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Newspaper
Palladium Times
Location
Oswego, New York, United States of America
Date
Dec 31, 1970
Page
5
A year in review shows lagging demand and rising costs squeezing major firms. Space program cuts threaten layoffs, Boeing trims Seattle jobs, GE settles wage increases, primes rate falls to 7 percent, Penn Central files for bankruptcy, and inflation alerts trigger policy responses.
United Auto Workers union in November ended with a historic three year wage rise of 30 percent. The House approved a trade bill to curb imports of textiles and shoes while maintaining oil restrictions. The inflation alert attack named General Motors and the UAW as inflation culprits. Nixon shifts Gulf oil input control from state to federal.
Dr. V F Yager pastor of Sandy Creek Baptist Church announces a Watch Night service at 11 30 p m Thursday with church activities to greet the new year.
The Sandy Creek United Methodist Church will hold a New Year’s Eve service at 11:30 p.m. on Thursday, featuring music, communion and a short meditation. Bells will ring at midnight to welcome the new year as the congregation invites everyone to attend.
The Sandy Creek Junior Grange will meet at the Grange Hall on Wednesday January 12.
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