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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Oct 31, 1974
Page
4
Jefferson City Missouri two amendments appear on the ballot Tuesday. Amendment One aligns Missouri law with federal standards by lowering the voting age to eighteen and requires thirty days residency in the state city or county.
The Mexico Audrain County Library announces new acquisitions across fiction and non fiction. Notable fiction includes The Double Death of Frederic Belot and The Tiffany Caper while non fiction features Great Religions of the World and Traveller's Guide to Africa. The reader community will find titles by Heinlein, Norah Lofts, Joseph Purtell, Louis Untermeyer, and many more, alongside aids like Federal Tax Forms and the Hand book of Chemistry and Physics. Also noted are upcoming vote residencies and constitutional amendment discussions affecting local governance and bonds.
Kansas City area wage talks ease after Teamsters Local 955 and Fleming Foods and Associated Wholesale Grocers settle for 80 cent, 57.5 cent, and 50 cent hourly increases over three years, with picketing continuing at Safeway and Milgram outlets and talks pending with Safeway Stores. Local 955 represents about 1,000 workers in five counties.
Three Episcopal priests bless the offerings during consecration of Holy Communion at Riverside Church in New York. Ford Motor Co reports third quarter 1974 profits down 51 percent despite a 21 percent rise in sales volume, citing economic crisis, rising costs, labor disputes, and parts shortages. Worldwide sales exceed $6 billion. first nine months net income $339 million on $17.5 billion in sales. Ford's per share earnings 51 cents in Q3, 3.62 for nine months. General Motors profits drop to 16 million. Chrysler posts a 8 million loss. Major layoffs and spending cuts planned: Ford 950 layoffs, GM 6,000, Chrysler 620 plus.
President Ford launches a final six-state Western swing after logging about 17 000 miles and campaigning in 16 states. He will rally in Los Angeles and Fresno for Representatives Wiley Mayne and Robert B. Mathias, attend fundraisers and a White House Conference in Portland, then reach Salt Lake City Grand Junction and Wichita before returning to Washington.
The base for Social Security taxation will increase from 13 200 to 14 100, affecting about 19 million workers. Employer and employee rates stay at 5.85 percent and 7.9 percent for self employed, with higher maximums and added annual tax impacts. The change, approved by Congress, boosts future benefits and is expected to bring in about 1.8 billion dollars more next year.
Washington AP reports Betty Ford, wife of the President, will probably not accompany him on the Japan voyage after breast cancer surgery a month ago. White House physicians previously indicated she was unlikely to travel Far East.
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