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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Jan 20, 1975

Page

27

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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