Ford to veto housing subsidy amid rising US home construction
President Ford prepared to veto a $1.2 billion housing subsidy bill as Commerce Department data show May starts up 14.2 percent and permits up 8.6 percent to 909,000 annually. Rhodes cites cost and deficit concerns. NAHB says recovery remains slow. Hills calls data encouraging for housing market.
MENTIONED IN THIS ARTICLE
Ford
Washington
Commerce Department
J. S. Norman
Carla A. Hills
Rockefeller adapts to role as Ford's staff assistant and No 2
Nelson Rockefeller marks six months as vice president saying he has adjusted to being No 2 and maintains a close working relationship with Ford. He defends the CIA commission flap, praises Ford's steadiness, and notes his aim to be helpful and useful to the country while supporting Secretary of State Kissinger.
MENTIONED IN THIS ARTICLE
Washington
Nelson A. Rockefeller
Ford
Rockefeller
Central Intelligence Agency
Henry Wallace
Eisenhower
Richard M. Nixon
Henry A. Kissinger
Informant flees with large cash in securities sting
Chicago reports say an informant in a DOJ undercover operation stole 1.75 million tied to a non backed certificate issued by Continental Illinois Bank. Charles E. Leggett, a former businessman, used the fake CD to secure a 2 million La Jolla mortgage, then vanished.
MENTIONED IN THIS ARTICLE
Chicago
Justice Department
Continental Illinois Bank & Trust Co
Chicago Tribune
Charles E. Leggett
Leggett
la Jolla
Calif
Baltimore
Davidson
Continental Illinois
Sticky heat to persist with thundershowers likely
Weather outlook shows warm humid conditions through tomorrow with a 40 percent chance of rain today and 30 percent tonight and tomorrow. Lows near 70 tonight and highs in the 80s tomorrow, yesterday’s high was 84 and overnight low 64, with six tenths of an inch of rain recorded.
False dip forecast in jobless figure
New York AP reports that the official unemployment rate may show a false dip in June due to seasonal adjustment quirks. Commissioner Julius Shiskin warns the true rate could be as much as .75 percentage points higher than the official figure, with July likely rising. May unemployment stood at 9.2 percent.
MENTIONED IN THIS ARTICLE
New York
U.S. Bureau of Labor Statistics
Julius Shiskin
Shiskin
Newsmen
Payments trend mixed as U S balance of payments slips
The Commerce Department reports a $475 million first quarter deficit in the U S balance of payments, a narrowing from last year’s $6.57 billion shortfall due to improved trade and slower outflow of investment funds. Unemployment remains a concern amid June to July shifts. Jeb Stuart Magruder has joined Young Life in New York, aligning with his revised aims.
MENTIONED IN THIS ARTICLE
United States
U.S
Commerce Department
Department
Jeb Stuart Magruder
White House
Young Life
Magruder
Ohio House designates ladybug as state insect
About 15 elementary students dressed as ladybugs watched from the balcony as the House voted 85 to 8 to designate the ladybug as Ohio’s state insect. The Senate approved the resolution sponsored by Sen. Marigene Valiquette of Toledo.
MENTIONED IN THIS ARTICLE
Columbus
House of Representatives
House
Marigene Valiquette
Toledo
Also Mentioned on This Page
Ann Landers
Comics
Eee Eee
Eee
Heloise
Eees
Middletown
Area
Eee Eens Television
Eens Women’s News
John J. Rhodes
Arizona
GOP
Rhodes
Executive Mansion
Faisal
Beirut
Lebanon
Faisal Ibn Musaed
Riyadh
Khaled
Mohammed
Saudi Arabia
Rocky
Senate
Capitol
Executive
California
Ronald Reagan
Nelson Rockefeller
the Tribune
Canada
The
Sheldon Davidson
Chicago Daily News
Ladybug
Ohio
State
Insect
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!