21 Jan 1975
Page 1
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Newspaper
Ukiah Daily Journal
Location
Ukiah, California, United States of America
Date
Jan 21, 1975
Page
1
The county total unemployment sits at 18.3 percent as wood products slowdowns in construction push declines. Annual data show 750 fewer jobs and 1,325 more jobseekers to 4,075, with retail and trade unusually low last year due to a trade dispute. agricultural activity is expected to rise as pruning peaks.
FBI Director Clarence Kelley testifies to a House Judiciary subcommittee that FBI files on congressmen exist but are used only for investigations or background checks and never to influence legislators. The hearing set for January 30 includes Saxbe and others as witnesses as lawmakers demand clarity on domestic intelligence gathering.
The December consumer price index rose 0.7 percent, the lowest in five months, with food price increases as a main driver. The Federal Reserve cut reserve requirements by 0.5 to 1 percentage point, aiming to boost bank liquidity and foster cheaper credit for business expansion. Purchasing power for nonfarm workers rose 0.4 percent in December but fell 5.4 percent for the year.
California Controller Kenneth Cory testified before a Senate subcommittee that a few oil companies controlled supply and prices in California, costing the state and its citizens about 118 million dollars in recent years. He said illegal manipulation of crude prices and restricted refinery capacity kept prices high and slowed production expansion, urging federal action against antitrust violations.
A Redwood Valley resident was severely burned when a gasoline fed fireplace exploded at the Robert McRee home on Pinecrest Drive. The fire caused moderate damage to the house and the victim was hospitalized for burns covering about nine percent of his body.
The morning outflow from Coyote dam rose to ten feet per second to reduce lake levels. Lake Mendocino now sits at 729 feet versus the 746 feet conservation pool, with authorities monitoring further changes.
The RRLC and Redwood Region Logging Conference present a public event titled A Logger's Holiday at the 12th District Fairgrounds on Feb 1. Organized by the California Lumberjack Association, the day offers eight contests from 10 a.m. with entries due by 9 a.m. Carl Clark chairman notes prize details and entry forms are available from ARLC in Trventa and from Mirer One in Geable Bend, Redding.
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