Lack of crude oil blamed for shortfall
Energy Secretary James R. Schlesinger told the House Ways and Means Committee the current refinery underutilization stems from crude oil availability rather than an oil industry plot. He noted U.S. refineries run at about 85 percent capacity as the administration plans to phase out federal oil price controls starting in June. He advocated a Carter tax to curb windfalls after decontrol, while awaiting Charles L. Schultze’s economic briefing on decontrol effects.
MENTIONED IN THIS ARTICLE
Washington
James R. Schlesinger
Schlesinger
House
Ways and Means Committee
U.S
Carter
Charles L. Schultze
Ed Jenkins
D-Ga
Sehlesinger
Energy Department
Carter Administration
Savings Bonds rate up to 6.42 percent for matured holdings
The Treasury boosted the interest rate on U.S. Savings Bonds for the first time in 54 years, effective June 1, raising from 6 percent to 6.44 percent for bonds held to maturity. Carolyn M. Johnston of the Savings Bond Division said statisticians are calculating the impact in dollars for holders. The report also notes oil price controls, potential gasoline cost rises, and ongoing debates over decontrol and inflation.
MENTIONED IN THIS ARTICLE
U.S
Carolyn M. Johnston
Savings Bond Division
Treasury Department
Water rate increase outlined for 18,000 gallons
Mrs. Rice explains the water and sewer charge totaling 64.32 dollars, producing about a five percent rise for an 18,000 gallon usage. The calculation shows a 3.12 dollar increase over the current bill of 35.20, with the minimum charge remaining 15.00 and 66 cents added for the next 6,000 gallons.
Frederick County housing growth seen steady despite migration shifts
County planners expect housing starts to rise on local demand even if Montgomery County migration slows. Urbana leads 1978 growth at eight percent, followed by Walkersville and Frederick City, while Adamstown and Thurmont lag. New housing mostly comes from existing developments, with Fountaindale and Green Valley seeing significant adds. industrial activity may rise as more industrial land becomes available.
MENTIONED IN THIS ARTICLE
Caida Chan
Frederick County
Montgomery County
Shaw
Urbana
Walkersville
Adamstown
Thurmont
Frederick City
Burkittsville
Myersville
Woodsboro
New Market
Mount Airy
Carroll County
Emmitsburg
Middletown
Fok
Fountaindale
Discovery
MD. 194
Greenbrier
Green Valley
Evergreen Point
Frederick
Francis Scott Key Mail
Weinberg Skate-A-Thon Pledges Urged for Fundraiser
Participants in the April 10 11 skate a thon to benefit the Weinberg Center are urged to collect and turn in pledges promptly. Checks may be mailed to the Arts Council PO Box 209 Frederick or given to Gil Adam son at Braddock Roller Rink which provided the facilities.
MENTIONED IN THIS ARTICLE
Weinberg Center
Arts Council
Frederick
Gil Adamson
Braddock Roller Rink
City considers siding on house at 349 W Patrick St
Commission Chair G Bernard Callan Jr announced a special meeting within two weeks to review siding matter after materials arrive from Maryland National Trust and Park Service. Also approved Jane Sandlin’s permit to remove awnings and repair shutters, Marie Bonner’s driveway backtop, and discussed sidewalk authority with research planned.
MENTIONED IN THIS ARTICLE
Ed Partie
W. Patrick St
Commission
G. Bernard Callan Jr
Maryland National Trust
The
Park Service
Hast
Jane Sandlin
N. Market St
Marie A. Bonner
E. Fourth St
Julia Hanna
Callan
Annapolis
Weekend Showers In Frederick County Forecast
Cloudy Friday morning in Frederick County with light rain and mist. The high Thursday reached 69, still far below the May 1925 record of 100. Tonight partly cloudy, warm through Saturday with a chance of thunderstorms and weekend highs in the 80s. Sunday to Tuesday warm and humid with possible thundershowers in the mountains. highs in the 80s, lows around 60.
MENTIONED IN THIS ARTICLE
Frederick County
Maryland
David Lacher
Byron seeks fair gas ration plan amid regional disparities
Maryland Virginia and the District would receive more gasoline under a DOE plan based on historical use, drawing rural states into a contentious allocation. Rep Byron reports heavy opposition with about 200 letters, urging a need based approach rather than the president's plan, while urging administration to address pricing and shortages. Cyrus Eaton, Cleveland capitalist, dies at 95, praised by Carter for aiding detente as his fortune and political stance shifted over decades.
MENTIONED IN THIS ARTICLE
Maryland
Virginia
District of Columbia
Department of Energy
West Virginia
Pennsylvania
Byron
Dian Byron
Cleveland
Cyrus Eaton
Soviet Union
Eaton
Carter
Acadia Farms
Northvield
Nova Scotia
United Mine Workers Union
John L. Lewis
Phillip Murray
Congress of Industrial Organizations
City repairs traffic light at busy Frederick intersection
City crews removed the stop light at the junction of West Patrick Street Narva Avenue and Kline Boulevard for repairs. Police spokesman Richard J. Ashton said the light was taken down Thursday morning to replace a deteriorating pole and that maintenance will be done. Stop signs remain in place and the light is to be replaced by Friday May 18.
MENTIONED IN THIS ARTICLE
West Patrick Street
Narva Avenue
Kline Boulevard
May
Richard J. Ashton
Frederick City
Ashton
Also Mentioned on This Page
Louise Cook
Associated Press
Braddock Heights
Frank Wachter
Frederick Mamonal Hospital
Weinberg
Ross
Ie Oringer
Ally Borel
Electrophoni
BSR
Woolco
Tappan
Winegar
Winegard
Antenna Pricadi
Famous Maker
SANYO
Soiny
Ned
Hoover
Attechy
Hanan
Tere
Gury Eeed
Ick
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