The Baytown Sun (Baytown, Tex.), Vol. 61, No. 274, Ed. 1 Friday, September 16, 1983 Page: 3 of 18
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4
Friday, September 14, 1983
THE BAYTOWN SUN
IrA
Official Says U.S. Trade Position Deteriorating Rapidly
1,100 thli week to prodittflon was rent economic condi
136,3-50, mostly limited by
because workers lost shutdowns
callback rights and
were dropped from Board said Its Con
the rolls. Another sumer Confidence In
7,765 are on tem
porary furlough this August, to 84.2 from recovery this sum
week compared with 84.7 in July, but add- mer la demand for
500 last week. Mean- ed that the index had OPEC oil was not
while, Ward’s held virtually steady great enough to sup
Automotive Reports over the past four port an increase in
said U.S. car produc- months The board OPEC prim or pro-
tion this week will be said its survey in- duction The panel
28.5 percent higher dicated people were said it would review
than last week, when confident about cur- the situation agalm :•
record for a quarter- every Industry,
ly trade deficit was August's total output
$6.6 billion, set in the was 8.7 percent
final quarter of 1982, higher than In August
the Commerce 1982 and 11.6 percent
Department said.
In a more en
July 1981 and lasted
16 months.
In other economic
developments Thurs-
day:
— The Labor
Department said
409,000 people filed
first-time claims for
unemployment
benefits in the week
ended Sept. 3. That
was down 5,000 from
the previous week
—U.S. automakers
said their layoffs fell
deteriorated even as
many sectors of the
domestic economy
are snapping back
from the 1981-82
recession. The rise
this year in the value
of the dollar on
foreign exchange
markets has helped
limit U.S. exports,
while the U.S.
economic recovery
has produced a bulge
in imports.
The previous
BvTHl ASSOCIATED PROS
The U.S. interna-
tional trade account,
which showed a
record $9.7 billion
deficit in the April-
June quarter, is ex-
pected to continue
deteriorating this
year, the government
says.
Commerce
Secretary Malcolm
Baldrlge said Thurs-
day he expects the
deficit In the U.S. cur-
rent account —
measuring trade and
financial transac-
tions with the rest of
the world — to hit $30
blflion for the full
year. That would
nearly double the
record $15.45 billion
of 1978.
Last year’s total
current account
deficit was |lt:4
billion.
The nation's trade
position has
Labor Day tkms but less certain
about the future
—A committee of
four OPEC members
meeting in Vienna,
The Conference
higher than in
November 1982, when
couraging report, the the recession bottom-
Federal Reserve edout. ,
Board said U.S. in
dustrial production Reserve said in-
rose >0.9 percent in- dustrial production
crease In- August, has recovered four
Output had risen 2 fifths of the output
percent in July
dex edged lower in Austria, decided the
The Federal
lost during the reces-
Production rose in sion, which began in
Housewife
Wants Day
Of Mourning
$
BEAT the CLOCK
9 hr SALE
TEXARKANA
A Texas
housewife is trying to
establish a grass
roots movement for
an International Day
of Mourning for the
KAL-007 Innocent.
Vera Hines has
already gotten the ci-
ty council of Wake
Village, where she
lives, to recognize the
movement and the ci-
ty councils of Tex-
arkana, Texas and
Arkansas, will con-
sider the proposal.
She wants it to
grow into an interna-
tional protest of the
downing of the
Korean Air Line
plane by the Soviet
Union.
A date has yet to be
set but she is con-
sidering on or before
Nov. 1, Mrs. Hines
(AP)
500 NEW CREDIT CUSTOMERS WANTED NOW!
FURNITURE
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said
“We want it to have
participation from
everyone, the free
people of the world,’’
she said. “I am try-
ing to keep it in the
same spirit the presi-
dent has tried to keep
it, on a national and
international level.
“You watch the
news media and you
see a lot of effort by
the people on the
street to do some-
thing. The govern-
ment’s hands ace tied
by diplomacy.
“If the people in-
itiate it; it would
carry more Impact
and it would show
that we care and that
we won’t forget,”
Mrs. Hines said.
She said a lot of
groups, such as
airline pilots, are try-
ing to make thei'r
feelings known by
taking some sort of
retributive action.
The day of mourn-
ing would encompass
four points:
— The prominent
display of black and
white cloth banners
— black for mour ng
and white 'or in-
nocence t tt se. ill-
4.
- Jfer-- —
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^WE'VE MARKED DOWN PRICE
TAGS THROUGHOUT THE ENTIRE
SHOWROOM...STARTING AT 9 AM
EVERYTHING IN STOCK WILL BE
SALE PRICED AT SAVINGS OF
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You couldn't pick a hotter time to aavr on furnimn- than nuw. In
the qaer of 9 short hour* wove crammed a year, north of raring!
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tional charge., sate either! way I Just rrmembrr: sale is 9hours only
and tallies Tike these go fast. Be herb early!
A vt^a ,ng of
tilt e colors on
clothes, such as on a
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lapel
if
fw.
— ’jelling one per-
son about the day of
mourning.
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OPEN AN
ACCOUNT
if ^
h
— On the day
designated, the
lighting and pro-
minently displaying a
yellow candle —
yellow for the
“cowardness of the
USSR.”
“This would be
something everyone
, could participate in
anywhere in the
world, whether they
live in a city, on a
farm or in a desert.”
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FINANCING AVAILABLE THRU
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“I think it would
have impact if
everyone felt what
600 N. ALEXANDER
BAYTOWN, TEXAS
899.3911
'
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was wrong.
Mrs. Hines said she
called the White
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several “liason
types” but didn’t get
much support.
She’s sending out
some letters, trying
to muster some sup-
port to get her idea
off the ground.
“And I’m Just
dumb enough to
believe that one per-
son can make a dif-
ference.”
1
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VISA-MASTER CARD ACCEPTED
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FREE DELIVERY t SET-UP
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Brown, Leon. The Baytown Sun (Baytown, Tex.), Vol. 61, No. 274, Ed. 1 Friday, September 16, 1983, newspaper, September 16, 1983; Baytown, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1153620/m1/3/?rotate=270: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Sterling Municipal Library.