Auditors Warn AMC Faces Continuity Risk Amid Losses
Independent auditors Touche Ross & Co flagged AMC’s heavy losses and warned the company’s continuity depends on securing financing and improved results. AMC posted a $74 million loss over two fiscal years, with 1976 working capital down to $59.8 million and debt rising to $84.6 million. The firm expects loan renewals and a long-range financing plan by January.
MENTIONED IN THIS ARTICLE
Detroit
American Motors Corp
Touche Ross & Co
Chrysler Corp
AMC
Touche Ross
Chrysler
Roy D. Chapin Jr
Third Set Of Fraternal Twins Beats Most Odds
In Omaha Nebraska Margaret Murphy, age 36, celebrates a rare birth of her third set of fraternal twins Pat and Mike, despite odds of 512000 to 1. Husband Jim, a lineman at Commonwealth Electric, shares in the joy as the family adjusts with seven children including siblings Jim 7 and Ann 5. The couple previously had Jennifer and Theresa who were stillborn in 1973, and Daniel and David born Thanksgiving Day 1974. Geneticist James Eisen notes the calculated odds of three fraternal twin sets.
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Omaha
Neb
Margaret Murphy
Jim
Seventh Heaven
Commonwealth Electric Co
Murphys
Ann
Pat
Mike
Jennifer
Theresa
Daniel
David
James Eisen
University of Nebraska Medical Center
Murphy
Jenson recalls travels and Peru archaeology memories
Mrs. Jenson describes extensive travels with her family including Peru trips about ten years ago. She recounts experiences from her younger son Peter’s archaeological digs in South America and notes artifacts like a leopard skin and a ceremonial boat paddle. She mentions oil companies in the jungle and the overpowering rainforest around Explorama.
MENTIONED IN THIS ARTICLE
Page
Jenson
United States
Peter
Jensons
South America
Peru
Pilgrims Arrive for Nativity Celebrations in Bethlehem
Pilgrims and tourists reach Bethlehem as choirs from the United States Israel Australia Sweden South Africa and Britain take the stage in Manger Square. Midnight Mass at St Catherine's Church will be broadcast to the crowd outside. Labor tensions were felt with a brief flight steward strike delaying guests at the airport. Mayor Freij cites contrasts of busy tourism and underlying tensions in the West Bank.
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Jesus
United States
Israel
Australia
Sweden
South Africa
Britain
Manger Square
St. Catherine's
Msgr
Bertritti
Freij
Bethlehem
West Bank
Jordan River
Armed Robbery Trial Of Hammill Delayed In Oshkosh
The armed robbery trial of Jerold Hammill in Winnebago Circuit Court is postponed until at least January due to a prosecution witness's unavailability. Hammill, 23, already imprisoned for a 1975 shotgun murder and rape, faces related charges in La Crosse County with a February 14 trial date set. He remains in the Wisconsin State Prison, Waupun.
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Oshkosh
Wis
Jerold Hammill
Winnebago Circuit Court
Winnebago County
Hammill
Patch Grove
John Hotchkiss Jr
Hotchkiss
Diane Merfeld
la Crosse
Menasha
Grant County
Vernon County
Geoffrey Banta
la Crosse County
Wisconsin State Prison
Waupun
Pre-Yale Car Sales Hit Strong Holiday Pace
Detroit AP reports pre Christmas new domestic car sales reached the second fastest rate in history for Dec 11 20 as GM led with a 41 percent gain, Chrysler up 36 percent, Ford up 20 percent, and American Motors down 8 percent.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Chrysler Corp
Ford Motor Co
American Motors Corp
Holiday drinking rises in La Crosse taverns and stores
La Crosse bars and liquor shops report busier holiday sales with Tom and Jerry cocktails favored. Owners note older patrons socializing, vodka cognac and Canadian whiskies selling well, egg nog punches, and wine gifts as Brat and Brew sees up to a 40 percent sales jump while beer cools off for the season.
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la Crosse
Rex Ritchie
Airport
Ritchie
Seiler Lane
Tom and Jerry’s
Robert Schmidt
Schmidt’s
State Road
Schmidt
Arthur Soell
Soell
Main St
Charlier du
S. 15Th St
Archer
Carols Bring Comfort To Silent Girl Laura
A kindergarten scene shows Laura, a frightened girl harmed by a harsh stepfather, begin to speak again as a German carol drives her to warmth. The moment, shared by a teacher and students, leads to Laura and her grandmother finding safety and happiness.
