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Abilene Reporter-News from Abilene, Texas • 7

Location:
Abilene, Texas
Issue Date:
Page:
7
Extracted Article Text (OCR)

THE A3ILENE REPORTER-NEWS AMIaiiTmjit MocnMey 71977 BID FOR Employment Continues Rise FLIGHT TRAINING PROGRAM Texas State Technical Institute at James Connally Campus Waco Texas is now accepting Bids for a contractor to provide Flight Training Instruction Program for students from Sept 1977 thru Aug 1978 Includes furnishing aircraft Bid Opening date May 31 1977 2:00 PM Bldg 18-3 Bid Forms are available at Purchasing Office Bldg 32-10 wi kraskey Purchasing Agent institutional population was employed last month only four-tenths per cent below the all-time high reached in March 1971 The unemployment rate for adults dropped to per cent last month from 54 per cent The Jobless rate among oTpercc 7J per cent while the rate for persons heading families declined to 14 per cent from II percent However joblessness among teen-agers remained high even though it declined in April to 179 per cent from per cent level of November 1974 Despite the improvement Julius Shiskin commissioner of labor statistics told the Congressional Joint Economic Committee that unemployment "remains at an unprecedented high level for this stage of economic per cent in March The unemployment rate for I whites improved from to 13 per cent while the rate for blacks and other minorities dropped from 127 to 123 per cent The government also said I there was a slight reduction in the number of part-time work-1 ers Merkel Radio Station welcome news mr me ianer Changes Owners Name report of wholesale prices ris- report of whotaale prices MENSWEAR WASHINGTON (AF) The economy produced a half-mil-lloo new Jobs in April for the Kcond straight month and the nation'i unemployment rate feu to per cent its lowest level in 21 montha The Labor Department said Friday that the drop in the Jobless rate down from 7J per cent in March and the growth in employment was definitely" a sign of strong expansion in the economy following the weather-caused winter slowdown An April spurt of 548000 in employment pushed the gain for the last two months to more than one million and raised the total number of Americans with Jobs to a new milestone of 90 mUUoo the government said Employment has been Increasing at an average rate of M0000 persons a month since October The number of unemployed totaled 17 million last month a drop of 330000 from March The 7 per cent Jobless rate nice th the 97 will be added Christi Mid the old building is being remodeled and new equipment has been ordered Besides the Merkel station Christi and Coanell also own a new station in Copperas Cove which is now under construction CAR WASHER 500 OVER 175 PAIR! TTTTV mem ifmami 1178 1977 Smnti hft sf later VS MERKEL KWFA radio station in Merkel has two new owners and will soon have a new name Gaylon Christi and Ted Connell both of Killeen have bought the station from Harold Nichols of Oklahoma for 8100000 Christi hM moved to Merkel but Connell will remain in Killeen Christi Mid Friday that the Federal Communications Commission has approved the eall letters KBGG for the station effective June The station has a modern country format Christi said In addition the station hM applied for an FM frequency Christi Mid that he will be the manager of the station until May 25 when Meade Mitchell in moves here to be the manager Negotiations are under way with several news agencies to provide national and international news Christi said Also a local news department I 'V i Steel Company Raises Prices ust ONLY A i nv 1 js I a -Jg') ing at more than a 13 per cent annual rate President chief economic adviser Charles Schultxe said the sustained large IncreaMS in employment output and income during recent months portends certainly a very good second Both Schultxe and Maynard Comics the Commerce Department's deputy chief economist indicated further improvement in the jotdeu rate would probably be gradual The administration hopes to bring unemployment below 7 per cent by year end Comiex noted the unemployment rate had dropped by a full percentage point in the last five months and Mid think growth (in the economy) hM been that rapid to support such a continuing sharp decline" Joblessness hit 9 per cent in May of 1975 before beginning to drop The biggest growth in Jobs last mouth occurred in noo-agricultural payrolls led by manufacturing and construction The jobless rate for construction workers dropped by more than two percentage points to 12 per cent in April its lowest level in 29 months Economists regard the pick-up in construction as a sip the economy is growing Most of the decline in unemployment last month occurred as persons who lost their last Job found new wok The civilian labor force totaled 967 million in April an increase of 220000 The Labor Department said 57 per cent of the non- $385 TESCO 1024 WAUWT 677-5066 WE HAVE MADE A SPECIAL PURCHASE OF SLACKS FOR THIS SPRING-SUMMER PANT SALE WE HAVE A WIDE ASSORTMENT OF SOLID COLORS FANCY PATTERNS TO CHOOSE FROM THESE PANTS ARE US MADE IN FABRICS OF 100 POLYESTER AND POLYESTERCOTTON BLENDS MACHINE WASHABLE REG TO $2700 SIZES 32-42 IP 4 1 lmdifl Plante