U S Trade Deficit Reaches Historic November High
The United States posted its largest monthly trade deficit on record in November 1976 with imports exceeding exports by 905 million dollars. The year 1976 is expected to be the second largest annual deficit, driven by higher petroleum prices and weak foreign demand, while exports fell and food shipments declined.
MENTIONED IN THIS ARTICLE
Washington
United States
U.S
Gimports
Commerce Department
Maynard Comiez
Department
Comiez
Comtez
Ruling delayed on Bankers Trust removal case
U S District Judge Harold Cox postponed a decision on removing Bankers Trust Co liquidation from state courts. Stockholders seek federal jurisdiction hoping to recover 4.5 million in contributed withdrawable capital to revive the parent firm. Receiver Nichols opposes, and further testimony and input from state conservator Robert Warren are requested before resuming Wednesday.
MENTIONED IN THIS ARTICLE
Robert G. Nichols Jr
Luke Dove
Jackson
Cox
Dove
Kenneth Warren
Nichols
Robert Warren
Bankers Trust Savings and Loan
Warren
Charles A. Carter
Bankers Trust Co. Board
Public hearings on MCTA transit funding and charter amendment
Gulf Coast residents may comment at two MCTA public hearings in Gulfport on January 22 and 24. One hearing covers a UMTA subsidy request of 153,442 to cover operating losses for 1975-76, the other seeks authority to establish charter service into New Orleans and Mobile. Additional subsidies for capital equipment total 113,000 for 1975 and 165,000 for 1976, with UMTA matching 80 percent of capital costs and local funds 20 percent.
MENTIONED IN THIS ARTICLE
Gulf Coast
Mississippi Coast Transportation Authority
MCTA
Federal Urban Mass Transportation Agency
UMTA
New Orleans
Mobile
DeBuys Rd
Gulfport
Mike Kelly
Gulf Coast Transportation Agency
Kelly
Tax cut looms as part of Carter recovery plan
President elect Carter said a tax cut is a likely prospect to help the economy but remains second to a work opportunity program. He pledged a partnership with New York leaders and urged accountability from Cabinet appointees. Califano, Brown and Bell outlined priorities amid budget and welfare concerns.
MENTIONED IN THIS ARTICLE
ST. Simon's Island
Carter
Congress
Ity
New York
Hugh Carey
Abraham Beame
Joseph A. Califano Jr
Health, Education and Welfare
Califano
Harold Brown
Defense
Also Mentioned on This Page
Biloxi Beach
Robert Golden
Glenn J. Adamek
Metropolitan Beach
Mt. Clemens
Mich
Golden
Adamek
Bankers Trust Jurisdiction
Savings and Loan
Hinds County Chancery Court
Bernard Chill
By Alice Jackson
Pentagon
Brown
Griffin Bell
Margaret Mead
Michael Bilandic
Chicago
Paris
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