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Middletown Journal in Middletown, Ohio

19 Jun 1975

Page 16

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Middletown Journal June 19, 1975 Page 16 old newspaper archives

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Newspaper

Middletown Journal

Location

Middletown, Ohio, United States of America

Date

Jun 19, 1975

Page

16

Treasury Secretary Simon balances family amid two homes

Morristown New Jersey AP Treasury Secretary William E. Simon has seven children Bill 23 Peter 21 Mary 20 Leigh 17 Aimee 14 Julie 11 and Katie 7. The Simons live in a 17 room Morris County home and a McLean Virginia residence. He plans to remain in Washington until 1977 and spends limited time with family when possible.

MENTIONED IN THIS ARTICLE

Morristown N.J Treasury William E. Simon Carol Simon Bill Peter Mary Leigh Aimee Julie Katie Wall Street Washington Salomon Brothers Simons Morris County McLean, Va
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Accounting methods cut corporate losses for Ford and Chrysler

Ford Motor reduced a first quarter loss from 105.8 million to 10.6 million and Chrysler cut a 116.9 million loss to 94.1 million by switching to the flow through method of investment tax credits. The change ends amortization of tax credits, allowing the full benefit in year one.

MENTIONED IN THIS ARTICLE

Ford Motor Chrysler Corp
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Gradual recovery seen but no speedup for economy

The AP reports that the economy will likely gain a faint breeze later this year but speed records are unlikely. Unemployment may worsen before improving, inflation could persist though lower, and recovery from the low point will not be evident in all measures. Consumers remain cautious and autos and housing show hedged forecasts.

MENTIONED IN THIS ARTICLE

New York Treasury William Simon Congress
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Also Mentioned on This Page

Financial Accounting Standards Board Lennox Monroe S. Main St Ohio Dasons Home Center Grand Ave Ben Franklin Milton’s Donut Shop Charles St DuPont America Georgia Pacific Benotes Verity Pay Clotex
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