Jobs hit record high in May as inflation signals ease
The Labor Department reported 87.7 million Americans employed in May, a record high, with unemployment at 7.3 percent. Wholesale prices rose 0.3 percent, about half April’s rate, aided by auto and home building price cuts. Ford hailed the data as encouraging for his anti inflation program and looming primary races. The reports suggest inflation and unemployment may fall further than early 1976 estimates, marking eight straight months without unemployment rise and a 4th consecutive monthly job peak.
MENTIONED IN THIS ARTICLE
Sara Fritz Washington
UPI
Labor Department
Department
Ford
Ronald Reagan
White House
Juan Carlos
Spain
Fire erupts in Furniture Barn complex on Division Street
Three alarm blaze reported early this afternoon at the Furniture Barn at Division and N State. Firefighters fought through a one story garage attached to a three story warehouse and sales building, with heavy smoke drifting across Route 81. No injuries reported among workers. arson squad investigated a smoldering jacket found near Clinton Street bridge. Fire under control within thirty minutes.
MENTIONED IN THIS ARTICLE
Furniture Barn
North State Street
Division and
N. State Streets
John Corbett
Corbett
Clinton Street
Thomas Hanlon
Userphoto
Texaco rationing gas, Central New York stations told
Texaco Oil Corp restricts local service stations to an allocation for June. Dealers will receive 100 percent of their 1972 volume, implying sharp shortages and potential price hikes. Operators cite past shortages and foresee price increases through July 4 weekend as oil firms follow Texaco’s lead.
MENTIONED IN THIS ARTICLE
Texaco Oil Corp
Bob Kelly
Central
New York
Kelly
Texaco
Federal Energy Administration
SU Seizes Finals Presence With All Eight Boats Qualified
For the first time since 1987 Syracuse University will have all three eight oared shells in IRA Regatta finals. SU qualified its varsity and junior varsity eights on Onondaga Lake, finishing runners up to California’s varsity and third to Cal’s JV in repechage. Four of five boats today qualified for the JVs, and SU also won the frosh fours with coxswain. Tomorrow’s finals start at 1:30 p.m.
MENTIONED IN THIS ARTICLE
Syracuse University
Onondaga Lake
California
Cal
Penn
Wisconsin
Orange
Head on crash kills two truckers in Brash er Falls
Two Tennessee men died in a high speed head on collision near Brash er Falls on Route 11. The tractor trailer left the road, struck trees, and crushed the occupants while rescue crews cut through metal to reach them. The rig belonged to Wesley Daniel Hunter Co. of Cleveland Tennessee.
MENTIONED IN THIS ARTICLE
Brasher Falls
Tennessee
Route 11
St. Lawrence County
Kevin Chevrier
John Raleigh
Massena State
Wesley Daniel Hunter Co
Cleveland
Weekend Regatta Draws Crowds Under Sunny Onondaga Skies
Forecasters from the National Weather Service at Hancock Airport predict sunny conditions for Saturday with a high near 75 and clear skies tonight with a low around 50. Regatta events at Onondaga Lake are set for a lively weekend with similar Sunday weather and mild temperatures.
MENTIONED IN THIS ARTICLE
National Weather Service
Hancock
Onondaga Lake
Cunningham pleads innocent to DWI charge in Nassau court
Patrick Cunningham, former state Democratic chairman, pleaded not guilty to a driving while impaired by alcohol charge in Nassau County District Court. He was stopped on the Long Island Expressway near Jericho while en route to his Southampton summer home in the pre dawn hours.
MENTIONED IN THIS ARTICLE
Mineola
Patrick Cunningham
Cunningham
Nassau County District Court
Long Island
Jericho
Southampton
NYC Budget Cut Demanded by Control Board
New York City faces a three year budget shortfall as the Emergency Financial Control Board concludes the plan cannot balance the books and orders Mayor Abraham D Beame to implement 15 million dollars in immediate further cuts.
MENTIONED IN THIS ARTICLE
New York
Emergency Financial Control Board
New York City
Abraham D. Beame
Con Ed seeks 10.4 percent electricity rate rise
Consolidated Edison asked the New York Public Service Commission for a 10.4 percent increase in electricity rates starting in May, seeking an extra 249.6 million dollars in annual revenue.
MENTIONED IN THIS ARTICLE
NEW York
Consolidated Edison Today
State Public Service Commission
Air Manila crash in Guam claims 46 lives
An Air Manila Lockheed Electra crashed on takeoff from Guam International Airport killing all 45 aboard plus a ground worker. The wreckage caught fire near the runway as witnesses described a crash landing after refueling stop. Officials released victim lists after notifying families. Marines secured the site and rescue teams retrieved bodies. A separate Soviet jetliner missing since Tuesday was reported to have crashed near Malabo with no survivors.
MENTIONED IN THIS ARTICLE
Agana
Guam
Air Manila
Guam International
Manila
Wake Island
Cleothas Cox
Federal Aviation Administration
U.S
Jung Lee Park
Navy
West Africa
Malabo
Equatorial Guinea
Babcock Jail Term Set Aside in Nixon Fund Case
Former Montana governor Tim M. Babcock had his four month jail term set aside while the $1,000 fine for illegally hiding the origin of a $54,000 Nixon campaign contribution was upheld. Judge George L. Hart Jr. called it “a terrible miscarriage of justice” for Babcock to go to jail and noted Armand Hammer, the donor, received a year of probation.
MENTIONED IN THIS ARTICLE
Washington
Tim M. Babcock
Montana
Nixon
Babcock
U.S
George L. Hart Jr
Armand Hammer
Ganley launches new weekly and daily column run
Veteran Syracuse journalist Joe Ganley begins a sparking new column to appear Sundays in Stars Magazine and weekdays in the Herald Journal. The feature will focus on people and lives in the tradition of Joe Beamish and Bro Roth, who cannot continue due to illness.
MENTIONED IN THIS ARTICLE
Joe Ganley
Syracuse
Halls of Congress
Stars Magazine
Herald- Journal
Joe
Joe Beamish
Bro Roth
Herald-American
Also Mentioned on This Page
Eugene Whelan
Parliament Hill
Ottawa
Quebec
North Side Blaze
City Fire Control
ConRail
Hudson River
Weehawken
N.J
Hudson
Bergen County
Nyc
Heeees
Eeedeeeee
Sylvia Porter
Sportvidagene
Atlas
Earl Wilson
Tye
Today's Pictures
Ganley
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