Leading business index edges up signaling partial recovery
The Commerce Department reported March gain for the leading indicators index rising six tenths of a percent to 119.8, marking the fifth straight monthly increase. Four of eight indicators increased while three fell and one stayed the same, with manufacturing workweeks and stock prices rising the most and contracts and orders dropping. Initial unemployment claims fell 4.7 percent and housing permits rose 3.5 percent.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Harold C. Passer
Commerce Secretary
Top ranking firms post big profit gains in 1974 first quarter
U S corporations led by General Motors and Bethlehem Steel reported strong first quarter profits as the economy renewed strength. Dow Jones rose to 904.37 March 31. Chrysler, U S Steel, Standard Oil and Mobil Oil posted sizable gains while Kodak and RCA showed declines. IBM lifted earnings to 250.81 million from 230.26 million. Ling-Tomeo-Vought returned to profit after a loss a year earlier.
MENTIONED IN THIS ARTICLE
New York
U.S
General Motors Corp
Tord Motor CO
Chrysler
Wao. 1
U.S. Steel Corp
Eastman Kodak Co
RCA Corp
Columbia Broadcasting System
International «Y Business Machines Corp
Ling - Tomeo - Vought
California assembly advances environmental and civic reform measures
The Sacramento report notes Associated Press coverage of California measures. The Assembly approves constitutional amendments to protect natural resources and state beauty, sets jury service age, and advances varied bills on schools, agriculture, narcotics penalties, forestry rules, military incentives, peace initiatives, bilingual study, and arts funding in a broad legislative agenda.
MENTIONED IN THIS ARTICLE
Associated Press
Reagan
California Ecology Cores
Assembly Constinutional Aimendment
Aca
Zerg
Sacramento
Marron
Los Angeles
Alex Teave
Helliater
Dian
Echalarahipe
Hocid
Marcotics
Peade
D. Gakland
Napa
Bunton
Burton
San Francisco
Senate
D-Storkion
Revolution
Uliites Commission
Alaulet
O-San Jose
Ina Artes
Alquist
Journalist Luce Ordered Out of Vietnam Before May 15
SAIGON American journalist Don Luce who exposed the Con Son prison cage said South Vietnam ordered him to leave for special reasons as his visa expires May 15. Luce, 36, plans to depart May 9 and reach Washington May 13 to testify before the Senate Foreign Relations Committee. He heads a postwar economic study for the World Council of Churches and had his press credentials revoked last November.
MENTIONED IN THIS ARTICLE
Saigon
Don Luce
Con Son
Luce
Vietnam
U.S
East
Cassi
South Vietnam
World Council of Churches
World Council
Washington
Senate Foreign Relations Committee
Reagan presses CRLA probe and calls for commission resignations
A San Francisco federal probe into California Rural Legal Assistance heatedly debated the commission’s conduct after Gov. Reagan urged resignations. The Telegram transcript showed official approval of testimony shaping a record, while CRLA’s duration of funding and field hearings drew protests from the Farm Bureau.
MENTIONED IN THIS ARTICLE
San Francisco
California
Reagan
Sacramento
CRLA
Frank Carlucci
Office of Economic Opportunity
California Farm Bureau
Commission
Farm Bureau
Allan Grant
Grant
Cesar Chavez
United Farm Workers Organizing Committee
Accident kills admiral's wife in Mojave region crash
Rear Adm. Robert W. McNitt's wife Barbara McNitt, 46, died when the car and trailer she was in overturned during high winds. McNitt, a former Naval Postgraduate School superintendent, was injured along with his daughter Katherine, 4. Sons Robert, 12, and Douglas, 6, were unhurt. They were en route to Washington, D.C. for a new assignment. the family also included two injured.
MENTIONED IN THIS ARTICLE
Mojave
UPI
Robert W. McNitt
Washington, D.C
MacNitt
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Bethlehem Steel Corp
Standard Oil Co
New Jersey
Mobil Oil Corp
Standard OU Co
Indiana
Continental Oil Co
An. le
Lakewood
Carson St
Paramount Blvd
Legal Aid Probers
Robert B. Williamson
Lewis K. Unser
State Office of Economic Opportunity
Carlucci
Agency
Seattle
Newport
Ore
Vladimir Schokopro
Pogramewnik
Oregon
Coast Guard
Yaquina Bay
Fidelity Federal
Fidelity
Pansbook
Glendale
America
Fidelity ¢Yedeac Savings and Loan Association
Westcar Ave
Pega Park
San Pedro
Western Ave
Ocean Blvd
Long Beach
Chapmat
Stanton-Garden Grove
Beach Blvd
East Brow