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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Dec 28, 1973
Page
2
Washington AP Nixon administration sees steady growth in 1974 aided by energy policy. Top economic adviser forecasts expansion but warns of proposed steps to bolster the economy if energy constraints tighten.
Cotton futures slipped in early trading as traders liquidated ahead of the holiday weekend. Spot cotton near 86.0 cents a pound, with midmorning quotes up to 25 cents per bale. Dow Jones slid, while economists warned of potential recession in 1974. Trade surplus projected for 1973 aided by dollar devaluations, with inflationlake forecasts mixed. Local Pecos paper notes 1973 year end figures and staff details.
New regulations signed by Energy Chief William E. Simon set allocation priorities for gasoline, distillate fuel, residual oil, aviation fuel, propane, butane gas, and petrochemicals. The plan prioritizes energy production, public services, heating, agriculture, and emergency needs, with partial limits for other businesses and airlines.
Army officials seek data from new volunteers to determine if the recruiting rebound reflects genuine long term gains for the all volunteer force or if it will fade as civilian job prospects improve. Pentagon analysts will use the results to judge sustainability and compare Marine Corps trends.
Austin AP reports that a county commissioners court may limit testimony on a subject. The brief discusses procedural limits, potential hearings, and the role of public witnesses in local government proceedings.
Skylab 3 crew Gerald Carr William Pogue and Edward Gibson marked the voyage halfway at 9 35 a m EST aboard the space station 270 miles above the South Atlantic They reported 17 7 million miles traveled and 607 orbits since the Nov 16 launch as Gibson trained telescopes on comet Kohoutek near the sun.
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