AMA to form national reinsurance firm amid malpractice crisis
At the 124th AMA annual convention in Atlantic City delegates voted to create an AMA reinsurance company to back primary insurer plans by state medical societies. Setup costs total 20 000 with 1 500 000 in reserves and initial participation from at least five states. Dr. Richard E. Palmer was elected president elect as the group faces financial strain and IRS tax disputes over ad revenue.
MENTIONED IN THIS ARTICLE
Atlantic City
N.J
American Medical Association
AMA
Malcolm C. Todd
Long Beach
Calif
Internal Revenue Service
Richard E. Palmer
Alexandria
Association
July Fuel Adjustments Raise Monroe Electricity Rates
Monroe residents will pay more in July as fuel adjustments raise electricity costs while gas charges drop from May consumption. Director Roy Lange notes intrastate gas use and higher electricity demand drive the rise. base rates remain unchanged and bills will show fuel adjustments separately for clarity.
MENTIONED IN THIS ARTICLE
Monroe
News-Star
Monroe Utilities Commission
Roy Lange
Lange
Commission
United Gas Pipe Line Co
Ford Forms The President Ford Committee for 1976 Bid
Washington AP President Ford's election committee came into legal existence today as Dean Burch registered it with the Federal Election Commission. It is named The President Ford Committee. The President authorized the committee to raise funds to further his nomination for a four year term starting in 1976.
MENTIONED IN THIS ARTICLE
Washington
Ford
Election Committee
Dean Burch
Federal Election Commission
President Ford
Breauxs Welcome In Twin Cities Community
Chit Chat greets Darrell Breaux a pharmacy student at Northeast Louisiana University and Betty Breaux an employee at Ouachita Parish Health Unit as they relocate from Lafayette to the Twin Cities.
MENTIONED IN THIS ARTICLE
Chit Chat
Darrell
Betty Breaux
Twin Cities
Northest Louisiana University
Betty
Ouachita Parish
Lafayette
Mrs Curtis Kelly Celebrates Birthday at Home
A birthday celebration for Mrs. Curtis Kelly of 1309 Mack Street West Monroe is noted with friends and relatives on her special day. The brief mentions the event on page 6 A.
MENTIONED IN THIS ARTICLE
Curtis Kelly
Mack St
West Monroe
Grambling President Admits Promoter Losses on Games
Grambling State University president R W E Jones told board representatives that the school lost 243000 on the Washington game and 64000 on the Kansas City game, while earning 1.4 million from other promotional games over six years. He defended the program and noted 193000 profit from four other games in 1972, and said permission existed to move football money through the Grambling College Foundation Inc. A state auditor’s report criticized diverting 620000 to the foundation and questioned missing records and uncollectible student accounts receivable.
MENTIONED IN THIS ARTICLE
Baton Rouge, la
Grambling State University
Board of Regents
Grambling
Washington
Kansas City
R.W.E. Jones
Jones
Simarly
Old State Board of Elementary and Secondary Education
Grambling College Foundation, Inc
Legislative
Joe Burris
Foundation
James A. Noe
Bill Cosby
State Board of Education
Burris
River Stage Readings Change at Station and Town
River stages show a drop with readings at Monroe 40 feet and Camden 26 feet. Station data record a 0.2 to 1.5 foot fall across listed points indicating declining flood levels.
MENTIONED IN THIS ARTICLE
Monroe
Camden
West Monroyans Report UFO Sighting Near Interstate 20
Mr and Mrs Earl Turnbow of the Claiborne Community near West Monroe say they saw a circular orange glowing object skimming treetops along I 20 early this morning. The family watched it for several minutes then it shot away and hovered near an oil rig before vanishing, prompting police to check but offer no confirmation.
MENTIONED IN THIS ARTICLE
Earl Turnbowl
Claiborne
West Monroe
Louisiana State Police
Monroe
Cheniere
Forsythe Park
Turnbow
Luna
New National Appeals Court Plan Unveiled
Washington AP report detailing a congressionally authorized study proposing a National Court of Appeals. The seven member body would hear about 150 cases yearly and transfer cases from 11 circuit courts or via Supreme Court referral with decisions reviewable by the Supreme Court. Ford and Burger support study. three justices oppose.
