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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jan 09, 1975
Page
8
In Bloomfield Hills Michigan the recession hits auto leaders not with layoffs but shrinking bonuses. Executives at GM faced a 1974 pay setback as bonuses decline, affecting charity pledges and social spending in a town famed for wealth.
Walter Lippman dies at age 85 in New York on December 14, leaving most of his 500000 dollar estate to Harvard University. A stepdaughter and a former ward receive 50000 each, and his secretary gets 10000. Papers go to Yale. Ford stock holdings yield 3.20 a share annual dividend. he resided in Grosse Pointe. Meanwhile laid off workers face dwindling unemployment benefits as UAW reports about 1000 workers weekly lose supplemental funds.
In Hamilton Ohio Beltone announces a free replica of its smallest ever hearing aid. The ad invites readers who hear but need help to request the unit at home with no cost or obligation. It weighs under one ounce, sits at ear level, and has no body wires. Recipients may keep the device free.
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