Auto industry braces for coal strike impact
Detroit reports the auto industry faces possible steel shortages if United Mine Workers strike escalates. GM, Ford, and Chrysler warn steel cuts could trigger plant shutdowns within weeks as coal stocks last up to 10 weeks. Mass layoffs total 68,275 workers as October sales slump.
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Ford works on agenda ahead of overseas trip
President Ford plans to press his legislative package during a week when he is abroad. A breakfast with House Speaker Carl Albert aims at lining up support and gauging Democratic cooperation. He will also meet Austrian Chancellor Bruno Kreisky and strategy with Nelson Rockefeller on his vice presidential nomination. He departs Sunday for a nine day swing including stops in South Korea and a summit with Leonid Brezhnev in Vladivostok.
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Nation's weather stretches from Great Lakes to Atlantic
A band of snow rain and drizzle crosses the nation from the Great Lakes to the Atlantic Ocean with Hancock Michigan reporting one inch of snow. Light rains dampen the eastern Great Lakes to northeastern Florida and drizzle spreads along the Atlantic Coast. Snow tapers in the northern Rockies with up to two inches Monday night and light rain moistens northwestern Oregon. Temperatures range from 71 degrees in Key West Florida to 21 degrees in North Platte Nebraska.
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Resolution to end Cuban isolation at OAS falters
At Quito, 20 Latin American and Caribbean nations and the United States debated ending Cuba's decade-long embargo. The group divided into three blocs with no clear path to a two thirds majority as votes fell short and abstentions lingered.
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Bus shootings amid Kanawha County textbook protests
Two school buses carrying only drivers were hit by shotgun fire near Alum Creek as Kanawha County protests over textbooks escalated. Pickets defied truancy laws while deputies staffed 12 hour shifts. authorities expect low absences as the board returns most contested texts with opt out for dissenting families.
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Ill-prepared for prolonged coal strike hampers economy
A nationwide coal strike threatens to throttle the U.S. economy already weakened by inflation and recession. Milton Ezrati of Chase Manhattan warns the nation is ill prepared to withstand a long stoppage, risking massive layoffs and multimillion-dollar losses across steel, auto, railroad, and power sectors.
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Israeli Troops Foil Guerrillas and Economic Strain Rise
Israeli forces raid southern Lebanon killing three suspected guerrilla collaborators and freeing a village. The incident coincides with domestic protests over austerity as auto makers warn coal shortages could force plant shutdowns and push up car prices. Railroads brace for revenue hits while utilities hold coal stocks to weather a strike.
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Sugar price jump to 3.06 at Louisiana refineries
Five pound bag of sugar rose to 3.06 at Louisiana refineries amid World market concerns. Brokers and industry officials debate supply manipulation and persistent global sugar scarcity driving higher American prices.
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Races still undecided after 1974 elections
Recounts loom in four Senate contests Oklahoma North Dakota Nevada New Hampshire while three House races Nebraska Maine Louisiana also remain unsettled. Edmondson seeks court review of Tulsa voting irregularities. Durkin and Laxalt seek recounts. Alaska wins pending as Hammond leads Egan. Final tallies show Democrats sweeping Governors Senate and House seats.
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