Local car dealers ride rebate wave in February sales
Elyria dealers report strong interest in Chrysler and GM rebates on 1975 models. Lincoln Continental and Mark IVs sell well. dealers note higher overall volume, few rebate cars left, and customers delaying delivery to maximize rebates. GM matches Chrysler timing with nine model plan through February. AMC remains rebate-free and faces weak sales.
MENTIONED IN THIS ARTICLE
Spitzer
Dodge
Elyria
Newton
al Cole
St Gary Dodge
Lorain
Cole
Chrysler
Corporation
Terry Tracy
Stang Motor Sales, Inc
AMC
Cleveland
Tracy
Cherie Ulmer reward fund tops $3,000
The Chronicle-Telegram fund for information leading to Cherie Ulmer's killer has surpassed 3000 dollars with a total of 3198 dollars raised today. Local donations came from Elyria residents Riverview Plaza and staff at Eastern Heights Junior High School.
MENTIONED IN THIS ARTICLE
Cherie Ulmer
Chronicle-Telegram
Miss Ulmer
Elyria
Riverview Plaza
Lorain Metropolitan Housing Authority
Elyria Beauty Academy
East Ave
Eastern Hele Junior High School
Princ Kenneth Manors
Highway Patrol
Frank Nedreski
Berea Post
Ulmer
Wanda Combs
Purdue Ave
Carolyn Yanik
Avon Belden Road
R. F. Ceramic Supply
Center Ridge Rd
No anesthesia saves man after heart stab in Santa Monica
Herman Paulk, stabbed in the chest, was operated on without anesthetic as doctors opened his chest, held him down, and sewed the wound. Dr. William G. Plested led the effort. Paulk survived the emergency despite initial reports of death. Hospital officials and staff described the operation as extraordinarily coordinated and rare.
MENTIONED IN THIS ARTICLE
Santa Monica
Calif
UPI
Herman Paulk
Paulk
Santa Monica Medical Center
William G. Plested
Plested
Janesta Janzen
San Bernardino
Palisades Park
Janzen
Dussell Trial Deliberations Pause After Six Day Case
Trial over the murder of Miss Auble concludes with no sentencing date set by Erie County Common Pleas Court judges James McCrystal Paul Work and James Young. Defense attorney George Howells of Sandusky plans an appeal after family consultation. Prosecutor William Smith calls the ring evidence damanging while noting the emotional impact on the community. Dussell denies the murder. the case included testimony from more than 30 witnesses.
MENTIONED IN THIS ARTICLE
Erie County Common Pleas Court
James McCrystal
Paul Work
James Young
George Howells
Sandusky
John Moyer
William Smith
Howells
Dussell
Miss Auble
Moyer
CleveTrust Cuts New Car Loan Rate in Cleveland
Cleveland Trust Co Ohio's largest bank reduced its new car loan rate to 10.2 percent from 11.08 percent. President M Brock Weir said the cut helps borrowers and industries needing to replace cars while noting it does not imply a national push to spending. Other local banks charged about 12 percent.
MENTIONED IN THIS ARTICLE
Cleveland (Ap
Cleveland Trust Co
Ohio
Bank Presi
Dent M. Brock Weir
Cleveland Bank
Allied Chemical New York
Scott Paper
Sears Roebuck
Texaco
Atlantic
Babcock Wilcox
UN Carbide
Rethlehem Steel
U.S. Steel al Chesapeake
CPC
Curtiss Wright
Pierre R Smith
American Machine & Foundry
Cow
Ohio Edison Nott. & W
Penn Central Owen Corning
Parkl Peaney J.C
Shell
Pepa Co
Pfizer
Ptulio Morrisay
Phillips Petroleum
Northwest
Procter & Gamble
Ralston P
RCA
Reich
GM Accused of Failing to Notify Car Defects
The U S government accuses General Motors of withholding safety defect notices affecting about 816000 older cars The Department of Transportation suit seeks 800000 in penalties and injunctive relief It targets 1965 66 Chevrolets 66 Buicks with Rochester Quadrajet carburetor fire risk and 65 68 Buick Electra 225s Wild Cats plus early 1970 Cadillacs with cruise control for engine mount defects affecting about 441000 vehicles
MENTIONED IN THIS ARTICLE
Washington
General Motors
Department of Transportation
National Highway Traffic Safety Administration
U.S
HUD chief Lynn unveils four point plan for builders
HUD secretary James T. Lynn announced at the home builders convention a four point program to aid the industry. He proposed lowering the FHA and VA mortgage interest ceiling from 9 to 8.5 percent, allocating 900 million dollars to subsidize rents for poor tenants, aiding 350 000 to 385 000 families, and loan 215 million to support construction of about 20 000 rental units for the elderly and disabled over two years.
MENTIONED IN THIS ARTICLE
Dallas
Tex
James T. Lynn
Department of Housing and Urban Development
Home Builders Annual Convention
Federal Housing Administration and Veterans Administration
Stock market opens higher on Fed credit easing move
The New York market rose as the Fed cut reserve requirements, freeing about 1.1 billion dollars for circulation. Analysts noted the boost alongside a cooler December CPI showing prices up 12.2 percent for 1974, with the Dow up about one point and 5-2 advancers over decliners on the NYSE.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
New York Stock Exchange
Fed
Labor Department
Cautious 1975 investment forecast at Elyria C of C
About nine chamber members and guests heard a cautious investment forecast for 1975 at Lorain County Community College. Vance Sanders and Co. executives Otis and Parkman urged selective stock picks, bonds for safety, and mutual funds for diversification amid high interest rates and a potential new bull market.
MENTIONED IN THIS ARTICLE
Elyria Area
Vance. Sanders and Co., Inc
Chamber
Vance
Sanders
Thomas Otis
Parkman
Ing
Otis
Also Mentioned on This Page
Re, G
Thomas A. Murphy
Cadillac
Chrysler Corp
Ford Motor
American Motors Corp
Ford
U. S
Miss Umer
North Ridgeville
Ohio State
Raymond Brewer
J.C. Insurance Sur Bonding Agency
Middle Ave
LYRA
Lincoln-Mercury
Metuchen
N. J
Priscilla Plumb
Seneca Ave
Miss Aubie
CleveTrust
Weir
HUD Chief
Lynn
Rades
Busi
Elyria C of C
Bill Rados
Tera
Revie
Bay
Henry Parkman
University of Chicago
Chicago
United States
Lorain Civil Service Commission
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