Soviet Union ends trade pact and emigration talks
Secretary of State Henry A. Kissinger says the Soviet Union killed a major trade agreement with the United States and nullified any understandings to relax emigration restrictions for Russian Jews.
15 Jan 1975
Page 1
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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jan 15, 1975
Page
1
Secretary of State Henry A. Kissinger says the Soviet Union killed a major trade agreement with the United States and nullified any understandings to relax emigration restrictions for Russian Jews.
Occidental Petroleum reports that its agreements with the Soviet Union on fertilizer plant construction and a trade center remain active despite the nullification of the 1972 Trade Agreement. Financing is in place and the overall deal was valued up to 20 billion dollars.
The Labor Department reports December wholesale prices dropped five tenths of a percent led by lower agricultural prices, offsetting a small rise in industrial commodities. For 1974 overall prices rose 20.9 percent, the largest annual gain since 1946.
President Ford seeks Congress approval to raise oil and natural gas taxes and boost imported oil tariffs, aiming to lift gasoline by about five cents per gallon. He plans standby authority to ration fuel if prices fail to curb demand, part of a broader energy and tax reform package announced after a yearlong study.
Gov. James A. Rhodes remained ill at home for a third day with a fever over 100 degrees. His secretary Emma Scholz said his condition improved and expected him to be in tomorrow after his inaugural address in cold weather at the statehouse.
Cloudy skies cover the Middletown area tonight and Thursday with a chance of snow tomorrow. Lows in the 20s and highs in the mid 30s. Yesterday’s high 25 and overnight low 18 with 5 inches of snow recorded. Extended outlook calls for fair skies Friday and Saturday and a chance of rain Sunday.
Firemen evacuated 28 residents from the Glass Nursing Home in Avondale Cincinnati after a second floor blaze. Several patients were hospitalized. no serious injuries reported and damage estimate not yet available.
Oil workers at Amoco threaten a 12:01 a.m. Thursday strike across refineries and terminals in Wyoming Utah Texas Missouri North Dakota Indiana Iowa Minnesota Illinois unless a new contract is reached. The union says 4700 workers are involved and cites no progress in bargaining.
Seventeen year old Terry Shrout, Edgewood High School junior, spent over 800 dollars on four ounces of gold from Rogers Jewelers as an investment saved over three years. His mother notes a saver’s instinct and family support while the store records astonishment at the cash purchase.
Five month old Tracy Wax died after being mauled by a mongrel dog while asleep on a living room pallet. Norman Wax found the scene and rode to hospital with the infant. The dog and its two newborn puppies were removed. the dog was destroyed.
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