Ford tax cut plan sparks energy battle in Congress
Washington lawmakers debate an energy tax plan tied to a broad tax cut. Republicans praise the package as dramatic, while Democrats urge most relief go to low and middle income families. House Speaker Albert promises action within 60 days.
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Albert
House
Mosher impressed by Ford plan and energy program
Rep. Charles A. Mosher of Ohio said Ford's address presented a big varied economic and energy program that is coherent and impressive. He generally approved the plan's aims including an income tax rebate and higher auto mileage, and saw no irreconcilable differences with Democratic proposals.
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Charles A. Mosher
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Rock promoters face inflation and audience erosion
Promoters survey a shrinking rock scene as inflation trims teen budgets and attendance falls 25 to 40 percent. Howard Stein predicts few solvent promoters remain by spring while Ron Powell and Bill Graham warn mid-range acts suffer a downturn though superstar tours may endure. Jerry Weintraub sees no economy trouble for big stars amid higher ticket prices. In Washington, the Supreme Court rejected a 1972 prem teen arrest case involving Liddy, with court action continuing on his appeal.
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Bill Graham
Harrison
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Liddy
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Fisher-Fazio opens new Amherst Plaza supermarket
The grand opening at Fisher-Fazio's newest store in Amherst Plaza Cooper Foster Road and Rt. 58 showcased a 33,830 square foot market with in store bakery deli and flower shop. A wine cellar to open once liquor permit is issued about ten days away. staff expected around 125 employees.
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Fisher-Fazio
Amherst Plaza
Cooper Foster Road
Rt. 58
Efran Torres
Reward fund grows in hunt for rock hurler
Lorain County residents rally to fund reward for information leading to the arrest and conviction of the rock thrower after Miss Ulmer’s brain surgery. Donations include 30 from Lorain County Treasurer J Keys and 25 from Pioneer Federal Savings and Loan Assn. Contributions are sent to Cherie Ulmer Reward Fund C/O Doug Kramer Chronicle Telegram Elyria Ohio.
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C-T
Office of Lorain
J. Grant Keys
Pioneer Federal Savings and Loan Assn
Cherie Ulmer
Doug Kramer
Chronicle-Telegram
Fast Avenue
Elyria
Tax cut now will mean tax hike says expert
SACRAMENTO Calif inks- Any tax refund as prope by President Ford willae to be paid for with a future tax increase but Americans should still spend the money rather than save it says Bank of America's top economist Walter E Hoadley executive vice president of the world's largest commercial bank in a speech before a civic group. He warned no free rides and urged readiness to pay higher taxes when the economy improves. He forecast inflation around 9 percent this year and a rebound this fall unless policy erodes momentum. Greenville city school officials began filling about 120 positions after firing teachers for striking. those who did not apply for retirement by the deadline became unemployed.
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Area business notes show local publishers and dividends
Gowe Printing of Medina bought all outstanding shares of Wadsworth Publishing, publisher of the News Banner, with no Gowe stock issued. Gowe owns Seville Chronicle and County Line of Brunswick. Obie Edison Co says part of 1974 dividends is tax exempt as a return of capital. Four cents per share exempt in first quarter. Also notes large distributions to employees across Zayre stores and Sears figures, plus college grads’ job prospects per Finance Facts.
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Market opens lower amid Ford outlines and grain quotes
New York trading opened lower as analysts weighed President Ford's economic and energy plans. In Ohio markets, cash grain prices fell with No 2 wheat at 3.87 in Northeast, soybeans 6.27, and corn 3.08 unchanged. traders also noted livestock figures from Creston and Marysville and a Columbus market update.
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Please Mr. President hit record by 10 year old Paula Webb
Detroit tale tied to job losses and family strain anchors a new single by Paula Webb. The 10 year old sings of her father Paul a country singer and her mother Glenda an auto worker laid off at Ford. Randall Carlisle of Windsor promotes the record as a hopeful plea to the president with a North American release.
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Bendix
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Emerton
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Kewanee Oilway
Koehring
Lear Siegler
Mid-Continent
Ith
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Smucker Row
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Toledo Edison
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Ont
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