Independent truckers oppose five cent gas tax hike
In Middletown independent truck drivers warn the Reagan plan to raise the federal gas tax may drive some out of business. They cite higher highway use taxes and parts costs, predicting a 12 percent rise in transportation costs and potential price increases on consumer goods.
MENTIONED IN THIS ARTICLE
Middletown
Reagan
Harold Kellis
House of Repesentatives
Senate
Jim Johnston
Owners, Operators and Independent Drivers Association
Oak Grove
Kellis
Truckers
Johnston
Robert Wise
Bob's Truck Service
EST
Pardner
Pardner Automatic
Lorain County
Fed urged to push rates lower amid job ads rise
The Conference Board reports Help-Wanted Advertising Index up to 78 in November, hinting the unemployment rate may have peaked at 10.8 percent. Existing single-family home sales rose to a 2.1 million annual pace, while Congress presses the Fed to cut rates further to spur recovery.
MENTIONED IN THIS ARTICLE
Congress
Federal Reserve Board
Conference Board
East North Central
National Association of Realtors
Association
Fed
Opening stocks rise as gains outpace losses
Stocks advance in early trading with the Dow up to 1,039.64 as gainers lead losers 5-4 on the NYSE in the first half hour. Analysts expect further rate declines, and markets pause for the Christmas holiday with exchanges closed Friday and resuming Monday.
MENTIONED IN THIS ARTICLE
New York
American
Supreme Court allows Union Pacific merger to form giant railroad
The Supreme Court refused to block the Union Pacific Western Pacific and Missouri Pacific merger. Union Pacific president John Kenefick announced the acquisition of the other two lines. The merged system would span 21 states, becoming a major carrier by chemical, grain, auto, and coal volumes.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Warren Burger
Union Pacific
Western Pacific
Missouri Pacific
Burger
Kenefick
Omaha
Neb
Railrads
U.S. Court of Appeals
Puget Sound
Gulf Coast
Pacific Rail Systems Inc
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Chronicle-Telegram
Amy Richards
Business News
Paul Gray
Barb Aitchison
Columbus
Board
Kenneth Goldstein
Rose New York (Ap
Mat Bote
T Reich
Amrcp
BEL
Gdrich Bohr
AllgPo
Goodyr
Alcoa
Pierre R Smith Co
Abrand
GulfOyl Iri
Acme Cleve
AmCan
AmerMachFndry
AmerShip
Acyan Aeipw
Bendix
Mead
National Cry Pout
Celanse
MMM
Ohio Edison
Parker Haanidin
Coca Chryste Searle
Smucker
oiGas
Southern Co
Texas Utilities
Toledo Edison
OhioEd
Union
Pacific Corp
Drest
Tay Faene Woolworth
Eaton
Penney
Exxon
PepsiCo
FMC
Weatt
Pfizer
Larry Ford
Frisch
Ation Wide Insurance
Polaria
Quako
RCA
RatsPur Spiatt Fe Ai Insurance Company
Carambis. Dina
Star Builders
ING
Amherst
Schuenemann Wale
Nets Wars
Setae
Axe
John
THE
Interstate Commerce Commission
Railroad
Atcheson, Topeka & Santa Fe Railroad
Kansas City Southern Railway
Louisiana & Arkansas Railway
Santa
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