Profits dip while GNP fall slows, recession signals grow
U S Commerce data show corporate profits after tax down 2.4 percent in April June, while GNP declines 2.4 percent at an annual rate, less severe than earlier 3.3 percent estimate. Inflation eased slightly to 9.2 percent, but housing starts, industrial output, and auto production slumped amid rising interest rates.
MENTIONED IN THIS ARTICLE
Commerce Department
Richard Landry
U.S. Chamber of Commerce
Landry
Federal Reserve Board
Federal Reserve
Impasse reached in Herrin unit school contract talks
In Herrin Unit Four negotiations with the Herrin Education Association an impasse was declared over salaries and fringe benefits. A federal mediator will be brought in, with the next session to be set by the mediator. 175 teachers face the 1979-80 start August 27 with classes August 28.
MENTIONED IN THIS ARTICLE
Herrin
Board of Education
Gary Dooley
Herrin Education Association
Margie Harmon
HEA
Larry Bell
Uniserv
Marion
Dooley
William Clarida
Harmon
Zeigler-Royalton Teachers Reach Tentative Contract
Zeigler-Royalton Community Unit School District 188 teachers and board members reached a tentative contract for the coming school year on Thursday night. Teachers will vote on the agreement when they report to work next Wednesday, and the board plans action at the regular meeting August 27. No details of the deal were released.
MENTIONED IN THIS ARTICLE
Zeigler-Royalton Community Unit School District
Jay Williams
Weekend Weather Outlook From National Weather Service
Partly cloudy and warmer weather is forecast tonight with an overnight low in the upper 60s to lower 70s. Partly sunny and hot Saturday with a high in the low to mid 90s and a chance of thunderstorms. Sunday through Tuesday bring continued warm humid conditions with a chance of showers or thunderstorms and highs in the 80s, lows in the 60s.
MENTIONED IN THIS ARTICLE
National Weather Service
New Coal Mine Planned in Galatia Area
Kerr-McGee Oil Co announced plans to mine low-sulfur coal in northern Saline County near Galatia. Permits are sought to start by 1981, with 150 workers during construction and up to 700 employed at full operation. A 560-foot shaft will reach a vein projected to last about 30 years. Illinois Geological Survey cites sulfur content below state average.
MENTIONED IN THIS ARTICLE
Galatia
Kerr-McGee Oil Co
Saline County
Illinois Geological Survey
Jack Simon
Pageant talks progress in McNeill settlement talks
Settlement negotiations with the Miss Illinois pageant over Shanna McNeill proceed well as officials meet to resolve disputes over emotional stability prizes and fairness. McNeill, 20, will not compete in Miss America due to arm injuries from August and seeks resolution to protect her good name and scholarship.
MENTIONED IN THIS ARTICLE
Illinois
Shanna McNeill
Carterville
Richard Horwitz
Aurora
Horwitz
Richard Schiller
Miss McNeill
Elizabeth Russell
Pekin
Atlantic City
Schiller
Arship
Morrises
U S drops Tongsun Park Indictment in Koreagate Case
The 36 count indictment against Korean rice dealer Tongsun Park was dismissed by Judge June Green after a plea from Justice Department aide and a pledge to close cases not prosecutable. Park had testified under immunity in a probe that linked him to 31 lawmakers and $850,000 in alleged contributions.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
U.S
June Green
Tongsun Park
Park
Benjamin R. Civiletti
Civiletti
Congress
Griffin Bell
A Department Law
Also Mentioned on This Page
Jason Eee
Allen
Peland
Fers
Sectinn
Ead
Joe Jines
Zeigler-Royalton
Carbondale
Carbondale High School District 165
Reid Martin
Martin
Ate
Jim Tarr
Carbondale Education Association
Tarr
Ann Landers
Pertion
Shanna
Pageant
Shanna Jean McNeill
Yer
Richard T. Hanna
Otto Passman
D-La
Passman
Hanna
Maxwell Air Force
Montgomery
Ala
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!