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Winchester Evening Star in Winchester, Virginia

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Newspaper

Winchester Evening Star

Location

Winchester, Virginia, United States of America

Date

May 05, 1975

Page

6

Simon Sees Jobless Rate Near Peak in Current Recession

Washington AP Treasury Secretary William E. Simon termed the 8.9 percent unemployment near the high point of the present recession. He noted April’s figures show unemployment rose 0.2 percent while the labor force grew, and predicted lower oil prices by decade’s end amidst shifting oil reserves and IMF gains in industrialized nations. Exxon tops Fortune 500, displacing GM, with Exxon posting 42.1 billion in 1974 sales while GM had 31.5 billion. The Conference Board warns five-year stagnation could cost up to 350 billion in lost output, with deficits potentially rising if unemployment exceeds 9 percent but deflation easing inflation fears.

CBS Simon International Monetary Fund Iran Algeria Indonesia IMF Saudi Arabia Exxon Corp General Motors Corp Fortune Magazine Fortune Exxon Conference Board Ford Administration United States

Consolidated Report of Condition for Commercial and Savings Bank Winchester VA

The document presents a consolidated report of condition for The Commercial and Savings Bank of Winchester Virginia and domestic subsidiaries as of April 16 1975 filed with The State Corporation Commission. It lists assets including cash U S Treasury securities and loans and shows liabilities with various deposit categories and total liabilities and deposits figures along with two memoranda averages for deposits and loans over the 15 calendar days ending with the call date.

State Bank NO Commercial and Savings Bank of Winchester Virginia State Corporation Commission U.S. Treasury U.S United States Harold D. Patton Samuel N. Whitacre C. L. Riley Fred H. Scott State of Virginia Frederick Antoinette Marino National Bank Farmers & Merchants National Bank of S—S National Bank Region Shenandoah Valley National Bank Stephens City Federal Reserve System Federal Financing Bank United

Hamster outbreak blamed for flu like disease in 1973

AP reports pet hamsters linked to a 1973 lym phocytic choriomeningitis outbreak in upstate New York and across six other states. Fifty seven New Yorkers, including 19 in Rochester, had the illness after hamster contact. Up to 4,000 cases nationwide may have occurred.

Chicago New York Rochester United States

Also Mentioned on This Page

Washington Treasury William E. Simon David Smith Mike Luby Internal Revenue Service H. Robert Edwards WM. Feltner W.M. Feltner W.H. West, Jr Ray Robinson J.T. Kremer George A. Froom George A. Room Albert W. Loring Claude B Smalts, Jr C. W. Huntsberry Stephen M. Rosenberger Bank of Frederick County Ronald F. Miller Noa Hone AXE Rlone F.d.1.c Winchester-Frederick County
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