Economists see recovery signs end of recession near
Bank of America and other leading lenders report that the U.S. economy shows convincing signs the psychological bottom of the recession has been reached. They forecast a more vigorous recovery than anticipated, with a halt to the slump likely during the summer. Treasury Secretary William Simon commented on the situation.
MENTIONED IN THIS ARTICLE
Richard Hughes
UPI
U.S
Bank of America
First National City of
New York
Bankers Trust Co
Donald E. Woolley
Bankers Trust
Treasury
William Simon
Economy Sees Upturn Amid Inflation Fears
The American Society of Business Writers reports economy more vigorous than expected with a potential recovery before mid year. Federal Reserve officials in New York and San Francisco note encouraging signs, while John J. Balles warns rapid money supply expansion could trigger inflation a year or two hence.
MENTIONED IN THIS ARTICLE
American Society of Business Writers
Washington
Federal Reserve Banks
New York
San Francisco
John J. Balles
Fed
Plano High ROTC Awards Banquet Honors Cadets
Plano High School ROTC awards banquet honors top cadets with seven leadership awards including the Bob Patton Leadership Award. Col. Jack Cronin of Headquarters 5th Army will speak. Additional honors include ribbons for top 25 percent cadets, ten ribbons of achievement, and recognition for the 29 member Wildcat Rifles drill team.
MENTIONED IN THIS ARTICLE
Plano High School
Rotc Corp
PHS
Bob Patton
Jack Cronin
5Th Army
San Antonio
ROTC
Patton
Army Reserve
Plano
Edsel Overall
Plano-Richardson
Daughters of the American Revolution
Louis J. Ramaggi
Texas
Daughters of Founders
Patriots of America
Thomas Moring
Dallas
Dudley Fish
Wildcat Rifles
County to Get Rebates Soon
Collin County will receive 12.323 million dollars in a two part payout from Washington. About 9.45 million will be refunds for overwithholding and 2.873 million in 1974 tax rebates. Individual payments include 50 dollar checks for Social Security and welfare recipients.
MENTIONED IN THIS ARTICLE
Collin County
Washington
Congress
Texas Supreme Court Upholds San Marcos Utility Regulation Power
The Texas Supreme Court ruled 6 to 3 that home rule cities may regulate utility rates, allowing San Marcos to regulate LCRA charges. The decision voided the city’s 1972 ordinance for failing to notify the LCRA and invalidated an initial rate increase for open meetings violations, while a 1973 reenactment was upheld. Justice Sears McGee dissented, warning of bond and rate-divergence risks.
MENTIONED IN THIS ARTICLE
Austin, Tex
UPI
Texas Supreme Court
San Marcos
Colorado River
LCRA
Sears McGee
McGee
Supreme Court
Lake Lavon expansion to boost Plano area tourism
The Lake Lavon project expands the reservoir to four million visitors yearly, adding 19 parks with 56,000 daily campers, two accessible parks for the handicapped, new recreational facilities, and nearby development like Leis Lagos. The $55 million federal effort aims to improve flood control and water supply while drawing residents and tourists to enjoy boating, fishing, and camping near Plano.
MENTIONED IN THIS ARTICLE
Plano
Lake Lavon
Charles W Screeton
U.S. Corps of Engineers
Screeton
Lavon
Texas
Lucas
Lovejoy
Leis
Collins County Sheriff's Dept
Veterans Land Program Increases Loan Limit To Fifteen Thousand
Austin reports the Veterans Land Program now offers loans up to 15000 under new year legislation announced by Land Commissioner Bob Armstrong, up from a previous 10000 limit. A Defense Department spokesman also notes Belgium and The Netherlands have bought the Lance missile system from the United States with LTV Aerospace as prime contractor. contract value and missile count were not disclosed though a separate report cites a 35 million dollar Dutch purchase.
MENTIONED IN THIS ARTICLE
Austin, Tex
VPI
Veterans Land Program
Bob Armstrong
Grapevine, Tex
UPI
Defense Department
Aviation Space Writers Association
Belgium
Netherlands
United States
LTV Aerospace Corp
Barroom quarrel over Texas Longhorns Alabama ends in stabbing
In San Antonio Texas one man was stabbed with an icepick during a barroom quarrel over the Texas Longhorns and Alabama Crimson Tide. Harvey L Parker, 50, was hospitalized with chest and shoulder wounds. Police have not located the assailants.
MENTIONED IN THIS ARTICLE
San Antonio
Tex
UPI
Texas Longhorns
Alamama Crimson Tide
Alabama
Bear Bryant
Longhorn
Harvey L. Parker
Las Cruces slaying of Lubbock motorcycle club member noted
Dona Ana County Sheriff Tony Gonzales said few leads exist in the investigation of the slaying of Lewis Edward Allison 28 a member of a Lubbock Texas motorcycle club His nude body was found last month on a mesa west of Las Cruces with a single gunshot to the back of the head.
MENTIONED IN THIS ARTICLE
Las Cruces, N.M
UPI
Dona Ana
Tony Gonzales
Lubbock, Tex
Lewis Edward Allison
Las Cruces
Also Mentioned on This Page
Shapiro
Judy Jordan
Channel 4
Mike Newman
Balles
Treasury Department
Brockdale
Caddo
Lake
Lake Texoma
Sam Rayburn
Lake Tawakoni
System Purchased
Horn Rooter
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