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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jun 06, 1975
Page
2
The May unemployment rate rose to 9.2 percent, a postwar high, while total employment increased by 320000 to 84.4 million and the labor force grew to 92.9 million. The diffusion index showed 54 percent of 172 industries gaining.
A hijacked helicopter landed in the Southern Michigan Prison yard in Jackson allowing one or two inmates to escape. The hijacker and escapees fled toward the Munich area before swapping to a getaway car. Authorities issued roadblocks and sought the fleeing trio with dogs and a state police helicopter.
Neighbors alerted by a drawn kitchen shade signaled trouble at the two story North Side residence of 79 year old widow Agnes Bookham. Police say intruders ransacked the house after cutting phone lines and binding the victim.
The House backed a bill to raise local shares of Illinois income tax receipts from 8 percent to about 10 percent, boosting city and county funding from roughly 133 million to 166 million dollars annually. The measure, opposed by some who warn cuts to state funds may raise taxes, moves to the Senate for action.
Legislation notes show lawmakers studying grand jury changes and Gov Walker seeking 2 million in road bonds. Totten backs a state tax cap while a House approved trade zone faces House passage. An amendment requiring primary voters to be party members for 28 days was added to a different bill. Senate sponsor Sen Philip Rock backed it 7 to 5, bill awaits committee action next week.
New York based First National City Bank reduced its prime lending rate from 7 percent to 6 percent, the lowest in the industry in over two years, effective Monday per its money rate adjustment formula.
The forecast calls for a fair to sunny weekend with highs in the lower 80s and lows in the upper 50s to mid 60s. Expect increasing clouds and a shower risk by Tuesday as temperatures remain near normal with small daily changes.
State officials announced May unemployment dropped to 7.7 percent from 8.2 percent in April with about 383000 jobless. Chicago area rate eased to 8.0 percent with 254000 unemployed in six counties, while Rockford improved from 14.7 to 11.2 percent. Decatur rose to 10.3 percent and Champaign Urbana to 4.5 from April readings. East St. Louis fell to 10.6 percent.
Producers and exporters from Mexico Honduras Guatemala Nicaragua Costa Rica and El Salvador demand a minimum world price of 65 dollars per 100 pound bag, a 62 percent rise from the 40 dollar current level, threatening to withhold exports if Paris London conference rejects the plan. The move aims to boost supply costs for the mild coffee that accounts for about 40 percent of world production and sees strong support from observers.
The Associated Press notes that U S consumers are loosening spending after a year of caution. Retail and auto sales rise though still near long-term lows, equipment spending grows, and tax rebates boost demand while inflation cools and confidence improves. Dr Elsie Watters calls the rebate icing on the cake.
U S Labor official Barbara Wald told the first national convention on Work and the College Student in Carbondale that occupational segregation keeps women in low pay, low skill roles. She noted 36.5 million women in the workforce, 40 percent, with 80 percent of clerical work done by women and only 19 percent of managers female.
Senator Frank Church of Idaho says CIA assassination plots were sometimes more than plans and that the agency may have been indirectly involved in killings. Ford backs Rockefeller commission findings on domestic spying and privacy, while Church hints at Trujillo case details to come.
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