Slowdown Seen For '74
AP analysis outlines an impending economic slowdown tied to the Arab oil boycott. Economists warn of higher prices, factory shutdowns, and layoffs with potential for a recession if the boycott lasts beyond six months.
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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Nov 19, 1973
Page
3
AP analysis outlines an impending economic slowdown tied to the Arab oil boycott. Economists warn of higher prices, factory shutdowns, and layoffs with potential for a recession if the boycott lasts beyond six months.
Dr. Joseph Senne of the University of Missouri Rolla explains Kohoutek can be sighted with binoculars low in the southeast before sunrise and will brighten to naked eye visibility by late November. He notes the comet’s approach, upcoming observations, and cautions about looking at the sun once it passes near it.
Governor Bond remains against placing a new St Louis area airport in Illinois. He argues the fuel shortage strengthens the case against Waterloo Illinois. He awaits a master study on Lambert and notes Illinois officials invite him to discuss the issue as Missouri plans expansion to meet future aviation needs.
Catherine Stanek, the last of the five surviving Stanek sextuplets, has been discharged to join parents Edna and Eugene Stanek and four infant brothers. Born Sept 16 as six-week premies, the six babies faced severe health challenges. Julia died shortly after birth. The family hired full-time nursing help and seeks a larger suburban home to accommodate care needs.
Alabama Governor George Wallace addressed the Southern Conference of Black Mayors in Tuskegee, speaking on education, development, and social services. He defended plans for a better life for all races and touched on the Alabama school bus system amid a bus desegregation topic. Prior to the talk, Saturday, he crowned Terri Points of Birmingham as the university’s first black homecoming queen.
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