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Newspaper
Port Lavaca Wave
Location
Port Lavaca, Texas, United States of America
Date
Oct 03, 1975
Page
6
In Philadelphia, a business report notes corner filling stations once thriving with pennants and giveaways face slipping sales and eroded customer loyalty. Consumers now find self service, tacos, bike repair and car washing as new draws.
A House subcommittee attacked automatic fuel adjustment clauses as unfair and unnecessary saying they have driven much of the 1974 electricity price rise. The report advocates abolishing such clauses in 43 states, noting they curb efficiency incentives and lead to overcharges. Also discussed are oil market controls and independent gas stations facing uncertain futures.
New York stock averages advance with the Dow up 6.22 to 800.77 as traders cite a sharp drop in the money supply and bets that the Fed will refrain from aggressive tightening. NYSE indices gainers lead decliners 3 to 1 with Occidental Petroleum among leaders amid a Libyan dispute and broader gains across major issues.
A reader friendly note on a cryptogram style crossnumber puzzle with clues. The page shows a sample cryptoquote and yesterday's quote attributed to Ernie Pyle, highlighting letter substitutions and wordplay.
A reader vents about missing calls, describing a twisted ankle from rushing the phone on a porch. The letter urges readers to let the phone ring ten times before hanging up to allow the caller time to answer, noting six second intervals and basement or attic delays.
Welfare Commissioner Raymond Vowell told the House Health and Welfare Committee Blue Cross calls Medicaid administration a private business. He cited a $60,000 monthly admin cost and noted the 202 million dollar annual program funded by state and federal money. The panel reviews the contract as Blue Cross extends it 90 days amid scrutiny.
Lynette Fromme, 26, a follower of Charles Manson, had bail kept at 350000 after appeal court upheld lower court. She is to stand trial November 4 in Sacramento on charges of aiming a loaded gun at President Ford during a Sept. 5 walk through a crowd.
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