U S economy grows while inflation slows in mid 1971
The Commerce Department reported a 1.04 trillion seasonally adjusted GNP for April through June, driven by consumer spending, but inflation fell to 4.2 percent the lowest quarterly rate since 1968. Real growth was around 1.3 percent amid wage push concerns, as the Fed raised the discount rate from 4 to 5 percent to curb inflation.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Federal Reserve
Nixon
Treasury
John B. Connally
Arthur F. Burns
Bronze bust pleases Yorty but L A isn’t buying
Mayor Sam Yorty approves a bronze bust by Henry Van Wolf but Los Angeles Art Department rejects it for the upcoming Convention and Exhibition Center. City officials cite a greenish natural bronze look and a noncontracted artist, while a San Fernando Valley group had raised about 310,000 to purchase the bust.
MENTIONED IN THIS ARTICLE
L.A
Los Angeles
Sam Yorty
Henry van Wolf
van Wolf
San Fernando Valley
Opliger
Truck rams camper in crash kills two near Bakersfield
A fiery crash on Route 58 near Bakersfield left two people dead and six injured, when a camper being towed by a station wagon was struck from behind by a double truck trailer. Victims include Edward Blackwell 21 and Scheline Blackwell 16. One hospitalized survivor Ronnie Sigrest 17. The semi driver Richard Freeman 65 hospitalized. Separate note: Macedonia mayor William Frew Long 91 announces bid for another term.
MENTIONED IN THIS ARTICLE
Bakersfield
UPI
Here
Highway Patrol
Edward Blackwell
Scheline
Ronnie Sigrest
Bogalusa
Black‘well
Akron
Ohio
William Frew Long
Macedonia
Also Mentioned on This Page
U.S
Salgon
U.S. Command
American Forces Vietnam Network
Freda Favre
American Forces Radio and Television Service
Federal Reserve Board
Nixa
Gordon‘s
Gordon's Dry Gin Co, Ltd
Yorty
Okarvi
Dooley
Motorola
Quasar Il
A.F.T
Jonice All Pacts
Dooley’s Hardware Mart
Hig
Richard Freeman
Victorville
Baldwin
Baldwin Grand Pianos
Baldwin Organs
Baldwin, Cable
Billings & Sons
KEW
Compor
Walnut With Beach
IST Buys
Billings Barn
Wil
Atlantic Ave
Garson
THES
Long Beach
Tor Too Fresub
D.f.cc
Cdi
Seaht
Eas
Plam
Roy Perma If
Elis Wmyanene Ufo Spal Fa Veur Bengt On
CL Ae
Ree Eer
Discount Furniture Centers
Velvet
Wenge
Ples Bit Recliner
Bn Een
Froud Finiot Ubbck Meeante
Totaly Puff
Vrethana Fear
Giatt
Eestor Splandor
SPC
Anaheim
West
Lincoln
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