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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 09, 1976
Page
3
In the first five trading days of 1976 the Dow Jones industrial average rose 55.57 points to 907.98, the strongest start since 1938. Analysts cite calendar effects and January liquidity as key drivers, with a rate cut by Chase Manhattan aiding optimism.
Be irut endured the heaviest shelling night of the nine month conflict with an average of three mortars and rockets per minute. Police reported 55 killed and 125 wounded though figures remained incomplete. Gun clashes erupted across districts including Ashrafieh as Palestinian guerrillas pressed to break a Christian blockade and secure food convoys to refugees at Tal Zataar and Jisr el Basha.
The Joseph and Feiss Co resumed partial production at its Keep Court plant in Elyria after seven months of closure. About 40 workers were recalled Monday with at least 100 more to be called back by month end, as upturn in vested-suit sales supports reopening. The plant, five years old, laid off 275 last June and will produce vests for the Cricke teer line.
Common Pleas Judge Donald E. Ziegler held Pittsburgh public school teachers in contempt for defying a back-to-work order. The Pittsburgh Federation of Teachers faces a 25,000 fine, with daily increases of 10,000 if teachers do not return to work by the next scheduled school day.
Nine union leaders including Teamsters president Frank Fitzsimmons quit the administration's Collective Bargaining Committee in Construction after President Ford vetoed a controversial bill. The move casts doubt on Labor Secretary John Dunlop's future, as he weighs resignation amid pressure from labor and management.
Dale Weber of Upper Sandusky, a 51 year old truck driver, claimed the Ohio Lottery top prize and plans to buy a motor coach and a Florida home. He will receive 50,000 a year for 20 years after facing tax advice from an auditor. Winners included Emma Taylor of Bethel who won 100,000 and plans to donate to Oral Roberts campaigns. Other prizeees from Dayton to Ironton shared 50 20 and 10 thousand prizes with a pool of smaller awards for remaining contestants.
In Columbus AP report, PUCO majority believes it can block residential costs from emergency gas purchases for others but fails to reach a decision at open meeting. Debates over tariff amendments and surcharges for industrial customers continue as next session is scheduled.
B F Goodrich Co installed a third monitor in Avon Lake to track vinyl chloride emissions from its plant. The device, placed near Walker and Center streets, will help gauge readings for nearby residents as wind shifts readings from industrial zones toward populated Lake Erie areas. Data collection runs Monday to Friday in eight hour samples, with results to determine if a permanent monitor is needed.
The 1972 visit to China highlighted Chou Enlai as a remarkable leader who left an imprint on the world stage. Born into an aristocratic Mandarin family, he chose revolution, studied in Japan and France, and rose to premier and foreign minister after the 1949 founding of the People's Republic. He later resigned as foreign minister in 1958.
Opening Wall Street reports mixed trading as profit taking offsets inflation outlook gains. The Dow edged lower while many stocks on the NYSE rose. government data showed December wholesale price index down 0.4 percent, with 1975 up 4.2 percent overall. Beneficial Corp fell, Santa Fe Industries rose, Kaufman & Broad held steady, Pittston advanced. The Dow moved to 907.98 after Thursday’s gain, with strong volume around 2903 million shares bolstering activity.
Winning numbers from multiple states listed for the week. Most draws occurred Wednesday with Rhode Island Grand Plan on Thursday. Pennsylvania sets include Baker's Dozen, Double Dollars, Doubler, Lucky Lotto, and other games with various numbers and bonuses. Massachusetts also noted.
Grain prices paid to farmers in Ohio by elevators show varying values across Northeast, Northwest and Central zones with wheat, corn, oats, and soybeans quoted. Local Lorain County figures and regional wholesale egg and dairy notes are included along with modest lottery and trivia lines from the Chronicle-Telegram page.
Raymord G Brown of Norwalk finished second in the Buckeye 1000 drawing earning 10000 dollars. Floyd McDaniel 58 of Baltimore won top prize of 400000 dollars paid as 1000 monthly for life. Other winners included William Chapman Clinton 7500, Marguerite Eley New Madison 5000, Valerie Maxwell Youngstown 4000, Beryl Nalley Columbus 3000, Ora Lawson Covington Kentucky 2000, Nellie Sasso Cleveland 1000. Winning numbers were 125127 for six digit, 97992 super, plus 16 3331 and 71 46 5 as snowflake picks.
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