Nixon eases guidelines to boost stock dividends
The Nixon administration loosened voluntary guidelines capping annual dividend increases at 4 percent or using a formula based on 1968 to 1972 averages. The move aims to aid the market and benefit the elderly and widows relying on dividends, while tying to more favorable market reaction to the 60 day price freeze. Corporate profits rose $12.8 billion in Q1 to an annual rate of $114.3 billion.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Committee On
Arthur F. Burns
Federal Reserve Board
Burns
Cost of Living Council
Commerce Department
County fights order to close part of old TB hospital
Erie County officials seek a hearing before the Industrial Board over a Labor Department order to stop using the third floor of Grandview Hospital and install an automatic sprinkler system. The order, from the Bureau of Occupational and Industrial Safety, would cut 40 beds and require costly safety upgrades. Dr. John Mannarelli and Commissioner support cite expansion plans and taxpayer impact. Labor also demands flame proofing, new sleeping quarters for over 30 patients, and structural changes.
MENTIONED IN THIS ARTICLE
Erie
Pennsylvania
Labor Department
Erie County
Grandview Hospital
Bureau of Occupational and Industrial Safety
John Mannarelli
Harrisburg
State Industrial Board
D. Ray Wenger
Board of Review
Labor and Welfare Departments
Mannarelli
William Hill
Martha Mitchell Leaves New York
New York AP Martha Mitchell wife of former Attorney General John N. Mitchell apparently left town stepping from her Fifth Avenue apartment into a station wagon with suitcases. She was escorted by her daughter and her husband's secretary and officials offered no destination. Earlier in the week she scolded reporters outside her home amid continued vigil.
MENTIONED IN THIS ARTICLE
New York
Martha Mitchell
County Offers Workers 900 Over 18 Months
Erie County negotiators disclosed a contract offer totaling $900 over 18 months for 811 AFSCME represented workers. The package, debated at a press conference, includes $300 across the board for late 1973 and 14 cents per hour increases, far short of the union demand of $2,000 for 1973 with a projected $1.6 million salary cost. The union has voted to strike if no better terms appear and a state mediator may join talks.
MENTIONED IN THIS ARTICLE
ERIE
Erie County
American Federation of State
David DeHaven
Afscme
Corry Salvation Army Bids Farewell to Capt and Mrs Korp
Members of the advisory board honored Capt. and Mrs. James Korp with a farewell buffet at the Corry Motor Inn. After four years at the local citadel, the Korps depart Tuesday for Hempstead New York. Shown left to right are William S. Eaton Shirley Hammerlee Mrs Korp Capt Korp and Paul Roche.
MENTIONED IN THIS ARTICLE
The
Corry
Korps
Citadel
Hempstead
New York
William S. Eaton
Shirley Hammerlee
Mrs. Korp
Korp
Paul Roche
McMichael
Also Mentioned on This Page
Jer Tor
Ely Ly
Uly
Old TB
Bill Mitchell
Jerry Mick
Gene
True Value Hardware
East Woastling
Jones Street
Stylex
Yerich
Worth Hammond
Cliff Buelink
FORD
Mercury
Cliff Buesink
Doug Mitchell
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!