THIS ARTICLE
Jimmy
Hughes
San Francisco
UPI
Snyder
Howard Hughes
Air West, Inc
Security & Exchange Commission
SEC
Las Vegas Sun
H.M
Hank
Greenspun
Air West
Hughes Purchase
U.S
Summa Corp
Hughes Air Corp
Hughes AirWest
Ford signs aid bill amid criticism of cuts
President Ford signed the 3.7 billion foreign aid bill for the year to July but criticized Congress for deep cuts. He said reductions in overseas assistance could hurt American interests at home and abroad, noting the bill was 2.2 billion below his request and that humanitarian aid was pared. The measure funds South Vietnam and Cambodia but no new military aid was provided.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Congress
Nouncing
South Vietnam
Cambodia
Whetmore Defends Campaign Fund Outlays
State Senator James E. Whetmore defends using campaign funds to maintain his Buena Park townhouse and office. He says taxpayers’ money should not finance campaigns and cites a difference of opinion on proper off election year campaign headquarters. Supporters and local GOP members report mixed reactions from constituents.
MENTIONED IN THIS ARTICLE
Anaheim
UPI
James E. Whetmore
Buena Park
Whetmore
Anaheim Young Republicans
Louise Steele
la Habra
Strong earthquake rattles Utah and Idaho towns
A 6.3 magnitude quake near the Utah Idaho line caused minor damage in Salt Lake City and plaster collapse in Malad Idaho and Snowville Utah. One teenage girl was injured by a falling wall panel. tremor felt across northern Utah southeastern Idaho and southwestern Wyoming.
MENTIONED IN THIS ARTICLE
Salt Lake City
UPI
United States
Los Angeles
Utah-Idaho Line
Malad
Idaho
Snowville
Utah
Wyoming
San Fernando Valley
Shell boosts gasoline by a penny in California
Shell Oil raises all grades of Shell motor gasoline by one cent per gallon in San Mateo California. The company also hikes kerosene premium diesel furnace oil diesel fuel and jet fuel by 1.5 cents and aviation gasoline and liquid petroleum gas by 2 cents per gallon under federal cost pass through rules.
MENTIONED IN THIS ARTICLE
San Mateo
Calif
UPI
Shell Motor
Shell Oil
NWLF demands free power from PGandE in 48 hour ultimatum
Terrorists threaten PGandE with no charge power for unemployed as the NWLF claims responsibility for blasts at a Santa Clara substation and other facilities. Five bombs knocked out power to about 35 000 homes. Berkeley FBI offices damaged with no injuries. Miss Hearst linked to SLA is wanted.
MENTIONED IN THIS ARTICLE
San Jose
Calif
UPI
Pacific Gas & Electric Co
Santa Clara Valley
San Francisco Bay Area
Berkeley
FBI
Pg&e
People's Forces of the
New World Liberation Front
NWLF
Prime rate falls to 7.25 percent as banks cut loans
New York banks reduce prime rate to 7.25 percent the lowest since May 1973 with Citibank leading a wave of cuts. They aim to spur lending amid a recession while larger banks follow the pattern set by Citibank and Bank of America.
MENTIONED IN THIS ARTICLE
New York
UPI
First National City Bank
Citibank
St. Louis
Midwest Bank
Bank of America of
San Francisco
Federal Reserve
Also Mentioned on This Page
Oscar Canas
Lants
Ricksha Restaurant
Ricksha
E. Ocean Ave
Nk& Steel CO
P.O
South Street
San Luis Obispo, Ca
By Barnes
Parker
National Earthquake Information Center
Golden
Colo
Center
Waverly
Kentucky Fried Chicken
East Ocean Avenue
Lompoc
Alameda Counties
Red Guerrilla
Solidarity
Symbionese Liberation Army
Patricia Hearst
Miss Hearst
William Randolph Hearst
SLA
Fed
H’ Street
Ostlund
the Complete Pet Store
North H St
Lompoc Plaza
Hammond Hammond
Baldwin Baldwin Baldwin Hammond
Baldwin
Terta
Pete Taru Bele
Ce Ue
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