Upturn expected in steel demand in second half
Industry Week reports a second half rebound in steel demand as car and appliance production rise. Weekly steel output for March 15 fell 2.4 percent to 2.72 million net tons, following a 1.1 percent drop the prior week. Demand for railroad cars remains weak, but rails and other steel needs stay firm.
MENTIONED IN THIS ARTICLE
Cleveland, Ohio
Industry Week
Robert G. Welch
Steel Service Center Institute
Welch
Voluntary blackout protest hits Brownsville residents
Brownsville Oregon faced a voluntary blackout protest as about half of its 1,000 residents participated in an action sparked by electric rate hikes. The event drew AP coverage noting the community's unified stance.
MENTIONED IN THIS ARTICLE
Brownsville
Ore
Willamette Valley
Lucy Thompson
Senate panel flags larger 1976 deficit with higher outlays
Senate Budget Committee staff warn 1976 outlays could reach 356.7 billion, with 7.7 more possible, or 391 billion if committees push programs. Deficit could rise to 93.5 billion from 55.5. Committee to set spending ceiling by April 15. Protesters in Brownsville boycott Pacific Power rate hike with about 350 signatories.
MENTIONED IN THIS ARTICLE
Washington
Ford
Senate Budget Committee
Edmund S. Muskie
Dmaine
Congress
Senate Legislative Committees
Senate
Brownsville
Pacific Power
Ohio-Sealy reports first quarter 1975 sales drop
Ohio-Sealy Mattress Manufacturing Co. posts lower first quarter results ending February 28 with sales of 5.446 million versus 6.707 million a year earlier and earnings of 93 thousand or 4 cents per share compared with 778 thousand or 35 cents per share. The Middletown plant remains in operation.
MENTIONED IN THIS ARTICLE
Ohio-Sealy Mattress Manufacturing Co
Middletown
CG&E declares dividend and plans new stock and bonds
Cincinnati Gas and Electric Co. declares a regular quarterly dividend of 41 cents a share payable May 15 to record holders April 15. The board authorizes registration statements for 2.3 million shares of common stock and $60 million in first mortgage bonds to be issued around April 29 to retire existing bonds and fund construction.
MENTIONED IN THIS ARTICLE
Cincinnati
Cincinnati Gas & Electric Co
Securities and Exchange Commission
Stocks drift through mixed gains on New York trading
New York stocks edged higher with gains in several industrials while tech and consumer names wavered. Major names including American brands and General Electric showed modest moves as traders awaited afternoon results and economic cues.
Local market notes show mixed price bids and percentages
At 1 a.m. prices supplied by Hayden Stone Inc list Armco Steel at 29 and Armco Ptd. at 22 while CG&E posts 16 percent and Crystal OP&L 26 percent. Inland 26% and Sorg 5S appear with square 0 noting West Regis mas Tex Eastern 28% First Bancgroup bid 3 and First National bid 34 2 4.
MENTIONED IN THIS ARTICLE
Hayden Stone Inc
Aeroncase Air Products
Armco Steel
Armco
Cedar Point chief moves forward with Michigan park plan
Cedar Point Inc. president Robert Munger says a 240 acre amusement park will be built in Michigan's Irish Hills near Onsted despite local opposition. He notes other southern Michigan sites are being considered but Lenawee County remains preferred though residents warn of road burden and pollution risks.
MENTIONED IN THIS ARTICLE
Sandusky, Ohio
Robert Munger
A Cedar Point Inc
Michigan
Irish Hills
Munger
Lenawee County
Onsted
Trash fire crews quell blaze on farm trailer in Madison Township
Firefighters responded at 9 10 p m to 604 Sheffield Road where a trash loaded farm trailer caught fire endangering a nearby residence. Fire Chief Robert Ledford said hot coals in a container sparked the blaze and it was extinguished before heavy damage. The trailer owner is Elbert Profitt.
MENTIONED IN THIS ARTICLE
Madison Township
Sheffield Road
Robert Ledford
Elbert Profitt
Library to show Panda and the Magic Serpent
The Middletown Public Library will present the color cartoon Panda and the Magic Serpent with sound on Wednesday at 6 p.m. The hour long film is open to the public and presented by the children's department in the Community Room.
MENTIONED IN THIS ARTICLE
Middletown
Children’s Department
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