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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Feb 01, 1974
Page
1
A 26 story Sao Paulo bank building burned trapping at least 60 people on upper floors. Dozens jumped or fled as flames roared through Creftful Investment Bank offices. Helicopters could not land for two hours, finally airlifting survivors from the roof. Remaining occupants waited on balconies as firemen fought the blaze.
Be and Aictionfine out 452 3451 ACTION LINE offers service solving problems and cutting red tape. To get action write ACTION LINE Box 236 Long Beach California 90844 or dial 432 3451 between 9 am and 9 pm Monday through Friday. Do not send original documents you wish returned.
Dr Michael Jacobson of the Center for Science in the Public Interest says cereals often contain refined flour and high sugar, despite package claims. Consumers should check for whole grain and low sugar, and the group plans to petition the FDA for action.
Phnom Penh dispatch reports four CAMBODIAN Air Force T28 fighter bombers flew over Lon Nol’s Chamkar Mon palace seeking permission for a bombing mission near the capital before anti aircraft gunners drove them off and the planes disappeared. Reporter Pat Sun notes the incident followed an approach to Pochentong Airport for approval.
The Assembly has approved a bill legalizing a state lottery signaling a major shift in state gaming policy. Details on implementation, funding and potential locations are pending further discussion and public input. Citizens are advised to watch pages A-3 and C-15 for updates.
Washington reports January unemployment rising to 5.2 percent, the largest monthly jump in four years, with 226,400 jobless in Los Angeles area and 4.7 million nationwide. Shortages of gasoline and petroleum products blamed. aviation, auto, and recreation sectors hit. Officials caution fuel shortage may worsen job outlook.
President Nixon warns Americans face rising prices and higher unemployment until the economy improves midyear. The Council of Economic Advisers projects 1974 price inflation of about 1 percent and 1 percent growth, with jobless average around 5.5 percent, near 6 percent in early 1974. Nixon stresses patience and says Americans are wealthier than prior generations despite inflation. In California, the Franchise Tax Board updates residency status discussions for the President, with possible further determinations on state tax obligations and California-source income.
Dozens of independent California truck drivers joined a nationwide protest by driving rigs into four Los Angeles area fuel depots and blockading pumps. The action halted fuel sales at the stations and was described as the first successful Southern California protest of government fuel allocation policies.
Southland service stations Union Mobil and Arco announce price increases up to 4 cents a gallon effective immediately. Mobil and Union raise 3 cents, Atlantic Richfield raises wholesale prices, fueled by crude cost rises. Simultaneous boosts by Sohio and BP, with diesel and home heating fuel adjustments.
Four seasick hijackers hold three hostages aboard the ferry Laju after failing fuel resupply, as negotiations stall. They demand the Japanese ambassador trade himself for the Singaporeans and seek a plane to the Middle East while tides push the vessel toward Indonesia. A government official notes Tokichiro Uomoto will not trade. The ship drifts near other vessels as fatigue grows and the hijackers press for an end to the incident by morning.
A predawn earthquake in Izmir damaged buildings and spread panic in the port city population around one million. Police report two deaths and 36 injuries, five critical, with cars and structures struck and residents sleeping outside after a six second tremor.
Weather update shows in the L B area cloudy conditions with decreasing clouds by Saturday and temps from 45 to 66. Mountains report cloudy with gusts up to 35 mph, lows near 24 and highs around 58. Deserts expect cloudy skies, mostly fair Saturday with a low of 25 and a high near 72.
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