Mobile homes blamed for poor quality and high costs
A 24 year study by the Center for Auto Safety finds mobile homes suffer from shoddy construction high financing charges and abusive trailer park practices. It notes 9 million Americans live in mobiles with frequent fires wind damage and lax regulation while dealers drive up costs through high interest rates and insurance charges.
MENTIONED IN THIS ARTICLE
Washington
UPI
Center For Auto Safety Report
Center
Consumers Union
Auto Makers See Strong Sales Amid Price War
Ford and Chrysler report rising demand as cash rebates draw buyers. mid January totals expected to beat 1975 model year lows. Despite renewed production, overall auto joblessness remains high with thousands more idled or on temporary layoff across GM Ford and Chrysler plants.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Ford Motor Co
Chrysler Corp
Chrysler
Ford
General Motors
U.S
Senate rebukes CAB and DOT over Pan Am TWA aid
A Senate subcommittee criticized the Civil Aeronautics Board and the Transportation Department for assisting Pan American World Airways and Trans World Airlines to avoid a financial crisis. The report says the floor on charter fares was improper and possibly unlawful, aimed at helping Pan Am with its problems and inflating fares. The proposal faces Federal Court challenges from the Justice Department and others.
MENTIONED IN THIS ARTICLE
Washington
Senate
Civil Aeronautics Board
Department of Transportation
Pan American World Airway
Trans World Airlines
Ford
Pan Am
TWA
Federal Court of Appeals
Justice Department
National Student Travel Bureau
National Air Carrier Association
Aviation Consumer Action Project
Edward M. Kennedy
D-Mass
Pan American
Transportation Department
DOT
CAB
Commission
Debts rise as jobless curb collections nationwide
Collection agencies report a surge in bad debts as mass unemployment swells delinquent accounts. Experts note debtors often once had solid jobs and are now unable to pay, prompting leniency and a higher volume of overdue bills across medical, professional, and consumer accounts.
MENTIONED IN THIS ARTICLE
Mary Lou Bowen
The
Adjustment Bureau of
Concord
N.H
Atlanta
United Press International
Bud Crout
American Collection Service
Chicago
Doris Teivel
Buffalo, N.Y
Buffalo
Boston Better Business Bureau
Ford keeps same deal Chrysler switches rebates to big cars
Chrysler extends its car clearance with a $300 rebate on Dodge Monaco Chrysler New Yorker and Newport plus $100 more if trading in a Buick or Oldsmobile. Ford maintains $200 to $500 rebates through Feb. 28 on 1975 Pintos Mavericks Comets, Mustangs, Capris and related models.
MENTIONED IN THIS ARTICLE
Ford
Chrysler
Detroit
UPI
Chrysler Corp
Ford Motor Co
Kuwait Eyes Full Nationalization of Oil Fields Next Month
Al-Wattan newspaper reports Kuwait may declare a 100 percent takeover of its oil fields in February despite official denials. Kuwait Oil Co. is 60 percent Kuwaiti owned with British Petroleum and Gulf Oil holding the remaining 40 percent and producing just over 2.2 million barrels per day last year. The nationalization study has been submitted for cabinet review as a precursor to formal decision with compensation details unspecified.
MENTIONED IN THIS ARTICLE
Kuwait
UPI
Al-Wattan
Persian Gulf
Kuwait Oil Co
British Petroleum
Gulf Oil
Gulf
Roc
Saudi Arabia
Arabian American Oil Co
Energy Guides Urge Private Savings Through Simple Changes
A federal guidance piece urges businesses to cut energy use by at least 25 percent without mandates. It highlights big potential savings, cites examples in federal buildings, and lists practical steps like dimming lights and adjusting thermostats to reduce costs and fuel demand.
MENTIONED IN THIS ARTICLE
America
Federal Energy Administration
New York City
Philadelphia
Detroit
Pittsburgh
Los Angeles
Columbia
S.C
U.S
Office
Federal Building
Washington, D.C
FEA
Atlanta
Boston
Chicago
Houston
Denver
Kansas City
Seattle
San Francisco
Treasury bill yields and correct calculation method discussed
The exchange explains that Treasury bill yield is based on cash outlay not face value. An example shows $843.40 discount on $9,156.60 cash outlay yields 9.2 percent. Advice offered on investing in bonds and money management funds with typical bank fees and no load funds.
MENTIONED IN THIS ARTICLE
Treasury
Federal Reserve Bank
New York
Federal Reserve Bank of New York
Family sells home items to pay bills in Denver
Guy Baker advertising color TV pool table and double bed for sale to raise money for a family of six amid long unemployment. His wife Deloris says they are "kind of panicked" as inflation and recession squeeze earnings, delaying plans to return to work while caring for 22 month old twins. They moved from Huntington, West Virginia eight years ago seeking better work.
MENTIONED IN THIS ARTICLE
Denver
Guy Baker
Baker
al Meyer
Deloris
Colorado
Huntington
W. Va
Also Mentioned on This Page
General Motors Corp
Ing
By David Burnham
New York Times Service
Ernest E. Barlough
Los Angles
American National Collectors Association
Barlough
Don McGill
Automobile Recovery Bureau
John Smith
Twin City Collection and Credit Bureau
Monpelier, Vt
Burlough
By Sylvia Porter
Daily Investor