27 Feb 1976
Page 1
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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Feb 27, 1976
Page
1
The Commerce Department reported January leading index rose 2.2 percent the biggest jump in six months surpassing the prior five months of stagnation. December's rise was revised to nine tenths of a percent from four tenths. The index has historically signaled turning points about three months ahead.
The latest report shows stronger growth driven by business investment. January's government index notes a 9.2 percent rise in stock volumes and a 13 percent jump in new plant and equipment orders. Commerce index signs align with a stronger outlook, as consumer spending remains robust and firms begin increasing capacity.
After the first robin, a spell of warm days prompts some to lower tops on convertibles while others rush to plant seeds. The light, early-spring mood shifts shopping and outdoor activity as neighbors inch toward gardening and sunlit outings.
Sources say the FBI ended most efforts to identify undercover Soviet and hostile intelligence operatives over the past decade. Programs including illicit radio source hunts and immigration record checks with Cyrillic handwriting traces were phased out by J Edgar Hoover in the late 1960s and early 1970s due to his reluctance to detail large numbers of agents.
Republican Ronald Reagan and Democrat Jimmy Carter plan speeches and appearances in Marion Illinois ahead of the March 16 primary. Carter visits March 10 at the Marion Civil Center after winning New Hampshire. Reagan schedules March 8 rally at Williamson County Airport and a March 9 breakfast in Marion with tickets $5.
The President's Council on Environmental Quality argues in its sixth annual energy report that oil produced from wells is less polluting than shale oil and liquids from coal. It calls for focusing research on improving oil recovery rather than developing unconventional sources.
The evening paper highlights a busy calendar from a rock concert to a Cub Scout banquet on page 21 and notes five Democratic legislators backing Michael J. Howlett on page 22 while reporting broader topics from a court-ordered post office reprieve to potential three days a week delivery. It also lists local politics and upcoming events across pages 2 to 13.
President Ford and the Agriculture Department outline a three step plan to reshape the federal food stamp program. Officials say the reforms would drop over five million recipients and cut benefits for another five million while expanding aid for about five million of the poorest families and adding 600,000 participants. Current rolls total about 18.8 to 19 million people at a $5.5 billion yearly cost.
CDC reports 875 deaths from influenza and pneumonia in the week ending February 21 across 121 major U S cities. Most fatalities occurred in New England and the middle Atlantic states with higher Western mortality contributing to the epidemic threshold.
An informal survey of area station managers shows prices easing by a few cents as dealers cut local rates to compete. Carl Baker and Grover Franklin cite a price war, while John Armstrong notes cheaper domestic crude helping the trend. Unleaded price differences and interstate variance are discussed as stations adjust to market pressure.
Chicago AP reports Herb Hugo of Platts predicts a downward wholesale trend for fuel oil and gasoline in March with a sharp April shift. He says crude prices will decline in March and retail prices may show oddball movement before a gradual upward trend for 39 months begins in April.
A chart shows sample gasoline prices in Southern Illinois towns with estimates from six months ago. prices vary by location and brand, reflecting regional changes in fuel costs over time.
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