MENTIONED IN THIS ARTICLE
Laura
Iowans To Receive Sewage Plant Aids
Lansing and three eastern Iowa communities will get federal money to cover construction costs for sewage treatment plants. EPA grants total 245,? thousand dollars to Lansing Cedar Rapids Dubuque and Worthington under the Federal Water Pollution Control Grant program.
MENTIONED IN THIS ARTICLE
Lansing
Iowa
Environmental Protection Agency
EPA
Cedar Rapids
Dubuque
Worthington
Ford to attend midnight services despite skiing injury
President Ford plans Christmas observances in Vail despite a skiing bruise. He will join midnight services and exchange gifts with family on Christmas morning. Officials offered differing reasons for his limp with press secretary Nessen calling it an aggravated knee injury and the physician noting a bruised hip from a tumble.
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Vail
Colo
Ford
Ron Nessen
Nessen
Nelsen
Carter aides vow to quit clubs that bar women or blacks
Washington AP reports two top Carter administration appointees will resign from private clubs that exclude women and blacks. Three other nominees in similar clubs remain with unchanged memberships. Carter says he will not join or pressure cabinet members to join discriminatory clubs.
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Washington
Carter
Defense
State
Treasury
White House
Office of Management and Budget
Cease fire ends clashes among Palestinian groups in Beirut
In Beirut tensions flare as rival Palestinian guerrilla factions clash and a dawn cease fire takes effect. Syrian armored patrols join a new Palestinian security force to curb fighting on the southern Beirut fringe. Reinforced checkpoints search vehicles while tanks and armored carriers patrol streets amid the fallout from a grenade attack that killed a Syrian soldier.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
An Nahar
Marcos orders cease fire in southern Philippines
President Ferdinand E. Marcos announced an immediate cease-fire with Moslem guerrillas in the southern Philippines. The halt to military operations takes effect Friday December 24 at national briefing with commanders and aides. Government sources cited talks on a possible peace agreement after nine days of meetings in Tripoli, Libya.
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Manila
The
Philippines
Ferdinand E. Marcos
Marcos
Lumi naria Lights Hillsboro Water Avenue Event
Hillsboro hosts the 11th Lumi naria festival with candle lighting at about 5 p.m. along Water Avenue from St. Joseph Nursing Home to the Clark Endicott Building. A live nativity and program start 6:30 p.m. at Our Savior's Lutheran Church, Westby. The chancel choir at St. Luke's United Methodist performs A Song Unending at 10 p.m. at 1022 Caledonia St with soloists Kenne Happel, Cheryl Staats, Kenneth Barrett Sr. and Rose Marie Thiel. Also performing will be The Wings of Faith folk group directed by Jeff Graves.
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Hillsboro
Water Avenue
St. Joseph Nursing Home
Clark Endicott
Our Savior’s Lutheran Church
Westby
St. Luke’s United Methodist Church
Caledonia St
Kenne Happel
Cheryl Staats
Kenneth Barrett Sr
Rose Marie Thiel
Wings of Faith
Jeff Graves
Cold inland forecast with snow in midwest and rain gulf coast
Cold weather drifts over inland areas Friday with milder readings east and west. Showers move through the central Gulf region and turn to snow in eastern Oklahoma and Kansas and the lower Midwest. Wisconsin sees colder temperatures with light snow or flurries mainly at night in the northwest and mostly cloudy cold in the southeast Saturday. Minnesota and Iowa stay cold with partial sunshine and chances of snow. Flood stage 24 hour reading at Dresbach Dam shows 8800 cfs with steady trend. sunrise at 7 38 am sunset at 4 32 pm.
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Central
Gulf
Oklahoma
Kansas
Lower Midwest
Wisconsin
Minnesota
Iowa
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Karen Olson
Bergan-Mercy Hospital
LaCrosse
Cribune
General Motors Corp
Steve Noffke
Tribune
Art Soell
Dean Archer
Anath Etetete
Kingergarten
Laura Laura
Guideposts Associates, Inc
Yale
Philippine
Coulecration
Tri-State
Dresbach
Dresbach Lock & Dam
Ocely
National Weather Service
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Dept. of Commerce