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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Dec 31, 1969
Page
3
A brief note highlights steady growth trends despite ongoing changes. Analysts point to sustained performance across sectors and cautious optimism for the coming quarter as markets adapt to evolving conditions.
Micah Dembo, 20, a junior from Philadelphia, was arrested by city state police and a narcotics agent for possessing hashish worth 2200 dollars and marijuana seeds. He was arraigned, committed to Crawford County Prison on 5000 dollar bond, with a hearing set for January 9. A separate case involved Harold Hoffman, 19, from Polk, bound over on marijuana possession charges after a December 24 arrest with two juveniles, released on bail.
The Pennsylvania House approved a bill 107 to 90 to raise the cigarette tax from 13 to 18 cents per pack, targeting about $21 million in the last five months of the fiscal year. Officials say the move would push Pennsylvania above states like Texas and Florida in per-pack tax and revenue.
The Corry Bureau of Employment Security announces openings for wood working machine operators, compounders, molders, general office clerks and cooks. Manager Joseph Kablach urges youths 16 to 21 out of school to consider the Job Corps training program with room, board, clothing allowance and pay from 30 to 50 dollars monthly. Contact the local state employment office for details.
LELCHON New York Town of Ellicott Chief of Police R. A. Vanstrom yesterday apprehended Frank Dale at his home in connection with the armed robbery of the Fairmount Plaza Loblaw Store. Dale reportedly escaped with 2246 dollars in bills and is jailed without bail.
Washington AP reports maximum interest rates on government insured FHA and VA home loans will be boosted again to a record 8 percent, marking a second increase within a year. The new rate applies to loans issued next Monday.
Erie County commissioners approved the 1970 budget by unanimous vote keeping real estate millage at 10 mills for county purposes and six mills for real estate plus four for personal property. The accompanying Erie County Institution District kept real estate at 4.5 mills. The board also funded indigent care with 107000 to four hospitals and approved several planning and facilities actions including a courthouse and jail expansion and a gas fired boiler project. The housing finance actions included Secretary Romney raising the FHA-VA loan ceiling to 8 percent amid debate on mortgage costs and inflation.
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