Businessmen take lead on New York City budget crisis
Albert V. Casey of American Airlines and two other top executives form the Emergency Financial Control Board to impose strict budget controls and guide New York through a looming fiscal crunch. They identify sources of the problem, assign responsibilities, set deadlines, and plan data driven priorities while continuing company duties. The panel may face credit market limits as MAC funding ends in December.
MENTIONED IN THIS ARTICLE
New York
Albert V. Casey
American Airlines
New York City
Casey
Airlines
Harvard Graduate School of Business Administration
William M. Ellinghaus
New York Telephone Co
David I. Margolis
Colt Industries
Emergency Financial Control Board
Hugh L. Carey
Abraham D. Beam
Arthur Levitt
Harrison J. Goldin
Municipal Assistance Corp
Margolis
Ellingha
Richard R. Shinn
Metropolitan Life Insurance Co
Beame
Kenneth S. Axelson
J.C. Penney Co
Axelson
Sign at Phoenix station recalls gas 29.9 cents era
The sign at a Phoenix service station evokes a distant time when gas sold for 29.9 cents a gallon and there was no 25 gallon limit per customer. A wirephoto caption frames the nostalgic image.
MENTIONED IN THIS ARTICLE
Phoenix
SBA Workshop in Los Angeles for New and Prospective Business Owners
Free day long Small Business Administration workshop in the Los Angeles Police Auditorium Center on October 13 covers taxes capitalization management legal requirements and locations. Local business leaders and SBA staff lead discussion groups to help new entrepreneurs succeed and access SBA programs. Information available from SBA office 49 S Broadway Los Angeles 90014 or phone 214 688 2972.
MENTIONED IN THIS ARTICLE
Los Angeles
Yes Center
Los Angeles’ St
Aim
Howard ¢. Whitaker
SBA
Savings institutions face dilemma over rate hike
The nation's thrift institutions struggle under 5.25 percent passbook and 7.75 percent six year savings certificate limits while Treasury notes offer over 8 percent. Thrifts warn higher consumer rates may attract funds away, risking disintermediation, though economists doubt they can sustain higher payouts. Analysts predict a possible easing by early 1976 as demand for money shifts and rates fall.
MENTIONED IN THIS ARTICLE
New York
Savings Banks
Savings and Loan Associations
Uncle Sam
Treasury
George McKinney
Irving Trust
McKinney
Congress
Kenneth Thygerson
U.S. League of Savings Associations
S&ls and
Mutual Savings Banks
Thygerson
Dodge Index Surges to 208 on Energy Construction Boom
August sees a 21 percent rise in future construction values to 10.04 billion with energy projects driving the surge. The Dodge Index hits a record 208, led by large power plants, regasification and Alaska pipeline work, while housing and nonresidential sectors show little gain.
MENTIONED IN THIS ARTICLE
Dodge
F. W. Dodge
McGraw-Hill Information Systems Co
Sweet
George A. Christie
Christie
Crocker Bank Moves to Pine Avenue Long Beach
Crocker National Bank relocates from 129 East Broadway to 130 Pine Avenue in Long Beach. Ronald N. MacDonald confirms all banking services now at the new office with hours 8:30 a.m. to 4:30 p.m. Monday to Thursday and 8:30 a.m. to 6 p.m. Friday.
MENTIONED IN THIS ARTICLE
Crocker National Bank
East Broadway
Pine Avi
Ronald N. MacDonald
Long Beach
Pine Avenue
Crocker Bank
Crime Stages U.S. Industry From VP to Clerk Theft
Industry Week reports crime costs to U S business range from 15 to 50 billion dollars annually with about 80 percent from internal theft. Theft spans all ranks from vice presidents to clerks and includes sabotage and misdelivery as possible crimes.
MENTIONED IN THIS ARTICLE
Cleveland
Crmme
Industry Week
The
Magazine
For Managers
Unclear OCR fragment on regional finance allies
Fragmentary OCR text mentions capital alliances and coal, with several garbled terms like Westimore and WesternPac. No clear event, date, or identifiable entities can be confirmed for a precise news card.
MENTIONED IN THIS ARTICLE
American
Capital Alliances First
Westimore Coal
WesternPac
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