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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Feb 02, 1970
Page
11
Pan American World Airways announces a 147 percent jump in passenger traffic in 1969 on its West Germany to West Berlin routes, carrying 2,969,696 passengers. Jet airliner traffic rose 74 percent on the same routes, with Pan Am operating Boeing 727s shared with Air France and British European Airways.
A local IRS column answers common tax questions. Topics include dependents, estimated tax forms, missing W-2 copies, interest reporting, Social Security benefits, medical expense deductions, and Schedule A usage. It notes that 33 million acres of New York public lands are open to hunting.
Ford showcases 1970 Mustang models with six variants and three roof styles including SportsRoof and Hardtop. Nine engines offer choices for performance luxury or economy across the new lineup. Aimed at buyers seeking customization and sport appeal.
American Motors unveils the 108-inch wheelbase Hornet in two and four door forms along with seven Ambassador models six Rebels two Javelins and the AMX. New engineering includes twin ball joint front suspension anti theft lockable steering column and improved energy absorbing steering. A low fuel warning light and rim blow steering wheel appear across models.
December quarter earnings among 112 companies rose 5 percent from 1968 in early reports, with gains outnumbering declines 2 to 1. Analysts note managements may delay bad news, while indicators hint at a slowdown and effects may take six months to appear in the economy.
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