Greenspan sees modest economic pickup amid criticism
President Ford's top adviser Alan Greenspan told Congress that production and employment may rise faster in the second half of the year, while inflation from price decontrol would be milder than some studies suggest. Democrats urged stronger stimulus as Okun warned recovery will take years despite cautions on inflation. Economic data show 1.3 million more Americans in poverty for a total of 24.3 million. oil firms Mobil, Amoco, and Shell reported declines in quarterly and half-year profits.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congressional Joint Economic Committee
Alan Greenspan
Council of Economic Advisers
Greenspan
Hubert H. Humphrey
D-Minn
William Proxmire
D-Wis
Humphrey
Nixon
Ments
Census Bureau
Mobil Oil Corp
Standard Oil Co. of
Indiana
Amoco
Shell
Arthur Okun
Lyndon B. Johnson
House
Morning Markets rebound fades on mixed NYSE results
Blue chip shares edged up as the Dow rose 5.16 to 841.83 at noon after six straight declines. Gainers trailed decliners on the NYSE by about 3 to 2 while Fed Chairman Burns said recent moves raised rates only to counteract tax rebate money growth. General Foods led NYSE volume but fell 5 to 25, amid a broader market showing with Amex activity mixed and diverse price moves across major issues.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Arthur F. Burns
Federal Reserve Board
Fed
General Foods
NYSE
American Stock Exchange
United Brands
Amex
Alcoa
At&t
Rich O
Beth St
Borden
Coca Cola
Dow Chem
Bala duPont
Eastman
el Paso
Exxon
Ford
Elec
Gen Foods
Es Goodrich
Gulf Oil
Ty Hous
Litton B
Marcor
Mobil Oil
Monsanto
Penn Cent
Penney
Phill Pet
RCA
Safeway
Sears
Sony
Sun Oil
Texaco
Texas
UN Carbide
Uniroyal
US Steel
Woolworth
Xerox
Bugging devices legality questioned in Texas
The Houston Post reports federal anti crime funding financed electronic surveillance gear for Texas agencies, with some devices possibly illegal. A National Wiretap Commission note cites wiretap equipment as illegal to possess in Texas, and about 267000 dollars from LEAA and state funds supported purchases. The Governor's Criminal Justice Division lists 28 grants, of which about 100000 dollars may have funded such devices, with 40 entities and over 80 agencies involved and an audit underway.
MENTIONED IN THIS ARTICLE
Houston
Houston Post
Texas
National
Criminal Justice Division
CJD
Governor’s Office
LEAA
the Post
Texas Department of Public Safety
DPS
Free aviation education clinic planned in Victoria Texas
Coastal Bend 99s and Chaparral Aviation with the FAA General Aviation District Offices in San Antonio and Houston sponsor a free general aviation education clinic at the Ramada Inn 2702 Houston Highway Victoria Texas Registration starts at 8 30 a m with films regulations and questions and answers After lunch the meeting continues until 4 15 p m For further information contact Mrs Robert Clegg at 2 3272 or 2 9734.
MENTIONED IN THIS ARTICLE
Coastal Bend 99S
Chaparrel Aviation
FAA
General Aviation District
San Antonio
Houston
Ramada Inn
Houston Highway
Victoria
Texas
Robert Clegg
Sam Houston Names Six From Port Lavaca To Dean's List
Six Port Lavaca students, David Harvey Clapp, Christine Ellen Hahn, Cheryl Yvonne Eveton, Merrison Lovelace, Joseph Lynn Vickers, and Milton C. Williams, earned Dean's List honors for the spring semester at Sam Houston State University with GPAs ranging from 3.0 to 4.0. A 3.0 GPA on a 4.0 scale qualifies for the Dean's List.
MENTIONED IN THIS ARTICLE
Huntsville
Port Lavaca
Sam Houston State University
David Harvey Clapp
Christine Ellen Hahn
Cheryl Yvonne Eveton
Merrison Lovelace
Joseph Lynn Vickers
Milton C. Williams
Social Security Office to hold session in court
A representative of the Social Security Office in Victoria will appear in Courtroom B at the Calhoun County Courthouse at 9 a.m. Tuesday to answer questions about the social security and supplemental security income programs. Prospective claimants for retirement survivor's disability or Medicare benefits should meet him.
MENTIONED IN THIS ARTICLE
Social Security Office
Victoria
Calhoun County
McDonald on Deans List at Navarro College 1975
Willie Mc Donald of Port Lavaca named to the 1975 Navarro College Deans List for the spring semester. Eligibility requires a 3.25 GPA or higher, no grade below C, and at least 15 semester hours of coursework.
MENTIONED IN THIS ARTICLE
Corsicana
Willie McDonald
Port Lavaca
Navarro College
Ways and Means pleased Wyatt with committee work
Rep Joe Wyatt Democrat Bloomington head of Ways and Means praises the 64th Legislature’s work. He highlights passage of bills on delinquent city sales taxes, excluding tips from sales price, use tax on metal dealer plates, taxing coin operated machines, tax administration aids, and the Omnibus Tax Reduction Bill with 2.7 million dollar revenue loss forecast. He notes exemptions for ships youth groups G I Forum and disabled veterans and solar energy incentives. The committee also advanced property tax reform and HB 1463 for a single countywide appraisal system and will continue tax structure analysis in the interim.
MENTIONED IN THIS ARTICLE
Austin
House Committee On Ways and Means
Joe Wyatt
Bloomington
Wyatt
G.i.forum
Texas
House
Cost reduction study ordered for Texas Highways department
A 90 day review will assess workloads and determine how many employees the Department of Highways and Public Transportation can reduce without harming operations. Engineer-Director Luther De Berry notes possible long range cuts up to 20 percent over two years, with staffing already down from 19,337 to 16,721 in five years and revenues lagging costs. The study, led by district engineers and division heads, will report position by position and finalize manpower needs by October 15.
MENTIONED IN THIS ARTICLE
DeBerry
Local Store Promotes Wide Range of Home and Wear Goods
A regional retailer advertises low prices across carpet vinyl bedding recliners and western wear. The notice highlights a private psychedelic dressing room offering a distinctive shopping experience.
A&M honors three locals from Port Lavaca area
Three Port Lavaca area students earned Distinguished Student rankings at Texas A&M University, per Registrar Robert A. Lacey. Andrew J. Hahn Jr., David D. Hahn, and Hubert A. Hermes are recognized for maintaining at least a 3.25 GPA, with the honor limited to the top 10 percent of undergraduates.
MENTIONED IN THIS ARTICLE
College Station
Port Lavaca
Texas A&m University
Robert A. Lacey
Andrew J. Hahn Jr
Andrew J. Hahn
David D. Hahn
William H. Hahn Sr
Hubert A. Hermes
Hubert A. Hermes Sr
Point Comfort
A&m
Also Mentioned on This Page
H.G. Jackson
First State Bank
Jackson
Business Mirror
Okun
White House
Soes
Auto Parts
Hi-Lo Auto Parts
Navarro Victoria
Sam Houston
McDonald
Ways and
Department of Highways
Highway Department
Reagan Houston
State Highway and Public Transportation Commission
Texas Floor Co
W. Main
Bob Blasingim
Lavacawave
CIA
Tral Investige
Seifs
Schweiker Kpa
Kennedy
Ative
United States
Ree L Cary
Matagorda Island
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