of Life-Gifts of Love Give your Mother the gift that keeps on giving with a plant from THE VINYARD 10 OFF on all Hanging Baskets FREE DELIVERY THE VINYARD South First at Mockingbird YOUR CHOICE tk-5 va fSJfcnk Diamdndshoppe 1111 No 12th 877-2771 646 PITTSBURGH (AP) Republic Steel I Friday in announcing long-expected price used in a wide range of consumer nods The federal Council on Wage ana Price Stability immediately called the boost and said it would in-vestatyven though it does not have the power to force Other major steel producers who have long complained of underpriced produets and rising costs Mid they were studying the increase all need said an official at one steel firm Republic the fourth-largest steelmaker said the price of flat-rolled products would go up an average of 99 per cent while the price of hotrolled and cold-finished carbon and alloy bar would be increased an average of IS per cent effective May 11 Flat-rolled steel is used mainly in auto bodies appliances and office furniture such as filing cabinets ana accounts for nearly half of the industry's shipments Bar products are used in machinery tools and forgings and make up about 16 per cent of the steel market "Rapidly rising costs make an increase at this time Imperative'7 sakl Republic President DeLancey A government spokesman said in Washington that the price council thinks the industry needs some relief this seems too Imported steel is selling in the United States for about ISO per ton less than domestic steel and can draw your own conclusions from he Mid But a steel industry analyst in New York said that the discount price was for different kinds of steel and that Japanese producers themselves recently snnnmuA average 9 per cent price hikes on flatndled products for which there good demand isn't much question that the companies need higher prices" said the analyst who asked not to be named 1962 everyone except US Steel has backed off modernisation plans because government pressure has not permitted the producers to get the higher prices necessary to tide them over the soft times in this cyclical industry If the companies are squeexed now they'll get host the long A RepubUe spokesman Hid the company notified appropriate in the Carter administration about the price move before it was announced publicly Meanwhile Armco Steel Corp and Universal Cyclops Specialty Steel announced increases averaging 9 per cent on stainless steel products Friday following the lead Monday of Allegheny-Ludlum Armco also produces flatroUed steel but the company did not disclose price action on that product line Republic's price hikes covering about 90 per cent of the products are expected to Increase mill revenues by 65 per eent The company said it estimates the price increase if matched by other major producers would increase the wholesale price index by less than twotenths of 1 per emit Republic's increase on flatroUed steel works out to about 2S per ton Once about 1M tons of steel goes into the average automobile the increase to car manufacturers would be about 840 A ton of flat-rolled steel sells for about 8400 now An industry source estimated the pice increase would boost the price of steel used in a major appliance about 85 to 810 KTXS KMOM Sale Rumors Called Untrue 3811 North Flnt Street Abilene Texae 79603 915677-6637 WMGND I A MOTHER'S MV Fabulous Value Exquisite DIAMOND Earrings Your choice of styles 14 Kt Gold FROM FRIENDLY FURNITURE SUPER VALUES IN SOFA BEDS! Co is the parent organization of the three stations 90 DAYS SAME AS CASH SOFA BY DAY IF YOUR SKIPPING MEALS TO LOOSE WEIGHT YOUR BODY NEEDS PROTEIN! NATURE-MADE PREDIGESTED LIQUID PROTEIN 16 FLUID OUNCES The Mia of televiaion station KLBK in Lubbock announced there Monday apparently sparked rumors of the sale of two lister stations KTXS in Abilene and KMOM Monahans The rumors have been denied by two executives of the stations involved (BOD deTournilkn of Lubbock general manager over all throe stations laid today that only the Lubbock station wm Involved in the ale to Gulf life Holding Co of Jacksonville Fla The Abilene end Monahans stations were not included in the contract which wu signed Friday Robert Jackson KTXS manager also Mid today that as far he knowi there are no A 'atureyladel Queen Size Model no 687o negotiation! going on with julf Bedding or any other potential buyer which involve Fret Gif! Wrapping SLEEPER BY NIGHT! Matching 7777 Chair $9800 ll No 2476 -U- This is the sofa sleeper you've been searching for with a regular double bed 1902 GRAPE the Abilene station learned of the KLBK Mle last he said DeTourniUon said that ha had accepted the position of preiident of the communications division of Gulf Life Holding Co Some administrative readjustments will be required for the Abilene and Monahans stations Jackson Mid since de-Tournlilon'i office handlM the bulk of the administreUve matten fix ill three stations Texas Key Broadcasting eg fiams Hurry! Limited Supply timtnrrii 3101 12th (77-2771 OKI MO-fcOO "'75 boost of fishioa BR00KH0LL0W 3161 23rd (82-4011 OKI 10 TMJRST118 1 i i.

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About Abilene Reporter-News Archive

Pages Available:
1,677,443
Years Available:
1926-2024