Penn Central considers selling all non rail assets to stay solvent
Penn Central trustees may divest from all assets unrelated to rail service to restore profitability by 1976. They plan to shed midtown Manhattan land worth about 1 billion and reduce staff from 92,000 to about 75,000 while seeking cash flow improvements and a possible reversal of the merger.
MENTIONED IN THIS ARTICLE
Philadelphia
Penn Central
Jervis Langdon Jr
U.S
Pennsylvania
New York Central
Midtown Manhattan
New York City
Nowrailroad
Madison Square Garden
Langdon
Chicago, Rock Island & Pacific Railroad
Cyclone Puts Damper on U S War Effort
Weather and tropical storm activity disrupts Vietnam air operations as the typhoon nears the DMZ area. U S and South Vietnamese forces continue limited combat actions with several air strikes reported and weather halting some flights.
MENTIONED IN THIS ARTICLE
U.S
Vinh
North Vietnam
Dmz
Harriet
Oriskany
Tonkin Gulf
da Nang
South Vietnam
Associated Press
Neal Diveich
Quang Tri
Paris
Hanoi
Hoffa Protege Cinch To Win But Daley Claims Vows
Fragmented quotes show Daley declaring himself General President and accusing Fitzsimmons of dictatorship amid internal union clashes. The secretary treasurer and 12 vice presidents endorse Fitzsimmons, while Daley cites vote tampering and seeks change to delegates rules.
MENTIONED IN THIS ARTICLE
Daley
Eet
Fitzsimmons
Pee Oreme Et Rank and File
Fitsmons
House and Senate Map New Income Tax Plan
Harrisburg AP reports lawmakers weigh a flat gross income tax between 1.75 and 2.5 percent to replace the 3.5 percent levy. Shapp will brief lawmakers on the administration plan amid bipartisan talks to win GOP support and budget-cutting demands. A welfare reform push and unemployment rule changes are also on the table as the process faces political hurdles.
MENTIONED IN THIS ARTICLE
Harrisburg
Shapp
House
Senate
Supreme Court
High Court
Kenneth B. Lee
Lee
Sullivan County
Martin P. Mullen
Nixon Invites Steel Talks at White House Over Wages
President Nixon summons steel industry and union negotiators to the White House to discuss contract talks seen as key to inflation and unemployment. USW seeks a 31 percent raise over three years to replace the expiring agreement, while industry leaders worry a costly settlement could fuel imports and job losses.
MENTIONED IN THIS ARTICLE
Washington
Nixon
White House
United Steelworkers of America
Basic Steel Industry Conference
President's Council of Economic Advisers
U.S
Lnter
USW
L W. Abel
Corry Troopers Seek 14 Year Old Girl Missing
State Police at Corry broadcast a missing person report for a 14 year old girl last seen leaving the Canadahts area early Sunday. She is five feet three inches tall, about 115 pounds, with long dark hair. She wore dark blue slacks and a white jacket bearing Magadore High School across the back. Contact Corry State Police if located.
MENTIONED IN THIS ARTICLE
Canadahts
Lake Area
Magadore Fligh School
Troopers Busy With Holiday Accidents
State Police at the Corry substation investigated six crashes over the holiday weekend with high damage but no serious injuries. The most serious occurred last night in front of the Happy Jack pizza stand at Canadohta Lake when three cars were damaged. Gregory L enton, 17, of Bradford and Fred Beckwith were treated at Union City Memorial Hospital after crashes on routes near Corry and Titusville.
MENTIONED IN THIS ARTICLE
Corry
Canadohta Lake
Marys
Gregory Lenton
Bradford
Fred
Union City Memorial Hospital
Beckwith
Eberhardt
Titusville
Janice A. Proctor
Corry Auto Auction Changes Hands
The Corry Auto Auction, the region’s largest in Northwestern Pennsylvania, has been sold by Mr and Mrs Lloyd Meerdink to Mr and Mrs Charles O. James Jordan, long with the auction house, remains in place and Paul Floyd of Wayne Street is named office manager.
MENTIONED IN THIS ARTICLE
Corry
Pennsylvania
Lloyd
Also Mentioned on This Page
Sparta
J. Russell Young
Ieeeee
Demilitarized Zone
Fuller
A Shau
Satchmo’ Armstrong
New York
Louis Armstrong
Louisiana
Armstrong
Beth Israel Hospital
Waldorf Astoria
New Orleans
Hoffa
Cinch
Theodore
Deley
Philadelphia Democrat
Shappaan
Mullen
Kathy Studebaker
Kimball Hill Road
Union City
Union City Memorial ‘Hospital
Harold Eberhardt
Gregory 2
B.D. 2
Centerville
Pacee
Clair Stile
Renal E. Benton
Cory Mae Ie Gane
Benton
Arminor
Sareeur Heme
Richard Gambino
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