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Newspaper
Terre Haute Tribune
Location
Terre Haute, Indiana, United States of America
Date
Jun 18, 1973
Page
12
Economists in New York focus on signs of weakness as May industrial output slows, housing declines for three months, and retail sales ease. The upturn may be amplified by current strong buying but could shift later to a softer demand cycle.
Volkswagen of America plans over 100 million dollars in 1973 purchases in the United States for raw materials machinery spare parts and after market accessories. More than 25 North American items from 20 suppliers feed VW production with a seven point eight million dollar magnesium purchase from Dow Chemical for use in factories in Brazil and Mexico. Expenditures are rising with production and parts from Jim Robbins Co. Motorola and Swedish Crucible among others.
Washington security guard Frank Wills who discovered the Watergate break in was in Chicago on the break-in anniversary to be honored by a local black ministers group. His publicity handler Dorsey Evans says Wills aims to become a public figure like Mark Spitz with TV commercials Hollywood possible film roles and even a Frank Wills Detective Agency. Wills earned $85 weekly as of now.
Argus Monthly says short term credit signals rising prices rather than a recession as inflation accelerates worldwide. Edie & Co notes high abroad rates and skewed yield curves while inventories still buffer confidence. Blyth Eastman Dillon foresees possible slow growth without recession and potential long expansion due to price controls. Textile Apparel Analysis cites peak cotton prices later this year and shrinking domestic consumption as mills shift from cotton to blends.
Indiana hog market shows higher demand with 200 to 320 lb hogs trading near 39 to 40.50 per cwt and sows up 25 to 50 cents. Cattle and calves strong with steers 46.50 to 48.00, heifers 44.75 to 46.00, cows 29 to 35. The Chicago grain roundup reports corn soybeans and wheat higher with modest egg and cheese price notes from Chicago markets.
Dr. Sidney J. Adler links consistent age-inappropriate behavior in children to hyperactivity and learning disabilities. He notes symptoms include sleep disturbance irritability and short attention span and says early diagnosis and special education can help prevent failure syndrome and later delinquency.
George J. Marder reports a Washington discussion, mainly among Democrats, on Nixon and Agnew resigning to form a coalition government. Proponents argue it ends paralysis and avoids impeachment, while opponents insist removal must follow constitutional processes and impeachment remains the proper path. The debate notes limits and risks of a non elective coalition and underscores the lack of voter mandate.
A Sunday morning blaze on the Frank Garland farm north of the West Union covered bridge destroyed a barn and four pieces of equipment including a corn hiker hay mower disc and manure spreader along with hay. Montezuma Rockville and Bloomingdale fire crews fought the fire which started about 1 a.m. Lighting was blamed.
Col. Alejandro Remon 60 Panamas consul general in New York and president of the Foreign Councils Association died Sunday. He also served as an alternate Panamanian ambassador to the United Nations.
Cleveland AP reports Industry Week warns diesel fuel cutbacks for trucks and locomotives threaten steel outflow from U S mills. Some terminals lack diesel while railroads face sizable allotment cuts. demand remains high and inventories risky as production strains persist.
A review notes Milton Goldstein's Yosemite book with 60 color photos and Life magazine Israel special issue as examples of photojournalism revival. It also profiles A.C. Vroman, pioneer Indian photography, and parallels between personal loss and artistic rebirth, with context on publishers and exhibitions.
Sullivan County seniors Belinda Reynolds Larry Overton and Randall Phegley part of ISU summer honors seminars for high achieving students. Birth announcements include Mervin Snapp daughter and Marvin Riley son at local hospitals. Also noted are local visitors and Hoosier Boys State delegates from Sullivan County and the Star of India sailing vessel.
Multiple notices invite sealed bids for property disposal and public works in Vigo County. Items include freight for Lovelace Truck Service and a 1973 Chevrolet van, with bid references NEI07 and NE105. Public bids open June 22 at Goodwill Industries. Additional notices solicit proposals for the Girls Dormitory alterations at Glenn Home with June 25 bid deadline.
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