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Ottawa Herald in Ottawa, Kansas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Ottawa Herald

Location

Ottawa, Kansas, United States of America

Date

Jan 09, 1971

Page

2

Inflation Outlook for 1971 Signals Higher Prices Push

Washington economists project a 1971 economy with inflation and unemployment pressures. GNP may reach about 1.4 trillion with real growth near 3 percent, while price rises push costs higher. Nixon administration aims for expansion via easier credit and targeted spending within a tight budget.

Washington Nixon Federal Reserve Board National Association of Manufacturers Johnson

Market Turmoil Deepens as 1970 Stumbles on Wall Street

New York market data show 1970's rude awakening with falling prices and shrinking volume. Bankruptcy waves hit brokers Amott Baker Blair Dempsey Tegeler McDonnell and Orvis as firms liquidate or merge into Goodbody Blythe Dreyfus Francis I. du Pont Haydn Stone Thomson Winslow. Merrill Lynch buys Goodbody to salvage customer accounts. New York Stock Exchange sets a 65 million trust to protect investors amid turmoil.

Middle East United States Cambodia Wall Street Amott, Baker & Co Blair & Co Dempsey-Tegeler & Co McDonnell & Co Orvis Brothers & Co Goodbody & Co Blythe & Co Dreyfus & Co Francis I. du Pont & Co Hayden, Stone, Inc Thomson & McKinnon, Inc Winslow Merrill Lynch, Pierce, Fenner & Smith Goodbody Merrill Lynch New York Exchange Securitien Wall Street N Rothing

Panel Calls for Overhaul of Federal Criminal Laws

A 336 page report from a special congressional commission urges total firearms registration abolition of the death penalty and a ban on all handguns. It favors leniency for marijuana users but stiffer penalties for dangerous criminals and suggests trying juveniles over 15 as adults for serious crimes. The panel also seeks to prohibit private armies and paramilitary groups like the Minute Men.

Washington Congress Richard H. Poff R-Va Study Commission Newsmen Poff Justice Department National Commission On Commission Sens John L. McClellan D-Ark Sam J. Ervin Jr D-N.c California Edmund G. Brown Brown Louis B. Schwartz Minutemen

1971 Tough Bargaining Looms Across Major Industries

The economy faces further shocks in 1971 as unions and major industries bargain for about five million workers amid inflation and unemployment. Wage fights are planned for telephone workers, steelworkers, railroad workers, aerospace and coal miners, with political tensions mounting between Nixon and Congress ahead of 1972.

Washington Nixon Congress White House Afl-Cio Can Industry United Auto Workers

Also Mentioned on This Page

General Motors New York Ent Merlin Casteel Ottawa Aerospace United Mine Workers Union Mine Workers W.A Tony” Boyle Ottawa Herald Business and Professional Guide Optometrists Arvid Berglund, O. D Optometrist Olin G. Wollen, O. D Don L. McKelvey D.C Dennis L. Smith, O. D Rodney McClay, D. D Chiropractors S. M. Brockway D. C Medical Directory D. C. Hadley, M. D General Practice Medical Arts Building S. Main D, E. Philgreen, M. D W. 15Th St J. C. South, D.C L. J. Mathey Osteopathic Homer N. Flora, D. O David L. Young, D. O RFD Physical Medicine Pharmacists Beauty Shop Raney-Reynolds Rexall Drug Store John Reynolds Beauty Land Styling Salon Eloise Milton Shirley James Peggy Ferguson Waunlta Riemer Everett’s Everett Stark Duane Vaughn A-1 Cab CO Bill Adams Mardle’s Refrigeration Service Kansas York Susu Theen Henning Bros C. H. Strehlow, M. D Medical Arts R. A. Gollier, M. D Rex David G. Laury, M. D Louis N. Speer, M. D General Medicine Res R. A. Gollier M.D Franklin County Mental Health Clinic, Inc Raby’s Ambulance Service, Inc Money Back Life Insurance National Life & Accident Insurance Co Jake Ralston Princeton Welding Service Portable Welding Service Harris Welding CO Brown’s Hardware BOB Luce Johnson Motors Newman Goats Richardson’s IRCA Zenith Whirlpool Corning RCA Crites Main Ottawa, Kansas
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