Inflation Eases but 1975 Still Highest Since 1972
December price increases lift the yearly inflation to 7 percent, the best in three years. Labor Department data show paychecks held steady month to month but up 3.8 percent for the year due to tax cuts. Food costs rose 6.5 percent in 1975 while nonfood goods up 6.2 percent and services 8.1 percent.
MENTIONED IN THIS ARTICLE
Washington
Ford Administration
Labor Department
Chrysler
Panel orders subpoenas on two big banks reports
A House subcommittee voted 6 to 1 to subpoena regulatory reports on Citibank and Chase Manhattan, after the comptroller of the currency refused to disclose them in a closed session. The aim is to scrutinize bank supervision amid concerns of secrecy and risk growth. The full committee meets to decide next.
MENTIONED IN THIS ARTICLE
Washington
House
Panel On Monetary Affairs
First National City
Citibank
Chase Manhattan
Comptroller of the Currency
Benjamin S. Rosenthal
D-N.y
Chase
Robert Bloom
Bloom
Chase and
Rosenthal
Brezhnev Kissinger Begin Nuclear Talks in Kremlin
In Moscow Brezhnev and Kissinger opened negotiations aiming to limit strategic arms after Angola tensions. Both leaders signaled a cautious path toward a framework with months of technical work to follow in Geneva.
MENTIONED IN THIS ARTICLE
Moscow
Leonid I. Brezhnev
Kremlin
Henry A. Kissinger
Washington
Communist Party
Brezhnev
Kissinger
Angola
Soviet Union
Cuba
United States
South Africa
U.S
Europe
Ford
Geneva
Andrei A. Gromyko
Gromyko
Leonid Brezhnev
Henry Kissinger
West to Hear Verdict on Charges in Omaha Trial
Frank R. West head of American Beef Packers faced a federal court verdict reading on mail and wire fraud charges connected to a 105 count indictment with top aide Robert E. Lee. The case centers on diverting accounts receivable from GECC, with alleged schemes totaling several million dollars during ABP’s attempted reorganization.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Frank R. West
U.S. Dist
Robert V. Denney
West
American Beef Packers, Inc
Robert E. Lee
American Beef Packers
Beefland International
West and Lee
ABP
GECC
Weather summary and ski race note from Vail Colorado
The bulletin reports cold, partly clearing conditions in the Northern Valley with tonight’s lows in the upper teens to low 20s and a breezy, colder Thursday. It records temperatures, rainfall, and historical climate data, then notes Susan Ford’s amateur ski race at Vail ending with a photo finish loss by one hundredth of a second.
MENTIONED IN THIS ARTICLE
Vail
Colo
Ford
Susan
Miss Ford
Denver
Residents sue over Kepone pollution along James River
A group of 120 James River dependent workers filed a $2.7 million federal suit in Richmond against Life Science Products Inc. Allied Chemical Hooker Chemicals Plastics Corp and William P. Moore. They accuse the defendants of repeated willful polluting contaminating the river and its tributaries with Kepone.
MENTIONED IN THIS ARTICLE
Richmond, Va
James River
U.S
Life Science Products Co., Inc
Allied Chemical Corp. Hooker Chemicals Plastics Corp
William P. Moore
Edinburg defies postal fee plan by delivering bills
The Edinburg Town Council, opposing a 13 cent letter charge, votes unanimously to hire former Mayor Peter Craig to hand deliver water and sewer bills at 62 cents per letter. Officials warn the post office will be notified and no bills will go into mailboxes.
MENTIONED IN THIS ARTICLE
Edinburg
U .S. Postal Service
Shenandoah
Peter Craig
Jacket Missing from MacArthur Memorial in Norfolk
Officials say no employees are suspected after a $350 leather flight jacket worn by General MacArthur disappears at the memorial in Norfolk Virginia. Capt. Robert Alexander, memorial director, notes a tourist found the loss and that MacArthur’s name on the jacket suggests theft by an outsider.
MENTIONED IN THIS ARTICLE
Norfolk
Douglas MacArthur
Robert Alexander
Alexander
MacArthur
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N.Y. Banks
Robert Redford
Provo
Utah
Provo Canyon
Redford
Sundance Ski Resort
Ken Patten
Wasatch County
Hayakawa
Senate
Sacramento
Calif
S.I. Hayakawa
San Francisco State College
U.S. Senate
John V. Tunney Hayakawa
Middle East
Center
Funeral Home
Amherst St
Pearl E. Hudson
Omps Funeral Home, Inc
Mount Hebron Cemetery
M Membra
S OF the Golden Fue
Smalts Florists, Inc
Bernard F. Groves
Braddock
Winchester
Mr. Ralph Junior Payne
Aariouai
City of
Rexue
Concern Front Royal Fire Rescue Sqd
State Police
Wine
Front Royal Hospital
Frederick County
Middletown
Clarke County
General Electric Credit Corp., of
Stamford, Conn
Denney
Lee
Beefland
Star
Dart Drug
Delco
National Weather Service
NOAA
U.S. Dept. of Commerce
Associated Press
Ohio
Virginia
Susan Ford
Watermen
Postal Service
Henry Block
Loudoun Winchester