Economic Index Hasn't Changed
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News Economic index summary State hasn’t changed HARTFORD — The Firearms Division of Colt Industries has WASHINGTON (UPI) - The Leading Economic Indicators could employment. announced plans to lay off about government index designed to force the President to reassess his • The balance of trade — a portent 50 more workers soon because of plot the direction of the position by January. of inflation and a flood of foreign federal government cutbacks in economy rose only 0.3 per cent The gain in September was sharply goods that could lead to layoffs and orders of the M16 rifle. down from the revised 1.4 per cent factory closings, if persisting for an in September, the government rise in August and was only the third extended period — retains a deep HARTFORD - Gov. Ella said today — a figure that Grasso says she may scrap the rise in five months. After making deficit. customary seniority system suggests weak expansion of in rapid gains in February and March, • Unemployment is virtually un when considering candidates for dustrial production and little, the index has barely moved since changed since spring. the state Supreme Court next if any, improvement in un April when it stood at 130.5. • And the inflation rate continues The index now stands at 132.4 from year. Chief Justice Charles S. employment for the rest of above 6 per cent despite monthly a 1967 base of 100. fluctuations. 2 House of Manchester is 1977. The new report confirms the trend scheduled to retire next year. Since it takes several months to es Although President Carter of other recent economic indicators. tablish a trend, the small increase HARTFORD — Seven elec Thursday rejected any income lax • The broadest measure of activi for September clearly indicates that trical wiring manufacturers and cuts to stimulate the economy in ty. the Gross National Product, is not economic activity will continue at a some of their officials have been 1978, the poor gain in the Index of growing fast enough to reduce un modest rate for the rest of 1977. indicted by a federal grand jury on charges of conspiring for 14 years to fix prices. BRIDGEPORT — Connec ticut's education commissioner, Senators convinced Mark Shedd, has charged that Bridgeport school officials have violated state laws in failing to carry out court-ordered desegregation. of big car ban need HARTFORD — Twelve com WASHINGTON (UPI) - Senate he wants to write an energy tax bill panies are offering jobs through negotiators are finding the negotiators on energy legislation in with House negotiators. the state's program to aid the 3,- automobile a tough area on which to sist the worst gas-guzzler cars should It also agreed to impose a tax on in 000 white-collar workers slated compromise. be banned, but also are exploring dustries which could use gas or oil to lose their jobs at Electric The Senate conservation bill in compromises that could get House but could use coal. It was the first tax Boat in Groton. cluded am outright prohibition conferees to go along. increase approved by the Senate, against any 1980 model car — the U.S. Secretary of Agriculture Robeft Bergland, left, and It is the last big issue for a House- which so far has gone along with ones that come out in late 1979 — get Regional U.S. Rep. Christopher Dodd discuss grain storage facilities in Senate conference committee in its Long’s plan to provide financial in ting fewer than 16 miles per gallon of consideration of energy conserva centives rather than taxes to win New England with Emanuel Hirth, general manager of the fuel. The requirement would go up a PROVIDENCE, R.I. - Rhode tion, the first of four non-tax energy energy objectives. mile per gallon yearly through 1985. Island's first statewide gfand Central Connecticut Cooperative Farmers Association, during bills the negotiators must hammer A home insulation tax credit for in The House bill had no such ban. jury has indicted 20 suspects in a visit to Manchester. (Herald photo by Dunn) out from vastly different House and dividuals also is likely in the final Conferees had tried Tuesday to the multi-million-dollar “Rhode Senate versions. bill. A $200 million tax credit for in agree on the issue, but deadlocked Island Connection" drug traf House-Senate negotiators con tercity bus companies was killed. and put it off for the time being. ficking case. Most charges stem tinued their arduous sessions amid As in the past. House Senate from seizure of eight tons of Tour impresses signals from the White House that marijuana in four towns. compromise was possible on the CONCORD, N.H. - The New overall energy package. Hampshire House has voted to At a news conference Thursday, give dying patients a chance to farm secretary^ Carter refused to say whether he die in peace, without being would veto a congressional energy Bidding delayed forced onto costly life-supprting bill that followed natural gas price machines. The House overrode U.S. Secretary of Agriculture find that agriculture is almost a $300 ceilings higher than the $1.75 per Gov. Meldrim Thomson’s veto of Robert Bergland was impressed with million business here," he said. thousand cubic feet he requested. But the bill, which now goes back to The secretary, who was accom he said he may have to “do some on Penney park what he saw Thursday during a a tour the Senate. of some of Connecticut's farmland. panied on the tour by U.S. Rep. compromising" in order to get an Christopher Dodd, told Hirth " I HAVANA, Cuba — A group of That's what he told Emanuel acceptable measure through would never have believed i t , even if Congress. C Massachusetts businessmen fly Hirth, general manager of the Cen The Town of Manchester has about Christmas. Chris Dodd had told me, what a One of the most controversial home to Boston today, ending tral Connecticut Cooperative decided to postpone the opening of a “We didn't want to take bids now large part agriculture plays in this features of the energy package still five days of trade talks with Farmers Association, when he contract for the first phase of con and not be able to say yes or no until state." lies in the Senate, where a battle is Cuban officials and President visited the Manchester grain storage struction work in the proposed in after Christmas. " Giles said. No and processing facility Thursday Bergman and Dodd also visited the under way over a $40 billion, eight- Fidel Castro. dustrial park. work on the park will be started until Gerber farm which is operated by year package of tax credits and in afternoon. The facility, located at 10 The bid opening, originally at least after Hull's decision is Edwin and Beverly Gerber on Dart centives to encourage energy conser National Apel PL, is owned and operated by scheduled for Thursday, now has handed down. Hill Rd., Rockville, Thursday. farmers from Connecticut, Rhode vation and production. been set for Monday, Nov. 28, a date “We don't like to keep the contrac Thursday night, Bergland spoke to TAFT, Calif. — Red Adair, the Island, Massachusetts, New York Once the Senate's version of closer to the expected court decision tors hanging on for too long. " Giles T about 600 people at the University of Texas oil-well firefighter, and Vermont. Carter’s energy tax plan is passed, it on a case affecting the park. Jay said. Thus, the decision was made to proved Thursday he’s a man of Connecticut. He said he “will start Bergman told Hirth that his tour of will join other planks of the energy Giles, director of public works, said. postpone the opening of the bids. his word. He snuffed out the scouring New England for a grain plan at the conference committee. the state was the most educational A court case involving the park, in The bid is for drainage work to be three-day oil well fire which storage facility" which farmers said The Senate Thursday gave Senate trip he had ever made. "I had the which J.C. Penney would be the chief done in the northeast section of the killed three men. they need in the event grain Finance Committee Chairman typical midwestern notion that occupant, was completed earlier this park. It is the first of several bids shipments to the region are halted in Russell Long, D-La., the blank check WASHINGTON - The House Connecticut was a kind of suburb month. Superior Court Judge T. that would be required if the park 3 0 emergency. says elderly Americans should between Boston and New York, but I Clark Hull, who presided, said that project proceeds be allowed to earn any amount his decision might not be made until of wages without losing Social Security benefits. If it stands, the decision could affect 22 million persons, but the proposal faces an uncertain future. Energy is key WASHINGTON - The Senate Judiciary Committee’s vote to decriminalize possession of small amounts of marijuana is likely to be overturned next to area future week, and the result may be sources include conservation, con worse for the casual user.