New York leaders seek crack in Ford rejection on city default
Gov. Carey canceled a Sunday meeting with legislative leaders after President Ford again rejected current legislation to aid New York City and avoid default. Senate Minority Leader Warren Anderson and others said Ford left a potential opening for compromise, while the White House insisted no change in stance. Ford warned federal intervention was not appropriate and foresees no serious market impact if default occurs.
MENTIONED IN THIS ARTICLE
New York
Hugh L. Carey
P . Ford
Ord
Senate
Warren M. Anderson
Ford
White House
South Dakota ranchers warn on New York default
Three ranchers from Faith and Meadow in South Dakota warned that a New York City default could raise interest costs and cut beef demand. They cited federal grants per tax dollar and joined by Rep. Pressler in urging dialogue and possible bond guarantees to address New York's fiscal shortfall.
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New York Times
New York
South Dakota
New York City
Robert Samuelson
Northwest South Dakota
Les Blomberg
Samuelson
New York State
Abraham D. Beame
Ford N Y aid stance sparks divisive reaction from senators
Three Democratic senators Hubert Humphrey Abraham Ribicoff and Frank Church condemned President Ford for opposing federal aid to New York City to avert default. They argued public opinion has shifted toward aid and urged reevaluating bankruptcy rules rather than letting the city fail.
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New York City
Hubert Humphrey
Minnesota
Abraham Ribicoff
Connecticut
Frank Church
Idaho
New York
Balance and spine care tips from Ward Chiropractic
Dr. Lowell Ward outlines a complete Spinal Stress Evaluation with balance tests on four scales. He notes many carry 10 to 20 pounds more on one leg and explains artificial balance aids used during treatment followed by removal of aids. He warns bad postural habits and falls can disrupt balance and invites readers to a free Spine Care Class in Long Beach.
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Ward Chiropractic Orthopedic Office
E. 7Th St
Long Beach
Kansas City Buys Tax Anticipation Notes at Low Rate
Kansas City completes an 8.5 million tax anticipation notes deal as New York’s financial gloom spurs East Coast institutions to seek Midwest securities. John M. Urie notes a 3.67 percent issue with bidders Bankers Trust Co New York and Republic National Bank of Dallas. highest bid 4.25 percent, vs 5.09 percent last April.
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Kansas City
New York
John M. Urie
Bankers Trust Co
Republic National Bank of
Dallas
Urie
Boston
Virginia
Midwest
East
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