MENTIONED IN THIS ARTICLE
Washington
National Court of Appeals
Ford
Warren F. Burger
Supreme Court
Burger
Congress
Circuit Courts of Appeals
Hruska Commission
Weather Today in Twin Cities Cloudy and Warm
Residents may see cloudy skies today tonight and Saturday with a chance of afternoon or evening thunderstorms. Highs near 90, lows around 70, southeast winds 5 to 10 mph. FAA at Monroe Municipal Airport logged high 90 and low 71 with no rainfall in the last 24 hours.
MENTIONED IN THIS ARTICLE
Twin Cities
FAA
Monroe
Louisiana
Prices Rise Moderately in May as Inflation Eases
Washington AP reports consumer prices rose four tenths of a percent in May, continuing a moderating inflation trend. The 12 month rate dipped below 10 percent, with gains in gasoline, beef, and meat offset by declines in many foods, new cars, and mortgage rates. Real spendable earnings rose 4.4 percent due to tax cuts. Sidney L. Jones warns the major challenge is financing a $4 to $4.5 trillion investment by 1985, while Frederic W. Hickman notes potential tax changes to aid business.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Sidney L. Jones
Treasury Department
Frederic W. Hickman
Treasury
Ford Administration
Israel’s Annexation Plan Rejected by Egypt and Syria
Egypt and Syria dismissed Israel’s Rabin labor party proposal to annex Gaza and the Golan Heights. Egypt’s Kamal Abdul Magd denounced it as a vacuum move, while war minister Albael Ghany Gamasy warned of ongoing vigilance and sacrifice to recover occupied Arab lands and Palestinian rights.
MENTIONED IN THIS ARTICLE
Associated Press
Egypt
Syria
Gaza Strip
Golan Heights
Yitzhak Rabin
Labor Party
Israel
Middle East
Kamal Abdul Magd
Albael Ghany Gamasy
Bar Lev
Rail Clerks Delay Strike Agreement Reached
Washington AP The railway clerks union agrees to postpone its nationwide strike to July 21 after all-night talks fail to settle the contract dispute. W J Usery Jr BRAC C L Dennis and William H Dempsey shuttle between sides during negotiations with revised wage and cost of living demands.
MENTIONED IN THIS ARTICLE
Washington
Railway Clerks Union
W.J. Usery Jr
Ford Administration
Usery
Brotherhood of Railway and Airline Clerks
BRAC
George Ives
National Mediation Board
C.L. Dennis
William H. Dempsey
National Railway Labor Conference
Dennis
Chuckle Advice to College Students
A lighthearted note urges students to be kind to their parents after they pay for tuition. It reminds that parents are their main support and will be all they have once they graduate.
Bread Price War Grips Lynnwood Stores
A week long bread price war in Lynnwood Washington starts with a 99 cent deal dropping to 96 cents for three loaves and by Wednesday morning bread tabs hit 10 cents a loaf. Stores scramble to restock while managers warn of losses as customers flood bakery aisles and workers face nonstop demand.
MENTIONED IN THIS ARTICLE
Lynnwood
Wash
Jim Spaulding
Tony Wilde
Farmer's Market
Sid Pollestad
Albertson's
Giancana Found Shot Dead in Oak Park Home
Sam Giancana longtime Chicago crime figure linked to alleged CIA plots to kill Fidel Castro was shot to death in Oak Park. Police reported six .22 shell casings found, $1400 on his body, and ruled out robbery as a motive. FBI joined the investigation.
MENTIONED IN THIS ARTICLE
Oak Park, Til
Sam Giancana
Chicago
Fidel Castro
Giancana
Oak Park
Wilbur Reichert
Reichert
Joseph DiPersio
DiPersio
FBI
Phyllis McGuire
Las Vegas
al Capone
John Roselli
CIA
Castro
Richard Bissell
Central Intelligence Agency
Bay of Pigs
Cuba
CTIA
U.S
Also Mentioned on This Page
Via
The
Utilities Commission
Election Group
Happy
Education Department
Wayne Landry
West
Charles Walker
Tyler Vail
Charles Vail
Magnolia Drive
Town and Country Subdivision
Tyler
Tom Talley
National Appeals Court
Inside the News-Star
Abby
Lowman
Radio-Tv
van Dellen
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