GM profit slip makes Exxon No. 1 corporation
Detroit AP reports GM’s 1974 performance slipped with earnings per share down and total profits lagging Exxon while the Arab oil embargo and recession influenced results. GM posted annual sales of about 215 billion with a 50 million profit, citing higher costs and delayed price increases.
MENTIONED IN THIS ARTICLE
Exxon
Detroit
Wwe
Exxom Corp
Enother
Willben Am
Dallas
Tulban
Child learns about death in kindergarten fire aftermath
A Fremom News Messenger correspondent recounts explaining death to a 5 year old after a fire killed Gary Davin and his sister Tara. The adviser notes the child's questions, the need for honest words, and how death shifts fear into a fragile understanding of life and heaven.
MENTIONED IN THIS ARTICLE
Anita Appelhaams
Fremom News
Messenger
Stephen Michell
Gary Davin
Hes
Tora 4
Woodville
Ohio
Gary
Stephene
Stephen l
Tara
Indonesia Shifts on Vietnam Demarcation Lines
U S diplomats say Indonesia has explored possible division of South Vietnam along demarcation lines between Viet Cong and Saigon forces. Paris accords allowed demarcation, but the Communists refused. Indonesia, Iran, Poland and Hungary were named to supervise a ceasefire as talks stalled after 1973.
MENTIONED IN THIS ARTICLE
Washington
Indonesia
North
South
Vietnam
Saigon
United States
South Vietnam
Iran
Poland
Hungary
Hanan
Dapealit
Hane
Sagem
Capalah
Jakarta
Poliical
Viet Cong
Higher Social Security taxes proposed by ex head
Robert M. Ball former Social Security commissioner urged higher payroll taxes on upper incomes as the best fix for multi billion dollar deficits. He warned against using general revenues to fund Medicare arguing it could erode benefits and create a welfare program. Ball advised returning to a $24,000 wage base in 1977 with earmarked Medicare revenue to fund retirement benefits.
MENTIONED IN THIS ARTICLE
Washington
Social Security Administration
Robert M. Ball
Richard M. Nixon
Ball
National Academy of Sciences
Bail
Congress
Nixon
Ford
Common Cause Aims at White House Reform Efforts
Common Cause, the reform group, plans a two pronged push targeting the executive branch and presidential elections. Chairman John Gardner says the effort will monitor the executive agencies and lobbying influence while examining the electoral college nominating process term lengths and voter participation.
MENTIONED IN THIS ARTICLE
Washington
Common Cause
Citizens Group
Congress
White House
Executive Branch
John W. Gardner
Gardner
Baker weighs 1976 run as Ford risks exit
Sen. Howard Baker says he is exploring a possible 1976 presidential bid contingent on Ford not running. He notes changed campaign finance rules lessen incumbents’ edge and has held casual talks with about 30 GOP senators and figures. No committees or fundraising launched. no talks with Ford.
MENTIONED IN THIS ARTICLE
Washington
Howard H. Baker Jr
Ford
Baker
Harns
Tennessee
Chaiman
Senate Watergate Committee
GOP
New Hampshire
Menominee Indians surrender after 34 day estate occupation
A band of about 40 Menominee surrendered to Shawano County authorities after a 34 day occupation of a backwoods estate in Gresham Wisconsin. The demonstrators were transferred by National Guard and school buses to the Shawano County jail amid cheering supporters. A health and education facility for the tribe was part of the surrender agreement. Two people were wounded during the takeover and gunfire was reported. Local authorities declined comment on charges.
MENTIONED IN THIS ARTICLE
Gresham
Wis
Shawano County
National Guard
Ted Boyd
Boyd
Marlon Brando
Herbert Carr
Ford's public standing slips in Harris Poll
New York AP report shows President Ford with a record low in the Harris Poll. Today’s survey finds his popularity down ten points from last month as 72 percent say he failed to keep the economy healthy. Fifty one percent say he does not inspire confidence and 22 percent say he did, with 10 percent unsure.
MENTIONED IN THIS ARTICLE
New York
Ford
Harris
Mixed reactions to proposed 1976 budget deficit
New York AP report notes Ford administration pegs 1976 deficit at 52 billion, about 3.2 percent of projected GNP, with 1975 at 35 billion. Liberal economists praise candor. conservatives fear higher future rates, potential bond market strain, and housing credit squeeze amid slow recovery.
MENTIONED IN THIS ARTICLE
New York
Raymond L. Saulnier
Dwight D. Eisenhower
Michael Sumichrast
National Association of Home Builders
Also Mentioned on This Page
American Maters Corp
Ford Mater Co
Chrysler Corp
As Efen
By Anitrappelhans
South Viet
Kissinger
Sen. Baker
Presidency
the & Carpet
Cerevex
U.S
Dailey
C. B. Cle & Son
Benal
Coltere i Semper
Weterce
Cemonen
National News
Che Frederick
Frederick, Md
Federal Reserve
Laulnier
Walter Heller
John F. Kennedy
Lyndon B. Johnson
Ash
Thurmont Bank
Frederick
Patrick Street
FDIC
Deryeae
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