Greenspan Foresees Slump Until Inflation Cooled
Dr. Alan Greenspan told housing and construction leaders and officials in Atlanta that business outlook remains dour until inflation is controlled. The regional pre summit on economy gathered officials to discuss prospects and policy. Wayne Marcus Chenault is escorted from court after being sentenced to die for murders linked to Ebenezer Baptist Church. The verdict followed a 69 minute jury deliberation comprising six white men, two white men, three black women and one black man.
MENTIONED IN THIS ARTICLE
Alan Greenspan
Ford
Atlanta
Wayne Marcus Chenault
Martin Luther King Sr
Edward Boykin
Ebenezer Baptist Church
Chenault
Sixth Doctor Plans To Join Medical Group Of Corry
Corry police report two new doctors join the Medical Group of Corry Inc bringing total physicians to six. Dr Francisco Tirol of Erie will start Oct 1 in family practice and surgery. he follows Dr Nicholas Vasilopoulos who joined within three months. Tirol is a 39 year old Philippines native, Santo Tomas graduate, interned 1962–66 in the United States. A missing lawn statue, valued at 35 dollars, was reported stolen from Carmen Morris’s yard on R D 3 Corry earlier this week.
MENTIONED IN THIS ARTICLE
of Corry, Inc
Corry
Francisco Tirol
Erie
St. Vincent Hospital
Nicholas Vasilopoulos
James Hileman
John Brown
Gerald Lloyd
Roger Cruz
Tirol
Philippines
University of Santo Tomas
Manila
Prac
R.D
Carmen Morris
Ford Advisers Say 74 Economy Won't Improve Soon
Two of President Ford's top advisers Kenneth Rush and Alan Greenspan say inflation will stay high this year with real relief unlikely. They foresee progress next year, contrasting earlier Nixon forecasts of a drop to 7 percent by year end. They cited rising gas and food costs, drought effects, and patches of worsening prices.
MENTIONED IN THIS ARTICLE
Washington
Ford
Kenneth Rush
Alan Greenspan
Council of Economics Advisers
Nixon
Bush
Senate
Sirica Keeps Watergate Trial Alive Despite Nixon Pardon
U S District Judge John J. Sirica says the Nixon pardon provides enough basis to drop Watergate cover-up charges against aides, while trial progress resumes with a one day delay to October 1 for juror selection. The White House and Senate press for no further pardons before trials finish.
MENTIONED IN THIS ARTICLE
Washington
U.S
John J. Sirica
Richard M. Nixon
Sirica
White House
Senate
Ford
House Judiciary Committee
Nixon
Peter W. Rodine Jr
Dn.j
John W. Hushen
Atty
John N. Mitchell
Richard Nixon
Mitchell
John D. Ehrlichman
Seat Belt Interlocks Set to End as Congress Looms
Detroit AP reports Congress may lift the seat belt interlock requirement for new cars, leaving about a million 1975 models with the device in showrooms by month’s end. Auto makers note customers may disconnect the system, which GM says adds 30 to 40 dollars to price, while others plan to shift costs accordingly. Senate action this week suggests the change is likely.
MENTIONED IN THIS ARTICLE
Detroit
Congress
General Motors
Senate
Streakers Face Police Charges at Corry High Game
Two Corry Area High School youths, a junior and a senior, streaked during a girls basketball game at the school gym. Police will file disorderly conduct charges, with possible public indecency counts, as athletic director Lou Hanna pursued the pair. The final score was Corry 53 Cranberry 51, and names are withheld due to juvenile status.
MENTIONED IN THIS ARTICLE
Corry Area
Lou Hanna
Corry
Cranberry
Black Rats mark Friday the 13th with superstition busting
Newark Ohio AP reports that 13 World War I veterans called the Black Rats celebrate Friday the 13th with a party at a bowling alley. Members ages 78 to 85 gather, walk under ladders, break mirrors, and toast war stories over steak and seafood. No officers or dues, attendance is mandatory.
MENTIONED IN THIS ARTICLE
Newark
Ohio
Black Rats
American Legion
John W. Sachs
Ford Joins Others Announces Price Hikes on 1975 Models
Ford Motor Co joins General Motors and Chrysler in raising 1975 model prices by about 389 dollars per vehicle on average. Ford cites inflation and higher build costs, noting a 950 dollar per unit cost rise since 1972 with 400 dollars of that already passed in prior increases. Ford’s average car rise is 370 dollars, with Maverick at 3025 and Pinto at 2835, while Impala and standard Ford reach about 4561 and 4656 respectively. taxes and delivery will add roughly 260 dollars to a 4000 dollar price.
MENTIONED IN THIS ARTICLE
France
Senate
Democrats
Ford
Atlanta
Federal Power Commission
Ford Motor Co
Detroit
General Motors
Chrysler
John B Naughton
Naughton
American Motors
America
Center Street Housing Case in Limbo
The South Center street moderate income housing project remains stalled with CAIDC and homeowners at an impasse. A court case by residents delays progress, though talks continue. council meeting Monday could yield a first move toward resolution.
MENTIONED IN THIS ARTICLE
South Center Street
Corry Area Industrial Development Corporation
CAIDC
1 2 Inches Of Rain Causes Minor Crash
A 16 year old youth, David A Burress of R D 1 Corry, lost control in a heavy rainstorm. His car skidded into a utility pole causing about 580 in damage. The storm dropped 1.2 inches of rain reducing visibility and halting traffic during the evening.
MENTIONED IN THIS ARTICLE
David A. Burress
R.D
Corry
Spy Plane Seeks Record Flight London To Los Angeles
The SA7L Blackbird left Britain aiming to break the 5,645 mile distance in under four and a half hours. A U S Air Force spokesman said the aircraft appeared to be making very good time after taking off from Mildenhall Air Base in Suffolk, about 50 miles northeast of London.
MENTIONED IN THIS ARTICLE
London
Britain
Los Angeles
U.S. Air Force
Mildenhall
Suffolk
Also Mentioned on This Page
Medical Group of Corry, Inc
Tice
United States
Greenspan
Labor
Rush
Midwest
Treasury
William E. Simon
H.R. Haldeman
William Proxmire
Dwis
Proxmire
Dan
Sachs
Center Street
Spy Plane
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