12 Nov 1976
Page 1
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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Nov 12, 1976
Page
1
In a major district 3-AAAA rivalry tonight Neville faces Ouachita with playoff berths on the line. The outcome will determine which team advances to the district tournament.
Weather summary reports mild readings for Monroe with highs in the mid 40s and lows around the upper 20s. Wind gusts reach 20 to 25 mph from the northeast with wind warnings in effect for area lakes. Forecasts cover Union Lincoln Bienville Jackson Winn Morehouse Ouachita Richland Caldwell Franklin W Carroll FE Carroll Madison and Tensas parishes with cold, dry conditions through Saturday.
Plans for the annual St Frederick bazaar, set for Sunday November 21 from 11 a.m. to 5 p.m. at the school, include games and community activities. Crews from the Monroe Utilities Commission install bright Christmas decorations along Civic Center Blvd despite the dreary weather.
Some federal Farmers Home Administration directors say they may sue to keep their Republican appointed posts after the Carter administration takes over. The 46 state directors, earning 24308 to 33739 annually, discussed potential legal grounds at a meeting in Alexandria Virginia this week but have not decided on court action.
IRS Commissioner warns the 1976 tax return process will be more difficult for many taxpayers due to new calculations and the long form 1040. Changes include new deductions, credits, and the shift to tax tables up to 20000, with concerns about arithmetic errors and choices between credits.
U S diplomats warn higher oil prices could fan inflation and slow growth worldwide. OPEC meets Dec 15 in Qatar to discuss prices, with potential rises up to 20 percent. A rise could lift U S inflation to 7 percent and cut growth from 4 to 3.4 percent.
Federal Reserve Chair Arthur Burns told the Senate Banking Committee that expansion is needed but traditional stimulus could backfire. He warned against rapid money-supply easing while signaling cooperation with Carter and Congress, as Proxmire pressed for policy clarity and potential congressional pushback if the Fed loses independence.
Rescue crews struggle to reach 33 aboard the sunken Carnelian-1 1,400 miles northwest of Honolulu as heavy seas hamper operations. Two men aboard the Hunter are safe, and eight to ten others cling to logs or life rafts amid worsening weather.
Louisiana Power and Light filed with the Public Service Commission for a 24.6 percent rate increase across all customer classes. If approved, a $10 bill would rise to $12.03, $20 to $24.44, $30 to $37.40, and $40 to $50.33, adding about $54 million in annual revenue as costs climb. The company cites rising labor, materials, and capital costs and says it serves more than 372,000 residential, 37,000 commercial, and 6,000 industrial customers in Louisiana. Public Service Commission Chair Louis Lambert was unavailable for comment on hearing dates.
Neville High School officials announced that all reserved seats are sold for the Neville Stadium game tonight against Ouachita. General admission tickets will guarantee entry but not a seat, with bleacher seating for several hundred in the east. Tickets go on sale at the stadium until game time. gates open at 6 p.m. Clear skies and upper 20s at kickoff.
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