October index drop signals slower fourth quarter growth
The leading business indicators fell 0.5 percent in October marking a second straight monthly decline. Officials expect slower growth in Q4 around 6 to 7 percent after a 13.2 percent third quarter GNP surge, with mixed signals about a sustained downturn.
MENTIONED IN THIS ARTICLE
Andrew Nibley Washington
UPI
Commerce Department
Idaho workers see purchasing power drop despite tax relief
A Boise report by Steven Berry of the Idaho Department of Employment finds that even with lower state and federal income taxes the purchasing power of Idaho workers declined sharply. Using a $7,000 salary, the study notes Idaho consumers could buy only half as much in 1974 as in 1956, with wage gains barely offsetting inflation despite tax cuts.
MENTIONED IN THIS ARTICLE
Boise
Steven Berry
Idaho Department of Em
Idaho
Pound hits new low as dollar climbs on world markets
The pound opened at an all time low against the dollar in London as the dollar rose to seven week highs across Europe and Tokyo. Dealers cited strong U S trade figures and relief from New York City fears as supporting the dollar while the pound fluctuated around 2.02 dollars.
MENTIONED IN THIS ARTICLE
London
UPI
U.S
New York City
Zurich
Europe
Frankfurt
Paris
Brussels
Amsterdam
Milan
Tokyo
Bank of Japan
Bowles Locked in Idaho Penitentiary Maximum Cell Details
Idaho warden Richard Anderson says killer Carl Cletus Bowles spends 22 to 23 hours daily in a maximum security cell due to high escape risk. Bowles, serving three 25 year kidnapping sentences, faces life for murders in Oregon and Washington. He reads Idaho law books and requests code and newspapers, while exercising in a shared 20 by 200-foot walkway with others.
MENTIONED IN THIS ARTICLE
Boise
UPI
Carl Cletus Bowles
Idaho Penitentiary
Richard Anderson
Anderson
Bowles
Idaho
Oregon
Washington
Board of Correction
Fashions and Entertainment Benefit for Sandpoint Shelter
Idaho Beta Sigma Phi plans a 7 30 p m benefit at the Panida Theatre featuring 50 fashion models from The Four Seasons Myklebusts and footwear from The Bootery. Special acts include Phil Balch Patty Balch Mary Eginton Dave Evans and Lyn Evans. Proceeds aid the Bonner County Humane Society as it seeks land a building and funds for a Sandpoint animal shelter. Tickets for the Wednesday night event will be sold at the door.
MENTIONED IN THIS ARTICLE
Idaho Phi Omicron
Beta Sigma Phi
Bonner County
Phil Balch
Patty Balch
Mary Eginton
Dave Evans
Lyn Evans
Bonner County Humane Society
Sandpoint
Major Roads Icy Across Idaho With Travel Warnings
Snow and ice covered most major Idaho routes with chains advised for mountain passes. Icy spots and broken or snow covered stretches identified on U S 95 U S 12 and several state highways while fog and drifting conditions noted near the Utah and Wyoming lines.
MENTIONED IN THIS ARTICLE
Boise
UPI
Idaho
State Departments of Highway and Law Enforcement
U.S. 95
Weiser
Midvale Hill
New Meadows
Grangeville
Sandpoint
Bonners Ferry
Horseshoe Bend
Cascade
McCall
Canyon
Lookout Pass
U. S. 12
Lolo Pass
Idaho City
Lowman
Banner Summit
Stanley
Caldwell
Jerome
Cotterell
Utah Line
U. S
Cat Creek
Carey
Idaho Falls
Twin Falls
Nevada Line
Lost Trail Pass
Gras
Mere
Nevada
Liability Law Raised Sparks Idaho Debate
Twin Falls Idaho UPI County Assessor Ron Taylor urged legislators to enforce or repeal the liability insurance requirement for license plate purchase. He argued many drivers obtain insurance only to buy plates and then cancel, noting no enforcement to repossess plates when policies lapse.
MENTIONED IN THIS ARTICLE
Twin Falls
Idaho
UPI
Ron Taylor
Taylor
Nations offered capacity output of U S products
UPI reports that countries given understandings to buy American farm goods see no hard supply guarantees. An administration official says the main offer is a commitment to run U S farms at full capacity, helping buyers obtain needed goods in the open market. Bell notes this is not a signed guarantee but policy aimed at strong production and open-market prices to spur output.
MENTIONED IN THIS ARTICLE
Commerce
James L. Pate
Treasury
Bernard Brenner
UPI
Washington
Richard E Bell
United States
Japan
Komana
Israel
Bart Butz
Europe
Week
Bonner County Tax Office Schedules December Saturdays
Tax Collector announces three December Saturdays open for payments. Treasurer Alice M Nelson says hours are 9 am to noon on December 6 and 13, and 9 am to 5 pm on December 20. December 20 is the tax payment deadline.
MENTIONED IN THIS ARTICLE
Bonner County
Alice M Nelson
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Ibrary Devt
Loscow
Sandpoint Manor
Sandpoint Lions Club
Don Mitchell
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Butz
Bell
USA
Price Bell
Hope School
Marge Cooke Cooke