02 Jun 1977
Page 1
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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 02, 1977
Page
1
Weather stays fair with highs in the mid nineties and a 20 percent chance of rain Friday. Gulf Coast officials declare hurricane season officially opened and Louisiana names June 17 as Hurricane Preparedness Week.
Shreveporter Gene Frase takes a four stroke lead after day one at the Bayou DeSiard Seniors Invitational. Monroe Armature moves into first in the American Legion Race with an 11-2 win over Bastrop. Index page 1C.
Classified line advises dial 322-516 for ads with a low ten day rate and cancellation option. The notice appears in the News-Star-World Want Ads section.
District Judge John Sirica ordered John Mitchell and H R Haldeman to begin prison terms on June 22 for their Watergate cover up. He wants a Supreme Court order before finalizing the date, which follows their Jan 1 1975 convictions for conspiracy obstruction of justice and perjury.
Husband tells wife she may buy a new dress and compliments the look it gives her. The line mixes humor with a lighthearted view of aging and fashion in a domestic moment.
President Carter addressed the House Commerce Committee energy subcommittee urging resistance to special interests and support for his energy plan. Representative Moffett reported the discussion as Carter pressed for strengthened measures while lawmakers raised concerns about air quality and industry profits.
New York AP report says the stock market rally that began Wednesday lost steam with mixed early results. The Dow Jones average stood at 904.77, down 1.78, as gains outweighed by declines among NYSE issues. Dow Chemical led volume with a 352,000 share block at 35 percent. NYSE composite fell .11 to 52.86 while AMEX market value index dipped .11 to 112.20. Volume on the Big Board reached 8.73 million in two hours.
The United States voiced disappointment over failing to agree on a permanent producer consumer energy panel while backing salvage efforts on other accords. Delegates, including Secretary of State Cyrus Vance, extended talks into a fourth overtime day as reforms target poverty relief and price stability for raw materials amid debt relief debates.
Twin Cities report that Sandra Kay Smith daughter of Mr and Mrs Stanley Smith 117 Richmond St Monroe turned 11 on Tuesday. She celebrated with a skating party. Caution urged as summer classes begin and school zones remain in effect reminding motorists to drive carefully near schools.
The Associated Press reports a May rise in the market basket across 12 of 13 cities with an average 3.5 percent gain, led by pork chops, coffee, and frankfurters. Eggs offered a rare bright spot as prices fell, while farm prices also climbed 2 percent from mid-April to mid-May.
A Marketbasket Comparison Chart reports percent changes in pork chops eggs and coffee in listed cities. The overall market basket bill rose 3.1 percent last month compared with a 1.4 percent rise in April.
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